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Japan's Softbank CEO Demonstrates Appetite For Risk

Earlier this week, a Japanese company announced a $20 billion bid for a majority stake in Sprint Nextel, America's third-largest mobile carrier. The deal was launched by the CEO of Softbank — an executive who says he has a "300-year business plan," and who is fond of making investments his peers call "crazy."
NPR

Sheldon Adelson Shakes Up Israeli Newspaper Market

Two of Israel's oldest newspapers are having a tough time competing financially with one that was established by U.S. casino mogul Sheldon Adelson and is being given away free of charge. Adelson is a strong supporter of Prime Minister Benjamin Netanyahu, and the paper is nicknamed the "Bibi Press."
NPR

E.U. Summitt To Discuss Currency Commission

European Union leaders will discuss how better to integrate their budgets and banks at a two-day summit that begins in Brussels Thursday. The most controversial proposal comes from the German finance minister, who wants the body to appoint a currency commission with the power to veto budgets of eurozone states.
NPR

A Tax Plan That Economists Love (And Politicians Hate)

Everyone with a mortgage will pay more. Corporations will pay less. The first in a series of stories on economists' dream presidential candidate.
NPR

The Last Word In Business

Renee Montagne has the Last Word in business.

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