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Detailed text transcripts for TV channel - FOXNEWS - 20121228:23:06:00

increased in november for the third straight month to reach the highest level in two-and-a-half years. major port strike has been averted for now after mediators got the long shoreman s union to postpone it for month to work out time detail osafter new contract. correspondent phil keeting is following that story from miami. at least one end of the year cliff has been averted for now. container cliff. there will be no east and gulf coast port strike happening this weekend. but both sides still have much to work out. if they don t, five weeks from now will be right back to a sweeping strike with great consequences. a strike in long beach in los angeles a few weeks ago. that was close. if you cost that area, $1 billion a day. sticking point has been the container royalties. salary supplements for long shoremen. heavier the container, the more they get paid. the owners want to cap the royalties at last year s levels to 15,000 long shoreman did not. this from the federal mediator

Long shoremanMajor port strikeLong shoreman strikeGulf coastPhil keetingContainer cliffLos angelesLong beach1 billionSalary supplementsContainer royalties

Detailed text transcripts for TV channel - MSNBC - 20121228:16:50:00

these are, generally speaking made for optics, so we talk about it. jonathan allen, great to see you, thank for your time. my pleasure. we talked in the last segment about the milk cliff, it looks like the container cliff will be averted. the mediator in the port works contract dispute says they have extended the contract no 30 days at issue was royaltied for incoming containers, so basically kicking the container cliff down the road no 30 days. we have asked, you have answered. besides president obama, who is the biggest political winner of 2012 and why? some of answers we got, very interesting. lawrence william says hands down chris christie, he had a great year. liberals, we can say it with pride again. we get this from pixie sherry,

Container cliffJonathan allenMilk cliffContract disputeVice presidentPresident obamaLawrence williamChris christiePixie sherry

Detailed text transcripts for TV channel - FOXNEWS - 20121226:21:24:15

Detailed text transcripts for TV channel - FOXNEWS - 20121226:21:24:15
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Fiscal cliffContainer cliffUnion workersHaven tSteve moore1 billion