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Deals of the Hour / October 17, 2010, 11:41 pm

Public backs most high court rulings

WASHINGTON – The Supreme Court shifted to the right four years ago when conservative Justice Samuel A. Alito Jr. succeeded moderate Sandra Day O'Connor. And if American public opinion is the measure, the Roberts court has made the right call in most of ... (Source: The Spokesman-Review 2010-10-17T07:00:36Z)

Hong Kong, Sydney Drop In Mixed Asia; China Rises

HONG KONG -- Asian stocks traded mixed midday Monday, with the banking and resource sectors dragging Hong Kong and Australian markets lower, while mainland Chinese and Japanese stocks pulled higher. Japan's Nikkei Stock Average rose 0.2% as exporters ... (Source: FOXBusiness 2010-10-18T06:02:09Z)

Liverpool sold to Red Sox owners

LONDON -- Liverpool was sold to the owners of the Boston Red Sox on Friday after a bitter trans-Atlantic court fight with the previous American owners over the storied English soccer club. The $476 million deal with New England Sports Ventures ends the ... (Source: ESPN.com 2010-10-15T16:49:57Z)

Ruling deals blow to Obama's handling of terror suspects

WASHINGTON • President Barack Obama's prosecution of major foreign terror suspects in U.S. civilian courts has hit another roadblock, after a judge in New York blocked testimony this week from the government's key witness against a prisoner about to ... (Source: St. Louis Post-Dispatch 2010-10-08T08:44:20Z)

Wisconsin Way: Badgers bully Buckeyes and boost Michigan State in Big Ten

MADISON, Wis. (AP) — With one powerful performance against Ohio State , Wisconsin shook up the national championship race and muddled the road to the Rose Bowl in the Big Ten. The big winner in the conference on Saturday, however, might have been ... (Source: Chicago Tribune 2010-10-17T22:24:01Z)

Universities in Britain Brace for Cuts in Subsidies

LONDON — For months, Britain 's universities have warned in apocalyptic terms about the devastating cuts they face as part of the government's grand plan to reduce public-sector costs. Now, with the government poised next week to announce its ... (Source: New York Times 2010-10-16T04:45:47Z)

Phillies even series with Giants

Roy Oswalt pitched eight dominant innings, Jimmy Rollins drove in four runs and the Philadelphia Phillies beat the San Francisco Giants 6-1 Sunday night to even the NL championship series at one game apiece. A day after Tim Lincecum outdueled Roy Halladay ... (Source: msnbc.com 2010-10-18T05:12:02Z)

Jump around: Ohio State's stay at No. 1 a short one as Wisconsin bumps Buckeyes

MADISON, Wis. - Ohio State is one and done as No. 1, after Wisconsin bullied the Buckeyes all over the field then celebrated by jumping around on it with a few thousand friends. John Clay ran for 104 yards and two touchdowns and James White darted in for ... (Source: Temple Daily Telegram 2010-10-18T05:12:02Z)

Britain refuses to increase naval presence around Gibraltar

London - The British navy will not increase its presence around its overseas territory Gibraltar, the Foreign Office said Saturday, refusing a request by the island's chief minister. Peter Caruana, had sent a letter to London asking for more support, after ... (Source: Earthtimes 2010-10-16T13:06:52Z)

Roy Oswalt, Jimmy Rollins lead Phillies to 6-1 win over Giants, evening NLCS at 1-1

PHILADELPHIA - This Roy was an ace, and he sparked a big inning with a daring dash around the bases. Roy Oswalt pitched eight dominant innings, Jimmy Rollins drove in four runs and the Philadelphia Phillies beat the San Francisco Giants 6-1 Sunday night to ... (Source: Minneapolis Star Tribune 2010-10-18T05:12:02Z)

Asian Investors Give Tijuana a Thumbs up for Business

An official with a Japanese manufacturing trade group gave a ringing endorsement to doing business in the Mexican border city of Tijuana [last] week. Joji Hiraiwa, secretary of the San Diego-based Japanese Maquiladora Association, thanked local authorities ... (Source: Mexidata.info 2010-10-18T06:16:28Z)

American visits blast site under freedom deal

Tehran, Iran — An Iranian-American businessman freed after more than two years in Tehran's main prison visited survivors of a deadly 2008 mosque bombing as a condition of his release in a scripted event Sunday that could carry propaganda value at home ... (Source: Detroit News 2010-10-18T04:57:44Z)

German chancellor called out of touch

BERLIN - Chancellor Angela Merkel's declaration that Germany's attempts to build a multicultural society had "utterly failed" is feeding a growing debate over how to deal with the millions of foreigners who call the country home. Merkel told a meeting of ... (Source: Athens Banner-Herald 2010-10-18T05:40:40Z)

German chancellor: Multiculturalism 'utterly failed'

BERLIN — Chancellor Angela Merkel's declaration that Germany's attempts to build a multicultural society had "utterly failed" is feeding a growing debate over how to deal with the millions of foreigners who call the country home. Merkel told a ... (Source: Mohave Daily News 2010-10-18T04:43:25Z)

Liverpool sale headed for another court battle

L ONDON — Liverpool's proposed sale to the owners of the Boston Red Sox [ team stats ] was stymied Wednesday when its current American owners obtained an injunction in Texas blocking the deal — just as it was about to be approved. Co-owners Tom Hicks ... (Source: Boston Herald 2010-10-14T03:58:03Z)

