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Deals of the Hour / July 3, 2010, 7:12 am

New York Knicks

Amare Stoudemire is out of Phoenix and headed to New York — for a meeting. If the Knicks will give him a maximum-salary contract, a deal might not be far behind. The most Nowitzki could re-sign for is $96 million over ... (Source: Hartford Courant 2010-07-02T23:55:08Z)

Levee Leak in Birdland

Authorities say they found a small leak in a vulnerable levee near downtown Des Moines, but that the neighborhood it's helping to protect from flooding is not in imminent danger. Des Moines Public Works Director Bill ... (Source: WOI-TV 2010-07-03T03:29:52Z)

Crack in Birdland levee no big deal, Corps official says

A crack appeared in the Birdland levee late Thursday night, but residents shouldn't worry just yet. "I don't even really consider that a leak," said Paul St. Louis of the U.S. Army Corps of Engineers. St. Louis ... (Source: Des Moines Register 2010-07-03T09:06:19Z)

NBA Free Agency Rumor: LA Lakers Keeping Quiet on Tracy McGrady Negotiation

Since his agent last communicated the veteran guard's wishes to the Lakers' organization back in early June, Tracy McGrady's camp has not received any contract offer from the Los Angeles Lakers. McGrady still holds great interest in playing for the champion Lakers, yet the team has yet to initiate ... (Source: Bleacherreport.com 2010-07-03T13:24:01Z)

Report: Nationals reach agreement with El Duque

WASHINGTON (AP) -- The Washington Nationals declined comment on a report they have reached an agreement with 44-year-old Orlando Hernandez on a minor league contract, but his half-brother, Livan, says El Duque is on his ... (Source: CNN Sports Illustrated 2010-07-03T11:22:19Z)

Report says electronics workers end China strike

Workers at a Japanese-owed electronics plant in northern China have ended a strike over pay and benefits after four days, a Chinese state media report said Saturday. The official Xinhua News Agency cited a statement by the Mitsumi Electric Co. saying the plant in Tianjin resumed production Saturday ... (Source: Product Design & Development 2010-07-03T11:15:10Z)

Analysis: Democrats uneasy on US-SKorea deal

If Barack Obama is to push through a long-stalled U.S.-South Korea free trade deal, he is going to need something he hasn't seen much of during his presidency: Republican support. Obama's Democratic allies in Congress ... (Source: AP - msnbc.com 2010-07-03T07:04:37Z)

AP source: Bucks, Salmons agree for $40M

MILWAUKEE -- Another day, another deal for the Milwaukee Bucks, who have suddenly become one of the biggest buyers during the most-hyped free agency period in NBA history. The Bucks made another major move Friday, agreeing in principle to a $40 million, five-year deal with free agent guard John ... (Source: Forbes 2010-07-02T22:00:36Z)

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)

Elvis returns to the big screen

Elvis Presley is returning to the big screen in a remastered film. Elvis On Tour: 75th Anniversary Celebration will be shown at more than 460 cinemas in the US on July 29. The movie will feature remastered footage of concert performances and interviews from the 1972 documentary Elvis On Tour - the ... (Source: Independent 2010-07-02T12:13:37Z)

Congress-backed bank reaches deal in Bucyrus sale

RACINE, Wis. — Word of a deal that could save 1,000 jobs across 13 states, including 300 in Wisconsin, broke Wednesday just hours before President Barack Obama spoke about the economy at a town hall meeting. Democrats ... (Source: Palm Beach Interactive 2010-07-03T12:19:35Z)

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)

Mets Sign RHP Brian Bruney to Minor League Deal, Assign to Bisons

The New York Mets today announced that they have signed RHP BRIAN BRUNEY to a minor league contract. He has been assigned to the Bisons and will report to the team in the coming days. Bruney, 28, went 1-2 with a 7.64ERA (15ER, 17.1 innings) in 19 games with the Washington Nationals earlier this year ... (Source: OurSports Central 2010-07-03T00:59:33Z)

Essay: Spy arrests offer bit of Cold War nostalgia

By STEVEN R. HURST Associated Press Writer WASHINGTON (AP) - The capture of those alleged deep-cover Russian agents has - for a moment of nostalgia - taken Americans back to a day when their enemy was sneaky but ... (Source: msnbc.com 2010-07-03T13:16:51Z)

The Obama Trade Games

More than three years after Democrats took the House, and more than 18 months after Barack Obama took the Oval Office, leaders of the majority party have rediscovered . . . free trade. Timing is of course everything, and the timing here bears analysis. Secretary of State Hillary Clinton kicked off ... (Source: Wall Street Journal 2010-07-03T03:29:52Z)

Essay: Spy arrests provide Cold War nostalgia for a time before profound threat of al-Qaida

WASHINGTON (AP) — The capture of those alleged deep-cover Russian agents has — for a moment of nostalgia — taken Americans back to a day when their enemy was sneaky but familiar, ensconced right there behind the crenelated red-brick Kremlin walls. Through the Cold War, the U.S. had adapted ... (Source: Orlando Sentinel 2010-07-03T13:16:51Z)

