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 29, 2010, 7:41 pm

Federal authorities get telephone recording linked to Lance Armstrong case

Federal prosecutors have obtained a telephone conversation secretly recorded six years ago by three-time Tour de France champion Greg LeMond in which he and a woman close to Lance Armstrong discuss her being present in 1996 when others say Armstrong told ... (Source: Los Angeles Times 2010-09-16T05:21:22Z)

JetBlue CEO: No deal to compete with Southwest

JetBlue's CEO says his airline doesn't need to combine with another carrier to compete with Southwest. In an internal memo obtained Tuesday by The Associated Press, CEO Dave Barger said growing too fast through an acquisition could jeopardize JetBlue ... (Source: AP - msnbc.com 2010-09-29T00:05:18Z)

Deal news Tuesday helps stocks recover from early losses

NEW YORK — Stocks ended higher Tuesday as more deal news helps investors brush off a drop in consumer confidence. A big jump in earnings from Walgreen Co. and another corporate acquisition brought enough confidence to investors to extend a four-week ... (Source: Pioneer Press 2010-09-29T02:28:28Z)

Hevesi Said to Be Close to a Guilty Plea

Former New York state comptroller Alan Hevesi is close to a deal to plead guilty in an ongoing probe of corruption in the state's public pension fund, people familiar with the matter said. A deal, which the people said would likely be for a felony charge ... (Source: Wall Street Journal 2010-09-29T02:49:56Z)

Column: Slow post-recession job growth signals economic realignment

The slow and uneven job growth combined with shockingly fast productivity growth eerily signal that much of our economy has gone through a structural change. This week the National Bureau of Economic Research's Business Cycle Dating Committee called the ... (Source: Daily Journal 2010-09-30T00:47:03Z)

Hevesi backer agrees to NY attorney general deal

ALBANY -- A state official says New York Attorney General Andrew Cuomo is expected to announce that he has secured a civil agreement with a former fundraiser for ex-Comptroller Alan Hevesi in a probe of the pay-to-play scandal at the massive state pension ... (Source: WRGB 2010-09-16T15:36:58Z)

Stocks: Deal news helps market recover from early losses

NEW YORK — Stocks are ending higher as more deal news helps investors brush off a drop in consumer confidence. A big jump in earnings from Walgreen Co. and another corporate acquisition brought enough confidence to investors to extend a four-week rally ... (Source: Tulsa World 2010-09-28T20:37:42Z)

Floyd Landis: I knew I'd be doubted

MELBOURNE, Australia -- Disgraced cyclist Floyd Landis says he waited almost four years to reveal his doping because he knew once he'd admitted lying, he would not be believed about the widespread use of performance enhancing drugs in the sport. After ... (Source: ESPN.com 2010-09-28T11:33:40Z)

NFL looking into Packer's confrontation with Bears fan

The NFL is investigating a confrontation between Green Bay Packers safety Nick Collins and a fan after Monday night's loss to the Bears at Chicago's Soldier Field. Spokesman Greg Aiello told the Associated Press the league is "in the process of reviewing ... (Source: Philadelphia Daily News 2010-09-29T07:00:28Z)

LI man pleads guilty in pot smuggling ring

A Long Island man has pleaded guilty in federal court in New Hampshire to conspiracy to sell thousands of pounds of marijuana in a $6 million pot smuggling ring that operated between Canada and the United States. Arash Rahbar faces up to life in prison ... (Source: Long Island Business News 2010-09-29T13:34:11Z)

NFL: League probes Packer's confrontation with fan

The NFL is investigating a confrontation between Green Bay safety Nick Collins and a fan after the Packers lost to the Bears on Monday night at Chicago's Soldier Field. Spokesman Greg Aiello said the league is "in the process of reviewing all the facts ... (Source: Philadelphia Daily News 2010-09-29T07:57:44Z)

Deal news helps stocks recover from early losses

Stocks are ending higher as more deal news helps investors brush off a drop in consumer confidence. A big jump in earnings from Walgreen Co. and another corporate acquisition brought enough confidence to investors to extend a four-week rally in the market ... (Source: AP - msnbc.com 2010-09-28T20:16:14Z)

Latecomers rush to join Wall St's rally

NEW YORK (Reuters) - The Dow (DJI: ^DJI - News ) and the S&P 500 edged up on Tuesday as corporate deal news and earnings expectations continued to fuel investor optimism. Wall Street had opened lower after weak data on the state of consumer and the housing ... (Source: Yahoo Finance 2010-09-28T20:09:04Z)

JetBlue CEO says no deal to compete with Southwest

NEW YORK — JetBlue's CEO says his airline doesn't need to combine with another carrier to compete with Southwest. In an internal memo obtained Tuesday by The Associated Press, CEO Dave Barger said growing too fast through an acquisition could ... (Source: Lubbock Avalanche-Journal 2010-09-29T05:41:44Z)

Proposed Carmelo Anthony deal hits roadblock

A possible four-team trade that would send Nuggets All-Star forward Carmelo Anthony to the New Jersey Nets has stalled over the weekend, according to multiple reports. Yahoo! Sports is reporting that Anthony has become less enthusiastic about signing a ... (Source: Sporting News 2010-09-26T18:31:14Z)

Packers safety Nick Collins confronts fan at Bears game

Milwaukee -- The NFL is investigating a confrontation between Packers safety Nick Collins and a fan after Monday's loss to the Bears at Soldier Field. NFL representative Greg Aiello told The Associated Press league officials are "in the process of ... (Source: Detroit News 2010-09-29T16:18:49Z)

North Carolina's two largest electric utilities, Duke Energy, Progress Energy, buy power from poop ...

