American Morning
Can GOP candidate Herman Cain's "9-9-9" work?
The talk of political circles these days is GOP candidate Herman Cain's "9-9-9" plan. But what exactly is the plan and will it work? Is it likely that Congress would ever go for something like this?
This morning on American Morning, Carol Costello talks to Wall Street Journal Economics Writer Stephen Moore about the "9-9-9" plan, which was inspired in a book he co-authored called "Return to Prosperity."
AM Minding Your Business for Oct. 13, 2011
Today on American Morning, Christine Romans reports on the morning business news headlines.
Today we're watching:
* Right now U.S. stock futures are down. The Dow turned positive for the year at one point during trading yesterday. But the rally lost steam right before the close.
* This morning, we'll find out how many unemployment claims were filed for the first time last week.
* Banking giant JP Morgan Chase just released its third quarter earnings report – and it topped estimates. Search giant Google releases its earnings report after the bell this afternoon.
* The billionaire convicted in the biggest insider trading case involving hedge funds in the U.S. is expected to be sentenced today in Manhattan. Raj Rajaratnam was found guilty of conspiracy and securities fraud back in May. He could spend as many as 25 years in prison.
* If you own a Sony TV we have some important news for you. The company is recalling 1.6 million Bravia LCD tvs that have a faulty component that may cause them to melt or catch fire.
* As the temperature heads south, your heating bill is about to go up! According to the Energy Department, homes that heat with oil can expect prices to rise nearly $200 over last year. The biggest reason for the increase: The rising price of crude oil.
Tune in to American Morning at 6am Eastern every day for the latest in business news.
Talk Back: What should the U.S. do about Iran?
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From CNN's Carol Costello:
An alleged Iranian agent has been charged in an assassination plot on U.S. soil. This is just the latest twist in a difficult and contentious relaionship...or non-realtionship between Iran and the U.S.
The U.S. hasn't "talked" to Iran officially since the 1979 hostage crisis. Since then, Iran's been part of the "Axis of evil", a nuclear wanna-be.
In 2009, Newly elected President Obama was pitching an "engagement" with Iran. But that was before Tehran's brutal crackdown on election protesters, the imprisonment of three American hikers, and the Iranian President's America bashing speeches. So an engagement anytime soon? Doubtful.
It's debatable whether sanctions on Iran, North Korea, or Iraq really changes their behavior, so could this go beyond sanctions?
Talk Back: What should the U.S. do about Iran?
Let us know what you think. Your responses could be read on our program.
Need a job to get a job? Provision in President Obama's jobs bill to prohibit unemployment discrimination
There's a provision included in the President's jobs bill that is getting a lot of attention. It has to do with discrimination against the unemployed. But can this be prevented and will it lead to frivolous law suits? CNN's Christine Romans reports.
Fashion: Backstage pass – Who will be Dior's next designer?
CNN's Alina Cho looks at the possible candidates who could be the next designer at Christian Dior.
Fashion: Backstage pass – Karl Lagerfeld on his success at Chanel
CNN's Alina Cho reports on designer Karl Lagerfeld's successful career at Chanel.
About this Show
Welcome to the American Morning blog where you can get daily news updates from American Morning's reporters and producers. Join us for "the most news in the morning," weekdays from 6-9 a.m. ET, only on CNN.
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