Yahoo Earnings Handily Beat Forecasts

SAN FRANCISCO — Yahoo reported earnings Monday that were considerably above Wall Street expectations.

Yahoo reported net income in the fourth quarter of $272.3 million, or 23 cents a share, compared with $295.6 million, or 24 cents a share, in the period a year earlier.

But using a nonstandard accounting method favored by Wall Street analysts, the net income was 32 cents a share. Analysts had expected 28 cents a share, according to a survey by Thomson Reuters.

The company said revenue was up 1.6 percent from the quarter, to $1.35 billion.

“I’m proud of Yahoo’s 2012 and fourth-quarter results,” Yahoo’s chief executive, Marissa A. Mayer, said in a news release. “In 2012, Yahoo exhibited revenue growth for the first time in four years, with revenue up 2 percent year over year.”

Yahoo’s fourth-quarter earnings arrived at a critical juncture for Ms. Mayer, who joined the company six months ago.

Since then, her sheer presence at Yahoo headquarters seems to have jolted the company’s stock back to life. Shares are up 30 percent since July, and closed at $20.52 on Thursday, their highest price since September 2008.

Yahoo’s stock jumped more than 1 percent Monday in after-hours trading after closing at $20.31 in regular trading.

With Ms. Mayer’s honeymoon coming to an end, investors are eager to see whether she can deliver revenue growth.

Yahoo’s revenue has largely languished in an increasingly competitive landscape, in which it now finds itself vying with Facebook and Google for engineers, and for greater share of the online display advertising market.

The company’s search business, which Yahoo outsourced to Microsoft in 2009, is on its last legs, propped up only because of a revenue-guarantee clause in its contract with Microsoft that is set to expire in two months, though search revenue rose 4 percent in the fourth quarter, to $482 million compared with $465 million for the year-ago quarter.

But as Ms. Mayer has acknowledged, Yahoo’s future growth may well depend on its mobile strategy. Without mobile hardware, a browser or a social platform of its own, Yahoo has a long way to go.

In the past, Ms. Mayer has said the company’s mobile growth may come from smaller-scale acquisitions of mobile app companies. Yahoo acquired Stamped, a mobile app, for an undisclosed sum in October.

In December, Yahoo acquired OnTheAir, a small videoconferencing start-up, whose five-member team will focus on mobile products. Last week, it made its third acquisition with Snip.it, a San Francisco start-up. Like Stamped and OnTheAir, the service was immediately shut down. The team said it would be working in the “social news” area.

This article has been revised to reflect the following correction:

Correction: January 28, 2013

Because of an editing error, an earlier version of this article misstated the percentage increase in Yahoo’s quarterly revenue. It was 1.6 percent, not 1.5 percent.

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Casey Anthony files for bankruptcy, nearly $800,000 in debt

Casey Anthony is broke.

The Orlando, Fla., woman -- acquitted  of killing her 2-year-old daughter in a trial that riveted the nation -- has $1,084 in assets and at least $792,119 in debt, according to bankruptcy documents filed in a Florida federal court and obtained by local media.

The bankruptcy documents were filed Friday, the same day an appellate court threw out two of Anthony's four misdemeanor convictions.

The remains of Anthony's daughter, Caylee, were found inside a trash bag near the family home in December 2008. Anthony, now 26, was acquitted of the killing but convicted of multiple counts of lying to investigators.

Anthony's petition for bankruptcy laid out a financial situation drained by her trial, which became a media fixation. At one point, ABC News paid Anthony $200,000 for photographs, with the money then reportedly going toward Anthony's pricey legal defense.

That money is gone now, replaced by debts to scores of people and businesses, many for unspecified legal fees and "consulting fees" from medical and forensic services, according to the disclosure.

Most of the amounts owed were listed as "unknown," with the largest specified debt -- $500,000 -- belonging to Jose Baez, one of her defense attorneys.

