Wynn Resorts Ltd. reported that second-quarter profits fell almost 91 percent in the second quarter to $25.5 million, or 21 cents per share, from $272 million, or $2.42 per share during the same period last year. Net revenues were $723.3 million, compared to $825.2 million last year.

Expedia reported a sharp drop in its second-quarter profits, but still did better than expected; gross bookings were down, but hotel room nights and air transactions were up. Management said the results showed that Expedia has a business model that works no matter what the business environment is. The company earned $40.9 million in the second quarter, down 57 percent from $96.1 million for the same period a year earlier.

Expedia reported a sharp drop in its second-quarter profits, but still did better than expected; gross bookings were down, but hotel room nights and air transactions were up. Management said the results showed that Expedia has a business model that works no matter what the business environment is. The company earned $40.9 million in the second quarter, down 57 percent from $96.1 million for the same period a year earlier.

Expedia reported a sharp drop in its second-quarter profits, but still did better than expected; gross bookings were down, but hotel room nights and air transactions were up. Management said the results showed that Expedia has a business model that works no matter what the business environment is. The company earned $40.9 million in the second quarter, down 57 percent from $96.1 million for the same period a year earlier.

Southwest Airlines has confirmed that the carrier is preparing a bid to acquire Denver-based Frontier Airlines, which will be sold at auction in bankruptcy court next month.

Southwest Airlines has confirmed that the carrier is preparing a bid to acquire Denver-based Frontier Airlines, which will be sold at auction in bankruptcy court next month.