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Schumer urges look at security in Sprint deal

The New York Democrat sent letters to the Treasury Department and Federal Communications Commission, both of which are reviewing Softbank's offer to buy 70 percent of Sprint for $20.1 billion.

Sprint to listen to Dish offer

Wireless company Sprint Nextel Inc. says it can now let Dish Network see its books and talk with Dish to see whether its competing offer to buy Sprint is better than its current deal with Japan's...

Dish chair dares Softbank to raise bid for Sprint

Dish's Charlie Ergen told investors and reporters Thursday that based on the benefits Japan's Softbank Corp. says it would get from buying Sprint Nextel Corp., it should be paying a higher price.

Asia stocks rise after Wall Street hits record

Among individual stocks, Japanese mobile phone carrier Softbank Corp. jumped 3.1 percent after reports said it will launch a smartphone-based health service in the coming months, Kyodo News reported.

Softbank says Dish offer for Sprint 'illusory'

The CEO of Softbank, the Japanese cellphone carrier trying to buy a majority ownership in Sprint, said Tuesday that a competing bid from Dish is based on "incomplete and illusory" numbers.

Softbank 3Q profit doubles on iPhone sales

Softbank, which also offers fixed-line broadband services, has carried out an aggressive marketing drive in recent years, starring a talking white dog that has proved popular among Japanese.

Home builder Pulte leads the year's gainers

The wireless carrier sold a 70 percent stake to Japanese cellphone company Softbank Corp. for $20.1 billion.

Financial stocks were the biggest gainers of 2012

Sprint surged after Japanese company Softbank said it was taking a big stake in the company.

Commentary: The quotes of 2012

"SoftBank chief Masayoshi Son, full of moxie about buying Sprint to take on AT&T and Verizon Wireless: "It's like the poor kids fighting against the rich kids.

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Some unions now angry about health care overhaul

SoftBank Corp. has agreed to appoint a U.S. government-approved "security director" to the...

Futures slide; markets appear headed for down week

SoftBank Corp. has agreed to appoint a U.S. government-approved "security director" to the...

Summer travel forecast: Better, but no blowout

SoftBank Corp. has agreed to appoint a U.S. government-approved "security director" to the...