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Editorial Results (free)

1. WeWork shelves plan for IPO, tries to rebuild battered image -

NEW YORK (AP) — WeWork's new leaders shelved plans to enter the stock market Monday as they sought to repair the battered image of a company that appeared to revolutionize the office-rental industry and was poised just weeks ago to go public with a valuation of nearly $50 billion.

2. Newspaper chain GateHouse buying Gannett, USA Today owner -

NEW YORK (AP) — Two of the country's largest newspaper companies have agreed to combine in the latest media deal driven by the industry's struggles with a decline in printed editions.

GateHouse Media, a chain backed by an investment firm, is buying USA Today owner Gannett Co. for $12.06 a share in cash and stock, or about $1.4 billion. The combined company would have more than 260 daily papers in the U.S. along with more than 300 weeklies. It would be the largest U.S. newspaper company by far, with a print circulation of 8.7 million, 7 million more than the new No. 2, McClatchy, according to media expert Ken Doctor.

3. SoftBank sets up $108B investment fund, with no Saudi money -

TOKYO (AP) — Japanese internet company SoftBank Group Corp. has set up a new fund for investing in technologies such as artificial intelligence.

Tokyo-based SoftBank said Friday its $108 billion Vision Fund 2 includes $38 billion from SoftBank. The rest is from Apple, FoxConn Technology Group, Microsoft Corp., Japanese banks and other companies.

4. VW, Ford broaden alliance to autonomous, electric vehicles -

NEW YORK (AP) — Volkswagen will sink $2.6 billion into a Pittsburgh autonomous vehicle company that's mostly owned by Ford as part of a broader partnership on electric and self-driving vehicles, the companies confirmed Friday.

5. States sue to stop $26.5 billion Sprint-T-Mobile deal -

NEW YORK (AP) — A group of state attorneys general led by New York and California filed a federal lawsuit Tuesday to block T-Mobile's $26.5 billion bid for Sprint, citing consumer harm.

The state attorneys general said the promised benefits, such as better networks in rural areas and faster service overall, cannot be verified, while eliminating a major wireless company will immediately harm consumers by reducing competition and driving up prices for cellphone service.

6. China mum on Trump-Xi meeting as Huawei says sales slowing -

SHANGHAI (AP) — Attention is turning to a possible meeting of President Donald Trump with Chinese leader Xi Jinping at a summit in Japan later this month as the next step in the vexing trade standoff between the two biggest economies.

7. Rutschman goes 1st, VU's Bleday 3rd in MLB draft -

SECAUCUS, N.J. (AP) — Adley Rutschman heard the chatter for months that he'd be the No. 1 pick in the Major League Baseball draft.

The switch-hitting Oregon State catcher just kept slugging at the plate and throwing out would-be basestealers all season from behind it — making it an easy call for the Baltimore Orioles on Monday night.

8. UK, Japan mobile operators suspend Huawei 5G phone launches -

LONDON (AP) — British and Japanese mobile phone companies said Wednesday they're putting on hold plans to sell new devices from Huawei, in the latest fallout from U.S. tech restrictions aimed at the Chinese company.

9. Toyota reports dip in quarterly profit, projects recovery -

TOKYO (AP) — Japan's top automaker Toyota said Wednesday its profit for January-March fell 4% as vehicle sales lagged in North America, while smaller car manufacturer Honda reported a loss.

Toyota Motor Corp. recorded a quarterly profit of 459.5 billion yen, or $4.2 billion, down from 480.8 billion yen in the same period the previous year. Quarterly sales rose 2% to 7.75 trillion yen ($70 billion), the company said.

10. GM Cruise autonomous vehicle unit gets $1.15B investment -

DETROIT (AP) — A group of institutional investors is sinking $1.15 billion into GM Cruise LLC, the autonomous vehicle unit of General Motors.

Cruise announced the investment from a group led by T. Rowe Price on Tuesday and said it included money from GM, Honda and Japanese tech investment firm SoftBank.

11. Toyota, SoftBank fund, Denso invest $1 billion in Uber -

TOKYO (AP) — Japan's top automaker Toyota, auto parts maker Denso and internet company SoftBank's investment fund are investing $1 billion in car-sharing Uber's technology unit.

12. Uber reveals strong growth, huge losses ahead of IPO -

SAN FRANCISCO (AP) — Uber is providing a look under the hood of its business in the lead-up to its hotly anticipated debut on the stock market, revealing strong growth but an ongoing struggle to overcome huge losses and repair its reputation.

13. Democrats question pledges in $26.5B T-Mobile-Sprint deal -

WASHINGTON (AP) — Democratic lawmakers challenged top executives of T-Mobile and Sprint on Wednesday over their pledge not to raise prices for wireless services or hurt competition if their $26.5 billion merger goes through.

