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Sprint's iPhone plan, better than other US carriers
In a wireless world full of competition, it leaves Sprint with no choice but to think of a smart strategy to outwit others. So far, Sprint has the best deal compared with other carriers, but who knows what will happen next with the price war still looming around.
Alibaba investors losing confidence as company's shares go below debut price
Alibaba is in big trouble as Investors lose confidence over the continuing decline of shares caused by the slow consumer spending brought by the Chinese economic meltdown.
Sprint's bonds tumble as Moody's downgrades US wireless major
The US wireless major Sprint backed bonds tumbled in the market following the downgrade by Moody's, which sees increasing burden of debt maturities, brutal competitions and lack of operational stability for the third largest US wireless company.
Puerto Rico's rescue plan draws flak
The five-year restructuring plan proposed for ailing Caribbean island Puerto Rico has become a center of criticism from economists, who question that who shall benefit from this debt deal. Economists argue that the debt plan overstated the financial requirements of the island.