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 / September 15, 2010, 7:40 am

AIG could list Taiwan unit after failed sale -paper

... Reuters) - American International Group ( AIG ... Nan Shan back on sale, listing it in Taiwan or continuing to run it as a unit. Last month regulators blocked a bid for Nan Shan from battery maker China Strategic (Source: Reuters 2010-09-15T00:36:13Z)

China Strategic: AIG Looks to End Nan Shan Deal

HONG KONG—Efforts by China Strategic Holdings Ltd. and its consortium partner to buy American International Group Inc.'s Taiwanese life-insurance unit appear to be nearing an unsuccessful end, after the Hong Kong ... (Source: Wall Street Journal 2010-09-06T11:45:27Z)

Delaware elections: Christine O'Donnell defeats Mike Castle in GOP Senate race ...

Insurgent candidate Christine O'Donnell resoundingly defeated Rep. Mike Castle in Tuesday's Republican primary for the U.S. Senate, drawing inspiration and money from anti-incumbent tea partiers. O'Donnell ... (Source: Delaware Online 2010-09-15T07:45:43Z)

US proposes sale of war planes to Saudis

... seeking approval from Congress to sell up to $60 billion worth of sophisticated warplanes to Saudi Arabia and could add another $30 billion worth of naval arms in a deal designed to counter the rise of Iran as a ... (Source: Boston Globe 2010-09-14T07:11:06Z)

Tall is Back on Starbucks Drive-through Menu

Starbucks ... 12-ounce "tall" size from the menus customers see from their cars. The decision meant that people ordering at the drive-through generally only saw the larger 16-ounce "grande" and 20-ounce ... (Source: NBC Los Angeles 2010-09-14T22:56:00Z)

Allied Irish Races to Raise $6.3 Billion After Polish Unit Sale

Sept. 14 (Bloomberg) -- Allied Irish Banks Plc, which raised 2.5 billion euros ($3.2 billion) selling assets in Poland ... expected price for its Polish businesses, and now it has to move quickly." Ireland was ... (Source: BusinessWeek 2010-09-13T23:25:49Z)

U.S. may charge Muslim cleric linked to Fort Hood shootings

... Anwar al-Awlaki in case the CIA fails to kill him and he is captured alive in Yemen. The ... The Nigerian man charged with the attempted bombing, Umar Farouk Abdulmutallab, suggested in Detroit federal court ... (Source: Denton Record-Chronicle 2010-09-15T13:14:59Z)

Starbucks to put 12-oz Tall drinks back on drive-through menus

The new boards listed Grande (16 oz.) and Venti (20 oz.) sized beverages but no longer mentioned the smaller, cheaper cup size that's still for sale: Tall (12 oz.). Starbucks officials said the change was based on ... (Source: USA Today 2010-09-15T02:09:16Z)

Allied Irish Races to Raise $6.3 Billion After Sale

Sept. 14 (Bloomberg) -- Allied Irish Banks Plc, which raised 2.5 billion euros ($3.2 billion) selling assets in Poland ... expected price for its Polish businesses, and now it has to move quickly." Ireland was ... (Source: BusinessWeek 2010-09-14T08:22:41Z)

PAETEC acquiring Cavalier Telephone for $460M

PAETEC is best-known for anchoring Midtown redevelopment plans and once having its name on the professional soccer ... CEO Arunas Chesonis said. "We have lots of customers near the Cavalier fiber," Chesonis said. " (Source: Democrat and Chronicle 2010-09-14T08:58:29Z)

U.S. Eyes $60 Billion In Defense Sales To Saudis

... Obama administration is finalizing plans to sell $60 billion in fighter jets and helicopters to Saudi Arabia ... deals with the Saudis. The driving force behind the deal, the official says, is Iran, and the ... (Source: NPR News 2010-09-15T05:15:23Z)

Christine O'Donnell -- Crusader for Chastity -- Wins GOP Senate Nomination with ...

... Tea Party-Backed O'Donnell Upsets GOP With Senate Primary Win in Delaware " New York Times, "G.O.P. Insurgents Win in Del. and N.Y." by Jeff Zeleny Washington Post, "Christine O'Donnell upsets Mike Castle in ... (Source: Associated Content 2010-09-15T05:22:33Z)

Harley-Davidson to review labor deal, may stay in Wisconsin

Harley-Davidson Inc.'s three Wisconsin ... volumes of work to part-time workers. But it also saves hundreds of other jobs, at least in the short-term. Some 1,140 union members from a suburban Milwaukee plant voted, (Source: Rapid City Journal 2010-09-14T15:10:43Z)

UPDATE 2-Russia, Norway sign border deal for Arctic energy

... Arctic border treaty on Wednesday which opens the door to offshore oil and gas exploration. President Dmitry Medvedev and Norway's Prime Minister Jens Stoltenberg presided over the signing in Murmansk, a Barents ... (Source: Reuters India 2010-09-15T13:36:28Z)

Barents border deal sealed

Russia and Norway have ended a 40-year row over their Arctic border today, sealing a deal which opens to door to E&P in the disputed zone of the Barents Sea. ... Medvedev and Norway's Prime Minister Jens Stoltenberg ... (Source: Upstream Online 2010-09-15T13:14:59Z)

