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Deals of the Hour / October 10, 2010, 12:41 pm

Report: PNC to suspend foreclosed home sales

PNC Financial Services group has become the latest large bank to suspend sales of foreclosed homes for 30 days, the New York Times reported Friday, citing a title insurer that received the memo from the bank. PNC spokesman Frederick Solomon declined ... (Source: Birmingham Business Journal 2010-10-08T18:38:28Z)

AmeriCredit shareholders approve acquisition by GM

AmeriCredit Corp. shareholders have approved the company's $3.5 billion sale to General Motors Co., the auto financing company said Wednesday. The deal is expected to close on Friday. Votes were reported at a shareholder meeting Wednesday at AmeriCredit ... (Source: AP - msnbc.com 2010-09-29T16:11:40Z)

NKorea's heir apparent Kim Jong Un appears with father at lavish parade signaling succession

PYONGYANG , North Korea (AP) — Clapping, waving and even cracking a smile, Kim Jong Il 's heir apparent joined his father Sunday at a massive military parade in his most public appearance since being unveiled as North Korea's next leader. Kim Jong Un ... (Source: Chicago Tribune 2010-10-10T12:38:11Z)

TVA invites input over future plans

HUNTSVILLE - Officials with the Tennessee Valley Authority are inviting comments from north Alabama residents on its plans for meeting customers' electricity needs for the next 20 years. Residents can attend a meeting in Huntsville on Thursday ... (Source: Times Daily 2010-10-10T14:54:11Z)

S. Korea wary of power succession in North

WASHINGTON — The United States and South Korea should be prepared for a crisis in North Korea when dictator Kim Jong Il leaves his post, South Korea's defense chief said yesterday. The expected transfer of power to Kim's youngest son could have ... (Source: Boston Globe 2010-10-09T06:19:59Z)

TVA adding wind energy in deal with Kansas farm

KNOXVILLE, Tenn. (AP) -- The Tennessee Valley Authority has agreed to buy wind-generated power from a planned 111-turbine operation in Kansas, on top of earlier announced contracts for Midwest wind to possibly power hundreds of thousands of homes. TVA has ... (Source: Yahoo Finance 2010-10-08T15:18:02Z)

GM and UAW make deal on building small cars in U.S.

ORION TOWNSHIP, Mich. • General Motors and the United Auto Workers have reached a cost-cutting deal that could help accomplish what once seemed impossible: making a profit on small cars built in the United States. The deal, announced Thursday, could cut ... (Source: St. Louis Post-Dispatch 2010-10-08T05:02:26Z)

Jacksonville GOP fundraiser sues Crist - again

TALLAHASSEE — A one-time supporter of Gov. Charlie Crist is accusing the governor of skirting the state's open records law to hide information about his switch from Republican Party to independent candidate for U.S. Senate. John Rood, a Republican fund ... (Source: Florida Times-Union 2010-10-07T22:14:24Z)

Should All Banks Freeze Foreclosures?

California's attorney general is asking that all mortgage lenders temporarily stop efforts to take back homes from borrowers until the companies can prove they are complying with state and federal laws. Jerry Brown called on all lenders to follow Bank of ... (Source: KPHO 2010-10-09T02:30:55Z)

Satellite image shows activity at North Korea's Yongbyon nuclear site

North Korea continues to keep the experts guessing. Last week, it promoted the third son of its current leader, Kim Jong Il, prompting speculation that he is on track to succeed his father. And now, apparently, it has commissioned construction activity at ... (Source: Washington Post 2010-10-05T00:12:30Z)

Bruins sign F Patrice Bergeron to 3-year extension

BOSTON — The Boston Bruins have signed Patrice Bergeron to a 3-year contract extension. The team announced Friday that the deal will keep the 25-year-old forward in Boston through the 2013-14 season. A second-round draft pick in 2003, Bergeron has 99 ... (Source: Sporting News 2010-10-08T15:53:50Z)

South Korean defense chief warns of repercussions from upcoming power change in North Korea

WASHINGTON (AP) — The United States and South Korea should be prepared for a crisis in North Korea when dictator Kim Jong Il leaves power, South Korea's defense chief said Friday. The expected transfer of power to Kim's youngest son could have ... (Source: Hartford Courant 2010-10-09T00:14:55Z)

Opponent waited too long to raise election issues, Norman's attorney contends

Certainly, it was well known among newspaper readers that Norman's wife paid $435,000 cash in 2006 for a lakefront home, and Norman's critics alleged the deal posed conflicts of interest for the Hillsborough County commissioner. Kevin Ambler, a state ... (Source: St. Petersburg Times 2010-10-06T13:33:02Z)

Bruins sign Patrice Bergeron to three-year extension

The team announced Friday that the deal will keep the 25-year-old forward in Boston through the 2013-14 season. MORE NHL: Full coverage from opening day A second-round draft pick in 2003, Bergeron has 99 goals and 181 assists in 376 regular-season games ... (Source: USA Today 2010-10-08T14:20:46Z)

TVA Launches New Renewable Power Initiative, Continues Generation Partners Growth

KNOXVILLE, Tenn. , Oct. 8 /PRNewswire-USNewswire/ --The Tennessee Valley Authority has added another source to its growing renewable power portfolio with the announcement Friday of a new TVA initiative for mid-size renewable generators. (Logo:  http ... (Source: Earthtimes 2010-10-08T16:36:47Z)

