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 5, 2011, 8:43 am

Governor wants waiver to rein in Medicare costs

The paper also showed that small in-home facilities, which originated as a way to help family members, had grown into full-fledged businesses marketed for sale – along with their residents – to buyers as investments. • SSB 5445 , which authorizes the ... (Source: Olympian 2011-06-05T15:12:35Z)

Palmer's Fourth Failed IPO Bid Shows Hong Kong Not Swayed by Resourcehouse

Palmer, who ran full-page color ads in Hong Kong's English- and Chinese-language papers for the share sale, stressed his connections when marketing the IPO of the company that he stood to draw A$1.1 billion ($1.2 billion) in payments from in the three ... (Source: Bloomberg 2011-06-05T14:15:19Z)

13 hurt when wind lifts bounce houses

"And it's the last game, it's a chance to tell you coaches how great they were, to tell your kids how great they played. It's a beautiful day, and it just got destroyed." (Source: United Press International 2011-06-05T14:08:09Z)

Detroit Human Services Department has history of serving itself ahead of needy residents

A Detroit agency under investigation for buying furniture with more than $200,000 intended to help low-income people has a long track record of mismanaging tax dollars, hiring incompetent staff and keeping superiors in the dark about misspending ... (Source: Asheville Citizen-Times 2011-06-05T14:15:19Z)

Palmer's IPO Failures Show Hong Kong Prefers Profit To Promise

Talk of Relationship Palmer, who ran full-page color ads in Hong Kong's English- and Chinese-language papers for the share sale, stressed his connections when marketing the IPO of the company that he stood to draw A$1.1 billion ($1.2 billion) in payments ... (Source: BusinessWeek 2011-06-05T14:15:19Z)

Egyptian Shares Climb After Capital Gains Tax Clarified; Gulf Stocks Drop

"The negative effect we saw last week from the capital gains tax announcement was very short-lived because the market is still trading at a discount and small investors now see that their trading profits will not be affected," said Ashraf ... (Source: Bloomberg 2011-06-05T13:46:41Z)

Roche, Bristol-Myers Melanoma Treatments Lead to Longer Lives

If cleared for sale, vemurafenib -- from Basel, Switzerland-based Roche, and Daiichi, of Tokyo -- would compete with Bristol-Myers Squibb Co.'s Yervoy, approved in March. Yervoy may reach $1.5 billion in sales by 2015 while vemurafenib may generate $796 ... (Source: BusinessWeek 2011-06-05T15:19:44Z)

Japan's Naoto Kan Likely To Step Down

Since an election last year, Japan's government has been dealing with a twisted parliament, in which the opposition parties control the upper house while the ruling DPJ controls the lower house. (Source: myfoxny.com 2011-06-05T14:29:38Z)

Groupon's less-than-clear finances raise red flags for investors

The three men "will therefore have significant influence over management ... (and) all matters requiring stockholder approval," such as mergers or the sale of Groupon, for the foreseeable future, the filing said. The three co-founders have been able to ... (Source: Democrat and Chronicle 2011-06-05T13:46:41Z)

Politico vs. CNN: Two stunningly different MSM accounts of Palin's tour

"In the end, Sarah Palin made nice with what she likes to call the 'lame-stream' media," Hamby wrote. "Reporters were kept in the dark about Palin's whereabouts during her 'One Nation' bus tour and were forced to depend on sources or tips ... (Source: YAHOO! 2011-06-05T15:12:35Z)

Japan asks workers to dress cool to save energy

Prime Minister Naoto Kan wore a traditional dark suit in parliament as he faced opposition lawmakers calling for his resignation. Opposition leader Sadakazu Tanigaki also wore a suit, though to be fair, it was an unusually chilly day for June. (Source: USA Today 2011-06-05T15:26:54Z)

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