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Deals of the Hour / August 16, 2010, 12:40 pm

Ashjian announces re-launch of U.S. Senate campaign

Tea Party of Nevada Senate candidate Scott Ashjian has announced that he will continue his bid for the U.S. Senate. He will face incumbent Democratic Majority Leader Harry Reid and GOP nominee Sharron Angle. Ashjian will ... (Source: msnbc.com 2010-08-15T17:40:49Z)

Gasoline prices rise to about $2.77 a gallon

NEW YORK (Reuters) - The average price for a gallon of gasoline in the United States rose in the last three weeks but is expected to fall again, as a decline in the price of crude oil trickles down to the pump ... (Source: Reuters 2010-08-16T11:41:43Z)

Why Harry Reid can't seem to put Sharron Angle in the rearview mirror

Why Harry Reid can't seem to put Sharron Angle in the rearview mirror Senate majority leader Harry Reid is virtually tied with 'tea party' iconoclast Sharron Angle in their Senate race, according to a new ... (Source: The Christian Science Monitor 2010-08-13T18:47:37Z)

Abu Dhabi's Aabar gets shareholder nod to go private; fund has stakes in Daimler ...

DUBAI, UNITED ARAB EMIRATES — The Abu Dhabi investment fund with the biggest stake in automaker Daimler says its shareholders have approved its plan to go private. Aabar Investments said in a regulatory filing Monday ... (Source: Washington Examiner 2010-08-16T09:11:24Z)

American Tyler Farrar wins Hamburg Cyclassics for 2nd year in row

HAMBURG, Germany — Tyler Farrar of the United States has won the Hamburg Cyclassics ProTour cycling race for the second year in a row. Farrar won a mass sprint ahead of Edvald Boasson Hagen of Norway and Andre Greipel ... (Source: Republic 2010-08-15T16:14:55Z)

Barrick releases mine victims' names

ELKO — Barrick Gold of North America late Saturday released the names of the two miners who died at the underground Meikle Mine — Daniel Patrick Noel, 47, and Ethan Joel Schorr, 38, both of Spring Creek. Noel and ... (Source: Elko Daily Free Press 2010-08-16T05:43:48Z)

Gas prices up about 4 cents in 3-week span

CAMARILLO, CA (AP) - A new survey finds the average price of regular gasoline in the United States has gone up 3.86 cents in the last three weeks. The Lundberg Survey of fuel prices released Sunday says the price of a ... (Source: Kait 8 2010-08-16T11:41:43Z)

WTO raps EU over electronic duties 

A World Trade Organization panel gave broad backing on Tuesday to the United States, Japan and Taiwan in their complaint over controversial European duties on electronics products, and told Brussels to bring its trade ... (Source: ONE News 2010-08-16T19:12:42Z)

WTO rules against EU on hi-tech duties

GENEVA (AFP) – The World Trade Organization has backed the United States, Japan and Taiwan in their complaint against EU duties on high-technology products, according to a ruling published Monday. "Having ... (Source: YAHOO! 2010-08-16T16:13:44Z)

Medco to acquire United BioSource for $710M

Medco Health Solutions Inc., the largest pharmacy benefits manager by revenue in the United States, has agreed to buy closely held United BioSource Corp. for $730 million in an all-cash deal. Medco operates an automated ... (Source: Ibj.com 2010-08-16T13:57:44Z)

Barrick Deals With Nevada Mining Accident

ELKO COUNTY, Nev. (TheStreet) -- Barrick Gold ( Symbol : ABX ) has shut down its Meikle underground mine as it investigates a possibly deadly accident that occurred Thursday morning. Details remain fuzzy, but around 1:15 ... (Source: Inside Fidelity 2010-08-13T15:27:11Z)

Investors OK Abu Dhabi fund's privatization plan

DUBAI, United Arab Emirates - The Abu Dhabi investment fund with the biggest stake in automaker Daimler says its shareholders have approved its plan to go private. Aabar Investments said in a regulatory filing ... (Source: CNBC 2010-08-16T09:04:14Z)

The return of Scott Ashjian: Tea Party of Nevada Senate hopeful reappears

In an error-filled news release, the possible spoiler attacks Sharron Angle and Harry Reid and says he's in it to win it. He also refers to them as "Ried" and "Angel," and he seems to have an affinity for all ... (Source: Las Vegas Sun 2010-08-10T21:57:17Z)

Medco Health Buying United BioSource for $730 Million

Medco Health Solutions Inc. (NYSE: MHS) has agreed to acquire United BioSource , a Bethesda, Md.-based scientific and medical affairs organization. The all-cash deal is valued at around $730 million. United BioSource has ... (Source: Private Equity Hub 2010-08-16T13:57:44Z)

US Welcomes WTO Panel Ruling Vs EU On High-Tech Products

WASHINGTON -(Dow Jones)- The U.S. applauded a World Trade Organization panel ruling Monday targeting European Union duties on high-technology products. U.S. Trade Representative Ron Kirk said the decision ... (Source: FOXBusiness 2010-08-16T18:58:23Z)

