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PRESS DIGEST - Washington Post Business - May 6

Mon May 5, 2008 11:34pm EDT

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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) 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) 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) bid to buy Yahoo (YHOO.O) unraveled over the weekend, Google (GOOG.O), 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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