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Deals of the Hour / August 23, 2010, 11:40 pm

Insurer AIG says it has knocked nearly $4B off debt

American International Group said Monday that it has repaid almost $4 billion to the U.S. government as the company's aircraft-leasing business was able to finance itself in the debt market. AIG said it got $3 ... (Source: St. Louis Post-Dispatch 2010-08-24T05:12:51Z)

Business briefs: AIG repaying U.S. nearly $4 billion

WASHINGTON -- In its single biggest repayment of bailout loans so far, American International Group Inc. is paying back nearly $4 billion in taxpayer aid with proceeds from a recent debt sale. The insurer's aircraft ... (Source: Herald Tribune 2010-08-24T06:10:07Z)

Report: San Francisco Giants Awarded Marlins' Outfielder Cody Ross off Waivers

San Francisco Giants GM Brian Sabean is pulling out all of the stops in August to get his team into the playoffs. Many had thought that no move would actually occur, and that the Giants' claim was a ploy to ... (Source: NESN.com 2010-08-22T21:21:35Z)

Resorts sale great news for AyCee

If, as they say, past is prologue, today's announcement of the sale of Resorts Atlantic City to Gomes Gaming Inc. is about the best news Atlantic City's beleaguered gambling industry has received in years. That's not ... (Source: Philadelphia Daily News 2010-08-24T00:19:21Z)

AIG to pay back nearly $4B

In its single biggest repayment of bailout loans so far, American International Group Inc. said Monday it was paying back nearly $4 billion in taxpayer aid with proceeds from a recent debt sale. The insurer's aircraft ... (Source: Omaha World-Herald 2010-08-24T06:17:16Z)

Cubs' interim manager gets first major-league win

Chicago Cubs interim manager Mike Quade, stepping in after Lou Piniella retired Sunday, got his 1st major league win Monday, and so did Casey Coleman, a rookie righthander who took a 1-hitter into the 7th ... (Source: St. Louis Post-Dispatch 2010-08-24T04:58:32Z)

Former executive strikes a deal to buy Resorts Atlantic City, the city's 1st casino

ATLANTIC CITY, N.J. (AP) — A former Atlantic City casino executive has a deal to buy Resorts Atlantic City, the first casino to open in the struggling gambling hot spot. Dennis Gomes' company, Gomes Gaming ... (Source: Los Angeles Times 2010-08-23T15:22:29Z)

Cubs make Mike Quade a winner in his debut as interim manager

WASHINGTON — Mike Quade got his first major league victory, and so did Casey Coleman. The post-Piniella Chicago Cubs are off to quite a start. Coleman, a rookie right-hander, took a one-hitter into the ... (Source: Pioneer Press 2010-08-24T04:58:32Z)

Former exec to buy Resorts Atlantic City casino

A casino regulator who became a casino executive has struck a deal to buy Atlantic City's first legal casino in a move that could offer some optimism that the struggling gambling mecca can be revived.Dennis Gomes, the ... (Source: msnbc.com 2010-08-23T20:23:08Z)

Hurricane Danielle forms in Atlantic Ocean

Tropical Storm Danielle, fourth named storm of the 2010 Atlantic hurricane season , has formed in the eastern Atlantic Ocean . The storm, located approximately 3,000 miles from Miami, Florida , has maximum ... (Source: Wikinews 2010-08-24T05:34:19Z)

HP Outbids Dell for 3Par

Hewlett-Packard Co. has offered $1.6 billion to buy 3Par Inc. in a move to outbid rival Dell Inc., which secured a deal last week to buy the Silicon Valley data-storage provider for $1.15 billion. Both high-tech giants ... (Source: The Ledger 2010-08-24T03:46:57Z)

Ansel Adams trust sues over garage sale negatives

SAN FRANCISCO—The Ansel Adams Publishing Trust is suing a California man for selling prints and posters under the name of the famed nature photographer. The case, filed Monday in federal court in San ... (Source: Denver Post 2010-08-24T00:12:12Z)

Ex-Roberson standout Maybin returns to Marlins

ASHEVILLE — Cameron Maybin is back in the majors. The former Roberson High player is being recalled by the Florida Marlins after the Marlins placed center fielder Cody Ross on waivers and he was claimed by the San ... (Source: Asheville Citizen-Times 2010-08-24T01:38:06Z)

UN, NATO Considering Taliban's Offer To Study Afghan Casualties

Kabul, Afghanistan (AHN) - Just hours after Taliban offered to study Afghan civilian casualties with the United Nations and the NATO, the two bodies are carefully considering the proposal to establish a joint committee ... (Source: All Headline News 2010-08-18T00:33:38Z)

Townhall News Ansel Adams trust sues over garage sale negatives

The Ansel Adams Publishing Trust is suing a California man for selling prints and posters under the name of the famed nature photographer. The case, filed Monday in federal court in San Francisco, is the ... (Source: Town Hall 2010-08-24T00:19:21Z)

