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Deals of the Hour / November 20, 2010, 2:41 pm

Biz Break: For Google, a deal in the works to buy Groupon?

Today: Google reportedly is trying to buy Groupon. Plus: Silicon Valley's jobless rate falls in October. Testimony in a dispute involving Oracle and SAP ends without an appearance by HP's new CEO, who used to be CEO at SAP. Google and Groupon? Mountain ... (Source: San Jose Mercury News 2010-11-19T21:09:06Z)

Rogers pledges to defend itself against CRTC claims

MONTREAL — Rogers Communications says it will vigorously defend itself in court against claims by the federal Competition Bureau over its discount wireless brand. The Bureau is accusing Rogers of using misleading advertising to promote its talk-and-text ... (Source: CTV 2010-11-20T21:50:51Z)

Blackburn deal worth 54 million pounds - Indian owners

NEW DELHI (Reuters) - The Blackburn Rovers deal that made Venky's the first Indian company to own a Premier League club is worth 54 million pounds, the poultry giant said on Saturday. "The total value of the deal is 54 million pounds," the company said in ... (Source: Reuters UK 2010-11-20T13:15:28Z)

Cheesemaker Sargento signs off on $12 million expansion in Plymouth

PLYMOUTH — Cheesemaker Sargento has signed an agreement with the city of Plymouth to expand its operations in eastern Wisconsin. Sargento plans to spend $12 million to $15 million to build a new headquarters that will connect with existing office and ... (Source: Post-Crescent 2010-11-20T10:02:11Z)

Small businesses joining push for post-Thanksgiving shopping

For years, small businesses have lived in the shadow of the sprawling malls and big-box stores that draw the deal-seeking masses in the frenzied shopping days after Thanksgiving. Now they are fighting back. This year will usher in the inaugural Small ... (Source: Austin American-Statesman 2010-11-20T04:25:45Z)

For local retailers, their day to shine

For years, small businesses have lived in the shadow of sprawling malls, big-box stores and category killers that draw the deal-seeking masses in the frenzied shopping days after Thanksgiving. Now they are fighting back. This year will usher in Small ... (Source: Washington Post 2010-11-20T07:10:23Z)

Wells Fargo will pay Citigroup $100 million to settle lawsuit over Wachovia deal

NEW YORK (AP) — Wells Fargo & Co. has agreed to pay $100 million to Citigroup Inc. to settle a dispute related to its acquisition of Wachovia Corp. in October 2008, at the height of the financial crisis. Wachovia was teetering on the brink of collapse ... (Source: Chicago Tribune 2010-11-19T18:31:37Z)

E Ink, maker of Kindle display, to offer color

Up until now, people who have bought e-readers have had to make a compromise: either read in color on a highly reflective screen, or read in shades of gray on a display that's easy to make out even outdoors. NEW YORK – Up until now, people who have bought ... (Source: Tacoma News Tribune 2010-11-09T17:24:44Z)

Groupon shopping itself?

First it was Yahoo. Now it's Google . Apparently, if all of the anonymously sourced stories springing from Wall Street are true, deal-of-the-day Web site Groupon has no shortage of Silicon Valley suitors. The All Things Digital blog, written by a Wall ... (Source: Chicago Tribune 2010-11-20T17:47:28Z)

Drayton McLane puts Astros up for sale

Drayton McLane is putting the Houston Astros up for sale. The 74-year-old owner has retained the New York investment firm Allen and Company to help him unload the team he purchased in November 1992 for about $117 million. McLane met with team employees ... (Source: San Francisco Gate 2010-11-20T10:09:21Z)

NC State cruises past George Mason into Charleston Classic final

CHARLESTON, S.C. — Freshman Ryan Harrow scored 14 points, and N.C. State's young lineup ran past George Mason and into the Charleston Classic finals with a 78-65 victory Friday night. The Wolfpack (3-0) will meet No. 20 Georgetown on Sunday night to ... (Source: Asheville Citizen-Times 2010-11-20T05:08:42Z)

Soviet Nuclear Test Site Now A Model For Safeguards

A yearlong project completed earlier this week in Kazakhstan, with the help of the U.S., secured tons of dangerous nuclear material capable of producing nearly 800 nuclear bombs. The material was left behind in Kazakhstan by the collapse of the Soviet ... (Source: NPR News 2010-11-19T22:13:31Z)

PROFNET EXPERT ALERTS: Holiday Shopping

Following are experts who can discuss various aspects of holiday shopping, including retail trends, e-commerce, consumer behavior, economic implications, deals/discounts and more. You may also find additional experts who can speak on this topic by visiting ... (Source: Street.Com 2010-11-19T20:54:47Z)

Sargento signs off on $12 million expansion

PLYMOUTH, Wis.—Cheesemaker Sargento has signed an agreement with the city of Plymouth to expand its operations in eastern Wisconsin. Sargento plans to spend $12 million to $15 million to build a new headquarters that will connect with existing office and ... (Source: Pioneer Press 2010-11-19T12:40:51Z)

Rogers Wireless Facing C$10 Million Fine Over Advertising Campaign

­Canada's Competition Bureau says that it has begun legal proceedings against Rogers Communications to stop what the Bureau has concluded is misleading advertising of Rogers' Chatr discount cell phone and text service. Rogers' Canada-wide advertising ... (Source: Cellular-News 2010-11-20T18:08:57Z)

