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 1, 2011, 10:42 pm

Ford Missing Targets Pressures Mulally to Fix Mishaps: Cars

"Improved quality has been essential to the revival of the Ford brand," said Jesse Toprak, an industry analyst at TrueCar.com, a Santa Monica, California, website that tracks auto-sales trends. "It's been very, very important when you look at the ... (Source: BusinessWeek 2011-06-02T04:31:54Z)

U.S. Reps. Sandy Adams and Bill Posey Guest columnists

It's unfortunate that our critics offer no solution of their own to save Medicare. Adams and Posey are Republican members of the U.S. House of Representatives for Florida Districts 24 and 15, respectively. The two districts include Brevard County. (Source: Florida Today 2011-06-02T05:07:41Z)

Obama, Paul Ryan clash in White House meeting on debt

Related House deals symbolic blow to raising debt ceiling House Republicans' budget plan defeated in the Senate White House: 'Weeks' until deal on debt limit Democrats have gained traction in the debate with Republicans by painting Ryan's Medicare proposal ... (Source: Los Angeles Times 2011-06-01T23:02:37Z)

Tuesday at the North Carolina General Assembly

MENTAL HEALTH: A bill directing North Carolina's local mental health treatment system to offer coverage through a managed-care model is heading to the House floor. The House Health and Human Services Committee voted in favor of expanding pilot projects ... (Source: RealClearPolitics 2011-06-02T05:22:00Z)

Baseball's investigation into Dodgers' finances could be nearing an end

At the same hearing, Jamie McCourt will ask Superior Court Judge Scott Gordon to order the immediate sale of the team. Fox does not plan to move forward with the television contract unless the company can be assured Jamie McCourt will not contest the deal in court. (Source: Los Angeles Times 2011-06-02T04:46:13Z)

Love's unveils mobile phone app and nationwide sweepstakes

"We are excited to offer 'Love's Connect' to our customers and give them a chance to win cash," Frankenfield said. Customers who do not have a smartphone can get special deal alerts via text message or email by signing up at www.loves.com. (Source: Daily Oklahoman 2011-06-02T05:00:32Z)

Commissioner's office aims for June 22 to finish inquiry into team's finances

At the same hearing, Jamie McCourt will ask Superior Court Judge Scott Gordon to order the immediate sale of the team. Fox does not plan to move forward with the television contract unless the company can be assured Jamie McCourt will not contest the deal in court. (Source: Los Angeles Times 2011-06-02T05:14:51Z)

Shortages cause U.S. auto sales to cool in May

Deals aren't likely to come back until the end of this summer, and some experts are advising people to delay their purchases if they can. "If you don't have to buy, wait until fall. If you lease a car, extend it," said Edmunds.com chief Jeremy Anwyl. (Source: Kansas City Star 2011-06-02T04:46:13Z)

Billy Donovan suggests seeding SEC Tournament by RPI

DESTIN – Billy Donovan didn't expect his idea to be popular with his peers. But the longest-tenured of SEC basketball coaches decided to offer his own suggestion for changes to the schedule and tournament. Discussion in meetings Tuesday focused on ... (Source: Orlando Sentinel 2011-06-01T21:15:14Z)

SIPC Forum, BDO Censured, UBS Probe, SEC's Scarboro: Compliance

Grupo Televisa SA (TLEVICPO) controls three cable operators that offer packages of TV, phone and Web service, and it shares a brand, Yoo, with Megacable Holdings SAB, the nation's largest cable carrier. Telmex filed a complaint in March with the ... (Source: Bloomberg 2011-06-02T04:53:22Z)

MLS: Chivas USA 1, Vancouver 1 (tie)

He received a direct red card for making a late and dangerous tackle. Nick LaBrocca scored for Chivas USA just moments after the break, but the lead lasted less than 2 minutes. Vancouver, which is in last place in the Western Conference slipped to 1-5-7. (Source: United Press International 2011-06-02T04:39:03Z)

