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United CEO Has Pitched Possible Tie-Up With Rival American

United Airlines Holdings Inc. Chief Executive Officer Scott Kirby has floated a possible combination with American Airlines Group Inc., according to people familiar with the conversations, an audacious proposition that would face intense scrutiny even under the business-friendly Trump administration.

Matt Levine’s Money Stuff: Prediction Market Making Is Hard

One reason I write a lot about sports gambling now is because I write a lot about prediction markets, which are sort of legally financial markets. One frequently remarked difference between a prediction market and a traditional sportsbook is that, at a sportsbook, customers are betting against the sportsbook, while in a prediction market they are betting against each other.

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