Wireless carrier Sprint Nextel says it had a larger first-quarter loss as it continued to lose valuable monthly subscribers and had to pay for severance charges and other costs.

Cablevision Systems Corp. says it is buying the Long Island-based newspaper Newsday from Tribune Co. for $650 million.

A senior Toyota executive says plans for a new auto assembly plant in Mississippi are being delayed by worries about slumping American auto sales and a broader U.S. economic slowdown.

An Italian company has agreed to buy the Aurora, Illinois-based power equipment manufacturer for $6.6 million.

Circuit City Stores says it will allow video-rental chain Blockbuster, and its largest shareholder Carl Icahn, to review its books in connection with Blockbuster's bid to buy the consumer electronics retailer.