Japan's Second-Richest Man to Grab 70% of Sprint

Japan’s Softbank Corp. is near an agreement to buy a 70 percent stake in Sprint Nextel Corp. for $20 billion, a deal that would revitalize the third-biggest U.S. wireless carrier as it competes against larger rivals, according to three people familiar with the talks.
China Is Trying to Engineer a Soft Landing: Sullivan
33:08 - Haitong International Securities Sales Trading Managing Director Andrew Sullivan discusses China’s stock market and the government’s measures to keep it stable. He speaks to Bloomberg’s David Ingles, Shery Ahn, Yvonne Man and Rishaad Salamat on “Asia Edge.” (Source: Bloomberg)
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