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.
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.
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.
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.
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."