ISRAEL/US: Israel’s close relationship with the U.S. is its most “strategic asset,” Israel’s finance minister told CNBC, seeking to tone down the rhetoric over the Iranian nuclear deal that threatened to strain the U.S. and Israel’s relationship. Read more
CYBER MONDAY: Coming out of the Black Friday weekend, what do today’s Cyber Monday promotions tell us about how the weekend’s shopping went for retailers and how the stores will position themselves for the final weeks of the holiday season? For example, reports from one analyst suggest there were decent sales at Old Navy and their Cyber Monday promotions are a modest 30 percent off, while other parts of the Gap family didn’t fare as well, hence the 40 percent off markdowns at Banana Republic. Read more
AMAZON DRONE: HOW SOON?: News that Online retailer Amazon.com is testing package delivery using drones has many wondering when drones will be flying around. Perhaps not all that soon, actually. Read more
AMAZON DRONE: THE GREATEST AD CAMPAIGN EVER?: Jeff Bezos dropped news of the testing a day before Cyber Monday, one of Amazon’s biggest days of the year — a move which should keep the online retailer in the news discussion all day. Read more
PAID SICK LEAVE: After the passage of several paid sick leave laws on the state and municipal levels, some lawmakers are pushing back against the tide of legislation. Read more
STOCKS CLOSER: Stocks end lower after 8-week run higher; Dow’s worst day since Nov. 7. Read more
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