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 22, 2010, 3:39 pm

HP unveils Windows 7 "Slate 500," downplays iPad challenge

As promised in January, Hewlett-Packard has released its Windows 7 Slate computer before the end of the year. The Slate 500 is the highly anticipated slatelike computer that Steve Ballmer presented during the opening keynote at the Consumer Electronics ... (Source: Seattle Times 2010-10-22T18:29:02Z)

Europe Moves to Ease Rules on Hedge Funds

European Union finance ministers agreed Tuesday on rules to allow foreign hedge funds to do business across the 27-nation bloc — a deal that came as a relief to Britain, home of the European hedge fund industry, James Kanter reports in The New York Times ... (Source: New York Times Blogs 2010-10-20T07:04:12Z)

Dollar Rallies; G-20 in Focus

LONDON—The dollar climbed Friday as a G-20 meeting of finance ministers got under way in South Korea Friday, as traders brace for the possibility that global powers are edging towards a deal to defuse tensions over exchange rates. The euro, sterling and ... (Source: Wall Street Journal 2010-10-22T10:00:47Z)

An insider's guide to Tokyo

It makes perfect sense that Tokyo is many people's favorite overseas city. Now that Shanghai looks in parts like Beverly Hills and Delhi is lighting up with Thai restaurants, there are few cities on the planet that are less Western than Tokyo — even if ... (Source: Taipei Times 2010-10-22T16:27:20Z)

Shaw leads without Jackson

SAN DIEGO -- Los Angeles Lakers Coach Phil Jackson didn't make the trip here for the game against the Golden State Warriors on Thursday night because he has flu-like symptoms. Kobe Bryant didn't play because the Lakers wanted to rest his surgically ... (Source: Sacramento Bee 2010-10-22T07:59:06Z)

Golden State Warriors' new owners await final OK

(10-21) 16:47 PDT -- The NBA Board of Governors meetings came and went this week in New York without a vote on the Warriors' new ownership, but the group led by Joe Lacob and Peter Guber has filed its paperwork and will be approved soon, sources said. "We ... (Source: San Francisco Gate 2010-10-22T19:19:08Z)

UPDATE: G-20 Proposal On Curbing Trade Imbalances Faces Opposition

GYEONGJU, South Korea -(Dow Jones)- A proposal among the Group of 20 industrial and developing nations to target cuts in current-account imbalances, meant to avert a "currency war," is itself running into opposition from big exporting nations. The U.S. and ... (Source: Smart Money 2010-10-22T08:27:44Z)

Report: Many US states have inadequate policies to deal with growing ranks of moms behind bars

NEW YORK, N.Y. - The number of women in America's state prisons has reached a record high, yet many states have inadequate policies for dealing with the large portion of them who have children or are pregnant, according to a new 50-state survey. The report ... (Source: Brandon Sun 2010-10-21T05:29:58Z)

Oregon blind school sale done, no plans for property

SALEM, Ore. (AP) — Salem Hospital has completed its purchase of the property of the former Oregon School for the Blind but has no immediate plans for the property. The Statesman Journal reported the 8.37-acre property was sold for $6 million after the ... (Source: msnbc.com 2010-10-21T19:41:48Z)

The OAS, the European Parliament and the Sakharov Prize to Fariñas

For the third time, the world-wide renowned European Parliament has awarded its Sakharov Prize for Freedom of Thought to an important Cuban dissident, Guillermo Fariñas. This, undoubtedly, is one more message to the tyranny of the Castro brothers in the ... (Source: El Diário Las Americas 2010-10-22T18:36:11Z)

Report faults state prisons' treatment of mothers

T he number of women in America's state prisons has reached a record high, yet many states have inadequate policies for dealing with the large portion of them who have children or are pregnant, according to a new 50-state survey. The report, being ... (Source: Boston Herald 2010-10-21T09:04:42Z)

RPT-UPDATE 3-India scraps Vedanta alumina refinery expansion

NEW DELHI, Oct 21 (Reuters) - India threw out plans by London-listed miner Vedanta Resources' ( VED.L ) to expand its alumina refinery over green worries, the latest blow to the firm already facing hurdles to a planned $9.6 billion energy deal in the ... (Source: Reuters UK 2010-10-22T03:19:55Z)

Survey: State prisons treat moms poorly

The number of women in America's state prisons has reached a record high, yet many states have inadequate policies for dealing with the large portion of them who have children or are pregnant, according to a new 50-state survey. The report, being ... (Source: News-Sentinel 2010-10-21T14:05:21Z)

FCC Demands News Corp., Cablevision Show Signs Of 'Good Faith'

Pushed to some kind of brink by a week of less movement than jello, the Federal Communications Commission wants answers from News Corp ( NSDQ: NWS ). and Cablevision ( NYSE: CVC )—namely, are you now or have you ever been dealing in good faith with each ... (Source: paidContent.org 2010-10-22T21:35:08Z)

Investors may be too optimistic about possible Adobe-Microsoft deal

Investors who drove up shares of software maker Adobe Systems Inc. following reports of a meeting with Microsoft may be too optimistic about a buyout, industry analysts said Friday. The two companies are more likely to collaborate than do a deal ... (Source: Seattle Times 2010-10-08T13:37:49Z)