SEC NOTEBOOK: Mississippi State may get to keep its cow bells

"That all changed when I learned the symbolism and tradition of it. "This past season when I buried one of my players (defensive end Nick Bell, who died of cancer), his mom stood over his coffin and rang her cowbell as they closed the coffin. It gave me a ... (Source: Memphis Commercial Appeal 2011-06-02T05:07:41Z)

STUDY: PRACTICALITY, HONESTY SAVED WICHITA FROM HIGH FORECLOSURE NUMBERS

We tend to pay our bills. A promise made means something." But there are hardships, said Brenda Noffert, a short-sale specialist at Realty World, hardships that don't involve overbuying a home. Owners can sell homes for less than they owe — a short sale ... (Source: Wichita Eagle 2011-06-02T05:07:41Z)

Finley: Mackinac talks focus on fixing Bing's office

That's the kind of help Bing needs. While they're at it, these concerned business executives should offer to assess whether the mayor's office is working as well as it could to give Bing the best chance for success. (Source: Detroit News 2011-06-02T05:22:00Z)

AP Source: McCourt makes Dodgers payroll

The McCourts are embroiled in a nasty divorce where she recently asked Superior Court Judge Scott Gordon to order the sale of the team. Gordon has ruled that a postnuptial marital agreement signed by the former couple, which gave Frank McCourt sole ... (Source: Yahoo Finance 2011-06-02T04:39:03Z)

Deals of the Hour / June 1, 2011, 8:49 pm

Planhacker: Which "Unlimited" Prepaid Plan Offers The Best Deal?

As with any mobile phone deal, you need to know your own usage habits before signing up. If you're not a heavy phone user, then going for one of these deals might actually mean you spend more money than a more conventional pay-as-you-go plan, or one with ... (Source: Lifehacker 2011-06-02T02:44:31Z)

Yankees pick up 10th win in row vs. A's in sweep

OAKLAND (AP) — Once Nick Swisher (FSY) got the signs down, he delivered the big hit that helped the New York Yankees complete a three-game sweep. Swisher hit a three-run homer after mistakenly thinking he was supposed to bunt to help A.J. Burnett (FSY ... (Source: USA Today 2011-06-02T03:27:28Z)

Mavericks' Dirk Nowitzki isn't concerned about finger injury

The Mavericks refuse to make a big issue of it. "At this point, you have to kind of deal with the hand that's dealt to you," Mavericks Coach Rick Carlisle said. "I think he'll be OK. But right now we have to keep playing." (Source: Los Angeles Times 2011-06-02T02:58:50Z)

Bats do just enough to beat Chiefs 2-1

Nick Christiani got his second call in as many nights to close the door in the ninth, and he also got into a jam. Blanco beat out a bunt to lead off and moved up on Antonelli's sacrifice. Christiani walked Tug Hulett but got Marrero to fly out and Valdez ... (Source: Courier-Journal 2011-06-02T03:34:38Z)

James's Detractors Bracing To Hear Him Laugh Last

"The local media and fans were very resentful," Kennedy said of the deal. "Listen, I grew up in Boston as a Red Sox and Celtics fan, and the irony of the partnership was not lost on us. But this was an opportunity to partner with one of the most ... (Source: New York Times 2011-06-02T02:58:50Z)

Mental health programs suffering from budget cuts

Though many Reno officers are trained to deal with the mentally ill, in hope of avoiding brawls and steering them to services, O'Bryan launched a cop-counselor team in 2009 that had proved successful in other cities. The Mobile Outreach Safety Team ... (Source: Los Angeles Times 2011-06-02T02:58:50Z)

Nifty seen lower; Inflation data eyed

According to sources the deal is worth about $400 million. Maruti Suzuki after the country's top car maker said vehicle sales in May rose 1.9 percent despite increase in interest rates. Shares in Maruti closed 1.6 per cent higher at 1248 rupees on NSE. (Source: Economic Times 2011-06-02T03:27:28Z)

Antonelli's 4 Hits Not Enough in Chiefs' 2-1 Loss

Tug Hulett then drew a walk to put two runners on base, but Chris Marrero flied out to right field and Jesus Valdez grounded out to shortstop against Bats reliever Nick Christiani. Syracuse and Louisville finish their four-game series Thursday night at 7:05. (Source: OurSports Central 2011-06-02T03:06:00Z)

