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, 4:46 pm

Lawyer: Visteon to exit bankruptcy Friday

Wilmington, Del. -- A federal bankruptcy judge today approved a deal between Ford Motor Co. and Visteon Corp. to allow the Van Buren Township-based auto supplier to exit bankruptcy Friday. U.S. Bankruptcy Judge Christopher Sontchi approved the deal that ... (Source: Detroit News 2010-09-29T15:57:21Z)

Meg Whitman Gets Lie-Detector Offer From Journalist

In one of the highlights of California Republican gubernatorial nominee Meg Whitman's Thursday news conference, she said she'd consent to a lie detector test to show she's telling the truth when she says she didn't know before June 2009 that her ex ... (Source: NPR News 2010-10-01T22:00:03Z)

WHOOPI GOLDBERG STILL GRIEVING FOR MOM

The Hollywood star - whose mother Emma Johnson died on August 29 from complications following a stroke - admits she is still devastated at her loss and is trying to keep busy to deal with her grief. When asked how she is handling her mother's death, Whoopi ... (Source: CelebrityWonder 2010-09-30T15:13:13Z)

AIG reaches deal to repay billions to taxpayers

NEW YORK — AIG, which became a lightning rod for criticism over government bailouts, said it reached a deal to repay billions of dollars it received during the credit crisis. The plan announced today could return a profit to taxpayers who footed the bill ... (Source: Oregonian 2010-09-30T15:41:51Z)

Medical tourism: Deal-seekers flock to Mexico for health care

What did you bring back from your last trip to Mexico? A blanket from Oaxaca? Criollo chocolate from Chiapas? Leather boots from Valladolid? A growing number of U.S. visitors are coming home with a new hip, a repaired hernia, capped teeth, a lap band or a ... (Source: Seattle Post Intelligencer 2010-10-01T09:14:07Z)

Visteon exits bankruptcy Friday

Wilmington, Del. -- Visteon Corp. on Wednesday cleared its final hurdle to emerge from bankruptcy Friday, after a judge approved a deal with former parent Ford Motor Co. U.S. Bankruptcy Judge Christopher Sontchi approved a deal that guarantees the Van ... (Source: Detroit News 2010-09-30T14:01:38Z)

The Dish: Fallon, Timberlake go viral in hip-hop clip

Jimmy Fallon and Justin Timberlake are the hottest duo in hip-hop -- for the moment. They performed a medley of rap hits on "Late Night With Jimmy Fallon" Wednesday night and the clip is becoming a viral hit. Fallon and Timberlake started off with ... (Source: Kankakee Daily Journal 2010-10-01T15:26:20Z)

Manufacturing activity rises for 14th straight month

NEW YORK — Manufacturing activity expanded in September for the 14th straight month, but at a slower rate than in the previous month, according to an industry trade group. The Institute for Supply Management said today that its manufacturing index read ... (Source: Oregonian 2010-10-01T15:33:30Z)

ASU Football Fans Encouraged to be Aware of Homecoming Events, Parking Procedures at ...

Saturday's Arkansas State football game against Louisville marks the University's Homecoming, and Red Wolves football fans are encouraged to be aware of special activities, parking procedures and changes in effect for the game. An Arkansas State University ... (Source: Today's THV 2010-10-01T03:51:59Z)

Meg Whitman faces uproar over illegal immigrant maid in bid for California governor

SANTA MONICA, Calif. - Meg Whitman's campaign for governor was thrown into turmoil Thursday as the Republican sought to fend off new evidence that she knowingly had an illegal immigrant housekeeper on her payroll for nearly a decade. Whitman denounced the ... (Source: Minneapolis Star Tribune 2010-10-01T05:32:12Z)

Power-One and Intersil Announce License Agreement

CAMARILLO, Calif. and MILPITAS, Calif., Sept. 30, 2010 (GLOBE NEWSWIRE) -- Power-One, Inc. (Nasdaq:PWER) and Intersil Corporation (Nasdaq:ISIL) today announced an agreement under which Intersil has licensed Power-One's Digital Power Technologies (DPT). The ... (Source: msnbc.com 2010-10-01T13:17:29Z)

BHP says close to lodging Potash legal challenge

SYDNEY (Reuters) - BHP Billiton <BHP.AX> said on Friday it expected to lodge a motion within the next few days to challenge a lawsuit filed by Potash Corp <POT.TO> to fend off the miner's $39 billion hostile takeover bid. BHP said its lawyers were ... (Source: msnbc.com 2010-10-01T10:47:10Z)

'View' host Whoopi Goldberg stays busy to deal with grief after her mother's death last month

John Carucci, The Associated Press NEW YORK, N.Y. - Whoopi Goldberg says she channels her grief from her mother's death last month by staying busy. The co-host of "The View" attended the New York launch party Wednesday for purewow.com, a website with daily ... (Source: Big Hollywood 2010-09-30T06:52:08Z)

Stocks edge higher to open quarter as manufacturing activity rises as slower pace in September

