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 / August 12, 2010, 1:40 am

NAR Says Q210 Prices Up 1.5% as More Metros See Gains

The national median existing home sales price was increased slightly in Q210 compared to the same quarter a year ago, as 100 of 155 markets the National Association of Realtors (NAR) tracks experienced year ... (Source: Housing Wire 2010-08-11T16:48:18Z)

Digest: Arbitrator upholds NHL decision to void Ilya Kovalchuk's contract with New ...

Ilya Kovalchuk is back on the free-agent market after an arbitrator ruled Monday that the NHL acted correctly in voiding Kovalchuk's landmark $102 million contract with the New Jersey Devils, saying the 17 ... (Source: Inside Bay Area 2010-08-10T04:03:33Z)

Shopping tag team: Mall deal rewards smart-phone owners

NEW YORK — The nation's biggest mall operator is teaming up with a Silicon Valley startup to reward smart-phone-equipped shoppers for walking into its shopping centers. The partnership between Simon ... (Source: Biloxi Sun Herald 2010-08-12T07:43:05Z)

Block of US-Russia civil nuke deal unlikely

Whatever their misgivings about Russia, members of Congress appear unlikely to block a deal that would allow U.S. companies to export nuclear technology to America's former Cold War rival. The probable smooth passage of ... (Source: AP - msnbc.com 2010-08-12T05:12:46Z)

Mall deal boosts cell-phone coupons

NEW YORK -- The nation's biggest mall operator is teaming with a Silicon Valley startup to reward smartphone-equipped shoppers for walking into its shopping centers. The partnership between Simon Property ... (Source: Memphis Commercial Appeal 2010-08-12T05:12:46Z)

Opponents of Boston Catholic-Hospital Sale Appeal to Pope

Catholic critics of the planned sale of a Boston-area chain of church-affiliated hospitals to a private-equity firm have asked Pope Benedict XVI to intervene in the deal, says The Boston Globe . In a letter sent ... (Source: Chronicle of Philanthropy 2010-08-11T17:02:37Z)

Blockage of US-Russia civil nuclear deal unlikely

Despite misgivings about Russia, Congress appears unlikely to block a deal that would allow U.S. companies to export nuclear technology to America's former Cold War rival. The probable passage of the civil nuclear ... (Source: Salon 2010-08-12T07:07:18Z)

Giant clock is readied in Mecca for Ramadan

RIYADH, Saudi Arabia -- Saudi Arabia will test what it is billing as the world's largest clock in the holy city of Mecca during the Muslim fasting month of Ramadan, which begins today, the official news agency ... (Source: News-Democrat 2010-08-11T09:24:29Z)

Google teams with DirecTV on ads

The search giant made a deal with satellite TV provider DirecTV (NMS:DTV) to sell commercial ads. Google (NMS:GOOG) will sell both day and primetime ads for Bloomberg, Fox Business, Centric, Fuel, G4, Current, Ovation ... (Source: Yahoo Finance 2010-08-11T22:17:35Z)

Group asks Pope to stop sale of Boston's Catholic health-care system

A coalition of lay Catholics has appealed to Pope Benedict XVI to block the sale of Boston's Catholic health-care system to a secular corporation. The Coalition to Save Catholic Health Care, in a letter to the Pontiff ... (Source: Catholic Culture 2010-08-11T20:37:22Z)

John Rooney, younger brother of English star Wayne Rooney, on trial with Seattle ...

TUKWILA, Wash. (AP) — The younger brother of English striker Wayne Rooney is currently on trial with Major League Soccer's Seattle Sounders. The team has confirmed that 19-year-old John Rooney is practicing ... (Source: Chicago Tribune 2010-08-12T07:43:05Z)

US Pending Home Sales Fall Again In June - NAR

WASHINGTON -(Dow Jones)- U.S. pending home sales fell again in June because of the removal of a government subsidy for buyers, according to a trade group that lowered its estimate slightly for prices. The National ... (Source: NASDAQ 2010-08-03T14:20:18Z)

Searing summer heat adds hardship to Ramadan fasting for Muslims in Middle East

Gaza City, Gaza Strip: Hundreds of millions of Muslims across the Middle East are sweating their way through the start of Ramadan, beginning a month-long daylight fast in sweltering summer heat. With ... (Source: NDTV 2010-08-12T06:02:52Z)

GM Said to Aim for Up to $16 Billion in Stock Sale

(Updates with fund manager's comments in fourth paragraph.) Aug. 12 (Bloomberg) -- General Motors Co., the automaker 61 percent owned by the U.S., is seeking to raise $12 billion to $16 billion in an initial ... (Source: BusinessWeek 2010-08-12T06:38:40Z)