Josh Groban, Rick Rubin take different route on 'Illuminations'

"He wanted me to make a personal, beautiful-sounding record, and bring the element of live recording into it." Working with Rubin, whom Groban describes as a purist, was a long and difficult process as Rubin insisted they make a classical-sounding record ... (Source: KTLA.com 2011-06-02T03:27:28Z)

'The Hunger Games' Trilogy May Become Four Films

A representative for the studio confirms that they "have a deal that encompasses four [4] movies for 'The Hunger Games'." The expansion rumor prompts speculation that "The Hunger Games" may take a similar route of J.K. Rowling's "Harry Potter and the ... (Source: AceShowbiz 2011-06-02T03:13:09Z)

Deal in works to increase SUNY tuition 5 percent

If the deal is reached in the final 10 days of the legislative session, most of the 64 campuses would see a 5 percent increase as early as the fall semester. University centers in Buffalo and Stony Brook have already requested an additional 3 percent ... (Source: Democrat and Chronicle 2011-06-02T02:44:31Z)

Deals of the Hour / June 1, 2011, 6:47 pm

Heat defense leaving imprint on NBA

Stern has seen how great the Heat have been for ratings and websites. He understands that in this era, when fans care more about what numbers a player can post for their fantasy teams, wearing the same NBA jersey for an entire career isn't as important. (Source: ESPN.com 2011-06-01T18:52:04Z)

NHL Commissioner Bettman expects 2012 realignment

Quebec City, which lost the Nordiques to Colorado in 1995, recently agreed to a deal with Peladeau to pay for the construction of a $400-million arena fit for hosting an NHL team by 2015. "I am not going to raise expectations," Bettman said. (Source: Washington Times 2011-06-02T01:18:37Z)

Gary Bettman expects 2012 realignment of league

Quebec City, which lost the Nordiques to Colorado in 1995, recently agreed to a deal with Peladeau to pay for the construction of a $400-million arena fit for hosting an NHL team by 2015. "I am not going to raise expectations," Bettman said. "I'm well ... (Source: Morris County Daily Record 2011-06-02T01:25:47Z)

Mitt Romney is ready to run a very different presidential campaign

Today, "Romney's got four more years of being pro-life, and four more years of campaigning under his belt," said Richard Land, a prominent social conservative, who doesn't see religion as a "deal killer." But Romney's role in forging a Massachusetts ... (Source: Los Angeles Times 2011-06-02T01:11:28Z)

Mumbai terror trial in Chicago winding down

They claim he implicated Rana in the plot because he was motivated by the possibility of making a deal with prosecutors. Headley's cooperation means he avoids the death penalty and extradition. (Source: Salon 2011-06-02T01:18:37Z)

Will Romney Be Able to Dodge Healthcare Flip-Flopper Label?

Then "the party ran away. And that's what Romney is trying to deal with there." [Check out political cartoons about the 2012 GOP field.] Romney will face trouble in Iowa, where social conservatives and evangelicals aren't likely to forgive his support of ... (Source: US News and World Report 2011-06-01T17:47:39Z)

Mavs need Nowitzki to be better than good ... or else

Dallas isn't a one-man team. That's never been the Mavericks' deal this season. But on a roster full of players who have been great -- Kidd is a Hall of Famer, Marion and Terry have scored more than 15,000 career points, and Stojakovic finished fourth in ... (Source: CBS Sports 2011-06-02T01:04:18Z)

Sony Explains PSN Downtime Before Approaching Restoration

It's certainly got the spin tactics down. "Starting soon, the PlayStation Network will be inaccessible for several hours for maintenance," according to Sony's Nick Caplin. "The server maintenance performed at this time represents a crucial step ... (Source: Geeky gadgets 2011-06-02T01:18:37Z)

Love's unveils mobile phone app and nationwide sweepstakes

"The new app deepens connections with our customers, allowing for customized deal alerts and the opportunity to leave instant feedback about their experience inside our stores." Love's announced it will give away $12,000 in cash in a nationwide sweepstake (Source: Daily Oklahoman 2011-06-02T00:57:09Z)

