Sectors
WSJ Technology Innovation Awards: Printechnolgics, Pure Storage and Vidacare Nab Top Spots
The Wall Street Journal has recognized the world's hottest new innovations with its annual Technology Innovation Awards, highlighted in today's paper. Culled from 536 applications originating in two dozen countries, the 37 winners and runners up span 18 categories and include start-ups as well as larger, more established companies.
SoftBank To Buy 70 Percent Stake in Sprint Nextel for $20 Billion
The Japanese telecommunications company Softbank Corp. has struck a deal to buy a 70 percent stake in Sprint Nextel for $20.1 billion.
German Retailer Douglas Receives Go-Private Offer
After months of negotiations, the German retailer Douglas Holding, which is known throughout Europe for its perfumeries, jewelry and book stores, is well on the road to going private. The Wall Street Journal reported on Monday that the company's founding family has joined private equity firm Advent International in a takeover offer.
Retail Sales Higher than Expected in September Reflecting Consumer Confidence
U.S. retail sales rose 1.1 percent in Sept. according to data released on Monday from the Commerce Department, totaling $412.9 billion. The growth is better than expected and good news for the economy, since consumer spending accounts for about 70 percent of the country's total economic growth.




