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 30, 2010, 4:39 am

Sanofi makes $18.5 bln Genzyme offer public

Sanofi said it is considering all options to complete the transaction, hinting it would consider a hostile takeover bid. The so-called "bear hug" letter aims to pressure Genzyme to respond to the offer or justify to its ... (Source: Inside Fidelity 2010-08-30T03:18:21Z)

White House to offer homeowner aid

WASHINGTON – The Obama administration plans to set up an emergency loan program for the unemployed and a government refinancing effort in the next few weeks to help homeowners pay their mortgages after home ... (Source: Olympian 2010-08-30T07:07:25Z)

First family's Vineyard vacation ends

CG AIR STATION CAPE COD — A rested President Barack Obama and his family left Cape Cod aboard Air Force One yesterday morning following their 10-day island vacation on Martha's Vineyard. It's now back to the ... (Source: Cape Cod Times 2010-08-30T06:10:09Z)

Bank of Japan announces fresh easing measures

TOKYO (AFP) – The Bank of Japan on Monday responded to government pressure to counter a strong yen by extending a multi-billion-dollar loan programme, but the currency moved higher still with markets ... (Source: YAHOO! 2010-08-30T07:43:13Z)

German "Jewish gene" banker launches book amid outrage (1st Lead)

Berlin - German central bank executive Thilo Sarrazin on Monday defended his controversial remarks over the existence of a 'Jewish gene' at the launch of his new book which claims Muslim immigrants are ... (Source: Monsters and Critics 2010-08-30T10:56:29Z)

Actors' Protest and Rabbi's Sermon Stoke Tensions in Israel Ahead of Peace Talks

JERUSALEM -- Israel was in an uproar on Sunday over a refusal by Israeli theater artists to perform in West Bank Jewish settlements, and Palestinians were outraged by a virulently anti-Palestinian sermon by a Jerusalem ... (Source: Pittsburgh Post-Gazette 2010-08-30T06:03:00Z)

Sanofi-Aventis gets tough in Genzyme bid

Pharmaceutical giant Sanofi-Aventis on Sunday publicly confirmed for the first time its previously reported bid for Genzyme Corp. (Nasdaq: GENZ) and moved to prod Genzyme shareholders into embracing a deal ... (Source: Boston Business Journal 2010-08-30T06:10:09Z)

Japan central bank extends loan program, while PM unveils $11 billion stimulus

TOKYO - Japan's government and the central bank threw the economy a double lifeline Monday, seeking to contain a strong yen and revive a faltering recovery. To boost liquidity, the central bank unveiled a new ... (Source: Minneapolis Star Tribune 2010-08-30T11:10:48Z)

Survey: Economists pleased with Fed's current monetary policy, but split on fiscal ...

NEW YORK (AP) — Economists are satisfied with the Federal Reserve 's current interest rate policy, but they're divided over how the central bank should proceed over the next 12 months, a new survey finds ... (Source: Los Angeles Times 2010-08-30T10:49:20Z)

Intel buying Infineon's wireless operations

BERLIN—German chipmaker Infineon Technologies AG says it is selling its wireless unit WLS to U.S. chipmaker Intel Corp. in a $1.4 billion cash deal. The Neubiberg-based company said Monday the deal is ... (Source: Marin Independent Journal 2010-08-30T06:38:47Z)

Divisive German banker launches immigration book

A leading German banker whose remarks stereotyping Muslims and Jews have sparked outrage launched his new book on immigration issues Monday amid calls for his removal from the central bank's board. Chancellor Angela ... (Source: AP - msnbc.com 2010-08-30T11:25:07Z)

N.J. family meets Pres. Obama and First Lady on Martha's Vineyard vacation

MORRIS TWP. — When Brianna and Justin Barrett return to school and are asked to write about their summer vacation, they'll certainly have an interesting story to tell. This past Wednesday, while vacationing ... (Source: Courier-Post 2010-08-30T09:59:13Z)

1STLEAD: German 'Jewish gene' banker launches book amid outrage

availableBerlin - German central bank executive Thilo Sarrazin on Monday defended his controversial remarks over the existence of a "Jewish gene" at the launch of his new book which claims Muslim immigrants ... (Source: Earthtimes 2010-08-30T10:49:20Z)

