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Deals of the Hour / November 8, 2010, 2:40 pm

ArcelorMittal to buy Baffinland Iron mines in deal worth $433 million

Baffinland Iron Mines Corp. said Monday that it has agreed to a friendly takeover offer from ArcelorMittal S.A. in a deal worth about $433 million, setting up a possible bidding war for the junior miner. ArcelorMittal, the world's biggest steel company ... (Source: Toronto Star 2010-11-08T18:37:30Z)

Palin tells Bernanke "cease and desist": report

WASHINGTON — Tea Party favorite Sarah Palin on Monday weighed in on the global debate over the Federal Reserve's $600 billion plan to buy up government debt, suggesting Fed Chairman Ben Bernanke should "cease and desist." "We shouldn't be playing around ... (Source: comcast.net 2010-11-08T22:12:15Z)

First-ever little Big Bangs created at CERN

Scientists at the world's largest atom smasher are getting their first look at the conditions which existed moments after the big bang of creation. Physicists working on the ALICE experiment in the Large Hadron Collider (LHC) at the European Organization ... (Source: ABC Online 2010-11-08T22:05:05Z)

Toddler found safe after wandering off from grandmother's house near Waupaca

WAUPACA, Wis. (AP) — Authorities in central Wisconsin have found a 2½-year-old girl who wandered off from her grandmother's house near Waupaca. The Waupaca County Sheriff's Office says the grandmother was watching her three grandchildren playing in her ... (Source: FOX6Now.com Milwaukee 2010-11-07T21:51:57Z)

ArcelorMittal offers to buy Baffinland for C$433 mn

Baffinland Iron Mines said ArcelorMittal, the world's largest steelmaker, has agreed to make an C$433 million offer for the Canadian miner. Baffinland said the ArcelorMittal offer values the company at C$1.10 a share, a premium of 16 per cent over the ... (Source: Economic Times 2010-11-08T18:23:11Z)

This year, stores push Black Friday into October

Attention bargain shoppers! It is October -- and Black Friday specials are here. The year's most popular discount shopping event, referring to the Friday after Thanksgiving, is arriving ahead of Halloween this year with some promotions beginning this week ... (Source: San Jose Mercury News 2010-10-29T17:59:15Z)

Atom Smasher Successfully Creates 'Mini Big Bangs'

If you've been following the Large Hadron Collider , you'll know that the history of the largest particle accelerator in the world has been fraught with problems. Some scientists — serious, credible scientists — even posited that the "troubled collider ... (Source: NPR News 2010-11-08T22:05:05Z)

Why Wait? This Year, Retailers Push Black Friday Into October

Attention bargain shoppers! It is October — and Black Friday specials are here. The year's most popular discount shopping event, referring to the Friday after Thanksgiving, is arriving ahead of Halloween this year, with some promotions beginning this ... (Source: New York Times 2010-10-28T03:05:39Z)

FBI: 69 children, 99 pimps found in US crackdown

More than five dozen child prostitutes have been found in the last three days as part of a nationwide crackdown on the sexual exploitation of children, the FBI said Monday. FBI spokesman Jason Pack said 69 children were removed from prostitution and 99 ... (Source: AP - msnbc.com 2010-11-08T18:30:20Z)

Hawaiian elections move same-sex civil unions closer

HONOLULU - Voters in Hawaii opened the way for same-sex civil unions to become state law next year, electing a gubernatorial candidate who supports gay rights and rejecting many church-backed candidates in last week's election. The state House and Senate ... (Source: Philadelphia Daily News 2010-11-07T08:58:52Z)

Airbus Tries to Go Big in Japan With Discount Carrier Skymark

Nov. 8 (Bloomberg) -- Airbus SAS's hope of cracking the Japanese market with its A380 superjumbo lies with a low-cost carrier that only runs domestic routes with a fleet of short- distance jets. Skymark Airlines Inc., which began service in 1998, plans ... (Source: BusinessWeek 2010-11-08T11:42:19Z)

Republicans sweep Democrats out of House

Disenchanted voters swept Democrats from power in the House of Representatives and bolstered the ranks of Senate Republicans on Tuesday in an election rout that dealt a sharp rebuke to President Barack Obama. Two years after Obama won the White House ... (Source: msnbc.com 2010-11-03T03:34:20Z)

FBI: 69 children found, 99 pimps arrested in national bust

WASHINGTON -- More than five dozen child prostitutes have been found in the last three days as part of a nationwide crackdown on the sexual exploitation of children, the FBI said Monday. FBI spokesman Jason Pack said 69 children were removed from ... (Source: Chicago Sun-Times 2010-11-08T21:29:18Z)

ArcelorMittal Announces Recommended All Cash Offer to Acquire Baffinland

ArcelorMittal S.A. ("ArcelorMittal"), the world's leading steel company, announced today that it has entered into a support agreement with Baffinland Iron Mines Corporation ("Baffinland") pursuant to which ArcelorMittal has agreed to make an offe ... (Source: Business Wire 2010-11-07T23:53:39Z)

UPDATE 3-Sanofi asks Genzyme to let investors decide on bid

PARIS, Nov 8 (Reuters) - French drugmaker Sanofi-Aventis ( SASY.PA ) said it has called on bid target Genzyme Corp ( GENZ.O ) not to use defensive tactics to block a takeover of the U.S. biotech but to let shareholders decide on its $18.5 billion offer ... (Source: Reuters 2010-11-08T21:50:46Z)