In September 2011, the filing notes cryptically, Anthony "may have relinquished rights" to photographs of herself to Baez, adding that their value was "unknown." Further details were not immediately available, and Baez's office did not immediately respond to a request for comment.

Anthony, whose petition used her parents' Orlando address, also owes $145,660 to the Orange County Sheriff's Office for investigative fees, $61,505 in court costs to the Florida Department of Law Enforcement and more than $68,000 in taxes and penalties to the Internal Revenue Service, according to the filing.

Anthony's assets include $474 in cash and a "watch, pearl necklace, sapphire and opal rings, and miscellaneous sterling silver and costume jewelry" worth $200, the documents said. Anthony stated she had been unemployed for four years and listed no income.

Her bankruptcy attorney was listed as David L. Schrader.

Anthony is also the target of multiple lawsuits, according to the filing: Two defamation suits from Roy Kronk and Zenaida Fernandez-Gonzalez; two lawsuits for "unjust enrichment," including for a Texas horseback search group that accused Anthony of lying to them about her daughter still being alive; and the state of Florida, seeking to recoup investigative costs.

Kronk, who found Caylee's remains, is suing because Anthony's attorneys raised the possibility that he had killed the girl.

Fernandez-Gonzalez claimed distress after Anthony made up a fake babysitter with her name and accused that babysitter of kidnapping Caylee.

During Anthony's trial, however, Anthony's defense said Caylee had accidentally drowned in the family pool. 

Fernandez-Gonzalez's attorney, Matt Morgan, called the bankruptcy filing a "calculated delay tactic."

"We are not deterred and will stay the course," Morgan told the Orlando Sentinel.

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Lace 'Em Up: 4 Running Shoes Reviewed

Hitting the streets to get fit by spring? We review four new specialty sneakers for runners.

Adidas' Adizero Feather 2.0 runners are so light (barely 7 ounces) and so responsive, running in them feels more like bouncing on fluffy clouds than pounding on pavement. OK, I'm exaggerating, but I was really blown away by the light weight when I took them out on long-distance runs. So effective was the feather-weight design on a 5-mile outing, I could actually notice the reduced effort in my legs.

The shoe is topped with a barely-there breathable mesh that runs from the toes all the way back to the heel. Ventilation is therefore excellent, with a constant flow of cool air delivered directly to your piggies. And, unlike most shoes that make use of fancy, lightweight materials, they're actually quite sturdy.

These sneaks are compatible with Adidas' miCoach data reporting system and its companion apps. So if you already have a miCoach Speed_Cell sensor, just lift up the shoe's insert and pop it in (You can also attach the sensor to your laces). The sensor can be synced with your iPhone to track your speed, acceleration, distance, and pace during runs.

The only problem is that the miCoach system needs some work, including the inconsistent syncing and the iPhone app's interface. If you're used to the Nike+ app, you'll be struggling to work your way through using Adidas' lesser creation. That said, it's an add-on to the shoe and not a primary feature, so miCoach's shortcomings don't detract from the sneaker's quality.

WIRED Obscenely light at only 7 ounces. Flexible mesh upper keeps your tootsies cool and dry. Durable, despite the lightweight design. miCoach-compatible for tracking your runs. Great styling. Affordable at $115. Men's and women's versions.

TIRED If you're not into light shoes, these aren't for you. The miCoach system needs a lot of work -- it's adequate, but could be so much better.

Photos by Ariel Zambelich/Wired

Rating: 8 out of 10

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Ariel Sharon Brain Scan Shows Response to Stimuli

JERUSALEM — A brain scan performed on Ariel Sharon, the former Israeli prime minister who had a devastating stroke seven years ago and is presumed to be in a vegetative state, revealed significant brain activity in response to external stimuli, raising the chances that he is able to hear and understand, a scientist involved in the test said Sunday.

Scientists showed Mr. Sharon, 84, pictures of his family, had him listen to a recording of the voice of one of his sons and used tactile stimulation to assess the extent of his brain’s response.

