Stores are counting receipts from the four-day shop-o-rama. Five days if you count so-called Cyber Monday, when everybody used work computers to get through their holiday list digitally. IBM reports the online sales were up 20 percent from a year ago. Juli Nieman, analyst at Smith Moore and Company in St Louis, says consumers are holding the line on some things.
Also, China is responding to an American trade grievance by taking the issue to the World Trade Organization. U.S. officials believe China has sold solar panels and other goods below cost and has hit $8 billion worth of Chinese imports with punitive anti-dumping duties. China will argue that's not fair.
They call them "native ads." Advertisements that wear camouflage. They blend in with the main content of the site … like a sneaky promotional Tweet from a smartphone company about the awesomness of its phone. Now, the Federal Trade Commission digs into native advertising.
The vice president urged calm and called for new mechanisms to avoid an escalation of regional tensions. China and Japan have been at odds over the airspace above a set of disputed islands in the East China Sea.
Former lead dancer Pavel Dmitrichenko was convicted in the January acid attack that nearly blinded Bolshoi Theater artistic director Sergei Filin. Dmitrichenko has acknowledged organizing the assault but said he didn't intend for acid to be used.