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Softbank in talks to invest in Sprint

Softbank in talks to invest in Sprint
By PETER SVENSSONAP Technology Writer NEW YORK (AP) - Japanese cellphone company Softbank Corp. was in talks Thursday about taking a substantial ownership stake in struggling U.S. carrier Sprint Nextel Corp. Sprint, the third-largest cellphone company in the U.S., said the deal could be big

Softbank in talks to invest in Sprint

Softbank in talks to invest in Sprint
By PETER SVENSSONAP Technology Writer NEW YORK (AP) - Japanese cellphone company Softbank Corp. was in talks Thursday about taking a substantial ownership stake in struggling U.S. carrier Sprint Nextel Corp. Sprint, the third-largest cellphone company in the U.S., said the deal could be big

Pirates plundering 'Borderlands 2' video game

Pirates plundering 'Borderlands 2' video game
By DERRIK J. LANGAP Entertainment Writer LOS ANGELES (AP) - The popular "Borderlands 2" video game is walking the plank. A pirate-themed add-on campaign titled "Captain Scarlett and Her Pirate's Booty" is setting sail Oct. 16 for the Gearbox Software shoot-and-loot sequel released by 2K

1 adult, 4 children killed in Baltimore house fire

1 adult, 4 children killed in Baltimore house fire
By BRIAN WITTEAssociated Press BALTIMORE (AP) - An intense fire that ripped through a Baltimore row house early Thursday has claimed the lives of an adult and four children, a fire official said. Fire department spokesman Chief Kevin Cartwright said firefighters were called around 2 a.m. and

Greek unemployment rises above 25 percent

Greek unemployment rises above 25 percent
By NICHOLAS PAPHITISAssociated Press ATHENS, Greece (AP) - Unemployment in Greece hit a record high of 25.1 percent in July as the country's financial crisis continues to exact its heavy toll, official figures showed Thursday. All indications are that unemployment in Greece will continue to

Geithner: US economy growing despite headwinds

Geithner: US economy growing despite headwinds
By ELAINE KURTENBACHAP Business Writer TOKYO (AP) - U.S. Treasury Secretary Timothy Geithner said Thursday that financial reforms and other actions in response to the global crisis are yielding results, helping the U.S. economy to grow at a pace better than there was reason to expect. Speaking

Toyota undaunted by latest massive global recall

Toyota undaunted by latest massive global recall
By YURI KAGEYAMAAP Business Writer TOKYO (AP) - Toyota executives were unfazed Thursday by the overnight recall of 7.43 million vehicles over faulty power window switches that can cause fires, calling it a sign the Japanese company had learned from its mistakes and was becoming quicker and more

Armstrong marches on the day after report

Armstrong marches on the day after report
By EDDIE PELLSAP National Writer Lance Armstrong tried to treat it like any other day. The world-renowned cyclist was at the office of his cancer-fighting foundation, "talking about next week's events and plans for 2013," he said on Twitter. But Thursday was different. It was the day after

China's popular Mo Yan wins Nobel literature prize

China's popular Mo Yan wins Nobel literature prize
By ALEXA OLESEN and LOUISE NORDSTROMAssociated Press BEIJING (AP) - Novelist Mo Yan, this year's Nobel Prize winner for literature, is practiced in the art of challenging the status quo without offending those who uphold it. Mo, whose popular, sprawling, bawdy tales bring to life rural

Asia stocks up as US jobless claims fall sharply

Asia stocks up as US jobless claims fall sharply
By PAMELA SAMPSONAP Business Writer BANGKOK (AP) - Asian stock markets rebounded Friday after the number of Americans applying for jobless benefits plummeted unexpectedly, suggesting the recovery in the world's largest economy might be gaining traction. Weekly applications for unemployment