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Dish Network is offering to buy Sprint Nextel Corp. in a cash-and-stock deal it values at $25.5 billion, saying its bid is superior to that of Japanese phone company SoftBank. Sprint's stock jumped in premarket trading Monday. SoftBank Corp. is seeking approval from U.S. authorities for its $20 billion purchase of a 70 percent stake in Sprint Nextel Corp. that would be Japan's biggest foreign acquisition ever. Sprint previously said that it expected the deal with SoftBank to close during the summer.
Here's a list "Fifty Shades of Grey" was destined to make: The books most likely to be removed from school and library shelves. On Monday, E L James' multimillion selling erotic trilogy placed No. 4 on the American Library Association's annual study of "challenged books," works subject to complaints from parents, educators and other members of the public. The objections: Offensive language, and, of course, graphic sexual content.
CARACAS, Venezuela (AP) -- Hugo Chavez's hand-picked successor, Nicolas Maduro, has won Venezuela's presidential election by a stunningly narrow margin that highlights rising discontent over problems ranging from crime to power blackouts. His rival demanded a recount, portending more headaches for a country shaken by the death of its dominating leader.
Key measures of New York's tough new gun law are set to kick in, with owners of guns now reclassified as assault weapons required to register the firearms and new limits on the number of bullets allowed in magazines. As the new provisions take effect Monday, New York's affiliate of the National Rifle Association said it plans to head to court to seek an immediate halt to the magazine limit.
Link to Updated Story: Climbers recover body of snowmobile boy from Alaska glacier FAIRBANKS, Alaska - Climbers descended into an estimated 200-foot-deep crevasse on an Alaska glacier to reach a 9-year-old boy, who is feared dead after crashing his snowmobile. Investigators believe the boy is under the machine in deep snow in the hole, Alaska State Troopers spokeswoman Megan Peters said.
WASHINGTON (AP) -- A bipartisan Senate proposal to expand background checks for gun buyers gained the backing of one Republican and the potential support of a second Sunday as sponsors said the vote expected this week was too close to call. By DINA CAPPIELLO Associated Press
WASHINGTON — Worried the Internal Revenue Service might target you for an audit? You probably should be if you own a small business in one of the wealthy suburbs of Los Angeles.
MINNEAPOLIS (AP) — A windy, wintry mix of light snow and rain forced the Minnesota Twins to postpone their inter-league series finale against the New York Mets on Sunday. The game will be made up on Monday afternoon, Aug. 19. The Twins announced the decision about four hours before the scheduled game. On Sunday morning, light snow was falling, and the forecast called for rain and a high of 38 degrees.
AUGUSTA, Ga. (AP) — Adam Scott finished the job this time, and put an end to more than a half-century of Australian misery at the Masters. With the two biggest putts of his career, Scott holed a 20-footer for birdie on the 18th hole of regulation that put him into a playoff with Angel Cabrera, and then won his first major championship Sunday with a 12-footer for birdie on the second extra hole.
LOS ANGELES (AP) -- Baseball has scored a rare hit in Hollywood as the Jackie Robinson tale "42" took in $27.3 million to claim the weekend box-office championship. The Warner Bros. film biography easily beat an established franchise in "Scary Movie 5." According to studio estimates Sunday, the Weinstein Co. sequel opened in second-place with $15.2 million, the smallest debut for the horror-comedy series. Three of the previous four "Scary Movie" installments had debuts of $40 million or more.