Crowdfunding to hit stocks gains momentum in US
The JOBS Act allows startups to sell stock to small investors online, with SEC proposing rules on investor limits and required disclosures. Individuals under $100k income or net worth may invest up to 5 percent of yearly income, others up to 10 percent, while companies must reveal business plans, finances, and major ownership.
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Recall covers Nissan paths for ABS fix across models
Nissan and Infiniti recall about 152 thousand crossovers to update ABS software after a glitch may lengthen stopping distances on rough roads. Affected are 2013 2014 Nissan Pathfinder 2013 Infiniti JX35 and 2014 Infiniti QX60. No injuries reported per Nissan. National Highway Traffic Safety Administration notes increased crash risk.
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Steve Yaeger
FedEx Sees Record Holiday Deliveries on Cyber Monday
FedEx projects more than 22 million shipments on the season’s busiest day, December 2, with the first week of December totaling over 85 million shipments. Online shopping and restocking electronics and apparel drive the peak, making Cyber Monday the expected top day for the season.
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Memphis
Tenn
FedEx
Halloween spending dips as economy slows shoppers cut back
Ninety percent expect to spend less on candy costumes and decorations this Halloween. Total national spend is projected around 6.9 billion with average per person about 75 dollars, down from last year. NRF and university experts note slower recovery and cautious consumer confidence shaping purchases.
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Anna Harris
St. Paul, Minn
Harris
St. Paul
Wal-Mart
Kathy Grannis
National Retail Federation
George John
University of Minnesota
Carlson School of Management
John
NRF
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