Business & Economy

Big & mobile

Business | Sprint and Nextel announce $35 billion merger
by Dan Perkins
Posted 12/25/04, 12:00 am

Just a few years ago, mobile phone users could choose from close to 10 major providers. But with a likely merger between Sprint and Nextel, the wireless industry will have its own version of the "big three."

According to published reports, Kansas City-based Sprint has tentatively agreed to buy Nextel for $35 billion. The merger would create the third-largest wireless provider in the nation with nearly 40 million customers. But The New York Times reports that Verizon Wireless may offer to buy Sprint.

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Jobs machine

Business | Most economists believe that total employment will continue its upward ascent
by Dan Perkins
Posted 12/18/04, 12:00 am

Despite lower-than-expected job growth in November, the fact that employers continued to add jobs leads most economists to believe that total employment will continue its upward ascent in the coming months.

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A good time to be graduating

Business | Seventy percent of employers say they will increase starting salaries for new college grads this year
by Dan Perkins
Posted 12/11/04, 12:00 am

Timing is everything, especially for picking up that college diploma. And experts say this year's senior class is entering the hottest job market in years.

A recent survey by the National Association of Colleges and Employers predicts a 13 percent increase in college hiring over last year. Seventy percent of employers say they will also increase starting salaries for new college grads, with an average expected increase of 3.7 percent.

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