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 17, 2010, 11:40 am

Citigroup Sheds Its Student Loan Business

Citigroup Inc. said Friday it is selling its student loan business and about $32 billion in related assets to Discover Financial Services and the student lender Sallie Mae, Citi's latest move to focus on its core ... (Source: NPR News 2010-09-17T17:37:29Z)

Venezuela state airline stops for safety checks

CARACAS - Venezuelan state airline Conviasa suspended flights on Friday for a two-week revision of safety standards after a crash and two emergency landings. "Given the events of recent days, Conviasa has ... (Source: CNBC 2010-09-17T12:51:09Z)

'Sexting' Wisconsin prosecutor rejects calls to resign

A Wisconsin prosecutor caught sending text messages to a domestic abuse victim is rejecting growing calls to resign and says he's the victim of a "smear campaign." Calumet County District Attorney Ken ... (Source: Seattle Times 2010-09-17T16:11:35Z)

UPDATE: Elan Review Finds No Wrongdoing; Directors Resign

DUBLIN (Dow Jones)--Drug maker Elan Corp. PLC (ELN) said Friday an independent review found there was no wrongdoing or legal breaches by management, and that two directors Vaughn Bryson and Jack Schuler ... (Source: Wall Street Journal 2010-09-17T09:09:14Z)

Man Emerges After Story About '93 Abduction

Dee Ann Adams, after almost two decades apart ... told The Waco-Tribune Herald on Thursday that his client "was motivated today by what is best for his son." Nugent did not immediately return a message Friday from ... (Source: San Diego Channel 2010-09-17T16:47:22Z)

Prosecutors' group calls Wisconsin DA's texts repugnant

The association's board on Friday approved a letter calling Calumet County District Attorney Ken Kratz's behavior repugnant and "inconsistent with the standards of our profession." The group of local district ... (Source: Morris County Daily Record 2010-09-17T18:20:26Z)

Mother says southern Indiana teen jokes, ate popcorn soon after killing 10-year ...

A doctor who performed an autopsy on a young Indiana boy ... he strangled his 10-year-old brother. In video testimony played Friday during Andrew Conley's sentencing hearing in the town of Rising Sun, Bridget Conley ... (Source: Republic 2010-09-17T17:37:29Z)

Israel urged to open up atomic program

... IAEA report said on Friday. The International Atomic Energy Agency (IAEA) report said Director General Yukiya Amano met with ... Jewish state to accede to the nuclear Non-Proliferation Treaty. By staying outside ... (Source: msnbc.com 2010-09-03T11:56:10Z)

Stars' Neal, Niskanen Agree To Terms On New Contracts

Frisco, TX, United States (AHN) - Dallas Stars general manager Joe Nieuwendyk inked left wing James Neal and defenseman Matt Niskanen to two-year contracts- the club announced Thursday. Neal's deal averages $2.875 ... (Source: All Headline News 2010-09-17T18:27:35Z)

Ahmadinejad: IAEA under pressure

Iranian President Mahmoud Ahmadinejad says the International Atomic Energy Agency (IAEA) is under Western pressure ... in which Director General Yukiya Amano concludes that the IAEA verifies the non-diversion of ... (Source: Presstv 2010-09-17T18:20:26Z)

London Slaying Creates Fears Of Violence In Pakistan

... near halt Friday amid fears of violence following the slaying in London ... member of the Muttahida Qaumi Movement, one of Pakistan's major parties and the largest in the coalition governing Karachi. The MQM is ... (Source: NPR News 2010-09-17T17:37:29Z)

Continental and UAL shareholders approve combo; deal expected to close by Oct. 1

Shareholders at Continental Airlines Inc. and UAL Corp. approve a deal to form the world's biggest airline. Continental officials announced preliminary results of voting during a shareholder meeting Friday in Houston ... (Source: San Francisco Examiner 2010-09-17T16:04:25Z)

Karachi Shuts Down After Politician Killed In London

Pakistan's biggest city Karachi shut down on Friday after a senior politician belonging to the city's dominant Muttahida Qaumi Movement (MQM) was stabbed to death in London. Imran Farooq, a founding member ... (Source: Post Chronicle 2010-09-17T11:32:24Z)

Elan report clears company; directors resign

... on Elan's board is over--and management won. Two dissident directors who'd been agitating for a new probe of the company's management have instead agreed to back off and resign. The resignations of Jack Schuler ... (Source: FiercePharma 2010-09-17T13:34:06Z)

Son reunited with his mother 17 years after abduction

Dee Ann Adams, after almost two decades apart ... told The Waco-Tribune Herald on Thursday that his client "was motivated today by what is best for his son." Nugent did not immediately return a message Friday from ... (Source: CTV 2010-09-17T16:54:32Z)

Venezuela state airline suspends flights for 2 weeks to review procedures after ...

