American Morning

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November 8th, 2011
07:52 AM ET

AM Minding Your Business for Nov. 8, 2011

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

Today we're watching:

* As of now, U.S. markets are poised to open higher this morning. They closed higher yesterday after a long day of very volatile trading. Investors remain jittery this morning about the developments in Greece and Italy.
* Italian bonds yields – nearing record highs, close to the dangerous 7% level. Investors rushing away from government bonds, showing concern that Prime Minister Berlusconi will not be able to get the country's debt problems under control.
* We're waiting to hear who will become Greece's next prime minister. An announcement is expected at any time.
* Warren Buffett is back in stocks. A filing shows his company Berkshire Hathaway invested more than $20 billion dollars last quarter. That's the most in at least 15 years. The purchases included Bank of America and chemical company Lubrizol.
* More than 13 million people will get a payment from Bank of America. A federal judge yesterday approved a $410 million settlement in a lawsuit claiming the bank charged customers excessive overdraft fees.

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


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