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 27, 2010, 8:41 pm

AIG said to drop pre-IPO sale for AIA

NEW YORK (Bloomberg)—American International Group Inc. dropped a plan to sell a stake in its Asian unit ahead of an initial public offering in November to avoid delaying the sale, two people with knowledge of the ... (Source: Business Insurance 2010-08-27T15:03:25Z)

Disney, Apple Near iTunes Deal

ABC owner Walt Disney Co. is close to an agreement to let Apple Inc. sell 99-cent rentals of its television shows through the iTunes store, but the computer company is facing resistance lining up several other major ... (Source: Wall Street Journal 2010-08-24T22:52:16Z)

DJ Nestle Closes Sale Of Alcon To Novartis, Will Reduce Debt

Swiss food company Nestle S.A. (NESN.VX) Thursday said it has completed the sale of its remaining shares in Alcon Inc to Novartis AG (NOVN.VX), representing around 52% of Alcon's share capital, for $28.3 ... (Source: TradingMarkets.com 2010-08-26T05:53:25Z)

Tybee Police Chief Price offers to resign

An agreement will be considered by the Tybee Island City Council tonight after Police Chief Jimmy Price offered to retire this week, said City Manager Diane Schleicher. Price has been suspended since June ... (Source: Savannah Morning News 2010-08-26T17:49:15Z)

Labor Day drunk driving crackdown planned

NBC -- The government reports there are 17 million drunk drivers a year, often with deadly results. A nun was killed by a suspected drunk driver three weeks ago. NHTSA Administrator David Strickland said, "We have got to ... (Source: KSDK 2010-08-26T13:53:02Z)

Tybee Island, police chief reach resignation deal

The Tybee City Council approved an agreement with police Chief Jimmy Price that paves the way for his resignation from the department following his paid suspension in June. Council member Frank Shuman cast the ... (Source: Savannah Morning News 2010-08-27T07:32:27Z)

Novartis and Nestlé Close $28.3 Billion Alcon Deal

Novartis and Nestlé said Thursday that they had wrapped up a $28.3 billion all-cash deal that gives Novartis, the Swiss drug giant, a controlling stake in the eye-care company Alcon , one of the last steps in ... (Source: New York Times Blogs 2010-08-25T23:55:31Z)

Bloomquist's HR Give Royals A Win

Willie Bloomquist's one-out home run in the 12th inning gave the Kansas City Royals a 4-3 win over the Detroit Tigers on Wednesday. Kansas City, which also got a homer and two RBIs from Kila Ka'aihue, rallied ... (Source: KAKE TV 2010-08-26T11:15:33Z)

AIG Said to Drop Pre-IPO Sale for AIA to Speed Up IPO

(Updates with comment from analyst in fourth paragraph.) Aug. 27 (Bloomberg) -- American International Group Inc. dropped a plan to sell a stake in its Asian unit ahead of an initial public offering in November to avoid ... (Source: BusinessWeek 2010-08-27T09:12:40Z)

Lake Superior temperatures have their ups and down

It has been a strange summer for weather in Duluth. First, Lake Superior warmed up about a month earlier than usual, to the delight of swimmers who usually have a small window of time to brave the waters. The ... (Source: Minneapolis Star Tribune 2010-08-28T03:35:03Z)

Bloomquist's HR gives Royals 4-3 win to snap Tigers' five-game winning streak

DETROIT - Willie Bloomquist's one-out home run in the 12th inning gave the Kansas City Royals a 4-3 win over the Detroit Tigers on Wednesday. Kansas City, which also got a homer and two RBIs from Kila Ka'aihue ... (Source: Minneapolis Star Tribune 2010-08-26T11:37:01Z)

Tybee police chief resigns

TYBEE ISLAND, GA. — The Tybee City Council and suspended police Chief Jimmy Price have reached an agreement on his resignation. The council voted Thursday to approve Price's resignation. The agreement says Price will ... (Source: Washington Examiner 2010-08-27T11:43:00Z)

New study shows drunk driving on the rise

WASHINGTON, D.C. (NBC) - The government reports there are 17 million drunk drivers a year, often with deadly results. NHTSA Administrator David Strickland said, "We have got to do more to close the gap between believing ... (Source: 14 WFIE 2010-08-26T13:17:14Z)

