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Deals of the Hour / October 4, 2010, 7:45 am

Hawker Beechcraft talks with machinists break down

KAKE, the Wichita Business Journal's news partners, is reporting that, according to union spokesman Bob Wood, Hawker has received a large offer from the state of Louisiana that could lead to the entire company moving to that state. KAKE is quoting a letter ... (Source: Wichita Business Journal 2010-10-02T23:31:55Z)

Hoffman's ties to Blagojevich make Collinsville Democrat a prime GOP target

SPRINGFIELD - State Rep. Jay Hoffman, the veteran Collinsville Democrat who was once Gov. Rod Blagojevich's top legislative ally, managed for six years to survive his controversial friend's rise to the pinnacle of Illinois politics. The question now is ... (Source: Herald & Review 2010-10-03T09:11:44Z)

Increase in levels of some cancer-causing chemicals recorded since BP spill

Los Angeles — Levels of some cancer-causing oil compounds rose significantly in the waters off the Louisiana coast during the BP spill in the Gulf of Mexico, according to Oregon State University researchers. "It's an incredibly huge jump in ... (Source: Baltimore Sun 2010-10-02T23:17:36Z)

Justices" coming term to offer hot issues, hints of the future

WASHINGTON — The new Supreme Court term, which begins Monday, includes cases on some of the most contested issues of the day, including protests at military funerals, illegal immigration, support for religious schools, violent video games, DNA evidence ... (Source: Bend Bulletin 2010-10-03T10:59:07Z)

Emerging markets offer investment opportunities

Where in the world does an investor go to make money when 70 percent of the U.S. economy is based on American consumers, and many of them, along with Europeans, will be licking their financial wounds instead of spending through much of this decade ... (Source: St. Louis Post-Dispatch 2010-10-03T05:01:12Z)

Microsoft, AT&T Set to Unveil Windows Phone 7 Handsets

Microsoft will receive the marketing support of AT&T, which will be the initial exclusive U.S. carrier to sell the Windows Phone 7 smartphones. AT&T plans to sell the devices the week of Nov. 8. Initially, the carrier will offer three handsets—one each ... (Source: Wall Street Journal 2010-09-30T19:38:04Z)

Smallville Ep 2 Spoilers: Clark Deals With A Deadly Assassin & More

Clark deals with a deadly assassin & more in CW's "Smallville" episode 2 of season 10. We've got spoilers for the show,along with a promo clip after the jump. The episode is entitled, "Shield," and things will get intense again when Clark has ... (Source: OnTheFlix 2010-09-25T17:35:09Z)

Hawker gets offer to move to La.

Hawker Beechcraft and Machinists union officials will meet Tuesday with Gov. Mark Parkinson after Hawker received an offer to move all its operations to Baton Rouge, La., the union said Saturday. Hawker Beechcraft officials declined to comment. The company ... (Source: Wichita Eagle 2010-10-03T05:01:12Z)

Supreme Court prepares to study hot-button issues

WASHINGTON — The new Supreme Court term, which begins tomorrow, includes cases on some of the most contested issues of the day, including protests at military funerals, support for religious schools, violent video games, DNA evidence, and prosecutorial ... (Source: Boston Globe 2010-10-03T10:23:19Z)

UPDATE: Fed's Dudley: Fed Action To Support Economy 'Likely'

NEW YORK (Dow Jones)--A top Federal Reserve official said Friday the central bank is almost certain to have to offer fresh support to ensure that already tepid U.S. economic growth doesn't falter further, although he stopped short of saying what type of ... (Source: Wall Street Journal 2010-10-01T13:31:48Z)

Report: Wild make Theodore offer, but there's no deal yet

Jose Theodore has an offer from the Minnesota Wild, but the team says there is no deal yet. According to a report in the Minneapolis Star-Tribune, Wild General Manager Chuck Fletcher has made a contract offer to the free-agent goaltender, but he says ... (Source: TSN 2010-10-02T14:42:12Z)

U.S. stocks rise on hopes for global growth

NEW YORK (MarketWatch) — U.S. stocks opened higher Friday, kicking off the fourth quarter on a positive note after upbeat personal income and spending data as well as strong economic figures from China. Encouraging U.S. personal income and spending data ... (Source: Yahoo Finance 2010-10-01T07:48:13Z)

Rezko pleads guilty in restaurant sale scheme

CHICAGO - A one-time top fundraiser for former Illinois Gov. Rod Blagojevich who was already convicted of taking kickbacks from state contractors pleaded guilty Friday in a separate scheme involving the bogus sale of his pizza restaurants. After the plea ... (Source: Hartford Courant 2010-10-02T03:07:51Z)

Investors lean toward emerging markets

Where in the world does an investor go to make money when 70 percent of the U.S. economy is based on American consumers, and many of them, along with Europeans, will be licking their financial wounds instead of spending through much of this decade ... (Source: Minneapolis Star Tribune 2010-10-02T23:24:46Z)

Sanofi-Aventis launches Genzyme takeover battle

France's Sanofi-Aventis on Monday launched an $18.5 billion hostile takeover offer for Genzyme Corp., stepping up its effort to capture the U.S. biotech company's promising drugs for high cholesterol and lucrative treatments for rare genetic disorders. At ... (Source: AP - msnbc.com 2010-10-04T12:23:50Z)

