Nacho Doce / Reuters
British Airways and Iberia passenger jets taxi to positions at the Barajas airport in Madrid, November 12, 2009. Spanish airline Iberia's board has approved a merger with British Airways, El Pais reported on its website on Thursday. Iberia chairman Antonio Vazquez will be chairman of the new company, whose headquarters will be in London, the newspaper said.

British Airways and Iberia Merge, But Can They Lift Off?

The struggling British and Spanish carriers have joined forces to create Europe's third-largest airline. They still have a lot of obstacles to overcome before becoming profitable

Blogs

Nerd World

Appease Your Star Trek Relaunch Rage

'm here to inform you that J.J. Abrams' Star Trek will be available on DVD and Blu-ray next Tuesday. It's probably already on your calendar, so consider this a friendly reminder.

The Detroit Blog

Hustling Backwards

We've got legislators who want to balance the state budget on the backs of the poorest and most vulnerable in Michigan, but we don't think that maybe we could scrape together a few more pennies for the collective piggy bank?

The Curious Capitalist

The Small-Business Recession Isn't Over Yet

Small businesses didn't lay off as large a share of their workforce as big businesses did at the beginning of the year, so they're not seeing as big a profit rebound now.

It's Your Money

Debit Card Overdraft Reform Gets the O.K.

Credit card reform gives consumers better notice — prompting the necessity to actually read letters from your credit card company. It has not given us better rates.

Personal Finance

Planning for Retirement

To battle the uncertainty, check out our five-part series on how to plan for retirement now.

Special Report

The 50 Best Inventions of 2009

From a rocket of the future to a $10 million lightbulb, here are TIME's picks for the best new gadgets and breakthrough ideas of the year

Special Report

Tech Buyer's Guide 2009

From the new BlackBerry Bold 9700 to monitor-friendly optical lenses, here are 20 new techie gadgets not to be missed

Money & Main St.

Downsizing: Why Today's Homebuyers Are Thinking Small

The housing bust hasn't just brought down prices. Size is shrinking, too, as Gen Y homebuyers now call the tune

Quotes of the Day »

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SARAH PALIN, in an interview with Oprah that will air Monday, on whether her almost son-in-law Levi Johnston will be coming to Thanksgiving dinner
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