Marketplace Morning Report for Tuesday, December 24, 2013

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There are reports this morning that a deal is close to compensate the victims of the Rana Plaza collapse in Bangladesh, which killed more than 1,100 garment industry workers last April. Some companies that made clothes there are in talks with the government and labor groups to create a fund to pay victims and their relatives. The New York Times says the settlement could be as much as $40 million. If you're one of those people who still strings cranberries together to decorate a Christmas tree, you're in luck. There's a cranberry surplus. And, wine lovers have something to look forward tonight -- Christmas stockings stuffed with aerators, vacuum pumps, and fancy corkscrews.  Wine gadgets are now a multi-million dollar industry. But do any of them actually work?
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PODCAST: Bleak prospects in the new year for the long-term unemployed

Long-term unemployment has not been this high for this long since World War II. And, Netflix comes out with its first original kids' program.
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Mortgage applications drop after the Fed takes a little juice out of the bond market

Applications for home mortgages in the U.S. have dropped to a record low since the Federal Reserve announced its plans to slow its bond-buying program.
Posted In: mortgage, Federal Reserve, bond buying
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$40 million fund created for Bangladesh factory collapse victims

Global retailers, labor groups, and the Bangladeshi government have set aside $40 million for victims of the Rana Plaza collapse.
Posted In: Bangladesh, garment factory, labor
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This Xmas, give the gift of wine you can put in your toilet

The wine accessory business is flourishing in the U.S. More Americans are drinking wine, especially at home.
Posted In: wine
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Obamacare extension catches insurers off guard

The Obama administration has extended the deadline for people who are signing up for health insurance on the federal exchange, but insurers are having trouble adapting.
Posted In: Obamacare, Affordable Care Act, insurance companies
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Long-term unemployed get a holiday without much cheer

Long-term unemployment has not been this high for this long since World War II.
Posted In: long-term unemployed, Unemployment
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What are we going to do with all these surplus cranberries?

Cranberry farmers, facing an oversupply, have a plan to create a new market.
Posted In: school lunch, Cranberries
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Netflix declares the death of Saturday morning cartoons

Netflix comes out with its first original kids' program.
Posted In: netflix, children
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RSA and the NSA: Who is telling the truth?

The latest revelation about government surveillance is that the National Security Agency had a partner in building weakness into security standards: a firm that is supposed to be strengthening them.
Posted In: cybersecurity, nsa, NSA leaks

Music from this show

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Crickets Sing For Ana Maria
Walter Wanderley
Waves
Joey Bada$$
Bring It Home (Instrumental)
The Bamboos
Calling aventura king
Kid Loco

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