VELSHI: Twenty-seven minutes after the hour. "Minding Your Business" this morning. Today is the day investors have been waiting for. All 27 leaders of the EU are meeting in Brussels to come up with a grand plan to save the Euro zone. The big question, how much of the debt burden from faltering countries like Greece and Portugal will be transferred to Europe's largest banks? Details of the plan are expected to be announced this afternoon. We hope. Right now, U.S. stock futures are trading higher ahead of the opening bell. Wall Street was watching that EU summit very closely as well as economic reports on the U.S. housing market and manufacturing to come out later on this morning. Plus, one of the blue chip stocks that could be in your investment portfolio. Ford Motor company just announcing it earned $1.6 billion in the third quarter. That is the ninth straight profitable quarter for the company. Former Goldman Sachs director, Raja Gupta, is expected to turn himself in to the FBI this morning. Sources tell CNN he'll face several charges related to the insider trading trial of hedge Fund founder, Raj Rajaratnam. Samuel Palmisano is the CEO of IBM. He's stepping down at the end of the year. IBM shares have soared 73 percent since Palmisano took office about ten years ago. He'll be replaced by long- time executive, Virginia Rometty. The first woman to take the top spot at the company. Apple's next big product may be a TV that can do pretty much everything. Steve Jobs talked about it. He just realized -- in his just realized authorized biography saying, "I finally cracked it." Right now, apple TV is just a web streaming device, not a stand-alone television. And still ahead, Vice President Joe Biden is not happy after that confrontation with a reporter got ugly last week and then went viral. New developments up next. AMERICAN MORNING is back after the break.
IBM Hires First Female CEO