Melissa Block explores the long family history of the companies that comprise what became Sprint. It all began in Kansas in the late 19th century and came to include a long distance system created by the Southern Pacific Railroad Internal Network Telecommunications, or SPRINT.
The U.S. economy will continue to grow throughout the rest of the year and in 2013, but at a tepid rate that fails to lower unemployment, according to a new survey of business economists. The forecast, from the National Association of Business Economists, also expects consumer spending to weaken.
Japanese mobile phone company Softbank has announced it has agreed to buy 70 percent of Sprint Nextel for $20 billion. The deal would make Sprint Nextel a tougher competitor against its bigger rivals, Verizon Wireless and AT&T.
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