Boards Of US Airways, American Airlines OK MegamergerThe long-awaited merger between American Airlines and US Airways Group has finally been approved by the boards of the two air carriers. The $11 billion all-stock merger deal creates the world’s largest air carrier.
Moody's & Fitch Downgrade MiamiDespite public pronouncements from local officials that the city of Miami is stable, two major bond ratings services have downgraded the city’s ratings which will continue to make investors leery about investing in the city, and could cost the city millions.

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