GM ties up $5 bln bank deal, IPO filing Fri: sources

NEW YORK (Reuters) - General Motors Co has secured a $5 billion credit facility, two people briefed on the bank deal said on Wednesday, marking the return of the top U.S. automaker to the capital markets a ... (Source: Reuters 2010-08-12T05:41:24Z)

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 their interest in the Russian forward began yet again. KHL's ... (Source: YAHOO! 2010-08-12T03:11:04Z)

Sale price for existing homes up 5.5%

DAYTON — The median sales price for existing homes in the Dayton metro area grew 5.5 percent in the second quarter, the National Association of Realtors said Wednesday, Aug. 11. The median sales price in Greene, Miami ... (Source: Dayton Daily News 2010-08-11T16:12:30Z)

GM Ties up $5 Billion Bank Deal, IPO Filing Friday: Sources

NEW YORK (Reuters) - General Motors Co has secured a $5 billion credit facility, two people briefed on the bank deal said on Wednesday, marking the return of the top U.S. automaker to the capital markets a ... (Source: ABC News 2010-08-12T05:48:33Z)

Local airlines add Saudi flights for Ramadan

Dubai UAE carriers have increased their services to Saudi Arabia during Ramadan, when large numbers of pilgrims fly to Makkah and Madina to perform Umrah. Emirates is adding 129 services to and from Saudi Arabia in ... (Source: Zawya.com 2010-08-12T05:34:14Z)

Muslims in Mideast begin Ramadan in heat of summer

GAZA CITY, Gaza Strip — Over a billion Muslims in the Middle East and around the world have begun observing the holy month of Ramadan — a period devoted to prayer and dawn-to-dusk fasting. This year's ... (Source: msnbc.com 2010-08-12T06:52:59Z)

Heat adds more hardship to Ramadan observance

GAZA CITY, Gaza Strip - Hundreds of millions of Muslims across the Middle East sweated their way through the start of Ramadan on Wednesday, beginning a monthlong daylight fast in sweltering summer heat. With ... (Source: Philadelphia Daily News 2010-08-12T07:14:27Z)

Foes of Caritas Christi sale to Cerberus Capital ask pope to kill deal

A Catholic group that opposes the sale of Caritas Christi Health Care to Cerberus Capital Management, a capital equity firm, was so riled by the possibility that Caritas might go secular--performing abortions ... (Source: FierceHealthcare 2010-08-11T16:12:30Z)

Bruins: NHL eyes Marc Savard's deal

I t appears as though arbitrator Richard Bloch's ruling in favor of the NHL rejection of Ilya Kovalchuk's mammoth free agent contract with the New Jersey Devils could have some far reaching effects, and the tremors ... (Source: Boston Herald 2010-08-12T04:08:20Z)

Townhall News Blockage of US-Russia civil nuclear deal unlikely

Despite misgivings about Russia, Congress appears unlikely to block a deal that would allow U.S. companies to export nuclear technology to America's former Cold War rival. The probable passage of the civil ... (Source: Town Hall 2010-08-12T07:00:08Z)

Google to Sell Ads on DirecTV

Google Inc. on Wednesday announced a deal to sell advertising on cable channels available on DirecTV, in a move that helps the Silicon Valley Internet company further broaden the reach of its ads. The deal is ... (Source: Wall Street Journal 2010-08-12T04:15:30Z)

Rooney (not that one) tryout

TUKWILA – A couple of teenagers drew close looks Wednesday as Sounders FC continued training for its Saturday night game at Chivas USA. Sharing the pitch at Starfire Sports Complex were 19-year-olds Miguel ... (Source: Olympian 2010-08-12T07:07:18Z)

Muslim holy month of Ramadan begins

AFP/File – Muslim men read the Koran, Islam's holy book in a mosque in Dubai. Nearly a billion and a half Muslims … 2 mins ago CAIRO (AFP) – Nearly a billion and a half Muslims worldwide this week begin ... (Source: YAHOO! 2010-08-08T07:47:50Z)

Rooney (not that one) gets a tryout

TUKWILA – A couple of teenagers drew close looks Wednesday as Sounders FC continued training for its Saturday night game at Chivas USA. Sharing the pitch at Starfire Sports Complex were 19-year-olds Miguel ... (Source: Tacoma News Tribune 2010-08-12T07:14:27Z)

Simon mall deal gives big boost to cell-phone coupons

NEW YORK -- The nation's biggest mall operator is teaming up with a Silicon Valley startup to reward smart-phone-equipped shoppers for walking into its shopping centers. The partnership between Simon Property ... (Source: Star-Press 2010-08-12T07:21:37Z)

Google In Ad Deal with DirecTV

DirecTV and Google have entered into an ad sales partnership involving Google TV ads, the companies said today. Under the deal, Google will become the sales representative for a broad selection of advertising ... (Source: WebProNews 2010-08-11T14:46:36Z)

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