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 4, 2010, 8:12 pm

Free agent David Lee visits Timberwolves

What: Fee-agent forward David Lee visited the Timberwolves on Saturday. He averaged 20.3 points and 11.7 rebounds for the New York Knicks last seasons. What it means: If the Wolves were to sign Lee, they would likely ... (Source: Post-Bulletin 2010-07-05T02:08:46Z)

Van Der Sloot Files Lawsuit Against Lawyer and Chief of the Police Homicide Squad

Van der Sloot's confession. The judge upheld the confession causing Altez to file a complaint against Peruvian officials in hopes of having his client's incarceration and confession declared invalid. Altez had previously announced that he would appeal the judge's decision to a higher court and even ... (Source: Associated Content 2010-07-04T03:35:51Z)

Mideast investors eyeing possible deal with BP as oil giant seeks major funding ...

DUBAI, United Arab Emirates (AP) — BP may look to sovereign wealth funds, including in the oil-rich Middle East, to fend off takeover bids amid mounting costs from the Gulf of Mexico oil leak disaster, according to ... (Source: Baltimore Sun 2010-07-04T16:50:25Z)

Chinese Provinces Raise Minimum Wages to Curb Labor Disputes

July 1 (Bloomberg) -- At least nine Chinese provinces and cities will raise minimum wages from today by as much as a third after Premier Wen Jiabao called for measures to head off growing worker unrest in the world's ... (Source: BusinessWeek 2010-06-30T16:26:32Z)

Timberwolves agree on deal with Milicic

MINNEAPOLIS (AP) — Less than five months ago, Darko Milicic was done with the NBA. Carrying the label of one of the biggest busts in draft history, the former No. 2 overall draft pick who was taken ahead of Carmelo ... (Source: FOX News 2010-07-01T21:47:28Z)

Delegation of China's overseas Chinese affairs office visits UAE

A delegation led by a senior official of China's state overseas Chinese affairs office arrived in Abu Dhabi on Friday for a three-day visit to overseas Chinese in the Gulf nation. After his arrival, Ma Rupei, deputy head of the Overseas Chinese Affairs Office of the State Council of China, visited ... (Source: People's Daily Online 2010-07-04T09:19:27Z)

Russian spy arrests offer bit of Cold War nostalgia

Washington — 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: LJWORLD 2010-07-04T16:14:37Z)

Types of Mortgage Loans

Fixed-rate loans. Because they offer a monthly payment that is known and does not change, fixed-rate mortgage loans remain the most popular type. Most fixed-rate mortgages are for loan terms of 15 or 30-years. A 30-year loan has lower payments but a slightly higher interest rate. For all of 2007 ... (Source: Walletpop.com 2010-07-01T23:56:19Z)

Analysis: Democrats uneasy on US-SKorea deal

Supporters contend the deal would strengthen ties with an important U.S. ally at a moment of high tension on the Korean peninsula. The United States wants to bolster Seoul after a South Korean-led international investigation found that a North Korean torpedo sank a South Korean warship in March ... (Source: Charleston Daily Mail 2010-07-03T06:21:40Z)

Wyoming threatens to sell Grand Teton land

MOOSE, Wyo. (AP) — For Sale: Two square miles of Grand Teton National Park. Majestic views of the Teton Range. Prime location for luxury resort, home development. Pristine habitat for moose, elk, wolves, grizzlies ... (Source: Detroit Free Press 2010-07-04T23:52:45Z)

Is there really a Van der Sloot TV Deal?

Could it be true that a network has agreed to a Van der Sloot TV deal? Although there is no proof that anyone has yet signed a contract for exclusive rights to the accused killer's personal story it does appear that Joran van der Sloot is trying yet again to give another "true" version of the ... (Source: Overthelimit.info 2010-07-03T23:25:18Z)

North Korea threatens fight with South

SEOUL (Reuters) - North Korea said on Tuesday it was cutting all ties with the South and threatened its wealthy neighbor with military action over alleged violations of its waters off the west coast. The comments marked a new high in tensions on the divided peninsula after the March sinking of a ... (Source: Reuters 2010-07-04T05:01:45Z)

Canadian Press NewsAlert:Vale reaches tentative deal with USW 6500 and 6200

TORONTO - Vale says it has reached a tentative agreement with the United Steelworkers to end a strike that has lasted nearly a year. The metals miner says the agreement is for a new five-year contract with USW Local 6500 and 6200 representing production and maintenance employees in Sudbury Ont., and ... (Source: Am770chqr.com 2010-07-04T21:29:35Z)

Wyoming governor puts slice of national park on the market

MOOSE, WYO. -- For sale: two square miles of Grand Teton National Park . Majestic views of the Teton Range. Prime location for luxury resort, home development. Pristine habitat for moose, elk, wolves, grizzlies. Price: $125 million. Call: Gov. Dave Freudenthal. Wyoming is trying to force the ... (Source: Washington Post 2010-07-05T02:30:14Z)

