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Deals of the Hour / June 1, 2011, 2:52 pm

Nuveen Municipal Advantage Fund Declares Capital Gains

Nuveen Investments markets a wide range of specialized investment solutions which provide investors access to capabilities of its high-quality boutique investment affiliates - NWQ, Nuveen Asset Management, Santa Barbara, Symphony, Tradewinds and Winslow Capital. (Source: StreetInsider.com 2011-06-01T21:36:43Z)

U.S. prosecutors: "smokescreen" shows traders' guilt

In his closing argument, Assistant U.S. Attorney Richard Tarlowe said alleged ringleader Zvi Goffer, 34, paid cash bribes to lawyers at Ropes & Gray to learn about what corporate deals the law firm was working on, to benefit his firm Incremental Capital LLC. (Source: Reuters 2011-06-01T20:32:17Z)

BMW Keeps U.S. Luxury Sales Lead as Germans Boost Discounts

s Lexus. "BMW and Mercedes-Benz clearly will be on a photo finish for the rest of the year," Jesse Toprak, vice president of industry trends at TrueCar.com in Santa Monica, California, said in a telephone interview. "Lexus, for the first time in many ... (Source: BusinessWeek 2011-06-01T21:15:14Z)

McDonald's near Anaheim Stadium gutted

Join the conversation: Please LIKE my new Facebook fan page for real-time information on local food news, trends and deals. We have great conversation about restaurants, so join the fun. You can also follow me on Twitter Related stories: (Source: msnbc.com 2011-06-01T13:44:16Z)

Lenovo buys German computer seller Medion for $900 million

It became a household name after it started cooperating with German discount retail chain Aldi almost two decades ago. It was founded by Gerd Brachmann, a TV engineer, who launched his business by importing non-food items, such as microwaves, from Asia. (Source: Reuters 2011-06-01T13:01:19Z)

Nuveen Diversified Commodity Fund Declares Monthly Distribution

Nuveen Investments markets a wide range of specialized investment solutions which provide investors access to capabilities of its high-quality boutique investment affiliates - NWQ, Nuveen Asset Management, Santa Barbara, Symphony, Tradewinds and Winslow Capital. (Source: StreetInsider.com 2011-06-01T21:36:43Z)

Gee: Gene Smith's job is safe

Tressel expressed surprise at the time, but in the course of the university preparing its appeal of the suspensions, emails were discovered between Tressel and a Columbus lawyer that proved the coach had known about the memorabilia deals as long ago as April 2010. (Source: Columbus Dispatch 2011-06-01T21:15:14Z)

On The Charts: Lady Gaga Leaves Brad Paisley In Her Dust

In an e-mail to music industry newsletter editor Bob Lefsetz, Gaga's manager Troy Carter said he had no idea the digital retailer was going to make such an offer. "I applaud them for their efforts," he wrote . "Anytime we can get people to purchase ... (Source: Rolling Stone 2011-06-01T20:46:36Z)

Ohio State Buckeye Q&A: Might Tressel try politics next?

"I guess if you were in the military, we would say we lost a fine comrade in this whole thing," said Alabama's Nick Saban, who was an assistant coach with Tressel at OSU in 1981. "He's a good friend. He's been somebody that I've had a tremendous amount of ... (Source: Detroit Free Press 2011-06-01T21:36:43Z)

Attention at Ohio State switches to Pryor's many cars

The salesman who put Pryor behind the wheel of several expensive vehicles said in a sworn affidavit released by Ohio State on Tuesday that he didn't offer any special deals to Buckeyes players. "The deals that I did for Ohio State student-athletes were no ... (Source: Desert Sun 2011-06-01T21:36:43Z)

Dollar General's first-quarter profit up 15 percent

Dollar General Corp.'s first-quarter profit rose 15 percent as shoppers continued to head to its stores for bargains. The discount store operator based in Goodlettsville, Tenn., maintained its full-year adjusted earnings and revenue forecasts. Its adjusted ... (Source: Nashville Tennessean 2011-06-01T21:22:24Z)

S&P 500 Tumbles Most Since August as Economic Data Disappoints

Editors: Joanna Ossinger, Nick Baker To contact the reporter on this story: Rita Nazareth in New York at rnazareth@bloomberg.net To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net (Source: BusinessWeek 2011-06-01T21:08:05Z)

Ryan Leaf has benign tumor removed from brain stem

He had surgery a week later at Saint John's Health Center in Santa Monica, Calif., and was released Saturday. "I am looking forward to resting a bit and being with my family," Leaf said in the statement. "This was just another bridge for me to cross ... (Source: KING-5 2011-06-01T21:15:14Z)

In Lady Gaga's Album, Evidence of a New Order

That's especially true for an artist like Lady Gaga, who has lined up more branding and promotional deals in the last six months than ... which helped sales pass the million mark. The huge discount drew an angry reaction from brick-and-mortar retailers ... (Source: New York Times 2011-06-01T21:36:43Z)

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