PRESS DIGEST - Washington Post Business - May 6
WASHINGTON, May 6 (Reuters) - The Washington Post included the following items on the front page of its business section on Tuesday.
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Shares of Sprint Nextel (S.N: Quote, Profile, Research, Stock Buzz) climbed 10.5 percent, or 83 cents, to $8.72 after reports that Sprint was being considered for a takeover by German telecommunications giant Deutsche Telekom (DTEGn.DE: Quote, Profile, Research, Stock Buzz) or that it might spin off its Nextel business into a public safety wireless network.
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When commodity markets opened in New York Monday, crude oil prices pierced the $120-a-barrel threshold for the first time before settling at $119.97, a record.
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After Microsoft's (MSFT.O: Quote, Profile, Research, Stock Buzz) bid to buy Yahoo (YHOO.O: Quote, Profile, Research, Stock Buzz) unraveled over the weekend, Google (GOOG.O: Quote, Profile, Research, Stock Buzz), their chief rival and the dominant player in Internet advertising, appeared stronger, according to analysts and the judgment of Wall Street.
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