American Morning
AM Minding Your Business for Nov. 18, 2011
Today on American Morning, Christine Romans reports on the morning business news headlines.
This morning, we're watching:
* U.S. stock futures are trading higher at the moment, after another shaky session on Wall Street. Concerns about Europe's debt problems still pushing markets lower worldwide into today.
* We're keeping an eye on Spanish bond yields. They were up to that critical 7% level yesterday – that's the level at which other countries had to seek international bailouts. But the Spanish government insists Spain will not need a bailout from the EU.
* American retail icon GAP is still struggling. Profits dropped 36% in the third quarter and sales were down 6%. Banana Republic and Old Navy also owned by the gap.
* Black Friday is one week from today, and the National Retail Federation estimates that 152 million people will be hitting those sales this year. That's up 10% from a year ago.
* The Honda Civic natural gas model is taking home the Green Car Journal's "Green Car of the Year" award at the l-A Auto Show this week. This is the fifth generation of this model, and it's been praised for its great fuel efficiency and roomier design.
Tune in to American Morning at 6am Eastern every day for the latest in business news.
Kareem Abdul-Jabbar on being honored with Double Helix Medal, NBA lockout
He's the NBA's all-time leading scorer, a Los Angeles Lakers legend...and a cancer survivor.
Kareem Abdul-Jabbar was in New York this week to receive the Double Helix Medal, a prestigious award for the work he's done raising awareness for cancer research.
Abdul-Jabbar joined us on American Morning to talk about his fight against cancer and shares his thoughts on the current NBA lockout.
For more information on Kareem's work in raising awareness for Ph+ chronic myeloid leukemia, visit www.facebook.com/KareemCML.
Penn State alumni group raises money for sexual abuse victims
The ongoing sex abuse scandal continues to haunt the Happy Valley. But now a group of dedicated Penn State alumni are looking to make the best of a tragic situation.
The ProudPSUforRAINN campaign is asking fellow alums for a $1 donation to go to RAINN – the Rape, Abuse, and Incest National Network.
Christine Romans talks with Laura Lettow, co-founder of the the group, about the origins of the campaign – and how successful it's been thus far.
Dick Armey on the Tea Party's budget plan to balance budget, curb spending
With just one week to go before they reach their deadline, all eyes in Washington are on the so-called Super Committee – the task force responsible for producing a deficit cutting plan. But this morning, members of the Tea Party are putting forth their own budget proposal. They claim that it balances the budget in four years – without any tax hikes. The plan would cut spending by $9.7 trillion over 10 years.
Christine Romans talks with Dick Armey, chairman of Freedom Works and one of the architects of the plan, to comb the details of the Tea Party's budget proposal.
Pizza is a vegetable? Some in Congress think so
Did you know that pizza is considered a vegetable? Well, some members of Congress think so.
There's a heated debate raging on Capitol Hill over a controversial new bill that would block strict health regulations for school lunches. And if some members of Congress have it there way, pizza and french fries could become staples in your children's cafeterias.
Christine Romans and Carol Costello talk with CNN chief medical correspondent Dr. Sanjay Gupta about how this legislation will impact our kids' health.
NYC Deputy Mayor: If Occupy Wall Street protesters want to peacefully protest, they have the right
It's being called 'a block party the 1% will never forget."
This morning the Occupy Wall Street protest is gathering in Downtown Manhattan to shut down not only the financial district, but also the subways and possibly the Brooklyn Bridge.
Today's so-called "Day of Action" is to mark the movement's two-month anniversary.
This morning on American Morning, Carol Costello talks with Howard Wolfson, New York City's deputy mayor for government affairs and communications. He explains what the city is doing in response to today's protest.
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.
On Twitter
