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 / September 27, 2010, 5:42 am

IOC official says financial deal with USOC heralds 'new era' in relations

LONDON (AP) -- The resolution of a key financial dispute heralds the "start of a new era" in relations between the U.S. and international Olympic committees and should help rebuild the American body's global standing, a senior IOC member said Friday. The U ... (Source: Associated Press 2010-09-09T23:59:12Z)

Wal-Mart seeks a foothold in Africa

Wal-Mart Stores Inc. is offering to buy South African retailer Massmart Holdings Ltd. for approximately $4.25 billion. A deal would give the world's largest retailer an opening to expand in Africa, a fast-growing region. "South Africa possesses attractive ... (Source: AP - msnbc.com 2010-09-27T12:03:30Z)

RPT-UPDATE 1-Russia eyes commercial gas deal with China next yr

BEIJING, Sept 27 (Reuters) - A visit by Russian President Dmitry Medvedev to Beijing has not brought a deal on gas pricing with China, the vital element that would allow the world's top gas exporter to sell to the fast-growing Chinese market. "We are still ... (Source: Reuters India 2010-09-27T05:58:25Z)

Nets still waiting on Nuggets' answer

EAST RUTHERFORD, N.J. (AP) -- The New Jersey Nets' attempt to acquire Carmelo Anthony is in a holding pattern. A person close to the trade talks told The Associated Press on Sunday that the Nets are waiting for the Nuggets to sign off on a deal that would ... (Source: NBA 2010-09-27T10:59:04Z)

USOC board gets look at task force recommendations for safe training environment

COLORADO SPRINGS, Colo. (AP) — The U.S. Olympic Committee passed a resolution Saturday to take a leadership role in promoting safe training environments for Olympic athletes. The board of directors approved the measure at its quarterly meeting after ... (Source: Chicago Tribune 2010-09-25T22:57:16Z)

Freed American plans medical visit in Oman after bail deal cut with Iran

MUSCAT, Oman - American Sarah Shourd planned a medical exam Wednesday for the first appraisal of her health after more than 13 months in an Iranian prison, said Omani officials after the country's rulers mediated a deal for $500,000 bail to win her release ... (Source: Minneapolis Star Tribune 2010-09-15T14:05:06Z)

Freed American resting in Oman after bail deal

MUSCAT, Oman (AP) American Sarah Shourd rested Wednesday in Oman's capital on her first full day of freedom following a surprise bail deal with Iran that secured her release after more than 13 months in custody. U.S. and Omani officials said it was unclear ... (Source: msnbc.com 2010-09-15T16:13:57Z)

Southwest Airlines to buy AirTran for about $1.4 billion, will enter smaller US markets

DALLAS (AP) — Southwest Airlines is buying AirTran for about $1.4 billion as it seeks entry into a number of smaller markets. The announcement comes about a week after Continental Airlines and UAL Corp. combined amid an industrywide consolidation. The ... (Source: Fort Lauderdale Sun-Sentinel 2010-09-27T12:17:49Z)

Romanian govt in uproar amid protests over austerity measures; interior minister resigns

BUCHAREST, ROMANIA — The Romanian government was in an uproar Monday over austerity protests — the interior minister resigned, the opposition demanded the prime minister go as well and top police officials held emergency talks with the president. The ... (Source: Washington Examiner 2010-09-27T11:27:42Z)

Nets GM Billy King still waiting to make deal for Nuggets' Carmelo Anthony

EAST RUTHERFORD, N.J. (AP) — The only thing standing in the way of Carmelo Anthony becoming a member of the New Jersey Nets is the Denver Nuggets. A person close to the trade talks told The Associated Press on Sunday that the Nets are waiting for the ... (Source: Morris County Daily Record 2010-09-27T12:10:39Z)

Wall Street set to climb on news of deals

Stock futures edged higher Monday after the latest batch of corporate dealmaking. With no new economic reports to be released Monday, investors turned their attention to individual companies for insight into the health of the economy. Consumer products ... (Source: AP - msnbc.com 2010-09-27T11:56:20Z)

Nets GM Billy King still waiting to make a deal

The New Jersey Nets' attempt to acquire Carmelo Anthony is in a holding pattern.A person close to the trade talks told The Associated Press on Sunday that the Nets are waiting for the Nuggets to sign off on a deal that would bring Anthony to New Jersey and ... (Source: msnbc.com 2010-09-27T09:40:20Z)

UPDATE: Southwest to buy AirTran for $1.4B

Southwest Airlines will buy AirTran for about $1.4 billion, the company said Monday, allowing it to expand in some key smaller U.S. markets it doesn't already serve. The announcement comes as Continental Airlines and United Airlines parent UAL Corp. form a ... (Source: Herald Tribune 2010-09-27T12:32:08Z)

RIM CEO Goes On Epic Rant To Explain How BlackBerry Will Survive Apple And Android Attack

The first question during RIM's earnings call today was from RBC analyst Mike Abramsky, who basically asked RIM co-CEO Jim Balsillie how the BlackBerry is going to keep up with the likes of Apple and Google , who have beat RIM in design and high-end phone ... (Source: Yahoo Finance 2010-09-16T23:07:57Z)

In new calm, USOC can attack pressing issues

COLORADO SPRINGS -- Congressional intervention after a scandal involving both the volunteer and salaried leaders of the U.S. Olympic Committee led to a complete reorganization of the USOC's governance in 2003 and 2004. An internecine power struggle last ... (Source: Chicago Tribune (blog) 2010-09-26T01:41:55Z)

