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Deals of the Hour / July 8, 2010, 4:12 pm

Gay signs five-year deal to stay in Memphis

MEMPHIS, Tenn. — The Grizzlies serenaded Rudy Gay on Thursday even though he had already agreed to remain in Memphis. But before he actually signed the five-year contract on Thursday at the FedExForum, he watched a ... (Source: Houston Chronicle 2010-07-08T22:29:16Z)

DC Attorney Claims He Is LeBron James' Father

WASHINGTON - 55-year-old Leicester Bryce Stovell has filed a lawsuit seeking to prove that he is the father of NBA star LeBron James. Stovell says he is serious. He is a D.C. attorney who graduated from Princeton and worked for the Securities and Exchange Commission. He claims he met James' mother ... (Source: Myfoxdc.com 2010-07-08T22:29:16Z)

Netflix to offer more online movies with $100M Relativity buy

Netflix Inc. is snatching away several movies a year that would have gone to pay TV outlets such as HBO or Showtime , under a deal with film financier Relativity Media LLC announced Tuesday. The deal, worth more than $ ... (Source: New York Daily News 2010-07-07T14:30:51Z)

Venus Williams: LeBron should sign in Miami

WASHINGTON - Venus Williams says LeBron James would look good in a Miami Heat uniform. Williams spoke at the National Press Club on Wednesday promoting her new book and James was one of the topics she touched on during a ... (Source: Metronews.ca 2010-07-08T02:48:09Z)

Durant says he's reached 5-year deal with Thunder

OKLAHOMA CITY -- Kevin Durant says he's reached a deal on a five-year contract extension with the Oklahoma City Thunder. On his Twitter page Wednesday, Durant said that "God Is Great, me and my family came a long way ... (Source: Forbes 2010-07-07T15:20:57Z)

Israeli Official Cites U.S. Nuclear Technology Offer (Update2)

July 8 (Bloomberg) -- The U.S. is willing to cooperate with Israel on civilian nuclear technology, Finance Minister Yuval Steinitz said today, calling it a major achievement of Prime Minister Benjamin Netanyahu's ... (Source: BusinessWeek 2010-07-08T21:24:51Z)

NBA Free Agency: Kevin Durant vs. LeBron James, Only One Gets It Right

Even though Kevin Durant and LeBron James didn't enter the NBA in the same draft or follow the same path to the NBA, they share a few things in common. Both entered the NBA as teenagers. Both have lived up to their ... (Source: Bleacherreport.com 2010-07-08T16:59:59Z)

UPDATE 3-Netflix signs movie deal with Relativity Media

LOS ANGELES, July 6 (Reuters) - Netflix Inc ( NFLX.O ) has struck a deal with Relativity Media LLC to screen its movies ahead of pay-TV channels for the first time, putting it in competition with the likes of Time Warner ... (Source: Reuters 2010-07-07T05:05:21Z)

James Dolan sent Isiah Thomas to make the New York Knicks' last pitch to LeBron James

Isiah Thomas is still James Dolan 's most trusted NBA expert. Dolan dispatched Thomas, the Knicks ' former team president, to Akron on Wednesday to make one last pitch to LeBron James . Radio personality Stephen A. Smith ... (Source: New York Daily News 2010-07-08T22:50:45Z)

Rudy Gay, Grizzlies agree on max deal, source says

Rudy Gay landed the first max deal of the summer while LeBron James, Dwyane Wade and the rest of the star-studded free-agent class mulled over offers from NBA suitors. Gay agreed to a five-year contract Thursday that ... (Source: Detroit News 2010-07-02T03:02:26Z)

Pakistan president to sign trade deals with China

Pakistan President Asif Ali Zardari will sign agreements with China on business and trade during a visit to Beijing that kicked off on Wednesday, according to China's Foreign Ministry. But both sides were mum on whether ... (Source: AP - msnbc.com 2010-07-07T07:28:31Z)

Venus Williams: LeBron Would Look Good In Miami

WASHINGTON (AP) -- Venus Williams says LeBron James would look good in a Miami Heat uniform. Williams spoke at the National Press Club on Wednesday promoting her new book and James was one of the topics she touched on during a question-and-answer session. The Palm Beach Gardens, Fla., resident ... (Source: WUSA 2010-07-08T01:58:03Z)

Netflix inks movie deal with Relativity Media

(Reuters) - U.S. DVD rental service Netflix Inc said it has signed a deal with media company Relativity Media LLC to stream major theatrical movies to Netflix customers before they are shown on premium pay-television ... (Source: Reuters 2010-07-06T11:40:14Z)

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)

EADS submits tanker bid as Boeing readies Everett for win

Airbus parent company EADS submitted its proposal for the U.S. Air Force aerial refueling tanker to the Pentagon Thursday, a day ahead of the deadline for submissions. Boeing is expected to submit its proposal Friday, and both sides are preparing for a win. EADS said it will move its tanker program ... (Source: Seattle Times 2010-07-08T21:10:32Z)

LeBron James Decision: Picking Miami Heat & Dwyane Wade Kills New York Knicks

Has there ever been anyone with this much of a stranglehold on an entire sport? Even Tiger Woods doesn't attract news like LeBron has of late. Fortunately, Woods still attracts more Medusa-esque women than James, so he ... (Source: Bleacherreport.com 2010-07-08T22:00:38Z)

