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 2, 2010, 2:41 am

Former ImClone CEO embarks on new venture

Samuel D. Waksal is not letting his past stand in the way of his future. The former chief executive of the biotechnology company ImClone Systems, Waksal spent five years in federal prison after admitting to insider stock trading and other crimes. Now, less ... (Source: Post-Bulletin 2010-11-01T15:54:00Z)

Southern California home sales surge as bargain-hunters jump on foreclosed properties

SAN DIEGO (AP) — Southern California home sales surged to a 16-month high in July as prices kept falling and bargain-hunters snapped up foreclosed properties, a research firm said Monday. A total of 20,329 homes and condos — including new and existing ... (Source: Chicago Tribune 2010-10-22T12:45:26Z)

Gutierrez conviction could boost county probe

The conviction of a Rancho Cuca monga councilman last week marks a major step in the ongoing investiga tion into corruption in San Bernar dino County government, according to political experts. While prosecutors maintain they were always confident in their ... (Source: San Jose Mercury News 2010-10-31T11:51:48Z)

UPDATE 1-Valeant, Kadmon sign deals on hepatitis C drugs

*Receives $5 mln upfront, 8-12 pct royalty payments *Kadmon gets $7.5 mln for some rights to ribavirin dosages TORONTO, Nov 1 (Reuters) - Canada's Valeant Pharmaceuticals International ( VRX.TO ) and U.S. company Kadmon Pharmaceuticals said on Monday they ... (Source: Reuters 2010-11-01T14:56:44Z)

Russia Approves Banks For Privatization Deals - Report

MOSCOW -(Dow Jones)- Russian government has chosen Goldman Sachs Group Inc., Morgan Stanley ( MS ), Deutsche Bank AG ( DB .XE) and seven other banks to consult it on privatizations and organize the sale of state stakes, Interfax reports Thursday, citing a ... (Source: NASDAQ 2010-10-28T16:41:42Z)

Online court records already being erased in some cases

♦ Sign up for news, weather and sports text alerts. In a little-known but increasingly common practice, circuit court clerks are rewriting history on the popular Wisconsin Circuit Court Access site by erasing any mention of charges that are dismissed ... (Source: Post-Crescent 2010-11-01T09:20:18Z)

'Daily deals' sites turn discounts into a social media phenomenon

As shoppers get ready for another tough holiday season, more will be using coupons — but not your mother's old-school, cut-on-the-dotted-line version. A new breed of coupons — zapped daily to consumers' e-mail accounts and offering local deals for spa ... (Source: Los Angeles Times 2010-10-26T11:57:44Z)

Conviction boosts San Bernardino County corruption investigation

The conviction of a Rancho Cucamonga councilman last week marks a major step in the ongoing investigation into corruption in San Bernardino County government, according to political experts. While prosecutors maintain they were always confident in their ... (Source: Redlands Daily Facts 2010-11-01T04:12:29Z)

Mention of Kashmir by Obama will be potentially explosive

Any mention of Kashmir by US President Barack Obama during his trip to India can be potentially explosive, a top American strategic expert has said, adding that Pakistan will dominate in his talks with Prime Minister Manmohan Singh. Noting that Obama's ... (Source: Hindustan Times 2010-11-02T02:45:24Z)

BC-CA--California News Digest, CA

The supervisor in Los Angeles is James Beltran. Denise Petski takes over at 3:30 p.m. If you have a news tip or questions about the report, call 213-626-1200. The supervisor in San Francisco is Daisy Nguyen. John Marshall takes over at 3:30 p.m. They can ... (Source: New Orleans Times-Picayune 2010-11-01T19:57:23Z)

Russia,Vietnam Sign MoU To Support TNK-BP Buying BP Assets-Source

MOSCOW (Dow Jones)--Russia and Vietnam have signed a memorandum of understanding that supports Anglo-Russian joint venture TNK-BP Ltd.'s bid to buy BP PLC (BP)'s assets in Vietnam, a person close to TNK-BP said Monday. Russian Energy Minister Sergey ... (Source: Wall Street Journal 2010-11-01T11:50:37Z)

Maven Semantic Releases Neurodegenerative Research Database

Nov 02, 2010 (Close-Up Media via COMTEX) -- Maven Semantic announced updates to its Neurodegenerative research database. According to a release, the new database is now available to marketing, business development, competitor intelligence, KOL, medical ... (Source: TMCnet 2010-11-02T07:03:06Z)

APNewsBreak: Wis. online court record database hides some charges that are dismissed in deals

MADISON, Wis. (AP) — In a little-known practice, some clerks are rewriting history on Wisconsin's popular court records database by erasing any mention of charges dismissed under plea agreements. The clerks are acting on the recommendation of the ... (Source: FOX6Now.com Milwaukee 2010-10-31T14:57:55Z)

Indo-America defence deals

When US President Barack Obama arrives in India next month, he will face a key challenge of boosting defence ties that are on the upswing but mired by political suspicion over pandering to Washington's interests. Underlying the visit will be lobbying for ... (Source: TradingMarkets.com 2010-10-28T06:40:24Z)

Jim Loach's debut film deals with child abuse

The first feature film by Jim Loach, son of English director Ken Loach, looks at the true story of the deportation of thousands of children from Britain to Australia, where they suffered abuse and hardship. Loach presented "Oranges and Sunshine" at the ... (Source: San Francisco Gate 2010-10-31T14:57:55Z)

England overtakes Germany in shirt deals, study shows

MADRID (Reuters) - The English Premier League has leapfrogged Germany's Bundesliga as the biggest earner from shirt sponsorship, according to a study by consulting firm Sport+Markt published on Thursday. Despite tough times for the British economy ... (Source: Reuters India 2010-10-28T15:22:57Z)

Q+A-Is there momentum to open India's retail sector to FDI?

