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

Marketplace Morning Report for Friday, November 23, 2012

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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.

Segments From this episode

Education groups lobby hard against 'fiscal cliff'

Nov 20, 2012
Education lobbyists make up the lion's share of groups pushing to avert the 'fiscal cliff.'

Skechers warehouse showcases state-of-the-art technology

Nov 21, 2012
Jobs are better, but fewer, as high-tech machines replace lower-skilled warehouse loaders and handlers

How the drought may dampen holiday dinner

Nov 23, 2012
The drought has already affected livestock feed prices. Holiday dinner shopping list prices may be next.

Glencore, Xstrata merger approved by EU

Nov 23, 2012
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.

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

Nov 23, 2012
Argentina is probably not feeling very thankful this morning. It's still digesting a U.S. court ruling involving a decade-long debt fight.

Groups buy up underwater mortgages, keep families in house

Nov 23, 2012
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.

The importance of Black Friday this year

Nov 23, 2012
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.

PODCAST: Black Friday begins, inside the Skechers warehouse

Nov 23, 2012
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.

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.

The team

Stephen Ryan Producer, BBC