HP tops Dell's offer for 3Par

NEW YORK - Hewlett-Packard Co. is bidding $1.5 billion for data storage provider 3Par Inc., offering 33 percent more than what rival Dell Inc. agreed to pay for the company just a week earlier. The tussle for ... (Source: Tampa Bay Online 2010-08-24T04:08:25Z)

Kwame Brown reunites with Michael Jordan by signing contract with Charlotte

Charlotte Bobcats owner Michael Jordan is bringing back what's considered his worst move as a basketball executive: Kwame Brown . The Bobcats on Monday agreed on a one-year deal with Brown for the veteran ... (Source: Los Angeles Times 2010-08-24T06:17:16Z)

HP battles Dell for 3Par

Hewlett-Packard Co. offered $1.5 billion on Monday for 3Par Inc., a company whose data-storage machines are designed for "cloud computing," or delivering services over the Internet. HP's rival, Dell Inc., last ... (Source: News-Star 2010-08-24T06:17:16Z)

Kwame Brown, Michael Jordan reunite; Brown agrees to 1-year, $1.3 million deal with ...

CHARLOTTE, N.C. – Charlotte Bobcats owner Michael Jordan is bringing back what's considered his worst move as a basketball executive: Kwame Brown. The Bobcats on Monday agreed on a one-year deal with Brown ... (Source: FOX News 2010-08-23T23:07:46Z)

PotashCorp Board of Directors Rejects BHP Billiton's Unsolicited Offer

SASKATOON, Aug. 23 /CNW/ - Potash Corporation of Saskatchewan Inc. ("PotashCorp") today announced that its Board of Directors, after careful consideration with the assistance of its independent financial and legal ... (Source: Yahoo Finance 2010-08-23T10:21:50Z)

Danielle Becomes 2nd Hurricane Of Atlantic Season

MIAMI (August 23, 2010)—Danielle became the second Atlantic hurricane of the year Monday with maximum sustained winds of 75 miles per hour, and forecasters predict it could become a major hurricane by Wednesday. Monday ... (Source: KWTX 2010-08-23T23:07:46Z)

Potash rejects BHP Billiton's $38.5 billion hostile takeover offer as undervaluing ...

TORONTO - Potash Corp. of Saskatchewan Inc. said Monday that its board voted unanimously to reject BHP Billiton's hostile $38.5 billion takeover offer as it doesn't reflect the strong growth the company ... (Source: Minneapolis Star Tribune 2010-08-23T21:34:43Z)

Potash rejects BHP's $38.5 billion hostile- takeover offer

TORONTO — Potash Corp. of Saskatchewan said Monday that its board voted unanimously to reject BHP Billiton's hostile $38.5 billion takeover offer as it doesn't reflect the strong growth the company believes ... (Source: Seattle Times 2010-08-24T00:19:21Z)

Petraeus says US has momentum over Afghan Taliban

The top commander of US and NATO forces in Afghanistan said Monday that Taliban momentum has been reversed in areas that had been its stronghold. Gen. David Petraeus also said that US forces would not begin an ... (Source: The Christian Science Monitor 2010-08-24T04:22:44Z)

NATO: 2 wounded Afghan gunmen pose as civilians

(08-17) 09:50 PDT KABUL, Afghanistan (AP) -- Two wounded Taliban fighters tried to pass themselves off as civilian casualties and sought medical attention from U.S. and Afghan troops after a battle in northern ... (Source: San Francisco Gate 2010-08-17T16:55:30Z)

Ansel Adams Trust Sues Over Calif. Garage Sale Negatives

SAN JOSE, Calif. (Aug. 23) -- A group representing Ansel Adams sued a Fresno man Monday for selling prints and posters under the name of the famed nature photographer, the latest salvo in a dispute over glass negatives ... (Source: AOL News 2010-08-24T02:06:44Z)

Storm Danielle Becomes a Hurricane in Atlantic, U.S. Reports

Aug. 23 (Bloomberg) -- Hurricane Danielle, the second of the 2010 Atlantic season, developed in the Atlantic today and may become a major storm by Aug. 25, the U.S. National Hurricane Center said shortly after ... (Source: BusinessWeek 2010-08-23T20:51:46Z)

Recap: Washington vs. Chicago Cubs

Blake DeWitt went 3-for-5 with a home run and two RBI, and Casey Coleman picked up his first major league win in Mike Quade's debut as interim manager for the Cubs, as Chicago thumped Washington, 9-1. With Lou ... (Source: Raleigh News & Observer 2010-08-24T02:28:12Z)

Kwame Brown signs $1.3 million deal

Kwame Brown and Michael Jordan. Together again. Nearly a decade after Jordan, then president of basketball operations for the Washington Wizards, made Brown the first No. 1 pick in the NBA draft to come ... (Source: Raleigh News & Observer 2010-08-24T01:38:06Z)

Just how did Giants acquire Cody Ross from the Florida Marlins for virtually nothing?

For good reason, some Marlins Get your Marlins Tickets now! fans are confused as to how the San Francisco Giants ended up with Cody Ross without having to send back any players in return. Major League Baseball 's waiver ... (Source: Fort Lauderdale Sun-Sentinel 2010-08-23T16:41:14Z)

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