Here are the headlines from Wednesday's Bloomberg Market Report.
A merger between American Airlines and US Airways appears to be closer. Sources tell Bloomberg the boards of each company will likely meet to vote on the agreement Wednesday. Approval by both boards would clear the way for a deal announcement Thursday.
Apple is hoping to boost computer sales by introducing a more affordable version of its MacBook. The laptops also feature faster processors. A 13-inch MacBook Pro is now on sale for $1,499. A model with more memory goes for $1,699, which is the same price the company used to charge for a slower version with less storage.
Looking for a job? Try Facebook. The company is looking for a global head of diversity to help recruit new employees from different backgrounds in an effort to boost creativity. The world's largest social network grew 44 percent in the fourth quarter, compared to the year before.