Only time will tell if Bucks' spending pays off

Do you approve of the five-year, $32 million agreement the Bucks reached with Drew Gooden? Since 1998, the Milwaukee Bucks have been trying to replace Vin Baker at power forward. For longer than that, they have not been known as an impulsive franchise. And for the past two years, they have been ... (Source: Milwaukee Journal Sentinel 2010-07-02T07:27:17Z)

NBA NOTEBOOK: Nets rookie hurt

EAST RUTHERFORD, N.J. — New Jersey Nets rookie Damion James has a sprained right elbow. James, who was acquired in a draft-draft deal with Atlanta, missed the Nets rookie and free agent practice on Friday. His status ... (Source: Everett Herald 2010-07-03T05:53:02Z)

Wild signs prospects Peters, Bagnall

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 ... (Source: West Central Tribune 2010-07-03T04:55:46Z)

Search for new Spider-Man over 

A virtual unknown has landed the coveted lead role in the upcoming resurrection of the Spider-Man movie franchise, ending an intense search that attracted virtually every eligible actor in the business. Andrew Garfield, 26, will take over the Peter Parker/Spider-Man role played by Tobey Maguire in a ... (Source: ONE News 2010-07-02T03:38:13Z)

UK-raised theatre actor nabs "Spider-Man" role

LOS ANGELES (Reuters) - A virtual unknown has landed the coveted lead role in the upcoming resurrection of the "Spider-Man" movie franchise, ending an intense search that attracted virtually every eligible actor in the business. Andrew Garfield, 26, will take over the Peter Parker/Spider-Man role ... (Source: Reuters UK 2010-07-02T02:40:57Z)

Elvis on the big screen again July 29 in remastered film

Elvis Presley returns to movie theaters July 29 in 'Elvis on Tour: 75th Anniversary Celebration,' to coincide with his date of birth. MEMPHIS, Tenn. - Elvis Presley is returning to the big screen again in the ... (Source: Atlantic City Press 2010-07-02T08:03:04Z)

Cuban Oil Drilling Poses New Threat to Florida

June 25: A boat skims for oil just off the beach in Pensacola Beach, Fla. Florida has long fought to prevent oil drilling anywhere near its white sandy beaches. But as the state continues to deal with oil from the Gulf of Mexico spill washing up on its shores, it faces a new threat: deepwater ... (Source: FOX News 2010-07-02T14:00:59Z)

Spy arrests offer bit of Cold War nostalgia

W ASHINGTON — The capture of those alleged deep-cover Russian agents has — for a moment of nostalgia — taken Americans back to a day when their enemy was sneaky but familiar, ensconced right there behind the ... (Source: Boston Herald 2010-07-03T12:55:23Z)

New York (45-35) at Washington (35-46)

A little bit of help could go a long way for Stephen Strasburg (notes) . The Washington Nationals ' punchless lineup, however, is giving the phenom little support. Hoping for any production from the offense, Strasburg attempts to avoid his first three-game losing streak as the Nationals host the ... (Source: YAHOO! 2010-07-03T10:25:03Z)

Elvis' tour movie returning to theaters

MEMPHIS, Tenn. (AP) - Elvis Presley is returning to the big screen again in the remastered film ``Elvis on Tour: 75th Anniversary Celebration,'' which will be shown July 29 at more than 460 movie theaters around the country. The movie will feature remastered footage of concert performances and ... (Source: Indiana Gazette 2010-07-02T14:36:47Z)

BP In Talks To Sell Assets Over Oil Spill

BP is in talks to sell up to 100% of its £5.9bn stake in a South American oil producer to the Chinese to deal with the Gulf of Mexico oil spill crisis, Sky's City editor has learned. The British company is looking to sell part or all of its 60% holding in Pan American Energy , based in Argentina ... (Source: Sky.com 2010-06-30T23:57:30Z)

Des Moines River crests, levee springs small leak

A swollen Des Moines River crested Friday near a cracked levee that failed two years ago near downtown Des Moines, and officials cautioned that weekend rains could cause the river to rise again. The river crested at 26 ... (Source: Muscatine Journal 2010-07-03T00:23:46Z)

Bucks make quick free agency splash, agree to deal with free agent PF Drew Gooden

MILWAUKEE - Everyone who thought the Milwaukee Bucks would be among the most active teams on the first day of NBA free agency, please raise your hands. The Bucks made a surprising early splash Thursday, agreeing in principle to a five-year, $32 million deal with free agent forward Drew Gooden. Agent ... (Source: Minneapolis Star Tribune 2010-07-02T06:15:42Z)

Andrew Garfield nabs Spider-Man role

LOS ANGELES (Reuters) - A virtual unknown has landed the coveted lead role in the upcoming resurrection of the "Spider-Man" movie franchise, ending an intense search that attracted virtually every eligible actor in the business. Andrew Garfield, 26, will take over the Peter Parker/Spider-Man role ... (Source: Calgary Herald 2010-07-02T14:43:56Z)

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