SAN FRANCISCO (AP) — Alibaba Group, the king of e-commerce in China, is dangling a deal that could turn into one of the biggest IPOs in history.
In a long-awaited move Tuesday, Alibaba filed for an initial public offering of stock in the U.S. that could surpass the $16 billion that Facebook and its early investors raised in the social networking company's IPO two years ago.
2. Stocks edge higher in early trading; T-Mobile up - Friday, December 20, 2013
NEW YORK (AP) — Stocks are opening higher on Wall Street as traders return from the Christmas holiday.
Good news about the U.S. job market encouraged investors to bid up stock prices.
The number of Americans applying for unemployment benefits dropped last week by the most in more than a year. That's a sign that layoffs are easing.3. Verizon agrees to stake from Vodafone for $130B - Friday, August 30, 2013
NEW YORK (AP) — Verizon will own its wireless business outright after agreeing to a $130 billion deal to buy the 45 percent stake of Verizon Wireless owned by British cellphone carrier Vodafone.4. Sprint eliminating 800 customer-service jobs - Friday, August 23, 2013
NEW YORK (AP) — Sprint says it's eliminating about 800 customer service jobs because fewer people are calling its centers. With growth in other parts of the business, Sprint says it expects the company's work force to remain at about 40,000.5. Sprint completes acquisition of Clearwire - Friday, July 05, 2013
NEW YORK (AP) — Majority owner Sprint has completed its acquisition of wireless network operator Clearwire Corp.
Sprint Nextel Corp. paid $5 per share for the 51 percent of Clearwire it didn't already own. Bellevue, Wash.-based Clearwire runs a mobile broadband network that Sprint uses to provide "4G" service on many of its phones.6. Dish won't submit revised bid for Sprint - Friday, June 14, 2013
ENGLEWOOD, Colo. (AP) — Satellite TV operator Dish Network Corp. said Tuesday it would not submit a revised bid for Sprint, leaving the path open for the wireless carrier to accept what it already considers a superior offer from Japan's Softbank.7. Softbank sweetens offer for Sprint by $1.5B - Friday, June 07, 2013
OVERLAND PARK, Kan. (AP) — A month after being challenged by a rival to raise its bid for Sprint Nextel, Japan's Softbank did just that, by $1.5 billion.
That brings Softbank's total bid to $21.6 billion for the nation's third-largest carrier, which is still short of the $25.5 billion offered by the rival Dish Network in April.
8. Softbank says its bid for Sprint Nextel superior - Friday, April 12, 2013
TOKYO (AP) — SoftBank Corp. says it believes its bid for U.S. wireless carrier Sprint Nextel is a better choice than the $25.5 billion counteroffer by Dish Network Corp.9. Dish Network offering to buy Sprint in $25.5B deal - Friday, April 12, 2013
NEW YORK (AP) — Dish Network Corp. is trying to snag U.S. wireless carrier Sprint Nextel Corp. away from its Japanese suitor in recognition of the way satellite dishes are losing their relevance in the age of cellphones that play YouTube videos.10. Stock market takes biggest drop this year - Friday, April 12, 2013
NEW YORK (AP) — A steep fall in commodity prices led the stock market to its worst day this year on Monday, as worries about the global economy resurfaced.
The Dow Jones industrial average dropped 265 points, its biggest loss in five months.11. Sprint ups offer to $2.2B for rest of Clearwire - Friday, December 14, 2012
OVERLAND PARK, Kan. (AP) — Sprint Nextel will buy out minority shareholders of Clearwire for $2.2 billion, a higher price than it previously said it would pay.
Sprint said Monday it will pay $2.97 per share for the approximately 50 percent stake in Clearwire stock it doesn't already own. The company had said Thursday it would offer $2.90 per share, which totaled $2.1 billion.12. Stocks head higher, despite Europe worries - Friday, October 05, 2012
NEW YORK (AP) — One piece of good news on jobs was enough Thursday on Wall Street.
The stock market popped higher after the Labor Department reported an encouraging decline in weekly claims for unemployment insurance. That one piece of good news was enough to help traders forget about a drumbeat of worrisome developments, like a widening U.S. trade deficit, higher unemployment in Greece and a ratings cut for Spain.'13. iPhone 5 launch draws Apple fans worldwide - Friday, September 21, 2012
In a now familiar global ritual, Apple fans jammed shops across the globe to pick up the tech juggernaut's latest iPhone.
Eager buyers formed long lines Friday at Apple Inc. stores in Asia, Europe and North America to be the first to get their hands on the latest version of the smartphone.