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 / October 20, 2010, 4:41 pm

Saudi Arabia to buy aircraft worth $60B in largest U.S. arms deal

As telegraphed last month , the Pentagon today notified Congress it plans to sell Saudi Arabia up to $60 billion in advanced fighter jets and attack helicopters, the largest-ever U.S. arms deal. The 10-year contract is being pitched as necessary to counter ... (Source: USA Today 2010-10-20T22:56:15Z)

WRAPUP 2-Saskatchewan sees no net gain from BHP-Potash deal

REGINA/OTTAWA, Oct 20 (Reuters) - Saskatchewan dismissed on Wednesday the idea that a hostile offer from mining giant BHP Billiton ( BHP.AX ) for provincial crown jewel Potash Corp ( POT.TO ) would bring net benefits, playing up an argument that the ... (Source: Reuters India 2010-10-20T22:27:37Z)

UPDATE: MGM Plans Stock Sale, Gets Offer For Borgata Stake

NEW YORK (Dow Jones)--MGM Resorts International (MGM) said Tuesday the Las Vegas-based company and its largest shareholder Tracinda Corp. will sell at least 68.7 million shares and that a bidder has emerged to buy its stake in an Atlantic City, N.J ... (Source: Wall Street Journal 2010-10-12T23:05:44Z)

Obama Administration to Sell $60 Billion in Weapons to Saudi Arabia

The Obama administration has notified Congress that it plans to sell up to $60 billion in advanced weaponry to Saudi Arabia , in one of the largest-ever single U.S. arms deals. The State Department and Pentagon informed lawmakers on Wednesday of the sales ... (Source: FOX News 2010-10-20T23:17:44Z)

Apple's new MacBook Air notebooks: 'If a MacBook met an iPad,' Jobs says

Apple CEO Steve Jobs today said the Mac operating system will include apps and multi-touch features similar to the iPhone, introduced a new version of the iLife software, and said FaceTime video calling is being added to the Mac. And -- in "one more thing ... (Source: San Jose Mercury News 2010-10-20T18:38:33Z)

Hamas has antiaircraft missiles, Israel says

JERUSALEM - Gaza's Hamas rulers have obtained antiaircraft missiles, Israel's prime minister said Monday, revealing a potentially game-changing development that could inhibit the Israeli air force's ability to strike at the Islamic extremist group. Israeli ... (Source: Philadelphia Daily News 2010-10-20T06:57:03Z)

MGM International raises $511 million in stock offer; biggest shareholder sells 27.8M shares

LAS VEGAS — MGM Resorts International said Tuesday it raised $511 million by selling 40.9 million shares of stock. The company said it will use the proceeds to pay back debt and for other general corporate purposes. The underwriter of MGM Resorts ... (Source: Washington Examiner 2010-10-19T15:19:19Z)

Biz Break: Meet Apple's new MacBook Airs; plus: an app store for your Mac

Today: Apple CEO Steve Jobs shows off new MacBook Air notebooks and software that makes the Mac work more like an iPad or iPhone. Plus: Netflix, eBay earnings. Apple's new MacBook Air notebooks Apple CEO Steve Jobs today showed off the Cupertino Mac and "i ... (Source: San Jose Mercury News 2010-10-20T21:08:53Z)

FBI: Would-be bomber said he'd die for bin Laden

FBI officials who arrested a Jordanian man plotting to blow up a Dallas skyscraper offer a different portrayal of the apologetic young man who spoke politely to the judge during his two day sentencing hearing. FBI officials told The Associated Press that ... (Source: AP - msnbc.com 2010-10-20T19:14:21Z)

Clarence Thomas' wife seeks apology from Anita Hill

WASHINGTON — Anita Hill is refusing to apologize for accusing then-Supreme Court justice nominee Clarence Thomas of sexually harassing her, in an issue that Thomas' wife has reopened 19 years after his confirmation hearings. "I have no intention of ... (Source: Detroit Free Press 2010-10-20T22:34:47Z)

Stocks slide after big US falls

The Australian market has opened sharply lower after receiving negative leads from offshore trading overnight. In early trade, the benchmark S&P/ASX200 index fell 48 points, or 1 per cent, to 4607.7 and the All Ordinaries dropped 49.6 points, or 1 per cent ... (Source: Sydney Morning Herald 2010-10-19T23:11:45Z)

Postmark planned for Oct. 30 opening of Cross Street Bridge in Middlebury

MIDDLEBURY — The U.S. Post Office is planning to offer a special pictorial postmark for the grand opening of the Cross Street Bridge in Middlebury, Vermont. The opening is scheduled for Oct. 30. On that day, Post Office staff will be at the bridge from ... (Source: Burlington Free Press 2010-10-19T10:32:59Z)

Postmark planned Middlebury for bridge opening

MIDDLEBURY -- The U.S. Post Office is planning to offer a special pictorial postmark for the grand opening of the Cross Street Bridge in Middlebury. The opening is scheduled for Oct. 30. On that day, post office staff will be at the bridge from noon to 4 p ... (Source: Burlington Free Press 2010-10-20T10:24:38Z)

Updates From Apple's Mac-Focused Event

Steven P. Jobs , Apple's chief executive, took the stage at the company's headquarters in Cupertino, Calif., today to talk about upgrades to the company's iLife and Mac OS products, and to unveil two new MacBook Air models. Our live updates from the ... (Source: New York Times Blogs 2010-10-20T20:25:56Z)

U of Virginia archivists to put Founding Fathers' papers online at National Archives site

