Marketplace Morning Report for Wednesday, December 5, 2012
A deal has been reached to end an eight day strike at the ports of Los Angeles and Long Beach, which handle almost half of all the cargo that arrives by sea in this country. The strike prevented billions of dollars of goods from being delivered. In other strike news, students at Emory University in Atlanta took over part of an administration building yesterday to protest cuts to liberal arts programs. And there may be some backroom dealing on Capitol Hill to avoid the fiscal cliff. But don't expect any any gifts to be exchanged. The House Ethics Committee has issued a memo called "holiday Guidance on the gift rule.