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Deals of the Hour / June 8, 2011, 6:45 pm

A Gold Rush, Deep in a City's Sewers

Several times a month, men desperate for an income descend as far as 15 feet into the dark in search of gold bits that have been washed down the drain by craftsmen cleaning up after a day of etching and molding jewelry. With a flashlight in hand and a mask ... (Source: New York Times 2011-06-08T08:06:41Z)

Investigators focusing on tipster with 512 area code

Deputies went to the scene, but it was too dark for them to see inside, officials said. The woman called back around 11 a.m. Tuesday, and told deputies they missed the area where the bodies were located, officials said. The caller then provided a more ... (Source: Austin American-Statesman 2011-06-09T01:03:10Z)

Daughter testifies about abuse by father, and her mother's murder

Wearing a checked long-sleeved blouse and dark slacks, the girl turned in her witness chair so she would face directly at the Criminal Court jury and away from her father, capital murder defendant James Hawkins. "I would say stop and he would force me ... (Source: Memphis Commercial Appeal 2011-06-09T00:56:00Z)

A gold rush, deep in Baghdad's sewers

Several times a month, men desperate for an income descend as far as 15 feet into the dark in search of gold bits that have been washed down the drain by craftsmen cleaning up after a day of etching and molding jewelry. With a flashlight in hand and a mask ... (Source: Economic Times 2011-06-09T01:17:29Z)

Australia cuts special deal for asylum seekers sent to Malaysia

Sydney - The 800 asylum seekers deported from Australia under a swap deal with Malaysia would be treated better than the 90,000 already in the South-East Asian country, officials said Thursday. On release from six weeks in a purpose-built holding centre ... (Source: Monsters and Critics 2011-06-09T01:03:10Z)

WellPoint to buy CareMore Health Group for about $800 million

The deal, announced Wednesday, will give WellPoint a boost as it competes for a piece of the fast-growing elderly care market, said Ana Gupte, an analyst with New York research firm Sanford C. Bernstein. "They've purchased a company that has a strong ... (Source: Los Angeles Times 2011-06-09T01:03:10Z)

Brazil in fourth interest rate rise

The central bank on Wednesday evening boosted the benchmark Selic interest rate by 25 basis points to 12.25 per cent and maintained its strategy of a "prolonged" adjustment to deal with an inflation rate that has exceeded the upper limit of the ... (Source: Financial Times 2011-06-09T00:48:51Z)

Shania Twain lands Las Vegas residency

I'm going to go nuts creatively.' And she said that the deal marked another step in her recovery after her ex-husband left her for her assistant and she subsequently lost her voice. 'It's been a healing year,' said Twain, who married Frédéric Thiébaud in January. (Source: Monsters and Critics 2011-06-09T01:24:38Z)

NBA Agrees With Players' Union That Labor Discussions Are 'Very Far Apart'

"We're not any place close to a deal." The negotiations, which have totaled 13 hours of talks in both NBA Finals cities, will continue on June 14 in Miami if there is a Game 7 or in New York if the series has concluded. Another session also has been ... (Source: Bloomberg 2011-06-09T01:17:29Z)

Banking: Senate reins in debit card 'swipe fees'

Remember those dark days after the 2008 financial collapse, when Congress vowed it would get tough with the banks? Well, that resolve seems to be dwindling. A move to undo some of the reforms legislators were touting just months ago was barely stopped Wednesday. (Source: Los Angeles Times 2011-06-09T00:56:00Z)

Investors race to buy into Fusion-io IPO

The IPO priced at $19 a share, above its projected range of $16-$18 a share, according to a person familiar with the deal. That range was already upped from $13-$15 a share earlier this week. The swift take-up of shares in a money-losing technology company ... (Source: Financial Times 2011-06-09T01:03:10Z)

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