Good afternoon and happy Black Friday (more on that below)! 🛍️
- Today's PM — edited by Nicholas Johnston — is 433 words, a 2-minute read.
1 big thing: Black Friday goes global
The idea of a Black Friday shopping day is spreading to countries that don't celebrate Thanksgiving, "prompting a backlash from some activists, politicians and even consumers," AP reports.
- Why it matters: "This year, Black Friday sales are expected to top prior records in a number of European countries," the Washington Post reports, as it highlights German protests against the shopping day.
Black Friday shopping has spread to France, Russia, South Africa the Czech Republic, and the U.K., per AP. Some of the pushback:
- A British consumer association found that 61% of deals advertised for Black Friday sales were actually cheaper or the same price on other shopping days.
- In Russia, consumers were warned to check to see if prices were raised before Black Friday to make deals seem better.
Bottom line: "Globalized commerce has brought U.S. consumer tastes to shoppers around the world, from Halloween candy to breakfast cereal and peanut butter, sometimes even supplanting local traditions," AP writes.
Bonus: Pics du jour
Above, heavy snow fell at Mammoth Mountain Ski Area in California's Sierra Nevada.
- Below: Snow covers recently charred chaparral — a rare sight in Santa Barbara.
2. What you missed
- Two people were killed and a suspect shot by police in a stabbing attack on London Bridge. The latest.
- Sen. Kamala Harris' presidential campaign is floundering, the WashPost and New York Times report. The details.
- FAA researchers are examining the safety implications of tighter airline seats, according to the WashPost. Settle in.
- Twitter CEO Jack Dorsey says he'll live in Africa for three to six months next year. Why Africa.
- Iraq's prime minister says he'll be stepping down after months of protests. Go deeper.
3. 1 🍸 thing
Martinis are shrinking. "[B]aby martinis — or 'tinis, in bar world lingo — are sweeping into top bars," Bloomberg reports.
- "Fueled by trends in moderation, as well as an aim to serve the drink at its coldest possible temperature, teeny 'tinis are popping up on the menus of the world’s best bars," Bloomberg's Elva Ramirez writes.
- Some cocktail bars are now pouring martinis as small as 2 ounces — half the traditional size and a far cry from some as large as 9 ounces that became popular at 1980s-era steakhouses.
Editor's note: This is sacrilege. James Bond, whose martinis could be as large as 8 ounces, explained the correct approach in "Casino Royale":
I never have more than one drink before dinner. But I do like that one to be large and very strong and very cold and very well-made. I hate small portions of anything, particularly when they taste bad.