Timberwolves reach a deal with Milicic

MINNEAPOLIS -- The Timberwolves agreed to terms with center Darko Milicic and said goodbye to Memphis restricted free agent Rudy Gay before they ever said hello on Thursday, when the NBA's long-awaited free-agency period ... (Source: Sacramento Bee 2010-07-02T02:40:57Z)

North Korea keep check on Key

North Korean soldiers spied on Prime Minister John Key's every move as he toured the area between North and South Korea yesterday. Mr Key arrived in Seoul yesterday morning and was soon on his way to tour the demilitarised zone (DMZ) -- the 4km strip of land between the border of South and North ... (Source: National Business Review 2010-07-04T20:03:41Z)

Dubai World reshuffles business units

Dubai's media office said in a statement dated Saturday that Dubai World's Nakheel division will assume management responsibility for the conglomerate's Limitless unit. The company also named a new board at another ... (Source: Today's Zaman 2010-07-04T23:31:17Z)

Nakheel to handle property unit Limitless

DUBAI: A committee overseeing state-owned conglomerate Dubai World, which is in a deal with core lenders to restructure $23.5 billion in debt, has handed responsibility of property unit Limitless to Nakheel, Dubai said ... (Source: Lebanon Daily Star 2010-07-04T20:53:48Z)

Mortgage rates scream buy, but is anybody listening?

An odd scene has been playing out lately in the offices of mortgage brokers and bankers around the country. Mortgage rates have sunk to levels not seen in more than a half-century - a seductive 4.58 percent for an ... (Source: Globe Gazette 2010-07-04T22:34:01Z)

Mideast investors eyeing possible deal with BP as oil giant seeks major funding, reports say

BP may look to sovereign wealth funds, including in the oil-rich Middle East, to fend off takeover bids amid mounting costs from the Gulf of Mexico oil leak disaster, according to reports published Sunday. The National, an Emirati newspaper, cited unnamed "informed sources" in the region saying that ... (Source: Newser 2010-07-04T16:14:37Z)

Chinese Provinces to Raise Minimum Wages to Head Off Growing Labor Unrest

At least nine Chinese provinces and cities will raise minimum wages from today by as much as a third after Premier Wen Jiabao called for measures to head off growing worker unrest in the world's third-largest economy ... (Source: Bloomberg 2010-06-30T16:26:32Z)

Drilling off Cuba could be sticky proposition

Despite the warnings of Dick Cheney, George Will, Rush Limbaugh and Fox News, the Russians are not drilling for oil off Cuba. Neither are the Chinese. In fact, no one - not even Cuba - is drilling for oil off Cuba. The pesky and persistent rumor, bubbling back up with the Deepwater Horizon disaster ... (Source: Palm Beach Interactive 2010-07-05T02:15:55Z)

Mortgage rates are a screaming buy. So where are the bargain-hunters?

An odd scene has been playing out lately in the offices of mortgage brokers and bankers around the country. Mortgage rates have sunk to levels not seen in more than a half-century — a seductive 4.58 percent for an average 30-year fixed loan. Yet brokers and lenders report not a flood but a trickle ... (Source: Chicago Tribune 2010-07-03T16:01:30Z)

Man Sought in Armed Robbery in Doylestown

Doylestown Township police are searching a man involved in an armed robbery at a shopping center Sunday. It happened around 4:05 p.m. at the Game Stop store in the Doylestown Pointe shopping center at 1661 Easton Road. Police say the suspect pulled out a silver-colored revolver with light-colored ... (Source: NBC Philadelphia 2010-07-05T00:07:04Z)

Mideast buyers reported to be eyeing BP investment

BP may be looking to sovereign wealth funds in the oil-rich Middle East to fend off takeover bids amid mounting costs from the Gulf of Mexico oil leak disaster, according to reports published Sunday. The National, an ... (Source: AP - msnbc.com 2010-07-04T18:59:16Z)

U.S. wary of Beijing's nuclear sale to Pakistan

The Obama administration wants China to obtain an exemption from an international nonproliferation group before lifting its opposition to Beijing's proposed sale of nuclear power reactors to Pakistan. Such an exemption ... (Source: Washington Times 2010-07-01T00:54:46Z)

Spy arrests offer a bit of Cold War nostalgia

WASHINGTON — 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: Deseret News 2010-07-04T02:31:25Z)

Essay: Spy arrests offer bit of Cold War nostalgia

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 familiar, ensconced ... (Source: The Guardian 2010-07-05T00:14:14Z)

BP aims to raise $9bn from sale of South American assets to China

Workers use a vacuum hose to clean up a beach in Louisiana polluted by the Deepwater Horizon oil spill. Photograph: Joe Raedle/Getty Images Russian management of the TNK-BP joint venture, based in Moscow, has also said that it would like to buy more assets from the beleaguered company in other parts ... (Source: The Guardian 2010-06-30T23:57:30Z)

Navy spokesman says 12 foreign sailors taken hostage by pirates have been safely released

Van der Sloot files suit against first lawyer, charging him with posing as public defender - Joran van der Sloot has sued the lawyer who represented him during a police interrogation on the day that authorities say the Dutchman confessed to killing a Peruvian woman, his current attorney said ... (Source: Minneapolis Star Tribune 2010-07-04T14:27:15Z)

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