Supernatural Ep 3 Spoilers: Castiel Returns To Stop New Danger & More

Castiel returns to stop new danger & more in CW's "Supernatural" episode 3 of season 6. We've got spoilers for the episode,along with a promo clip after the jump. The episode is entitled, "The Third Man," and it gets pretty wild when Castiel ... (Source: OnTheFlix 2010-10-03T02:38:02Z)

BP Plans Debt Offering in First Sale After Oil Spill

(Updates with price guidance in eighth paragraph.) Sept. 28 (Bloomberg) -- BP Plc is planning its first bond sale since a rig explosion caused an estimated 4.9 million barrels of crude oil to spew into the Gulf of Mexico in the largest offshore U.S. spill ... (Source: BusinessWeek 2010-09-28T16:05:41Z)

Theodore filling Wild void, report says

It appears as though the Wild has a backup plan after losing Josh Harding for the season. Montreal radio station CKAC reported late Friday that the Wild has signed goaltender Jose Theodore to a one-year, $1.1 million contract. The 33-year old Theodore ... (Source: Minneapolis Star Tribune 2010-10-02T07:32:42Z)

Jarrett spotted at Chicago federal building

Presidential adviser Valerie Jarrett was spotted Friday inside the Dirksen U.S. Courthouse, touching off a buzz among reporters there in connection with the case against former Gov. Rod Blagojevich . Jarrett, whose name figured prominently at Blagojevich's ... (Source: Chicago Tribune 2010-10-02T01:56:16Z)

Sanofi Begins $18.5 Billion Hostile Offer for Genzyme

(Adds Sanofi CEO comment in third paragraph.) Oct. 4 (Bloomberg) -- Sanofi-Aventis SA began an $18.5 billion hostile takeover offer for Genzyme Corp. after the U.S. biotechnology company spurned Sanofi's $69-a-share bid as too low and refused to negotiat ... (Source: BusinessWeek 2010-10-04T06:25:55Z)

High levels of cancer-causing chemicals recorded since BP spill

Levels of some cancer-causing oil compounds rose significantly in the waters off the Louisiana coast during the BP spill in the Gulf of Mexico, according to Oregon State University researchers. "It's an incredibly huge jump in concentration in a natural ... (Source: Los Angeles Times 2010-10-03T01:04:58Z)

Eyes on Kagan as controversial issues fill upcoming Supreme Court docket

WASHINGTON — The new Supreme Court term, which begins Monday, includes cases on some of the most contested issues of the day, including protests at military funerals, illegal immigration, support for religious schools, violent video games, DNA evidence ... (Source: Denver Post 2010-10-03T09:40:22Z)

Aircraft deal on approach?

Louisiana has made an offer to lure Hawker Beechcraft's headquarters and other operations to Baton Rouge from Kansas, machinists union officials told The Wichita Eagle on Saturday. Hawker Beechcraft employs 7,000 people, including 6,000 in Wichita ... (Source: Baton Rouge Advocate 2010-10-03T15:31:08Z)

Sanofi-Aventis goes hostile with $69/share offer for US biotech company Genzyme

PARIS (AP) — Sanofi-Aventis launched a hostile takeover battle Monday for Genzyme Corp. aimed at capturing the U.S. biotech company's promising drugs for high cholesterol and lucrative treatments for rare genetic disorders . Paris-based Sanofi-Aventis' $ ... (Source: Los Angeles Times 2010-10-04T06:18:45Z)

Watch Smallville Season 10 Episode 2 - Shield

Oh my, oh my! here comes another episode of Smallville and it is entitled "Shield." Well, it happens that this episode is now available online. Smallville Season 10 Episode 2 Synopsis: After Lois departs for Egypt, the Daily Planet hires a new reporter by ... (Source: TV.com 2010-10-01T11:15:48Z)

Microsoft CEO bonus curbed for Kin, tablet failures

SEATTLE (Reuters) - Microsoft Corp Chief Executive Steve Ballmer did not get his maximum bonus for the last fiscal year, despite notching the company's highest ever sales, as he took a hit for missteps on phones and not moving fast enough to counter Apple ... (Source: Reuters 2010-10-01T05:39:22Z)

Microsoft to launch smartphones; AT&T exclusive carrier - WSJ

Oct 1 (Reuters) - Microsoft Corp ( MSFT.O ) will formally offer a series of smartphones using the revamped version of its mobile operating system on Oct. 11, the Wall Street Journal reported Friday, citing people familiar with the launch plans. AT&T Inc ... (Source: Reuters 2010-10-01T11:58:45Z)

Fed's Dudley: Further Fed Action To Support Economy Is 'Likely'

NEW YORK (Dow Jones)--A top Federal Reserve official said Friday the central bank is almost certain to have to offer fresh support to ensure that already tepid economic growth does not further falter, although he stopped short of saying what type of ... (Source: Wall Street Journal 2010-10-01T12:27:23Z)

Personal Finance: Emerging markets merit a look

Where in the world does an investor make money when 70 percent of the U.S. economy is based on consumers, and many of them, along with Europeans, will be licking their financial wounds instead of spending through much of this decade? Professional investors ... (Source: Philadelphia Daily News 2010-10-03T07:02:53Z)

Report: #mnwild signs Jose Theodore

Because of the early hours, the Wild hasn't confirmed yet a report from CKAC that the Wild has signed goalie Jose Theodore to a one-year, $1.1 million contract to replace Josh Harding, who could miss the season with a torn ACL and MCL. But I talked with ... (Source: Minneapolis Star Tribune 2010-10-02T05:23:52Z)

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