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Editorial Results (free)

1. 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.”

2. Could a merger follow the PayPal-eBay split? -

NEW YORK (AP) — PayPal's split from long-time partner eBay Inc. makes Carl Icahn mighty happy. But he doesn't think PayPal should stay single for long.

Icahn, who months ago called on eBay to spin off the lucrative online and mobile payment service, continues to believe that the payments field must be consolidated, either by PayPal buying up smaller rivals or by merging with another major player.

3. Proposed spy phone record shift draws resistance -

WASHINGTON (AP) — Telephone companies are quietly balking at the idea of changing how they collect and store Americans' phone records to help the National Security Agency's surveillance programs. They're worried about their exposure to lawsuits and the price tag if the U.S. government asks them to hold information about customers for longer than they already do.

4. 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.

5. 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.

6. Sprint sues to stop Dish Clearwire buyout -

OVERLAND PARK, Kan. (AP) — Sprint is suing to stop Dish Network's buyout of wireless data network operator Clearwire. The nation's third-largest cellphone carrier said the proposed deal violates the rights of Sprint and other Clearwire shareholders.

7. 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.

8. New BlackBerry with keyboard to hit US stores -

NEW YORK (AP) — The first keyboard-equipped BlackBerry sporting the company's radically new operating system is hitting U.S. stores this week.

T-Mobile USA will start selling the BlackBerry Q10 on Wednesday. Verizon Wireless started taking pre-orders last week and says it will ship by Thursday.

9. Big 4 cellphone carriers unite on anti-texting ads -

NEW YORK (AP) — The country's four biggest cellphone companies are set to launch their first joint advertising campaign against texting while driving, uniting behind AT&T's "It Can Wait" slogan to blanket TV and radio this summer.

10. 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.

11. 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.

12. 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.

13. Samsung refreshes iPhone-challenging Galaxy line -

NEW YORK (AP) — Samsung Electronics is ratcheting up its rivalry with Apple with its new Galaxy S 4 smartphone, which has a larger, sharper screen than its predecessor, the best-selling S III.

Samsung trumpeted the much-anticipated phone's arrival Thursday at an event accompanied by a live orchestra while an audience of thousands watched the theatrics unfold on a four-level stage at Radio City Music Hall. Summoning up a touch of Broadway, Samsung employed 17 actors to demonstrate the new phone's features in a series of scripted vignettes.

14. Stocks retreat as weak earnings provide no joy -

NEW YORK (AP) — Stocks slumped on Wall Street Thursday, suggesting that the rally which has pushed indexes close to record levels may have run its course.

The Dow Jones industrial average fell 46 points to 13,942, having earlier slid as much as 134 points. The index has traded largely sideways this week, after logging its best January in almost two decades.

15. Stocks little changed on Wall Street; Apple slides -

NEW YORK (AP) — Apple held down the Standard & Poor's 500, pushing it further below the five-year high it reached last week, after the technology giant's stock sank following a report that demand for the iPhone 5 may be weaker than expected. The Dow Jones industrial average edged higher.

16. 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.

17. Stocks lower as investors watch Washington -

NEW YORK (AP) — Stocks slipped Thursday on Wall Street after more signs of tension emerged from federal budget talks in Washington.

The Dow Jones industrial average was down 70 points at 13,174 just after 1 p.m. EST. The Standard & Poor's 500 index was down 10 points at 1,418. The Nasdaq composite index was down 24 points at 2,989.

18. 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.'

19. Dow Jones average climbs after jobs report -

NEW YORK (AP) — An encouraging report on the labor market and better sales from Costco and other retail stores helped push the stock market higher Thursday.

The government said that 367,000 Americans sought unemployment benefits for the first time last week. That's an increase from the previous week but fewer than economists had forecast.

20. Free Enterprise Award presented to Baker -

J.B. Baker, chairman of the board for Volunteer Express Inc. and owner of Sprint Logistics, LLC and Baker South real estate development, has been awarded the Jennings A. Jones Champion of Free Enterprise Award by Middle Tennessee State University.

21. Stocks end lower ahead of Fed meeting -

NEW YORK (AP) — Stocks slipped on Wall Street as troubling economic news from China and the U.S. outweighed optimism about more stimulus from the Federal Reserve.

