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Deals of the Hour / October 15, 2010, 8:39 pm

FOREX-US dollar falls after Bernanke; Aussie hits parity

NEW YORK, Oct 15 (Reuters) - The U.S. dollar hit its lowest in more than eight months against the euro on Friday, while the Australian dollar surged above parity versus the greenback after Federal Reserve Chairman Ben Bernanke reinforced expectations of ... (Source: Inside Fidelity 2010-10-15T14:05:19Z)

It's official: Another year, another trillion dollar deficit

The Obama administration is set to report Friday that the federal budget deficit exceeded $1 trillion for the second straight year, providing critics of government spending with fresh ammunition ahead of the midterm congressional elections. The ... (Source: American Thinker 2010-10-15T14:55:25Z)

Liverpool Sale to Red Sox Owner Finalized

The battle for ownership of Liverpool F. C. ended Friday with the sale of the club to New England Sports Ventures, the owners of the Boston Red Sox , for about $480 million. The consummation of the deal came after the outgoing owners Tom Hicks and George ... (Source: New York Times 2010-10-15T20:31:52Z)

4 miners trapped in Ecuadorean gold mine after tunnel collapses; rescue efforts under way

QUITO, Ecuador (AP) — A tunnel collapsed in a gold mine in southern Ecuador on Friday, trapping four miners 490 feet (150 meters) underground. Authorities said rescue efforts were under way. A miner who survived the cave-in told authorities that four of ... (Source: Daily Press 2010-10-15T22:19:14Z)

Boost Mobile Intros Monthly Unlimited with Shrinkage Offering

Wireless carrier Boost Mobile has just announced officially the launch of a new plan for its users, namely Monthly Unlimited with Shrinkage, an option that does not require for customers to commit to a contract agreement with the company. Through the new ... (Source: Softpedia 2010-10-15T12:53:44Z)

Report: AOL considers buying Yahoo

The Associated Press reports: "After snubbing a $47.5 billion buyout offer from the much larger Microsoft Corp. in 2008, Yahoo this time may find itself being courted by a smaller rival with its own problems, AOL Inc." Read more at seattlepi.com ... (Source: Seattle Post Intelligencer 2010-10-14T20:04:25Z)

Sprint to reward Boost customer loyalty with lower fees

Sprint Nextel Corp. plans to offer permanent price cuts to its no-contract Boost Mobile customers who stick around, hoping to cut down its customer churn rate. Boost's Monthly Unlimited with Shrinkage offer will allow customers to drive their regular $50 ... (Source: Kansas City Star 2010-10-14T05:23:57Z)

Government to report on $1 trillion-plus deficit

The Obama administration is set to report Friday that the federal budget deficit exceeded $1 trillion for the second straight year, providing critics of government spending with fresh ammunition ahead of the midterm congressional elections. The ... (Source: AP - msnbc.com 2010-10-15T18:08:42Z)

Six of 33 Trapped Miners Rescued in Chile

SAN JOSE MINE, Chile -- After 69 days trapped in a collapsed mine, 33 Chilean miners are being pulled back to the surface one-by-one in an escape capsule, as family members and countrymen cheer on their arrival. Six men were pulled out in the first six ... (Source: FOX News 2010-10-13T09:42:50Z)

Rescued miners OK in hospital, preparing for onslaught of attention as Chile impresses world

SAN JOSE MINE, Chile - Chile's 33 rescued miners posed with the president and were poked by doctors on Thursday, itching to reunite with families and sleep in their own beds for the first time since a cave-in nearly killed them on Aug. 5. Relatives were ... (Source: Minneapolis Star Tribune 2010-10-14T20:33:03Z)

Yahoo Said to Work With Goldman to Fend Off Takeover Approaches

Oct. 14 (Bloomberg) -- Yahoo! Inc., which spurned an unsolicited offer from Microsoft Corp. in 2008, is working with Goldman Sachs Group Inc. to help defend against possible takeover approaches, said three people familiar with the matter. While the ... (Source: BusinessWeek 2010-10-14T05:02:28Z)

Boost Mobile to lower bills for staying onboard

Pre-paid monthly provider Boost Mobile on Thursday announced it will offer a unique Monthly Unlimited with Shrinkage plan. Customers who make their payments on time on a regular basis will get their monthly bills reduced from $50 (basic phones) or $60 ... (Source: Electronista 2010-10-14T14:35:08Z)

Seventh of 33 men rescued from Chilean mine

To hugs, cheers and tears, rescuers using a missile-like escape capsule began pulling 33 men one by one to fresh air and freedom at last early Wednesday, 69 days after they were trapped in a collapsed mine a half-mile underground. Seven men were pulled out ... (Source: AP - msnbc.com 2010-10-13T09:28:31Z)

Yahoo Said to Work With Goldman on Takeover Overtures

(Updates with today's trading in third paragraph.) Oct. 14 (Bloomberg) -- Yahoo! Inc., which spurned an unsolicited offer from Microsoft Corp. in 2008, is working with Goldman Sachs Group Inc. to help defend against possible takeover approaches, said ... (Source: BusinessWeek 2010-10-14T13:45:01Z)

Liverpool completes sale to New England Sports Ventures

L ONDON — Liverpool says the club has been sold to the owners of the Boston Red Sox [ team stats ] . The 300 million pound ($476 million) takeover by New England Sports Ventures was completed Friday after a bitter court fight with the club's previous ... (Source: Boston Herald 2010-10-15T15:59:51Z)

