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BY ERIK SHUTE
This is Newsy Now and here are the headlines you need to know.
The parent company of American Airlines files for Chapter 11 bankruptcy. CNBC explains the company is reorganizing, but flights are not grounded yet.
"They say that for anybody who is traveling on American, maybe you're traveling on business, they say that they're going to continue to fly normal schedules."
"They're the only major airline that lost money this year. So from their perspective, you're gonna do it, do it now. Why wait any longer?"
Still developing, Iranian protesters have stormed the British embassy in the country’s capital. Fox News has the latest.
"There are reports of dozens of Iranian protesters just stormed the British embassy in Tehran, and then removed and burned a British flag. They were shouting 'Down with Britain, down with America, down with Israel.' Iran's parliament just approved a plan to downgrade ties with Britain, while protesters want to cut all ties to the American ally."
After a psychiatric evaluation, doctors find confessed mass killer Anders Breivik was insane when he killed 77 people in rampage in Norway.
The Wall Street Journal reports experts conducted 13 interviews with Breivik totaling 36 hours of evaluation.
They came to a unanimous decision the Norwegian native developed a paranoid schizophrenia. More importantly, state prosecutor Svein Holden explained Breivik will face court or be sentenced to prison because of the condition.
New developments in the Syracuse sex abuse scandal, lead to a third victim coming out against former basketball coach Bernie Fine. ESPN has the video.
"Allegations of sexual abuse by a third man provided authorities with the basis for a search of Fine's home on Friday. That accuser, Zach Tomaselli, faces sexual assault charges himself in Maine. He says Fine took him to a road game and molested him."
In politics, Herman Cain’s new accuser Ginger White says she has evidence of a long-term extramarital affair with the GOP presidential candidate. But the former Godfather’s Pizza CEO’s camp says this won’t derail the “Cain Train”. Here’s MSNBC.
WHITE: "I was aware that he was married and I was also aware that I was involved in a very inappropriate situation ... relationship."
ANCHOR: "Well, White produced records of 61 phone calls and texts over four months to Cain's private cell phone. When the station texted Cain from the number, they say he returned the call."
Stay with Newsy for more analysis on news throughout the day. For Newsy Now, I’m Megan Murphy -- highlighting the top headlines making you smarter, faster.