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Deals of the Hour / August 11, 2010, 5:40 pm

Wendy's/Arby's signs deal for eastern Caribbean

Wendy's/Arby's Group Inc. isn't taking a breather as it mounts an international expansion. The Atlanta-based restaurant company, whose Wendy's operations are headquartered in Dublin, said Wednesday ... (Source: Columbus Business Journal 2010-08-11T13:56:30Z)

Arbitrator: NHL correct in voiding Kovalchuk, Devils deal

Ilya Kovalchuk is back on the free-agent market, and talking already. An arbitrator ruled Monday that the NHL acted correctly in voiding Kovalchuk's landmark $102 million contract with the Devils . The league had ... (Source: CBS Sports 2010-08-10T09:18:31Z)

Guantanamo jury, unaware of secret term limit, recommends 14 years in prison for al ...

GUANTANAMO BAY NAVAL BASE, Cuba (AP) — A Guantanamo jury recommended a 14-year sentence Wednesday for an al-Qaida cook, though its decision may be overruled by a plea bargain that will limit the time he ... (Source: Los Angeles Times 2010-08-11T22:24:44Z)

General Motors Co.'s CEO expects good demand for GM shares but doesn't announce date for IPO

TRAVERSE CITY, Mich. (AP) — General Motors CEO Ed Whitacre says he is optimistic there will be good demand for GM's stock when the company sells shares to the public, but he gave no timetable for the sale ... (Source: Chicago Tribune 2010-08-05T16:48:15Z)

Wendy's/Arby's Group Inc. to open 180 dual-branded restaurants in Russia in next 10 ...

ATLANTA (AP) — Wendy's/Arby's Group plans to open 180 dual-branded Wendy's and Arby's restaurants in Russia over the next 10 years. The company's international affiliate signed a deal with Wenrus Restaurant ... (Source: Chicago Tribune 2010-08-10T13:14:44Z)

Netflix And Epix Reach Deal

, a leading online rental provider, has reached a deal with EPIX, an on demand movie company. It's a multi-year deal that covers the movie licensing. netflix is paying $1 billion for the deal. The deal says ... (Source: Overthelimit.info 2010-08-11T23:00:32Z)

NBA Rumors: New York Knicks To Terminate Deal With Isiah Thomas

The New York Times reports that the deal between the New York Knicks and Isiah Thomas is to be called off. Thomas, who had signed on to be a part-time Consultant for the New York Knicks, will reportedly not be taking the ... (Source: Bleacherreport.com 2010-08-11T23:29:10Z)

Basketball: Tolliver's video spoof gets playing time

MINNEAPOLIS — If Anthony Tolliver's basketball career doesn't pan out, maybe he can turn to Hollywood for Plan B. He already has a hit video on his résumé. Tolliver's spoof on LeBron James' much-maligned ESPN special ... (Source: Omaha World-Herald 2010-08-12T00:19:16Z)

Dodgers pound Phillies

Los Angeles Dodgers' Scott Podsednik, left, collides with Philadelphia Phillies catcher Carlos Ruiz to score on a single by Dodgers' James Loney in the fourth inning of a baseball game, Tuesday, Aug. 10, 2010 ... (Source: Trentonian 2010-08-11T05:21:06Z)

Dodgers outslug Phillies 15-9

The Dodgers had 18 hits, eight against starter Kyle Kendrick (7-5), who lasted only 3 1-3 innings. The top four hitters in the batting order - Scott Podsednik, Ryan Theriot, Ethier and James Loney - had 11 hits and ... (Source: KABC 2010-08-11T03:33:44Z)

Here's Isiah Thomas' statement on Knicks

Statement by Isiah Thomas on Knicks Contract "After speaking with Commissioner Stern and Knicks executives, it has become apparent that my new agreement violates certain NBA bylaws. Because of this, I have decided to ... (Source: Newsday 2010-08-11T23:36:19Z)

David Stern's statement on Isiah Thomas and Knicks

From NBA commissioner David Stern: "We have been informed by the Knicks that Isiah Thomas has rescinded hisconsulting agreement with the team. As a result, it is not necessary forthe league to take any formal action on ... (Source: Newsday 2010-08-11T23:57:48Z)

Done deal: Minnesota Timberwolves finalize Anthony Tolliver signing

The Timberwolves completed negotiations Monday with free agent Anthony Tolliver , signing the 6-foot-8 forward to a reported two-year deal worth $4.8 million. Tolliver, 25, averaged 12.3 points and 7.3 ... (Source: FOXSports.com 2010-08-11T02:50:47Z)

Gitmo jury recommends 14 years for al-Qaeda cook

Ibrahim Ahmed Mahmoud al-Qosi of Sudan pleaded guilty last month to supporting terrorism, making him only the fourth Guantanamo detainee to be convicted since the prison, which has held nearly 800 men, was ... (Source: USA Today 2010-08-11T22:17:35Z)

EPIX and Netflix Announce Exclusive Internet-Only Deal to Instantly Stream EPIX ...

