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 5, 2010, 7:42 am

Race officials delay US gas balloon race

ALBUQUERQUE, N.M.—Organizers of the annual America's Challenge gas balloon race have delayed the start by at least one day because of concerns about weather for the launch and the early stages of the flight. The race was initially scheduled to start ... (Source: Denver Post 2010-10-04T23:36:42Z)

Israel upholds order to deport Nobel laureate

JERUSALEM — Israel's Supreme Court on Monday upheld a deportation order against an Irish Nobel peace laureate who has taken up the Palestinian cause, clearing the way for her expulsion, a court official said. Israel banned Mairead Corrigan Maguire, 66 ... (Source: Denver Post 2010-10-05T07:00:31Z)

Balloonists feared dead in Adriatic

ROME The Italian coast guard said Monday that it had called off the search for a pair of American balloonists who went missing last week in the Adriatic Sea. The search was called off at 3:30 p.m. after a final attempt to locate Richard Abruzzo and Carol ... (Source: CharlotteObserver.com 2010-10-05T04:44:31Z)

Dirt flies further along campaign homestretch

Washington — Leaked audio in Nevada reveals a Republican Senate candidate trashing her party. Video of a Democratic Senate hopeful wrongly claiming he served in Vietnam becomes a TV ad in Connecticut. A housekeeper steps forward to say her employer ... (Source: Detroit News 2010-10-05T04:58:50Z)

Statoil, Morgan Stanley Reach Oil Supply, Output Deal With PBF

Statoil ASA has agreed to supply PBF Holding Co .'s two refineries in New Jersey and Delaware with crude oil and Morgan Stanley will buy the fuel produced by the plants, PBF said in a statement. PBF agreed to purchase Valero Energy Corp.'s 185,000 ... (Source: Bloomberg 2010-10-04T19:04:41Z)

IOC president to discuss travel restrictions of Palestinian athletes with Israeli officials

RAMALLAH, West Bank (AP) — International Olympic Committee President Jacques Rogge has expressed concern over travel obstacles facing Palestinian athletes. Rogge said during a visit to the West Bank on Tuesday that athletes should be granted free ... (Source: Chicago Tribune 2010-10-05T13:48:32Z)

Israel deports pro-Palestinian Nobel laureate who tried to break Gaza blockade

JERUSALEM - Israel on Tuesday expelled an Irish Nobel peace laureate and pro-Palestinian activist who was barred from the country for trying to bust the naval blockade of Gaza. Mairead Corrigan Maguire was placed on an early morning flight to Britain, the ... (Source: Minneapolis Star Tribune 2010-10-05T11:25:22Z)

Statoil to hire 'dozens' of workers

Statoil ASA, Norway's biggest oil and gas producer, plans to hire "dozens" of workers, including traders, as it expands its U.S. trading operations after agreeing to supply two East Coast refineries with oil. "We will grow as part of this and other growth ... (Source: Stamford Advocate 2010-10-05T01:02:36Z)

Sanofi-Aventis in $18.5 billion hostile takeover offer for Genzyme

France's Sanofi-Aventis on Monday launched an $18.5 billion hostile takeover offer for Genzyme Corp., stepping up its effort to capture the U.S. biotech company's promising drugs for high cholesterol and lucrative treatments for rare genetic disorders. At ... (Source: New York Daily News 2010-10-05T11:18:13Z)

Here comes the sun: White House to go solar

Solar power is coming to President Barack Obama's house. The most famous residence in America, which has already boosted its green credentials by planting a garden, plans to install solar panels atop the White House's living quarters. The solar panels are ... (Source: AP - msnbc.com 2010-10-05T14:17:10Z)

Mexico's Televisa Shares Sharply Higher On Univision Deal

MEXICO CITY (Dow Jones)--Shares of Mexican media conglomerate Grupo Televisa (TV, TLEVISA.MX) opened sharply higher Tuesday after the company unveiled plans to take a stake in U.S. Spanish-language broadcaster Univision Communications Inc. (UVN), while ... (Source: Wall Street Journal 2010-10-05T14:02:51Z)

Justice Department sues Visa, Mastercard

The U.S Attorney General is accusing them of holding consumers hostage. That is why the Justice Department sued Visa, Mastercard and American Express. It says the companies are eliminating competition by not allowing merchants to offer discounts on other ... (Source: msnbc.com 2010-10-05T02:14:11Z)

Grupo Televisa to invest $1.2B in Univision

Mexico's Grupo Televisa SAB said Tuesday it will invest $1.2 billion in New York-based Univision Communications in exchange for a minority stake, expanding cooperation between the Spanish-language media heavyweights. The deal brings an end to long-standing ... (Source: AP - msnbc.com 2010-10-05T14:10:01Z)

Why all the White House drilling?