BOONVILLE — North Carolina's two largest electric utilities are lining up green power from methane gas that has long gone to waste. The Charlotte Observer reported today that Duke Energy is testing a generating system at a 9,000-head hog farm in ... (Source: Asheville Citizen-Times 2010-09-28T13:56:50Z)

Long Island Man Pleads Guilty in NH to Pot Smuggling Ring

A Long Island man is facing life imprisonment after he pleaded guilty in federal court in New Hampshire to conspiracy to sell thousands of pounds of marijuana in a $6 million pot smuggling ring. Arash Rahbar, 29, regularly received 100 pounds of marijuana ... (Source: LongIslandPress 2010-09-29T13:55:39Z)

Duke Energy executive discusses divesting, nuclear power

Duke Energy expects to make a decision in the next two months about whether to divest its Midwest electric generating plants as part of a required rate filing with the Public Utilities Commission of Ohio (PUCO), the head of the company's regulated ... (Source: Cincinnati.com 2010-09-28T18:36:01Z)

Hevesi plea deal nears

ALBANY -- Alan G. Hevesi , the former New York state comptroller, is poised to plead guilty to a felony corruption charge after a lengthy investigation into his office's rewarding of pension investment business to firms that provided financial benefits to ... (Source: Times Union 2010-09-29T04:01:31Z)

Halftime: Gains In Citi Send Wrong Signal?

However, in the wake of Citi's move higher, optimistic chatter has surfaced suggesting gains in Citi could finally light a fire under the beleaguered financials, broadly. If Citi triggers a rally in the XLF I'd add to shorts in the financials as a whole ... (Source: CNBC 2010-09-29T17:16:05Z)

Recession forces deep, long-term changes in lifestyle

The nation's financial crisis is altering Americans ' way of life from the home and the workplace to the highway and the altar, according to 2009 Census data released Tuesday. Median household income — the level where half make more and half make less ... (Source: USA Today 2010-09-29T02:49:56Z)

New data offers proof: The recession hurts

Stop us if you've heard this before: Household income is down. Poverty levels are up. People who still have jobs are working fewer hours. Census data released Tuesday confirmed what most Americans already knew. "It is very clear how extensive the economic ... (Source: Houston Chronicle 2010-09-29T11:39:39Z)

Carmelo Anthony Trade Loses New Jersey Nets Involvement

A Carmelo Anthony trade will no longer involve the New Jersey Nets. As the Denver Nuggets talked about a trade for Anthony with other teams, they left the New Jersey Nets, These Carmelo Anthony trade talks have been going on for what seems like a full ... (Source: Associated Content 2010-09-29T16:04:30Z)

JetBlue: No deal to compete with Southwest

JetBlue 's CEO says his airline doesn't need to combine with another carrier to compete with Southwest. In an internal memo obtained Tuesday by The Associated Press, CEO Dave Barger said growing too fast through an acquisition could jeopardize JetBlue ... (Source: Long Island Business News 2010-09-29T19:17:47Z)

Floyd Landis says he waited too long to own up to doping

M ELBOURNE, Australia — Disgraced cyclist Floyd Landis says he waited almost four years to reveal his doping because he knew once he'd admitted lying, he would not be believed about the widespread use of performance enhancing drugs in the sport. After ... (Source: Boston Herald 2010-09-28T16:34:19Z)

Carmelo Anthony happy to be a Nugget

DENVER -- Carmelo Anthony said he loves being with the Denver Nuggets and is happy to go through the season with free agency a real possibility next summer. The Nuggets forward, who has been the subject of trade talk for months, said after the second day ... (Source: ESPN.com 2010-09-30T00:32:44Z)

Man pleads guilty in NH in pot smuggling ring

CONCORD, N.H. (AP) — A Long Island man has pleaded guilty in federal court in New Hampshire to conspiracy to sell thousands of pounds of marijuana in a $6 million pot smuggling ring that operated between Canada and the United States. Arash Rahbar faces ... (Source: Fosters Daily Democrat 2010-09-29T07:14:47Z)

Wall Street Inches up on Deal News but Data Weighs

NEW YORK (Reuters) - The Dow .DJI> and the S&P 500 edged up on Tuesday as corporate deal news and earnings expectations continued to fuel investor optimism. Wall Street had opened lower after weak data on the state of consumer and the housing sector, but ... (Source: ABC News 2010-09-28T20:09:04Z)

NC utilities buy power from poop, landfills

BOONVILLE, N.C. (AP) -- North Carolina's two largest electric utilities are lining up green power from methane gas that has long gone to waste. Duke Energy is testing a generating system at a 9,000-head hog farm in Boonville, about 70 miles north of ... (Source: msnbc.com 2010-09-28T13:13:53Z)

Blog Archive