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Deals of the Hour / August 6, 2010, 4:39 pm

Circuit Court to Consider Brooklyn Judge's FDNY Decision

CADMAN PLAZA EAST (AP) — New York City Mayor Michael Bloomberg says the city will appeal a Brooklyn judge's ruling that halted the hiring of rookie firefighters amid test-discrimination claims. Bloomberg says the ... (Source: Brooklyn Daily Eagle 2010-08-06T22:52:09Z)

HP's Mark Hurd Resigns After Sexual-Harassment Probe

Aug. 6 (Bloomberg) -- Hewlett-Packard Co. said Mark Hurd has decided with the Board of Directors to resign as chief executive officer immediately. The board has appointed Chief Financial Officer Cathie Lesjak ... (Source: Bloomberg 2010-08-06T22:59:18Z)

Google buys Slide, makes social network splash

NEW YORK -- Google announced Friday that it has agreed to purchase social networking app maker Slide for an undisclosed amount. The deal marks the latest try for the search giant to make some headway into the ... (Source: Cleveland Plain Dealer 2010-08-06T17:37:11Z)

It's over: Greenberg/Ryan win auction

Nolan Ryan and Chuck Greenberg are the new owners of the Texas Rangers , pending final approval of Major League Baseball. Ryan learned that the Rangers Baseball Express had persevered when Mark Cuban, Jim ... (Source: ESPN.com 2010-08-05T10:07:24Z)

GM chief expects good demand for company stock

TRAVERSE CITY, Mich. — Demand for General Motors Co. stock should be good once the company decides to offer its shares to the public, CEO Ed Whitacre said Thursday. The company, he said, is moving as fast as ... (Source: Monterey County Herald 2010-08-06T23:13:37Z)

Mark Cuban group, Nolan Ryan-Chuck Greenberg set to square off in Rangers auction

UPDATE, 1:32 p.m. ET: The Greenberg group made an 11th-hour bid to purchase the club Tuesday night. He won the agreement of some of the major lenders, but was blocked by a second-lien holder, San Galatioto ... (Source: USA Today 2010-08-04T19:19:46Z)

Chiefs hope to get more from Jackson

St. Joseph -- Tyson Jackson's first season as the main building block in Kansas City's new defense can be described in three short words: one paltry sack. There was precious little production from the LSU star ... (Source: News-Leader.com 2010-08-05T07:58:33Z)

Apple in talks to buy China firm, deal by September

Apple is in talks to buy Chinese software maker Handseeing, an executive at the Chinese company said on Friday, a deal that would mark the iPhone maker's first acquisition in the country. "We should have a ... (Source: CNBC 2010-08-06T09:51:53Z)

Lakers agree to two-year, $4.6 million deal with Shannon Brown

Shannon Brown is returning to the Lakers, turning down more lucrative offers for a shot at a third straight NBA championship. Brown's agent, Mark Bartelstein, told The Associated Press on Thursday that the ... (Source: Los Angeles Daily News 2010-08-06T05:48:31Z)

GM's CEO Is Right To Want Full Sale at IPO

General Motors is eager for its upcoming initial public offering. In fact, the automaker's CEO Ed Whitacre is hoping to sell all of the stock resulting from the bailout at that time. If the firm does pull off that feat ... (Source: Atlantic Online (blog) 2010-08-06T18:12:58Z)

Brown set to sign with Lakers

Agent Mark Bartelstein told The Los Angeles Times that Shannon Brown will sign a two-year deal to remain with the Lakers. "Obviously, the process took a while, but Shannon wanted to be here and they wanted ... (Source: WEEI 2010-08-06T13:48:07Z)

Yoko Ono opposes parole for John Lennon's killer - Arts & Entertainment ...

BEVERLY HILLS, Calif. -- Three decades after John Lennon's death, Yoko Ono said she opposes his killer's parole because he remains a potential threat. Ono said she was trying to be "practical'' in asking that Mark David ... (Source: Charleston Daily Mail 2010-08-06T12:43:41Z)

Apple Eyes Acquisition of Chinese Software Firm HandSeeing

Apple ( AAPL ) is reportedly in talks to acquire China-based online game and social-networking developer HandSeeing Information Technology , according to a Reuters report . If finalized, the deal would mark the U.S ... (Source: Daily Finance 2010-08-06T18:12:58Z)

HP CEO Mark Hurd steps down after sexual-harassment probe

PALO ALTO, Calif. (AP) — Hewlett-Packard Co. said CEO Mark Hurd is stepping down following a sexual-harassment probe that found other violations of company standards. HP said Friday that Hurd decided to ... (Source: Reno Gazette 2010-08-06T22:23:31Z)

Max Levchin Says Embracing Failure Is Dumb

Listen to Max Levchin, and you'd think that Schmidt got it all wrong. Levchin is CEO of Slide, the social gaming company that Google acquired this week for a reported $182 million. He's joining Google as ... (Source: Gigaom.com 2010-08-06T21:40:34Z)