Nebraska Football: Questions About Green, Pelini Mark Busy Week for Cornhuskers

But Nebraska fans will have to deal with the specter of Pelini's departure after the season all year. And they will have to deal with questions about quarterback throughout the summer, and likely until Nebraska's first real test in Madison on October 01. (Source: Bleacherreport.com 2011-06-02T01:32:56Z)

President Obama, House Republicans meet on debt ceiling

A testy White House meeting between President Obama and House Republican leaders Wednesday failed to lower the partisan pitch in the capital, much less make progress toward a deal on the federal debt ceiling. Instead, the two sides traded complaints ... (Source: Los Angeles Times 2011-06-02T00:49:59Z)

Liverpool on the hunt for Henderson

Sunderland manager Steve Bruce has put a price of £20 million on the homegrown product and it is expected that a deal will be done shortly after Henderson's commitments at this month's Under-21 international tournament in Denmark have concluded. (Source: ESPN Soccernet 2011-06-02T01:11:28Z)

Mavericks Are Relying on Nowitzki to Keep Playing Through the Pain

"At this point, you have to kind of deal with the hand that's dealt to you," Carlisle said. Or, in this case, the finger that is hurt. Billy Hunter, the players union executive director, said that he was hopeful that the league and the players could ... (Source: New York Times 2011-06-02T01:11:28Z)

Lenovo offers to buy out Germany's Medion for $671 million

Brachmann will keep an 18% holding. Medion jumped as much as 20% in Frankfurt trading. The deal will help the maker of Thinkpad laptops surpass Apple in PC sales in western Europe, as Lenovo steps up expansion outside China to win market share from Hewlett ... (Source: Economic Times 2011-06-02T01:32:56Z)

Deals of the Hour / June 1, 2011, 4:46 pm

Spurrier proposes new way to pay athletes

Phillips said the idea was well received by the coaches, but he wasn't ready to sign off on it because it wasn't a standard deal. The importance of the proposal, Phillips said, is that it should stir the debate about helping student-athletes financially. (Source: ESPN.com 2011-06-01T23:16:56Z)

Stocks to Watch: Dollar General, Daktronics and More

BankUnited Inc. is nearing an agreement to buy New York-based Herald National Bank , Bloomberg News reported Tuesday, citing a person with direct knowledge of the matter. A deal might be announced as soon as this week, the person said. (Source: Wall Street Journal 2011-06-01T12:54:10Z)

Lenovo buys German computer seller Medion for $900 million

The acquisition, Lenovo's biggest since its purchase of IBM's PC business six years ago, comes four months after Lenovo signed a joint venture deal with NEC Corp to sell ... it started cooperating with German discount retail chain Aldi almost two decades ... (Source: Reuters 2011-06-01T13:01:19Z)

Casey Anthony Trial: Taped Conversation Shows Casey Anthony Building Elaborate Lie

The only time Anthony showed any emotion while listening to the tape was when she described Caylee's "very distinctive features…dark hazel eyes…she has a birth mark on her left shoulder…it's just like a small line, it almost looks like a small beauty mark." (Source: ABC News 2011-06-01T23:24:05Z)

Miramax reaches deal to put its films on Hulu

Miramax announced a similar deal ... offer any recently made movies from big Hollywood studios as Netflix does, although its collection of television shows is more extensive. Miramax, meanwhile, is pursuing a range of non-exclusive digital distribution ... (Source: Los Angeles Times 2011-06-01T23:16:56Z)

Spurrier, others propose paying football players

Steve brought a proposal in that opened up some dialogue. ... Just us having a dialogue was important. It wasn't a real standard deal, so I wasn't willing to put my name on anything that wasn't set in stone." Miles signed it without hesitation, saying it's ... (Source: Times and Democrat 2011-06-01T23:16:56Z)

Steve Spurrier has payment idea

Steve brought a proposal in that opened up some dialogue. ... Just us having a dialogue was important. It wasn't a real standard deal, so I wasn't willing to put my name on anything that wasn't set in stone." Miles signed it without hesitation, saying it's ... (Source: ESPN.com 2011-06-01T23:16:56Z)

