United, US Airways in Merger Talks

Potentially big news for the struggling airline industry: United and US Airways are discussing a merger that would create the country's second-largest carrier, reports the New York Times. Any potential deal is still weeks away and could face any number of problems, including union opposition. The two companies have come close before only to see the deal collapse. And the Wall Street Journal notes it could be a ploy by United to renew interest in a deal with Continental.
(More US Airways stories.)