“We were surprised that there was activity in the proper parts of the brain,” said Prof. Alon Friedman, a neuroscientist at Ben-Gurion University of the Negev and a member of the team that carried out the test. “It raises the chances that he hears and understands, but we cannot be sure. The test did not prove that.”

The activity in specific regions of the brain indicated appropriate processing of the stimulations, according to a statement from Ben-Gurion University, but additional tests to assess Mr. Sharon’s level of consciousness were less conclusive.

“While there were some encouraging signs, these were subtle and not as strong,” the statement added.

The test was carried out last week at the Soroka University Medical Center in the southern Israeli city of Beersheba using a state-of-the-art M.R.I. machine and methods recently developed by Prof. Martin M. Monti of the University of California, Los Angeles. Professor Monti took part in the test, which lasted approximately two hours.

Mr. Sharon’s son Gilad said in October 2011 that he believed that his father responded to some requests. “When he is awake, he looks at me and moves fingers when I ask him to,” he said at the time, adding, “I am sure he hears me.”

Professor Friedman said in a telephone interview that the test results “say nothing about the future” but may be of some help to the family and the regular medical staff caring for Mr. Sharon at a hospital outside Tel Aviv.

“There is a small chance that he is conscious but has no way of expressing it,” Professor Friedman said, but he added, “We do not know to what extent he is conscious.”

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Treasury Auctions Set for This Week

The Treasury’s schedule of financing this week includes Monday’s regular weekly auction of new three- and six-month bills and an auction of four-week bills on Tuesday.

At the close of the New York cash market on Friday, the rate on the outstanding three-month bill was 0.08 percent. The rate on the six-month issue was 0.11 percent, and the rate on the four-week issue was 0.06 percent.

The following tax-exempt fixed-income issues are scheduled for pricing this week:

MONDAY

Florida, $360 million of debt securities. Competitive.

TUESDAY

Scottsdale, Ariz., $75 million of general obligation bonds. Competitive.

WEDNESDAY

Illinois, $500 million of general obligation bonds. Competitive.

ONE DAY DURING THE WEEK

Arizona Department of Administration, $67.8 million of refinancing certificates of participation. Bank of America.

Austin, Tex., $144 million of rental car revenue bonds. Wells Fargo Securities.

Bexar County, Tex., $92 million of combination tax and revenue certificates of obligation. Siebert Brandford Shank.

California Bay Area Water Supply and Conservation Agency, $335 million of water system revenue bonds. Goldman Sachs.

Colorado Water Resources and Power Development Authority, $57.7 million of clean water revenue refinancing bonds. J. P. Morgan Securities.

Hawaii, $97.2 million of general obligation bonds. Bank of America.

Maine Health and Educational Facilities Authority, $150 million of eastern Maine medical center debt securities. Raymond James.

Massachusetts Development Finance Agency, $60 million of health care system revenue debt securities. Citigroup Global Markets.

Nashville and Davidson County, Tenn., $289 million of general obligation refinancing bonds. Raymond James.

New Haven, $132 million of Yale University debt securities. Barclays Capital.

Ohio Department of Development, $1.1 billion of liquor revenue bonds. J. P. Morgan Securities.

Ohio Department of Development, $423 million of liquor revenue bonds. Citigroup Global Markets.

Ohio, $54.5 million of higher educational facilities revenue bonds. Morgan Stanley.

Palm Beach County, Fla., $74.8 million of water and sewer revenue refinancing bonds. J. P. Morgan Securities.

Pueblo County, Colo., 60 million of school district general obligation bonds. Piper Jaffray.

Rhode Island Housing and Mortgage Finance Corporation, $99.3 million of multifamily home development bonds. Bank of America.

Tampa, Fla., $70 million of water utility system revenue bonds. Bank of America.

West Virginia University, $210 million of university projects revenue refinancing bonds. Wells Fargo Securities.

