The Ticker

Judge stalls ruling on airline bankruptcy

Lawyers for American Airlines pressed a judge yesterday to approve the company's plan to merge with US Airways and exit bankruptcy protection, but the judge delayed a ruling because of the federal government's lawsuit against the merger.

The U.S. Justice Department Tuesday filed a lawsuit against the merger, which it said would hurt competition and increase prices for consumers by leaving four airlines controlling more than 80 percent of the U.S. air-travel market.

Judge Sean Lane delayed a decision on the plan until at least Aug. 29.

Facebook tests mobile payment app

Facebook plans to test a mobile payment service that lets users make purchases inside mobile applications using payment information they have added to their account on the social network.

Facebook Inc. said yesterday that it is working on a "very small test" and the company said there is no set schedule for making the service available to users. The service would use payment information that shoppers store on Facebook to automatically complete checkout forms of certain mobile apps. Then the app would process the purchase.

Ford to cut hybrid mileage estimates

The U.S. government may change the rules for the gas mileage estimates that car buyers see on window stickers after finding that fuel economy figures for Ford's C-Max gas-electric hybrid were inflated.

The Environmental Protection Agency, which monitors mileage testing, said yesterday that it will cut the C-Max's combined city-highway mileage estimate by nearly 9 percent to 43 mpg, from 47. Ford Motor Co. will change its window stickers to reflect the correct estimate and said that it will compensate drivers for the difference.

C-Max buyers will get a $550 check, while those who leased will receive $325.

THE OUTLOOK

• Commerce Department releases housing starts for July.
• Labor Department releases second-quarter productivity data.

THE SHUFFLE

• J Barrett & Co. is announcing that Kate Chapman has joined the agency in its Beverly Cummings Center office. Chapman, who served in the military as a medic in Iraq and in personal security with a private firm, also has a strong background in finance and sales.
• Nixon Peabody LLP has hired Richard J. McCarthy as its new chief financial officer. McCarthy oversees the global firm's financial operations including legal project management, accounting, tax, financial planning, compliance and risk management.

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