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Marketplace Morning Report for Tuesday, December 24, 2013
Dec 24, 2013

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?

Segments From this episode

What are we going to do with all these surplus cranberries?

Dec 24, 2013
Cranberry farmers, facing an oversupply, have a plan to create a new market.

Long-term unemployed get a holiday without much cheer

Dec 24, 2013
Long-term unemployment has not been this high for this long since World War II.

Obamacare extension catches insurers off guard

Dec 24, 2013
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.
A computer screen reads, 'Enroll by Dec. 23 for coverage starting as soon as Jan 1. That deadline has been extended by a day.
Joe Raedle/Getty Images

This Xmas, give the gift of wine you can put in your toilet

Dec 24, 2013
The wine accessory business is flourishing in the U.S. More Americans are drinking wine, especially at home.

$40 million fund created for Bangladesh factory collapse victims

Dec 24, 2013
Global retailers, labor groups, and the Bangladeshi government have set aside $40 million for victims of the Rana Plaza collapse.

Mortgage applications drop after the Fed takes a little juice out of the bond market

Dec 24, 2013
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.

PODCAST: Bleak prospects in the new year for the long-term unemployed

Dec 24, 2013
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.

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?

The team

Stephen Ryan Producer, BBC