CNBC Power Lunch August 13, 2013
Later this hour, but first to sue at the nyse. Yeah, big recovery in the market which well get to in just a second, but were starting with the still developing story. The Justice Department grounding the planned merger between u. S. Airways and amr corp. Investors not happen we either stock, as you can see. U. S. Airways down 7. 5 . Amr is down had 43 to 3. 33. Phil lebeau is live in chicago and this has big ramifications, phil, for the rest of the industry. Reporter huge, sue, and thats why the airline shares have traded lower. The doj says this is about ensuring competition. Just had a Confe...