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Deals of the Hour / August 24, 2010, 5:40 am

Busch pulls off Bristol sweep

BRISTOL, Tenn. (AP) — Kyle Busch made NASCAR history Saturday night with an unprecedented sweep of three national races in one week, completing the trifecta with a victory in the Sprint Cup race at Bristol ... (Source: Baxter Bulletin 2010-08-24T10:49:17Z)

Cairn cheers Greenland find

UK explorer Cairn Energy said it had struck gas in Greenland with the first well to be drilled in the Arctic territory in a decade. Cairn said the discovery of gas in thin sands in the T8-1 well, being drilled in the ... (Source: Upstream Online 2010-08-24T11:46:33Z)

Cairn encouraged by Greenland well despite no oil

LONDON, Aug 24 (Reuters) - Oil explorer Cairn Energy ( Symbol : CRNCF ) said it was encouraged by drilling results in Greenland, despite failing to find oil, and expressed confidence a planned sale of a majority stake in ... (Source: Inside Fidelity 2010-08-24T11:25:05Z)

Team Hit By Medical Condition Back On Turf

McMINNVILLE, Ore. -- Doctors were trying to determine why 24 McMinnville High School players developed a condition that caused intense pain and dangerous swelling in their arms and hospitalized two boys just as a ... (Source: WMUR.com 2010-08-24T10:27:49Z)

UPDATE 2-Cairn fails to find oil in Greenland, shares fall

LONDON, Aug 24 (Reuters) - UK oil explorer Cairn Energy ( CNE.L ) said the first well to be drilled in Greenland in a decade failed to find oil but expressed confidence its planned sale of a majority stake in ... (Source: Reuters 2010-08-24T09:16:14Z)

AP National News Calendar

Eds: Major scheduled events for the week of Aug. 22-28, 2010. Note that many events, especially court appearances, are subject to change at the last minute. The following economic reports will be issued in Washington ... (Source: Boston Globe 2010-08-20T19:29:25Z)

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)

AIG uses proceeds from debt sale to repay $4 billion in federal loans

In its single biggest repayment of bailout loans so far, American International Group Inc. said Monday it is paying back nearly $4 billion in taxpayer aid with proceeds from a recent debt sale. The insurer's ... (Source: Buffalo News 2010-08-24T11:32:14Z)

AIG reduces debt with sale

The insurer's aircraft leasing company, International Lease Finance Corp., completed the sale of $4.4 billion in debt. AIG will use more than $3.9 billion of the proceeds to repay the Federal Reserve Bank of ... (Source: News-Leader.com 2010-08-24T07:57:29Z)

In it for the long haul: China's traffic jam stretching as long as 100 km could last ...

BEIJING - A massive traffic jam in north China that stretches for dozens of miles and hit its 10-day mark on Tuesday stems from road construction in Beijing that won't be finished until the middle of next ... (Source: Minneapolis Star Tribune 2010-08-24T11:53:42Z)

Delays forecast on NY's huge Long Island Rail Road

Passengers traveling in New York City and its suburbs on the nation's largest commuter train system can expect major headaches. The Long Island Rail Road says there will be significant schedule changes and delays during ... (Source: AP - msnbc.com 2010-08-24T10:06:20Z)

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)

Blackwater Fine: $42 Million Deal On U.S. Export Violations

The private security company formerly called Blackwater Worldwide, long plagued by accusations of impropriety, has reached an agreement with the State Department for the company to pay $42 million in fines for hundreds ... (Source: Huffingtonpost.com 2010-08-21T00:37:14Z)

Practice begins for McMinnville football team hit by illness

McMINNVILLE — The McMinnville High School football team opened fall practice Monday as two of their teammates remained hospitalized and doctors tried to determine why 24 players developed a condition that ... (Source: Statesman Journal 2010-08-24T10:20:39Z)

Ansel Adams trust sues over garage sale negatives

FILE - In this Jully 27, 2010 file photo, Rick Norsigian holds up a photograph made from a glass negative shot by the late photographer Ansel Adams during a news conference in Beverly Hills, Calif. A group ... (Source: Denver Post 2010-08-24T11:10:46Z)

China MediaExpress Holdings, Inc. to Announce 2010 Second Quarter Results and Conduct a Conference ...

