Marketplace Morning Report for Friday, November 23, 2012
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.
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.