1.
U.S. markets recover from steep losses
CHICAGO, April 22 (UPI) -- United and Continental airlines were closing in on a merger deal Thursday that would create the largest airline in the world with headquarters in Chicago.
The new company would claim a total market value of more than $6 billion, Bloomberg News reported Thursday.
Continental head Jeff Smisek would lead the company as chief executive officer, and United boss Glenn Tilton would be a non-executive chairman, the Chicago Tribune reported.
Earlier Thursday, US Airways withdrew its bid for United Airlines when it learned United was in talks with Continental.
|
|
|
|
|
|
| Additional Business News Stories | |
JAKARTA, May 24 (UPI) --
Indonesia needs to address loopholes in its moratorium on deforestation, Greenpeace said.
|
LISLE, Ill., May 24 (UPI) --
A new special operations tactical vehicle has been unveiled by three U.S. companies.
|
First-time buyers are driving the expectations that a recovery has begun. Their numbers and market share are growing despite financing roadblocks and competition with investors for entry-level homes. ...
|
It is a whole new ball of wax in Europe these days.
|
| Stories | Photos | People | Comments |
View Caption
