Cendant Corp. and Orbitz today reached a definitive agreement for Cendant to buy all the shares of Orbitz for $27.50 per share in cash or $1.25 billion.

The revitalized field of contract performance measurement is getting more crowded and perhaps more automated with the entrance late last month of Dublin-based Datalex Inc., which said its Cognizer...

Airfare analyst and FareCompare CEO Rick Seaney on Thursday declared a United Airlines domestic fare increase dead after a "tepid" matching response from competitors forced the carrier to roll back its...

Air France-KLM this week said first-quarter revenues for the period from April to June declined by 20.5 percent to €5.19 billion, compared with the same period last year.

During the past 12 months some of the most trying times the meeting industry ever has experienced the two-pronged assault of an economic recession and terrorism led most corporations to seek savings...

The Coca-Cola Company expects to save as much as $10 million over the next five years in payment and expense management, mainly by quickening payments and enhancing productivity through reduced human...

The CEOs of Continental and United airlines were in Washington Thursday to defend their proposed merger. During a hearing held by the Senate Judiciary Committee's Antitrust, Competition Policy and...

Predictions For An Industry Buffeted By Changes I hate to admit it--but Warren Buffet was right all along. He never invested in the burgeoning "dot-com" companies, because few of the business models

Serial entrepreneur John Pino last month gave up day-to-day responsibilities at StarCite Inc., the meetings technology company he spun out of McGettigan Partners in 1999, grew with venture capital...

American Express Co. last month reported that strong cardholder spending helped boost fourth-quarter income to $925 million, up 23 percent from $751 million a year ago.