The Dow Jones industrial average fell 52.35 points to close at 13,254.29 on Monday. The Standard & Poor's 500 slipped 8.84 points to 1,429.08 and the Nasdaq composite fell 32.40 points to 3,104.02.

22. Sprint loss widens, but revenue beats estimates -

NEW YORK (AP) — Sprint Nextel's loss widened in the second quarter as the country's third-largest wireless carrier wrote down the value of its moribund Nextel network.

However, Sprint was successful in convincing subscribers leaving Nextel to sign up for service on the Sprint network, boosting subscriber figures and revenue, and its stock jumped 14 percent in premarket trading.

23. Stocks soar after ECB vows to protect the euro -

NEW YORK (AP) — Stocks soared in the U.S. and Europe Thursday after the European Central Bank president vowed to "do whatever it takes" to keep the continent's monetary union intact.

The Dow Jones industrial average jumped 172 points, or 1 percent, to 12,848 as of 12:20 p.m., following European markets sharply higher. Benchmark stock indexes surged 6 percent in Spain and Italy and 4 percent in France.

24. Sprint to shut Nextel as early as June 2013 -

NEW YORK (AP) — Sprint Nextel Corp. on Tuesday said it will shut down the Nextel network as early as June 30 next year, cutting off service for its characteristic walkie-talkie-like Nextel phones.

25. US stocks drift higher but can't match last week -

NEW YORK (AP) — U.S. stocks drifted higher Monday but lost the momentum from their biggest week of the year. A dividend from Apple, a deal for UPS and the promise of greater demand for U.S. Steel drove those stocks to gains.

26. Close but not quite for the Dow in push for 13,000 -

A burst of selling at the closing bell drove the Dow lower after it hovered around the milestone for most of the afternoon. The average finished the day about 19 points shy of the mark.

The Dow broke through 13,000 several times last week but hasn't closed above that level since May 19, 2008, four months before the fall of Lehman Brothers investment bank and the worst of the financial crisis.

27. S&P 500 index hits highest point since June 2008 -

NEW YORK (AP) — A two-point gain was enough to push the S&P 500 index to its highest level since June 2008, three months before the collapse of Lehman Brothers and the darkest days of the financial crisis.

28. AT&T customers surprised by 'unlimited data' limit -

NEW YORK (AP) — Mike Trang likes to use his iPhone 4 as a GPS device, helping him get around in his job. Now and then, his younger cousins get ahold of it, and play some YouTube videos and games.

But in the past few weeks, there has been none of that, because AT&T Inc. put a virtual wheel clamp on his phone. Web pages wouldn't load and maps wouldn't render. Forget about YouTube videos — Trang's data speeds were reduced to dial-up levels.

29. Stocks rally from early losses to close higher -

NEW YORK (AP) — Stocks staged an afternoon-long rally and closed higher Wednesday as Greece appeared to close in on the cost-cutting deal it needs to keep from defaulting on its national debt.

30. Stocks soar on Europe hopes, strong housing starts -

NEW YORK (AP) — Encouraging signs out of Europe and a surprisingly strong report on the U.S. housing market drove the Dow Jones industrial average up more than 300 points Tuesday. It was the best day for stocks this month.

31. Cable companies to resell Verizon Wireless service -

NEW YORK (AP) — Cable companies Comcast Corp., Time Warner Cable Inc. and Bright House Networks are giving up on their dreams of creating their own wireless network, opting instead to resell Verizon Wireless service.

32. AT&T, Telekom to press ahead with T-Mobile deal -

Deutsche Telekom and AT&T vowed Thursday to press ahead with the planned sale of the German company's T-Mobile USA unit to the U.S. cell phone operator despite concerns raised by American authorities.

33. US stock futures rise on stronger earnings -

NEW YORK (AP) — U.S. stock futures rose Wednesday after Boeing Co., Corning Inc. and other companies reported stronger earnings and ahead of a key meeting on Europe's debt crisis.

34. Apple unveils faster, more powerful iPhone -

CUPERTINO, Calif. (AP) — Apple Inc. unveiled a new iPhone on Tuesday that is faster and more powerful but stops short of a more radical upgrade. It said Sprint customers will now be able to use one.

35. Sprint adds 1.1M subscribers, narrows 1Q loss -

NEW YORK (AP) — Sprint Nextel Corp. on Thursday said it added more wireless subscribers in the first quarter than it has in five years, mainly on cheap service plans.