NEW YORK — Stocks are pulling back from their morning highs after a key reading on manufacturing showed the pace of expansion in the sector slowed last month. The Institute for Supply Management said its manufacturing index fell to 54.4 last month from ... (Source: Republic 2010-10-01T14:21:55Z)

Survey shows manufacturing activity grew in Sept. for 14th straight month, but at slower pace

NEW YORK (AP) — Manufacturing activity expanded in September for the 14th straight month, although at the slowest pace since November. The Institute for Supply Management said Friday that its manufacturing index read 54.4 in September, down from 56.3 in ... (Source: Los Angeles Times 2010-10-01T16:37:55Z)

AIG reaches deal to repay government

New York -- AIG said today it reached a deal to repay the government billions of dollars in assistance it received during the credit crisis. The U.S. Treasury Department will swap debt it currently holds in AIG for common stock and then sell those shares ... (Source: Detroit News 2010-10-01T11:22:58Z)

Sinochem Taps Banks to Advise on a Potash Deal

Sinochem , the state-run parent of China's largest fertilizer distributor, has hired Deutsche Bank and Citigroup to advise it on an acquisition of a stake in Potash Corp. of Saskatchewan , two people with direct knowledge of the matter told DealBook on ... (Source: New York Times Blogs 2010-09-22T10:14:53Z)

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)

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)

Immigrant is mystery figure in Cal governor's race

She is the mystery in the middle of the California governor's race. Three days after Republican Meg Whitman's former maid accused her of knowing for years she was an illegal immigrant from Mexico, almost nothing is known about her. Nicky Diaz Santillan ... (Source: San Francisco Gate 2010-10-01T23:11:38Z)

Seventh Annual A-State Open set to kick off homecoming festivities

JONESBORO – An Arkansas State University Homecoming tradition continues with the seventh annual A-State Open on Friday at Sage Meadows Golf Course in Jonesboro. The four-person golf scramble will start at 10 a.m., one day before the Red Wolves football ... (Source: Paragould Daily Press 2010-09-29T17:16:05Z)

Licensing Power-One's Digital Power Technologies Expands the Market for Intersil's Zilker Labs ...

Intersil Corporation (http://www.intersil.com/) (NASDAQ: ISIL) and Power-One, Inc. (NASDAQ: PWER) today announced an agreement under which Intersil has licensed Power-One's Digital Power Technologies (DPT). The license expands the market for Intersil's ... (Source: Product Design & Development 2010-09-30T22:22:42Z)

Aumentan a 23 los muertos por aludes en sur de México

Un nuevo cerro se deslavó el jueves en el estado sureño de Oaxaca y sepultó a un matrimonio, con lo cual la cifra de fallecidos por una serie de deslaves en el sureste de México se incrementó a por lo menos 23, mientras seguía la búsqueda de por lo ... (Source: Houston Chronicle 2010-09-30T20:06:42Z)

Another landslide hits southern Mexico; 16 killed

A fresh landslide in rain-weary southern Mexico killed 16 people on Wednesday in the largely indigenous and rural state of Chiapas, and the death toll from an earlier landslide in Oaxaca state rose to six, reported the state news agency Notimex (link in ... (Source: Los Angeles Times 2010-09-30T23:48:36Z)

Homecoming Events, Parking Procedures for Saturday Homecoming at ASU

Saturday's Arkansas State football game against Louisville marks the university's Homecoming, and Red Wolves football fans are encouraged to be aware of special activities, parking procedures and changes in effect for the game. An Arkansas State ... (Source: ArkansasMatters 2010-09-30T20:35:20Z)

BHP Says Any Potash Bid Must Offer Shareholder Value

TORONTO (Reuters) - BHP Billiton would rather drop its efforts to buy Potash Corp than raise its $39 billion offer to a level that exceeds good value for BHP shareholders, its chief executive said on Tuesday. That said, CEO Marius Kloppers insisted he was ... (Source: ABC News 2010-09-22T03:26:52Z)

Auto supplier Visteon emerges from bankruptcy

After more than a year in bankruptcy court, auto supplier Visteon Corp. emerged from Chapter 11 protection on Friday with $2.1 billion less debt on its balance sheet. Visteon, which makes automotive interior products, filed for bankruptcy protection in May ... (Source: AP - msnbc.com 2010-10-01T22:28:41Z)

Intersil And Power-One Sign License Deal - Quick Facts

(RTTNews) - Intersil Corp. (ISIL: News ) said on Thursday that it has ented into an agreement with Power-One, Inc. (PWER: News ), under which Intersil has licensed Power-One's Digital Power Technologies. The license expands the market for Intersil's ... (Source: RTT News 2010-09-30T21:18:17Z)

Avis Shakes Up Hertz-Dollar Thrifty Deal

Not taking "non-negotiable and final" for an answer, Avis strikes back in rental car bidding war. The offer comes a few weeks after Dollar Thrifty and Hertz announced they had agreed on a deal worth $1.4 billion, or $50 per share, at the time was believed ... (Source: Forbes 2010-09-23T14:45:43Z)

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