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China has just joined an exclusive global club with the launch of its first aircraft carrier. David Greene talks to naval historian and defense analyst Paul Beaver about the new Chinese aircraft carrier that has just entered service in China's navy.

In 2011, Chrysler recovered from bankruptcy by redefining itself as a better, more luxurious car company and paying off nearly $8 billion in bailout loans. To top it all off, Chrysler sales are up 25 percent this year, about twice the industry average.

Long a staple of Western wear, the bolo tie is getting the museum treatment in Phoenix. The Heard Museum celebrates the tie's history and artistry in a new exhibit where simple designs are displayed alongside more traditional works of art in the high-ceilinged gallery.

The Supreme Court will take up the issue of racial preferences in college admissions next fall, and some fear the decision will leave universities with fewer options for increasing diversity on campus. Others say affirmative action is a crutch that is long past due for replacement.

Kinsey Wilson, an NPR senior vice president and general manager of NPR Digital Media, is becoming executive vice president and chief content officer. Margaret Low Smith, who has been acting senior vice president for news, is continuing in that role.

There was a political scramble in Maine after Tuesday's surprise retirement announcement from Olympia Snowe, one of the state's two Republican senators.

Sock monkeys, the red-mouthed, yarn-topped toys with a wide smile, were born during the Great Depression and handcrafted for the working class. Devotees of the little critters are still cherishing them at the annual festival dedicated to the Sock Monkey in Rockford, Ill.

Herman Cain is near the top of a new national poll, despite battling allegations of sexual harassment from a dozen years ago. So what do his likely fans at the Americans for Prosperity Foundation conference think of Cain and charges against him? NPR's Andrea Seabrook was there and talked to some of them.

Big banks announced around 60,000 job cuts in 2011. With businesses and consumers still focused on reducing debt, there isn't the same need for financial services as there was before, says one banking analyst. The outlook in the years ahead is for a smaller, more stable and less profitable industry.

By Alan Lytlehttp://stream.publicbroadcasting.net/production/mp3/wuky/local-wuky-968489.mp3Lexington, KY – The two Republicans vying for Secretary of…