American visits Iran blast site under freedom deal

An Iranian-American businessman freed after more than two years in Tehran's main prison visited survivors of a deadly 2008 mosque bombing as a condition of his release in a scripted event that could carry propaganda value at home. Iranian authorities did ... (Source: AP - msnbc.com 2010-10-18T06:02:09Z)

Asian stocks mostly lower, Google boosts Nikkei

Asian stock markets were mostly lower Monday, but Japanese tech shares were boosted by Google's strong earnings. Oil prices fell below $81 a barrel as a month-long rally lost momentum amid the U.S. dollar rising moderately from recent lows. The dollar's ... (Source: AP - msnbc.com 2010-10-18T05:26:21Z)

Under freedom deal, American visits site of Iran blast

TEHRAN, Iran -- An Iranian-American businessman freed after more than two years in Tehran's main prison visited survivors of a deadly 2008 mosque bombing as a condition of his release in a scripted event Sunday that could carry propaganda value at home ... (Source: Pittsburgh Post-Gazette 2010-10-18T04:43:25Z)

Parliament panel attacks British defence overspend

LONDON (Reuters) - Britain's defence ministry failed to plan properly when buying equipment and raised costs by delaying hardware projects, but scaling back orders may be counterproductive, a parliamentary watchdog said on Friday. The government will on ... (Source: Reuters India 2010-10-15T06:05:42Z)

Asia Mixed; Chinese Steel Stocks Rise

SINGAPORE—Asian stock markets were mostly lower Monday as Korean shares were struggling after disappointing earnings reports, while steel stocks rose in China on hopes for higher prices for the metal. Japan's Nikkei Stock Average was up 0.3% at 9,524.55 ... (Source: Wall Street Journal 2010-10-18T05:47:50Z)

Plea Deal Sought in Guantánamo Case

WASHINGTON — As prosecutors at the naval base at Guantánamo Bay , Cuba, prepare to resume the first trial before a military commission under the Obama administration, government officials and defense lawyers have stepped up negotiations over a potential ... (Source: New York Times 2010-10-14T20:11:34Z)

BHP and Rio Scrap $116 Billion Iron Ore Joint Venture

MELBOURNE (Reuters) - BHP Billiton and Rio Tinto scrapped their proposed $116 billion iron-ore joint venture as expected, caving in to opposition from regulators, steelmakers and major investors 16 months after unveiling the plan. The collapse of the deal ... (Source: ABC News 2010-10-18T06:02:09Z)

BHP and Rio Abandon Australian Iron Mining Tie-Up

HONG KONG — BHP Billiton and Rio Tinto on Monday pulled the plug on their plans to form a $116 billion iron ore joint venture after regulators in Australia and elsewhere signaled they would block the deal because of competition concerns. A revival of ... (Source: New York Times 2010-10-18T04:43:25Z)

Asian Stocks Fluctuate as Asset Managers Advance; Mazda Falls

Sunday, October 17, 2010 Oct. 18 (Bloomberg) -- Asian stocks fluctuated after completing a seventh weekly advance last week, as Australian asset managers climbed following a private-equity bid for Perpetual Ltd., countering declines among commodity ... (Source: San Francisco Gate 2010-10-18T05:54:59Z)

Chancellor: German multiculturalism has 'utterly failed'

BERLIN - Chancellor Angela Merkel's declaration that Germany's attempts to build a multicultural society had "utterly failed" are feeding a growing debate over how to deal with the millions of foreigners who call the country home. Merkel told a meeting of ... (Source: Temple Daily Telegram 2010-10-18T05:26:21Z)

New Liverpool owners: We'll 'try not to create a lot of expectations'

LONDON -- Liverpool players met their new owners Saturday as attention turned from the long and bitter boardroom fight to the fortunes of the relegation-threatened team. American John Henry, who heads New England Sports Ventures which bought Liverpool ... (Source: CBS Sports 2010-10-16T15:58:40Z)

Asian Stocks Decline After BHP, Rio Cancel Deal; Banks Retreat

Oct. 18 (Bloomberg) -- Asian stocks fell after completing a seventh weekly advance last week, with materials companies dropping after BHP Billiton Ltd. and Rio Tinto Group scrapped a plan to create the world's largest iron ore producer. BHP sank 1.3 ... (Source: BusinessWeek 2010-10-18T04:29:06Z)

Wisconsin stuns Buckeyes

MADISON, Wis. — Ohio State is one and done as No. 1, after Wisconsin bullied the Buckeyes all over the field then celebrated by jumping around on it with a few thousand friends. John Clay ran for 104 yards and two touchdowns and James White darted in for ... (Source: Nevada Appeal 2010-10-18T05:33:31Z)

Roy Oswalt, Jimmy Rollins help Philadelphia Phillies even NLCS at 1-1 with San Francisco Giants

PHILADELPHIA - This Roy was an ace, and he sparked a big inning with a daring dash around the bases. Roy Oswalt pitched eight dominant innings, Jimmy Rollins drove in four runs and the Philadelphia Phillies beat the San Francisco Giants 6-1 Sunday night to ... (Source: AZCentral.com 2010-10-18T06:09:18Z)

Rio Tinto, BHP Scrap Venture

SYDNEY—BHP Billiton Ltd. and Rio Tinto Ltd., citing regulatory hurdles, said Monday that they terminated a planned $116 billion deal that would have secured one-third of the world's iron-ore output for the two mining giants. "It became clear that this ... (Source: Wall Street Journal 2010-10-18T01:58:46Z)

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