Southwest Buys AirTran as Airline Consolidation Continues

Southwest Airlines, one of the earliest discount airlines, will buy rival AirTran — another sign of consolidation in an industry that has witnessed the mergers of Northwest with Delta and United with Continental over the last …

Sinochem Closer to Bidding Against BHP Billiton for Potash

The FTC has cleared a BHP Billiton bid for Potash Corp., but that hardly matters. Authorities in the fertilizer company’s home country of Canada may not approve the transaction. And it looks like BHP won’t be the only bidder. T…