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Deals of the Hour / August 28, 2010, 4:41 am

AP: Stocks gain as Bernanke, GDP reassure investors

NEW YORK (AP) -- Stocks posted big gains after Federal Reserve Chairman Ben Bernanke said the central bank was ready to step in if the U.S. economy showed further signs of weakening. Traders also were ... (Source: Garden City Telegram 2010-08-28T09:11:29Z)

NYC OTB: Tuesday will help decide agency's future

ALBANY, N.Y. (AP) -- New York City Off-Track Betting Corp. President Greg Rayburn said Tuesday is a critical deadline for the ailing bookmaking agency's future. He told reporters Friday that OTB needs a deal with its ... (Source: Yahoo Finance 2010-08-27T21:29:58Z)

Pitt quarterback has to learn quickly

PITTSBURGH - Nobody at Pitt seems to think it's a big deal. The No. 15 Panthers begin one of the nation's toughest nonconference schedules Thursday at Utah, in a stadium where the home team hasn't lost in three years ... (Source: Charleston Daily Mail 2010-08-27T00:22:57Z)

Stocks gain; Federal Reserve Chairman Ben Bernanke, gross domestic product figures ...

NEW YORK — Stocks posted big gains after Federal Reserve Chairman Ben Bernanke said the central bank was ready to step in if the U.S. economy showed further signs of weakening. Traders were also encouraged ... (Source: Post-Crescent 2010-08-28T09:25:48Z)

$1.9 million in grants awarded to five W.Va. airports

BECKLEY — Airports in Raleigh and Wyoming counties will benefit from $1,897,745 in federal funding announced Friday by Sens. Jay Rockefeller and Carte Goodwin along with Congressman Nick Rahall. The grants ... (Source: Register-Herald 2010-08-28T03:56:31Z)

NCAA FOOTBALL: Sunseri takes over at Pitt

PITTSBURGH - Nobody at Pitt seems to think it's a big deal. The No. 15 Panthers begin one of the nation's toughest nonconference schedules Thursday at Utah, in a stadium where the home team hasn't lost in ... (Source: Indiana Gazette 2010-08-27T14:56:16Z)

New Jersey School Chief Fired Following Race to the Top Snafu

New Jersey Education Commissioner Bret Schundler has become a high-profile casualty of Race to the Top. Gov. Chris Christie (R) announced Friday that Schundler, the former Jersey City mayor and outspoken proponent of ... (Source: The Heartland Institute 2010-08-28T01:40:31Z)

Pitt QB Sunseri only lacks experience

PITTSBURGH -- Nobody at Pitt seems to think it's a big deal. The No. 15 Panthers begin one of the nation's toughest nonconference schedules Thursday at Utah, in a stadium where the home team hasn't lost in ... (Source: Erie Times-News 2010-08-28T10:30:13Z)

Suit Challenging Neb. Flag Law Dropped

PAPILLION, Neb. — Family members of a fallen U.S. soldier expressed disappointment Monday after prosecutors and protesters from Kansas-based Westboro Baptist Church reached a deal that will keep both sides out of court ... (Source: Yankton Daily Press 2010-08-24T05:48:38Z)

Horse Racing Capsules: Travers could help clarify 3-year-old division

SARATOGA SPRINGS, N.Y. (AP) — Kentucky Derby winner Super Saver leads a field of 11 3-year-olds running in the $1 million Travers Stakes on Saturday, with the race likely to sort out a muddled division ... (Source: Brownsville Herald 2010-08-27T21:44:17Z)

COCAINE IN BOLOGNA: Police seize drugs embedded in meat in Holyoke, Mass.

HOLYOKE, Mass. (AP) — A Massachusetts man has been arrested after a kilogram of cocaine hidden inside a hollowed-out chunk of bologna was delivered to his home. Holyoke police say they were tipped off by ... (Source: Middletown Press 2010-08-28T05:08:06Z)

Justice Department signs off on United-Continental airlines deal

try { loadApVideo(); } catch(error) { var d = document.getElementById('mdw_ap_photo_table'); if (d) { d.style.display = 'none'; } } MINNEAPOLIS — The Justice Department said Friday that it has no more ... (Source: Lubbock Avalanche-Journal 2010-08-28T05:22:25Z)

Stocks up as investors reassured

NEW YORK -- Stocks posted big gains after Federal Reserve Chairman Ben Bernanke said the central bank was ready to step in if the U.S. economy showed further signs of weakening. Traders were also encouraged by ... (Source: Montgomery Advertiser 2010-08-28T10:37:23Z)

