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Deals of the Hour / July 31, 2010, 9:39 am

Paperwork nightmare for businesses? Congress at odds how to fix new law

Tucked into the new health care law is a requirement that could become a paperwork nightmare for nearly 40 million businesses. They must file tax forms for every vendor that sells them more than $600 in goods. WASHINGTON ... (Source: Grand Forks Herald 2010-07-31T14:23:52Z)

AP source: Yankees on verge of acquiring Houston's Berkman

NEW YORK — The Yankees expect to acquire Lance Berkman from the Houston Astros on Saturday and already worked out a deal to obtain outfielder Austin Kearns from the Cleveland Indians. New York will send a couple of ... (Source: San Mateo Daily Journal 2010-07-31T11:03:26Z)

NY lawmaker urges Bass Pro to close Buffalo deal

A New York congressman has given a Missouri-based outdoor equipment retailer an ultimatum to sign a lease by Aug. 1 for a new store that's been the focus of Buffalo's efforts to redevelop its Lake Erie waterfront. Rep ... (Source: AP - msnbc.com 2010-07-21T15:11:31Z)

The big day: Chelsea Clinton to wed in RHINEBECK, NY

RHINEBECK, N.Y. (AP) — Chelsea Clinton was poised to marry her longtime boyfriend at an exclusive estate along New York's Hudson River after weeks of intrigue, secrecy and buzz that caused hundreds to crowd ... (Source: Morris County Daily Record 2010-07-31T12:22:10Z)

Station bringing creditors onboard

Station Casinos and its unsecured creditors reached agreement Wednesday on a deal that should smooth a path toward finalizing the casino company's bankruptcy reorganization. In a filing with the U.S. Bankruptcy Court in ... (Source: Las Vegas Review Journal 2010-07-29T09:04:07Z)

Bengals reach contract deal with Terrell Owens

CINCINNATI, Ohio — A year after they were featured on HBO's "Hard Knocks," the Bengals have scripted their own reality show. T.O. and Ocho. Two self-conscious stars, one NFL team. How will they fit? How will it work ... (Source: Beaumont Enterprise 2010-07-28T12:47:12Z)

Clinton renews appeal to Iran to free US hikers

A picture obtained from Iran's state-run English-language Press TV shows detained US hikers (from left) Shane Bauer, Sarah Shourd and Josh Fattal in Tehran in May 2010. Amnesty International called on Iranian authorities ... (Source: AlterNet 2010-07-31T15:28:17Z)

Rams, No. 1 overall pick Sam Bradford agree to 6-year, $78 million contract

ST. LOUIS - No. 1 overall draft pick Sam Bradford agreed to a six-year, $78 million contract with the St. Louis Rams on Friday night, with $50 million in guaranteed money. The Rams and the former Oklahoma ... (Source: Minneapolis Star Tribune 2010-07-31T15:06:49Z)

Boyd Gaming gives up on Station Casinos deal

Boyd Gaming Corp. said Friday it is no longer interested in buying certain assets of its rival regional casino operator, Station Casinos Inc. Boyd spent 18 months pursuing Station, but Station rejected its advances ... (Source: AP - msnbc.com 2010-07-30T21:34:33Z)

Schlumberger, Smith deal gets EU nod

Schlumberger Ltd. 's plans to acquire Smith International Inc. have been approved by the European Commission . The closing of the proposed merger remains subject to clearance by the U.S. Department of Justice, approval ... (Source: Houston Business Journal 2010-07-26T18:33:10Z)

Paperwork nightmare: A struggle to fix new law

Tucked into the new health care law is a requirement that could become a paperwork nightmare for nearly 40 million businesses. They must file tax forms for every vendor that sells them more than $600 in goods. The goal ... (Source: AP - msnbc.com 2010-07-31T15:42:36Z)

St. Louis Rams quarterback Sam Bradford agrees to 6-year, $78 million contract | NFL

ST. LOUIS — Sam Bradford, who was the first player drafted this year, agreed to a six-year, $78 million contract with the St. Louis Rams on Friday night, with a league-record $50 million in guaranteed money ... (Source: Seattle Times 2010-07-31T05:26:59Z)

Chelsea Clinton wedding mania arrives at Rhinebeck, N.Y. and residents amused

This weekend, the details and the drama are set to collide head-on. Chelsea Clinton, the daughter of former President Bill Clinton and Secretary of State Hillary Rodham Clinton, is getting married to Marc ... (Source: Courier-Journal 2010-07-31T16:18:24Z)

Obama hopes Rep. Rangel can leave "with dignity"

President Barack Obama called ethics charges against Representative Charles Rangel "very troubling" on Friday and said he hoped the lawmaker could end his career "with dignity." Democrats have urged the New York lawmaker ... (Source: msnbc.com 2010-07-31T14:02:23Z)

