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Deals of the Hour / October 7, 2010, 2:41 am

California Budget Deal Ends Impasse With Vote Expected in Days

Oct. 2 (Bloomberg) -- California Governor Arnold Schwarzenegger and top lawmakers came up with a compromise to close a $19.1 billion deficit and give the state a budget, ending a record three-month impasse with a vote expected next week on the spending ... (Source: BusinessWeek 2010-10-02T04:05:07Z)

Grupo Televisa, Univision Communications in billion-dollar deal

Oct 06, 2010 (The Miami Herald - McClatchy-Tribune Information Services via COMTEX) -- Coming soon to a smartphone or iPad near you: the sultry antics of popular Mexican telenovelas that have been limited to old-fashioned television screens, thanks to a ... (Source: TMCnet 2010-10-06T18:40:51Z)

BP, Azerbaijan reach Caspian Sea oil deal

BP PLC says it has reached an agreement with Azerbaijan's state oil company to develop a new oil field in the Caspian Sea. BP said Thursday that the 50-50 joint venture will seek to develop oil production in the Shafag-Asiman sector, 125 kilometers (78 ... (Source: AP - msnbc.com 2010-10-07T06:50:59Z)

Liverpool agrees on sale to Red Sox owners

MANCHESTER, England (Reuters) - The Liverpool board has agreed to sell the club to the owners of baseball's Boston Red Sox but the fate of England's most successful side could yet be decided in the courts as a bitter ownership dispute rages on. The English ... (Source: Reuters 2010-10-07T06:58:09Z)

NEWSMAKER-Shy Henry has track record to please Liverpool fans

DETROIT Oct 6 (Reuters) - John W Henry prefers to fly below the radar but the owner of the Boston Red Sox baseball team has an attention-grabbing track record both on and off the field to warm the hearts of concerned Liverpool soccer fans. While the board ... (Source: Reuters 2010-10-07T02:54:46Z)

Schwarzenegger, lawmakers claim some victories in California budget deal

After reaching a handshake deal Friday to end the longest budget dispute in state history, legislative leaders and Gov. Arnold Schwarzenegger will now seek to promote the victories they believe justified their long holdout. Nobody is walking away from the ... (Source: Sacramento Bee 2010-10-05T07:00:31Z)

American Airlines, British Airways And Iberia Announce Better Deal For Trans-Atlantic Flyers

LONDON , Oct. 6 /PRNewswire/ -- More access to cheaper fares, bigger choice of flight times and easier connecting journeys will become reality for transatlantic flyers with the launch of the new joint business between American Airlines, British Airways and ... (Source: Street.Com 2010-10-07T00:17:17Z)

Warmup pool blamed after up to 15 swimmers become ill at Commonwealth Games in New Delhi

NEW DELHI - The already-troubled Commonwealth Games is facing a new crisis — reports that up to 15 swimmers on the England and Australia teams have a stomach virus potentially caused by the suspect quality of water at the aquatics center in New Delhi ... (Source: Minneapolis Star Tribune 2010-10-07T09:14:09Z)

Swimmers sick at Commonwealth Games, warmup pool suspected

NEW DELHI - The Commonwealth Games is facing a new crisis — reports that up to 15 swimmers on the England and Australian teams have a stomach virus potentially caused by the quality of water at the aquatics centre in New Delhi. England's swim team doctor ... (Source: Canada East 2010-10-07T06:22:21Z)

UPDATE 1-GE to pay $3 bln for oil equipment maker Dresser

BOSTON Oct 6 (Reuters) - General Electric Co ( GE.N ) reached a $3 billion deal to buy Dresser Inc [DRESS.UL], a maker of gas engines used to power oil and natural gas production equipment, in its latest bid to boost its energy business. The Addison, Texas ... (Source: Reuters 2010-10-06T13:40:12Z)

Televisa Invests $1.2 Billion for a Stake in Univision

Univision, the leading Spanish-language television network in the United States, will retain the rights to popular telenovelas produced by the Mexican television giant Grupo Televisa for another 15 years. In a deal announced Tuesday, Televisa will invest $ ... (Source: New York Times 2010-10-06T01:58:41Z)

Commonwealth Games athletics track ready

COMMONWEALTH Games chief Mike Fennell revealed that repair work to the athletics track at the Jawarharlal Nehru Stadium had been completed and approved in time for the first day of competition in Delhi. Olympic gold medallist Jonathan Edwards had raised ... (Source: South Wales Argus 2010-10-06T08:53:52Z)

Fayette County mom reaches plea deal in daughter's pregnancy plot case

UNIONTOWN — A western Pennsylvania woman accused of conspiring with her boyfriend to drug her 13-year-old daughter so he could try to impregnate her has reached a plea deal with prosecutors. The 34-year-old woman was slated for trial Monday in Fayette ... (Source: Tribune-Democrat 2010-10-06T13:54:31Z)

Delhi belly hits Commonwealth swimmers

THE Commonwealth Games is facing a new crisis today with reports up to 15 swimmers on the England and Australian teams have a stomach virus potentially caused by the quality of water at the aquatics centre in New Delhi. England's team leader John ... (Source: WalesOnline 2010-10-07T09:21:19Z)

Commonwealth track starts on time amid transit strike

NEW DELHI (AP) -- After averting the embarrassment of having to delay the start of competition Wednesday because of a damaged track, organizers of the Commonwealth Games were dealing with a transit driver boycott. Competition started on time for the track ... (Source: CNN Sports Illustrated 2010-10-06T23:55:48Z)

