Thomas Cook

(Newser) - The world's oldest travel company has collapsed after the failure of last-ditch talks, leaving around 600,000 travelers stranded around the globe. The UK Civil Aviation Authority said late Sunday that Thomas Cook has ceased trading "with immediate effect." Britain has now launched what officials call its...

(Newser) - Citing saturation in US travel, Expedia will move aggressively to seize European market share, reports the Financial Times, with hopes that half its revenue will be international within 5 or 6 years. The travel giant hopes to move in while European competitors Thomas Cook and Tui Travel are distracted with...