1. American Airlines canceled about 200 flights today for inspections. Officials say the planes would return to service after crews check some wire bundles on the aircraft. It came after an audit by a joint team of inspectors by the FAA and the airline itself.

2. New home sales fell in February for the fourth straight month. That pushed activity down to a 13-year low as the steep housing slump continues. The decline was slightly worse than had been expected.