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 29, 2010, 10:41 pm

Justice Dept signs off on United-Continental deal

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: AP - msnbc.com 2010-08-28T00:21:46Z)

Will tough times trigger a selloff of corporate art?

London — Corporations worried about the bottom line are taking a look at their office walls. Over decades, many of the world's wealthiest banks and companies have built up art collections, rich in modern ... (Source: LJWORLD 2010-08-29T08:41:40Z)

HP counters Dell's offer for 3par Inc.

SEATTLE (AP) — Hewlett-Packard Co. said Thursday it is raising its offer for data-storage maker 3Par Inc. to about $1.69 billion, topping a revised bid that rival Dell Inc. made public earlier in the day. HP ... (Source: Deseret News 2010-08-27T05:09:17Z)

Southern system to lay off

Among the 13 who have already received their notices are Assistant Vice President for Academic and Student Affairs Melva Turner, who had been the chief of staff, and Assistant Vice President for Development Andrea ... (Source: Baton Rouge Advocate 2010-08-19T10:12:16Z)

Manny Ramirez No Longer with the Dodgers, Headed to the White Sox

Manny Ramirez, now out-of-favor slugger will be shipped to the Chicago White Sox in a waiver deal Monday, according to multiple sources. In his last official act as a Dodger, he is kicked out while pinch ... (Source: Associated Content 2010-08-30T04:22:47Z)

Mercury, Storm advance to conference finals in West

Diana Taurasi scored 23 points and Tangela Smith added 16 for the Phoenix Mercury in a 92-73 win Saturday at San Antonio, sweeping the Silver Stars in the first round of the Western Conference playoffs. Becky ... (Source: Raleigh News & Observer 2010-08-29T08:41:40Z)

United, Continental to help Southwest in New York market

United and Continental will help Southwest Airlines expand in the New York market as they try to clear a path for their merger. United and Continental said Friday that they will lease takeoff and landing slots ... (Source: Tulsa World 2010-08-29T07:44:24Z)

Crosland closes deal on $20.5M H.P. project

Construction on the Clara Cox affordable apartment community in High Point is set to begin next month after the developer secured funding this week for $20.5 million. Crosland was chosen in 2007 to redevelop ... (Source: Greensboro Business Journal 2010-08-12T23:56:37Z)

BP's life on frontiers of energy industry at risk after Gulf oil spill

LONDON — At a celebration of BP's centennial last October, CEO Tony Hayward boasted to guests that the oil company "lives on the frontiers of the energy industry." But this week, in the first major ... (Source: Lubbock Avalanche-Journal 2010-08-30T05:20:03Z)

Business briefs: Sanofi-Aventis offers $18.5B for Genzyme

French drug giant Sanofi-Aventis SA on Sunday publicly launched its $18.5 billion cash bid for American biotech firm Genzyme Corp. — a move that follows months of rumored interest and failed attempts to ... (Source: Herald Times 2010-08-30T04:58:34Z)

Benefits, challenges abound as practices implement EHR systems

Having final rules in place on the "meaningful use" of electronic health records, along with financial incentives, should pave the way for more medical practitioners to adopt the technology. Many ... (Source: Business First 2010-08-26T23:54:19Z)

Key moments in BP's push to operate on frontiers

A timeline of some key moments in BP PLC's drive to operate on the frontiers of the oil and gas industry: 1998 _ British Petroleum acquires Amoco in a $53 billion deal in December, giving the company an even ... (Source: WHEC TV-10 2010-08-29T18:42:58Z)

Baseball: Manny Ramirez reportedly headed to White Sox

Manny Ramirez' stay with the Dodgers is nearly over. According to multiple reports, a deal with the Chicago White Sox will be completed today. The White Sox were awarded a waiver claim on the slugger last week ... (Source: San Jose Mercury News 2010-08-30T04:51:25Z)

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)

Key moments in BP's push to operate on frontiers

A timeline of some key moments in BP PLC's drive to operate on the frontiers of the oil and gas industry: 1998 — British Petroleum acquires Amoco in a $53 billion deal in December, giving the company an even bigger ... (Source: AP - msnbc.com 2010-08-30T00:12:14Z)

HP, Dell in bidding war over 3Par Inc.

