AMR-US Air Merger Is `Pro-Competitive': Crandall

Aug. 23 (Bloomberg) -- The airline industry faces turbulence after the Justice Department's decision to block the merger of American & US Airways. On Bloomberg Government's "Capitol Gains" airing Sunday, former American Chairman & CEO Robert Crandall tells host Peter Cook the DOJ lawsuit was a "mistake." Crandall makes the case for the merger and predicts the airlines can win in court. (Source: Bloomberg)
Relations Between Obama and Putin are Pragmatic: Lavrov
12:22 - Relations between Russian President Vladimir Putin and his U.S. counterpart Barack Obama are very pragmatic and there’s a “need for normalcy” between the two countries, Foreign Minister Sergei Lavrov told Bloomberg TV. However, he also said the U.S.’s “obsession” with Assad’s personality isn’t helping in the fight against the threat posed by Islamic State.
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