American Morning

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November 15th, 2011
07:25 AM ET

AM Minding Your Business for Nov. 15, 2011

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

This morning, we're watching:

* Right now, U.S. stock futures are trading lower. Yesterday the Dow, Nasdaq and S&P 500 were all off by less than 1%.
* This morning, October retail sales report will be released and we'll find out if consumers are out there spending as we approach the critical holiday shopping season.
* Oil prices are on the rise – up 20% since the start of October. The recent rally fueled by falling supplies, a weaker dollar and the ongoing tension in the Middle East.
* Warren Buffett is betting on Big Blue. The billionaire investor's Berkshire Hathaway disclosing it purchased over $10.7 billion in IBM stock. Buffett also invested in Visa, CVS and Intel.
* Citigroup and Deutsche Bank will pay a combined $165 million to settle claims the banks misled five credit unions about the risks tied to those bad mortgage backed securities.
* For the first time, the government is fining an airline for lengthy delays. American Eagle has been ordered to pay $900,000 for leaving passengers on 15 flights stranded on the tarmac for more than three hours.

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

Filed under: Minding Your Business
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