US Regulators Approve Creation of World's Biggest Airline

U.S. corporate regulators have approved the creation of the world's largest airline -- a merger of two U.S. carriers, American Airlines and US Airways. Antitrust regulators at the U.S. Justice Department had filed suit in August to block the $16 billion merger, claiming it would limit competition in the U.S. air industry and lead to higher fares for travelers. But with the case set to go to trial later this month, the government reached a deal Tuesday with the airlines. They agreed...

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