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 16, 2010, 10:40 am

Doctor shot at Baltimore's Johns Hopkins hospital

Baltimore -- Baltimore police say they're setting up a tactical operation to deal with a gunman who is holed up on the eighth floor of Johns Hopkins hospital after shooting a doctor. A spokesman for Johns ... (Source: Detroit News 2010-09-16T16:34:14Z)

Hertz, Avis offer big bucks for Dollar Thrifty

Many companies are sitting on cash they hoarded during the recession. For some companies entertaining mergers, selling now may be a way to get the best price in case of a double-dip recession. Why the ... (Source: Marketplace.publicradio.org 2010-09-02T21:37:10Z)

Marchionne Targets Chrysler IPO in Second Half of Next Year

... s a second part of the year event," Sergio Marchionne, chief executive officer of both carmakers, told reporters in Turin today when asked when in 2011 a Chrysler share sale would take place. Fiat, which ... (Source: BusinessWeek 2010-09-16T13:35:17Z)

Israeli PM Benjamin Netanyahu, Palestinian Pres. Mahmoud Abbas agree to outline Mideast peace deal

WASHINGTON (AP) — Israeli and Palestinian leaders agreed Thursday to produce a framework for a permanent peace deal and to hold a second round of direct talks this month, a modest achievement reached ... (Source: New York Daily News 2010-09-02T18:09:35Z)

Former Hilton Pittsburgh reaches deal on new name, franchise

An attorney for the owner of the former Hilton Pittsburgh says it has reached a deal to rename the hotel. Jonathan Kamin, attorney for Shubh Hotels Pittsburgh LLC, would not disclose the name of the new franchise but ... (Source: Pittsburgh Post-Gazette 2010-09-15T00:07:35Z)

One Palestinian killed as Israel bombs "Gaza tunnels"

who was taking part in negotiations between Palestinian President Mahmoud Abbas and Israeli Prime Minister Benjamin Netanyahu.Witnesses in the Palestinian town of Rafah, in the southern Gaza Strip, said the Israeli ... (Source: GlobalPost 2010-09-16T08:41:47Z)

Prosecutor says Andrew Gallo drank for hours before killing Angels pitcher Nick ...

... Nick Adenhart and two others fled on foot, even as people gave chase and yelled at him to stop, witnesses testified. Andrew Gallo, 23 ... 20-year-old Courtney Stewart and 25-year-old Henry Pearson. He has also ... (Source: Chicago Sun-Times 2010-09-15T18:01:19Z)

Man accused of killing Nick Adenhart in drunk driving crash fled the scene ...

Witnesses testified that Andrew Gallo , who is charged with murdering Angels' pitcher  Nick Adenhart and two others in a drunk ... 22,  Courtney Stewart, 20,  and Henry Pearson, 25. He has also pleaded not guilty ... (Source: Los Angeles Times 2010-09-15T19:12:54Z)

St. Louis Sheraton owner files for bankruptcy

... 117 million in local commercial mortgage-backed securities (CMBS) loans on 17 properties were delinquent on payments by 60 days or more, according to data from New York research firm Trepp LLC. That's up from ... (Source: St. Louis Business Journal 2010-09-15T21:43:14Z)

Avis Raises Bid for Dollar Thrifty, Attacks Hertz

Car rental company Avis Budget Group Inc ( CAR ) improved its offer for Dollar Thrifty Automotive Group ( DTG ). Avis raised the cash portion of the offer to $40.75 a share, from $39.25, Avis said in a statement. The ... (Source: Daily Finance 2010-09-02T12:25:59Z)

Summary Box: GM CEO committed to bailout payback

THE REPAYMENT: New General Motors Co. CEO Daniel Akerson said Thursday that it will take a couple of years to repay billions in bailout dollars to the U.S. government. But he said the company intends to pay back the ... (Source: AP - msnbc.com 2010-09-16T17:10:02Z)

Ex-Hilton would become Wyndham Grand Pittsburgh under plan

... Resorts signed a letter of intent with representatives of bankrupt hotel owner Shubh Hotels ... said Jonathan Kamin, another attorney for the hotel owners. Wyndham isn't worried about the former Hilton's well ... (Source: Pittsburgh Tribune-Review 2010-09-16T14:03:55Z)

Hertz Global Holdings to raise $300 million in senior notes to help pay for ...

Hertz plans to buy Dollar Thrifty for $1.56 billion following a bidding war with rival Avis Budget. The notes, due 2018, are expected to be guaranteed on a senior unsecured basis. (Source: Washington Examiner 2010-09-16T13:28:07Z)

Relief well is ready to deal killing blow to source of gulf spill

were within 20 to 25 feet of the designated intercept point deep underground below the gulf bottom, retired Adm. Thad Allen, the national spill-response chief, said from Kenner, La. Once the damaged well is intercepted, (Source: Pittsburgh Post-Gazette 2010-09-16T04:52:44Z)

Ex-Hilton would become the Wyndham Grand Pittsburgh under plan

The former Pittsburgh Hilton Hotel ... Attorney Jonathan Kamin, who represents the owners, said the Pittsburgh hotel would be operated at "a significantly higher level" under the Wyndham name. Shubh Hotels Pittsburgh ... (Source: Pittsburgh Tribune-Review 2010-09-15T16:28:16Z)