In Their Own Words? Maybe

Hilary Duff released her first novel, "Elixir," last year. Lauren Conrad, the blond reality starlet, just landed a deal with HarperCollins to write a trilogy about a scheming, backstabbing Hollywood princess named Madison. Nicole Polizzi, otherwise ... (Source: New York Times 2011-06-01T23:24:05Z)

Explosions and street fighting grip Yemen capital

Global powers have been pressing Saleh to sign a Gulf-led deal to end his three-decade rule and stem spreading chaos in unstable Yemen, a haven for al Qaeda militants and neighbor to the world's biggest oil exporter, Saudi Arabia. Kuwait, a member of the ... (Source: NEXT 2011-06-01T23:24:05Z)

Lenovo Offers to Acquire Medion in Biggest Purchase Since IBM

J Sainsbury, Aldi Medion, based in Essen, Germany, supplies home- entertainment equipment and PCs to retailers including Aldi, Europe's biggest discount ... in the official offer document, he said. Van Duijl said he expects the deal to close in early ... (Source: BusinessWeek 2011-06-01T12:54:10Z)

Plea deal talks break down in Ind. school shooting

WISH-TV and The Indianapolis Star quote defense attorney Steven Litz as saying he proposed a plea deal for 16-year-old Michael Phelps of Martinsville, but prosecutors rejected it. Litz didn't disclose the proposed terms. Phelps is charged as an adult with ... (Source: St. Louis Post-Dispatch 2011-06-01T23:09:46Z)

Hulu to offer Miramax films to its subscribers

LOS ANGELES (AP) -- Hulu said Wednesday that it will offer hundreds of Miramax films ... rival Netflix has been spending heavily on deals to add more movies and TV shows to its streaming. With the Hulu deal, Hulu Plus subscribers will have access to ... (Source: Yahoo Finance 2011-06-01T12:04:03Z)

UPDATE 2-Vimpelcom Q1 profit rises 55 pct, beats forecasts

We hope to capitalise on that," he added. Izosimov said last month he would hand over the reins as CEO to Chairman Jo Lunder having led the company's disputed $6 billion deal to buy overseas telecoms businesses owned by the Egyptian tycoon Naguib Sawiris. (Source: Reuters 2011-06-01T11:56:54Z)

Miramax brings ad-free films to Hulu Plus

Miramax and Hulu have signed a multiyear deal that will see some of the studio's top films come to the streaming-video service. Starting today, Hulu Plus subscribers will have access to hundreds of ad-free Miramax films. Many of the titles will be ... (Source: CNET News 2011-06-01T13:29:57Z)

KKR Is King of the (Shale) World!

KKR took a $400 million capital commitment in the Eagle Ford shale in Texas into a $1.13 billion windfall, based on the valuation of the Marathon Oil deal. Kevin Kingsbury of Dow Jones Newswires writes: "KKR is showing why it's become a famed investor ... (Source: Wall Street Journal 2011-06-01T13:01:19Z)

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)

Deals of the Hour / June 1, 2011, 12:44 pm

AirTran Airways Partners With Expedia Affiliate Network to Enhance Travel Offering

"AirTran is thrilled to partner with Expedia Affiliate Network to offer more exciting vacation options through AirTranVacations," said Tad Hutcheson , AirTran Vice President of Marketing and Sales. To celebrate the launch, AirTranVacations is offering a 10 ... (Source: StreetInsider.com 2011-06-01T19:35:01Z)

Exclusive: Groupon Books Travel Plans Through Expedia Partnership

Groupon is partnering with Expedia to create a new discount travel service that will let ... the two will leverage their combined sales forces to find travel deals across the U.S. Initially, it will offer discounts on hotels and expand to other segments ... (Source: All Things Digital 2011-06-01T19:06:23Z)

WHO reports cell phones could cause cancer, Expedia partners with Groupon

Expedia has partnered with Groupon to create a discount travel site that will offer half-price hotel rooms, car rentals and airfare. Called " Groupon Getaways with Expedia ," the service will email daily coupons a la Groupon -- the only difference will be ... (Source: TechFlash 2011-06-01T19:13:33Z)