Yoko Ono opposes parole for John Lennon's killer 30 years after pop legend's death

BEVERLY HILLS, Calif. (AP) — Three decades after John Lennon 's death, Yoko Ono said she opposes his killer's parole because he remains a potential threat. Ono said she was trying to be "practical" in asking that Mark ... (Source: Baltimore Sun 2010-08-06T17:44:20Z)

Chiefs still waiting for Jackson to fulfill potential

Tyson Jackson's first season as the main building block in Kansas City's new defense can be described in three short words: one paltry sack. There was precious little production from the LSU star the Chiefs ... (Source: Tacoma News Tribune 2010-08-02T23:54:09Z)

Judge Blocks FDNY Hiring, Says Test Invalid

The mostly white Fire Department of New York is temporarily barred from hiring more than 300 rookie firefighters because it used an entry exam that discriminates against blacks and Hispanics, a federal judge ... (Source: Insurance Journal 2010-08-06T14:23:54Z)

Texas Rangers get OK to exit bankruptcy protection after Nolan Ryan wins auction to ...

FORT WORTH, TEXAS — The Texas Rangers got approval to exit federal bankruptcy protection, an anticlimactic end to one of the most contentious sales of a professional sports team. The hearing on the team's ... (Source: Washington Examiner 2010-08-06T15:35:29Z)

Shannon Brown to sign two-year deal with Lakers

Lakers free agent guard Shannon Brown has agreed to a two-year contract worth about $4.6 million to stay with the team, his agent, Mark Bartelstein, said Thursday. "Obviously, the process took a while, but Shannon wanted ... (Source: Los Angeles Times Blogs 2010-08-06T05:05:34Z)

Harley-Davidson finishes sale of MV Agusta

Harley-Davidson Inc. said Friday it finished its sale of Italian motorcycle maker MV Agusta to Claudio Castiglioni. Castiglioni is the company's former owner and had served as MV Agusta's chairman since Harley-Davidson ... (Source: AP - msnbc.com 2010-08-06T18:05:49Z)

Whitacre expects stocks to sell together

TRAVERSE CITY (AP) — Eager to get out from under government control, GM expects to sell its stock in one swoop when it offers shares to the public sometime later this year, its CEO said Thursday. Some experts had ... (Source: Traverse City Record-Eagle 2010-08-06T11:10:38Z)

Chiefs hoping for big things from big man

Tyson Jackson's first season as the main building block in Kansas City's new defense can be described in three short words: one paltry sack. There was precious little production from the LSU star the Chiefs ... (Source: Gettysburg Times 2010-08-06T12:29:22Z)

Harley concludes MV Agusta sale

Harley-Davidson said today it has concluded the sale of its subsidiary, MV Agusta, to Claudio Castiglioni and his wholly owned holding company, MVAgusta Motor Holding. Castiglioni is the former owner of the ... (Source: York Daily Record 2010-08-06T21:19:05Z)

HP CEO Mark Hurd Resigns after Violating Company Policies

Hewlett-Packard Co. chief executive officer Mark Hurd is stepping down effective immediately, the company announced late Friday. Hurd, HP's CEO for more than five years, resigned following a sexual harassment ... (Source: Redmondmag.com 2010-08-06T21:33:24Z)

Harley-Davidson Completes Sale Of MV Agusta

MILWAUKEE (AP) -- Harley-Davidson Inc. said Friday it finished its sale of Italian motorcycle maker MV Agusta to Claudio Castiglioni. Castiglioni is the company's former owner and had served as MV Agusta's chairman ... (Source: Industrial Distribution 2010-08-06T19:17:24Z)

Apple In Talks To Buy China's Handseeing

Apple Inc is in talks to buy Chinese software maker Handseeing, an executive at the Chinese company said on Friday, a deal that would mark the iPhone maker's first acquisition in the country. "We should have a ... (Source: Post Chronicle 2010-08-06T11:39:16Z)

Brooklyn Judge Deals Another Blow to FDNY Practices

CADMAN PLAZA EAST (AP) — The mostly white Fire Department of New York is temporarily barred from hiring more than 300 rookie firefighters because it used an entry exam that discriminates against blacks and Hispanics, a ... (Source: Brooklyn Daily Eagle 2010-08-05T20:51:38Z)

Yoko Ono opposes parole for John Lennon's killer

Three decades after John Lennon's death, Yoko Ono says she opposes parole for his killer because he remains a potential threat. Ono says she was trying to be "practical" in asking that Mark David Chapman remain ... (Source: Pbpulse 2010-08-06T17:51:30Z)

Biz Break: HP CEO Mark Hurd resigns; plus: Google buys Slide

Today: HP CEO Mark Hurd resigns. Google buys San Francisco startup Slide. "FarmVille" maker Zynga buys Tokyo games developer Unoh. The U.S. loses 131,000 payroll jobs in July. HP CEO Mark Hurd resigns Hewlett ... (Source: Silicon Valley 2010-08-06T22:09:12Z)

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