Deals of the Hour

Trying to find out what's the deal with the world, tracking what's on sale and who's talking about it on Twitter. Update hourly.

Deals of the Hour / July 29, 2010, 12:39 am

Ford said to complete Volvo sale to China's Geely next week

Ford Motor Co. plans to complete its sale of Volvo Cars to China's Zhejiang Geely Holding Co. next week, finishing the U.S. automaker's exit from European luxury brands, according to two people familiar ... (Source: Asbury Park Press 2010-07-28T17:19:13Z)

Ansel Adams heirs skeptical about lost negatives claim

BEVERLY HILLS, Calif. — It's an antique collector's dream: buying an old box at a garage sale and discovering it contains famous lost works worth a fortune. That's what Rick Norsigian said happened to him. Ten years ... (Source: Fort Wayne Journal Gazette 2010-07-29T07:02:25Z)

BRIEF-Global Railway agrees to sell units to Wabtec Corp for C$48 mln

July 14 (Reuters) - Global Railway Industries Ltd: * Global Railway says deal value C$48.0 million * Says agrees to sale of G&B Specialties, Inc. and Bach-Simpson Corp * Says Global has been in default under ... (Source: CNBC 2010-07-14T21:32:03Z)

i4i running out of words to say how it's trouncing Microsoft

Toronto-based tech company i4i Inc., which last year won a $290 million patent verdict against Microsoft over the use of custom XML technology in Word, issued a news release today announcing that the U.S. Patent and ... (Source: TechFlash 2010-07-28T20:39:39Z)

Russia brings back KGB-style warnings

Russian president Dmitry Medvedev has signed a new law to boost the country's security service, restoring a Soviet-era practice of issuing warnings to people it believes are about to commit a crime. Critics say the law ... (Source: ABC Online 2010-07-29T06:48:06Z)

Theo Albrecht, 88, Aldi co-founder

BERLIN - Theo Albrecht, the secretive co-founder of Germany's worldwide discount supermarket chain Aldi, a co-owner of Trader Joe's in the United States and one of Europe's richest men, has died at age 88. The ... (Source: Philadelphia Daily News 2010-07-29T07:02:25Z)

Ford sale of Volvo expected to be done next week

Ford Motor Co. plans to complete the sale of Volvo Cars to Zhejiang Geely Holding Co. next week, marking the biggest acquisition of a global brand by a Chinese company, people familiar with the plans said ... (Source: Detroit News 2010-07-29T05:00:44Z)

Theo Albrecht | Founded Aldi chain, 88

Theo Albrecht, 88, the secretive cofounder of Germany's worldwide discount supermarket chain Aldi, a co-owner of Trader Joe's in the United States, and one of Europe's richest men, died Saturday in Essen ... (Source: Philadelphia Daily News 2010-07-29T07:09:35Z)

Target CEO defends donations aiding anti-gay candidate for governor in Minnesota

ST. PAUL, Minn. — Target Corp.'s CEO on Tuesday, July 27 defended the discount retailer's political donations to a Minnesota group helping the state's Republican candidate for governor, telling employees at its ... (Source: Dallas Voice 2010-07-28T19:06:36Z)

Target testing new law on corporate donations

ST. PAUL, Minn. — Target Corp.'s CEO on Tuesday defended the discount retailer's political donations to a Minnesota group helping the state's Republican candidate for governor, telling employees at its Minneapolis ... (Source: Seattle Daily Journal of Commerce 2010-07-29T07:02:25Z)

Hans Zimmer on manipulating Edith Piaf for 'Inception': 'It's how you get from one ...

Christopher Nolan 's dream-within-a-dream-heist comes with a taut, damning score, courtesy of the filmmaker's go-to-composer, Hans Zimmer . Yet the tense, minimal foghorn-like bellows take their inspiration ... (Source: Los Angeles Times 2010-07-27T21:09:28Z)

Wabtec completes acquisition of rail supplier G&B

Railcar manufacturer Wabtec Corp. said Wednesday it has completed the acquisition of rail track and signal product supplier G&B Specialties Inc. for about $35 million. Wabtec said on July 14 it signed an deal to buy G&B ... (Source: AP - msnbc.com 2010-07-28T19:06:36Z)

Global Railway Industries Closes Sale Of G&B Specialties To Wabtec - Quick Facts

(RTTNews) - Wednesday, Global Railway Industries Ltd. (GBI.TO: News ) closed the sale of G&B Specialties Inc. to Wabtec Corp. for approximately C$35.0 million. Approximately 15% of the purchase price for G&B is being ... (Source: RTT News 2010-07-28T17:40:42Z)

Ford set to complete sale of Volvo to Geely

DEARBORN — Ford plans to complete its sale of Volvo Cars to China's Zhejiang Geely next week, finishing the US vehicle maker's exit from European luxury brands, according to two people familiar with the plans. Ford ... (Source: Business Day South Africa 2010-07-29T05:15:03Z)

More power for Russian security

MOSCOW - RUSSIAN President Dmitry Medvedev on Thursday signed into a law a bill expanding the powers of the successor to the Soviet-era KGB security service, the Kremlin said in a statement. The bill, criticised by ... (Source: Straits Times 2010-07-29T06:40:57Z)

Theo Albrecht, German co-founder of Aldi discount grocery chain, dies at 88

BERLIN — Theo Albrecht, the secretive co-founder of Germany's worldwide discount supermarket chain Aldi, a co-owner of Trader Joe's in the United States and one of Europe's richest men, has died at age 88. The retail ... (Source: St. Petersburg Times 2010-07-29T00:28:43Z)

The last 'Inception' clue?