Pirates Won't Offer Contracts To Duke, LaRoche, Young

The Pirates won't offer contracts to left-hander Zach Duke and infielders Andy LaRoche and Delwyn Young, designating them for assignment in moves that effectively make them free agents, according to an ESPN.com report on Friday. (Source: RealGM.com 2010-11-20T06:34:36Z)

Amazon aims to give filmmakers foot in the door

Amazon.com Inc. is starting a Web business aimed at helping filmmakers get their movies onto the big screen. Amazon Studios, which the online retailer announced Tuesday, is seeking full-length films and scripts from filmmakers and screenwriters that can be ... (Source: Los Angeles Daily News 2010-11-20T07:53:20Z)

Wells Fargo will pay Citigroup $100 million to settle Wachovia lawsuit

Two banks that clashed over dueling deals to buy Wachovia Corp. announced a $100-million legal settlement Friday. Wells Fargo & Co. will pay Citigroup Inc. to resolve all claims in the dispute, the banks said in a joint statement. The payment caps a feud ... (Source: Los Angeles Times 2010-11-20T01:55:25Z)

Russian pleads not guilty to weapons-sale charges

NEW YORK - A former Soviet military officer dubbed the "Merchant of Death" for allegedly selling an arsenal of weapons that would be "the envy of some small countries" was in the United States on Wednesday to face justice, a prosecutor announced, refusing ... (Source: Philadelphia Daily News 2010-11-18T08:02:52Z)

Competition Bureau seeks maximum $10-million fine against Rogers for Chatr ads

(Canadian Press DataFile Via Acquire Media NewsEdge) MONTREAL _ Rogers Communications Inc. could face more than $10 million in penalties for allegedly using misleading advertising to promote its talk-and-text discount wireless brand, Chatr. The federal ... (Source: TMCnet 2010-11-20T09:47:52Z)

Alleged Russian Arms Dealer Extradited To N.Y.

After more than two years of legal proceedings, alleged international arms dealer Viktor Bout has been extradited to New York from Thailand to stand trial on terrorism charges. Copyright © 2010 National Public Radio®. For personal, noncommercial use only ... (Source: NPR News 2010-11-18T06:22:39Z)

State college basketball roundup

CHARLESTON , S.C. - Cam Long had 16 points, Luke Hancock recorded 11 points and Ryan Pearson finished with 10 for George Mason , but the Patriots (2-1) lost 78-65 yesterday to N.C. State (3-0) in the Charleston Classic finals. The Patriots wiped out a 10 ... (Source: Richmond Times-Dispatch 2010-11-20T05:01:32Z)

Wells Fargo to pay Citigroup $100 million over Wachovia deal

Wells Fargo agreed to pay $100 million for scuttling Citigroup's takeover of Wachovia with a higher bid during the depths of the financial crisis. The payment to New York-based Citigroup resolves ``all claims related to this dispute,'' Citigroup and San ... (Source: Miami Herald 2010-11-19T21:23:24Z)

Baseball Notes: Owner puts the Astros up for sale

Houston Astros owner Drayton McLane says he's retained the New York investment firm Allen and Company to help him sell the team he purchased in November 1992 for about $117 million, a move first reported by KRIV-TV. Steve Greenberg, the son of Hall of Fame ... (Source: Philadelphia Daily News 2010-11-20T08:00:30Z)

Harrow leads N.C. State past George Mason in Charleston Classic

Freshman Ryan Harrow scored 14 points and North Carolina State's young lineup ran past George Mason and into the Charleston Classic finals with a 78-65 victory Friday night. The Wolfpack (3-0) will meet No. 20 Georgetown on Sunday night (7:30 p.m.) to ... (Source: The Post and Courier 2010-11-20T02:31:13Z)

Sargento, Plymouth ink expansion deal

The city of Plymouth and Sargento Foods management have signed a development agreement to support the company's effort to build a new corporate headquarters. The deal is expected to cement the cheese manufacturer's long-term presence in the community. (Source: Birmingham Business Journal 2010-11-19T13:52:26Z)

Google Mulling Purchase of Groupon, Sources Say

Google ( GOOG ) is reportedly in discussions to buy local e-commerce discounter Groupon for a higher price than rival Yahoo! ( YHOO ) mulled earlier this year. According to a report by All Things Digital, which cited sources familiar with the matter ... (Source: FOXBusiness 2010-11-19T16:08:27Z)

Venky's of India completes Blackburn takeover

LONDON -- Poultry giant Venky's became the first Indian company to own an English Premier League club on Friday when it completed the takeover of former champion Blackburn. A newly established British subsidiary called Venky's London Limited paid 23 ... (Source: Forbes 2010-11-19T20:54:47Z)

Venky's becomes first Indian owner of Premier League club with takeover of Blackburn

LONDON — Poultry giant Venky's became the first Indian company to own an English Premier League club on Friday when it completed the takeover of former champion Blackburn. A newly established British subsidiary called Venky's London Limited paid 23 ... (Source: Washington Examiner 2010-11-19T20:54:47Z)

Amazon eases Kindle book gift restrictions

Amazon.com Inc. has begun allowing customers to give its Kindle e-books to others. Before, customers could give only gift certificates to cover the cost of an e-book. Amazon.com Inc. has begun allowing customers to give its Kindle e-books to others. Before ... (Source: Tacoma News Tribune 2010-11-20T08:14:49Z)

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