Olive oil producers in the Italian region of Tuscany are adopting an RFID-enabled service designed to better inform customers about the finer details of their products. Brands such as Buonamici, La Ranocchiaia, SPO and Il Cavallino are integrating SpeedTap passive RFID tags created by Thin Film Electronics (Thinfilm) into the labels of their olive oil bottles.

McDonald's Corp. is expanding a program that ditches frozen patties in favor of fresh beef, making another break with decades of fast-food practices in a bid to revitalize the chain. Fresh beef is now being used in some sandwiches in more than 75 restaurants in the Tulsa, Oklahoma, area, McDonald's said in a statement, extending trials that began in the Dallas-Fort Worth region, where the company is preparing fresh beef in 55 locations.

Global raw-steel production rose 2.6 percent from September to October, totaling 136,522,876 metric tons, with similar percentage increases in most of the major steelmaking nations and regions tracked by the World Steel Association. The year-over-year comparison is even higher for October, with a 3.3 percent higher in October 2016 than in October 2015.

Governor Tom Wolf has announced a comprehensive capital investment program at the Port of Philadelphia that will result in more than $300m in investment in the Port's infrastructure, warehousing and equipment. The initiative will start next year and continue through 2020.

Macy's this month made its debut appearance within Alibaba's Singles' Day in China. Well, sort of. It participated via a virtual reality shopping tour app featuring Macy's New York City flagship, which bills itself as the world's largest department store.

U.S. durable goods orders rebounded strongly in October, surging past expectations amid increased demand for aircraft and other transportation machinery. The Commerce Department said orders for items meant to last three years increased $11bn, or 4.8 percent, to $239.4bn last month, following a downwardly revised 0.4 percent drop in September. Economists had predicted a 1.7 percent gain.

The 2016 International Council of Shopping Centers (ICSC) Thanksgiving/Black Friday Shopping Report shows that three quarters of Americans spent the same or more this year than last year, and 44 percent of that spend was on gifts for other people. Americans shopping on Thanksgiving and/or Black Friday spent an average of $373, including approximately $100 on dining and entertainment in a shopping center.