American Morning
Herman Cain weighs dropping out of GOP race – Will Cain and Hilary Rosen on where Cain goes from here
The Herman Cain campaign could be on the wane.
The Georgia businessman is expected to discuss the future of his candidacy with his wife back home in Atlanta today. Cain says that he will make a decision before Monday.
Alina Cho talks with CNN contributors Will Cain and Hilary Rosen to get their thoughts on how Cain should proceed.
Minding your mobile manners in the workplace – Anna Post on new Intel survey
Between sending texts, tweeting, and checking email, it's no secret that Americans are glued to their smart phones. This addiction to mobile phones carries over into the workplace – and some companies are saying that it's a problem.
According to the 2011 Intel State of Mobile Etiquette in the Workplace Survey, 85% of HR managers say it is important that companies establish guidelines so employees know the appropriate ways to use their mobile devices.
Christine Romans sits down with etiquette expert Anna Post, spokesperson for the Emily Post institute, to discuss how people can mind their mobile manners at work.
AM Minding Your Business for Dec. 2, 2011
Today on American Morning, Christine Romans reports on the morning business news headlines.
This morning, we're watching:
* The all-important November jobs report comes out this morning at 8:30am ET. Economists are forecasting that about 110,000 jobs were added to the economy last month. The unemployment rate is expected to remain at that stubbornly high 9 %.
* U.S. stock futures are right now trading higher after a minor pull back yesterday. The Dow and broader S&P 500 closed down slightly. The Nasdaq was up.
* There's potential relief on the way for homeowners facing foreclosure. Mortgage giants Fannie Mae and Freddie Mac are putting foreclosures on hold during the holidays. We should note this only applies to mortgages held or controlled by Fannie and Freddie.
A number of banks have also said they would suspend evictions during the holidays.
* General Motors announcing it will buy back a Chevy Volt from any driver concerned about his or her safety. The move follows a federal investigation into possible post-crash fires started by the Volt's battery. GM also conceding it won't sell the 10,000 Volts it hoped to sell in 2011.
* The auto industry posting its best month for sales since the cash for clunker's program in 2009. And those gains were led by U.S. carmakers. Chrysler is reporting its sales soared 45% from a year ago. GM reporting sales up nearly 7% from a year earlier, while Ford was up 13%.
* If you've used Ticketmaster in the past 12 years, you could be getting some money back! According to the Business Insider, a proposed class action settlement asks tthe ticket website to refund the $1.50 it charged for every ticket purchased between October 1999 to October of this year. It's all because customers caught on to the fact Ticketmaster was profiting from the processing fees.
Tune in to American Morning at 6am Eastern every day for the latest in business news.
Central bankers move to prop up global financial system – what does it mean for your investments?
The Federal Reserve, along with five other central banks, acted Wednesday to make it cheaper for banks around the world to borrow U.S. dollars.
The move is designed to lower the cost of short-term borrowing for troubled European banks, thereby helping the global economy to avoid a credit crunch. The news sent stocks soaring Wednesday, with all three major stock indexes closing the day up more than 4%. The Dow's 489-point gain was the largest of 2011 and the best percentage gain since March 2009.
Christine Romans sits down with Matt McCall, president of Penn Financial Group, to discuss what this news means for your investments.
McGurk on Camp Victory handover: Iraq 'is as ready as it's going to be'
Vice President Joe Biden paid tribute to the sacrifices of U.S. and Iraqi troops Thursday at a ceremony for service members from both nations. He and Iraqi Prime Minister Nouri al-Maliki addressed about 120 U.S. service members and 100 Iraqi troops gathered at al-Faw Palace in Bagdhad. Biden thanked the troops and recognized their achievements over the past eight-and-a-half years.
The ceremony comes just weeks before American troops complete their withdrawal from Iraq. Some have questioned whether the Iraqi government has the ability to secure the country on its own. But as former national security staffer Brett McGurk tells Christine Romans, Iraq is "as ready as it's going to be."
Ken Blackwell on why Herman Cain 'should be humble, state his case and exit the stage'
Herman Cain's campaign could soon be nearing an end. The GOP presidential candidate continues to dogged by allegations of sexual harassment. Cain says that he'll decide whether to drop out of the race in the next several days.
Today on American Morning, Ken Blackwell, Executive Vice President of the National Federation of Republican Assemblies and friend of Herman Cain, explains to Carol Costello why Cain needs to exit the race now.
About this Show
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