Opposition from the Obama administration over competition and job losses proves too big to overcome. The companies say more capacity to handle growing mobile usage is needed. Sprint is a winner; shares jump.
The mobile phone deal is killed after stocks slide and the Dow falls 100. Bank of America falls below $5 for the first time since 2009. Saab will go out of business. Nike and Oracle earnings are due Tuesday.
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Delivering packages will give the company, stung by shipping delays last Christmas, more control over the shopping experience.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
In a tax case, a US judge ruled that the agency's published guidelines don't hold up in court.
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