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 / October 1, 2010, 1:41 am

Dollar Thrifty shareholders reject Hertz deal, means Avis offer still a possibility

CHICAGO (AP) — Dollar Thrifty Automotive Group shareholders have rejected a buyout offer from Hertz, giving an opening for rival bidder Avis Budget Group's offer for the car rental company. Hertz Global Holdings Inc. shares fell $1.12, or 9.7 percent, to ... (Source: Los Angeles Times 2010-09-30T19:38:04Z)

CCAGW PAC Endorses Rep. Pitts, Former Rep. Toomey and House Challenger Dee Adcock ...

The Council for Citizens Against Government Waste Political Action Committee (CCAGW PAC) today announced its endorsement of 16 th Congressional District Rep. Joe Pitts, 13 th Congressional District challenger Dee Adcock, and candidate for Senate former Rep ... (Source: PR Inside 2010-09-30T19:45:13Z)

PSC Gives Conditional Approval To LG&E Sale

WLKY.com The Kentucky Public Service Commission has conditionally approved a deal to sell LG&E and Kentucky Utilities. Pennsylvania-based PPL is buying E-on U.S. as well as the two local utilities for $7.6 billion. The headquarters for LG&E and KU will ... (Source: msnbc.com 2010-09-30T19:45:13Z)

SC budget board OKs 50 acre Port Royal land sale

COLUMBIA — The South Carolina Budget and Control Board has given the OK to the State Ports Authority to sell 50 acres it owns in Beaufort County. The Charleston Post and Courier reports Thursday the panel approved the sale of land in Port Royal to ... (Source: Spartanburg Herald-Journal 2010-09-30T21:11:07Z)

India less tense after court verdict on holy site

Schools, shops and businesses reopened Friday as fears of violence ebbed in northern India following a court order to divide a disputed holy site between the Hindu and Muslim communities. Thousands of government forces remained in the streets and on high ... (Source: AP - msnbc.com 2010-10-01T08:24:00Z)

U.S. Economy: Business Activity Picks Up, Claims Fall

(Updates with closing market prices in fifth paragraph.) Sept. 30 (Bloomberg) -- Business activity in the U.S. unexpectedly accelerated and fewer workers filed claims for jobless benefits, easing concern the world's largest economy is retrenching further ... (Source: BusinessWeek 2010-09-30T20:21:01Z)

Jobless rates fall in majority of cities

WASHINGTON - Unemployment fell in nearly two-thirds of the nation's 372 largest metro areas last month, the broadest improvement since May. The jobless rate dropped in 230 cities in August, the Labor Department said Wednesday. It rose in 95 cities and was ... (Source: Observer-Reporter 2010-10-01T07:48:13Z)

Port Royal deal advances

Five years on the market and one previously failed sale later, the State Ports Authority on Wednesday received the authorization it needed to unload 50 acres it owns in Port Royal. The state Budget and Control Board approved the land sale to Charleston ... (Source: The Post and Courier 2010-09-30T04:07:29Z)

India's Ayodhya Dispute Heads to Top Court After Divide Order

Oct. 1 (Bloomberg) -- India's highest court will hear rival claims by Hindus and Muslims to a holy site that triggered deadly riots in 1992, after a lower court ordered it be split between the two groups. The Sunni Waqf Board, representing Muslims, said ... (Source: BusinessWeek 2010-10-01T00:17:14Z)

Report: Comic-Con to stay in San Diego for at least 5 more years, lured by tradition, discount rates

SAN DIEGO — San Diego will be inundated by comic book collectors, celebrities and superheros every summer for at least five more years, following Comic-Con International's decision to stay where the event started 30 years ago despite competition from ... (Source: Washington Examiner 2010-10-01T06:15:09Z)

Report: Comic-Con will stay in the city where it started, San Diego, until 2015

SAN DIEGO — San Diego will be inundated by comic book collectors, celebrities and superheros every summer for at least five more years, following Comic-Con International's decision to stay. City officials and the company that puts on the annual comics ... (Source: San Francisco Examiner 2010-10-01T06:22:19Z)

Japan PM warns on China as 3 freed Japanese return

Japan's prime minister has raised concerns about China's widening maritime activity across Asia, including waters near disputed islands where a ship collision ignited a bitter diplomatic feud. Prime Minister Naoto Kan's comments came in a major policy ... (Source: AP - msnbc.com 2010-10-01T06:08:00Z)

Charleston developer gets OK to buy former port

The state Budget and Control Board today approved the sale of the State Ports Authority's Port Royal property to Charleston developer Ben Gramling for $16.75 million. The Beaufort County deal passed in a 3-to-2 vote after considerable discussion. Gramling ... (Source: The Post and Courier 2010-09-29T23:56:57Z)

Japan PM concerned over China's maritime expansion

Japan's prime minister urged China to act as a "responsible" member of the international community Friday and raised concern over its expanding maritime activity in Asia, including in disputed waters where a ship collision ignited a bitter diplomatic feud ... (Source: AP - msnbc.com 2010-10-01T08:16:51Z)

Japan PM concerned over China's widening maritime activity as 3 Japanese freed return

TOKYO - Japan's prime minister expressed concern Friday over China's strengthening military power and expanding maritime activity in Asia, including waters near disputed islands where a ship collision ignited a bitter diplomatic feud. Prime Minister Naoto ... (Source: Minneapolis Star Tribune 2010-10-01T08:24:00Z)

