5 Things to Know This Thursday February 7

1. American Airlines and US Airways Merger Likely

A merger between American Airlines and US Airways will likely be announced next week, according to several recent reports. The new company will reportedly be based in Fort Worth, Texas.

2. Armstrong to Testify on Under Oath on Doping

Disgraced cyclist Lance Armstrong has agreed to testify under oath to anti-doping investigators about his knowledge of doping in cycling. Armstrong agreed to a deal to testify after learning he was the target of a criminal investigation.

The FAA has approved a test flight from Texas to Washington State to allow Boeing to test the batteries onboard its troubled 787 Dreamliner aircrafts. United Airlines has taken the anes out of its flying plans for the remainder of the month.

4. Northeast Preparing for Massive Storm

The Northeast is gearing up for what could be a massive winter storm at the end of this week, particularly in parts of New England. The Nor'easter will intensity Friday afternoon, with some forecasts projecting several feet of snow.

5. Gov. Christie Lashes Back at Physician

New Jersey Governor Chris Christie has lashed back at a former presidential physician who said she is worried he might have a heart attack because of his weight. Christie called the doctor a "hack" and said her comments were irresponsible.