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Orbitz shares tank on threat from American

Shares of online travel agency Orbitz Worldwide Inc. tumbled 18 percent on news that American Airlines has threatened to stop selling tickets on Orbitz sites.

Orbitz said American, the fourth-largest U.S. airline, was threatening to pull its content if the travel agency did not use a direct link to the carrier’s inventory instead of a global distribution service, which negotiates prices. Get the full story »