14. Cruise control: GM's No. 2 exec to run self-driving car unit -

SAN FRANCISCO (AP) — General Motors' No. 2 executive is moving from Motor City to Silicon Valley to run the automaker's self-driving car operations as it attempts to cash in on its bet that robotic vehicles will transform transportation.

15. A day after a rout, US stocks turn higher on solid earnings -

NEW YORK (AP) — Strong results from major companies including Microsoft, Visa and Comcast are sending U.S. stocks higher Thursday morning as the market found its footing after three weeks of steep declines.

16. Toyota, SoftBank setting up mobility services joint venture -

TOKYO (AP) — Japan's No. 1 automaker Toyota Motor and technology giant SoftBank Group are setting up a joint venture to create mobility services in what they called a "united Japan" effort to face global competition.

17. GM, Honda team to produce self-driving vehicles -

General Motors and Honda are teaming up on self-driving vehicle technology as big automakers and tech giants race to develop the next generation of personal transportation.

Japan's Honda Motor Co. will invest $2.75 billion in the autonomous vehicle unit run by General Motors Co., called GM Cruise, which is considered a leader in the nascent industry.

18. Strong economic signs lift US stocks; bond prices drop -

NEW YORK (AP) — Encouraging reports on hiring and growth in the service sector sent small companies and banks higher Wednesday and knocked bond prices into a tailspin. The yield on the benchmark 10-year Treasury note spiked to its highest level in more than seven years.

19. SoftBank's earnings surge 50-fold on investment fund gains -

TOKYO (AP) — Japanese technology company SoftBank says its net profit soared more than 50-fold from a year earlier to 313.7 billion yen ($2.8 billion) in the latest quarter thanks to gains in its main investment fund.

20. Toyota investing $1B in ride-hailing company Grab -

TOKYO (AP) — Japan's top automaker Toyota Motor Corp. is investing $1 billion in Grab, the leading ride-hailing company in Southeast Asia, the company said Wednesday.

21. GM revs up autonomous car unit, dormant shares fly -

DETROIT (AP) — Shares of General Motors posted their largest one-day gain since the company's rebirth from bankruptcy eight years ago, after Japanese technology conglomerate SoftBank decided to pump $2.25 billion into GM's autonomous car unit.

22. GM revs up autonomous car unit, dormant shares fly -

DETROIT (AP) — The Japanese technology conglomerate SoftBank will spend $2.25 billion for a nearly 20 percent stake in General Motors' autonomous vehicle unit.

GM said Thursday that it will also sink another $1.1 billion into its GM Cruise automated division. The capital infusion is designed to speed large-scale deployment of self-driving robotaxis next year.

23. Stocks dip as US imposes steel, aluminum tariffs; GM surges -

NEW YORK (AP) — U.S. stocks are mostly lower Thursday morning following big swings over the last two days. Steelmakers are rising as the Trump administration announced that it will impose tariffs on steel and aluminum imported from Europe, Canada and Mexico. General Motors is surging after SoftBank of Japan said it will invest $2.25 billion in GM's autonomous car business.

24. Uber valued at about $62B in new offer to buy company stock -

Three investors are looking to buy stakes in Uber in an offer that values the company at $62 billion.

The ride-hailing giant said Wednesday the investors want to buy up to $600 million worth of the private company's stock. They're offering $40 per share, giving Uber a valuation that's nearly 30 percent above the $48 billion set in a January stock sale.

25. Sprint, T-Mobile have to sell $26.5B deal to antitrust cops -

NEW YORK (AP) — To gain approval for their $26.5 billion merger agreement, T-Mobile and Sprint aim to convince antitrust regulators that there is plenty of competition for wireless service beyond Verizon and AT&T.

26. Construction robots weld, bolt, lift to beat worker shortage -

TOKYO (AP) — Robots that can weld, lift and bolt are being developed to help bridge labor shortages at Japanese construction sites, though their use will be limited to night shifts when no human workers will be nearby due to safety and regulatory concerns.

27. Uber, Waymo settle trade secrets clash -

SAN FRANCISCO (AP) — Uber has settled a lawsuit alleging that it ripped off self-driving car technology from Google's autonomous vehicle division.

Under the surprise deal, the ride-hailing service will pay Waymo, which is part of Alphabet, Inc., a stock settlement valued by Waymo at $245 million.

28. Stocks rise as oil jumps 2-year high; chipmakers climb -

NEW YORK (AP) — U.S. stocks made modest gains and set more records Monday as upheaval in oil-rich Saudi Arabia sent crude prices to two-year highs. Chipmakers and media companies climbed on deal reports while phone and household goods companies sank.

