Marketplace Morning Report for Friday, November 23, 2012

Episode Teaser Image 
Episode Description 
While you were eating that Turkey, two giant companies were inching ever closer to a $33 billion marriage. Glencore, the Swiss commodities trading firm, is trying to takeover a mining company called Xstrata. If you head out for some Black Friday shopping today, take a moment to think about where those products are made: Probably in a big warehouse somewhere. But the way that warehouse operates may be changing, with a greater focus on skilled workers and technology. Plus, why holiday food prices may be a bit higher than normal this December.

PODCAST: Black Friday begins, inside the Skechers warehouse

Why Black Friday is shaping up to be a bit more lackluster than last year, your Christmas dinner could be a bit more expensive, and Mexico could soon be renaming itself.

The importance of Black Friday this year

Today is supposed to be the day that retailers wait the whole year for; the day consumers line up early to be the first ones to get those Black Friday specials.
Posted In: Black Friday

Groups buy up underwater mortgages, keep families in house

The national foreclosure rate increased by more than 3 percent in October compared to the previous month. Some groups across the country are trying to change that by buying underwater mortgages and keeping families in their homes.
Posted In: mortgage, underwater mortgage

Argentina ordered to repay $1.3 billion to U.S. hedge funds

Argentina is probably not feeling very thankful this morning. It's still digesting a U.S. court ruling involving a decade-long debt fight.
Posted In: Argentina, hedge funds

Glencore, Xstrata merger approved by EU

Glencore, the Swiss commodities trading firm, is trying to takeover a mining company called Xstrata. And the deal just got a stamp of approval from European regulators.
Posted In: Mergers and Acquisitions, mining, Glencore, Xstrata

How the drought may dampen holiday dinner

The drought has already affected livestock feed prices. Holiday dinner shopping list prices may be next.
Posted In: food prices, holidays, turkey

Skechers warehouse showcases state-of-the-art technology

Jobs are better, but fewer, as high-tech machines replace lower-skilled warehouse loaders and handlers
Posted In: skechers, Walmart, low-wage workers, warehouse

Education groups lobby hard against 'fiscal cliff'

Education lobbyists make up the lion's share of groups pushing to avert the 'fiscal cliff.'
Posted In: fiscal cliff, Education, lobbyist

Music from this show

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She Don't Use Jelly
The Flaming Lips
Fly Away / Walking In The Sunshine
Laid Back

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