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TODAYS TOP STORIES
AP Sources: American Airlines, US Airways to merge
By DAVID KOENIG
AP Airlines Writer
DALLAS (AP) -- American Airlines and US Airways will merge and create the world's biggest airline. The boards of both companies approved the merger late Wednesday, according to three people close to the situation.
The carrier keeps the American Airlines name but will be run by US Airways CEO Doug Parker. American's CEO, Tom Horton, will become chairman of the new company, these people said. They requested anonymity because the merger negotiations were private.
A formal announcement is expected Thursday morning.
The deal has been in the works since August, when creditors forced American to consider a merger rather than remain independent. American has been restructuring under bankruptcy protection since late 2011.
Together, American and US Airways will be slightly bigger than United Airlines.
Copyright 2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Posted: Wednesday, February 13 2013, 08:55 PM CST
IN OKLAHOMA NEWS
Tornado watch issued for western, central Oklahoma
May 18, 2013 22:57 GMT
OKLAHOMA CITY (AP) -- A tornado watch is in effect for western and central Oklahoma.
The weather system brought severe thunderstorms to the Altus and Clinton areas, as well as Harper County late Saturday afternoon. There were no reports of rotation as evening approached but the tornado watch lasts until 11 p.m. Saturday.
The dangerous weather is forecast to continue into Sunday night as the system progresses to the east.
The tornado watch area Saturday stretched from eastern edge of the Panhandle to include the Oklahoma City area.
Forecasters warn that the system could also bring large hail.
The National Weather Service in Norman reports tennis ball-size hail along U.S. 62 near the border of Harmon and Jackson counties in the state's far southwest.
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OKLAHOMA WEATHER
67°
From the FOX 25 First Forecast Center..
Tornado watch for western and central OK until 11 pm Saturday night. Severe t'storms may also produce large hail and damaging winds. ...
Business News
Gauge of US economy's future health up in April
WASHINGTON (AP) -- A measure of the U.S. economy's future health rose in solidly in April, buoyed by a sharp rise in applications to build new homes and apartments.
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BC-US--Dow Record-Three Personal Stories, 1st Ld-Writethru,1173
Dow Record: Three tales of ups, downs and changes
AP Photo FX102, FX103
Eds: With BC-US--Dow Record. Adds photos.
By SCOTT MAYEROWITZ
AP Business Writer
NEW YORK (AP) -- When the Dow first crossed 14,000, investors were overjoyed. ...
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IN THE NEWS: LABOR GROUP SAYS CONDITIONS AT APPLE PLANTS IMPROVING
WASHINGTON (AP) -- A labor group Apple joined to assess working conditions at three manufacturing plants in China, where its products are made, says conditions are getting better.
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ON THIN ICE?
ANCHORAGE, Alaska (AP) -- He was already on thin ice with the law when he failed to meet the conditions of his probation.
IE6 Float Fix