LeBron James' summer just got a little more stressful

You know, not everything has been giggles and TV shows for LeBron James (notes) this summer. Sure, it has mostly been those things, but not completely. For one, his reputation has taken a pretty big hit with all of his ... (Source: YAHOO! 2010-07-08T20:06:06Z)

Obama urges Israel to seize chance for peace

JERUSALEM — U.S. President Barack Obama said in a rare interview with an Israeli television station he thought it may be possible to achieve a Middle East peace deal in the next few years and urged Israel to seize the ... (Source: msnbc.com 2010-07-08T18:47:22Z)

PA rejects call for unconditional direct talks

Following his meeting with US President Barack Obama on Tuesday, Netanyahu called on Palestinian President Mahmoud Abbas to meet him and move from the current US-mediated "proximity talks" to face-to-face negotiations on Palestinian statehood. "We reject the call," chief Palestinian ... (Source: Arab News 2010-07-08T20:49:03Z)

Sam's Club® Tests Online Small Business Loan Program for Main Street

Bentonville, AR ( PRWEB ) July 8, 2010 -- Existing small business owners and entrepreneurs with hopes of starting up continue to seek access to capital in the form of bank loans, yet are still struggling to land credit. Only half of small businesses that tried to borrow last year got all or most of ... (Source: PRWeb 2010-07-08T20:49:03Z)

Gregoire, Murray offer support for Boeing tanker

Politicians and aerospace workers are rallying in support of Boeing's expected bid for the U.S. Air Force airborne tanker contract. Politicians and aerospace workers are rallying in support of Boeing's expected bid for the U.S. Air Force airborne tanker contract. Bids are expected Friday from Boeing ... (Source: Seattle Times 2010-07-08T20:13:16Z)

Summary Box: Wal-Mart's Sam's Club warehouse chain will offer business loans to members

THE NEWS: Wal-Mart's Sam's Club chain is teaming up with a lender to offer loans of up to $25,000 to its small business members. THE BACKDROP: Wal-Mart has made several moves to offer bank-like financial services to customers, in part to help them spend. It also comes as the retailer tries to ... (Source: Minneapolis Star Tribune 2010-07-05T23:58:44Z)

In Federal Suit, D.C. Lawyer Claims LeBron James Is His Son

A Washington, D.C., lawyer says he believes he is the father of basketball star LeBron James, and he has filed suit in federal court alleging a scheme to cover up paternity. In a complaint filed June 23, Leicester Bryce Stovell says he has been trying to determine paternity since 2007, at one point ... (Source: Law.com 2010-07-08T21:39:10Z)

Rudy Gay, Memphis Grizzlies agree on max deal

Rudy Gay landed the first max deal of the summer while LeBron James, Dwyane Wade and the rest of the star-studded free agent class mulled over offers from NBA suitors. Gay agreed to a five-year contract on Thursday that ... (Source: Washington Post 2010-06-30T23:57:30Z)

Sam's Club gets into the loan business

Sam's Club , the membership discount warehouse division of Walmart Stores Inc. , is testing an online program with Superior Financial Group to make loans of $5,000 to $25,000 to its member small businesses that qualify. Borrowers don't have to spend the money at Sam's Club. It's the newest attempt ... (Source: Orange County Register 2010-07-06T23:57:32Z)

Venus Williams: LeBron James Would Look Good In Miami

WASHINGTON — Venus Williams says LeBron James would look good in a Miami Heat uniform. Williams spoke at the National Press Club on Wednesday promoting her new book and James was one of the topics she touched on during a question-and-answer session. The Palm Beach Gardens, Fla., resident endorsed ... (Source: Huffingtonpost.com 2010-07-08T18:11:34Z)

Billons and beer for LeBron James as NBA free agent gets boombarded with contract offers

NBA free agent LeBron James is poised to reveal his future plans after being bombarded with contract offers of at least £63million - plus free beer for life. The 25-year-old is out of contract with his local team the Cleveland Cavaliers, who still hope to re-sign the superstar on a massive £80m ... (Source: Daily Mirror 2010-07-08T18:18:44Z)

Pakistan president woos Chinese energy investment

BEIJING (AP) -- Pakistan's president appealed Wednesday for Chinese help in developing his country's stagnant energy sector, pointing to nuclear power as one growth area but making no public mention of a deal with China ... (Source: Associated Press 2010-07-08T07:41:39Z)

Kevin Durant reaches deal with Oklahoma City

Kevin Durant didn't go for a spectacle in announcing where he'll be for the next five years. Instead, Durant simply posted an update on his Twitter page Wednesday, saying he'd agreed to a five-year contract extension ... (Source: St. Louis Post-Dispatch 2010-07-08T05:04:10Z)

EADS Submits Tanker Bid One Day Ahead of Deadline

(MOBILE, Ala.) - EADS North America has submitted its bid for the $40 Billion tanker contract today, one day ahead of the deadline. EADS announced in April it would move forward with the tanker bid, after parter Northrop Grumman pulled out of the contest. EADS and Boeing have been in a tight battle ... (Source: msnbc.com 2010-07-08T21:32:00Z)

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