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, 4:40 pm

Diplomat says quiet negotiations helped free Calif man jailed more than 2 years in Iran

LOS ANGELES - A California man who spent more than two years in an Iranian prison on allegations of passing money to a rebel group has returned to his California home. Reza Taghavi, 71, arrived at Los Angeles International Airport late Thursday where he ... (Source: Minneapolis Star Tribune 2010-10-22T09:32:09Z)

Yankees force series back to Texas

NEW YORK - The first baseman was gone for the year. The manager was getting roasted on talk radio. As a group, they looked old and tired. And the home fans that bothered to show up on time seemed to leave them for dead on the side of the Major Deegan. But ... (Source: Burlington County Times 2010-10-21T16:14:12Z)

Stocks waver after another batch of earnings

Stocks fluctuated in a tight range Friday as a recent rally built on strong earnings reports ran out of steam. Friday's moves also appear to be held in check as investors turn some attention to a meeting of finance ministers and central bank governors from ... (Source: Forbes 2010-10-22T18:14:43Z)

UK bank levy to extract $4bn a year

BRITAIN will raise 2.5 billion pounds ($4bn) a year from its largest banks under a new, annual levy. The announcement of a new bank tax came a day after Chancellor of the Exchequer George Osborne said he would extract as much tax as could be sustained from ... (Source: The Australian 2010-10-21T19:20:19Z)

Blaze Leaves Major NorCal Mall In Ruins

KSBW.com A raging fire by a suspected arsonist left a wing of a Sacramento suburb mall in a catastrophic state, with what fire officials called significant smoke and water damage. Authorities said Alexander Piggee, 23, was taken into custody in connection ... (Source: msnbc.com 2010-10-22T15:15:45Z)

Canada's Harper Says Potash Corp. 'American-Controlled' Company

Oct. 20 (Bloomberg) -- Canadian Prime Minister Stephen Harper said today BHP Billiton Ltd.'s $40 billion hostile offer for Potash Corp. of Saskatchewan Inc. is a case of an Australian company buying a U.S. company. "This is a proposal for an American ... (Source: BusinessWeek 2010-10-20T21:16:02Z)

Expert faults Israel, UN in occupied Palestinian territories

New York - Israel and the United Nations stand to be blamed for human rights conditions in Palestinian-occupied territories, a UN human rights rapporteur said Friday. Richard Falk said he was barred by Israel to visit the West Bank, East Jerusalem and Gaza ... (Source: Earthtimes 2010-10-22T15:51:33Z)

Palestinians may appeal to United Nations, others in international community for help on Israel ...

""Hanan Ashrawi, a former peace negotiator who is a part of the inner ruling circle of the Palestine Liberation Organization, which oversees the Palestinian Authority, said, "If we cannot stop the settlements through the peace process, we have to go to the ... (Source: Cleveland Plain Dealer 2010-10-21T03:35:26Z)

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)

Saskatchewan Officially Opposes BHP Bid

Saskatchewan, the province where Potash Corp. is based, on Thursday officially opposed the $39 billion takeover offer by the mining giant BHP Billiton , saying it "does not provide a "net benefit" to the people of Saskatchewan and Canada." Brad ... (Source: New York Times Blogs 2010-10-22T08:27:44Z)

LIUNA's Build Pennsylvania 2010 Expands Aggressively With Pittsburgh Area Billboards

PITTSBURGH--(BUSINESS WIRE)-- LIUNA – the Laborers' International Union of North America – announced today an aggressive expansion of its Build Pennsylvania campaign to fight for federal and state investments which would address the state's ... (Source: Yahoo Finance 2010-10-21T16:14:12Z)

G20 finance chiefs confront currency tensions

GYEONGJU, South Korea — Global finance figures get another chance this week to defuse international currency tensions as a festering dispute over exchange rates overshadows debate about reforming the world economy. Finance ministers and central-bank ... (Source: Denver Post 2010-10-22T07:01:50Z)

Calif. man home after 29 months in Iranian prison

LOS ANGELES - A California businessman who spent more than two years in an Iranian prison after being accused of passing money to a rebel group returned home Thursday. Reza Taghavi, 71, arrived at Los Angeles International Airport at about 7 p.m. with his ... (Source: Tampa Bay Online 2010-10-22T11:48:10Z)

Californian jailed in Iran for 29 months back at home

LOS ANGELES (AP) – A California man who spent more than two years in an Iranian prison on allegations of passing money to a rebel group has returned to his California home. Reza Taghavi, 71, arrived at Los Angeles International Airport late Thursday ... (Source: News-Gazette 2010-10-22T15:15:45Z)

3rd UPDATE: UK Govt Drafts GBP2.5B Bank Levy Meant To Cut Risk

LONDON (Dow Jones)--The U.K. government Thursday said it will raise GBP2.5 billion a year from its largest banks under a new, annual levy, a day after Chancellor of the Exchequer George Osborne said he will extract as much tax as can be sustained from the ... (Source: Wall Street Journal 2010-10-21T15:52:44Z)