UPDATE 1-WTO raps EU in IT suit, Brussels complains

GENEVA, Aug 16 (Reuters) - A World Trade Organization panel gave broad backing on Monday to the United States, Japan and Taiwan in their complaint over European duties on electronics products, and told ... (Source: Reuters 2010-08-16T14:55:00Z)

UPDATE 1-US sees net overall capital outflow in June

NEW YORK Aug 16 (Reuters) - The United States recorded a net capital outflow in June for the first time in five months, the Treasury Department said on Monday, though foreigners raised purchases of long-term securities ... (Source: Reuters UK 2010-08-16T13:43:25Z)

Survey: Gas Prices Up About 4 Cents In 3-Week Span

A new survey finds the average price of regular gasoline in the United States has gone up 3.86 cents in the last three weeks. The Lundberg Survey of fuel prices released Sunday says the price of a gallon of regular rose ... (Source: KAKE TV 2010-08-16T15:37:57Z)

Apple Manager Arrested for Receiving Kickbacks from iPhone & iPod Deals!

An Apple manager was arrested on Friday for accepting kickbacks from the company. Global Supply manager, Paul Shin Devine, was responsible for Apple's contract manufacturing in Asia. According to the San ... (Source: Gather.com 2010-08-16T18:08:16Z)

EU loses WTO suit over IT

GENEVA - A World Trade Organization panel gave broad backing on Monday to the United States, Japan and Taiwan in their complaint over controversial European duties on electronics products, and told the EU and told ... (Source: Calgary Sun 2010-08-16T14:47:50Z)

Midlevel Apple Exec Took $1,000,000 in Kickbacks

An Apple executive is accused of taking more than $1 million in kickbacks from the company's Asian partners. Paul Shin Devine, a global supply manager at Apple, has been arrested on suspicion of taking over a million ... (Source: Toms Hardware 2010-08-16T18:36:54Z)

Feds step up ventilation enforcement in mines

2 missing miners feared dead at Nevada gold mine Rescuers at an underground gold mine in northeast Nevada are searching for two missing miners feared to be dead in an accident in a ventilation shaft. Officials ... (Source: Tacoma News Tribune 2010-08-16T18:22:35Z)

Wenatchee's Farrar wins Hamburg cycling race

HAMBURG, Germany -- Tyler Farrar of the United States won the Hamburg Cyclassics ProTour cycling race in Germany for the second year in a row. Farrar, a Wenatchee native, won a mass sprint ahead of Edvald ... (Source: Tacoma News Tribune 2010-08-16T13:50:34Z)

World at 1600 Gmt, AP

NEW THIS DIGEST: COLOMBIA-PLANE CRASH. Jetliner crashes on Colombian island runway; 1 killed. AFGHAN-STONING. Taliban stone couple for adultery in Afghanistan. US-AFGHANISTAN. US general: Time is key for ... (Source: WNCT 2010-08-16T18:51:13Z)

Apple Manager Arrested - Paul Shin Devine Apple Secrets For $1M

A manager at Apple Inc has been charged in California with taking kickbacks he received after leaking corporate secrets to Asian companies that supplied iPhone and iPod accessories, court documents showed ... (Source: Post Chronicle 2010-08-16T17:32:29Z)

US sees net overall capital outflow in June

NEW YORK, Aug 16 (Reuters) - The United States recorded a net capital outflow in June for the first time in five months, the Treasury Department said on Monday, though foreigners raised purchases of long-term securities ... (Source: The Guardian 2010-08-16T13:50:34Z)

Tyler Farrar wins Hamburg Cyclassics

H AMBURG, Germany — Tyler Farrar of the United States has won the Hamburg Cyclassics ProTour cycling race for the second year in a row. Farrar won a mass sprint ahead of Edvald Boasson Hagen of Norway and Andre Greipel ... (Source: Boston Herald 2010-08-15T21:44:12Z)

WTO Says No to Hi-tech Duties in EU

The United States estimates that global exports of the affected products were worth more than $70 billion in 2007. U.S. Trade Representative Ron Kirk described the ruling as an "important victory for U.S. technology ... (Source: Industry Week 2010-08-16T18:08:16Z)

Aabar Investments posts $55 million in 1st-half profit as Abu Dhabi fund looks to ...

DUBAI, UNITED ARAB EMIRATES — The Abu Dhabi state investment fund with big stakes in automaker Daimler and Italian bank UniCredit says it made 202 million dirhams ($55 million) in the first half of the year. Aabar ... (Source: Washington Examiner 2010-08-15T08:22:29Z)

Medco buys United BioSource Corp.

Medco Health Solutions, a pharmacy benefits manager, says it will purchase life-sciences technology company United BioSource Corp. for $730 million in an all-cash deal. The transaction is expected to close sometime in ... (Source: ModernHealthcare.com 2010-08-16T15:23:38Z)

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