American-US Airways Merger Grounded

August 25 (Bloomberg) -- The airline industry faces turbulence after the Justice Department's decision to block the merger of American & US Airways. On "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. As the Federal Reserve faces critical policy decisions, President Obama faces his own decision on a chairman to replace Ben Bernanke. Bloomberg News reporters Hans Nichols and Craig Torres handicap the contenders and the president's likely pick. As America's wars wind down, the Pentagon is scaling back its purchases of heavy armor. Foreign sales could soften the blow. Bloomberg Government defense analysts Kevin Brancato and Duncan Amos break down which foreign countries could be the biggest buyers. (Source: Bloomberg)

Full Show: Bloomberg Businessweek (03/24)
10:09 - Bloomberg Television takes you behind the scenes of our award-winning magazine "Bloomberg Businessweek." Hosts Carol Massar and Oliver Renick talk with the writers who break news on a weekly basis. (Source: Bloomberg)
  • S&P 500 Winners and Losers for 03/24
  • Full Show: Best of Bloomberg Markets Middle East (03/24)
  • How to Trade the Health Care Select Sector SPDR Fund