West Virginia coal dust lawsuit set for 2011 trial

A lawsuit claiming hundreds of children were exposed to toxic coal dust from a Massey Energy Co. silo next to Marsh Fork Elementary School may be tried next spring. Raleigh County Judge Harry Kirkpatrick has scheduled ... (Source: AP - msnbc.com 2010-08-25T14:58:38Z)

US police seize cocaine embedded in bologna

A man has been arrested after a kilogram of cocaine hidden inside a hollowed-out chunk of bologna was delivered to his home. Holyoke police say they were tipped off by postal inspectors in Puerto Rico who had been ... (Source: AP - msnbc.com 2010-08-28T01:04:43Z)

Christie fires N.J. schools chief after Race to the Top gaffe

TRENTON, N.J. (AP) — New Jersey Gov. Chris Christie announced he was firing his education commissioner Friday, days after it was revealed that a simple mistake on an application form might have cost the ... (Source: Delaware County Daily Times 2010-08-28T08:35:41Z)

Intel reportedly near deal to buy Infineon division

FRANKFURT, Germany — Intel, the world's largest chip-maker, is close to an agreement to buy Infineon Technologies's wireless business, three people with direct knowledge of the discussions said. An ... (Source: Seattle Times 2010-08-27T03:57:42Z)

United-Continental deal approved

The Justice Department said Friday that it has no more antitrust concerns about the deal that would combine United and Continental into the world's largest airline. To win that approval, the airlines had to open the door ... (Source: msnbc.com 2010-08-28T01:47:40Z)

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)

Apple angling to rent TV shows via iTunes

Apple Inc. is in advanced talks with News Corp. to let iTunes users rent TV shows for 99 cents and is in discussions with other media companies about similar deals, said three people familiar with the plan ... (Source: San Francisco Gate 2010-08-25T07:06:11Z)

Justice signs off on United-Continental deal

United and Continental will help Southwest Airlines Co. expand in the New York market to help clear a path to their own combination, which would create the world's biggest airline. United and Continental said Friday ... (Source: Salt Lake Tribune 2010-08-28T00:36:05Z)

Judge dismisses Phelps case

OMAHA, Neb. — A federal judge has dismissed a lawsuit against Nebraska authorities accusing them of malicious prosecution of a member of Topeka's Westboro Baptist Church, finalizing a deal announced earlier ... (Source: Topeka Capital-Journal 2010-08-26T16:01:53Z)

Massachusetts cocaine arrest is a lot of bologna

HOLYOKE, Mass. – A Massachusetts man has been arrested after a kilogram of cocaine hidden inside a hollowed-out chunk of bologna was delivered to his home. Holyoke police say they were tipped off by postal ... (Source: Fort Wayne Journal Gazette 2010-08-28T08:28:32Z)

Kan. woman drops suit challenging flag law

PAPILLION (AP) - Family members of a fallen U.S. soldier expressed disappointment Monday after prosecutors and protesters from Kansas-based Westboro Baptist Church reached a deal that will keep both sides out ... (Source: North Platte Telegraph 2010-08-24T09:09:04Z)

NYC OTB says Tuesday is critical deadline

ALBANY, N.Y. -- New York City Off-Track Betting Corp. President Greg Rayburn says Tuesday is another critical deadline for the ailing bookmaking agency's future. He told reporters Friday that OTB needs a deal ... (Source: WRGB 2010-08-27T21:08:30Z)

Marsh Fork coal dust lawsuit set for 2011 trial - State News - Charleston Daily Mail - West ...

MORGANTOWN, W.Va. -- A lawsuit claiming hundreds of children were exposed to toxic coal dust from a Massey Energy Co. silo next to Marsh Fork Elementary School may be tried next spring. Raleigh County Judge Harry ... (Source: Charleston Daily Mail 2010-08-26T04:27:31Z)

Intel seen near deal for Infineon unit

Intel Corp. is reportedly close to buying Infineon Technologies AG 's wireless business for close to $2 billion. Bloomberg cited three sources it said have direct knowledge of the discussions in a story that ... (Source: Sacramento Business Journal 2010-08-27T15:46:22Z)

Intel, Infineon Near Deal for Mobile Chip Business: Reports

Intel reportedly is on the verge of buying Infineon's wireless chip business, several months after rumors of such a deal began surfacing and a week after the giant chip maker surprised the industry with its proposed $7 ... (Source: eWeek 2010-08-27T03:07:36Z)

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)

N.J. schools chief fired after Race to Top gaffe

TRENTON, N.J. — New Jersey Gov. Chris Christie fired his education commissioner Friday, days after it was revealed that a simple mistake on an application form might have cost the state a $400 million ... (Source: Denver Post 2010-08-28T06:55:29Z)

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