UPDATE: Chelsea Clinton wedding frenzy begins in Rhinebeck

RHINEBECK — Chelsea Clinton's guest list will swell today, as uninvited onlookers try to catch a glimpse of her celebrity attendees and take part in the celebration in their own ways. The daughter of the ... (Source: Poughkeepsie Journal 2010-07-31T14:38:11Z)

Schlumberger, Smith Get European OK For Merger

SAN FRANCISCO -- Schlumberger Ltd. and Smith International Inc. said Monday that they received clerarance from the European Commission for their proposed merger. The deal still needs clearance from the U.S ... (Source: FOXBusiness 2010-07-26T19:16:07Z)

Bass Pro is out of Canal Side plans

Bass Pro Shops is out. The Springfield, Mo.-based outdoor store notified Rep. Brian Higgins, D-Buffalo, that it cannot meet the 14-day deadline he set to sign a lease and anchor the downtown Canal Side ... (Source: Buffalo News 2010-07-31T03:46:47Z)

Why is Iran still holding US hikers?

Accused of espionage and of crossing illegally into Iran, which says it has "evidence" of contact with US intelligence agencies, they have been in prison ever since. But the three friends say they were innocent hikers ... (Source: The Christian Science Monitor 2010-07-31T13:33:45Z)

Yankees get Austin Kearns

NEW YORK — The Yankees expect to acquire Lance Berkman from the Houston Astros on Saturday and already worked out a deal to obtain outfielder Austin Kearns from the Cleveland Indians. New York will send a ... (Source: Lexington Herald-Leader 2010-07-31T11:32:04Z)

Obama urges Iran to 'immediately release' three US hikers

A picture obtained from Iran's state-run English-language Press TV shows detained US hikers (from left) Shane Bauer, Sarah Shourd and Josh Fattal in Tehran in May 2010. President Barack Obama called on Iran Friday to ... (Source: AlterNet 2010-07-31T13:26:36Z)

Yankees working on deal for Astros' Berkman

NEW YORK • The Yankees expect to acquire Lance Berkman from the Houston Astros today and already worked out a deal to obtain outfielder Austin Kearns from the Cleveland Indians. New York will send a couple ... (Source: St. Louis Post-Dispatch 2010-07-31T12:43:39Z)

Bengals Reach Deal With TO

A year after they were featured on HBO's "Hard Knocks," the Bengals have scripted their own reality show. T.O. and Ocho. Two self-conscious stars, one NFL team. How will they fit? How will it work? Which receiver will ... (Source: msnbc.com 2010-07-28T18:45:07Z)

Investors pay Disney $660M for Miramax

NEW YORK — The Walt Disney Co. is selling Miramax Films to a group of investors for $660 million, marking a new phase for a studio that helped push independent movies into the mainstream. The deal announced ... (Source: Modesto Bee 2010-07-31T07:00:03Z)

Schlumberger-Smith deal gets Europe Commission OK

The planned acquisition of Smith International Inc. by Schlumberger Ltd., the world's biggest oilfield services company, has received unconditional approval from the European Commission, the companies said Monday. For ... (Source: AP - msnbc.com 2010-07-26T19:23:17Z)

St. Louis Rams ink deal with QB Sam Bradford

St. Louis (KSDK) -- The St. Louis Rams have come to terms with their first-round draft pick, NewsChannel 5's Frank Cusumano has learned. Details on the deal are limited, but the rookie quarterback out of Oklahoma ... (Source: KSDK 2010-07-31T01:59:24Z)

Boyd Gaming gives up on Station Casinos asset auction, says terms unfair to outside ...

Boyd spent 18 months pursuing Station, but Station rejected its advances. Station tried to negotiate new deals with its bondholders but ended up filing for Chapter 11 bankruptcy protection last summer. Station ... (Source: Chicago Tribune 2010-07-30T21:41:42Z)

Disney sells Miramax for $66 million

The Walt Disney Co. is selling Miramax Films to a group of investors for $660 million, marking a new phase for a studio that helped launch the career of Quentin Tarantino and push independent movies into the mainstream ... (Source: msnbc.com 2010-07-31T14:45:20Z)

New York lawmaker urges Bass Pro to close Buffalo deal

BUFFALO, N.Y. (AP) — A New York congressman has given a Missouri-based outdoor equipment retailer an ultimatum to sign a lease by Aug. 1 for a new store that's been the focus of Buffalo's efforts to ... (Source: News-Leader.com 2010-07-21T13:31:18Z)

Sources: Bengals reach deal with Owens

CINCINNATI - A year after they were featured on HBO's "Hard Knocks," the Bengals have scripted their own reality show. T.O. and Ocho. Two self-conscious stars, one NFL team. How will they fit? How will it work ... (Source: Minneapolis Star Tribune 2010-07-28T10:31:12Z)

Disney selling Miramax

The deal announced Friday ends speculation that founders Bob and Harvey Weinstein — who lent the names of their parents, Miriam and Max, to the company — could regain control of the studio they launched more than ... (Source: Daily Oklahoman 2010-07-31T05:05:31Z)

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