American Morning

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October 27th, 2011
07:41 AM ET

AM Minding Your Business for Oct. 27, 2011

Today on American Morning, Christine Romans reports on the morning business news headlines.

Today we're watching:

* As of this writing, markets are on track to open sharply higher after European leaders reached an agreement overnight to deal with the region's debt crisis.
* The European debt plan involves three parts, and private investors holding Greek debt will take a 50% loss - which will reduce Greece's debt.
* This morning, we're waiting for the first estimate on how much the economy grew in the third quarter. Economists surveyed by CNNMoney predict a 2.5% growth. We're also waiting for a new read on just how many Americans filed jobless claims for the first time last week.
* For the first time since last year's deadly "Deepwater Horizon" explosion, BP is getting ready to drill for oil again in the Gulf of Mexico. The company says it's been granted a drilling permit by federal officials.
* A new milestone for women in business. With the adds of Virginia Rometty as CEO of IBM and Heather Bresch taking the helm at pharmaceutical company Mylan, there are now a new record number of female CEO's leading Fortune 500 companies. By the end of 2011, there will be a total of 18 women running some of America's largest corporations.

Tune in to American Morning at 6am Eastern every day for the latest in business news.


Filed under: Minding Your Business