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 / November 15, 2010, 7:42 pm

Returning Congress faces tax cuts, budget

WASHINGTON: Congress returns this week to a place filled with political intrigue and an unfinished agenda. The Democratic-controlled House of Representatives will convene for a lame-duck session with plans to consider almost every vital national issue: Tax ... (Source: Akron Beacon Journal 2010-11-15T07:23:29Z)

Newsweek, Daily Beast Join With Tina Brown At Helm

The Daily Beast online news site says it has reached a deal to merge with Newsweek magazine. In a posting on its website Thursday, The Daily Beast's editor-in-chief Tina Brown says the two outlets will partner to create The Newsweek Daily Beast Company ... (Source: NPR News 2010-11-12T16:02:26Z)

UConn stays atop women's poll for 45th straight week; showdown with No. 2 Baylor on Tuesday

Connecticut extended its unprecedented run atop the women's basketball poll to a 45th straight week. To keep that streak going another week, the Huskies will have to overcome a big test when Brittney Griner and No. 2 Baylor come to Hartford on Tuesday ... (Source: Republic 2010-11-15T19:19:18Z)

Dealer offers free AK-47 for truck buyers

A Florida car dealership trying to drum up business is offering an unusual perk for potential used-truck buyers: A free AK-47 assault rifle. General sales manager Nick Ginetta says that since the promotion was announced on Veterans Day, business has more ... (Source: AP - msnbc.com 2010-11-15T21:21:00Z)

Jurors in Elizabeth Smart kidnap trial see video of defendant saying God delivered her to him

SALT LAKE CITY - The man charged in the 2002 abduction of Elizabeth Smart told investigators that heaven was his home and God had delivered him a young girl to become as his wife, according to recordings of a police interview after his arrest. Brian David ... (Source: Minneapolis Star Tribune 2010-11-15T23:29:51Z)

Dem: I'll challenge Pelosi for top leadership slot

Rep. Heath Shuler (D-N.C.) said he would challenge House Speaker Nancy Pelosi (D-Calif.) for the top minority leadership position if Pelosi does not step aside by Wednesday. Shuler acknowledged that he does not have the votes to win the minority leader ... (Source: Washington Post 2010-11-14T18:16:04Z)

Cox: Vanguard deal maintains DMC's community ties

Michigan Attorney General Mike Cox gave for-profit Vanguard Health Systems Inc. conditional approval Saturday to buy the nonprofit Detroit Medical Center. The attorney general's office released an 85-page report, in which Cox approved the $1.5 billion deal ... (Source: Detroit News 2010-11-15T06:04:44Z)

Truck Dealer Offering Free AK-47 With Every Purchase

Sanford, FL, United States (AHN) - Nations Trucks, a central Florida dealership is offering consumers unique promotion. With every purchase of a truck the buyer gets a free AK-47. The promotion began on Veterans Day runs through the end of the month ... (Source: All Headline News 2010-11-15T20:59:31Z)

No. 2 Baylor ready to challenge No.1 UConn

STORRS, Conn. (AP)—Both Connecticut coach Geno Auriemma and Baylor's Kim Mulkey head into Tuesday's showdown between the nation's top two women's teams insisting that a loss would not be that big of a deal. No. 2 Baylor has a chance to snap the t ... (Source: Collegebaseball.rivals.com 2010-11-15T20:02:15Z)

Judge voids no-jail plea deal amid outrage in case of NYC counselor accused of abusing teens

NEW YORK - A juvenile justice worker accused of molesting teenage girls inside a courthouse was set to get a no-jail sentence Monday until a judge threw out his plea deal, which had sparked criticism from the district attorney and outrage among women's ... (Source: Minneapolis Star Tribune 2010-11-15T22:46:54Z)

Smart kidnapping trial moving into 3rd week

SALT LAKE CITY – Recorded police interviews show that the man charged in the 2002 abduction of Elizabeth Smart told investigators heaven was his home and God had delivered him a young girl to become as his wife. Brian David Mitchell told police when he ... (Source: FOX News 2010-11-15T20:45:12Z)

Elizabeth Smart finishes Utah trial testimony

The man accused of abducting Elizabeth Smart was a crude, vulgar, self-serving person who used religion to justify his actions, including her kidnapping and rape, she told jurors on her third and final day of testimony. "He was his number one priority ... (Source: AP - msnbc.com 2010-11-10T18:35:07Z)

Cerabino: Truck plus AK-47: Deal to die for

You might be in Florida if the pickup truck you buy comes with a free AK-47 assault rifle. "We figured we'd come up with something different," said Nick Ginetta, the sales manager at Nations Trucks, a used-truck dealer in Central Florida. "We've already ... (Source: Palm Beach Interactive 2010-11-16T00:41:26Z)

Caterpillar digs deep in $7.6 billion deal for Bucyrus

NEW YORK - Caterpillar, the world's largest construction and mining equipment maker, moved aggressively to capitalize on demand in emerging markets Monday with a $7.6 billion buyout of Bucyrus International. Bucyrus makes surface mining equipment used for ... (Source: AZCentral.com 2010-11-16T02:14:29Z)

UPDATE 1-Newsweek, Daily Beast agree merger

NEW YORK, Nov 11 (Reuters) - Website Daily Beast (www.thedailybeast.com) and magazine Newsweek have agreed a deal to combine, Daily Beast co-founder and editor Tina Brown said, just weeks after abandoning merger talks. The agreement will combine the two ... (Source: Reuters 2010-11-12T05:25:21Z)