RICHMOND, Va. - Archivists are creating a public, online clearinghouse of letters, journals and other documents from George Washington, Thomas Jefferson and other major founders of the United States. The University of Virginia Press will put the published ... (Source: Minneapolis Star Tribune 2010-10-20T21:23:12Z)

Palestinian Authority counters Israeli offer on settlements

JERUSALEM - Responding to an offer by Israeli Prime Minister Binyamin Netanyahu to extend a freeze on building in West Bank settlements if Palestinians recognize Israel as the Jewish state , a top Palestinian official said Wednesday that such recognition ... (Source: Washington Post 2010-10-14T08:01:26Z)

Founding Fathers' papers to be accessible online

RICHMOND, Va. History buffs will soon be able to explore the private thoughts and official writings of George Washington, Thomas Jefferson and other Founding Fathers in a public, online clearinghouse of their letters, journals and other documents. The ... (Source: Salt Lake Tribune 2010-10-20T21:37:31Z)

Justice Thomas' wife asks Anita Hill for apology

Almost 20 years after the fact, the wife of Supreme Court Justice Clarence Thomas has called the woman who accused her husband of sexual harassment and asked for an apology. In a message left on Anita Hill's office voice mail, Virginia Thomas asked her ... (Source: Los Angeles Times 2010-10-20T19:35:49Z)

LETTER: John Tierney, Israel and us

To the editor: I have to admit I wasn't paying as much attention as I should have been to the "disaffection" with John Tierney among some members of the Jewish community here. Much of that "disaffection" comes from the political right, but it has gained ... (Source: Abington Mariner 2010-10-20T18:09:55Z)

Clarence Thomas' wife seeks apology from accuser Anita Hill

WASHINGTON — Anita Hill is refusing to apologize for accusing then-Supreme Court justice nominee Clarence Thomas of sexually harassing her, in an issue that Thomas' wife has reopened 19 years after his confirmation hearings. "I have no intention of ... (Source: Boston Herald 2010-10-20T21:16:02Z)

IBM tops Wall Street's views in 3Q but shares fall on worries about pace of new deals

SAN FRANCISCO - IBM Corp.'s third quarter was a textbook example of how the company makes money even in an uncertain economy. The results, reported Monday after the stock market closed, topped Wall Street's forecasts and demonstrated IBM's skill at ... (Source: Minneapolis Star Tribune 2010-10-19T00:38:50Z)

FBI: Man who admitted plotting to blow up Dallas office tower 'intended to die' for bin Laden

DALLAS (AP) — FBI officials who arrested a Jordanian man plotting to blow up a Dallas skyscraper offer a different portrayal of the apologetic young man who spoke politely to the judge during his two day sentencing hearing. FBI officials told The ... (Source: Los Angeles Times 2010-10-20T19:14:21Z)

Big US falls signal down day for stocks

The Australian market has received strongly negative leads from offshore trading overnight. This morning on the Sydney Futures Exchange, the December share price index futures contract was 37 points lower at 4632 points. That comes after yesterday's ... (Source: Sydney Morning Herald 2010-10-19T21:17:13Z)

MGM Resorts stock sale raises $511 million

MGM Resorts International said Tuesday it raised $511 million through a stock offering that was announced a week ago and plans to use the funds to pay down a portion of its $13 billion debt. The Las Vegas-based company sold 40.9 million shares of common ... (Source: Las Vegas Review Journal 2010-10-19T23:04:36Z)

Big Hurdles in Canada for BHP's Potash Bid

BHP Billiton 's hostile bid for Potash Corporation of Saskatchewan has hit a regulatory snag that may derail the proposed $38.6 billion deal before shareholders have their say on the matter. Talks between BHP and the government of Saskatchewan apparently ... (Source: New York Times Blogs 2010-10-20T23:10:34Z)

US to sell $60 billion in advanced weaponry to Saudi Arabia in massive arms sale

WASHINGTON - The Obama administration has notified Congress that it plans to sell up to $60 billion in advanced weaponry to Saudi Arabia, in one of the largest-ever single U.S. arms deals. The State Department and Pentagon informed lawmakers on Wednesday ... (Source: Minneapolis Star Tribune 2010-10-20T18:24:14Z)

Smadi Sentencing Ends Lengthy FBI Sting

FBI officials who arrested a Jordanian man plotting to blow up a Dallas skyscraper offer a different portrayal of the apologetic young man who spoke politely to the judge during his two day sentencing hearing. In an interview with The Associated Press, FBI ... (Source: NBC Dallas-Fort Worth 2010-10-20T22:13:18Z)

Canadian province sees no net gain from BHP-Potash deal

REGINA/OTTAWA (Reuters) - Saskatchewan dismissed on Wednesday the idea that a hostile offer from mining giant BHP Billiton ( BHP.AX ) for provincial crown jewel Potash Corp would bring net benefits, playing up an argument that the federal government could ... (Source: Reuters 2010-10-20T21:08:53Z)

Special Postmark Planned For Vt. Bridge Opening

MIDDLEBURY, Vt. -- The U.S. Post Office is planning to offer a special pictorial postmark for the grand opening of the Cross Street Bridge in Middlebury, Vt. The opening is scheduled for Oct. 30. On that day, post office staff will be at the bridge from ... (Source: WPTZ.com 2010-10-19T12:41:50Z)

Archivists to put US Founding Fathers' papers online at National Archives site

RICHMOND, Va. - Archivists are creating a public, online clearinghouse of letters, journals and other documents from George Washington, Thomas Jefferson and other major founders of the United States. The University of Virginia Press will put the published ... (Source: Macleans 2010-10-20T17:41:17Z)

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