Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties

American Airlines and US Airways won't appeal a rejection of their request for more information about the government's antitrust case.

Tagged with: american Airlines merger US Airways

Senate leaders are closing in on an agreement to reopen the government and forestall an economy-rattling default on U.S. obligations. Majority Leader Harry Reid, D-Nev., and GOP leader Mitch McConnell of Kentucky could seal an agreement on Tuesday, just two days before the Treasury Department says it will run out of borrowing capacity.

Tagged with: government shutdown

NEW YORK (AP) — The stock market is surging as Washington moves closer to avoiding a default on the U.S. government's debt. The market is on track for its biggest gain since January.

Tagged with: stock market