Holiday Shopping: Retailers on Friday said opening their doors on Thanksgiving to begin the holiday shopping season was a success, Reuters reports. "There'll be an expansion of it next year," said Liz Ebert, retail lead at consulting firm KPMG LLP.
Outside Investments: The effort of Jacoby & Meyers to overturn New York state's ban on outside investments in law firms was revived last week, the New York Law Journal reports. The U.S. Court of Appeals for the Second Circuit vacated a lower court's order that threw out the firm's challenge.
The Jacksons: Rev. Jesse Jackson Sr., who has made headlines over the years for helping people in trouble, appears to be struggling with how to cope with the crisis unfolding for his son, former Representative Jesse Jackson Jr. (D-Ill.), The New York Times reports. The younger Jackson, who is grappling with bipolar disorder and a federal criminal investigation, announced on Wednesday he is resigning from Congress. “For such a powerful man, for such an influential man, to not be able to control the outcome of what’s going on, I’m sure, is frustrating,” said Chicago Alderman Roderick Sawyer, who has known the Jacksons for decades.