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 / May 28, 2011, 2:43 pm

Fiat to acquire last U.S.-held Chrysler shares

Fiat and Treasury could reach a deal by June 10, the two-year anniversary of the creation of the Fiat-managed Chrysler. "We received notice that Fiat intends to exercise their call option on Treasury's shares," Treasury spokesman Mark Paustenbach said Friday. (Source: Detroit News 2011-05-28T21:12:50Z)

Suicide bomber strikes at NATO leaders

There was a flash of fire and people started running in all directions, he said. After that, the room went dark and white smoke billowed from the compound. AP Television News video showed the aftermath of the powerful blast: Windows and doors were blown ... (Source: KXAN 2011-05-28T21:12:50Z)

Barcelolna wins Champions League

Villa sealed the deal 15 minutes later, with Messi taking advantage of some reshuffling after Nani replaced Fabio to bear down, and pop the ball back up through the box to Sergio Busquets. Sergio then had the former Valencia man all alone with a clean goal ... (Source: FOXSports.com 2011-05-28T20:37:02Z)

Egypt reopens its border with Gaza

The border opening comes on the heels of an Egyptian-mediated unity deal between the rival Palestinian factions Hamas and Fatah. Hamas has governed Gaza since routing Fatah forces in 2007, leaving the Fatah-dominated Palestinian Authority in control only ... (Source: KXAN 2011-05-28T21:12:50Z)

Cleveland Cavaliers Want to Trade for No. 2 Pick in Draft

In the three-team deal that is being rumored, the Cavaliers would acquire the No. 2 pick from the Timberwolves and Hamilton from the Pistons. The Timberwolves would receive No. 4 pick in the draft that Cleveland owns as well as the No. 8 pick that the Pistons own. (Source: Associated Content 2011-05-28T20:37:02Z)

Egypt permanently opens Gaza border crossing

The border opening comes on the heels of an Egyptian-mediated unity deal between the rival Palestinian factions Hamas and Fatah. Hamas has governed Gaza since routing Fatah forces in 2007, leaving the Fatah-dominated Palestinian Authority in control only ... (Source: Los Angeles Times 2011-05-28T20:51:21Z)

Sudden purchase offer injects optimism into future of Woonsocket hospital

Although the deal still requires Silverstein's approval, the mood in the packed courtroom was upbeat after weeks of bad news. Describing Steward's proposal as "the model offer," Savage said: "We find ourselves in a fantastic position for the ... (Source: Providence Journal 2011-05-28T21:27:08Z)

Funny or Die: Groupon's Fate Hinges on Words

added some banter and attitude and married the result to a discounted deal. It has managed, at least for the moment, to make words pay. IN 177 North American cities and neighborhoods, 31 million people see one of the hundreds of daily deals that Ms ... (Source: New York Times 2011-05-28T21:12:50Z)

Puyol fit to frustrate Hernandez

Barcelona captain Carles Puyol is ready to deal with the unknown quantity of Javier Hernandez in tonight's UEFA Champions League final. Puyol has endured an injury-plagued year so far, missing several games during his side's La Liga title triumph ... (Source: FIFA.com 2011-05-28T12:30:16Z)

LCH.Clearnet May Be Next Front in Exchange Consolidation

Clearinghouses such as LCH.Clearnet and Eurex Clearing operate as central counterparties for every buy and sell order executed by their members, who post collateral, reducing the risk that a trader defaults on a deal. The business is becoming more valuable ... (Source: BusinessWeek 2011-05-28T10:42:54Z)

Masch remembers Liverpool after win

The Spanish champions showed their class in ripping apart United with goals from Pedro, Lionel Messi and David Villa sealing the deal. At half-time the scores were tied at 1-1 courtesy of Wayne Rooney's goal for United but Barca simply ran away with it ... (Source: espnstar.com 2011-05-28T21:19:59Z)

Arab League to seek U.N. seat for Palestinian state

It also relies on customs duties collected on its behalf by Israel, which triggered a financial crisis for the PA earlier this month when the Israeli government temporarily withheld the funds following a reconciliation deal between the rival Fatah and Hamas groups. (Source: WGNtv.com 2011-05-28T20:29:53Z)

Fiat to buy government's stake, end U.S. ownership of Chrysler

Under the option, a price for the government stake will negotiated within 10 business days -- or by about June 10. If no deal is reached, Fiat would pay a price determined by investment banks appointed by both parties. This week, Chrysler also repaid its $ ... (Source: USA Today 2011-05-28T11:18:41Z)

Cavaliers Attempting to Trade for No. 2 Pick with Timberwolves

The Cavs already own the No. 1 and 4 picks in the draft but are looking to move that fourth pick up to two. The reported deal involves three teams. The Cavs would absorb Richard Hamilton from the Detroit Pistons and take their pick No. 8 as well. (Source: Bleacherreport.com 2011-05-28T21:19:59Z)

UNICEF discloses vaccine prices for first time

UNICEF says it will continue to disclose pricing of future vaccine deals, with the hope that the transparency will push drugmakers to cut prices and thus allow the organization to vaccinate more children and save more lives. UNICEF last year spent $757 ... (Source: San Diego 6 2011-05-28T21:27:08Z)

Suicide bomber kills Afghan commanders, wounds German general

There was a flash of fire and people started running in all directions, he said. After that, the room went dark and white smoke billowed from the compound. AP Television News video showed the aftermath of the powerful blast: Windows and doors were blown ... (Source: Tampa Bay Online 2011-05-28T21:05:40Z)

Update on the latest news, sports, business and entertainment:

A tribal mediator says the sides agreed Saturday to withdraw their forces from the neighborhood starting Sunday morning. An aid to al-Ahmar is confirming the deal. Both spoke on condition of anonymity because they were not authorized to talk to the media. (Source: KYTV 2011-05-28T21:05:40Z)

Nevada A.G. refuses Gov. Sandoval's request to clarify Supreme Court ruling that affects budget

While Thursday's unanimous high court ruling dealt with $62 million taken in 2010 from the Clark County Clean Water Coalition, its ramifications could deal a serious blow to Sandoval's two-year budget proposal that relies on taking money from school ... (Source: Reno Gazette 2011-05-28T20:51:21Z)

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