As Chile celebrates, mine's future in question

Chileans reveled Thursday in the stunning glory and jubilation of a record-setting mine rescue. As the celebration fades, however, several key questions await resolution. Officials at the copper and gold mine whose collapse trapped the 33 men for more than ... (Source: AP - msnbc.com 2010-10-14T10:38:54Z)

Chile miners do not disclose ordeal details

The first three rescued Chilean miners out of the hospital celebrated their new lives as national heroes Friday, as word emerged that the 33 want to closely guard their story so they can fairly divide the spoils of their media stardom. That could explain ... (Source: AP - msnbc.com 2010-10-15T18:23:01Z)

Ecuador: 4 Miners Trapped After Tunnel Collapses, LT

QUITO, Ecuador (AP) A tunnel collapsed in a gold mine in southern Ecuador on Friday, trapping four miners 490 feet (150 meters) underground. Authorities said rescue efforts were under way. A miner who survived the cave-in told authorities that four of his ... (Source: WSLS.com 2010-10-16T03:05:34Z)

Chile miners quiet on ordeal details

The first three rescued Chilean miners out of the hospital celebrated their new lives as national heroes today, as word emerged that the 33 want to closely guard their story so they can fairly divide the spoils of their media stardom. That could explain ... (Source: Detroit Free Press 2010-10-15T23:37:58Z)

Brazil's Bovespa hits year high on liquidity hopes

SAO PAULO, Oct 15 (Reuters) - Brazil's benchmark Bovespa stock index hit a new high for the year on Friday as U.S. Federal Reserve Chairman Ben Bernanke said current economic conditions warranted further monetary policy easing. The index rose 0.6 percent ... (Source: Inside Fidelity 2010-10-15T13:36:41Z)

Ecuador: 4 miners trapped after tunnel collapses

A tunnel collapsed in a gold mine in southern Ecuador on Friday, trapping four miners 490 feet (150 meters) underground. Authorities said rescue efforts were under way. A miner who survived the cave-in told authorities that four of his colleagues remain ... (Source: AP - msnbc.com 2010-10-16T02:01:08Z)

Feds fine CVS $75M for sales of meth ingredient

C VS Pharmacy has agreed to pay $75 million in fines for allowing repeated purchases of a key ingredient in the making of methamphetamine in at least five states that also led to a spike in Southern California drug trafficking, authorities said Thursday ... (Source: Boston Herald 2010-10-15T05:51:23Z)

First of 33 Chilean miners rescued

SAN JOSE MINE, Chile - The first two of 33 men trapped in a collapsed mine were rescued early Wednesday after 69 days underground, pulled to freedom at last in a missile-like escape capsule to the cheers of family and countrymen. Rescued first was ... (Source: Philadelphia Daily News 2010-10-14T07:04:10Z)

CVS Fined For Not Tracking Drug Sales

LOS ANGELES -- In order to comply with federal drug regulations, CVS Pharmacy Inc. employed a new automated system three years ago to keep tabs on the sale of one of methamphetamine's main ingredients, pseudoephedrine, that is often found in cough and cold ... (Source: WSB-TV Atlanta 2010-10-15T10:30:34Z)

CVS fined for problem in sales of meth ingredient

In order to comply with federal drug regulations, CVS Pharmacy Inc. employed a new automated system three years ago to keep tabs on the sale of one of methamphetamine's main ingredients, pseudoephedrine, that is often found in cough and cold remedies. The ... (Source: AP - msnbc.com 2010-10-15T09:47:37Z)

Tom Hicks-owned Liverpool soccer club sold after Dallas judge lifts restraining order

Dallas financier Tom Hicks had his ownership of Liverpool Football Club sold from under him Friday after a he ended a legal effort to have a Texas judge halt the sale. Liverpool was officially sold to Boston Red Sox owners New England Sports Ventures ... (Source: Dallas Morning News 2010-10-15T15:59:51Z)

Prices undermined by poorly received 30-year sale

NEW YORK, Oct 14 (Reuters) - U.S. Treasury debt prices fell on Thursday following a poorly received auction of reopened 30-year Treasury bonds as traders closed out bets ahead of a speech by Federal Reserve Chairman Ben Bernanke on Friday. The long bond ... (Source: The Guardian 2010-10-14T20:18:44Z)

From the News-Sentinel

WASHINGTON — The Obama administration is set to report today that the federal budget deficit exceeded $1 trillion for the second straight year, providing critics of government spending with fresh ammunition ahead of the midterm congressional elections ... (Source: FortWayne.com 2010-10-15T14:19:38Z)

Chile's textbook mine rescue brings global respect

Thursday, Oct. 14, 2010 | 8:30 a.m. Chile's 33 rescued miners have met with the country's president in the hospital ward where they're being checked after being pulled from the mine. Doctors say most are doing well and several are expected to be released ... (Source: Las Vegas Sun 2010-10-14T15:46:43Z)

Haunted by the world, miners guard their 'miraculous' story of survival in Chile

The first rescued Chilean miners out of the hospital celebrated their new lives as national heroes Friday, as word emerged that the 33 want to closely guard their story so they can fairly divide the spoils of their media stardom. That could explain why ... (Source: Miami Herald 2010-10-15T20:31:52Z)

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