The Two-Way
7:30 am
Tue November 29, 2011

Top Stories: American Airlines' Bankruptcy, Facebook's Huge IPO Plan

Good morning.

Things have already been a bit busy, with some breaking news. Here are our early headlines:

-- American Airlines Files For Chapter 11 Bankruptcy Protection.

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The Two-Way
7:10 am
Tue November 29, 2011

British Embassy In Iran Attacked

Protesters described by state media as "students" have broken into the British embassy in Tehran and there are reports of stones and "petrol bombs" being thrown.

This follows the vote by Iran's parliament on Sunday to further reduce ties with the U.K. because of Britain's support for tighter sanctions on Iran due to its suspected pursuit of nuclear weapons.

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Business
6:38 am
Tue November 29, 2011

American Airlines Files For Bankruptcy Protection

Originally published on Tue November 29, 2011 11:16 am

Transcript

STEVE INSKEEP, HOST:

NPR's business news starts with American Airlines filing for bankruptcy.

(SOUNDBITE OF MUSIC)

INSKEEP: Let's find out why the parent company of the giant airline sought Chapter 11 bankruptcy protection today. One of the corporate press releases does not offer too much help - not even using the word bankruptcy. Instead, headlined: American Airlines Begins Legal Process in United States to Improve Competitiveness.

NPR's Chris Arnold is covering this story. Chris, what does that actually mean?

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The Two-Way
6:25 am
Tue November 29, 2011

American Airlines Files For Chapter 11 Bankruptcy Protection

American Airlines jets at Los Angeles International Airport.
Kevork Djansezian Getty Images

Originally published on Tue November 29, 2011 10:39 am

American Airlines, one of the giants of the U.S. airline industry, just announced it is filing for Chapter 11 bankruptcy protection.

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The Two-Way
6:15 am
Tue November 29, 2011

'Massive' Turnout Continues In Egypt On Second Day Of Voting

Votes piled up inside a ballot box at a polling station in Old Cairo earlier today (Nov. 29, 2011).
Peter Macdiarmid Getty Images

Originally published on Tue November 29, 2011 6:18 am

A second day of voting is underway in Egypt's parliamentary elections, with turnout being described as "massive and unexpected" and things moving along peacefully, The Associated Press and NPR's Lourdes Garcia-Navarro report from Cairo.

According to the wire service:

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Sports
6:09 am
Tue November 29, 2011

Former Canadian Football Stars Fight Caught On Tape

Originally published on Tue November 29, 2011 11:16 am

Transcript

STEVE INSKEEP, HOST:

Good morning. I'm Steve Inskeep. It's never too late to settle a score. Joe Kapp and Angelo Mosca are former Canadian Football League stars. They supposedly haven't liked each other since competing in 1963.

Last week, the 73-year-olds were honored at a lunch. Kapp offered a flower as a peace gesture. Mosca rejected it, and lashed out with his cane. Kapp advanced with his fists.

Movies
5:57 am
Tue November 29, 2011

British Film Archive Discovers Lost Disney Short

The short animated film Hungry Hobos created by a young Walt Disney starred a rabbit. It was one of about 26 cartoons featuring Oswald the rabbit. Hungry Hobos screened in 1928 but sat on the shelf for decades. It will be sold at auction.

Law
3:56 am
Tue November 29, 2011

Judge Rejects Citigroup, SEC Settlement

Originally published on Tue November 29, 2011 11:16 am

Transcript

RENEE MONTAGNE, HOST:

In New York, yesterday, a federal judge rejected a settlement of a fraud case involving Citigroup. The Securities and Exchange Commission, which brought charges against the bank, had agreed to the $285 million deal. But Judge Jed Rakoff said he didn't believe the settlement was in the public interest. NPR's Jim Zarroli reports.

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Africa
3:00 am
Tue November 29, 2011

Coptic Christians Fear Islamists Will Sweep Egyptian Election

Originally published on Tue November 29, 2011 11:16 am

Transcript

RENEE MONTAGNE, HOST:

It's MORNING EDITION from NPR News. Good morning. I'm Renee Montagne.

STEVE INSKEEP, HOST:

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Business
3:00 am
Tue November 29, 2011

The Last Word In Business

The long running NBC comedy series The Office is about a group of workers employed by fictitious paper company Dunder Mifflin. The Wall Street Journal reports that an office supply website called Quill.com has struck a licensing agreement with NBC to sell copy paper using the fictitious brand name.

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