A-Tec, TCB, Japan Airlines, Takefuji, Karstadt: Bankruptcy

A-Tec Industries AG , the Austrian engineering company that has filed for insolvency protection, lost two-thirds of its market value in Vienna. A-Tec's stock fell 3.79 euros, or 66 percent, and traded at 1.96 euros at 9:10 a.m. in Vienna. The company's ... (Source: Bloomberg 2010-10-22T10:43:44Z)

Sale still awaits final NBA approval;WARRIORS

The NBA Board of Governors meetings came and went this week in New York without a vote on the Warriors ' new ownership, but the group led by Joe Lacob and Peter Guber has filed its paperwork and will be approved soon, sources said. "We dealt with the ... (Source: FOXSports.com 2010-10-22T13:06:54Z)

EU ministers near deal on hedge funds

EU officials say they are near an agreement on new regulations for hedge funds. Governments have been wrestling for months over a so-called European passport for the freewheeling funds, which cater to rich and institutional investors. The passport would ... (Source: AP - msnbc.com 2010-10-19T10:04:21Z)

Apple: Not preinstalling Flash on Macs ensures users have latest version

Apple has issued an official comment on the lack of preinstalled Adobe Flash on the newly released MacBook Air and all future Macs, saying the change was done to ensure that users always have the latest version of Flash by downloading directly from Adobe ... (Source: Apple Insider 2010-10-22T16:05:52Z)

Salem Hospital buys old state blind school

SALEM, Ore. (AP) -- Salem Hospital has completed its purchase of the property of the former Oregon School for the Blind but has no immediate plans for the property. The Statesman Journal reported the 8.37-acre property was sold for $6 million after the ... (Source: msnbc.com 2010-10-21T23:45:11Z)

Federal Communications Commission demands details about negotiations from Cablevision, Fox

WASHINGTON (AP) — As a fee dispute continues to keep Fox programming off Cablevision systems, federal regulators are demanding information from both companies. The blackout enters its second week Saturday if a deal isn't reached. Roughly 3 million ... (Source: Fort Lauderdale Sun-Sentinel 2010-10-22T18:36:11Z)

PRESS DIGEST - British business - Oct 22

India's environment ministry has ordered Vedanta Resources ( VED.L ), the London-listed mining company, to halt all construction work to expand its aluminium refinery in the country. British taxpayers would have to pay out billions of pounds to members of ... (Source: Reuters 2010-10-22T02:01:11Z)

Asian Investors Eye Tokyo Property Sale

Japan's once-storied real estate sector has gone from bubbly to bad, to even worse in recent years. But an upcoming commercial property sale in Tokyo, which is seen as a litmus test for the market, is drawing a new kind of investor: Asian money. Japan ... (Source: Wall Street Journal 2010-10-15T06:27:11Z)

Vols' Bruce Pearl working without deal

KNOXVILLE, Tenn. -- Tennessee coach Bruce Pearl is working without a contract while the NCAA investigates his staff's recruiting practices. Pearl's contract was terminated on Sept. 9, the day before he revealed to the public that he had provided incorrect ... (Source: ESPN.com 2010-10-22T02:29:49Z)

Ore. blind school sale done, no plans for property

Salem Hospital has completed its purchase of the property of the former Oregon School for the Blind but has no immediate plans for the property. The Statesman Journal reported the 8.37-acre property was sold for $6 million after the Legislature called for ... (Source: Corvallis Gazette-Times 2010-10-22T09:25:00Z)

Letter claims Tennessee's Bruce Pearl tried to hide NCAA violation

Knoxville, Tenn . — According to a letter from Tennessee officials notifying Bruce Pearl his contract would be terminated, the Volunteers coach told men's basketball recruits and their families that a visit to his home for a team cookout would be an NCAA ... (Source: Detroit News 2010-10-22T21:13:40Z)

FCC demands information from Cablevision, Fox

As a fee dispute continues to keep Fox programming off Cablevision systems, federal regulators are demanding information from both companies. The blackout enters its second week Saturday if a deal isn't reached. Roughly 3 million Cablevision subscribers in ... (Source: AP - msnbc.com 2010-10-22T21:13:40Z)

ONGC: Consent Needed for Cairn India Stake Sale

NEW DELHI -- Oil & Natural Gas Corp. Ltd. Thursday reiterated that U.K-based Cairn Energy PLC needs its consent to sell a controlling stake in its Indian unit to metals conglomerate Vedanta Group. In a statement to the Bombay Stock Exchange, state-run ONGC ... (Source: Wall Street Journal 2010-10-21T11:06:24Z)

Tennessee, Basketball Coach Pearl Still Working On Deal

Knoxville, TN, United States (AHN) - The Tennessee Volunteers drew closer to keeping basketball head coach Bruce Pearl in Knoxville after athletic director Mike Hamilton submitted a new proposed deal to the coach and his representatives earlier this month ... (Source: All Headline News 2010-10-22T19:47:46Z)

WORLD FOREX: Nerves Frayed As G-20 Meeting Gets Under Way

LONDON (Dow Jones)--Currency markets are in a heightened state of stress as a G-20 meeting of finance ministers gets under way in South Korea Friday, with the dollar climbing as traders brace for the possibility that global powers are edging towards a deal ... (Source: Wall Street Journal 2010-10-22T09:39:19Z)

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