Sprint Nextel to Undercut Verizon Wireless on Galaxy Tab

Sprint Nextel (S) is aiming to undercut Verizon Wireless by offering Samsung’s (SSNHY) Galaxy Tab for one third less than its rival.

There’s a catch.

Sprint will offer the Galaxy for $400 starting Nov. 14, Reuters said. To get that price, customers…

AutoTrader.com Buys Kelley Blue Book

AutoTrader.com has agreed to buy the venerable Kelley Blue Book automobile pricing enterprise for an undisclosed amount, the companies said Tuesday.

Kelley Blue Book will operate as a subsidiary of AutoTrader and continue to be headquartered in Irvin…

Wal-Mart CEO ‘Optimistic’ About India Investment Rules

Wal-Mart Stores (WMT) CEO Michael Duke said he is “optimistic” that foreign companies will be allowed to invest in the Indian retail sector.

Wal-Mart is hoping that India’s government will loosen restrictions on foreign investment after the trade min…