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 23, 2010, 6:41 pm

Potash Corp. Takes BHP to Court

LONDON—Potash Corp. of Saskatchewan Inc. on Wednesday filed a legal complaint against BHP Billiton Ltd. on grounds that the mining titan's unsolicited $39 billion offer for Potash Corp. was built upon ... (Source: Wall Street Journal 2010-09-23T12:58:21Z)

Lenders buy Philly papers at auction for $105 million

... Philadelphia Daily News ... Philly.com operations into the newspaper building to revamp the website and better integrate print and online newsgathering. The lenders' offer topped an $85 million bid from ... (Source: Maryland Daily Record 2010-09-23T22:59:38Z)

Lenders win Philly papers auction with $105M bid

... Philadelphia Daily News ... Philly.com operations into the newspaper building to revamp the website and better integrate print and online newsgathering. The lenders' offer topped an $85 million bid from Raymond ... (Source: AP - msnbc.com 2010-09-23T22:09:32Z)

How Obama Is Getting Ready for 2011

... Republican strategist and former House member from Minnesota. One reason is that the new Congress is likely to be even more ... On Sept. 21 the White House said Lawrence H. Summers, the director of the National ... (Source: BusinessWeek 2010-09-23T20:57:57Z)

House passes small business legislation

the House voted Thursday to send the bill to President Obama's desk. The measure, which passed the House ... Small businesses are the linchpin of our nation's economic growth and well-being," said Steve Bartlett, (Source: Yahoo Finance 2010-09-23T20:50:48Z)

Potash Sues BHP to Block Bid

OTTAWA — Potash Corp. of Saskatchewan filed a lawsuit Wednesday in an attempt to block a hostile, $38.6 billion takeover offer from BHP Billiton , even as a major Chinese chemical company made a move ... (Source: New York Times 2010-09-22T15:22:42Z)

Why does Obama hate tax cuts?

President Obama sought to ... The Economic Growth and Tax Relief Reconciliation Act (EGTRRA) of 2001 created six new tax rate brackets — 10, 15, 25, 28, 33 and 35 percent, based on one's income levels. (Source: Sun Journal 2010-09-23T22:31:00Z)

FAA says new 'hangar home' deals won't fly at federally funded airports

... hangar homes ... Federal Aviation Administration official said yesterday. "The fundamental distinctions between public use airports . . . and private airports have begun to blur,'' Catherine Lang, the FAA' (Source: Boston Globe 2010-09-23T09:37:55Z)

Chief of Staff Pick Would Offer a View on Obama's Strategy

Whether Democrats lose control of Congress this November or simply emerge weakened ... the post-Republican takeover phase, the impeachment phase and the post-impeachment phase. These phases corresponded roughly, (Source: New York Times 2010-09-23T16:11:37Z)

CAVS NOTES: Jawad Williams signs qualifying offer

Forward Jawad Williams has officially signed his qualifying offer from the Cavaliers. He was offered a $1.03 million contract in June. The 6-foot-9, 218-pounder spent the summer trying to find a better ... (Source: Morning Journal 2010-09-23T12:15:24Z)

FAA says hangar homes won't fly

... with "hangar homes ... Federal Aviation Administration official said Wednesday. "The fundamental distinctions between public use airports ... and private airports have begun to blur," Catherine Lang, the ... (Source: Bend Bulletin 2010-09-23T11:03:49Z)

Lenders To Pick Up Philly Papers For $105M

... 105 million for the media company to beat out a competing $85 million offer from Philadelphia philanthropist Raymond Perelman and the ... The Philadelphia Daily News and the website Philly.com, the soon-to-be ... (Source: site.law360.com 2010-09-23T23:42:35Z)

UPDATE: China: To Pay Attention To BHP's Bid For Potash

BEIJING -(Dow Jones)- China's Ministry of Commerce will pay attention to mining giant BHP Billiton Ltd.'s (BHP) bid for Potash Corp. of Saskatchewan Inc. (POT), as the deal will impact China, ministry ... (Source: Smart Money 2010-09-15T06:34:08Z)

DREAM Act would offer big number of possible recruits for Pentagon

The less publicized part of the Development, Relief and Education for Alien Minors ... vote on a defense spending bill to which the DREAM Act was attached as an amendment. Senate Democrats vowed to reintroduce it. (Source: Nashville Tennessean 2010-09-23T07:07:35Z)

World powers prepare to meet with Iran on nuclear dispute

... DPA) A meeting of world powers in New York Wednesday focused on preparing for a possible meeting with Iran to discuss the Islamic state's nuclear activities, a senior US official said. The foreign ministers from ... (Source: Smash Hits.com 2010-09-22T23:50:56Z)