China MediaExpress Holdings, Inc. (NASDAQ GS: CCME) ("CME" or "Company"), China's largest television advertising operator on inter-city and airport express buses, today announced that it will issue its ... (Source: PR Inside 2010-08-10T20:09:55Z)

Business events scheduled for Tuesday

Major business events and economic events scheduled for Tuesday: WASHINGTON – National Association of Realtors releases existing home sales for July, 10 a.m. NEW YORK – Barnes & Noble Inc. releases ... (Source: Huffingtonpost.com 2010-08-23T17:45:39Z)

Delays forecast on NY's huge Long Island Rail Road

Monday, Aug. 23, 2010 | 8:15 p.m. Passengers traveling in New York City and its suburbs on the nation's largest commuter train system can expect major headaches. The Long Island Rail Road says there will be ... (Source: Las Vegas Sun 2010-08-24T03:32:38Z)

AIG repaying U.S. $4 billion

The insurer's aircraft-leasing company, International Lease Finance Corp., completed the sale of $4.4 billion in debt. AIG plans to use more than $3.9 billion of the proceeds to repay the Federal Reserve Bank ... (Source: Detroit Free Press 2010-08-24T11:46:33Z)

National League Game Summary - Chicago at Washington

Washington, DC (Sports Network) - 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 ... (Source: WXIA 11 Alive 2010-08-24T02:42:31Z)

State Dept.: Blackwater broke export laws hundreds of times

WASHINGTON -- The company formerly known as Blackwater violated U.S. export control laws nearly 300 times, from attempts to do business in Sudan while that country was under U.S. sanctions to training an ... (Source: The Sun News 2010-08-23T23:50:43Z)

China's 60-mile traffic jam to last weeks

A massive traffic jam in northern China that hit its 10-day mark on Tuesday stems from road construction in Beijing that won't be finished until the middle of next month, an official said. Bumper-to-bumper gridlock ... (Source: AP - msnbc.com 2010-08-24T11:53:42Z)

Kyle Busch completes Bristol triple

BRISTOL, Tenn.—Check off a major accomplishment from Kyle Busch's bucket list. Busch fended off strong challenges from David Reutimann and Jamie McMurray to win Saturday's Irwin Tools Night Race at Bristol Motor ... (Source: Sporting News 2010-08-23T18:21:26Z)

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)

While doctors await test results, practice begins for team struck by medical ...

McMINNVILLE, Ore. (AP) — The McMinnville High School Grizzlies opened fall football practice on Monday while two of their teammates remained hospitalized and doctors tried to determine why 24 players ... (Source: Chicago Tribune 2010-08-24T03:54:06Z)

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)

Kyle Busch completes Bristol triple with Sprint Cup win

BRISTOL, Tenn.—Check off a major accomplishment from Kyle Busch's bucket list. Busch fended off strong challenges from David Reutimann and Jamie McMurray to win Saturday's Irwin Tools Night Race at ... (Source: Sporting News 2010-08-22T02:52:03Z)

Trains halted on major commuter rail in NYC area

NEW YORK (AP) - A fire in a Long Island Rail Road switching station knocked out train service for more than four hours Monday, leaving passengers on the nation's largest commuter rail line to contend with delays into the ... (Source: Charleston Daily Mail 2010-08-24T07:50:20Z)

Blackwater Reaches Deal on U.S. Export Violations

The violations included illegal weapons exports to Afghanistan, making unauthorized proposals to train troops in south Sudan and providing sniper training for Taiwanese police officers, according to company ... (Source: New York Times 2010-08-19T23:55:28Z)

Business events scheduled for the coming week

WASHINGTON — National Association of Realtors releases existing home sales for July, 10 a.m. NEW YORK — Barnes & Noble Inc. releases financial results. MIAMI — Burger King Holdings Inc. releases financial results ... (Source: AP - msnbc.com 2010-08-20T17:20:34Z)

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