While Airlines Are Profiting Again, Fliers Are Suffering

Of all the industries that have achieved record profits recently, none have posted more remarkable results than the airline industry. For the first time in a decade, the industry is on a glide path to profitability — but it’s …

Low Retail Property Prices May Mean Trouble for Big Chains

Although retail sales — share prices — have rallied back to 2007 highs, retail real estate prices remain depressed. Investors beware: A deeper look at the reasons behind that split suggest harder times ahead for major, public…

Amazon to Buy European Movie-Rental Service Lovefilm

Amazon.com on Thursday announced it is buying Lovefilm, a European home-video distributor that some have called the Netflix of Europe. The deal will give the world’s largest online retailer a stronger foothold in digital-video …

Wendy’s/Arby’s Group Considers Spinning Off Arby’s

Wendy’s/Arby’s Group, the third-largest U.S. fast food company, said Thursday it is considering selling the Arby’s chain to focus on the Wendy’s brand. Arby’s is the second-largest quick-service sandwich chain in the U.S., but …

Will Google’s ITA Merger Fly with U.S. Regulators?

The clock is ticking for U.S. regulators to decide whether to sue Google to prevent its announced $700 million merger with ITA Software, the maker of the largest airfare-pricing platform. Google last month invoked a legal provi…