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 9, 2010, 3:40 pm

Amazon agrees to purchase BuyVIP.com

As expected, Seattle-based Internet retailer Amazon.com has reached a deal to purchase Spanish private-sale website BuyVIP.com . Amazon did not disclose the purchase price. The deal, which still needs regulatory approval, is expected to become final in the ... (Source: Seattle Times 2010-10-08T00:01:47Z)

Vrbata, Coyotes stifle Bruins 5-2, lift lid on season in Prague

PRAGUE (AP) — Radim Vrbata   (FSY) scored twice and added an assist to lead the Phoenix Coyotes past the Boston Bruins 5-2 in their NHL season-opening game in the Czech capital Saturday. Nathan Horton   (FSY) scored twice for Boston in the third period ... (Source: USA Today 2010-10-09T21:36:14Z)

NBC Reaches Deal To Keep Kentucky Derby Rights Through 2015

NEW YORK (AP) - The Kentucky Derby will remain on NBC through 2015. Churchill Downs Inc. and NBC Sports reached a five-year agreement in principle to extend the network's exclusive rights to air the Run for the Roses, which has been on NBC since 2001. The ... (Source: msnbc.com 2010-10-07T19:15:27Z)

Blackberry Service Won't Be Shut Down In UAE

Blackberry users in Dubai won't be going dark on Monday. The United Arab Emirates had been threatening to shut down Blackberry service on October, 11th unless Research In Motion (RIM), the maker of the Blackberry, made some security concessions. It seems ... (Source: NPR News 2010-10-08T19:57:13Z)

California's budget: The best deal

After a delay of record proportions, Gov. Arnold Schwarzenegger and state legislative leaders finally agreed on a deal to close the state's $19.1-billion budget gap. Except that it won't. By necessity, it's another kick-the-can budget that relies on ... (Source: Los Angeles Times 2010-10-08T00:23:15Z)

Twins pitchers break bats, Minn. DNR plants trees

Bad news for baseball bats is good news for trees. The Minnesota Twins and the state Department of Natural Resources teamed up this season to launch the "Break a Bat, Plant a Tree" promotion. Under the deal, 100 trees will be planted in a Minnesota park or ... (Source: AP - msnbc.com 2010-10-07T16:23:39Z)

Strange But True News Across the World

Bad news for baseball bats is good news for trees. The Minnesota Twins and the state Department of Natural Resources teamed up this season to launch the "Break a Bat, Plant a Tree" promotion. Under the deal, 100 trees will be planted in a Minnesota park or ... (Source: WGCL 2010-10-07T16:59:26Z)

NBC reaches deal to keep Derby rights through 2015

NEW YORK -- The Kentucky Derby will remain on NBC through 2015. Churchill Downs Inc. and NBC Sports announced Thursday a five-year agreement in principle to extend the network's exclusive rights to the Run for the Roses, which has aired on NBC since 2001 ... (Source: Ogden Standard-Examiner 2010-10-09T09:04:37Z)

Calif. gov, legislative leaders reach budget deal

Gov. Arnold Schwarzenegger and legislative leaders said they struck a comprehensive agreement after an intensive five-hour meeting Friday night, signaling an end to California's record-long budget stalemate after 93 days. Virtually no details were released ... (Source: AP - msnbc.com 2010-10-02T03:07:51Z)

Budget OK comes only after hours of parochial or partisan wrangling

SACRAMENTO, Calif. -- It wasn't tough decisions on California's ailing schools, or the prison crisis or the direction of health care reform that kept lawmakers locked in chambers for more than 20 hours before they finally passed the latest budget in state ... (Source: Sacramento Bee 2010-10-09T00:50:42Z)

State budget trick forces more schools to borrow

First, the good news for California schools: This year's budget cuts don't seem to be as deep as expected. Now, the bad news: The state still isn't paying all the money legally owed to education. The tricks used to stitch the budget together may well fail ... (Source: San Jose Mercury News 2010-10-09T16:06:58Z)

Obama hits GOP proposal to cut education spending

W ASHINGTON — Offering voters a reason to keep Democrats in power on Capitol Hill, President Barack Obama says Republicans would cut education spending and put the country's economic future at risk if they had their way. A quality education is ... (Source: Boston Herald 2010-10-09T21:43:24Z)

Stubborn China needs to loosen grip on yuan to help global recovery

Finance ministers, central bankers and big-deal financiers have arrived in Washington for the annual Oktoberfest of economic policymaking, and in case you couldn't tell from the headlines over the past few days, they're plenty worried that the global ... (Source: St. Petersburg Times 2010-10-09T08:28:50Z)

Central bankers are huddling in search of a magic elixir to ward off deflation

Finance ministers, central bankers and big-deal financiers have arrived in Washington for the annual Oktoberfest of economic policy-making, and in case you couldn't tell from the headlines over the past few days, they're plenty worried that the global ... (Source: Washington Post 2010-10-08T04:05:10Z)

MONEY MARKETS-U.S. rates futures rise after payrolls data

CHICAGO/LONDON, Oct 8 (Reuters) - U.S. short-term interest rate futures rose to contract highs on Friday after a dreary U.S. jobs report reinforced the notion of a protracted period of rock-bottom rates. Across the Atlantic, euro funding costs climbed to ... (Source: Reuters 2010-10-08T15:53:50Z)