Two new programs planned to help homeowners

WASHINGTON (AP) — The Obama administration's top housing official says several new programs are in the works to help try to revive the housing market. Housing and Urban Development Secretary Shaun Donovan ... (Source: Times-Argus 2010-08-30T07:36:03Z)

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: KSTP 2010-08-29T04:31:07Z)

Survey finds support for Fed but split on spending

NEW YORK — Economists are satisfied with the Federal Reserve's current interest rate policy, but they're divided over how the central bank should proceed over the next 12 months, a new survey finds. The ... (Source: Huffingtonpost.com 2010-08-30T10:49:20Z)

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)

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)

Sermon, artists' protest roil Israel

JERUSALEM — Israel was in an uproar yesterday over a refusal by Israeli theater artists to perform in West Bank Jewish settlements, and Palestinians were outraged by a virulently anti-Palestinian sermon by a ... (Source: Boston Globe 2010-08-30T07:14:35Z)

Genzyme (GENZ) Trades Right at Sanofi's $69 Offer

Genzyme (GENZ) Trades Right at Sanofi's $69 Offer Shares of Genzyme Corp. (Nasdaq: GENZ) ... This article: 28 words Date Published: Aug 30, 2010 07:02AM Why is this preview so short? StreetInsider.com provides up-to ... (Source: StreetInsider.com 2010-08-30T11:03:39Z)

White Sox nearing deal with Dodgers for Manny Ramirez

The White Sox and Los Angeles Dodgers may be closing in on a deal to send Dodgers outfielder Manny Ramirez to the South Side in exchange for minor league prospects. The deal appeared to be close Wednesday when ... (Source: Chicago Sun-Times 2010-08-25T20:49:24Z)

Bank of Japan holds emergency policy meeting

The Bank of Japan is holding an emergency meeting Monday as political pressure mounts for the central bank to ease monetary policy in the face of a surging yen. In a statement on its website, the bank said the meeting is ... (Source: AP - msnbc.com 2010-08-30T02:56:53Z)

Most Economists Favor Extending Bush Tax Cuts

WASHINGTON -(Dow Jones)- Most U.S. economists want the Bush-era tax cuts to be extended given growing concerns about the strength of the recovery, but a survey released Monday also showed divisions on what ... (Source: Smart Money 2010-08-30T10:13:32Z)

Sox, Dodgers near deal for Manny Ramirez

According to the Los Angeles Times, the Los Angeles Dodgers have agreed to send Manny Ramirez to the Chicago White Sox, who won the waiver claim on the embattled left fielder. However, the Times has learned from a ... (Source: NWI.com 2010-08-30T05:41:31Z)

Intel buying Infineon's wireless operations

(AP) BERLIN - German chipmaker Infineon Technologies AG is selling a unit that makes products for wireless telephones to California's Intel Corp. in a $1.4 billion cash deal, the companies said Monday ... (Source: WHEC TV-10 2010-08-30T09:09:07Z)

Israel-Palestinian summit: The settler point of view

The Israeli-Palestinian peace summit this week in Washington has again put a spotlight on Jewish settlement construction in the West Bank. Palestinian leaders say the U.S.-sponsored negotiations will collapse ... (Source: Chicago Tribune 2010-08-29T03:19:32Z)

UPDATE 1-Intel could announce Infineon deal soon-sources

FRANKFURT Aug 29 (Reuters) - U.S. chipmaker Intel ( INTC.O ) is near a deal to buy German chipmaker Infineon's ( IFXGn.DE ) wireless business and could pay more than 1 billion euros ($1.27 billion), people ... (Source: Reuters 2010-08-30T00:33:43Z)

First family ends Martha's Vineyard vacation

President Barack Obama has wrapped up his vacation on Martha's Vineyard and is heading for New Orleans to mark the fifth anniversary of Hurricane Katrina. The president and his family boarded a Marine ... (Source: Grand Island Independent 2010-08-29T16:41:16Z)

BP frozen out of oil drilling off Greenland

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 sign that ... (Source: News-Leader.com 2010-08-30T07:57:32Z)

HUD chief cites progress in New Orleans housing

WASHINGTON — Housing and Urban Development Secretary Shaun Donovan says solid progress has been made in the last 18 months to return families to their homes in New Orleans. Donovan said there is still "much ahead of ... (Source: San Mateo Daily Journal 2010-08-30T10:35:01Z)

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