Harley-Davidson's Wisconsin plants to stay open

MILWAUKEE — Harley-Davidson Inc. agreed Tuesday to keep open its two Wisconsin production facilities ... of production jobs and assigns large volumes of work to part-time workers. Some 1,140 union members from the ... (Source: Post-Crescent 2010-09-15T09:47:24Z)

Labor Union Blocks Philly Papers Deal

A deal to sell the Philadelphia Inquirer and Philadelphia Daily News collapsed due to a contract impasse with a labor union, The Wall Street Journal reports. The $135 million sale was dependent on reaching new labor ... (Source: Emii.com 2010-09-15T14:12:15Z)

Allied Irish shares jump on sale of Polish unit

... shares in debt-crippled Allied Irish Banks over its euro2.9 billion ($3.7 billion) sale of its Polish ... in Poland. Allied Irish shares are 7 percent higher at euro0.80 on the Irish Stock Exchange. Ireland's ... (Source: AP - msnbc.com 2010-09-13T10:11:15Z)

Harley-Davidson to keep Milwaukee, Tomahawk plants open

MILWAUKEE — Harley-Davidson Inc. agreed Tuesday to keep open its two Wisconsin production facilities ... of production jobs and assigns large volumes of work to part-time workers. Some 1,140 union members from the ... (Source: Green Bay Press-Gazette 2010-09-15T11:56:15Z)

Starbucks nixes menu change

The new boards listed Grande (16 oz.) and Venti (20 oz.) sized beverages but no longer mentioned the smaller, cheaper cup size that's still for sale: Tall (12 oz.). Starbucks officials said the change was based on ... (Source: Courier-Post 2010-09-15T13:00:40Z)

Accused underwear-bomber gets OK to defend himself

Detroit -- The man accused of trying to blow up an airliner descending Christmas ... Umar Farouk Abdulmutallab, 24, of Nigeria fired his court-appointed lawyers and announced he will defend himself. "I don't feel any ... (Source: Detroit News 2010-09-15T11:13:18Z)

Russia, Norway sign deal on Barents Sea border, seek more development in mineral ...

MOSCOW (AP) — Russia and Norway have ... in the energy-rich Barents Sea, ending a dispute that has dragged on for decades. Russian President Dmitry Medvedev and Norwegian Prime Minister Jens Stoltenberg said after ... (Source: Chicago Tribune 2010-09-15T13:22:09Z)

Philly news drivers last holdout to court sale

... Philadelphia Inquirer and Philadelphia Daily News have balked at plans to end company contributions to their ... The company also operates the Philly.com website. The Teamsters Union Local 628 said in a ... (Source: Delaware County Daily Times 2010-09-15T09:18:46Z)

Rochester's PAETEC Plans to Buyout Rival, Build at Midtown

Paetec, an internet service and data provider, is a company a lot of people in Rochester watch closely because it was Paetec that planned to move into the renovated and rebuilt space at Midtown ... CEO Arunas Chesonis (Source: 13 WHAM 2010-09-13T22:57:11Z)

Chesonis upbeat as Paetec buys rival in $460 million deal

Paetec CEO Arunas Chesonis says his company's purchase of rival Cavalier ... Paetec is in the process of moving its corporate headquarters to a renovated Midtown Plaza in downtown Rochester. It's a $55 million dollar ... (Source: msnbc.com 2010-09-13T21:24:08Z)

Detroit bomb plot suspect fires lawyers, hints at plea deal

DETROIT -- A Nigerian man charged with trying to blow up an international flight with nearly 300 ... Umar Farouk Abdulmutallab didn't offer a specific reason for his displeasure with the four-lawyer, publicly ... (Source: Pittsburgh Tribune-Review 2010-09-14T03:57:50Z)

GOP Delaware Senate Nominee Christine O'Donnell a Staunch Supporter of Ex-Gay ...

Sept. 15 /PRNewswire-USNewswire/ -- Truth Wins Out called on GOP Senate nominee Christine O'Donnell, last night ... Donnell defeated nine-term Representative Mike Castle, a mainstay in Delaware politics and a ... (Source: Newsblaze.com 2010-09-15T12:53:31Z)

Court sale of Philly newspapers collapses

He wants to bring the company that operates The Philadelphia Inquirer and Philadelphia Daily News out of bankruptcy by mid-October. Raslavich says the company has "languished" in bankruptcy for more than 18 months too. (Source: AP - msnbc.com 2010-09-14T18:59:46Z)

$60B sale of planes to Saudis planned

... seeking a go-ahead from Congress to sell up to $60 billion worth of sophisticated warplanes to Saudi Arabia and could add another $30 billion worth of naval arms in a deal designed to counter the rise of Iran as ... (Source: NorthJersey.com 2010-09-14T05:59:31Z)

Update: AIG Has No New Move on Nan Shan Sale While China Strategic Says the Deal Is Terminated

(Corrects the name of China Strategic in the headline.) American International Group Inc. said it has not changed its position on the divestment of its Taiwanese life subsidiary Nan Shan Life Insurance Co. Ltd ... (Source: Insurance News Net 2010-09-09T13:22:06Z)

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