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 / August 18, 2010, 2:40 am

Lottery director quits to take job with vendor

Raleigh, N.C. — Tom Shaheen, who has headed the North Carolina Education Lottery since its inception four years ago, has resigned his post to take a job with a company involved in the sale of lottery tickets through ... (Source: WRAL 2010-08-16T18:15:26Z)

Threat of famine looms in wake of Pakistan flood

SHIKARPUR, Pakistan — Victims of Pakistan's deadly floods mobbed relief trucks carrying food Tuesday, and authorities in the northwest warned of famine unless the region's farmers got immediate help with planting ... (Source: Worcester Telegram & Gazette 2010-08-18T08:47:33Z)

San Francisco 49ers sign running back Brian Westbrook, trade defensive lineman ...

The twists and turns continued at 49ers training camp Monday, with longtime Philadelphia Eagles running back Brian Westbrook signing a one-year deal hours after defensive lineman Kentwan Balmer was traded to ... (Source: FOXSports.com 2010-08-18T03:39:45Z)

Banking executives no fans of Fannie, Freddie

WASHINGTON -- The call from business for less government has a notable exception: the mortgage market. The Obama administration invited banking executives Tuesday to offer advice on changing the government's ... (Source: Reno Gazette 2010-08-18T08:40:24Z)

Reynolds hoping to wrap up Hefty deal

It's the latest and and biggest in a string of acquisitions by Reynolds' parent company, Rank Group Ltd. Pactiv had revenues last year of nearly $3.4 billion, and, apart from consumer products such as trash ... (Source: Southtown Star 2010-08-18T09:09:02Z)

Bryce Harper, Nationals agree to $9.9M deal

Just like last year, the Washington Nationals and agent Scott Boras agreed to a contract for baseball's top draft pick with just a few seconds to spare. Jae C. Hong, File AP Photo FILE - This June 7, 2010 ... (Source: Tacoma News Tribune 2010-08-17T18:14:14Z)

Taliban Stone Couple To Death: Islam 'Adultery Punishment'

A man and woman were publicly stoned to death by the Taliban in a horrifying scene in Afghanistan's once-peaceful north over an alleged love affair, a provincial government official said on Monday. If ... (Source: Post Chronicle 2010-08-18T08:26:05Z)

Mortgage market needs help

WASHINGTON — The Obama administration invited banking executives Tuesday to offer advice on changing the government's role in the mortgage market. Their response: stay big. While the executives disagreed ... (Source: Times-Leader 2010-08-18T05:12:48Z)

Saban Brands acquires Paul Frank Industries

An affiliate of Los Angeles-based Saban Capital Group has acquired Costa Mesa-based Paul Frank Industries for an undisclosed amount. Under the terms of the deal, Saban Brands will take over Paul Frank's Julius ... (Source: OC Metro 2010-08-17T21:06:02Z)

Gay rights group: Target won't offer olive branch

MINNEAPOLIS — Target Corp. has decided against giving money to gay-friendly causes to quiet the uproar over a $150,000 donation that helped support a Minnesota governor candidate who opposes gay marriage, a national ... (Source: Dallas Voice 2010-08-17T22:03:18Z)

Gay rights group: Target won't offer olive branch

By STEVE KARNOWSKI Associated Press Writer MINNEAPOLIS (AP) - Target Corp. has decided against giving money to gay-friendly causes to quiet the uproar over a $150,000 donation that helped support a Minnesota governor ... (Source: msnbc.com 2010-08-16T22:18:48Z)

Reynolds Group bids $4.4B for Pactiv

LAKE FOREST -- Reynolds Group said Tuesday it will pay about $4.4 billion for Hefty bag maker Pactiv Corp, Including debt, the acquisition is valued at around $6 billion. Reynolds Group Holdings Ltd., a Chicago-based ... (Source: Batavia Sun 2010-08-18T09:09:02Z)

Five San Francisco 49ers Most Impacted By Brian Westbrook's Signing

It may have taken awhile, but Brian Westbrook is no longer a free agent after signing a one-year deal with the San Francisco 49ers. The 49ers lost Glen Coffee to retirement a year after he entered the league, and finding ... (Source: Bleacherreport.com 2010-08-18T02:49:38Z)

Tom Shaheen Joins Linq3 as Vice President of Business Development

NEW YORK , Aug. 17 /PRNewswire/ -- Linq3 announces the appointment of Tom Shaheen as Vice President of Business Development, with responsibility for overseeing new partnerships involving the sale of lottery ... (Source: Big Hollywood 2010-08-17T18:14:14Z)

Insurgents, police clash amid Pakistan flooding

By RIAZ KHAN Associated Press Writer PESHAWAR, Pakistan (AP) - Islamist militants attacked police posts in Pakistan's northwest and killed two civilians active in an anti-Taliban militia, challenging a security ... (Source: msnbc.com 2010-08-18T08:40:24Z)

