Latest Business News: IPhone 5 Trumped Galaxy S4 on User Complaints at Launch

Wochit 1:23 mins

According to a study, the iPhone 5 received nearly twice the rate of negative comments at launch compared with the Galaxy S4, but Apple clearly wins in perhaps the most important metric of all - The iPhone 5 received more than 10 times the amount of launch day chatter overall than the Galaxy S4 The Federal Communications Commission has announced its official approval of two related deals by Sprint Nextel Corp, SoftBank Corp and Clearwire Corp. The regulatory approval was the last hurdle needed to be cleared for the deal to be finalized. NEW YORK (AP) ? The U.S. stock market is closing higher after a bumpy start, with investors encouraged by a big uptick in hiring. After jumping early, stock gains tapered off. All the major indexes dipped briefly into the red, but by late afternoon, they were marching steadily higher. The Dow Jones industrial average finished up 147 points, or nearly one percent, to 15,135. The Standard & Poor's 500 rose 16 points, or one percent, to 1,631. The Nasdaq composite was up 35 points, or one percent, to 3,479.

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