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Prison riot continues in Venezuela with 55 reported dead

Relatives of inmates pray outside the Uribana prison in Venezuela as a riot in the facility continued Saturday. (Leo Ramirez / Agence France-Presse / Getty Images / January 26, 2013)

By Mery Mogollon and Chris Kraul

January 26, 2013, 11:07 a.m.

CARACAS, Venezuela -- The unofficial death toll rose to 55 on Saturday from a ongoing prison riot as human-rights critics urged the government to improve Venezuela's overcrowded jails, described as some of the worst in Latin America.
 
National Guard members and police at midday were still trying to quell the riot at the Uribana prison in the western city of Barquisimeto, where violence broke out Thursday night when authorities began a search of cells for hidden weapons. 
 
The prison is one of many severely overcrowded jails in Venezuela. It is reputed to be dominated by gangs whose tentacles extend to criminal enterprises across the country, including the sale of drugs and control of buildings and farms occupied by squatters.
 
Although the government has not released totals of dead and wounded, Raul Medina, director of Central Hospital of Barquisimeto, told reporters early Saturday that the toll was 55 dead. Other sources reported that 93 people had been wounded.

Many of the victims were disfigured and only 12 have been identified, Medina said.
 
Iris Varela, minister for penitentiary services, was scheduled to hold a news  conference later Saturday, but issued a statement Friday in which she blamed local Barquisimeto media for announcing the prison search in advance. She also said many of the deaths were a “settling of scores” among rival prison gangs.
 
The Uribana jail has a long history of violence and appalling conditions. In a joint statement Friday, two human rights groups noted that the Inter-American Court on Human Rights in 2007 called on the government of President Hugo Chavez to take immediate steps to alleviate overcrowding and “avoid the loss of life” at the facility.
 
“Even then the court was asking the government to seize arms that were in the possession of the prisoners,” said the Venezuelan Prison Observatory and Federation of Colleges of Attorneys in their statement. Not just prisoners but guards and inmates’ families were unnecessarily at risk, the statement said.
 
The watchdog groups went on to criticize the abortive prison search for “excessive force” and for “not having been coordinated nor performed with the experts and methods called for.”

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Crazy Alien Weather: Lightning-Filled Rocket Dust Storms of Mars

Scientists have modeled the internal workings of lightning-filled “rocket dust storms” on Mars that rise at speeds 100 times faster than ordinary storms and inject dust high into the Martian atmosphere.

The Red Planet is a very dry and dusty place, with global storms that sometimes obscure the entire surface. Satellites orbiting Mars have seen persistent dust layers reaching very high altitudes, as much as 30 to 50 km above the ground, though scientists are at a loss to explain exactly how the dust got there.

Using a high-resolution model, researchers have shown that a thick blob-like dust pocket inside a storm may become heated by the sun, causing the surrounding atmosphere to warm quickly. Because hot air rises, these areas will shoot skyward super fast, much like a rocket launching into space, hence “rocket dust storms.”

“The vertical transport was so strong we want to come up with a kind of spectacular name, to give an idea of the very powerful rise,” said planetary scientist Aymeric Spiga from the Institut Pierre Simon Laplace in Paris, France, who is lead author on a paper describing the phenomena in the Journal of Geophysical Research: Planets on Jan. 14.

These speedily rising dust blobs can soar from near the surface to 30 or 40 km into the atmosphere in a matter of hours at speeds in excess of 10 meters per second (22 mph). This is far faster than the typical convection speeds in a dust storm of 0.1 meters per second (0.2 mph). Since the dust particles rub up against one another and create friction, the rocket dust storms may become charged with electrostatic forces, which could which could trigger fantastic lightning bolts.

Spiga and his team used detailed models of winds and dust on Mars to determine exactly how these rocket dust storms behave. Most previous models of Mars’ climate simulate large-scale global dust storms with fairly coarse resolution and so have not noticed the rocket storms. The team seeded their model with data from a dust storm observed by the OMEGA instrument aboard ESA’s Mars Express orbiting satellite and watched the rise of rocket storms.

