Marketplace®

Daily business news and economic stories
Dec 7, 2012

Marketplace for Friday, December 7, 2012

November’s job report shows the jobless rate fell to 7.7 percent, and 146,000 new jobs were created — but how can the report be of any practical use to job seekers? We look at the changes IBM says they’re making to employee benefits and how it could ripple to other companies. Some mortgage companies say they won’t foreclose over the holidays. There’s a breakthrough in the shipping industry that has tankers reaching their destinations more quickly than ever. And Scott Tong profiles George Mitchell, the godfather of modern-day fracking.

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November’s job report shows the jobless rate fell to 7.7 percent, and 146,000 new jobs were created — but how can the report be of any practical use to job seekers? We look at the changes IBM says they’re making to employee benefits and how it could ripple to other companies. Some mortgage companies say they won’t foreclose over the holidays. There’s a breakthrough in the shipping industry that has tankers reaching their destinations more quickly than ever. And Scott Tong profiles George Mitchell, the godfather of modern-day fracking.