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Deals of the Hour / July 3, 2010, 12:12 pm

Merkel Says Deficit Cuts Key as EU Rescue Deal Only Bought Time for Euro

German Chancellor Angela Merkel said that the European Union's 750 billion-euro ($945 billion) rescue package for the euro is only buying time for governments to cut budget deficits. "A policy of saving, scaling back deficits that have risen very sharply -- that's the task we have to ... (Source: Bloomberg 2010-07-01T23:56:19Z)

Google to buy travel tech firm ITA Software

Google Inc. plans to buy travel technology company ITA Software Inc. in a $700 million deal that would enable the Internet search leader to steer more of the airline reservations booked on the Web. The all-cash deal ... (Source: Minneapolis Star Tribune 2010-07-02T03:02:26Z)

Talks resume in California port clerk strike

LOS ANGELES— Negotiators for striking clerical workers and shippers at the ports of Los Angeles and Long Beach are talking again. Stephen Berry, lead negotiator for the Harbor Employees Association which represents the ... (Source: Boston Globe 2010-07-03T09:13:28Z)

Survivor of '89 fatal NH fire relieved by arrest

Saturday, July 3, 2010 | 12:35 a.m. A woman who survived a deadly 1989 apartment-house fire in New Hampshire says the California man charged with murder this week in the deaths of four of her neighbors told her that ... (Source: Las Vegas Sun 2010-07-03T18:03:11Z)

Chicago Blackhawks sign free agent defenceman John Scott to two-year deal

CHICAGO - The Stanley Cup champion Chicago Blackhawks have signed free agent defenceman John Scott to a two-year contract. The six-foot-eight, 258-pound Scott played in 51 games for the Minnesota Wild last season with a goal and an assist, along with 90 penalty minutes. He played 20 games for the ... (Source: FAN 590 Toronto 2010-07-02T18:54:29Z)

Minnesota Sports

ST. PAUL, Minn. (AP) — The Minnesota Wild have signed a pair of prospects, center Warren Peters and defenseman Drew Bagnall. The deals were announced on Friday. Peters gets a two-year deal and Bagnall gets a one-year ... (Source: Marshall Independent 2010-07-03T14:28:26Z)

Spain-Paraguay Preview

Its stunning opening loss a distant memory, Spain appears to have regained its first-class form heading into a World Cup quarterfinal match in which it will be heavily favored. A bigger threat than Paraguay might be ... (Source: ESPN Soccernet 2010-07-01T18:48:30Z)

New Hampshire woman on oxygen dies after home power cut

CONCORD, N.H. (AP) — A woman who needed powered oxygen equipment to breathe died after she did not pay the power bill and a utility shut off her electricity, police said Friday. State officials were investigating ... (Source: Evansville Courier-Press 2010-06-25T22:37:32Z)

Bradley has surgery

WINTER PARK, Florida — Celtic first round draft pick Avery Bradley had surgery on his left ankle this morning. The guard sprained the ankle during a pre-draft workout for Oklahoma City. The surgery went well, and Bradley is expected to be ready to play well ahead of training camp ... (Source: Boston Herald 2010-07-03T03:29:52Z)

Wild sign prospects Peters, Bagnall

ST. PAUL, Minn. (AP) — The Minnesota Wild have signed a pair of prospects, center Warren Peters and defenseman Drew Bagnall. The deals were announced Friday. Peters gets a two-year deal and Bagnall gets a one-year deal. Both players signed two-way contracts, meaning they make less money when they ... (Source: FOX News 2010-07-02T19:30:16Z)

NHL free-agency tracker: Kyle Quincey sticks with Avalanche; Sabres, Panthers make moves

The Colorado Avalanche agreed to terms on two-year deals today for both forward Daniel Winnik and former Detroit Red Wings defenseman Kyle Quincey. Winnik was acquired in a trade with Phoenix on Monday. The 25-year-old ... (Source: Detroit Free Press 2010-07-03T07:40:25Z)

Paraguay Goalie Making Up For Lost Time At WCup

PRETORIA, South Africa -- After spending one World Cup on the bench and all but seven minutes of another on the sidelines with an injury, Paraguay goalkeeper Justo Villar is making quite an impression with his third chance. Paraguay conceded just one goal in its first four games at the World Cup ... (Source: BayInsider 2010-07-02T08:24:33Z)

Belarus, Russia sign gas transit deal: Minsk

Belarus and Russia on Friday signed a gas transit deal expected to end disagreements that led to a cut in Russia's Europe-bound supplies flowing via Belarus last month, officials said. "The sides have signed the necessary documents," Belarussian state news agency Belta quoted Beltransgaz general ... (Source: Big Hollywood 2010-07-02T12:06:27Z)

Russia is welcome to join in missile defense, Clinton tells Poland

KRAKOW (Bloomberg) -- Russia is still welcome to join a trans-Atlantic missile defense shield even as the U.S. pushes to make the system operational earlier than originally planned, Secretary of State Hillary Clinton said. "We continue to look to cooperate with Russia on missile defense because we ... (Source: Tehran Times 2010-07-03T17:41:43Z)

Clerks at ports of Los Angeles, Long Beach to resume talks as contract expiration nears

LOS ANGELES (AP) — Clerical workers planned to resume negotiations Wednesday with shipping companies at the nation's busiest port complex in an attempt to reach a deal hours before their contract expires and avoid a ... (Source: FOX2now.com 2010-06-30T22:17:17Z)

2-minute drill: Wild sign prospects Peters, Bagnall

ST. PAUL — The Minnesota Wild have signed a pair of prospects, center Warren Peters and defenseman Drew Bagnall. The deals were announced Friday. Peters gets a two-year deal and Bagnall gets a one-year deal. Both ... (Source: St. Cloud Times 2010-07-03T07:26:06Z)

Hawks expect Johnson to accept contract offer

The person said the Hawks expect Johnson to accept their six-year contract offer, which is expected to be worth about $121 million when the NBA sets the salary cap next week. The person did not want to be identified because the Hawks are not commenting on the details of their negotiations with ... (Source: Atlanta Journal Constitution 2010-06-30T23:57:30Z)

Stoudemire off to Knicks?

