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 3, 2010, 3:40 pm

Metro-Goldwyn-Mayer files for bankruptcy after creditors strike deal with Carl Icahn

Metro-Goldwyn-Mayer, Hollywood's fabled and once most powerful studio, has filed for bankruptcy protection after it could no longer pay down its crippling debt or make and release new movies. The filing, made Wednesday morning, comes after MGM's leading ... (Source: Los Angeles Times 2010-11-03T21:42:23Z)

That's technology cascading down the slopes

KATMANDU, Nepal — How's this for a Facebook status update: "About to start scaling Mount Everest." Should they have time to check e-mails, climbers attempting to scale the world's highest peak now have access to high-speed Internet near its ... (Source: The Wenatchee World Online 2010-11-02T15:17:01Z)

Observers: Benacquisto's state Senate victory over Rader stemmed from anger at D.C., not rape ...

In a state Senate race that featured weeks of accusations from both sides, ethics complaints, lawsuits and finally a startling revelation by Republican candidate Lizbeth Benacquisto, political experts and voters say the results probably had more to do with ... (Source: Palm Beach Interactive 2010-11-03T17:17:32Z)

Film studio MGM files for bankruptcy with support of lenders, after fight with Icahn

LOS ANGELES (AP) — Hollywood studio Metro-Goldwyn-Mayer Inc. , the home of James Bond, filed for bankruptcy protection on Wednesday in a plan that had the backing of its lenders, and it sought permission to begin funding its half of " The Hobbit ." The ... (Source: Orlando Sentinel 2010-11-03T20:23:39Z)

Vikings coach Brad Childress fumbles Randy Moss deal

RC : There are probably 25 teams out there who would take talented Moss in a heartbeat. But some of them will do it with a blindfold and a nose plug to keep from seeing and smelling evil. Moss can win you games, but he can also break your heart. Moss maybe ... (Source: USA Today 2010-11-02T23:16:38Z)

Stalemate in Congress might not be bad for economy

WASHINGTON — Fresh off sweeping gains in Tuesday's elections, Republicans vowed to shrink government and repeal President Barack Obama's health care law . Yet despite their capture of the House and near-takeover of the Senate , there's little chance they ... (Source: Opelika Auburn News 2010-11-03T21:13:45Z)

More than 100 dead as Indonesia is hit by tsunami, volcanic eruptions

JAKARTA, Indonesia | Indonesian authorities scrambled to deal with two deadly events Tuesday — a tsunami and volcanic eruptions that struck in separate parts of the vast archipelago. Rescue workers and fishermen searched for survivors in waters west of ... (Source: Kansas City Star 2010-10-27T06:20:07Z)

Tribune creditor group alleges fraud in 2007 deal

A group of creditors angling to get more money out of Tribune Co.'s bankruptcy case is alleging that greed and misconduct of the media company's lenders, advisers and own leaders led to its financial downfall. A committee representing Tribune's unsecured ... (Source: AP - msnbc.com 2010-11-02T22:48:00Z)

With World Series set to start, Fox rejects Cablevision's new offer to end blackout

LOS ANGELES - Fox on Wednesday rejected a last-ditch offer from Cablevision Systems Corp. to pay it more for its TV stations' signals, a move that could leave some 3 million Cablevision subscribers in the New York area with few options besides heading to a ... (Source: Minneapolis Star Tribune 2010-10-27T23:59:32Z)

New sailings in Alaska to use Cruise West ship

SITKA, Alaska — A family-owned tour company will offer weeklong cruises of Southeast Alaska next year that start and end in Sitka, using ships of the now-closed Seattle-based Cruise West company. A spokesman for Allen Marine Tours said the company will ... (Source: Seattle Times 2010-11-01T16:51:16Z)

Suns give sharp-shooting reserve Jared Dudley a contract extension

PHOENIX — The Phoenix Suns have extended the contract of forward Jared Dudley, the team's hustling defender and sharpshooter off the bench the past two seasons. The four-year, $17 million deal with a player option for a fifth year takes effect next ... (Source: San Francisco Examiner 2010-11-02T13:08:10Z)

Cablevision, Fox Resolve Fee Dispute for World Series, NFL Games

Oct. 31 (Bloomberg) -- Cablevision Systems Corp. and News Corp. resolved a fee dispute that blacked out Fox programming, including the World Series, for Cablevision's 3 million customers in the New York area for two weeks. The agreement was reached ahead ... (Source: BusinessWeek 2010-10-31T03:59:21Z)

Siemens Clinches 600-Megawatt Turbine Deal With Enel, an Industrial Info News Alert

GALWAY, IRELAND -- (Marketwire) -- 11/03/10 -- Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) -- Siemens AG (Munich, Germany) has secured a long-term wind turbine supply agreement with Enel Green Power (EGP), the ... (Source: Daily Finance 2010-11-03T04:53:04Z)

Diamond Foods Congratulates World Champion San Francisco Giants

SAN FRANCISCO, Nov. 2, 2010 (GLOBE NEWSWIRE) -- Diamond Foods, Inc. (Nasdaq:DMND) announced today that it will continue its support of the San Francisco Giants on Wednesday as a sponsor of the World Series Championship celebration parade through the ... (Source: msnbc.com 2010-11-03T03:48:39Z)

Tour company announces cruises out of Sitka, Alaska

SITKA, Alaska — A family-owned tour company will offer weeklong cruises of southeast Alaska next year that start and end in Sitka. A spokesman for Allen Marine Tours told the Sitka Sentinel that the company will lease two former Cruise West vessels for ... (Source: msnbc.com 2010-11-03T05:14:32Z)