Microsoft's Bing Now Powering Yahoo Search in U.S., Canada

More than a year after their search deal was first announced, Microsoft's Bing is now officially powering Yahoo's search results in the U.S. and Canada. At this point, only English is supported, but more languages will ... (Source: PC Magazine 2010-08-24T19:17:31Z)

Yahoo And Bing Deal Enters Search Transition

Yahoo said that it has completed the transition of its U.S. and Canadian English-language search engine to Microsoft's Bing platform. "Yahoo web, image, and video search experiences on both desktop and mobile ... (Source: Redorbit.com 2010-08-25T17:07:29Z)

Tigers' bullpen coughs up lead, ends winning streak

Willie Bloomquist's one-out home run in the 12th inning gave the Kansas City Royals a 4-3 win over the Detroit Tigers today at Comerica Park. Kansas City, which also got a homer and two RBIs from Kila Ka ... (Source: Detroit Free Press 2010-08-25T22:00:59Z)

Report AIG to Decide on AIA Pre-IPO Sale by Next Week

American International Group is expected to decide by early next week whether to enter formal negotiations with strategic investors for its Asian life insurance business, AIA, sources familiar with the process ... (Source: Insurance Journal 2010-08-25T10:40:56Z)

Apple to unveil iTunes online at next week's iPod event?

With Apple's annual iPod event just a week away , will it just be a camera-blessed iPod touch on stage with Steve Jobs or has the Cupertino company got something exciting in streaming to offer us? Rumors from the ... (Source: SlashGear 2010-08-26T16:23:21Z)

Nestle, Novartis Complete Alcon Sale

FRANKFURT -- Food giant Nestle said Thursday it has completed the sale of its remaining shares in eye-care firm Alcon Inc. to Swiss drug maker Novartis for $28.3 billion in cash. Those shares represent around ... (Source: FOXBusiness 2010-08-26T08:16:35Z)

Bay Biz Buzz: Apple nears iTunes TV deal

Cupertino-based Apple Inc., seeking to fend off rivals such as Netflix Inc. and Hulu LLC, is in advanced talks with News Corp. to let iTunes users rent TV shows for 99 cents, said three people familiar with ... (Source: Inside Bay Area 2010-08-25T16:38:51Z)

Few Orlando Magic fans line up for preseason tickets

Single-game tickets for the first four Orlando Magic preseason games at the new Amway Center went on sale at noon today. But despite the Magic coming off a playoff season and the hype about a new arena, few ... (Source: Orlando Sentinel 2010-08-26T19:22:18Z)

Yahoo! Search Now 'Powered By Bing'

Later this week, we will begin transitioning the back-end technology for Yahoo! Search in the U.S. and Canada (English) over to the Microsoft platform, and will post an update when the organic search ... (Source: Searchnewz.com 2010-08-26T15:11:46Z)

Magic preseason game tix on sale Thursday

Orlando - Single-game tickets for the 2010-11 Orlando Magic preseason will go on sale to the general public Thursday, August 26 at 10:00 a.m. The Magic will make its debut in the Amway Center when they host ... (Source: WDBO Radio 2010-08-24T13:41:05Z)

Survey shows 1 in 12 admit to driving drunk

One in 12 drivers admitted driving drunk at least once over the course of a year, a government survey released Wednesday found. Twenty percent of the 6,999 people surveyed said they had driven in the past year ... (Source: Fond du Lac Reporter 2010-08-27T09:48:28Z)

Sputtering Eagles score late, beat Chiefs 20-17

KANSAS CITY, Mo. — Mike Kafka's 18-yard pass to Riley Cooper in the closing seconds boosted the Philadelphia Eagles past Kansas City 20-17 on Friday night, making Todd Haley 0-7 in preseason games as the ... (Source: Huffingtonpost.com 2010-08-28T03:35:03Z)

Magic Preseason Tickets Go On Sale

ORLANDO, Fla. -- Single-game tickets for the 2010-11 Orlando Magic preseason went on sale to the general public on Thursday. There were no lines at the ticket offices at the RDV Sportsplex or the Amway Arena. Magic ... (Source: News Channel 2000 2010-08-26T19:50:56Z)

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