- Officials in Three States Fight Suit Against American Airlines-US Airways Merger Reuters
Officials in three states are pushing back against the U.S. government's attempt to block the proposed merger of American Airlines and US Airways, saying the combined company would benefit their local economies.
- HP's Third-Quarter Revenue Slides 8% in Tough PC, IT Market Reuters
Hewlett-Packard Co posted an 8% slide in quarterly revenue as PC sales continued to slide and its enterprise computing business grappled with tepid worldwide IT spending. Shares fell in after-hours trading.
- Wall Street Closes Down in Choppy Trading; Dow Below 15,000 Reuters
Stocks ended lower on Wednesday after minutes from the U.S. Federal Reserve's July policy-setting meeting offered few clues on a time frame for a reduction in its bond-buying program.
One of the most ominous market indicators has reared its ugly head this summer, flashing warning signs about the health of the U.S. stock market.