Amare Stoudemire is out of Phoenix and headed to New York - for a meeting. If the Knicks are willing to give him a maximum salary contract, a deal might not be far behind. Meanwhile, Dwyane Wade had a second meeting with ... (Source: Olympian 2010-07-03T14:57:04Z)

NH parks offer weekly guided hikes, tours

CONCORD, N.H. -- Six of New Hampshire's state parks are offering special programs this summer aimed at connecting participants with nature. "Discover the Power of Parks!" started this week at Bear Brook, Pawtuckaway, Greenfield, Monadnock, White Lake and Franconia Notch state parks. Throughout the ... (Source: Boston Globe 2010-07-03T13:24:01Z)

Google buys air fare data firm

Google last night splashed out $700m (£460m) on a specialist aggregator of airline flight information, ITA Software, in a venture into travel data that is likely to set off competitive alarm bells among many online booking agencies such as Expedia, Orbitz and eBookers. Google announced that it was ... (Source: The Guardian 2010-07-02T09:36:08Z)

Chris Paul wants Hornets to show urgency to win

FILE - This April 3, 2010, file photo shows New Orleans Hornets guard Chris Paul watching as the New Jersey Nets shoot free throws during the third quarter of an NBA basketball game, in East Rutherford, N.J. The 25-year-old guard says he loves New Orleans and holds his new coach, Monty Williams, in ... (Source: The Oakland Press 2010-07-03T05:02:56Z)

Chicago Blackhawks sign free agent defenseman John Scott to two-year deal

CHICAGO (AP) — The Stanley Cup champion Chicago Blackhawks have signed free agent defenseman John Scott to a two-year contract. The 6-foot-8, 258-pound Scott played in 51 games for the Minnesota Wild last season with a goal and an assist, along with 90 penalty minutes. He played 20 games for the ... (Source: Chicago Tribune 2010-07-02T18:47:19Z)

Belarus, Russia sign long-awaited gas transit deal

MINSK (AFP) - Belarus and Russia on Friday signed a gas transit deal expected to end disagreements that led to a cut in Russia's Europe-bound supplies flowing via Belarus last month, officials said. "The sides have signed the necessary documents," Belarussian state news agency Belta quoted ... (Source: Nation 2010-07-03T03:29:52Z)

Negotiations between shippers, clerks at ports of LA, Long Beach uncertain

LOS ANGELES (AP) — Negotiations between 900 clerical workers and shipping companies at the nation's busiest port complex were uncertain Wednesday after both sides disagreed on where to meet to hash out a deal hours ... (Source: Chicago Tribune 2010-07-01T00:26:08Z)

Paraguay keeper Villar making up for lost time

PRETORIA, South Africa — After spending one World Cup on the bench and all but seven minutes of another on the sidelines with an injury, Paraguay goalkeeper Justo Villar is making quite an impression with his third ... (Source: Houston Chronicle 2010-07-03T10:25:03Z)

AP source: Union delivers CBA proposal to NBA

NEW YORK—The NBA players' union has sent a proposal for a new labor agreement to the league, an official with knowledge of the bargaining process said Friday. The proposal was delivered Thursday, although no details ... (Source: Berkeley Voice 2010-07-03T11:29:29Z)

C's sign Avery Bradley

Brett Davis/US Presswire Boston signed first-round draft pick Avery Bradley Friday. The Boston Celtics signed first-round draft pick Avery Bradley Friday. Terms of the deal were not disclosed, but the 2010-11 rookie scale suggests Bradley will earn $1.18 million in his first season. The scale ... (Source: ESPN.com 2010-07-02T15:26:53Z)

Google Air? $700 million deal for online flight information

Mountain View Internet giant Google revealed Thursday that it intends to buy ITA Software for $700 million. The Cambridge, Mass., company — founded in 1996 by Massachusetts Institute of Technology computer scientists — provides airline flight information software. "ITA's very talented team has ... (Source: San Jose Mercury News 2010-07-02T18:11:32Z)

SAP Extends $5.8B Sybase Bid, Awaits EU Approval

NEW YORK (AP) -- German business software maker SAP AG said Friday that it has extended its $5.8 billion tender offer for U.S. database software maker Sybase Inc. because the deal hasn't yet been cleared by European regulators. SAP said the offer of $65 per share, which was scheduled to expire July ... (Source: Industrial Distribution 2010-07-02T14:00:59Z)

SAP extends Sybase bid, awaits EU clearance

Saturday, July 3, 2010 | 12:21 a.m. German business software maker SAP AG said Friday that it has extended its $5.8 billion tender offer for U.S. database software maker Sybase Inc. because the deal hasn't yet been ... (Source: Las Vegas Sun 2010-07-03T11:00:51Z)

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