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FBN’s Adam Shapiro on informal discussions between US Airways and AMR creditors over a potential merger.
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I'm Adam -- -- -- Fox Business -- Wall Street off session lows at the closing bell.
Minutes from the Federal Reserve's last meeting dragged the market's deep into negative territory.
Members of the Fed's open market committee you're worried that hiring may slow down if economic growth does not improve.
US Airways is holding informal discussions with the credit advisors and American Airlines parent company AMR regarding a possible merger.
According to the Wall Street Journal.
The combined airline could lose revenue roughly one billion dollars.
And the Federal Reserve says Morgan Stanley will review foreclosures carried out by its old mortgage subsidiary and reimburse any homeowners.
Who were improperly forced out of their houses the Fed says it has settled with -- Morgan Stanley to address negligence at its former mortgage loan unit Saxon mortgage services.
That's the latest from the Fox Business Network giving you the power to --