Schneider to Bid for Telvent in Purchase Valued at $2 Billion

In connection with the transaction, Abengoa SA has agreed to tender its 40 percent stake to Schneider in the offer. Schneider said in its own statement that the purchase will add to earnings per share in the first year, excluding implementation costs. (Source: BusinessWeek 2011-06-01T05:58:59Z)

Severe T-Storm Watch, Warning in D.C. Area

The National Weather Service issued a severe thunderstorm watch for the D.C. area until 10 p.m. Wednesday. For central Talbot County, Md., including the city of Easton, a severe thunderstorm warning is in effect until 4 p.m. Just after 3 p.m., radar ... (Source: NBC Washington 2011-06-01T19:13:33Z)

Petrino questions Ohio State player's Sugar Bowl eligibility

who not only was among the suspended but also is the subject of another investigation regarding car deals and other benefits . Pryor was named the Sugar Bowl's Most Outstanding Player after passing for 221 yards and two touchdowns and rushing for another 115 yards. (Source: Collegebaseball.rivals.com 2011-06-01T19:13:33Z)

Blatter set for re-election after FIFA storm

FIFA's sponsorship deals have helped to raise hundreds of millions of dollars for the organisation since Blatter took over in 1998, making FIFA the richest sports body on the planet with cash reserves of more than $1 billion. "The current allegations being ... (Source: YAHOO! 2011-06-01T07:39:12Z)

Daktronics, Juniper Networks, Supervalu: U.S. Equity Movers

(SGS US) surged 37 percent, the most in the Russell 2000, to $4.17. The provider of technical support and business outsourcing services received a nonbinding offer from Trillium Capital LLC for $4.65 a share in cash. Trillium said it would also assume $200 ... (Source: BusinessWeek 2011-06-01T18:52:04Z)

UPDATE 2-Lenovo buys Germany's Medion in developed markets push

It will also make a conditional offer to all existing shareholders. The news pushed Medion's shares 19 percent higher in Frankfurt, but Lenovo shares fell more than 3 percent as some investors questioned the rationale for the purchase. "Lenovo probably ... (Source: Reuters 2011-06-01T08:50:47Z)

Travelzoo Getaways Delivers 28,000 Room Nights for 40 Upscale Resorts

Travelzoo Getaways uses the same booking mechanism as Travelzoo Local Deals, where Travelzoo subscribers purchase ... Spa in Vermont , Timberline Lodge in Oregon , Vintners Inn in Santa Rosa , Portola Hotel & Spa in Monterey Bay, Ravella at Lake Las ... (Source: StreetInsider.com 2011-06-01T19:27:52Z)

Teen arrested on suspicion of ordering dog attack

Sheriff's officials say the teen is being held in juvenile hall on suspicion of assault with a deadly weapon after Monday's incident outside a Ukiah home, the Santa Rosa Press Democrat reports. Authorities say the animal control officer went to the ... (Source: Riverside Press Enterprise 2011-06-01T19:06:23Z)

WRAPUP 2-Soccer-Blatter set for re-election, FIFA woes deepen

That is unlikely to happen. Since Blatter became president, the governing body has grown rich thanks to its ability to generate billions of dollars from television rights to major tournaments as well as sponsorship deals with large corporations. (Source: Reuters 2011-06-01T07:39:12Z)

Groupon and Expedia Partner to Launch Travel Deals Site

Groupon Getaways with Expedia will offer consumers ... package deals, airline tickets, car rentals, cruises and destination activities. The deals will follow the proven Groupon model, in which customers have a limited time to buy a discount voucher good ... (Source: Yahoo Finance 2011-06-01T19:06:23Z)

Deals of the Hour / June 1, 2011, 10:43 am

Republicans ask Obama to step in, lay out spending cuts

"Unfortunately what we did not hear from the president is a specific plan of his to deal with the debt crisis," Rep. Jeb Hensarling, R-Texas, told reporters outside the White House. Twenty yards away, the full House Republican Conference was filing out of ... (Source: Washington Examiner 2011-06-01T17:11:51Z)