CARACAS, Venezuela - Venezuela's state airline Conviasa on Friday began a two-week suspension of flights to improve safety after a plane crash that killed 17 people and a subsequent emergency landing. The ... (Source: Minneapolis Star Tribune 2010-09-17T17:01:41Z)

Discover Financial buying Citigroup's Student Loan Corp. stake for $600M

(AP) — Citigroup Inc. said Friday it is selling its student loan business and about $32 billion in related assets to Discover Financial Services and the student lender Sallie Mae, Citi's latest move to ... (Source: Crain's Chicago Business 2010-09-17T16:54:32Z)

Stars sign Neal and Niskanen to two-year deals

The Dallas Stars have signed left wing James Neal and defenseman Matt Niskanen to two-year contracts. The 23-year-old Neal will make $2.25 million in 2010-11 and $3.5 million the following year, while ... (Source: Kansas City Star 2010-09-17T00:19:32Z)

Texas man, 20, emerges after reportedly reading story about his 1993 abduction by ...

Dee Ann Adams, after almost two decades apart ... told The Waco-Tribune Herald on Thursday that his client "was motivated today by what is best for his son." Nugent did not immediately return a message Friday from ... (Source: San Francisco Examiner 2010-09-17T16:33:03Z)

Wisconsin prosecutor in sexting case rejects calls to resign

... Wisconsin prosecutor caught sending text messages to a domestic abuse victim rejected growing calls to resign on Friday and said he's the victim of a "smear campaign." Calumet County District Attorney Ken Kratz ... (Source: Morris County Daily Record 2010-09-17T16:40:13Z)

UPDATE: Venezuela State Airline Conviasa Grounded After Crash

CARACAS (Dow Jones)--Venezuela state airline Conviasa Friday canceled all of its flights until Oct. 1 to review procedures after a deadly crash Monday and an emergency landing of another flight Thursday ... (Source: Wall Street Journal 2010-09-17T13:19:47Z)

Mother of Andrew Conley, Indiana teen accused of killing brother, says her son ...

RISING SUN, Ind. (AP) — A woman has testified that her older son ate popcorn and joked with her the morning after he strangled his 10-year-old brother. Andrew Conley's mother, Bridget Conley, did not ... (Source: Morris County Daily Record 2010-09-17T18:13:16Z)

Approval of Continental sale to United Airlines forms world's biggest airline

... Continental airlines voted Friday to approve a combination of their companies that would create the world's biggest airline and could have ... Shareholders of United parent UAL Corp. will own 55 percent of the ... (Source: Marketplace.publicradio.org 2010-09-17T16:47:22Z)

Citigroup's Student Loan Corp. said to be near sale

itigroup Inc. is nearing a sale of its Student Loan Corp. business to Sallie Mae and Discover Financial Services in a deal that values the company at about $600 million, two people familiar with the matter said ... (Source: Daily Business Review 2010-09-17T16:04:25Z)

UPDATE 1-Elan says report finds no fault; directors to go

... Elan ( ELN.I ) has been cleared of any wrongdoing following a controversial review by a U.S. law firm, the Irish drugmaker said on Friday, adding that two directors would resign following the inquiry. Jack ... (Source: Reuters 2010-09-17T07:07:33Z)

Exiled Pakistani politician murdered in London

... politician living in exile in Britain has been murdered outside his London home, his party and sources said Friday. Imran Farooq, a senior member of Pakistan's Muttahida Qaumi Movement (MQM) party, was found ... (Source: YAHOO! 2010-09-17T02:28:22Z)

Mom Says Teen Joked After Killing Brother

RISING SUN, Ind. -- The mother of a southern Indiana teenager told attorneys he ate popcorn and joked with her the morning after he strangled his 10-year-old brother. In video testimony played Friday during Andrew ... (Source: WLKY.com 2010-09-17T17:58:57Z)

The world's biggest airline: Continental shareholders approve deal to combine ...

Continental officials announced the preliminary results of voting during a brief shareholder meeting Friday in Houston. Shareholders of United parent UAL Corp. were meeting near Chicago to vote on the $3 ... (Source: Morris County Daily Record 2010-09-17T16:18:44Z)

Stars re-sign Neal, Niskanen to two-year deals

Dallas Stars General Manager Joe Nieuwendyk announced today that the NHL club has agreed to terms with left wing James Neal and defenseman Matt Niskanen each on two-year contracts. Neal's contract averages $2.875 ... (Source: NHL.com 2010-09-16T23:58:03Z)

Israel Invited to Join Anti-Nuclear Pact

... IAEA report said on Friday. The International Atomic Energy Agency (IAEA) report said Director General Yukiya Amano met with ... Jewish state to accede to the nuclear Non-Proliferation Treaty. By staying outside ... (Source: Common Dreams 2010-09-03T12:17:38Z)

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