Doctor shot, gunman remains holed up inside Baltimore's Johns Hopkins hospital

BALTIMORE — Baltimore police say they're setting up a tactical operation to deal with a gunman who is holed up on the eighth floor of Johns Hopkins hospital after shooting a doctor. A spokesman for ... (Source: Register-Guard 2010-09-16T16:41:24Z)

Defendant's kin testifies in pitcher Nick Adenhart's death case

... stepbrother of a man charged with murder in a drunken-driving crash that killed rookie Los Angeles Angels pitcher Nick Adenhart and ... 20-year-old Courtney Stewart and 25-year-old Henry Pearson. He has also ... (Source: Salt Lake Tribune 2010-09-16T17:10:02Z)

Chrysler: Fiat showroom deadline is February

Sergio Marchionne, chief executive officer of both Chrysler and Fiat, has said the Fiat 500 will go on sale late this year in the U.S. as the Turin, Italy-based automaker reintroduces its namesake brand to the world ... (Source: Detroit News 2010-09-16T05:07:03Z)

Thad Allen: Gulf Oil Spill Well To Be Permanently Sealed, Declared Dead By Sunday

KENNER, La. — The Obama administration moved to head off another catastrophic leak like the BP disaster Wednesday, ordering oil and gas companies in the Gulf of Mexico to plug or dismantle thousands of ... (Source: Huffingtonpost.com 2010-09-15T21:57:33Z)

Tuesday's Games: Twins Extend Division Lead To 7 Games

Blue Jays 3: Rookie Jake Arrieta allowed four hits over six shutout innings, Nick Markakis and Adam Jones homered. RANGERS 11, TIGERS 4: David Murphy had a homer upheld on replay to help the Texas Rangers win their ... (Source: The Ledger 2010-09-16T04:59:53Z)

Repayment could take years, GM CEO says

... will take a couple of years for taxpayers to get back the billions they spent bailing out General Motors, but the company has a goal of returning the money, GM's new CEO said Thursday. CEO Daniel Akerson told ... (Source: Fort Wayne Journal Gazette 2010-09-16T17:02:52Z)

U.S. reportedly pushing three-month freeze extension

... Rodham Clinton made the suggestion Wednesday night during her meeting in Jerusalem with Israeli Prime Minister Benjamin Netanyahu and Palestinian Authority President Mahmoud Abbas, according to reports Thursday ... (Source: Jewish Journal of Greater Los Angeles 2010-09-16T17:10:02Z)

Fiat shareholders approve plan to split company

a key step toward CEO Sergio Marchionne's goal of creating a global car company with Chrysler LCC. Marchionne told shareholders at an extraordinary assembly that the Fiat Group Autos, thanks to the partnership with ... (Source: Forbes 2010-09-16T16:41:24Z)

Police: Doctor shot at Johns Hopkins hospital in Baltimore; suspect holed up inside

BALTIMORE (AP) — Baltimore police say they're setting up a tactical operation to deal with a gunman who is holed up on the eighth floor of Johns Hopkins hospital after shooting a doctor. A spokesman for Johns ... (Source: Cleveland News - Fox 8 2010-09-16T16:19:55Z)

GM CEO says taxpayers won't be repaid by initial stock sale; payment could take ...

DETROIT (AP) — General Motors ' new CEO says it's likely to take a couple of years for U.S. taxpayers to get their bailout money back. Daniel Akerson, who took over as CEO on Sept. 1, told reporters in ... (Source: Los Angeles Times 2010-09-16T12:59:29Z)

Orioles beat Blue Jays for fourth straight series win

BALTIMORE | Rookie Jake Arrieta allowed four hits over six shutout innings, Nick Markakis and Adam Jones homered, and the Baltimore Orioles beat the Toronto Blue Jays 11-3 on Tuesday night to win a fourth ... (Source: Washington Times 2010-09-15T02:37:54Z)

Orioles Pound Blue Jays

Arrieta pitches the Orioles to a rout of the Blue Jays. Rookie Jake Arrieta allowed four hits over six shutout innings, Nick Markakis and Adam Jones homered, and the Baltimore Orioles beat the Toronto Blue Jays 11-3 ... (Source: WDEL 1150AM 2010-09-15T03:56:39Z)

NOAA head: Scientists' work on Gulf spill far from done

WASHINGTON —  More than a week since a second university research cruise found oil on the bottom of the Gulf of Mexico ... Thad Allen, speaking with Lubchenco at a news conference in Kenner, La., said months of ... (Source: Joplin Globe 2010-09-16T12:59:29Z)

Las Vegas Apartment Market Still Reeling, Trepp Data Shows

... delinquency rate on apartment loans held in commercial mortgage-backed securities (CMBS) reached 28.3% in metro Las Vegas in July, well above the national delinquency rate of 14%, according to Trepp LLC, a New ... (Source: NATIONAL REAL ESTATE INVESTOR 2010-09-14T15:46:30Z)

Downtown Dallas' historic Davis Building up for sale

... than 160 Dallas-Fort Worth area commercial properties listed as being in loan default, in foreclosure or facing mortgage failure, according to the latest estimate from Trepp LLC. The New York-based commercial ... (Source: Dallas Morning News 2010-09-10T03:05:19Z)

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