Alpha Bid For Massey Goes To A Vote Per Court

The latest obstacle in Alpha Natural Resources (ANR) bid to acquire Massey Energy (MEE) has been cleared, and an investor vote on the deal is expected to happen today. Late yesterday, a Delaware court rejected a petition by Massey shareholders to block a ... (Source: Forbes 2011-06-01T17:26:10Z)

Afghan civil unrest threatening peace effort

Minorities already worry that President Hamid Karzai, a Pashtun, will make too many concessions to their Taliban enemies to shore up his Pashtun base and craft a peace deal to end the war. Whatever support for peace talks that Karzai has won from minority ... (Source: St. Louis Post-Dispatch 2011-06-01T17:04:42Z)

Give Dad the Father's Day He Deserves with Cool and Innovative Smartphones and Tablets from Sprint

3 The Sprint Simply Everything Plan offers more value and simplicity than most other wireless carriers because it is the only plan from a national carrier to offer truly unlimited service while on the Sprint network for every phone without the worry of ... (Source: StreetInsider.com 2011-06-01T17:11:51Z)

Construction spending rose in April

Spending on state and local projects fell 1.9 percent to $252.8 billion. Activity at this level is at the lowest point since December 2006. State and local governments have been cutting back on building projects as they deal with large budget deficits. (Source: Fox11online.com 2011-06-01T17:04:42Z)

Among 'Snakebitten Six' no team has had worse luck than Twins

it's hard to imagine Frank McCourt swinging big deals since he is struggling just to meet bi-weekly payroll. If the Dodgers are limited to keeping one, the guess here is that they'd have a better chance with Kemp. Colletti did do a multiyear deal with Kemp ... (Source: CNN Sports Illustrated 2011-06-01T17:11:51Z)

Twins want Mauer back - at catcher

"Joe's a catcher; he's coming back as a catcher," Gardenhire said. "He signed as a catcher; he signed an eight-year deal to catch in the big leagues for the Minnesota Twins. So we're trying to get him back as a catcher." When will that be? No one seems to know. (Source: Pioneer Press 2011-06-01T17:19:01Z)

LightSquared near $2 billion a year Sprint deal: sources

NEW YORK (Reuters) - Sprint Nextel Corp is close to completing a $2 billion-a-year network sharing agreement with hedge fund billionaire Phil Falcone's LightSquared telecommunications venture, sources familiar with the matter said on Wednesday. Under the ... (Source: Baltimore Sun 2011-06-01T16:57:32Z)

Belarus appeals to IMF for $8bln rescue loan

Prime Minister Mikhail Myasnikovich said the country is counting on striking a low-interest loan deal of anywhere between $3.5 billion and $8 billion. Analysts say at least $9 billion is needed to get the economy back on track. "This is an SOS signal from ... (Source: St. Louis Post-Dispatch 2011-06-01T17:04:42Z)

Arctic Cat Launches E-Commerce Website for U.S. Market

Home page for Arctic Cat's online store. (Photo: Arctic Cat) "We are excited to offer consumers the speed and convenience of our new online store, which will provide access to Arctic Cat's products and product information at any time," said Mary ... (Source: StreetInsider.com 2011-06-01T17:11:51Z)

Polycom to buy HP videoconferencing unit for $89 million

In recent quarters, Polycom has collaborated with companies like Microsoft (NasdaqGS: MSFT - News ) and IBM (NYSE: IBM - News ) to offer products that fuse video ... LOGN.VX - News ). The deal with HP will allow Polycom to expand its services into the ... (Source: Yahoo Finance 2011-06-01T16:57:32Z)

Deals of the Hour / June 1, 2011, 8:41 am

Construction spending rose 0.4% in April

Spending on state and local projects fell 1.9 percent to $252.8 billion. Activity at this level is at the lowest point since December 2006. State and local governments have been cutting back on building projects as they deal with large budget deficits. (Source: Detroit News 2011-06-01T15:17:20Z)

