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, 6:49 pm

Violent Video Games Can Be Sold to Minors: Supreme Court

They do, however, tend to be the industry's biggest hits. Previous attempts to regulate the sale of violent games have been struck down by lower courts, but this was the first time a case had made it as far as the Supreme Court. Opponents say violent ... (Source: CNBC 2011-06-27T15:22:17Z)

Microsoft's Significant Upside Move: Does the Market Smell a Catalyst?

It's cheap. Using a discount rate of 9.6% (per Bloomberg) and a terminal multiple of 6x cash flow in year 10, the results show that FCF would have to actually decline approximately 1% for the next 10 years to justify MSFT's current valuation. (Source: Seekingalpha.com 2011-06-28T09:16:01Z)

Law forces out-of-state 'e-tailers' to collect sales tax

They've always felt it was unfair that customers could essentially get a discount for buying items tax-free online, while stores have to charge a sales tax. "Why should the brick and mortar person operate at a disadvantage when they're the ones who does ... (Source: KABC 2011-06-30T01:14:03Z)

Chris Drury and Rangers part ways as New York buys out final year of captain's contract

Drury will be given $3.333 million for the buyout that closes the five-year, $35.25 million deal he signed with the Rangers after leaving Buffalo as a free agent in 2007. The buyout will leave the Rangers with a salary cap hit of $3.717 million next season ... (Source: FOX News 2011-06-30T00:59:44Z)

Amid Bankruptcy, M.L.B. Is Said to Look Into Takeover of the Dodgers

McCourt has said he was forced to declare bankruptcy after Selig rejected a television rights deal between the Dodgers and Fox that was estimated to be worth as much as $3 billion. Bennett said appointing a trustee was rare in bankruptcy cases because ... (Source: New York Times 2011-06-30T01:14:03Z)

Confrontational Obama rebukes GOP on debt talks

In a blistering rebuke of Republicans, President Barack Obama on Wednesday pressed lawmakers to accept tax increases as part of a deal to cut the nation's deficits and avoid a crippling government default. "Let's get it done," Obama challenged, chiding ... (Source: Kansas City Star 2011-06-30T00:59:44Z)

Brown signs bill for online retailers to collect sales tax

They've always felt it was unfair customers could essentially get a discount for buying items tax free online, while stores have to charge a sales tax. "Why should the brick and mortar operate at a disadvantage when they're the ones that do the local ... (Source: KXTV News10Net 2011-06-30T01:06:53Z)

Obama challenges GOP on debt talks: 'Get it done'

"You stay here. Let's get it done," he all-but-lectured lawmakers, holding open the possibility of keeping Congress in Washington unless there is significant progress by week's end on a deal to cut deficits, raise the $14.3 trillion debt limit and avert a ... (Source: AZCentral.com 2011-06-30T01:42:41Z)

Greek financial woes far from over

At some point, they're going to have to face reality." Debt woes also plague Portugal, Spain and Italy, which are watching bankers to see how they deal with Greece. "A messy restructuring of Greek debt and the spillover effects to other economies would ... (Source: USA Today 2011-06-30T01:21:12Z)

Los Angeles Dodgers file for bankruptcy

NEW YORK (CNNMoney) -- The Los Angeles Dodgers filed for bankruptcy court protection early Monday, less than a week after Major League Baseball blocked the team from signing a new television deal to provide ... But a sale of the team out of bankruptcy ... (Source: CNN Money 2011-06-27T21:27:21Z)

Online retailers must start collecting sales taxes from California customers

"You can't give one segment of retail a 10% discount every day. It's just not fair," said Bill Dombrowski, president of the California Retailers Assn., a major player in a coalition of large and small stores supporting the legislation. California's new ... (Source: Los Angeles Times 2011-06-30T01:06:53Z)

Supreme Court Rejects Violent Video Game Law

WASHINGTON -- The Supreme Court on Monday refused to let California regulate the sale or rental of violent video games to children, saying governments do not have the power to "restrict the ideas to which children may be exposed" despite complaints about ... (Source: BayInsider 2011-06-27T15:22:17Z)

Editorial: Let parents control kids' video games

The U.S. Supreme Court was right to strike down a California law banning the sale of violent video games to minors. Some of these games are indeed stunningly harsh, but they are part of a wide range of expression protected under the First Amendment to the ... (Source: News-Press 2011-06-30T01:06:53Z)

On the move again: New York Islanders deal Ehrhoff to Buffalo Sabres for pick

UNIONDALE, N.Y. - Christian Ehrhoff's time with the New York Islanders was brief. The club dealt the pending unrestricted free agent defenceman's negotiating rights to the Buffalo Sabres on Wednesday, just a day after acquiring the German from the ... (Source: FOX News 2011-06-30T01:28:22Z)

Senators seek to raise Medicare age to 67

Coburn is a conservative Republican. But he challenged his party orthodoxy earlier this year when he said he was willing to include higher revenues as part of any deficit-reduction deal. The plan the two men outlined includes a gradual increase over the ... (Source: Tampa Bay Online 2011-06-30T01:28:22Z)

Conservatives Still Making a Big Deal Out of People Not Making a Big Deal Out of Alleged Terrorists' Religion

The Global War on Terror achieved another minor victory last week, when authorities arrested two men for allegedly plotting a violent attack on a Seattle military enlistment center. The DOJ press release identifies the men as "Abu Khalid Abdul-Latif, aka ... (Source: 411mania.com 2011-06-30T00:59:44Z)

Greece Approves Tough Measures on Economy

Ultimately, many economists say, the sovereign debt of Greece and some other countries will have to be restructured, with their creditors accepting a discount on the debts' face value. European officials have so far sought to avoid taking that step. (Source: New York Times 2011-06-30T01:06:53Z)

Islanders can't reach a deal for Ehrhoff

General manager Garth Snow took a risk in hopes of improving the Islanders before the start of free agency, but it did not work out. Less than 24 hours after acquiring the rights to Christian Ehrhoff, talks between the Islanders and the 28-year-old ... (Source: Newsday 2011-06-30T01:14:03Z)

Obama to Congress: Stay put, get to work

But he said a final deal will require the GOP to accede to the government taking in more money from taxpayers in some form or other. That proposition has become a major sticking point in the ongoing negotiations over whether to raise the government's ... (Source: Washington Times 2011-06-30T00:59:44Z)

Microsoft launches cloud version of Office

Microsoft steps into the spectrum space race Growth in sales of business software FT Tech Hub Microsoft handset deal looms Since many businesses are starting to look for the first time at moving applications to the internet, "I think they got the timing ... (Source: Financial Times 2011-06-27T21:20:12Z)

Microsoft inks Android patent deal with Velocity Micro -- sound familiar?

Agreement provides broad coverage of Microsoft's patent portfolio. REDMOND, Wash. - June 29, 2011 - Microsoft Corp. and Velocity Micro, Inc., have signed a patent agreement that provides broad coverage under Microsoft's patent portfolio for Velocity Micro ... (Source: engadget 2011-06-30T00:59:44Z)

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