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Business Minute: Apple & China, Cheaper Gas & Stocks Rise

Apple reaches a deal with China and gas prices fall while stocks rise. Time for your Business Minute.
APPLE & CHINA

Apple has signed a long-anticipated deal with China mobile to sell iPhones on the world's biggest mobile phone network. iPhones will be available to China mobile customers starting January 17, although the company will begin taking orders on Wednesday.

The deal gives Apple the ability to compete for China mobile's 750-million customers.

CHEAPER GAS FOR CHRISTMAS

AAA says a record number of Americans - 86-million - are traveling by car over the holidays, and the Lundberg survey says they are paying a little less for gas.
 
The national average for regular is down 2-cents in the past two weeks to $3.26 a gallon.

WALL STREET

The Dow gained 73 points Monday.
The S&P gained 10 points.
The Nasdaq jumped 44 points.

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