Cavs Sign F Jawad Williams

... signed forward Jawad Williams to a one-year contract. Williams' contract is worth roughly $1 million , but is not fully guaranteed. He was a restricted free agent and the Cavs extended him a qualifying offer on ... (Source: NBC4 Columbus 2010-09-23T19:32:03Z)

Republicans Take Aim At Outspoken Liberal In Florida

... Republican. Instead of keeping his head down and playing it safe, once he got to Congress, Grayson quickly made ... so she became the first artist-in-residence at Lawrence Berkeley National Laboratory ... (Source: KQED 2010-09-23T20:29:19Z)

World powers renew offer of nuke talks with Iran

... Iran's suspect nuclear program, seeking a quick resolution to the long-running dispute. Secretary of State Hillary Rodham Clinton, European Union foreign policy chief Catherine Ashton and the foreign ministers ... (Source: AP - msnbc.com 2010-09-22T17:38:42Z)

Scholastic (SCHL) Posts Rocky Q1, Sets $150 Million Tender Offer

Scholastic Corp ... as we use the Company's strong free cash flow and balance sheet to increase long-term shareholder returns," commented Richard Robinson, Chairman, President and Chief Executive Officer. " (Source: StreetInsider.com 2010-09-23T12:15:24Z)

World powers renew offer of negotiations to settle dispute over Iran's nuclear ...

... Iran's suspect nuclear program, seeking a quick resolution to the long-running dispute. Secretary of State Hillary Rodham Clinton, European Union foreign policy chief Catherine Ashton and the foreign ministers ... (Source: Washington Examiner 2010-09-22T18:28:49Z)

Wednesday's Sports Wire: Former Kent State star Harrison fined by NFL

... signed forward Jawad Williams to a one-year contract. Williams' contract is worth roughly $1 million, but is not fully guaranteed. He was a restricted free agent and the Cavs extended him a qualifying offer on ... (Source: Recordpub 2010-09-23T23:35:26Z)

BHP Billiton (BHP) Extends PotashCorp (POT) Offer While Saskatchewan Questions Bid

The premier Saskatchewan, Brad Wall, questioned publicly on Monday whether a foreign takeover of Potash Corporation of Saskatchewan (NYSE: POT ) is good for the Canadian province, amid the hostile takeover bid for ... (Source: StreetInsider.com 2010-09-21T12:32:05Z)

Scholastic Reports Fiscal 2011 First Quarter Results

... and ebooks, as we use the Company's strong free cash flow and balance sheet to increase long-term shareholder returns," commented Richard Robinson, Chairman, President and Chief Executive Officer. "In Scholastic ... (Source: Yahoo Finance 2010-09-23T11:25:17Z)

Local students express frustration as Senate rejects DREAM Act proposal

... DREAM Act, also known as the Development, Relief and Education for Alien Minors Act ... The majority of Democrats in Congress approved the legislation, but Republicans overwhelmingly opposed it, saying it would ... (Source: Fontana Herald News 2010-09-23T19:24:54Z)

FAA says hangar homes won't fly at public airports

... with "hangar homes ... Federal Aviation Administration official said Wednesday. "The fundamental distinctions between public use airports ... and private airports have begun to blur," Catherine Lang, the ... (Source: San Mateo Daily Journal 2010-09-23T11:03:49Z)

Factbox: Obama, Republican offer competing economic plans

... and 2003 tax cuts expire at the end of the year and income tax rates revert back to pre-2001 levels. * Obama wants ... economic growth. * Democrats say moving too quickly to impose austerity measures would slow ... (Source: Reuters 2010-09-08T16:29:25Z)

Canada Extends Review of BHP-Potash Bid, Clement Says

(Adds government comment in second paragraph.) Sept. 23 (Bloomberg) -- Canada extended the deadline to review BHP Billiton Ltd.'s $40 billion hostile takeover offer for Potash Corp. of Saskatchewan Inc ... (Source: BusinessWeek 2010-09-23T20:15:00Z)

BHP Billiton Extends Tender Offer For Potash By 30 Days - Update

... comprising of BHP Billiton Ltd. and BHP Billiton Plc., has Monday extended its all-cash tender offer to acquire all of the issued and outstanding common shares of Canadian fertilizer maker Potash Corp. of Saskatchewan ... (Source: RTT News 2010-09-21T02:16:28Z)

Scholastic Corporation Announces Intent to Commence Modified Dutch Auction to ...

Richard Robinson , the Company's Chairman, President and Chief Executive Officer, said, "Scholastic's strong free cash flow and balance sheet provide multiple opportunities to drive shareholder returns.   (Source: Yahoo Finance 2010-09-23T11:03:49Z)

REFOCUSING THE "DREAM"

... DREAM Act"—Development Relief and Education for Alien Minors ... If Democrats would strip the college provision, the legislation could actually win overwhelming approval. (Source: Town Hall 2010-09-23T18:41:57Z)

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