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Deals of the Hour / October 21, 2010, 9:40 am

Report: Francisco Rodriguez Forfeits $3.15 Million in Salary, Has Contract Restored by Mets

Many had asserted that the New York Mets should use Francisco Rodriguez 's assault incident and resulting thumb injury as grounds to get his contract off the books so that the team could sign high-priced free agents. It appears that they have forgone that ... (Source: NESN.com 2010-10-19T20:27:07Z)

Analysis: Venezuela's Chavez baits foes with nuclear deal

Venezuelan President Hugo Chavez's plans for a Russian-built nuclear power plant are unsettling his foes, but look more like geopolitical grandstanding than anything concrete at this stage. On an international tour encompassing several of the world's ... (Source: msnbc.com 2010-10-19T16:16:35Z)

Plea deal for Mets closer Francisco Rodriguez gets nod, now just don't turn back on daughters

K-Rod 's girlfriend and her father won't oppose a plea deal for the reliever as long as he doesn't turn his back on the couple's twin daughters, their lawyers said. Prosecutors want the hurler to agree to anger management sessions before they cut him a ... (Source: New York Daily News 2010-10-09T08:28:50Z)

Bravo Brio plans initial public offering

Restaurant operator Bravo Brio Restaurant Group Inc. could raise as much as $80 million in an initial public offering expected this week. The company, based in Columbus, Ohio, plans to offer 5 million of its own shares and selling shareholders have agreed ... (Source: AP - msnbc.com 2010-10-20T16:15:23Z)

Tressel trying to elevate Buckeyes' spirits

COLUMBUS — Discouraged and downtrodden Ohio State fans won't be able to count on coach Jim Tressel to offer any consolation or words of encouragement. Tressel said he's got enough on his plate just taking care of his players. "People are going to ... (Source: Ironton Online 2010-10-20T06:35:34Z)

Afghan peace council to offer concessions to Taliban

Afghanistan's new peace council said on Thursday it would be willing to make concessions to bring insurgents to the negotiating table, but repeated Kabul and Washington's longstanding demand that they renounce violence. Inducements to tempt fighters back ... (Source: msnbc.com 2010-10-21T13:00:56Z)

Ohio State Buckeyes regroup after devastating loss

COLUMBUS -- Discouraged and downtrodden Ohio State fans won't be able to count on coach Jim Tressel to offer any consolation or words of encouragement. Tressel said he's got enough on his plate taking care of his players. "People are going to have their ... (Source: Chillico Gazette 2010-10-20T11:36:13Z)

Southwest Airlines earns $205 million in 3Q profit as traffic rises on low-fare carrier

DALLAS (AP) — Southwest Airlines Co. is making money as more people travel on the nation's largest discount airline. Southwest said Thursday it earned $205 million in the late-summer third quarter. Traffic was up about 5 percent, which along with higher ... (Source: Chicago Tribune 2010-10-21T12:53:46Z)

Southwest announces Charleston, Greenville flights

CHARLESTON, S.C. (AP) - Southwest Airlines is expanding its schedule in South Carolina with seven weekday departures each from Charleston and Greenville. The discount carrier said Wednesday it would have three flights between Charleston and Baltimore ... (Source: Times and Democrat 2010-10-20T16:58:20Z)

Official: White House to Notify Congress on Saudi Arms Deal

WASHINGTON -- The Obama administration is expected to notify Congress on Wednesday of a multibillion-dollar sale of fighter jets and military helicopters to Saudi Arabia , officials said Tuesday. The State Department scheduled a news conference for ... (Source: FOX News 2010-10-19T23:33:14Z)

Afghan peace council wants Saudi Arabia to help broker resolution with the Taliban

KABUL, Afghanistan - The Afghan government's newly formed peace council wants Saudi Arabia to play a key role in efforts to reconcile with the Taliban and find a political resolution to the war. Qiyamuddin Kashaaf, spokesman for the 70-member High Peace ... (Source: Minneapolis Star Tribune 2010-10-21T11:35:02Z)

Iran signs 11 energy deals with Venezuela

TEHRAN, Oct. 21 (UPI) -- Eleven memorandums of understanding in the energy sector were signed with the Venezuelan government, Tehran announced Thursday. Venezuelan President Hugo Chavez arrived in the Iranian capital early this week to meet with his ... (Source: United Press International 2010-10-21T12:10:49Z)

EU signs off on tougher budget rules

Ending months of intense debate, EU governments on Monday agreed on tougher budget rules for euro-zone nations that can trigger fines for countries racking up big deficits and debts like the ones that have eroded confidence in the euro. The complex deal ... (Source: AP - msnbc.com 2010-10-18T23:20:06Z)

Bravo Brio to offer shares for sale this week

NEW YORK - Bravo Brio Restaurant Group Inc. could raise as much as $80million in an initial public offering expected this week. The Columbus-based company plans to offer 5million of its own shares, and selling shareholders have agreed to offer about 3 ... (Source: Columbus Dispatch 2010-10-21T09:33:20Z)