Hewlett-Packard Co. boosted its bid for 3Par Inc. by 11 percent to $1.88 billion Friday, topping Dell Inc.'s offer and again raising the stakes in the bidding contest for the data-storage company. The latest ... (Source: Desert Sun 2010-08-27T14:27:38Z)

Sanofi offers $18.5 billion for Genzyme

NEW YORK — French drug giant Sanofi-Aventis SA on Sunday publicly launched its $18.5 billion cash bid for American biotech firm Genzyme Corp. - a move that follows months of rumored interest and failed attempts to ... (Source: Houston Chronicle 2010-08-30T01:52:27Z)

Uzbek kids keep Silk Road running

KOKAND, Uzbekistan – For one month a year, from morning to night, Dilorom Nishanova grows silkworms, a painstaking, exhausting job. She's done it since she was 8. Uzbekistan's authoritarian government ... (Source: Olympian 2010-08-29T07:01:27Z)

ULM confirms budget cuts forced layoff of maintenance workers

State budget cuts forced the University of Louisiana at Monroe earlier this summer to lay off and offer early retirement to a significant number of maintenance and repair workers, the university confirmed ... (Source: News-Star 2010-08-27T22:48:43Z)

Metro Council President David Bragdon goes out swinging

Metro Council President David Bragdon is leaving Portland loudly. Bragdon, whose terms ends in January, has become the Columbia River Crossing project's most vocal critic. He's blasted the lengthy $100 ... (Source: Portland Business Journal 2010-08-26T23:54:19Z)

Great Silk Road's modern dark side: Government forces Uzbek children to help grow ...

KOKAND, Uzbekistan (AP) — For one month a year, from morning to night, Dilorom Nishanova grows silkworms, a painstaking and exhausting job. She has been doing it since she was 8. Uzbekistan's authoritarian ... (Source: Fort Lauderdale Sun-Sentinel 2010-08-29T04:02:29Z)

F Clarke MacArthur signs 1-year deal with Maple Leafs

T ORONTO — Forward Clarke MacArthur has signed a one-year contract with the Toronto Maple Leafs. The team announced the deal with the unrestricted free agent Saturday. MacArthur had 16 goals and 19 assists last season ... (Source: Boston Herald 2010-08-29T10:00:24Z)

Tough times spur office art selloff

LONDON — Corporations worried about the bottom line are taking a look at their office walls. Over decades, many of the world's wealthiest banks and companies have built up art collections, rich in modern ... (Source: Medford Mail Tribune 2010-08-29T09:03:08Z)

Sanofi-aventis Discloses $69 Per Share Offer For Genzyme

(RTTNews) - Sanofi-aventis (SNY: News ), Sunday said it has submitted a non-binding proposal to acquire Genzyme Corp. (GENZ: News ) for $69 per share in an all-cash transaction valued at approximately $18.5 billion. This ... (Source: RTT News 2010-08-29T19:11:36Z)

Leafs sign MacArthur for one year

Free-agent forward Clarke MacArthur was signed to a one-year contract with the Toronto Maple Leafs on Saturday. Terms of the deal were not disclosed, but TSN of Canada reported the deal is worth $1.1 million ... (Source: Kansas City Star 2010-08-28T19:55:44Z)

Report: Manny Ramirez will be joining the White Sox

According to the Los Angeles Dodgers' website Sunday night, the Dodgers are going to allow the White Sox to claim Manny Ramirez off waivers Monday. It is not known if Ramirez is going to be with the Sox on Monday night ... (Source: Arlington Heights Daily Herald 2010-08-30T02:13:56Z)

Silk's dark side: Uzbek kids forced into work

KOKAND, Uzbekistan -- For one month a year, from morning to night, Dilorom Nishanova grows silkworms, a painstaking and exhausting job. She has been doing it since she was 8. Uzbekistan's authoritarian ... (Source: Delaware Online 2010-08-29T07:51:33Z)

HP makes $1.6 billion bid for 3PAR Inc.

Hewlett-Packard Co (HPQ.N) launched a $1.6 billion bid for data storage company 3PAR Inc (PAR.N) on Monday, topping an offer by technology rival Dell Inc (DELL.O). HP bid $24 a share for 3PAR, about 33 percent ... (Source: New York Daily News 2010-08-23T16:41:14Z)

Budget cuts force ULM layoffs

State budget cuts forced the University of Louisiana at Monroe earlier this summer to lay off and offer early retirement to a significant number of maintenance and repair workers, the university confirmed ... (Source: News-Star 2010-08-28T06:12:32Z)

Corporations selling off art

LONDON - Corporations worried about the bottom line are taking a look at their office walls. Over decades, many of the world's wealthiest banks and companies have built up art collections, rich in modern ... (Source: Tulsa World 2010-08-29T20:58:58Z)

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