Reuters, citing sources with direct knowledge of the matter, reported Friday that Softbank is in talks with three major Japanese banks to borrow $23 billion (1.8 trillion yen) to finance a bid for Sprint.
Best Buy also is preparing to offer free home delivery on merchandise that is out of stock in stores, the newspaper reported.
The European Union won the Nobel Peace Prize on Friday for its efforts to promote peace and democracy in Europe, despite the region's debt crisis.
-- Written by Joseph Woelfel
>To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: email@example.com.