Buckeyes regrouping after tough road loss

Discouraged and downtrodden Ohio State fans won't be able to count on coach Jim Tressel to offer any consolation or words of encouragement. Tressel said he's got enough on his plate just taking care of his players. "People are going to have their ... (Source: Vindy.com 2010-10-20T04:55:21Z)

Mets, K-Rod could settle grievance

The hearing before arbitrator Shyam Das was to start Monday, but was called off as the sides closed in on a settlement, the person said Saturday, speaking on condition of anonymity because the sides agreed no public comments would be made. Rodriguez was ... (Source: FOXSports.com 2010-10-17T01:38:29Z)

Siemens breaks ground on site that is expected to add 825 jobs

State and local officials helped celebrate the groundbreaking Wednesday of Siemens Energy's $170 million gas turbine production plant in Charlotte. The 450,000-square-foot facility, adjacent to Siemens' existing steam turbine and generator manufacturing ... (Source: CharlotteObserver.com 2010-10-21T12:32:18Z)

Southwest service to S.C. starts March 13

Southwest Airlines entrance into South Carolina begins March 13 with seven daily non-stop flights each from Charleston and Greenville-Spartanburg, the discount airline announced today. From both airports, Southwest will fly to Baltimore/Washington, Chicago ... (Source: The State 2010-10-20T14:35:10Z)

Bravo Brio Restaurant Group expected to go public this week

Restaurant operator Bravo Brio Restaurant Group Inc. could raise as much as $80 million in an initial public stock offering expected this week. The company, based in Columbus, plans to offer 5 million of its own shares, and selling shareholders have agreed ... (Source: Columbus Dispatch 2010-10-20T17:26:58Z)

Southwest Airlines posts $205 million profit for third quarter

DALLAS — Southwest Airlines Co. is making money as more people travel on the nation's largest discount airline. Southwest said today it earned $205 million in the late-summer third quarter. Traffic was up about 5 percent, which along with higher average ... (Source: Pioneer Press 2010-10-21T15:59:53Z)

EU sets out plans for managing troubled banks

The European Commission outlined radical measures Wednesday to deal with banks that run into trouble with the key aim of making shareholders and creditors, not taxpayers, foot the bill. It proposed that supervisors be allowed to suspend dividends, replace ... (Source: AP - msnbc.com 2010-10-20T15:46:45Z)

PUNCH BOTTOM LINE: K-ROD TO RETURN $3.1M

Francisco Rodriguez is $3.1 million lighter in the wallet, but he still has a guaranteed contract with the Mets . The two sides finalized an agreement yesterday that calls for Rodriguez to forfeit the salary he would have earned for the final two months of ... (Source: FOXSports.com 2010-10-21T01:12:16Z)

White House notifies Congress of $60 billion proposed arms deal with Saudi Arabia

WASHINGTON -- The Obama administration formally notified Congress on Wednesday of plans to sell Saudi Arabia up to $60 billion worth of arms in a deal aimed at bolstering regional defenses against an ascendant Iran. The agreement, which will stretch out ... (Source: Lexington Herald-Leader 2010-10-21T10:01:58Z)

Mets report: Inside pitch

It took the Mets less than 24 hours after Oliver Perez ended the team's season with one final implosion on the mound for the organization to begin the dismantling and restructuring. After two consecutive injury-riddled, losing seasons -- which came after ... (Source: CBS Sports 2010-10-21T08:57:33Z)

Iran, Venezuela urge for new world order

Iran and Venezuela urged for new global order whereby changes could be brought about to the world, the official IRNA news agency reported Thursday. During a meeting with his Venezuelan counterpart Hugo Chavez on Wednesday, Iranian President Mahmoud ... (Source: People's Daily Online 2010-10-21T15:16:56Z)

EU Court Upholds Media-copying Levies for Individuals

European courts have ruled that businesses do not have to pay a special levy when purchasing copy-enabling media and devices such as blank CDs and MP3 players, however private individuals will still have to cough up the extra charge in many E.U. countries ... (Source: PC World 2010-10-21T16:07:03Z)

Mets near deal with Alderson

NEW YORK — Sandy Alderson, the frontrunner in the Mets' general manager hunt, was invited back for a second interview, ESPN.com reported. Alderson, the former A's GM who is currently assisting Major League Baseball in addressing Latin American issues ... (Source: St. Petersburg Times 2010-10-18T03:24:40Z)

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)

NATO Official Describes Talks With Taliban

"Any insurgent seeking to enter into talks could be subject to that kind of targeting," Mark Sedwill, NATO's senior civilian representative in Afghanistan, told ABC News in an interview. The journey usually begins in Quetta, the headquarters of the Afghan ... (Source: ABC News 2010-10-21T06:20:04Z)

Southwest Airlines posts $205M profit for 3Q

Southwest Airlines Co. is making money as more people travel on the nation's largest discount airline. Southwest said Thursday it earned $205 million in the late-summer third quarter. Traffic was up about 5 percent, which along with higher average fares ... (Source: AP - msnbc.com 2010-10-21T15:24:06Z)

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