Coming Up on 'This Week' ... EXCLUSIVE: Senator-elect Rand Paul, Rep. Mike Pence and David Stockman

Then, two Republicans square off over tax cuts. House Republican Conference Chairman Mike Pence wants to extend all of the Bush tax cuts, while the President says he wants to extend tax cuts for the middle class, but allow tax cuts to expire for high ... (Source: ABC News 2010-11-04T21:48:21Z)

Toddler Found After Wandering Off Into Woods In Waupaca County

WAUPACA, Wis. -- Authorities in central Wisconsin have found a 2 1/2-year-old girl who wandered off from her grandmother's house near Waupaca. The Waupaca County Sheriff's Office said the grandmother was watching her three grandchildren playing in her yard ... (Source: Channel 3000 2010-11-07T22:34:54Z)

Dan Boren to oppose Nancy Pelosi's bid to remain leader of House Democrats

WASHINGTON — House Speaker Nancy Pelosi , used by many Republican campaigns as a symbol of Washington excess, announced Friday that she wants to remain Democratic leader next year, but Rep. Dan Boren said he won't support her. There was widespread ... (Source: Daily Oklahoman 2010-11-06T04:49:31Z)

Sanofi Says Genzyme Should Swear Off Defensive Steps

Nov. 8 (Bloomberg) -- Genzyme Corp. should forgo defensive measures such as staggering the terms of its directors to allow shareholders to decide whether they want to accept an $18.5 billion hostile takeover offer from Sanofi-Aventis SA, Sanofi said ... (Source: BusinessWeek 2010-11-08T17:40:14Z)

Skymark orders Japan's first Airbus A380s

TOKYO, November 8 – Japan's Skymark Airlines said on Monday it would buy up to six A380 planes worth as much as $2.1bn, marking the first time Europe's Airbus has sold one of its jumbo jets in Japan. Airbus lists the A380's average price at $346.3m ... (Source: Financial Times 2010-11-08T12:53:54Z)

Black Friday Ads, Deals Come Early To Attract Holiday Shoppers

It used to be that you had to wait until you received your newspaper on Thanksgiving before you were let in on Black Friday deals. Today stores "leak" their deals a few weeks in advance to entice customers. Among popular items this year are a wide ... (Source: Overthelimit.info 2010-11-08T19:56:14Z)

Genzyme Should Swear Off Defensive Measures, Sanofi Says

Nov. 8 (Bloomberg) -- Genzyme Corp. should forgo defensive measures such as staggering the terms of its directors to allow shareholders to decide whether they want to accept an $18.5 billion takeover offer from Sanofi-Aventis SA, Sanofi said. Sanofi is ... (Source: BusinessWeek 2010-11-08T15:52:51Z)

Civil Union Supporters Hopeful After General Election

KITV.com The election of Neil Abercrombie as governor has paved the way for the re-birth of civil unions in the upcoming legislative session. Representative Blake Oshiro said he expects to introduce a similar civil unions bill in the upcoming legislative ... (Source: msnbc.com 2010-11-08T19:13:17Z)

WRAPUP 19-U.S. Republicans sweep Democrats out of House

WASHINGTON, Nov 2 (Reuters) - Disenchanted U.S. voters swept Democrats from power in the House of Representatives and strengthened the ranks of Senate Republicans on Tuesday in an election rout that dealt a sharp rebuke to President Barack Obama. Two years ... (Source: Reuters 2010-11-03T03:55:48Z)

Toddler found after wandering off into woods

WAUPACA, Wisconsin (WXOW) - Authorities in central Wisconsin find a 2 1/2-year-old girl who wandered off from her grandmother's house near Waupaca. The Waupaca County Sheriff's Office says the grandmother was watching her three grandchildren playing in her ... (Source: WXOW TV-19 2010-11-08T06:13:02Z)

NYT Fails to Factcheck Republican Victory Laps

There are almost stories in the Monday papers about what politicians said on the Sunday morning chat shows . Today's New York Times is no different, and given the election outcome the quotes are primarily from Republicans taking their victory laps . None ... (Source: FAIR 2010-11-08T21:57:56Z)

Scientists re-create Big Bang

Researchers in Switzerland have created mini-versions of the Big Bang - the explosion which scientists say gave birth to the universe almost 14 billion years ago. The scientists smashed the nuclei of atoms of lead together to recreate a plasma which may ... (Source: ABC Online 2010-11-08T21:50:46Z)

FBI: 69 Child Prostitutes Taken Into Custody in Operation Cross Country V; 3 "Pimps" Arrested ...

Washington, DC (CBS/AP) -- The FBI says it has found 69 child prostitutes across the country during a crackdown on the sexual exploitation of children over the last three days. Federal, state and local authorities in 40 cities also arrested 884 people ... (Source: WLTX.com 2010-11-08T21:14:59Z)

Hawaii positioned to pass same-sex civil unions

Hawaii voters opened the way for same-sex civil unions to become state law next year, with an election that gave victory to a pro-gay rights gubernatorial candidate and rejected many church-backed candidates. The state House and Senate retained the ... (Source: AP - msnbc.com 2010-11-06T19:15:40Z)

Japanese low-cost airline ordering Airbus A380s

TOKYO (AP) -- Japanese low-cost airline Skymark is ordering four A380 double-decker superjumbo jets from Airbus, aiming to expand into international flights. Skymark Airlines said Monday the agreement will be final by early next year, including an option ... (Source: Yahoo Finance 2010-11-08T13:08:13Z)

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