Business Trucking News+ More Amex to hike late fee + MORE 11/27/2016

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Amex to hike late fee

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American Express will raise the penalty for late payments to as much as $38. As Fred Katayama reports, the move comes after the CFPB raised the maximum penalty allowed.

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Wall Street rallies on Black Friday

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Consumer stocks drove the major U.S. indexes to record highs on Black Friday, the day marking the start of the holiday shopping season. Fred Katayama reports.

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The U.S. holiday shopping tradition of Black Friday saw an uptick in shoppers but in-store retailers continued to be eclipsed by cyber deals as online sales jumped. Gavino Garay reports.

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JLR wants to build electric cars in UK

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Britain’s biggest carmaker Jaguar Land Rover says it wants to build electric cars in Britain in what would be a further boost to the UK automotive sector after the Brexit vote. David Pollard reports.

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Macy's fights back on Black Friday

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Macy’s offers bigger discounts to attract shoppers, trying to compete with online retailers. Fred Katayama reports.

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