News From NPR

Senate Democrats offered an alternative Thursday to the sequester, the automatic, across-the-board spending cuts set to hit March 1.

Despite dire warnings in congressional hearings this week, many on Capitol Hill seem resigned to the sequester.

A cloture vote on the nomination of former Republican Sen. Chuck Hagel for defense secretary failed in the Senate, today.

That means Senate Republicans succeeded — with a vote of 58 to 40 — in keeping the Hagel nomination from coming before a final vote. Senate Majority Leader Harry Reid scheduled the cloture vote after Republicans refused to give unanimous consent to proceed with the final vote.

The proposed marriage of American Airlines and US Airways announced Thursday is likely the last in a series of industry mega-mergers, but history suggests combining two big carriers isn't easy.

"The history of airline mergers in the U.S. is good, bad and ugly," says Henry Harteveldt, a travel industry analyst at the consulting firm Hudson Crossing. He and many others point to the 2008 union of Delta and Northwest as the best merger in recent memory.