NEW DELHI Nov 1 (Reuters) - India's moves to open up its multi-brand retail sector to foreign investors is a headline issue for U.S. President Barack Obama's visit to India, closely watched by retail giant Wal-Mart Stores Inc ( WMT.N ). India allows 51 ... (Source: Reuters 2010-11-01T05:45:33Z)

Groupon Launches in Reno

RENO, Nev.--(BUSINESS WIRE)-- Groupon ( www.groupon.com ), a shopping website that offers a daily deal on the best local goods, services and cultural events in more than 250 markets around the world, launched in Reno on October 27, 2010. "Reno lives up ... (Source: Yahoo Finance 2010-11-01T14:56:44Z)

China cuts discount to mortgage rates: Reports

BEIJING: Beijing has taken a fresh step to discourage property buying by ordering banks to charge higher mortgage interest rates for first home buyers, local media reported over the weekend. Lenders were told by China's banking regulator that they can ... (Source: Economic Times 2010-10-31T05:53:53Z)

Valeant, Kadmon sign deals on hepatitis C drugs

TORONTO (Reuters) - Canada's Valeant Pharmaceuticals International (VRX.TO: Quote ) and U.S. company Kadmon Pharmaceuticals said on Monday they have signed two deals to partner on hepatitis C drugs as Valeant moves to end development of antiviral drugs but ... (Source: Reuters Canada 2010-11-01T14:56:44Z)

Ning and Groupon Team Up to Bring GEO-Targeted Daily Deals to Ning Powered Social Websites

Ning, the world's largest platform for creating custom social websites, is partnering with Groupon, the original daily local deal website, to extend the global reach of daily Groupon offers to participating Ning customers. This custom Groupon integration ... (Source: msnbc.com 2010-10-21T20:31:54Z)

Jim Loach's debut feature film deals with child migrants and the abuse they suffered

ROME (AP) — The first feature film by Jim Loach looks at the true story of the deportation of thousands of children from Britain to Australia and the abuse they suffered. The director said he sees it as a tale of survival and the indomitable human spirit ... (Source: Orlando Sentinel 2010-10-31T16:02:21Z)

Online court records already limited

MADISON, Wis. (AP) — Lost in the debate over whether to erase the online court records of individuals who have criminal charges dismissed is a surprising fact: That's already happening in some cases. In a little-known but increasingly common practice ... (Source: Beloit Daily News 2010-11-01T16:22:38Z)

Calif candidates deliver final pitch to CA voters

Republican Meg Whitman and Democrat Jerry Brown are delivering their closing arguments to California voters, appearing at events throughout the Golden State as they pitch their proposals to turn the financially troubled state around. Public opinion polls ... (Source: San Francisco Gate 2010-11-01T12:47:53Z)

Hong Kong Stocks Draw Flat Lead

(RTTNews) - In other news regarding the housing sector, Federal Reserve Chairman Ben Bernanke revealed that reviews of foreclosure practices by major banks will be unveiled in November. The report is expected to gauge the effect of errors on the real ... (Source: RTT News 2010-10-26T01:13:29Z)

ArcelorMittal, Evraz Agree Supply Deal In Czech Republic

MOSCOW -(Dow Jones)- The world's largest steelmaker ArcelorMittal ( MT ) has agreed to supply no less than 550,000 tons of liquid pig iron to Russian steel producer Evraz Group SA's (EVR.LN) Czech unit, the Russian company said Monday. The supply of pig ... (Source: FOXBusiness 2010-11-01T07:47:14Z)

Investigator: Aleman wore wire before plea bargain

Adam Aleman, the prosecution's key witness in the San Bernardino County Assessor's Office scandal, covertly recorded conversations with former Assessor Bill Postmus for investigators before he even had a plea bargain in place, according to court testimony ... (Source: San Jose Mercury News 2010-10-30T02:41:48Z)

China cuts discount to mortgage rates -media

BEIJING Oct 31 (Reuters) - Beijing has taken a fresh step to discourage property buying by ordering banks to charge higher mortgage interest rates for first home buyers, local media reported over the weekend. Lenders were told by China's banking regulator ... (Source: Reuters UK 2010-10-31T04:42:18Z)

Director's son has a film of his own

ROME - The first feature film by Jim Loach looks at the true story of the deportation of thousands of children from Britain to Australia and the abuse they suffered. The director said he saw it as a tale of survival and the indomitable human spirit. Loach ... (Source: Philadelphia Daily News 2010-11-01T07:04:17Z)

English clubs overtake Germans for shirt revenue

LONDON - The English Premier League has overtaken Germany's Bundesliga for attracting Europe's most lucrative shirt sponsorship deals, according to a study published on Thursday. The 12th SPORT+MARKT European Football Jersey Report shows England's top 20 ... (Source: CNBC 2010-10-28T16:56:01Z)

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