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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

The parent company of one of the nation's largest airlines filed for Chapter 11 bankruptcy protection Tuesday morning. AMR Corporation, which runs American Airlines and American Eagle, said that bankruptcy is in the best interest of the companies and its stakeholders. The companies say the Chapter 11 process will enable them to continue conducting normal business operations while they restructure their debts.

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

American Airlines Files For Chapter 11 Bankruptcy Protection

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

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

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

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

Joe Kapp and Angelo Mosca are former Canadian Football League stars from the 1960s. Last week, the septuagenarians were honored at a lunch. Kapp offered a flower as a peace gesture. But Mosca rejected it and lashed out with his cane. Kapp advanced with his fists, and the ensuing fight was caught on videotape.

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

A federal judge has nixed a $285 million settlement between Citigroup and the Securities and Exchange Commission. He said the deal was "neither fair, nor adequate nor in the public interest." The settlement dealt with Citigroup's handling of subprime mortgage debt prior to the financial crisis.

Around the Nation
3:00 am
Tue November 29, 2011

Demand For Denver Apartments Outstrips Supply

The housing crisis has stalled home building but apartment construction is undergoing a bit of a renaissance. There's now a huge pool of people forced to rent because they can't afford to buy a home, or they were a victim of foreclosure. In Denver, there aren't enough apartment vacancies.

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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