Dollar Thrifty shareholders reject Hertz deal

Dollar Thrifty Automotive Group Inc. shareholders rejected a buyout offer from Hertz on Thursday against the recommendation of the company's board. The rejection likely takes Hertz out of the bidding for the car-rental chain and offers an opening for rival ... (Source: AP - msnbc.com 2010-09-30T22:01:14Z)

Tony Curtis was an actor of unexpected range

Tony Curtis, Bronx hoodlum, Hollywood pretty boy and actor of unexpected range in Sweet Smell of Success (1957), The Defiant Ones (1958), and Some Like It Hot (1959), died of cardiac arrest Wednesday at his home in Henderson, Nev. He was 85. Genetically ... (Source: Philadelphia Daily News 2010-10-01T06:58:06Z)

AIG, U.S. Agree on an Exit Deal; Making It Work Will Be Tougher

The U.S. government will sell off its stake in American International Group Inc., under a plan that could end the controversial bailout sooner than many thought but that remains fraught with risk. Analysts cautioned that executing the plan, which will ... (Source: Wall Street Journal 2010-10-01T02:26:05Z)

Dollar Thrifty shareholders reject Hertz deal; Avis offer could still be in play

THE VOTE: Dollar Thrifty shareholders rejected a buyout offer from Hertz, with 11.8 million votes for the deal and 13.8 million against. THE OFFERS: Hertz was offering $43.60 in cash and 0.6366 shares of common stock of Hertz, for each share of Dollar ... (Source: Los Angeles Times 2010-09-30T20:42:29Z)

Last laugh for humble-born Tony Curtis

"Yondah lies the castle of my faddah," is the probably apocryphal line cited to ridicule the young, impossibly handsome Tony Curtis, who died Wednesday at the age of 85. Whether or not he said it, Curtis - born Bernard Schwartz in the Bronx in 1925 ... (Source: Boston Herald 2010-10-01T07:48:13Z)

AIG, U.S. reach deal on bailout payback

American International Group Inc. said it has reached agreement in principle with U.S. government officials to repay about $100 billion in taxpayer money it still owes, a process that could end one of the largest and most controversial bailouts of the ... (Source: Los Angeles Times 2010-10-01T01:07:21Z)

India Court Divides Ayodhya Land Among Hindu Groups, Muslims, Lawyers Say

An Indian court today ordered that land disputed by Muslims and Hindus in the northern town of Ayodhya should be split between the faiths, lawyers representing two Hindu groups said. Judges at the Allahabad High Court were ruling on ownership of a site ... (Source: Bloomberg 2010-09-30T11:59:56Z)

Resilient actor Tony Curtis dies at 85

From dressing in drag to posing nude for his 80th birthday, Tony Curtis truly was a defiant one. He overcame early typecasting as a lightweight pretty boy to become a serious actor in such films as "Sweet Smell of Success," "Spartacus" and "The Defiant ... (Source: AZCentral.com 2010-10-01T06:50:57Z)

AIG hails deal to repay billions it got in bailout

AIG, which became a lightning rod for criticism over government bailouts, said it has reached a deal to repay billions of dollars it received during the credit crisis. The plan announced Thursday could return a profit to taxpayers who footed the bill for ... (Source: St. Louis Post-Dispatch 2010-10-01T04:56:25Z)

CCAGW PAC Endorses Former Rep. Nathan Deal for Governor of Georgia

BusinessWire - The Council for Citizens Against Government Waste Political Action Committee (CCAGW PAC) today announced its endorsement of former Rep. Nathan Deal, who is seeking election to the office of governor in Georgia. "In this time of massive new ... (Source: Forbes 2010-09-24T19:09:23Z)

Public Service Commission approves sale of E.ON US

The Kentucky Public Service Commission has given the green light for PPL Corp. to buy E.ON US, which includes Kentucky Utilities and Louisville Gas & Electric. PSC officials say they accepted a settlement that was reached by all parties in this case. The ... (Source: WKYT 27 2010-09-30T20:28:10Z)

Comic-Con to stay in San Diego for 5 more years

SAN DIEGO—San Diego will be inundated by comic book collectors, celebrities and superheros every summer for at least five more years, following Comic-Con International's decision to stay where the event started 30 years ago despite competition from other ... (Source: Denver Post 2010-10-01T05:46:31Z)

Unemployment rate falls for largest metro areas

WASHINGTON (AP) — Unemployment fell in nearly two-thirds of the nation's 372 largest metro areas last month, the broadest improvement since May. The jobless rate dropped in 230 cities in August, the Labor Department said Wednesday. It rose in 95 cities ... (Source: The Herald 2010-09-30T12:57:12Z)

Kentucky Public Service Commission approves sale of E.ON U.S.

(WHAS11) – E.ON U.S., the parent company of LG&E, will have a new owner. The Kentucky Public Service Commission approved the sale to Pennsylvania Power and Light also known as PPL Thursday. The sale is valued at about $7.6 billion. As part of the deal ... (Source: WHAS 11 2010-09-30T21:32:36Z)

CCAGW PAC Endorses Reps. Petri, Ryan, and Sensenbrenner for Congress

The Council for Citizens Against Government Waste Political Action Committee (CCAGW PAC) today announced its endorsement of Reps. Thomas Petri, Paul Ryan, and F. James Sensenbrenner, who are seeking re-election to Congress in Wisconsin. "In this time of ... (Source: PR Inside 2010-09-30T19:30:54Z)

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