Newsweek and Daily Beast agree merger

Website Daily Beast (www.thedailybeast.com) and magazine Newsweek have agreed a deal to combine, Daily Beast co-founder and editor Tina Brown said, just weeks after abandoning merger talks. The agreement will combine the two groups in a 50-50 joint venture ... (Source: msnbc.com 2010-11-12T05:46:49Z)

Analysis: Canada needs damage control after snub to BHP

The ghost of BHP Billiton's $39 billion offer for Potash Corp will haunt Ottawa until it has clear rules on foreign takeovers and can persuade investors that a pro-business reputation remains intact. Canada, which blocked the bid last Wednesday, said BHP ... (Source: msnbc.com 2010-11-15T18:36:21Z)

Vanguard/DMC deal approved with strings attached

Despite Michigan Attorney General Mike Cox giving Vanguard Health Systems the go-ahead to buy nonprofit Detroit Medical Center, approval for the $1.5 billion deal comes with strings attached, according to an 85-page report the attorney general's office ... (Source: FierceHealthcare 2010-11-15T18:50:40Z)

Wall Street Ends Flat, Giving Up Most Gains of the Day

Stocks ended mostly flat on Monday after trading higher most of the day, helped by new statistics that suggested consumer spending was improving and by reports that a bellwether company has brokered a deal that would help expand its global business. The ... (Source: New York Times 2010-11-15T21:06:41Z)

House Democrats Hope for Deal in Leadership Fight

WASHINGTON—House Democrats are urgently hoping for a deal to resolve a leadership race that is aggravating tensions within the party following its election losses. House Majority Leader Steny Hoyer (D., Md.) is battling Rep. Jim Clyburn (D., S.C.), the ... (Source: Wall Street Journal 2010-11-09T00:21:06Z)

Judge voids no-prison plea deal amid outrage in case of NY counselor accused of raping teens

NEW YORK - A judge has thrown out a no-prison plea deal for a New York City juvenile counselor accused of sexually abusing three teenage girls in his custody at family court. State Supreme Court Justice Cassandra Mullen said Monday she would not give Tony ... (Source: Minneapolis Star Tribune 2010-11-15T19:26:28Z)

Caterpillar acquires Bucyrus International

NEW YORK - Caterpillar, the world's largest construction and mining equipment maker, moved aggressively to capitalize on demand in emerging markets Monday with a $7.6 billion buyout of Bucyrus International. Bucyrus makes surface mining equipment used for ... (Source: Minneapolis Star Tribune 2010-11-16T02:43:07Z)

No. 1 Connecticut not focusing on streak in showdown against No. 2 Baylor

STORRS, Conn. — Both Connecticut coach Geno Auriemma and Baylor's Kim Mulkey head into Tuesday's showdown between the nation's top two women's teams insisting that a loss would not be that big of a deal. No. 2 Baylor has a chance to snap the top-ranked ... (Source: Republic 2010-11-15T19:40:47Z)

Deal voided for NY counselor in molestation cases

NEW YORK -- A juvenile justice worker accused of molesting teenage girls inside a courthouse was set to be sentenced to no more than probation Monday until a judge threw out his plea deal amid criticism from the district attorney and outrage among women's ... (Source: Forbes 2010-11-15T19:26:28Z)

Fitch affirms BHP Billiton ratings as deal nixed

Fitch Ratings said Monday it affirmed BHP Billiton's 'A+' rating and said the company is no longer on watch for possible downgrade, a day after the Anglo-Australian miner withdrew its hostile takeover bid for fertilizer producer Potash Corp. of ... (Source: AP - msnbc.com 2010-11-15T16:34:40Z)

Business Highlights

___ Companies crank up deal machine, put cash to work NEW YORK (AP) — Big deals are a big deal again. From Caterpillar to Chevron to Google, some of the best-known names in corporate America are scooping up smaller companies, finally putting the piles of ... (Source: AP - msnbc.com 2010-11-15T22:54:03Z)

BHP Should Implement Plan B For Acquisitions

Now that BHP Billiton's bid for Canada's Potash Corp. of Saskatchewan is a long shot, the Anglo-Australian miner would be better off looking for smaller deals that strengthen its core business. One place to start is expanding its metallurgical coal, or met ... (Source: Wall Street Journal 2010-11-14T18:30:23Z)

Sector Snap: Machinery makers up on Bucyrus deal

NEW YORK -- Shares of heavy machinery makers jumped Monday after Caterpillar Inc. announced a $7.6 billion deal to purchase mining machinery maker Bucyrus International Inc. Bucyrus's stock jumped $20.17, or 29 percent, to $89.79 in afternoon trading ... (Source: Forbes 2010-11-15T19:26:28Z)

Euro fears depress U.S. stocks

NEW YORK - Stocks slumped to a mixed finish Monday as the dollar posted its second day of gains over concerns that Europe is on the edge of another bailout. Investors believe that Ireland may seek help from its fellow members in the European Union as its ... (Source: Minneapolis Star Tribune 2010-11-16T02:57:26Z)

AG Mike Cox conditionally approves DMC-Vanguard deal

DETROIT (AP) — Michigan Attorney General Mike Cox has conditionally approved the proposed sale of the nonprofit Detroit Medical Center to for-profit Vanguard Health Systems Inc. Cox said in a release Saturday the sale to Nashville, Tenn.-based Vanguard ... (Source: Crain's Detroit Business 2010-11-15T02:01:21Z)

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