Similar dust storms can’t happen on Earth. This is mainly because Mars’ atmosphere is about 100 times thinner than our own, meaning that it gets quickly and efficiently heated when dust particles absorb sunlight and then emit thermal radiation.

But a comparable phenomenon occurs in grey cumulonimbus thunderstorm clouds on Earth. The large accumulations of water particles in such clouds release latent heat, causing strong vertical motions and an extensive tall structure. Spiga’s team has used this Earthly analogy in the rocket dust storm’s more technical name, conio-cumulonimbus, from the Greek conious, which means dust.

“But I prefer to call them rocket dust storms,” Spiga said. “Then everyone knows what I’m talking about.”

Other researchers are impressed with the physical modeling done in the work. “I was a little surprised that such a small dust disturbance could remain intact over such long distances,” said planetary atmospheres scientist Scot Rafkin from the Southwest Research Institute in Boulder, Colorado. The mechanism could help explain how long-lasting layers of dust climb so high in the Martian atmosphere, he says. 

Because they appear to be relatively rare, it may take a while to track down more rocket dust storms. But Spiga is hopeful they will be found by orbiting satellites, which may even image the lightning flashes inside them.

Video: Spiga, Aymeric, et al. “Rocket dust storms and detached dust layers in the Martian atmosphere,” JGR:Planets, DOI: 10.1002/jgre.20046

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Kutcher takes on tech idol Steve Jobs in ‘jOBS’

PARK CITY, Utah (AP) — Ashton Kutcher says playing Steve Jobs on screen “was honestly one of the most terrifying things I’ve ever tried to do in my life.”

The 34-year-old actor helped premiere the biopic “jOBS” Friday, which was the closing-night film at the Sundance Film Festival.

Kutcher plays the Apple Inc. founder from the company’s humble origins in the 1970s until the launch of the first iPod in 2001. A digital entrepreneur himself, Kutcher said he considers Jobs a personal hero.

“He’s a guy who failed and got back on the horse,” Kutcher said. “I think we can all sort of relate to that at some point in life.”

Kutcher even embodied the Jobs character as he pursued his own high-tech interests off-screen.

“What was nice was when I was preparing for the character, I could still work on product development for technology companies, and I would sort of stay in character, in the mode of the character,” he said. “But I didn’t feel like I was compromising the work on the film by working on technology stuff because it was pretty much in the same field.”

But playing the real-life tech icon who died in 2011 still felt risky, he said, because “he’s fresh in our minds.”

“It was kind of like throwing myself into this gauntlet of, I know, massive amounts of criticism because somebody’s going to go ‘well, it wasn’t exactly…,’” Kutcher said.

While the filmmakers say they tried to be as historically accurate as possible, there was also a disclaimer at the very end of the credits that said portions of the film might not be completely accurate.

Still, realism was always the focus for Kutcher, who watched “hundreds of hours of footage,” listened to Jobs’ past speeches and interviewed several of his friends to prepare for the role.

The actor even adopted the entrepreneur’s “fruitarian diet,” which he said “can lead to some serious issues.”

“I ended up in the hospital two days before we started shooting the movie,” he said. “I was like doubled over in pain, and my pancreas levels were completely out of whack, which was completely terrifying, considering everything.”

Jobs died of complications from pancreatic cancer.

Still, Kutcher was up to the challenge of playing Jobs, in part because of his admiration for the man who created the Macintosh computer and the iPod.

“I admire this man so much and what he’s done. I admire the way he built things,” Kutcher said. “This guy created a tool that we use every day in our life, and he believed in it when nobody else did.”

The film also shows Jobs’ less appealing side, withholding stock options from some of the company’s original employees and denying child support to the mother of his eldest child.

Kutcher still found the man inspiring. Jobs had a singular focus, Kutcher said, and felt like anyone could change the world.

