Allergan, Pfizer Call Off Proposed $160B MergerThe biggest U.S.-based drugmaker, Pfizer Inc., will stay put thanks to aggressive new Treasury Department rules that succeeded in blocking Pfizer from acquiring rival Allergan and moving to Ireland — on paper — to reduce its tax bill.
Proposed Orbitz, Expedia Merger Has Hotel Industry FumingThe hotel industry is objecting to the proposed merger between online travel booking sites Expedia and Orbitz.
AT&T Says DIRECTV Deal Could Slow Price HikesAT&T's CEO told Congress Tuesday that his company's purchase of DIRECTV will help slow increases in programming prices, but won't lead to a decrease in prices.
American Airlines & Machinists Reach DealAmerican Airlines has negotiated tentative labor contracts covering more than 11,000 mechanics and other employees at US Airways. The deals are subject to an employee vote.
AirTran's Final Flight Scheduled For December Another name in aviation history will disappear after the final flight of AirTran Airways, which is scheduled for December 28. Dallas-based Southwest Airlines bought AirTran in 2011 and announced plans to combine the fleets under the Southwest brand.
AT&T Buys DirecTV in $49 Billion DealDallas-based AT&T says it is buying El Segundo, Calif.-based DirecTV for $95 per share, or $49 billion.
Cable Company Merger Worries ConsumersComcast and Time Warner Cable regularly rank at the bottom of the industry when it comes to customer satisfaction, so consumers are naturally worried about their merger.
American Airlines Posts $2 Billion LossAmerican Airlines is reporting a $2 billion loss for the fourth quarter because of charges mostly related to its bankruptcy reorganization and merger with US Airways.
Sabre To Develop New AA Reservation SystemAmerican Airlines has announced that it will use travel-technology company Sabre to develop a single reservations system under the carrier's merger with US Airways.
Merged Airline Crews See 2015 ContractUnions for flight attendants at American Airlines and US Airways said that they have a deal which could result in both groups being governed by a single labor contract.
US Airways Moving Pittsburgh Operations To DFWUS Airways will move its Pittsburgh based operations center to North Texas.
American Airlines & US Airways To Cross-SellAmerican Airlines and US Airways next week will begin selling tickets on each other's flights in a move toward combining fleets after their 2013 merger.