The Two-Way
7:25 am
Wed November 30, 2011

Central Banks Join To Battle Credit Crisis, Stocks Surge

The Federal Reserve and five of the world's other major central banks just announced "coordinated actions ... to ease strains in financial markets" and make more credit available to consumers and businesses by pumping money into the global financial system.

In a statement released at 8 a.m. ET, the Fed says:

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The Two-Way
6:45 am
Wed November 30, 2011

In U.K.: Public Servants Staging Biggest Strike In A Generation

Workers picketed outside the Bournbrook Ambulance Station in Birmingham earlier today (Nov. 30, 2011).
Paul Ellis AFP/Getty Images

"A huge spectrum" of government workers in the United Kingdom are striking today to show their anger over austerity plans.

As NPR's Philip Reeves told Morning Edition host Steve Inskeep earlier, "teachers, lecturers, immigration staff, tax officials, ambulance crews, midwifes, road sweepers, weather forecasters, librarians and many more" are planning to take part in what's being called Britain's biggest general strike in a generation.

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Strange News
6:23 am
Wed November 30, 2011

Study: Chewing Gum Boosts Brain Power

Researchers at St Lawrence University found a distinct "gum advantage" in tests taken by "chewing" and "non-chewing" students. The effect lasted 20 minutes. It seems chewing wakes people up.

Business
6:15 am
Wed November 30, 2011

Elvis Costello Thinks His New Box Set Is Overpriced

Elvis Costello's box set includes three CD's, a vinyl record and a coffee table book. To get all this, however, you are asked to pay $225. Costello seems to be shocked. On a website, he declares, "we are unable to recommend this lovely item as the price appears to be either a misprint or a satire."

The Two-Way
6:15 am
Wed November 30, 2011

Police Clear Occupy Camps In Los Angeles And Philadelphia

An Occupy protester is arrested early today in Los Angeles as authorities cleared the site near city hall that had been occupied for two months.
Lucy Nicholson AFP/Getty Images

Originally published on Wed November 30, 2011 12:12 pm

The Occupy L.A. campsite near Los Angeles' city hall is "in shambles" this morning after police moved in to clear out protesters who had been ordered to leave, the Los Angeles Times writes. Tents have been "uprooted and strewn all over," the newspaper says.

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Around the Nation
4:19 am
Wed November 30, 2011

Hundreds Of LA Police Takeover Occupy Camp

Police in LA moved in overnight at the camp of Occupy protesters. The raid began two days after protesters were told to leave. Police took also took similar action in Philadelphia.

Law
3:00 am
Wed November 30, 2011

Dr. Conrad Murray Sentenced In King Of Pop's Death

Michael Jackson's personal physician has been sentenced to four years in prison for his role in the pop icon's death in 2009. Because of overcrowding in California's state prisons, Murray will serve his sentence in a downtown jail.

Business
3:00 am
Wed November 30, 2011

Fair Trade Labeling Dispute

The fair-trade movement, which pays premiums to farmers in developing countries for meeting social and environmental standards, is growing quickly, and contentiously. The nation's largest fair-trade certifying agency has split from its international partner, hoping to expand the program to plantation-grown coffee. Some coffee sellers say the agency is just lowering standards to benefit corporate coffee companies, and consumers will be left confused.

NPR Story
3:00 am
Wed November 30, 2011

Workers Likely To Lose Out In AMR Bankruptcy

Originally published on Wed November 30, 2011 11:07 am

Transcript

STEVE INSKEEP, HOST:

And let's follow-up now on yesterday's news that American Airlines filed for Chapter 11 bankruptcy protection. It's part of an effort to cut debt and reduce labor costs. NPR's Sonari Glinton reports on what a post-bankruptcy American Airlines might look like.

SONARI GLINTON, BYLINE: During the economic downturn, American Airlines already pared down its work force. Analysts don't think there will be massive layoffs this time.

AARON GELLMAN: Many elements of labor are going to pay a terrible price for this.

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NPR Story
3:00 am
Wed November 30, 2011

British Panel Told Phone-Hacking Was Necessary

Originally published on Wed November 30, 2011 11:07 am

Transcript

STEVE INSKEEP, HOST:

The British government continues investigating the phone-hacking scandal at newspapers owned by Rupert Murdoch. More than a dozen journalists and editors have been arrested, top police and media executives have lost their jobs and an official ethics investigation may challenge the whole idea that the British press can regulate itself. And then, a former features editor for one of Murdoch's papers stole the show at a government hearing yesterday.

Here's NPR media correspondent David Folkenflik.

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