BC-Business News Digest

Business News at 6:30 p.m.

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NEW TO THIS DIGEST:

MASSACHUSETTS GAS EXPLOSION, BOX OFFICE.

UPDATES:

HOLIDAY-SHOPPING, BANGLADESH-FACTORY-FIRE, SPAIN-REGIONAL ELECTION, EGYPT

REMOVES:

SUPERSTORM-LOWER MANHATTAN

TOP STORIES

HOLIDAY SHOPPING

NEW YORK â¿¿ There's a saying that you can't please all of the people all of the time. But apparently you can if they're holiday shoppers. A survey released by the National Retail Federation on Sunday is showing that U.S. shoppers hit stores and websites at record numbers over the Thanksgiving weekend. By Anne D'Innocaenzio

AP photos.

With

US--CYBER MONDAY

NEW YORK â¿¿ Black Friday is a distant memory. Small Business Saturday is long gone. Now, it's Cyber Monday's turn. By Mae Anderson

SUPERSTORM-BLOCKING THE SEA

Think Sandy was just a 100-year storm that devastated New York City? Imagine one just as bad, or worse, every three years. Prominent planners and builders say now is the time to think big to shield the city's core.

By Jeff Donn

AP Photos.

BANGLADESH-FACTORY-FIRE

DHAKA, Bangladesh â¿¿ Fire raced through a garment factory that supplies major retailers in the West, killing at least 112 people, many of whom were trapped by the flames because the eight-story building lacked emergency exits, an official said Sunday.

AP Photos.

US--NATURAL GAS VEHICLES

SCRANTON, Pa. â¿¿ If the trash truck or bus rolling down your street seems a little quieter these days, you're not imagining things. It's probably running on natural gas. By Michael Rubinkam

AP Photos.

MARKETS & ECONOMY

WALL STREET WEEK AHEAD

NEW YORK â¿¿ Making a killing on initial public offerings used to be easy. At the peak of the technology boom, little more than a decade ago, a plentiful supply of companies vied to sell stock on the exchanges, and investors were assured mouthwatering returns. These days, the deals are fewer and the returns more modest. Companies are set to raise more than $45 billion through IPOs this year, the most since 2007. But scratch the surface and the market is less healthy than it appears. By Steve Rothwell. For use anytime.

INDUSTRY

MASSACHUSETTS GAS EXPLOSION

SPRINGFIELD, Mass. â¿¿ A natural gas explosion that injured 18 people and damaged 42 buildings in Springfield's entertainment district was blamed Sunday on a utility worker who accidently punctured a high-pressure pipeline while looking for a leak.

AP Photos.

TECHNOLOGY & MEDIA

BOX OFFICE

LOS ANGELES â¿¿ Bella Swan, James Bond and Abe Lincoln have combined to lift Hollywood to record Thanksgiving revenue at the box office.

AP Photos.

INTERNATIONAL

EGYPT

CAIRO â¿¿ Supporters and opponents of Egypt's president on Sunday grew more entrenched in their potentially destabilizing battle over the Islamist leader's move to assume near absolute powers, with neither side appearing willing to back down as the stock market plunged amid the fresh turmoil.

AP Photos

EUROPE-FINANCIAL CRISIS

A top European Central Bank official says he hopes eurozone countries will clear the way Monday for Greece to receive its next aid installment, stressing that a deal will require movement from all involved. Eurozone finance ministers are trying to reach a deal after failing last week.

CLIMATE TALKS

DOHA, Qatar â¿¿ As nearly 200 countries meet in oil-and-gas rich Qatar for annual talks starting Monday on slowing global warming, one of the main challenges will be raising climate aid for poor countries at a time when budgets are strained by financial turmoil. By Karl Ritter

AP Photos

DUBAI-MEGA MALL

DUBAI, United Arab Emirates â¿¿ Dubai says it's getting back in the business of biggest. After years of downsized ambitions because of a debt crisis, Dubai has unveiled plans for a new tourism-retail hub that will include a shopping complex that would outclass the Dubai Mall, billed as the world's biggest.

SPAIN-REGIONAL ELECTION

Voters in the economically powerful region of Catalonia on Sunday punished the leader who made a referendum over breaking away from Spain a central plank of his campaign, seeing his party's majority reduced by a dozen seats.

AP photos.

KUWAIT-ELECTION

KUWAIT CITY â¿¿ There is little middle ground â¿¿ but plenty of high-stakes tension â¿¿ as Kuwait stumbles toward elections for the politically empowered parliament among the Gulf Arab states. The voting next Saturday is certain to hand the Western-backed ruling family a near sweep of friendly lawmakers because of a wide-ranging opposition boycott, but it opens greater risks for unrest that could spill over into oil prices and Washington's plans to use Kuwait as a military hub in the regional face-offs with Iran. By Hussain Al-Qatari.

AP photos

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