“I don’t know if there’s ever been an entrepreneur who’s had more compassion and care for his consumer than Steve Jobs,” Kutcher said. “He wanted to put something in your hand that you could use and you could use it easily… and he really cared about that.”

___

AP Entertainment Writer Sandy Cohen is on Twitter: www.twitter.com/APSandy.

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Religious Groups and Employers Battle Contraception Mandate

Shawn Thew/European Pressphoto Agency

President Obama, with his health secretary, Kathleen Sebelius, offering a compromise on the contraception mandate last year.

In a flood of lawsuits, Roman Catholics, evangelicals and Mennonites are challenging a provision in the new health care law that requires employers to cover birth control in employee health plans — a high-stakes clash between religious freedom and health care access that appears headed to the Supreme Court.

In recent months, federal courts have seen dozens of lawsuits brought not only by religious institutions like Catholic dioceses but also by private employers ranging from a pizza mogul to produce transporters who say the government is forcing them to violate core tenets of their faith. Some have been turned away by judges convinced that access to contraception is a vital health need and a compelling state interest. Others have been told that their beliefs appear to outweigh any state interest and that they may hold off complying with the law until their cases have been judged. New suits are filed nearly weekly.

“This is highly likely to end up at the Supreme Court,” said Douglas Laycock, a law professor at the University of Virginia and one of the country’s top scholars on church-state conflicts. “There are so many cases, and we are already getting strong disagreements among the circuit courts.”

President Obama’s health care law, known as the Affordable Care Act, was the most fought-over piece of legislation in his first term and was the focus of a highly contentious Supreme Court decision last year that found it to be constitutional.

But a provision requiring the full coverage of contraception remains a matter of fierce controversy. The law says that companies must fully cover all “contraceptive methods and sterilization procedures” approved by the Food and Drug Administration, including “morning-after pills” and intrauterine devices whose effects some contend are akin to abortion.

As applied by the Health and Human Services Department, the law offers an exemption for “religious employers,” meaning those who meet a four-part test: that their purpose is to inculcate religious values, that they primarily employ and serve people who share their religious tenets, and that they are nonprofit groups under federal tax law.

But many institutions, including religious schools and colleges, do not meet those criteria because they employ and teach members of other religions and have a broader purpose than inculcating religious values.

“We represent a Catholic college founded by Benedictine monks,” said Kyle Duncan, general counsel of the Becket Fund for Religious Liberty, which has brought a number of the cases to court. “They don’t qualify as a house of worship and don’t turn away people in hiring or as students because they are not Catholic.”

In that case, involving Belmont Abbey College in North Carolina, a federal appeals court panel in Washington told the college last month that it could hold off on complying with the law while the federal government works on a promised exemption for religiously-affiliated institutions. The court told the government that it wanted an update by mid-February.

Defenders of the provision say employers may not be permitted to impose their views on employees, especially when something so central as health care is concerned.

“Ninety-nine percent of women use contraceptives at some time in their lives,” said Judy Waxman, a vice president of the National Women’s Law Center, which filed a brief supporting the government in one of the cases. “There is a strong and legitimate government interest because it affects the health of women and babies.”

She added, referring to the Centers for Disease Control and Prevention, “Contraception was declared by the C.D.C. to be one of the 10 greatest public health achievements of the 20th century.”

Officials at the Justice Department and the Health and Human Services Department declined to comment, saying the cases were pending.

A compromise for religious institutions may be worked out. The government hopes that by placing the burden on insurance companies rather than on the organizations, the objections will be overcome. Even more challenging cases involve private companies run by people who reject all or many forms of contraception.

The Alliance Defending Freedom — like Becket, a conservative group — has brought a case on behalf of Hercules Industries, a company in Denver that makes sheet metal products. It was granted an injunction by a judge in Colorado who said the religious values of the family owners were infringed by the law.