29. Stocks around the world take a pause ahead of frenetic week -

NEW YORK (AP) — Stocks retreated from their record highs on Monday, ahead of a frenetic week for markets.

Investors are waiting to learn who the next head of the Federal Reserve will be, what several of the world's biggest central banks will decide on interest rates, and whether Apple and other big U.S. companies can keep piling their profits higher. In the meantime, reports continued to show that the economy is strengthening and negotiations continued in Washington to cut income-tax rates.

30. Stocks inch up as media and bank gains cancel out tech dip -

NEW YORK (AP) — U.S. stocks finished mostly higher Monday as banks, media and energy companies climbed just enough to cancel out losses for technology companies including Facebook and Amazon.

31. AP FACT CHECK: Trump takes credit where it's not deserved -

WASHINGTON (AP) — The start of a new administration is never a clean slate, even when parties flip. Day One is just another day for military operations, a budget that is still in place from the old crowd and a vast array of economic, social and law enforcement initiatives left over from the last president.

32. Toyota stock dips after Trump tweet on planned Mexico plant -

TOKYO (AP) — Toyota Motor Corp. is a "good corporate citizen" and intends to work with President-elect Donald Trump to help make America strong, the Japanese automaker's president, Akio Toyoda, says.

33. Trump holds Q&A, discussing jobs, Russia, Israel -

PALM BEACH, Fla. (AP) — President-elect Donald Trump applauded the return of 8,000 jobs to the U.S. and hailed his transition discussions with President Barack Obama in a series of comments that amounted to the most detailed interaction he's had with journalists since before the election.

34. Trump: Japanese mogul pledges $50 billion US investment -

WASHINGTON (AP) — After meeting with Donald Trump on Tuesday, Japanese tech billionaire Masayoshi Son said he will invest $50 billion in new startups in the United States, committing to creating 50,000 new jobs over an unspecified time period.

35. Phone and bank stocks push indexes higher; Dow at record -

NEW YORK (AP) — Stocks posted slight gains on Tuesday, sending the Dow Jones industrial average to another record, helped by shares of telecommunications companies such as Verizon, Sprint and AT&T.

36. Stocks inch higher, send S&P 500 to another record -

NEW YORK (AP) — Stocks ticked higher Monday as investors looked past this weekend's failed coup attempt in Turkey and nudged the Standard & Poor's 500 index to another record.

The S&P 500 rose 5.15 points, or 0.2 percent, to 2,166.89. It was the fifth time in the last six days that the index set a closing high. The Dow Jones industrial average rose 16.50, or 0.1 percent, to 18,533.05. The Nasdaq composite rose 26.19, or 0.5 percent, to 5,055.78.

37. Why Europe isn't creating any Googles or Facebooks -

HELSINKI (AP) — Micha Benoliel grew up in France and launched his first technology startup there, but he never forgot the atmosphere of adventure and optimism in San Francisco, where he studied in the early 1990s.

38. Buying a house? Here’s 12 things you must do -

Anyone buying any home anywhere should have a checklist of things to do. In this area, there are several.

  • Get a home inspection. Old or new, things may not be what they seem. As attorney Jean Harrison says of new homes, “Passing codes means they got at least a D-.” A home that has been pre-inspected could have serious flaws undiscovered by the seller’s inspector.
  • Hire a real estate agent. No one with any sense would go to court and use the other person’s attorney to represent them in order to save three percent. By the way, you won’t save the three percent.
  • Have a survey conducted. Who knows who owns what without a survey? Veteran real estate agents and surveyors have more war stories in this regard than any. There have been entire houses built upon the wrong lots, and the same goes for driveways, swimming pools, fences, walls and bridges.
  • Have a radon test and have it mitigated if the reading is over four pica curies, as in Madame Curie, you know, the radiation person. Radon causes cancer. Period. The end. If you don’t want cancer, rid the space of the radon.
  • Treat the house for termites. A clear termite letter means the termites did not swarm at the exact moment of the inspection. The bugs are in the dirt and they will eat your house, at least the wooden part.
  • Have a licensed HVAC contractor inspect the HVAC. If they disassemble the unit during inspection and find it to be dangerous, they are forbidden to re-assemble it. The home owner is going to require heat or conditioned air, so it will be repaired.
  • Have your insurance agent run a CLUE report prior to the inspection to determine if claims have been filed against the house.
  • Check for outstanding building permits.
  • If the house is sheathed in synthetic stucco, have several feet of the sheathing removed all around the house.
  • If there is water beneath the house, get it out.
  • Don’t have the homeowner fix the problems. The jobs will go to the lowest bidder.
  • When the sellers give you money, use it to make the repairs. The Palm is tempting, but they don’t treat termites.