Bills report: Inside slant

The frustration of touching the football just 5.5 times per game during the Bills ' 0-4 start had boiled over for running back Fred Jackson . After all, the vastly underrated five-year veteran touched the ball an average of 20.6 times per game last season ... (Source: CBS Sports 2010-10-07T05:39:24Z)

NFL Week 5 Picks: Jacksonville Jaguars vs. Buffalo Bills

So long Marshawn, hello C.J. With Marshawn Lynch sent packing to Seattle, the guy that will be expected to take over the starting running back position will be rookie first-round draft pick C.J. Spiller. The Bills have lost four consecutive games to start ... (Source: Bleacherreport.com 2010-10-07T04:49:18Z)

Liverpool agrees on sale to Boston Red Sox owners

LONDON - English Premier League club Liverpool says it has agreed to sell the club to the owners of the Boston Red Sox, pending settlement of a board dispute. Club chairman Martin Broughton announced the sale Wednesday on the Liverpool Football Club ... (Source: Philadelphia Daily News 2010-10-06T22:51:23Z)

BP And SOCAR Sign Deal To Develop Deepwater Gas Field In Azerbaijan - Quick Facts

(RTTNews) - BP Plc (BP: News ,BP.L: News ) and the State Oil Company of the Republic of Azerbaijan or SOCAR signed a new production sharing agreement on joint exploration and development of the Shafag-Asiman structure in the Azerbaijan sector of the ... (Source: RTT News 2010-10-07T06:36:40Z)

British Airways, Iberia and American Airlines announce new routes under transatlantic deal

LONDON - American Airlines, British Airways and Iberia launched their transatlantic joint business Wednesday, unveiling new routes and detailing benefits for customers that include a shared frequent flyers program. BA Chief Executive Willie Walsh said the ... (Source: Minneapolis Star Tribune 2010-10-06T13:40:12Z)

Commonwealth Games 2010: English swimmers hit by tummy bug

English officials have asked for reassurances about the water quality in the Commonwealth Games aquatics centre after reports that up to 15 swimmers on the England and Australian teams have a stomach virus potentially caused by water in Delhi's pools ... (Source: Utv 2010-10-07T08:45:31Z)

Pa. mom pleads guilty in plot to impregnate daughter

UNIONTOWN, Pa. (AP) — A western Pennsylvania woman accused of conspiring with her boyfriend to drug her 13-year-old daughter so he could try to impregnate her has reached a plea deal with prosecutors. The 34-year-old woman was slated for trial Monday in ... (Source: Morris County Daily Record 2010-10-06T13:40:12Z)

California budget proposal gets first public airing, relies largely on accounting maneuvers

SACRAMENTO, Calif. (AP) — California lawmakers got their first look Wednesday at a proposal that attempts to end the state's record-long budget impasse and close a $19 billion deficit, primarily through targeted spending cuts and a large dose of creative ... (Source: Orlando Sentinel 2010-10-07T07:12:28Z)

BP and Socar sign Shafag Asiman deal

The signing of the PSA today in Baku follows the earlier concluded heads of agreement which defined the basic commercial principles of the contract. Under the PSA, which is for 30 years, BP will be the operator with 50% interest while SOCAR will hold the ... (Source: Upstream Online 2010-10-07T07:05:18Z)

Moody's: GE ratings unaffected by Dresser deal

Moody's Investors Service said Wednesday its debt ratings and outlook on General Electric Co. are not affected by the conglomerate's acquisition of energy equipment maker Dresser Inc. for $3 billion in cash. Moody's said its senior unsecured debt rating of ... (Source: AP - msnbc.com 2010-10-06T21:39:48Z)

GE to pay $3 billion for oil equipment maker Dresser

BOSTON (Reuters) - General Electric Co ( GE.N ) reached a $3 billion deal to buy Dresser Inc DRESS.UL, a maker of gas engines used to power oil and natural gas production equipment, in its latest bid to boost its energy business. The Addison, Texas-based ... (Source: Reuters 2010-10-06T13:47:21Z)

With Lynch traded, Jackson steps in as Bills' starting RB

ORCHARD PARK, N.Y. -- Fred Jackson doesn't have time to question the reasoning behind why the Buffalo Bills traded fellow running back Marshawn Lynch to the Seattle Seahawks -- though he was aware a deal had been in the works. What matters to Jackson is ... (Source: NFL 2010-10-07T00:02:58Z)

Mexico's Televisa Shares Sharply Higher On Univision Deal

MEXICO CITY (Dow Jones)--Shares of Mexican media conglomerate Grupo Televisa (TV, TLEVISA.MX) opened sharply higher Tuesday after the company unveiled plans to take a stake in U.S. Spanish-language broadcaster Univision Communications Inc. (UVN), while ... (Source: Wall Street Journal 2010-10-05T14:02:51Z)

REGION: W.Pa. mom pleads guilty in plot to impregnate daughter

UNIONTOWN, Pa. — A western Pennsylvania woman accused of conspiring with her boyfriend to drug her 13-year-old daughter so he could try to impregnate her has pleaded guilty in a deal with prosecutors. The 34-year-old Uniontown woman was slated for trial ... (Source: Delaware Wave 2010-10-06T22:29:54Z)

American Airlines' European business alliance approved

Crossing the Atlantic on American Airlines and then hopping around Europe on British Airways or Iberia got a little easier Wednesday. After U.S. and European Community approval, the three carriers formally announced a joint business alliance that will ... (Source: TradingMarkets.com 2010-10-07T05:46:34Z)

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