BHP 'Not Interested' in Longer Review of Potash Bid

(Updates with closing share prices in 14th paragraph.) Oct. 22 (Bloomberg) -- BHP Billiton Ltd. isn't interested in extending a deadline on a government review of its $40 billion takeover bid of Potash Corp. for Saskatchewan Inc., said Andrew Mackenzie ... (Source: BusinessWeek 2010-10-22T20:45:02Z)

Influence Of Israel's Leftist Peace Movement Wanes

In Israel, a recent poll shows support for traditional left-of-center parties is slipping dramatically. Analysts say it's an indication of the waning power of the peace movement in Israel. The mostly right-wing government of Israeli Prime Minister Benjamin ... (Source: NPR News 2010-10-22T18:21:52Z)

Laborers endorse Bonta

More info on LiUNA (Laborers International Union of North America) can be found on their website , a brief description from there: LIUNA-the Laborers’ International Union of North America-is the most progressive, aggressive and fastest ... (Source: San Francisco Gate 2010-10-21T18:08:44Z)

Major Northern Calif. mall burns after standoff

ROSEVILLE, Calif. -- Part of a high-end regional mall that is one of the main retail centers in a broad swath of Northern California was destroyed Thursday after police say a man barricaded himself inside and started a fire. Police said the man holed up in ... (Source: Forbes 2010-10-22T13:42:42Z)

UK: Consumer Credit And Insolvency – A Fairer Deal

Consumer Minister, Edward Davey, and Financial Secretary to the Treasury, Mark Hoban, have today launched a joint call for evidence into how people can get a fairer financial deal as part of the Government's review into consumer credit and personal ... (Source: eGov Monitor 2010-10-18T06:16:28Z)

AIG Raises $17.8 Billion in AIA Hong Kong Initial Public Offer

Oct. 22 (Bloomberg) -- American International Group Inc. raised about HK$138.3 billion ($17.8 billion) selling shares in its main Asian unit, AIA Group Ltd., according to a statement, making it the largest initial public offering in Hong Kong. AIG sold 7 ... (Source: BusinessWeek 2010-10-22T03:41:24Z)

Fire that destroys part of Calif. mall deals economic blow ahead of holiday shopping season

ROSEVILLE, Calif. (AP) — A fire that erupted during a police standoff at a suburban Sacramento mall did more than destroy part of a regional shopping hub. It also provided an economic setback to a region of Northern California struggling to emerge from ... (Source: Chicago Tribune 2010-10-22T09:25:00Z)

AIA Prices IPO, May Top $20 Billion

HONG KONG–American International Group Inc. priced the initial public offering of its pan-Asian life-insurance business AIA Group Ltd. at 19.68 Hong Kong dollars ($2.53) a share and boosted the deal size by 20%, keeping AIG on track to raise as much as $ ... (Source: Wall Street Journal 2010-10-22T16:20:11Z)

Regular-season games offer no postseason clues

NEW YORK: When the New York Yankees swept a three-game series from Texas in mid-April, the Rangers started two pitchers, Scott Feldman and Rich Harden, who are not on their playoff roster, and another, C.J. Wilson, who lost when his defense collapsed ... (Source: Akron Beacon Journal 2010-10-15T06:34:20Z)

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)

G20 finance chiefs face tough task on currencies

Global finance mandarins get another chance this week to defuse international currency tensions as a festering dispute over exchange rates overshadows debate about reforming the world economy. Finance ministers and central bank governors from the Group of ... (Source: AP - msnbc.com 2010-10-21T10:16:17Z)

AIG raises $17.8B from Asian unit's IPO

American International Group raised $17.8 billion by selling shares in its Asian life insurance unit — widely considered one of AIG's crown jewels — making another substantial contribution to AIG's efforts to pay down the huge bailout it received ... (Source: Salt Lake Tribune 2010-10-22T22:25:15Z)

LiUNA! Demands that Tom Corbett Return Contributions from Law Firm that Teaches ...

RESTON, Va.--(BUSINESS WIRE)-- The Laborers' International Union of North America (LiUNA!) Mid-Atlantic Region has released a YouTube video demanding that Pennsylvania Republican gubernatorial candidate Tom Corbett explain why he accepted money from a ... (Source: Yahoo Finance 2010-10-21T15:16:56Z)

Yankees beat Texas to stay alive in AL

The New York Yankees stayed alive in the American League Championship Series by beating the Texas Rangers 7-2 on Wednesday to move within 3-2 in the best-of-seven showdown. The Yankees, outscored 25-5 in the previous three games by the underdog Rangers and ... (Source: Taipei Times 2010-10-22T02:44:08Z)

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)

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