Expedia Corporate Travel Will Soon Turn Profit, Officials Say

Expedia Corporate Travel is experiencing 'significant' revenue increases and a 'swing to break-even' entering the second-half of this year that is expected to accelerate in 2005, according to officials speaking with analysts this evening about second-quarter earnings for the firm's parent company. 'Right now, it is not making money, and that's because we are developing the business,' said Barry Diller, chairman and CEO of Expedia parent InterActiveCorp. 'Expedia Corporate Travel is executing ter