“Two-thirds of the cases have had injunctions against Obamacare, and most are headed to courts of appeals,” said Matt Bowman, senior legal counsel for the alliance. “It is clear that a substantial number of these cases will vindicate religious freedom over Obamacare. But it seems likely that the Supreme Court will ultimately resolve the dispute.”

The timing of these cases remains in flux. Half a dozen will probably be argued by this summer, perhaps in time for inclusion on the Supreme Court’s docket next term. So far, two- and three-judge panels on four federal appeals courts have weighed in, granting some injunctions while denying others.

One of the biggest cases involves Hobby Lobby, which started as a picture framing shop in an Oklahoma City garage with $600 and is now one of the country’s largest arts and crafts retailers, with more than 500 stores in 41 states.

David Green, the company’s founder, is an evangelical Christian who says he runs his company on biblical principles, including closing on Sunday so employees can be with their families, paying nearly double the minimum wage and providing employees with comprehensive health insurance.

Mr. Green does not object to covering contraception but considers morning-after pills to be abortion-inducing and therefore wrong.

“Our family is now being forced to choose between following the laws of the land that we love or maintaining the religious beliefs that have made our business successful and have supported our family and thousands of our employees and their families,” Mr. Green said in a statement. “We simply cannot abandon our religious beliefs to comply with this mandate.”

The United States Court of Appeals for the 10th Circuit last month turned down his family’s request for a preliminary injunction, but the company has found a legal way to delay compliance for some months.

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7 Die in Fire At Factory In Bangladesh

A.M. Ahad/Associated Press

Firefighters and volunteers worked to extinguish the fire at a small garment factory in Bangladesh’s capital on Saturday.

DHAKA, Bangladesh — In the latest blow to Bangladesh’s garment industry, seven workers died Saturday after a fire swept through a factory here not long after seamstresses had returned from a lunch break. Workers said supervisors had locked one of the factory exits, forcing some people to jump out of windows to save their lives.

Abir Abdullah/European Pressphoto Agency

Relatives mourned beside the bodies of workers killed in the fire at a hospital in Dhaka.

Reuters

People sifted through the wreckage at the Smart Fashions factory.

The fatal fire comes roughly two months after the blaze at the Tazreen Fashions factory left 112 workers dead and focused global attention on unsafe conditions in Bangladesh’s garment industry. Tazreen Fashions, located just outside Dhaka, the capital, had been making clothing for some of the world’s biggest brands and retailers, including Walmart.

In the aftermath of the Tazreen Fashions fire, political and industrial leaders in Bangladesh pledged to quickly improve fire safety and even conducted high-profile, nationwide inspections of many of the country’s 5,000 clothing factories. And global brands promised they would not buy clothes from unsafe factories.

But Saturday’s fire in a densely populated section of Dhaka is a grim reminder that the problems remain. The blaze erupted about 2 p.m. at Smart Garment Export, a small factory that employed about 300 people, most of them young women who were making sweaters and jackets. All seven of the dead workers were women.

Masudur Rahman Akand, a supervisor in the fire department, said the factory’s workers were returning from lunch when the blaze erupted in a storage area. The factory was located on the second floor of a building, above a bakery, and it lacked proper exits and fire prevention equipment, Mr. Akand said.

“We did not find fire extinguishers,” he said. “We did not find any safety measures.”

With smoke filling the factory floor, workers apparently panicked. Mr. Akand said the seven workers who died either suffocated or were trampled by people trying to escape.

Eight other workers were hospitalized with injuries. Some of them told rescuers that many people could not quickly escape because one of the exits was blocked by a locked steel gate. Witnesses said people began jumping out of windows before the gate was unlocked.

Azizul Hoque, a police supervisor, said the investigation was continuing. “We do not know the reason or the source or the origin of the fire,” he said.

It was unclear whether the Smart Garment factory was making clothing for international brands or retailers. Dhaka’s industrial areas are filled with factories, large and small, that produce clothing for much of the Western world.

Julfikar Ali Manik reported from Dhaka, and Jim Yardley from New Delhi.

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