As the Facebook people say, “That is all.”

39. US stocks slip following drops overseas -

NEW YORK (AP) — U.S. stocks are closing slightly lower after recovering most of an early slide.

The Dow Jones industrial average fell 41 points, or 0.2 percent, to close at 17,071 Monday. The Dow had been down as much as 178 points earlier.

40. China's Alibaba seeks blockbuster IPO in US -

SAN FRANCISCO (AP) — Alibaba Group, the king of e-commerce in China, is dangling a deal that could turn into one of the biggest IPOs in history.

In a long-awaited move Tuesday, Alibaba filed for an initial public offering of stock in the U.S. that could surpass the $16 billion that Facebook and its early investors raised in the social networking company's IPO two years ago.

41. Stocks edge higher in early trading; T-Mobile up -

NEW YORK (AP) — Stocks are opening higher on Wall Street as traders return from the Christmas holiday.

Good news about the U.S. job market encouraged investors to bid up stock prices.

The number of Americans applying for unemployment benefits dropped last week by the most in more than a year. That's a sign that layoffs are easing.

42. Verizon agrees to stake from Vodafone for $130B -

NEW YORK (AP) — Verizon will own its wireless business outright after agreeing to a $130 billion deal to buy the 45 percent stake of Verizon Wireless owned by British cellphone carrier Vodafone.

43. Sprint eliminating 800 customer-service jobs -

NEW YORK (AP) — Sprint says it's eliminating about 800 customer service jobs because fewer people are calling its centers. With growth in other parts of the business, Sprint says it expects the company's work force to remain at about 40,000.

44. Sprint completes acquisition of Clearwire -

NEW YORK (AP) — Majority owner Sprint has completed its acquisition of wireless network operator Clearwire Corp.

Sprint Nextel Corp. paid $5 per share for the 51 percent of Clearwire it didn't already own. Bellevue, Wash.-based Clearwire runs a mobile broadband network that Sprint uses to provide "4G" service on many of its phones.

45. Dish won't submit revised bid for Sprint -

ENGLEWOOD, Colo. (AP) — Satellite TV operator Dish Network Corp. said Tuesday it would not submit a revised bid for Sprint, leaving the path open for the wireless carrier to accept what it already considers a superior offer from Japan's Softbank.

46. Softbank sweetens offer for Sprint by $1.5B -

OVERLAND PARK, Kan. (AP) — A month after being challenged by a rival to raise its bid for Sprint Nextel, Japan's Softbank did just that, by $1.5 billion.

That brings Softbank's total bid to $21.6 billion for the nation's third-largest carrier, which is still short of the $25.5 billion offered by the rival Dish Network in April.

47. Softbank says its bid for Sprint Nextel superior -

TOKYO (AP) — SoftBank Corp. says it believes its bid for U.S. wireless carrier Sprint Nextel is a better choice than the $25.5 billion counteroffer by Dish Network Corp.

48. Dish Network offering to buy Sprint in $25.5B deal -

NEW YORK (AP) — Dish Network Corp. is trying to snag U.S. wireless carrier Sprint Nextel Corp. away from its Japanese suitor in recognition of the way satellite dishes are losing their relevance in the age of cellphones that play YouTube videos.

49. Stock market takes biggest drop this year -

NEW YORK (AP) — A steep fall in commodity prices led the stock market to its worst day this year on Monday, as worries about the global economy resurfaced.

The Dow Jones industrial average dropped 265 points, its biggest loss in five months.

50. Sprint ups offer to $2.2B for rest of Clearwire -

OVERLAND PARK, Kan. (AP) — Sprint Nextel will buy out minority shareholders of Clearwire for $2.2 billion, a higher price than it previously said it would pay.

Sprint said Monday it will pay $2.97 per share for the approximately 50 percent stake in Clearwire stock it doesn't already own. The company had said Thursday it would offer $2.90 per share, which totaled $2.1 billion.

51. Stocks head higher, despite Europe worries -

NEW YORK (AP) — One piece of good news on jobs was enough Thursday on Wall Street.

The stock market popped higher after the Labor Department reported an encouraging decline in weekly claims for unemployment insurance. That one piece of good news was enough to help traders forget about a drumbeat of worrisome developments, like a widening U.S. trade deficit, higher unemployment in Greece and a ratings cut for Spain.'

52. iPhone 5 launch draws Apple fans worldwide -

In a now familiar global ritual, Apple fans jammed shops across the globe to pick up the tech juggernaut's latest iPhone.

Eager buyers formed long lines Friday at Apple Inc. stores in Asia, Europe and North America to be the first to get their hands on the latest version of the smartphone.