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 / June 29, 2011, 4:44 am

Testimony centers on Caylee Anthony's remains

"I was quite angry," Lee Anthony testified. "It was the first time I heard anybody in my family offer up they were looking for a deceased Caylee." Casey's father, George Anthony, denied telling a volunteer helping search for Caylee that his granddaughter ... (Source: USA Today 2011-06-29T11:09:22Z)

Los Angeles Dodgers file for bankruptcy

"I see this heading towards litigation, and precedent is certainly not on McCourt's side." David Carter, executive director of the Sports Business Institute at the University of Southern California, said that McCourt has lost all support within both Major ... (Source: CNN Money 2011-06-27T21:27:21Z)

It's Casey Anthony's call on not testifying, judge reminds defense

"I was quite angry," Lee Anthony testified. "It was the first time I heard anybody in my family offer up they were looking for a deceased Caylee." Casey's father, George Anthony, denied telling a volunteer helping search for Caylee that his granddaughter ... (Source: Tampa Bay Online 2011-06-29T11:30:51Z)

AP Source: BofA nearing $8.5B deal on claims

Bank of America acquired Countrywide Financial Corp. in 2008. Should it stand, the proposed payout goes well beyond other settlement deals entered into by the bank to resolve mortgage buyback disputes. In January, the lender paid $2.6 billion as part of an ... (Source: AOL News 2011-06-29T11:30:51Z)

Israel Begins Dismantling Portion of West Bank Barrier

Nobel Peace Prize laureates Jimmy Carter and Desmond Tutu are among the notables who have participated. Naalin started similar marches three years ago. The Bilin protests, attended by villagers as well as Israeli and international activists, usually ... (Source: FOX News 2011-06-26T14:54:50Z)

Alan Rickman to Return to Broadway in 'Seminar'

"Seminar," a dark comedy, casts Mr. Rickman as Leonard, a legendary author who provides private instruction to four promising young writers. But, as a news release for the production says ominously, "as Leonard deems some students more promising than ... (Source: New York Times Blogs 2011-06-29T11:38:00Z)

GSV investment values Facebook at $70 billion

GSV did not disclose how it acquired the shares, but exchanges like SharesPost and its larger rival, SecondMarket, facilitate private deals between those who own stock in private ventures -- often early employees and investors -- and eligible buyers. (Source: CNN Money 2011-06-27T20:58:43Z)

$8.5 Billion Deal Near in Suit on Bank Mortgage Debt

The settlement would wipe out all of the company's earnings in the first half of this year, and it could also provide a template for deals with other big banks that face tens of billions in similar claims. "I think this is huge," said Michael Mayo ... (Source: Herald Tribune 2011-06-29T10:47:54Z)

Feds say healthy food sparse in Belleville

Though residents say they don't mind commuting to bigger chain stores that offer plenty of provisions, they point out it's those convenient one-stop-shops that drove away their options for fresh food around the corner. "We used to walk to get the things we ... (Source: St. Louis Post-Dispatch 2011-06-29T10:55:03Z)

Battle over Dodgers moves on in bankruptcy court

The league argued that its own financing offer was superior because it eliminated the $4.5 million exit fee, reduced the interest rate by 3 percent, did not require the team to encumber assets, and did not impose an artificial timeline for disposing of the ... (Source: KABC 2011-06-29T11:09:22Z)

New Missouri football broadcaster Howard Richards has colorful past

Richards had sent out tapes and resumes trying to get into broadcasting, but he never received an offer he liked. At the same time, he had been accepted into a sports marketing graduate program at Ohio University, but thought he could always come back to s ... (Source: Columbia Missourian 2011-06-29T10:55:03Z)

Dodgers Win Court Approval For $60 Million Bankruptcy Loan

The hearing in one of the courthouse's smallest courtrooms drew dozens of dark-suited attorneys, and kicked off with Judge Kevin Gross announcing: "Batter up." The teamed has blamed Major League Baseball for the bankruptcy by rejecting a television deal ... (Source: Post Chronicle 2011-06-29T10:40:44Z)

Emerging Economies Will Press Lagarde on IMF

She garnered endorsements from emerging economies such as India and Brazil as well as European Union countries and the U.S. "Lagarde had to send some signals, if not make some actual deals, with emerging market countries to be able to get in," Kevin ... (Source: Bloomberg 2011-06-29T10:55:03Z)

Facebook sells 225,000 shares to GSV Capital Corp. ahead of anticipated IPO

The investment fund did not say how large its stake in Facebook is, compared with the company's overall ownership, and did not offer clues to the Palo Alto, Calif.-based social network's overall valuation. Facebook officials were unavailable for comment ... (Source: Los Angeles Times 2011-06-27T22:53:15Z)

Real M&A: Brazil Set to Battle China in Africa With Copper Bid

Vale's 7.9 billion rand ($1.2 billion) offer already values Metorex at 30.2 times earnings before interest, taxes, depreciation and amortization, the richest diversified minerals takeover greater than $1 billion, the data show. Bids may reach 10 rand a ... (Source: Bloomberg 2011-06-29T10:47:54Z)

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