Nov 19, 2012

Marketplace for Monday, November 19, 2012

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There's optimism that a congressional compromise to avoid tripping over the fiscal cliff is all but a done deal. So what's changed? Cranberries are big business in Massachusetts, but climate change is forcing growers there to rethink operations. The juggernaut that is Black Friday just keeps growing. And now it has extended beyond just sweaters and electronics. Plus, the oil boom in North Dakota has brought thousands of workers to the state, but there's not a lot to do except work. So one promoter brought mixed martial-arts fights to town.

Segments From this episode

Other businesses pile on to Black Friday, the event

Nov 19, 2012
Businesses from insurance to over-the-counter medicine see the crowds attracted by Black Friday shopping and figure out ways to cash in.

Rally suggests fiscal cliff deal is done

Nov 19, 2012
Wall Street rallies on optimism that a deal will be reached to avoid the fiscal cliff. Nevermind that Congress is on recess and Obama is in Asia.

Twinkies fans rejoice, Hostess to go into mediation

Nov 19, 2012
Hostess will hold talks with its bakery workers union to try to avoid the company being shut down. Bad news for people who may have bid thousands of dollars on Twinkies.

As Myanmar opens up, U.S. firms wade in

Nov 19, 2012
President Obama’s visit to Myanmar accompanies an easing of trade restrictions that has U.S. companies stepping into the underdeveloped country.

In defense of the income tax, a history

Nov 19, 2012
It took a natural disaster and a financial panic to get income taxes written into the U.S. Constitution. That was 1907. And even those who like public programs are still struggling to defend taxes.

An old friend of the party assesses China's new leaders

Nov 19, 2012
Sidney Rittenberg is one of the few Americans to join China's Communist Party. The one-time translator for Mao Tse-tung hopes China's new leaders have the courage to reform.

Climate change comes to the cranberry bog

Nov 19, 2012
Cranberry growers in Massachusetts are starting to look elsewhere to farm as a warming climate makes managing bogs more expensive and interferes with the maturing of berries.

'Fight Night' in an oil-boom town

Nov 19, 2012
North Dakota's oil boom has drawn thousands of workers to the state, overwhelming small towns. Rents are sky high. Workers live in barracks called mancamps. And there's not much to do besides work. One promoter brought martial arts fighting to town -- the Williston Basin Blowout.

There’s optimism that a congressional compromise to avoid tripping over the fiscal cliff is all but a done deal. So what’s changed? Cranberries are big business in Massachusetts, but climate change is forcing growers there to rethink operations. The juggernaut that is Black Friday just keeps growing. And now it has extended beyond just sweaters and electronics. Plus, the oil boom in North Dakota has brought thousands of workers to the state, but there’s not a lot to do except work. So one promoter brought mixed martial-arts fights to town.