American Morning

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December 9th, 2011
08:29 AM ET

AM Minding Your Business for Dec. 9, 2011

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

This morning, we're watching:

* Most European leaders have agreed to a deal to solve Europe's debt crisis - even though Britain refused to sign on. The treaty will only apply to countries that use the currency along with six others that wish to join the Euro one day. The news is sending U.S. stock futures as well as European markets higher.
* The majority of European Union leaders agreed to funnel an additional $267 billion to the IMF to boost its bailout funds.
* Wal-Mart has launched a investigation into possible acts of corruption by employees. In a filing with the Securities and Exchange Commission - the world's biggest retailer says its trying to uncover whether workers bribed foreign officials to win business.
* Ford Motor Company is reinstating its dividend for the first time in five years. The move coming after years of debt and painful restructuring. But by the end of the first quarter, Ford will pay shareholders 5 cents per share. Ford was the only U.S. automaker to avoid a federal bailout and bankruptcy reorganization.
* Twitter is getting a new look. The revamped layout is meant to attract new users, keep them on the social network longer and attract more advertisers. You can peview the new design if you have the twitter app on your smartphone. The twitter site should be updating over the next couple weeks.
* According to a new survey, 36% of people plan to buy gifts for themselves this holiday. That's up from 29% last year. And shoppers say they plan to spend about $130 on themselves to be sure they get what they want.

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


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