California Assembly approves full budget package

SACRAMENTO, California (Reuters) - California's Assembly approved early Friday a full package of budget legislation to balance the state's books by closing a $19 billion shortfall. The package must now be approved by the state Senate which was still ... (Source: Reuters 2010-10-08T13:09:11Z)

Stocks, Gold Drop as Dollar Rebounds Following Jobless Claims

Oct. 7 (Bloomberg) -- U.S. stocks fell, sending the Standard & Poor's 500 Index lower for a second day, while the dollar erased losses and gold slid from a record as a drop in jobless claims caused investors to question whether the Federal Reserve will ... (Source: BusinessWeek 2010-10-07T17:13:45Z)

Pitchers break bats, group plants trees

MINNEAPOLIS, MN -- Bad news for baseball bats is good news for trees. The Minnesota Twins and the state Department of Natural Resources teamed up this season to launch the "Break a Bat, Plant a Tree" promotion. Under the deal, 100 trees will be planted in ... (Source: KABC 2010-10-07T20:05:33Z)

Bruins-Coyotes Preview

After an impressive opening win, Radim Vrbata and the Phoenix Coyotes may wish they had more than one game left against the Boston Bruins in Prague. The Czech native was the offensive star of the Coyotes' fifth consecutive season-opening victory, and he'll ... (Source: ESPN.com 2010-10-09T21:43:24Z)

Amazon agrees to acquire a European private-sale retail site

Amazon.com Inc. has reached an agreement to acquire BuyVIP.com, a fashion and lifestyle online buying community with more than 6 million members in countries including Spain, Germany and Italy. Terms of the purchase, which was announced yesterday, were not ... (Source: InternetRetailer.com 2010-10-08T17:55:31Z)

Amazon reportedly buys Spanish website for $96.5 million

Seattle-based Internet retailer Amazon.com reportedly has signed a deal to take over a Spanish website known for selling overstock designer items from the likes of Gucci and Louis Vuitton. Amazon is to pay 70 million euros, or $96.5 million, for BuyVip ... (Source: Seattle Times 2010-10-05T22:38:15Z)

Mystery Continues to Surround UAE Blackberry Deal

The United Arab Emirates has announced it will not implement a ban on certain functions of the BlackBerry smartphone following "positive collaboration" with the device's developer Research in Motion (RIM). Details of the agreement, however, remain unclear ... (Source: Global Security 2010-10-09T21:00:27Z)

Bruins reportedly cut deal with heavyweight winger Brian McGrattan

Looking for a counterpunch to New York Rangers pugilist Derek Boogaard and other dreadnaughts in the Eastern Conference, the Boston Bruins have agreed to contract terms with Brian McGrattan, according to reports from Boston. The accord, reported by CSNNE ... (Source: Sporting News 2010-10-09T21:57:43Z)

Renault Sells Volvo Stock Valued at $4.39 Billion in Goldman-Managed Deal

Renault SA, which said last month that it wouldn't dispose of its Volvo AB stake soon, is selling 302.9 million Class B shares of the Swedish truckmaker in a deal managed by Goldman Sachs Group Inc., according to a term sheet sent to prospective ... (Source: Bloomberg 2010-10-06T17:43:35Z)

Schwarzenegger Signs California's $87.5 Billion Spending Plan

Oct. 8 (Bloomberg) -- California Governor Arnold Schwarzenegger signed into law a plan intended to spare the world's eighth-largest economy from having to issue IOUs for the second year in a row. The $87.5 billion budget erased a $19.1 billion deficit and ... (Source: San Francisco Gate 2010-10-09T07:17:15Z)

Nathan Deal's steady career leads to GOP bid

Elissa Eubanks, eeubanks@ajc.com Throughout his career, Deal, 68, has been the kind of cautious candidate who relies on a steady string of hits to score runs, rather than swinging for the fences. He casts himself as a proven leader and a consensus builder ... (Source: Atlanta Journal Constitution 2010-09-27T13:15:05Z)

Summary Box: UAE, BlackBerry resolve dispute

BAN AVERTED: The United Arab Emirates is backing off a threat of cut key BlackBerry services over security concerns on Monday. CONCESSIONS: The government says it has reached a deal with device maker Research in Motion Ltd., but it didn't elaborate. RIM ... (Source: AP - msnbc.com 2010-10-08T14:35:05Z)

US Sen. Scott Brown likens Conn. GOP Senate candidate's race to his surprise election in Mass.

MILFORD, CONN. — U.S. Sen. Scott Brown told a crowd of several hundred on Saturday that Connecticut voters can make history and shake up the Democratic establishment — just like when he was elected in Massachusetts — if they send Linda McMahon to ... (Source: Washington Examiner 2010-10-09T20:53:17Z)

Yen, Gold Advance on Fed Speculation; Aussie, Pound Strengthen

Thursday, October 7, 2010 Oct. 7 (Bloomberg) -- The yen strengthened to a 15-year high, the Australian dollar reached a record and precious metals rallied as investors pushed the U.S. currency lower on speculation the Federal Reserve will inject more money ... (Source: San Francisco Gate 2010-10-07T21:24:18Z)

NBC reaches deal with Churchill Downs Inc. to keep Kentucky Derby rights through 2015

NEW YORK — The Kentucky Derby will remain on NBC through 2015. Churchill Downs Inc. and NBC Sports reached a five-year agreement in principle to extend the network's exclusive rights to air the Run for the Roses, which has been on NBC since 2001. The two ... (Source: Washington Examiner 2010-10-07T19:15:27Z)

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