Reynolds Wrap owner to buy Hefty bag maker Pactiv

CHICAGO -- Pactiv Corp., the Lake Forest, Ill., maker of Hefty trash bags, announced an agreement Tuesday to be acquired by New Zealand's Rank Group Ltd. in a transaction valued at about $6 billion. Privately ... (Source: Lexington Herald-Leader 2010-08-18T08:11:46Z)

Deepest of discounts not always enough to lure buyers

A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale. Even deep discounts on everyday items don't seem to be enough to get Walmart shoppers to bite these days, and other chains are ... (Source: TheDay 2010-08-18T08:04:36Z)

Target says it won't give to gay groups to balance MN Forward donation

Target Corp. said Monday it won't give money to gay-friendly causes to quiet the uproar over a $150,000 donation that helped support a Minnesota governor candidate who opposes gay marriage. The discount ... (Source: Pioneer Press 2010-08-17T04:23:53Z)

Stores slash prices

NEW YORK — A dollar for a 40-ounce bottle of ketchup? Yawn. Four bucks for a 12-pack of Coke? No sale. Even deep discounts on everyday items don't seem to be enough to get Walmart shoppers to bite these days ... (Source: The Daily Advertiser 2010-08-18T07:50:17Z)

White House Weighs Changes To Fannie, Freddie

The future of Fannie Mae and Freddie Mac was on the line in meetings Tuesday at the White House, and that means the world to the U.S. mortgage and housing markets. Copyright © 2010 National Public Radio ... (Source: NPR News 2010-08-18T08:54:43Z)

Militants, Police Clash Amid Pakistan Floods

PESHAWAR, Pakistan -- Islamist militants attacked police posts in Pakistan's northwest and killed two civilians active in an anti-Taliban militia, challenging a security establishment straining under a national flooding ... (Source: Pittsburgh Channel 2010-08-18T08:11:46Z)

Blue Jays sign RHP Deck McGuire, 3 other picks

TORONTO -- The Blue Jays signed first-round draft pick Deck McGuire, agreeing to a minor league contract with a $2 million bonus. McGuire's deal was completed Monday at 11:59 p.m., while second-rounder Griffin ... (Source: Biloxi Sun Herald 2010-08-18T05:12:48Z)

Blue Jays report: Notes, quotes

--The Blue Jays were able to sign first-round draft pick RHP Deck McGuire of Georgia Tech to a $2 million deal just before Monday's deadline. "It was definitely right to the last minute," Blue Jays general manager Alex ... (Source: CBS Sports 2010-08-18T02:21:00Z)

Billionaire buys Paul Frank Industries

LOS ANGELES — Billionaire media mogul Haim Saban has bought Paul Frank Industries Inc., the owner of the Julius monkey brand and other characters, for an undisclosed sum. The deal announced Tuesday for the ... (Source: Denver Post 2010-08-18T06:53:01Z)

Pakistan Militants Attack Cops Amid Flood Chaos

The World Bank released $900 million dollars in flood relief for Pakistan. The U.S. is also rushing to help, both for humanitarian as well as strategic reasons. Richard Roth reports. Katie Couric discusses the disaster ... (Source: CBS News 2010-08-18T09:16:11Z)

Tracking the U.S. Bargain-Chasing Consumer

If you think it's a tough environment for the consumer, imagine being a CEO whose job depends on selling "stuff" to a beleaguered and thrifty consumer. As retail companies wrap up reporting for the ... (Source: Seekingalpha.com 2010-08-18T09:01:52Z)

NC lottery director leaves job to explore new opportunities

RALEIGH, NC (WECT) – Tom Shaheen, who led the startup of North Carolina's Education Lottery, is leaving his post after four and a half years. Shaheen has accepted an offer to become Vice President of Business ... (Source: WECT 2010-08-16T19:19:51Z)

Julius the Monkey Now Belongs to Haim Saban

Haim Saban has purchased Paul Frank Industries, a Southern California-based design and licensing firm, the company announced Tuesday. Terms of the deal were not disclosed, but it is believed that the media billionaire ... (Source: TheWrap 2010-08-18T04:22:42Z)

Flood victims mob relief trucks in Pakistan as famine looms

SHIKARPUR, Pakistan - Victims of Pakistan's deadly floods mobbed relief trucks carrying food Tuesday and authorities in the northwest warned of famine unless the region's farmers got immediate help with ... (Source: Observer-Reporter 2010-08-18T07:57:27Z)

49ers sign Brian Westbrook

The San Francisco 49ers have signed veteran free agent running back Brian Westbrook (notes) , the team announced. It's a one-year deal worth $1.25 million. Westbrook is a former Philadelphia Eagles star who ... (Source: YAHOO! 2010-08-18T00:19:19Z)

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