Planet Money
12:00 pm
Tue November 29, 2011

Why Do Airlines Keep Going Bankrupt?

Severin Borenstein

American Airlines is filing for bankruptcy protection. The airline is the last of the so-called legacy carriers, airlines that flew interstate routes before de-regulation of the industry, to reach this step. Delta, Northwest, United and US Airways all went through bankruptcy proceedings in the last 10 years.

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The Two-Way
11:59 am
Tue November 29, 2011

Facebook Settles With FTC On Charges It Deceived Users On Privacy

Facebook CEO Mark Zuckerberg talks about history of Facebook during the f/8 conference in San Francisco.
Paul Sakuma AP

The Federal Trade Commission said today that it come to a settlement with Facebook over charges that the social network had deceived consumers about their privacy.

The FTC claims that Facebook "deceived consumers by telling them they could keep their information on Facebook private, and then repeatedly allowing it to be shared and made public."

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The Two-Way
11:54 am
Tue November 29, 2011

Michael Jackson's Doctor Gets 4-Year Sentence

The doctor found guilty of involuntary manslaughter in the 2009 death of pop star Michael Jackson was just sentenced to four years in prison.

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The Two-Way
11:05 am
Tue November 29, 2011

Reports: Herman Cain 'Reassessing' Campaign

Republican presidential candidate Herman Cain.
Scott Olson Getty Images
(New material based on NPR reporting added to the top of this post at 12:30 p.m. ET.)

Republican presidential candidate Herman Cain is reassessing his campaign but still plans to move ahead at this time, his Iowa campaign director tells The Associated Press and NPR.

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Rebuilding Iraq: What's Next?
10:38 am
Tue November 29, 2011

After U.S. Troops Leave, What Happens To Iraq?

Tim Arango is The New York Times' Baghdad bureau chief. He has also written for Fortune Magazine and The New York Post.
New York Times

In October, President Obama announced that most U.S. troops would be out of Iraq by the end of 2011, after negotiations with Iraqi leaders failed to extend the troops' presence. Only Marine embassy guards and liaison troops will stay behind in the country, where more than a million troops, in total, have served over the past eight years.

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The Two-Way
10:27 am
Tue November 29, 2011

VIDEO: Brawling Senior Citizens, Kapp And Mosca, At Football Reunion

Joe Kapp, left, and Angelo Mosca during their brawl in Vancouver.
YouTube

Five days later, video of two 70-plus year old guys trading blows on stage during a Canadian Football League alumni luncheon in Vancouver is still getting clicks and still drawing lots of attention from the cable news networks, blogs and websites.

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Education
9:59 am
Tue November 29, 2011

In Texas, Keeping Kids In School And Out Of Court

Seventy students a day are sent to the Waco Alternative School Campus, after being "ticketed" for bad behavior in municipal court.
Marisa PeƱaloza NPR

Originally published on Wed November 30, 2011 5:49 pm

The sort of offenses that might land a student in the principal's office in other states often send kids in Texas to court with misdemeanor charges. Some schools have started rethinking the way they punish students for bad behavior after watching many of them drop out or land in prison because of tough disciplinary policies.

In a downtown Houston municipal court, Judge David Fraga has presided over thousands of cases involving students "ticketed" by school police. His docket is still relatively small at the moment, with only 45 to 65 cases per night.

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The Two-Way
9:20 am
Tue November 29, 2011

Consumer Confidence Bounces Higher

Though "overall readings remain historically weak," consumer confidence went up sharply this month, the private research group known as The Conference Board just reported.

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The Two-Way
8:17 am
Tue November 29, 2011

Home Prices 'Drifted Lower' In Recent Months

One reason prices have been falling: A glut of foreclosed homes.
Joe Raedle Getty Images

Home prices across the U.S. are still only "back to their first quarter of 2003 levels" and "drifted lower in September and the third quarter," according to the widely watched S&P/Case-Shiller Home Price Indices, which were just released.

As The Associated Press says, the news is "the latest evidence that the troubled housing market won't recover any time soon."

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The Two-Way
8:02 am
Tue November 29, 2011

Norway's Mass Murderer Declared Insane, May Not Go To Prison

Anders Behring Breivik in 2009.
Norwegian police AFP/Getty Images

Originally published on Tue November 29, 2011 8:03 am

Anders Behring Breivik had been delusional for a long time and was insane on July 22 when he killed 77 people during two horrific attacks in Norway, two psychiatrists reported today. He should be put in a psychiatric ward, not a prison, they conclude.

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