MGM Movie Studio Files for Bankruptcy

(Wall Street Journal) - Metro-Goldwyn-Mayer (MGM) filed for bankruptcy protection Wednesday, cementing a long fall for the iconic Hollywood studio with the roaring-lion logo. MGM filed a "prepackaged" Chapter 11 bankruptcy in New York that had approval ... (Source: myfoxny.com 2010-11-03T21:56:42Z)

Suns extend hustling sharpshooter Dudley's deal

PHOENIX—The Phoenix Suns have extended the contract of forward Jared Dudley, the team's hustling defender and sharpshooter off the bench the past two seasons. The four-year, $17 million deal with a player option for a fifth year takes effect next season ... (Source: San Jose Mercury News 2010-11-02T15:02:42Z)

Tsunami and Volcano Batter Indonesia

JAKARTA, Indonesia — Indonesian authorities scrambled to deal Wednesday with two deadly disasters after a tsunami and volcanic eruptions struck in separate regions of the vast archipelago. In the first, rescue workers and fishermen searched for survivors ... (Source: New York Times 2010-10-27T04:39:54Z)

Marathon Oil Celebrates Strong Third-Quarter 2010 as Sales Volumes Continue to Improve, an ...

Researched by Industrial Info Resources (Sugar Land, Texas) -- Leading oil and gas company Marathon Oil Corporation (NYSE:MRO) (Houston, Texas) saw solid overall results in the third quarter of 2010, largely due to improved sales volumes for oil production ... (Source: msnbc.com 2010-11-03T09:39:24Z)

Whirlpool Corporation to Invest $150 Million in Company Restructuring, an Industrial Info News Alert

Researched by Industrial Info Resources (Sugar Land, Texas) -- The Whirlpool Corporation (NYSE:WHR) (Benton Harbor, Michigan) plans to invest more than $150 million in restructuring company operations by constructing new plants and closing existing ones ... (Source: Melodika.net 2010-11-03T09:53:43Z)

Aspen won't follow Vail's lead by tracking vertical

ASPEN — This isn't your father's ski pass. Both the Aspen Skiing Co. and Vail Resorts are expanding use of ski passes this season, although in radically different directions. Vail Resorts is using radio frequency (RF) technology to allow pass-holders and ... (Source: Summit Daily News 2010-11-02T05:58:41Z)

Phoenix Suns-Jared Dudley deal good for both sides

It rarely happens in sports, when egos and millions inhabit the same space, that everyone comes out looking good. It happened Monday night in the US Airways Center office of Lon Babby, just eight minutes before the NBA deadline to extend rookie scale ... (Source: AZCentral.com 2010-11-03T08:06:20Z)

Verbatim: Brad Childress on Moss decision

EDEN PRAIRIE, Minn. -- Minnesota Vikings coach Brad Childress faced questions for 13 minutes Wednesday about his decision to waive receiver Randy Moss, offering few details but acknowledging the original plan to acquire him was "a poor decision." Childress ... (Source: ESPN.com 2010-11-03T21:42:23Z)

Creditors sue over Trib deal, allege fraud in Zell's buyout

A group of creditors in the Tribune Co. bankruptcy case is suing virtually all the key principals involved in the company's $8.2 billion buyout, alleging that greed and misconduct of the media company's lenders, advisers and own leaders led to its ... (Source: Chicago Sun-Times 2010-11-03T08:49:17Z)

Allen Marine Tours announces cruises out of Sitka

A family owned tour company will offer weeklong cruises of southeast Alaska next year that start and end in Sitka. A spokesman for Allen Marine Tours told the Sitka Sentinel that the company will lease two former Cruise West vessels for the trips. "What we ... (Source: AP - msnbc.com 2010-11-02T21:00:37Z)

Indonesia rushes to aid tsunami, volcano victims

Indonesian authorities scrambled to deal with two deadly events Tuesday after a tsunami and volcanic eruptions struck in separate regions of the vast archipelago. Rescue workers and fishermen searched for survivors in waters west of Sumatra Island after a ... (Source: San Francisco Gate 2010-10-27T09:54:51Z)

Tribune Co. creditors allege fraud

WILMINGTON, Del. (AP) - A group of creditors in Tribune Co.'s bankruptcy case is alleging that greed and misconduct of its lenders, advisers and own leaders created the company's downfall. Tribune's unsecured creditors filed two complaints late Monday in ... (Source: KGUN 9 2010-11-03T01:46:57Z)

Deal-or-punt decision on Bush tax cuts is Obama's

WASHINGTON — Will Congress extend the Bush tax cuts into 2011 in the weeks after Tuesday's election or let the automatic increase start cutting into most people's paychecks early next year? It's really pretty much up to President Barack Obama ... (Source: Opelika Auburn News 2010-10-31T21:31:37Z)

Colorado ski resorts offer apps for the slopes

DENVER (AP) -- This season, there's more to technology on the ski slopes than the new shapes in skis. As skiers and snowboarders head online to book vacations and then brag about it, Colorado resorts are amping up their social media and smart phone ... (Source: Dallas Morning News 2010-11-02T17:54:30Z)

Vikings Coach Brad Childress Cuts Randy Moss for Being Randy Moss

The Minnesota Vikings needed just four games to see enough of the same old Randy Moss routine. He took some plays off in a 28-18 loss to the New England Patriots, and he again showed the inability to get down the field and make big plays. A day after the ... (Source: Associated Content 2010-11-03T17:46:10Z)

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