American Airlines is selling investment-grade debt even as it spends a 15th month in bankruptcy while bond buyers look ahead to the merger with US Airways Group Inc. that will create the world’s largest carrier.
Doug Parker was snubbed three times as a merger partner in deal-making that produced the world’s biggest airlines. Taking over AMR Corp. may be his last chance to break into the top tier of U.S. carriers.
Aflac Inc . insurance, Rambus Inc . memory-chip interfaces and Coach Inc . leather handbags are among the products from U.S. companies at risk for lost sales in Japan after the country’s worst earthquake ever.