WASHINGTON -- Forget about the midterm elections and speculation about West Wing personnel shake-ups. The big question being asked around the White House is, what's that noisy construction really all about? The drilling, clanging and banging are tearing up ... (Source: St. Louis Post-Dispatch 2010-10-05T04:23:02Z)

Univision deal subject to debt restructure-Televisa

MEXICO CITY Oct 5 (Reuters) - Mexico's leading broadcaster Televisa ( TV.N ) said on Tuesday that its investment in Univision is subject to its U.S. partner restructuring at least $3.25 billion in debt. "The condition that we established is that (Univision ... (Source: Reuters 2010-10-05T14:10:01Z)

Russian scientists win Nobel physics prize for ultrathin carbon discovery

STOCKHOLM — Two Russian-born scientists shared the Nobel Prize in physics on Tuesday for "groundbreaking experiments" with the thinnest, strongest material known to mankind — a carbon vital for the creation of faster computers and transparent touch ... (Source: USA Today 2010-10-05T14:17:10Z)

U.S. sues American Express, reaches proposed deal with Visa, Mastercard

WASHINGTON -- The Justice Department on Monday sued the three largest U.S. credit card companies for anticompetitive practices and reached a proposed settlement with two of them, MasterCard and Visa. "We want to put more money in consumers' pockets, and by ... (Source: San Jose Mercury News 2010-10-04T18:43:13Z)

Nevada GOP Senate nominee trashes party on tape

In a secretly taped recording, Republican Senate candidate Sharron Angle badmouths the GOP establishment and wheedles a minor-party candidate to support her campaign, offering help opening doors in Washington if she's elected. The roughly made recording ... (Source: AP - msnbc.com 2010-10-05T03:25:46Z)

CAPITAL CULTURE: Why all the White House drilling?

Forget about the midterm elections and speculation about West Wing personnel shake-ups. The big question being asked around the White House is, what's that noisy construction really all about? The drilling, clanging and banging are tearing up parts of the ... (Source: AP - msnbc.com 2010-10-05T12:58:26Z)

Analyst lowers price target on American Express

An FBR Capital analyst on Tuesday lowered his price target for American Express Co. in light of a federal lawsuit alleging the card company uses anticompetitive practices. Analyst Scott Valentin maintained the company's stock rating at "Market Perform ... (Source: AP - msnbc.com 2010-10-05T13:27:04Z)

Clip shows soldier dancing around blindfolded prisoner in Israel

Jerusalem (CNN) -- The Israeli military said Tuesday it is launching an investigation into a video that surfaced on YouTube that showed what appeared to be an Israeli soldier dancing around a blindfolded and bound Palestinian prisoner. The video is the ... (Source: CNN 2010-10-05T13:55:42Z)

Sharron Angle's 'desperate' backroom deal

In a bombshell that is shaking up Nevada's closely watched Senate race, the Las Vegas Sun has released an audio recording of GOP nominee Sharron Angle trying to persuade a third-party candidate — Tea Party of Nevada's Scott Ashjian — to drop out of the ... (Source: The Week Magazine 2010-10-05T14:17:10Z)

West Bank mosque set on fire in attack

BEIT FAJAR, WEST BANK - Arsonists set fire to a mosque in this Palestinian town early Monday, charring Korans, burning holes into the carpet and scrawling "revenge" in Hebrew near the doorway. The attack, which residents blamed on Jewish settlers ... (Source: Washington Post 2010-10-05T11:39:41Z)

Israel deports pro-Palestinian Nobel laureate

Israel has expelled an Irish Nobel peace laureate who was barred from the country for trying to bust the naval blockade of Gaza. The Interior Ministry says Mairead Corrigan Maguire boarded an early Tuesday morning flight to Britain. She was banned from ... (Source: AP - msnbc.com 2010-10-05T09:52:19Z)

Nobel physics prize for ultrathin carbon discovery

Two Russian-born scientists shared the Nobel Prize in physics on Tuesday for groundbreaking experiments with the strongest and thinnest material known to mankind — a potential building block for faster computers and lighter airplanes and satellites ... (Source: AP - msnbc.com 2010-10-05T14:24:20Z)

Sanofi Takeover Offer for Genzyme: The Pressure Is On

With Genzyme ( GENZ ) digging its heels in and Sanofi-Aventis ( SNY ) refusing to raise its bid, taking the $69 a share offer straight to the US biotech's shareholders was the logical next step for the French predator. Considering Genzyme 's stock has ... (Source: Seekingalpha.com 2010-10-05T08:47:53Z)

Sanofi's Hostile Bid: Despite Problems, Genzyme Has Value

Sanofi-Aventis (NYSE: SNY ) said Monday that it has launched an $18.5 billion hostile offer for biotech company Genzyme (Nasdaq: GENZ ), after it became fed-up with the Genzyme board's "unwillingness to engage" in discussions. The $69 per share offer is ... (Source: Seekingalpha.com 2010-10-05T09:59:28Z)

Adriatic search for missing balloonists to end

ROME (AP) -- The Italian coast guard said Monday that it had called off the search for a pair of American balloonists who went missing last week in the Adriatic Sea. The search was called off at 3:30 p.m. (1330 GMT) after a final attempt to locate Richard ... (Source: Associated Press 2010-10-04T15:29:56Z)

2010 Nobel Prize in Physics Winners Announced

In a festivity held on October 5 at the Royal Swedish Academy of Sciences, in Stockholm, the recipients of the 2010 Nobel Prize in Physics were announced. Expert physicists Andre Geim and Konstantin Novoselov, both from the University of Manchester, in ... (Source: Softpedia 2010-10-05T14:02:51Z)

Statoil to Hire 'Dozens' of Traders as Part of Growth

(Adds number of employees in Connecticut office in third paragraph.) Oct. 4 (Bloomberg) -- Statoil ASA, Norway's biggest oil and gas producer, plans to hire "dozens" of traders as it expands its U.S. trading operations after agreeing to supply two ... (Source: BusinessWeek 2010-10-04T17:31:38Z)

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