Mid-day Update

Markets are finally smiling again following the news yesterday that coordinated action will be taken by the world's central banks to ease credit and increase liquidity. In Illinois, state lawmakers have rejected a bill that would have offered millions of dollars in tax breaks to keep the Chicago Mercantile Exchange from leaving the state. And some economists say long-term benefits help the unemployed avoid reality.

The European debt crisis spreads to American banks. The National Labor Relations Board could speed up the process for elections. In light of recent scandals, universities are taking a closer look at candidates before hiring them on. And the end of Napster has finally come.

What would a doomsday scenario in Europe look like? The Occupy movement has led protesters to take over a UBS building in London's financial district. In China, the government has put a ban on advertisements during primetime TV shows. And American Airlines flies towards... bankruptcy.

The national retail federation says sales over the last 4 days jumped 16 percent from last year. Consumers spent an average of 398 dollars on Black Friday-- and Black Thursday, and all Black Saturday and Sunday. And about 40 percent of that shopping was done online.

More and more mobile devices like iPads are handling our purchases, but the makers of computers and cash registers aren't ready to give up the industry yet. TV sets are among the most discounted items for Black Friday this year. New York City's Grand Central Station is about to become home to Apple's newest store, and we speak to the CEO of Macy's on this year's holiday season.

This Thanksgiving, we talk to a big wig in the cranberry industry, the CEO of Ocean Spray. While the U.S. is on holiday, financial troubles in the eurozone march on. And Google wants to light up your home -- with lightbulbs, that is.