EPIX™ and Netflix, Inc. [Nasdaq: NFLX] today announced an agreement through which Netflix members can instantly watch an array of new releases and library titles from EPIX streamed over the Internet from Netflix ... (Source: Melodika.net 2010-08-11T18:07:02Z)

Minnesota Timberwolves: Anthony Tolliver signs

The Minnesota Timberwolves officially signed 6-foot-8 free-agent forward Anthony Tolliver to a deal reportedly worth $4.8 million over two years. Tolliver, 25, averaged 12.3 points and 7.3 rebounds in 44 games ... (Source: Pioneer Press 2010-08-09T20:46:54Z)

What the KHL is offering Ilya Kovalchuk after NHL contract rejection

After Tuesday's decision to uphold NHL's rejection of Ilya Kovalchuk's (notes) contract with the New Jersey Devils , the talk in Russia of KHL's SKA restating its interest in the Russian forward began yet again. KHL's ... (Source: YAHOO! 2010-08-11T23:57:48Z)

Devils working on new deal to re-sign forward Ilya Kovalchuk

The New Jersey Devils are working on another deal to sign Ilya Kovalchuk. Less than 24 hours after an arbitrator ruled that the NHL acted correctly in voiding Kovalchuk's landmark $102 million contract with New Jersey ... (Source: Washington Examiner 2010-08-11T18:07:02Z)

Gitmo detainee to avoid solitary in plea deal

Lieutenant Colonel Jon Jackson, Pentagon-appointed defense lawyer for Canadian citizen Omar Khadr, speaks to reporters at Guantanamo Bay, Cuba, on Sunday, Aug. 8, 2010. Khadr, 23, is due to stand trial for war crimes ... (Source: Times Union 2010-08-10T00:21:39Z)

Ex-swimmer sues coach, USA Swimming over alleged sexual abuse, misconduct

SAN JOSE, Calif. - The governing body of U.S. competitive swimming is facing another lawsuit claiming it did not protect a young swimmer from being sexually abused by her coach. The lawsuit announced Wednesday ... (Source: Minneapolis Star Tribune 2010-08-11T19:32:56Z)

Zimbabwe Begins Sale of Controversial Diamonds

Zimbabwe has begun selling millions of dollars of rough diamonds mined from an area where rights groups say the military killed some 200 people and forced villagers into hard labor. The sale Wednesday came after the ... (Source: Voice of America 2010-08-11T19:04:18Z)

Zimbabwe gem sale stirs 'blood diamond' fears

JOHANNESBURG — Zimbabwe auctioned 900,000 carats of rough gems Wednesday from a diamond field where human rights groups say soldiers killed 200 people, raped women and enslaved children. It was the first public sale of ... (Source: WRAL 2010-08-11T22:24:44Z)

Dodgers bombard Phillies with 18-hit outburst

PHILADELPHIA - Andre Ethier had four hits, scored four runs and reached base six times, and Casey Blake and Jay Gibbons hit home runs to lead the Los Angeles Dodgers to a 15-9 battering of the Philadelphia ... (Source: Reading Eagle 2010-08-11T04:16:41Z)

Netflix in Deal with EPIX

Under the agreement, Netflix will stream movies online to its subscribers from EPIX's library and new releases from Paramount, Lionsgate and MGM, beginning September 1, 2010. Netflix subscribers will be able to see ... (Source: Zacks.com 2010-08-11T17:52:43Z)

Wendy's/Arby's International Signs Restaurant Development Deal for Trinidad and ...

ATLANTA - (Business Wire) Wendy's/Arby's International, a subsidiary of Wendy's/Arby's Group, Inc. (NYSE:WEN) today announced the signing of a long-term restaurant development agreement that will give ... (Source: Earthtimes 2010-08-11T12:59:14Z)

California coach, USA Swimming sued over alleged abuse

SAN JOSE, Calif. — A California woman sued the governing body of U.S. competitive swimming and her former coach, claiming he sexually abused, humiliated and harassed her when she was a teenager training ... (Source: Deseret News 2010-08-11T23:36:19Z)

GM CEO expects good demand for automaker's shares

TRAVERSE CITY, Mich. -- General Motors CEO Ed Whitacre says he is optimistic there will be good demand for GM's stock when the company sells shares to the public, but he gave no timetable for the sale. He says General ... (Source: Forbes 2010-08-05T17:16:53Z)

Calif. Coach, USA Swimming Sued In Sex Abuse Claim

The governing body of U.S. competitive swimming faces another lawsuit claiming it did not protect a young swimmer from being sexually abused by her coach. The lawsuit announced Wednesday in San Jose accuses USA Swimming ... (Source: KPIX 2010-08-11T20:30:12Z)

Zimbabwe sells 3.6 million carats of controversial diamonds at auction after sale ...

HARARE, Zimbabwe (AP) — Zimbabwe began selling millions of carats of rough diamonds Wednesday that were mined from an area where human rights groups say soldiers killed 200 people, raped women and forced children into ... (Source: WHNT-TV 2010-08-11T14:03:39Z)

GM IPO will sell all stock at once, says CEO

Some experts had expected General Motors Co. to sell only a partial stake at first, followed by several smaller sales, but Ed Whitacre told reporters at an auto conference Thursday, "Our anticipation is we'd ... (Source: The Christian Science Monitor 2010-08-09T17:04:59Z)

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