US SMALL/MIDCAPS-Stocks jump with industrials, materials

NEW YORK, Sept 27 (Reuters) – Small- and mid-capitalization
stocks advanced more than 1 percent on Tuesday, with shares of
Equity One rising after a deal to sell some of its U.S.
shopping centers.

Hedge funds appeal "gross injustice" of WaMu ruling

(Reuters) – Four hedge funds appealed on Tuesday a ruling in the Washington Mutual Inc bankruptcy that found viable claims they had engaged in insider trading, an opinion one fund called a “gross injustice.”

Census slashes estimate of same-sex married households

WASHINGTON (Reuters) – The U.S. Census Bureau reduced its 2010 estimate for same-sex households on Tuesday — slashing that for married partners by almost two-thirds — citing reporting errors by census workers.

Stocks end higher for a third day

Stocks rose Tuesday, ending higher for a third day, as investors grew more optimistic about Europe’s debt crisis being resolved.

Senate to take up China currency bill next week

WASHINGTON (Reuters) – Senate plans to vote next week on legislation to crack down on China’s currency practices, despite concerns that could heighten trade tensions and further threaten global economic growth.

T-Mobile USA Executive Offers Letter to Customers Regarding Lack of iPhone

With Sprint set to join AT&T and Verizon in offering the iPhone in the United States, T-Mobile appears to be the last of the four major carriers that will be without the device. While a few rumors had allowed those looking for an iPhone on T-Mobile to hold out hope, an internal news posting revealed that the carrier’s Chief Marketing Office Cole Brodman had confirmed at a company town hall meeting that T-Mobile USA would not be offering the iPhone 5 this year.

Brodman has now followed up with an open letter to T-Mobile customers, thanking them for their loyalty and making clear that the carrier is interested in carrying the iPhone.

We’ve heard from many customers who love their T-Mobile service, but are disappointed that we don’t carry the iPhone. To these customers, first, thank you for your business. Please know that we think the iPhone is a great device and Apple knows that we’d like to add it to our line-up. Today, there are over a million T-Mobile customers using unlocked iPhones on our network. We are interested in offering all of our customers a no-compromise iPhone experience on our network.

Brodman offers no additional details on the state of negotiations between T-Mobile USA and Apple, instead promoting the company’s latest Android handsets and positioning them as able to “rival or beat” any other smartphone on the market, “including the iPhone.”

AT&T is in the process of trying to acquire T-Mobile USA, although it has run into opposition from the U.S. government and rival carriers. Regardless, AT&T has indicated that T-Mobile USA would be operated independently from AT&T for some time after the completion of the merger, so it is unclear how quickly T-Mobile might be able to gain the iPhone even under that scenario.