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.

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

Today we're watching:

* The cue today, again, comes from Europe. Right now U.S. stock futures are trading slightly lower. Overseas, markets in Europe and Asia are also down.
* The sell-off coming as the Greek Prime Minister announces he'll step down if it means getting Europe's international bailout approved.
* Investor focus is also shifting to Italy and whether it will be a domino to fall in Europe's crisis, where the political future of Prime Minister Silvio Berlusconi hangs in the balance ahead of a key parliamentary vote.
* It's estimated thousands of Americans pulled their money from the nation's biggest banks over the weekend as part of "bank transfer day." The grass-roots movement really caught fire after Bank of America announced its new debit card fee – a fee they eventually scrapped under pressure from customers.
* There's no need to wait until Black Friday if you're in the market for a new television. Retailers have already started slashing the prices for big screen tvs by as much as 40%.
* The wealth gap between young and old is wider than ever. According to new Census data, households headed by a person 65 years or older have a net worth 47 times greater than a household headed by someone who's 35 years old or younger. That's because younger Americans are taking on more debt in order to go back to school.

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

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

Today we're watching:

* As of this writing, U.S. futures are trading slightly lower ahead of the opening bell. The U.S. markets saw solid gains yesterday after Greece decided to scrap the vote on a critical bailout fund.
* Groupon is upping the price for its IPO. How much? 20 dollars per share, valuing the online coupon company at $13 billion.
* The FTC is settling it's two-year-old case against the makers of "Hoodia" weight loss products, costing two companies $27 million dollars.
* If you're fed up with fees, you can vent your frustration tomorrow. It's being called 'bank transfer day.' A Facebook group encouraging people to ditch the big banks. A new survey says more than 650,000 people have switched to credit unions since Bank of America announced its new debit card fee.
* Thanksgiving is just around the corner. And a trade group says it's looking like there are going to be 37,000 fewer fliers per day around the holiday this year.

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

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

Today we're watching:

* As of this writing, U.S. stock futures are trading sharply lower ahead of the opening bell. And world markets are down too this morning - all because of Greece, which is topping the agenda at the G20 summit that kicks off today in Cannes, France.
* In the U.S., we'll get a fresh read on the employment situation in this country later this morning. The initial jobless claims report is expected to show that 401,000 unemployment claims were filed for the first time last week. Any time this number comes in above that 400,000, it's not a good sign for the labor market.
* More bank fees. TD Bank showing no signs of fear about a customer rebellion. It's rolling out a brand new $9 fee on savings account transactions. But it only kicks in after six transactions are made during a billing cycle. The bank also plans to hike four other fees that are already in place.
* A big time place for bargains – going broke. All Syms and Filene's Basement department stores will be closed by the end of January.
* A group of lawmakers has a plan on the table to save the cash-strapped U.S. Postal Service. It would cut Saturday service within two years and close a number of post offices, while offering buyouts to 100-thousand employees.

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

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

Today we're watching:

* As of this writing, markets are on track to open sharply higher after European leaders reached an agreement overnight to deal with the region's debt crisis.
* The European debt plan involves three parts, and private investors holding Greek debt will take a 50% loss - which will reduce Greece's debt.
* This morning, we're waiting for the first estimate on how much the economy grew in the third quarter. Economists surveyed by CNNMoney predict a 2.5% growth. We're also waiting for a new read on just how many Americans filed jobless claims for the first time last week.
* For the first time since last year's deadly "Deepwater Horizon" explosion, BP is getting ready to drill for oil again in the Gulf of Mexico. The company says it's been granted a drilling permit by federal officials.
* A new milestone for women in business. With the adds of Virginia Rometty as CEO of IBM and Heather Bresch taking the helm at pharmaceutical company Mylan, there are now a new record number of female CEO's leading Fortune 500 companies. By the end of 2011, there will be a total of 18 women running some of America's largest corporations.

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

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

Today we're watching:

* As of this writing, U.S. stock futures are trading higher. But markets took a hit yesterday, with the Dow dropping 1.7 percent as fears about Europe's debt kicked up towards the end of trading.
* Today, all 27 leaders of the European Union will meet in Brussels to come up with a grand debt plan. Details of the plan are expected to be announced this afternoon
* Former Goldman Sachs director Raja Gupta is expected to turn himself into the FBI this morning. Sources tell CNN he'll face federal charges related to the insider trading trial of hedge fund founder Raj Rajaratnam.
* Amazon shares are taking a beating after it announced third quarter earnings missed estimates.
* What's the 'it' gift this year for Christmas? A tablet computer, a new study shows.
* Apple's next big product may be a television that can do everything.

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