Black Friday, Big Sandwich & the SEC
<p>Black Friday set a record $9.8bn in sales, up 7.5% from last year. The frenzy continued through the holiday as Americans spent $38bn over the next five days. Cyber Monday that its own record of $12.4bn, up 9.6% from last year. None of which was spent on Mrs. M, so I’ll have to deal with that. After a soft retail October and September, this proves that there is a little more blow in America’s economic baggie. How much, however, is a trickier question, and those floating credit card bills are going to start to pinch.</p>
<p>Britain’s anti-trust regulator is challenging a move by Adobe to buy Figma, a smaller rival for $20bn. EU regulators are set to make a similar challenge, with decisions coming in February.</p>
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