Hulu to offer Miramax films to its subscribers

LOS ANGELES -- Hulu said Wednesday that it will offer hundreds of Miramax films to some of its subscribers and select films through its ad-supported service as part of a multiyear deal between the two companies. Financial terms were not disclosed. (Source: San Jose Mercury News 2011-06-01T15:24:29Z)

Looking for the causes of summertime blues

However, Dr. Alfred Lewy, a professor of psychiatry at Oregon Health and Science University, who has studied seasonal disorders for 30 years, says it is possible that there are two distinct types of summer depression: one linked to the light-dark cycle and ... (Source: Baltimore Sun 2011-06-01T15:03:01Z)

Duhamel honored for charity work

Duhamel was the guest of honor at the Red Cross Red Tie Affair in Santa Monica, California on 21 May (11) and he was awarded the special Crystal Cross prize. He tells FOX411.com, "I had never been honored in that kind of way. I was like, 'Really? (Source: WXYZ 2011-06-01T15:17:20Z)

Melatonin may be key to summer depression

The melatonin essentially "tricks" a person's body into thinking that the timing of the dark cycle has shifted, which shifts the body clock, says Lewy. But the time of day that melatonin is taken is critical to getting the correct therapeutic effect ... (Source: Orlando Sentinel 2011-06-01T15:03:01Z)

Zambrano smash! Cubs 'Big Z' breaks bat over knee

Zambrano couldn't understand what the big deal was, either: Zambrano invited the media to watch him lift weights to prove his legs can take it. Informed that Quade didn't like the move, Zambrano simply shrugged. "That's OK," he said. "If he doesn't like it ... (Source: YAHOO! 2011-06-01T15:10:10Z)

Mavs Come Up Short in Game 1

As if losing the opener of the NBA finals wasn't bad enough for the Dallas Mavericks, now they have to deal with an injured Dirk Nowitzki. It' s only a torn tendon on the middle finger of his left hand , his non-shooting hand. And he can protect it with a splint. (Source: NBC Dallas-Fort Worth 2011-06-01T15:10:10Z)

France's futuristic "Pentagon" to open in 2014

Under the deal, a novelty for this type of project in France ... A public body, France's deposit and consignment office, retained blocking rights for any potential sale, he added. Aside from Bouygues, engineering group Thales, services firm Sodexo ... (Source: Reuters 2011-06-01T14:55:51Z)

Donald Trump: Sarah Palin would 'love to get me back' in presidential race

Related Sarah Palin's bus tour steals spotlight from GOP presidential candidates Palin may be testing the limits of Fox deal on her bus tour Sarah Palin's bus tour rolls on to Philadelphia This morning, Trump said "hi" back. As in "Hi, America. Did you miss me?" (Source: Los Angeles Times 2011-06-01T15:03:01Z)

Construction spending rose slightly in April

Spending on state and local projects fell 1.9 percent to $252.8 billion. Activity at this level is at the lowest point since December 2006. State and local governments have been cutting back on building projects as they deal with large budget deficits. (Source: St. Louis Post-Dispatch 2011-06-01T15:03:01Z)

Rosie Huntington-Whiteley Won't Turn to The Dark Side!

ROSIE Huntington-Whiteley will never turn to the "dark side". The 24-year-old model-turned-actress — who is dating actor Jason Statham — is confident she won't go off the rails and crack under the pressures of fame because she is not a "party girl". (Source: Showbizspy.com 2011-06-01T15:10:10Z)

Brighten Dad's day with a breakfast full of special treats

Whether you plan a no-holds-barred feast or a simpler start, here are a few fun finds to turn Dad's first meal of the day into his best meal of the day: - If Pops is a crossword fanatic, serve his favorite dark roast in a mug adorned with the father of all ... (Source: Sacramento Bee 2011-06-01T15:03:01Z)

Hulu to show Miramax films under multi-year pact

No financial terms of the agreement were disclosed. Earlier this month, Miramax signed a similar deal with movie rental service Netflix Inc. Miramax, which was a unit of Walt Disney until late last year, was sold to a consortium that included construction ... (Source: KTLA.com 2011-06-01T15:17:20Z)

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