I'm having a lot of fun with Inception . If you've seen the film, you know there exists endless possibilities pertaining to the ambiguous, but brilliant climatic ending. The theories on Cobb and his team of dreamers are ... (Source: Seattle Post Intelligencer 2010-07-28T18:59:26Z)

I4i wins final approval from USPTO in Microsoft dispute

The U.S. Patent and Trademark Office issued a final confirmation of a patent awarded to i4i that is at the heart of a dispute with Microsoft and that once threatened the sale of Word software. Microsoft has already had ... (Source: Australian PC World 2010-07-27T23:39:48Z)

Inception Soundtrack Has Even More Clues

themselves for the "kick" that wakes them up, they have to hear a song that blares through each dream level. That song is Edith Piaf's "Non, Je Ne Regrette Rien," which is an ironic choice on many levels. But ... (Source: Associated Content 2010-07-28T16:36:16Z)

Ansel Adams find in doubt

Beverly Hills, Calif . -- It's an antique collector's dream: buying an old box at a garage sale and discovering it contains famous lost works worth a fortune. That's what Rick Norsigian said happened to him ... (Source: Detroit News 2010-07-29T05:00:44Z)

Garage Sale Find: Ansel Adams Lost Work

A lawyer says a trove of old glass negatives bought in California for $45 has been authenticated as the work of iconic photographer Ansel Adams, worth at least $200 million. Attorney Arnold Peter says a team of experts ... (Source: KAKE TV 2010-07-28T16:43:26Z)

Handyman convicted of swindling woman, 94

EBENSBURG, Pa. (AP) — A western Pennsylvania man has been convicted of stealing more than $650,000 from an elderly woman. Jurors in Cambria County deliberated for only about an hour Wednesday afternoon ... (Source: Burlington County Times 2010-07-29T05:07:53Z)

Man tried on charges of swindling 94-year-old Cambria County woman

EBENSBURG (AP) - A 94-year-old Cambria County woman says a handyman she trusted like a son had her write checks to him personally, saying she was told that would let him get a contractor's discount for ... (Source: Indiana Gazette 2010-07-28T15:46:10Z)

I4i wins final OK from patent office in Microsoft dispute

IDG News Service - The U.S. Patent and Trademark Office issued a final confirmation of a patent awarded to i4i that is at the heart of a dispute with Microsoft and that once threatened the sale of Word software ... (Source: Computerworld 2010-07-27T19:43:34Z)

Germany, Russia sign multibillion deals

Russian President Dmitry Medvedev, right, and German Chancellor Angela Merkel speaks to each other during an annual Russia German forum in the Ural Mountains city of Yekaterinburg, about 1500 kilometers (900 ... (Source: San Jose Mercury News 2010-07-15T10:17:59Z)

Man tried on charges of swindling Pa. woman, 94

EBENSBURG, Pa. - A 94-year-old western Pennsylvania woman says a handyman she trusted like a son had her write checks to him personally, saying she was told that would let him get a contractor's discount for ... (Source: Philadelphia Daily News 2010-07-27T14:07:08Z)

Slim's Telint posts 20 pct drop in quarterly net

MEXICO CITY July 23 (Reuters) - Latin American telecommunications operator Telmex Internacional, controlled by billionaire Carlos Slim, posted a 20 percent drop in second-quarter net profit on Friday, but sales and ... (Source: Reuters UK 2010-07-24T23:57:40Z)

UPDATE 2-Mexico's FEMSA 2nd-qtr net jumps on beer unit sale

MEXICO CITY (Reuters) - Mexican beverage and retail company FEMSA Monday posted a surprising second-quarter profit surge as it recorded a gain from the sale of its beer business to Dutch giant Heineken. FEMSA ... (Source: FOXBusiness 2010-07-26T16:02:51Z)

Target backing gays, gay-marriage foe

ST. PAUL, Minn. – Target Corp.'s CEO on Tuesday defended the discount retailer's political donations to a Minnesota group helping the state's Republican candidate for governor, telling employees at its ... (Source: Fort Wayne Journal Gazette 2010-07-28T07:39:24Z)

UPDATE 1-Mexico homebuilder Geo Q2 net falls but sales grow

MEXICO CITY July 27 (Reuters) - Major Mexican homebuilder Geo ( GEOB.MX ) posted a quarterly net profit of 380 million pesos ($29.4 million), down 1.6 percent from a year earlier and squeezed by higher financing costs ... (Source: Reuters UK 2010-07-27T21:09:28Z)

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