Honore: Disaster readiness improved since Katrina

MEMPHIS, Tenn. (AP) - Cities and states have improved their disaster readiness since the Sept. 11 attacks and Hurricane Katrina, but authorities must keep stressing emergency preparedness to reduce complacency among the general public, retired Army Lt. Gen ... (Source: WMC-TV 2010-09-25T20:34:06Z)

Romania needs to borrow $7.9 billion in 2011, will sign new IMF deal in 2011

BUCHAREST , Romania (AP) — Romania needs to borrow almost euro6 billions ($7.9 billion) next year to cover its budget deficit and plans to sign a new deal with the International Monetary Fund in 2011 to shore up the ailing economy, the president said. On ... (Source: Los Angeles Times 2010-09-22T10:43:31Z)

Google's Android OS surging past iPhone, BlackBerry, Windows

SAN JOSE, Calif. — By the end of 2010, Google's Android smartphone operating system will in a single year have leapfrogged competing mobile systems such as Apple's iPhone, Research in Motion's BlackBerry and Microsoft Windows phones in global popularity ... (Source: Denver Post 2010-09-13T06:57:58Z)

AirTran deal could open small markets to Southwest

NEW YORK — Southwest Airlines will buy AirTran for about $1.4 billion, the company said Monday, allowing it to expand in some key smaller U.S. markets it doesn't already serve. The announcement comes as Continental Airlines and United Airlines parent UAL ... (Source: Houston Chronicle 2010-09-27T12:24:58Z)

Honore speaks to emergency responders in Memphis

MEMPHIS, Tenn. (AP) - Retired Army Lt. Gen. Russell Honore says lessons about emergency preparedness should be taught in school classrooms to start instructing people at an early age about how to deal with storms, earthquakes and other disasters. Honore ... (Source: WAAY-TV 2010-09-24T20:49:36Z)

American woman freed by Iran after bail deal

TEHRAN, Iran (AP) — In just a few dizzying hours, American Sarah Shourd exchanged a cell in Tehran's Evin Prison for a private jet crossing the Persian Gulf on Tuesday, after an apparent diplomatic deal to cover a $500,000 bail and secure a release that ... (Source: Times Union 2010-09-15T03:56:39Z)

Wal-Mart offers to buy Massmart for $4.25B

BENTONVILLE, Ark. -- Wal-Mart Stores Inc. is offering to buy South African retailer Massmart Holdings Ltd. for approximately $4.25 billion. A deal would give the world's largest retailer an opening to expand in Africa, a fast-growing region. Shares of ... (Source: Forbes 2010-09-27T12:10:39Z)

Honore stresses emergency preparedness in Memphis, where threat of earthquake looms

MEMPHIS, Tenn. (AP) — Retired Army Lt. Gen. Russell Honore says lessons about emergency preparedness should be taught in school classrooms to start instructing people at an early age about how to deal with storms, earthquakes and other disasters. Honore ... (Source: WHNT-TV 2010-09-24T20:42:27Z)

Basketball Capsules: Nets GM Billy King still waiting to make a deal

EAST RUTHERFORD, N.J. (AP) — The New Jersey Nets' attempt to acquire Carmelo Anthony is in a holding pattern. A person close to the trade talks told The Associated Press on Sunday that the Nets are waiting for the Nuggets to sign off on a deal that would ... (Source: Brownsville Herald 2010-09-27T04:03:53Z)

Kentucky changing identity of basketball team

LEXINGTON, Ky. (AP) - University of Kentucky basketball coach John Calipari sees his team's image changing for the 2010-11 season. Calipari says freshman forward Terrence Jones, who's recovering from a rib injury, has returned to workouts in a limited ... (Source: 14 WFIE 2010-09-26T21:51:40Z)

Beveridge Discusses China-Russia Energy Deals, Prices: Video

Sept. 27 (Bloomberg) -- Neil Beveridge, an analyst at Sanford C. Bernstein & Co. in Hong Kong, talks about energy cooperation between China and Russia. Russian President Dmitry Medvedev is on a three-day visit to China to diversify trade between the two ... (Source: Yahoo Finance 2010-09-27T01:26:24Z)

Apple Threatens Search Giants' Mobile Ad Shares

Apple ( AAPL ) may be gaining share in the U.S. mobile advertising market this year at the expense of Google ( GOOG ) and Microsoft ( MSFT ) Apple will end the year with 21 percent of the market, according to estimates provided to Businessweek.com by ... (Source: BusinessWeek 2010-09-27T03:28:06Z)

Calipari confident Enes Kanter will play for Wildcats

LOUISVILLE (AP) — Kentucky coach John Calipari believes that freshman center Enes Kanter is an amateur and that Turkish club officials have "four million reasons" why they want him to return to Europe. The NCAA is reviewing Kanter's status, though ... (Source: USA Today 2010-09-24T21:39:43Z)

Romanian govt in uproar amid austerity protests

The Romanian government is in an uproar — the interior minister has resigned, the opposition is demanding that the prime minister join him and top police officials are holding emergency talks with the president. The chaos on Monday reflects the latest ... (Source: AP - msnbc.com 2010-09-27T10:16:07Z)

2nd UPDATE: China, Russia Sign Energy, Economic Cooperation Pacts

(Adds China-Russia nuclear deal, natural gas contract, power project deal, bank deal, Daqing pipeline ceremony and FAW Group truck deal, China statement on yuan and rouble.) BEIJING (Dow Jones)--China and Russia signed a string of economic and political ... (Source: Wall Street Journal 2010-09-27T10:51:55Z)

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