Bruins sign Bergeron to three-year extension

BOSTON (AP) -- The Boston Bruins have signed Patrice Bergeron to a 3-year contract extension. The team announced Friday that the deal will keep the 25-year-old forward in Boston through the 2013-14 season. A second-round draft pick in 2003, Bergeron has 99 ... (Source: CNN Sports Illustrated 2010-10-08T15:03:43Z)

Man guilty of killing Tallahassee woman

TALLAHASSEE, Fla. — A Florida Panhandle man has been convicted of killing a Tallahassee woman during an apparent drug deal. A Leon County jury found 35-year-old William Yawn guilty Friday of first-degree murder, burglary and armed robbery. His sentencing ... (Source: Palm Beach Interactive 2010-10-08T21:51:45Z)

Ursa Resources Group Strikes Bakken Shale Farmout Deal

Ursa Resources Group LLC ("Ursa"), an oil and gas exploration and production company focused on the Bakken and Three Forks formations of the Williston Basin, announces that it has entered into an agreement with an undisclosed buyer to develop ... (Source: PR Inside 2010-10-06T12:14:18Z)

North Korea's Kim, heir apparent son appear on live TV

Pyongyang, North Korea — North Korean leader Kim Jong Il and his son, heir apparent Kim Jong Un, appeared together a massive military parade Sunday held amid celebrations marking the foundation of the country's ruling party. State television in a rare ... (Source: Detroit News 2010-10-10T17:45:59Z)

Record Number of Rigs in ND Oil Patch

BISMARCK, N.D. (AP) _ A record number of rigs are drilling in North Dakota's oil patch. The state Department of Mineral Resources on Friday said that 154 rigs were drilling in western North Dakota. That breaks the record 148 rigs set in October 1981 ... (Source: msnbc.com 2010-10-08T19:14:16Z)

GM, UAW agree on wage deal

ORION TOWNSHIP, Mich. — General Motors and the United Auto Workers have reached a cost-cutting deal that could help accomplish what once seemed impossible: making a profit on small cars built in the United States. The deal, announced Thursday, could cut ... (Source: Denver Post 2010-10-08T06:56:58Z)

Auto sales increase compared to last year

U.S. auto sales were up in September compared with last year, when the end of Cash for Clunkers caused sales to drop off. U.S. sales at General Motors Co., the largest U.S. automaker, climbed 11 percent from a year earlier to 173,155, the Detroit-based ... (Source: Houston Chronicle 2010-10-02T05:31:01Z)

Upcoming power shift has neighbors worried

WASHINGTON - The United States and South Korea should be prepared for a crisis in North Korea when dictator Kim Jong Il leaves power, South Korea's defense chief said Friday. The expected transfer of power to Kim's youngest son could have unpredictable ... (Source: Athens Banner-Herald 2010-10-09T05:22:43Z)

GM, union agree to cost-cutting deal for new small-car plant

ORION TOWNSHIP, Mich. - General Motors and the United Auto Workers have reached a cost-cutting deal that could help accomplish what once seemed impossible: Making a profit on small cars built in the United States. The deal, announced Thursday, could cut in ... (Source: AZCentral.com 2010-10-08T02:17:47Z)

North Korea's Kim Il Sung Appoints His Son as New Leader as Nuclear Threat is Made

For those who have their reservations about western democracy, take a look at contemporary North Korea. The leader, Kim Jong Il, has just appointed his son - Kim Jong Un - to be the next leader of the one-party country. Belatedly letting North Korea's 23 ... (Source: Associated Content 2010-10-10T17:03:02Z)

It's official: ND oil rig count breaks record set in 1981

BISMARCK, N.D. (AP) - A record number of rigs are drilling in North Dakota's oil patch. The state Department of Mineral Resources on Friday said that 154 rigs were drilling in western North Dakota. That breaks the record 148 rigs set in October 1981 ... (Source: Bismarck Tribune 2010-10-08T16:29:37Z)

Sale of Fort Worth-based AmeriCredit to GM gets OK

AmeriCredit Corp. shareholders have approved the company's $3.5 billion sale to General Motors Co., the auto financing company said Wednesday. The deal is expected to close Friday. Detroit-based GM agreed to acquire Fort Worth-based AmeriCredit in June to ... (Source: Dallas Morning News 2010-09-30T14:51:44Z)

U.S. Set To Restart Talks With North Korea

WASHINGTON—The Obama administration is expecting to resume bilateral talks with North Korea by January, according to senior U.S. officials, as dictator Kim Jong Il consolidates his family's hold on power. Washington's optimism, said these officials, is ... (Source: Wall Street Journal 2010-10-08T19:28:35Z)

NKorea forging ahead with uranium weapons work: study

WASHINGTON (AFP) – North Korea is forging ahead with work to enrich uranium for nuclear weapons, which could add to its atomic arsenal and raise the risk it will sell nuclear know-how abroad, a study said Friday. The report published by the Institute for ... (Source: YAHOO! 2010-10-09T09:04:37Z)

Banks urged to halt foreclosures in wake of probe; PNC won't confirm

PNC Financial Services Group has become the latest large bank to suspend sales of foreclosed homes for 30 days, the New York Times reported Friday, citing a title insurer that received the memo from the bank. PNC spokesman Frederick Solomon declined ... (Source: Business Courier 2010-10-08T18:52:47Z)

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