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 / June 28, 2011, 10:51 pm

How many years he gets may determine the prison where Blagojevich will serve his time

An influx of inmates caused the change. And an overloaded prison system means Blagojevich will have to deal with a new reality: lack of privacy. Fawell said his family could only eat from a vending machine in the room; they couldn't bring food into the ... (Source: Chicago Sun-Times 2011-06-29T05:32:56Z)

Dodgers Didn't Have Authority to File Bankruptcy, MLB Says

"These cases were commenced in an attempt by Mr. McCourt to circumvent the club's obligations under its constituent, governing documents, and to have this court approve additional debt financing and sale of key ... rights deal, according to court ... (Source: Bloomberg 2011-06-28T18:20:03Z)

Battle over Dodgers moves on in bankruptcy cout

The Dodgers have blamed their bankruptcy filing on Commissioner Bud Selig's refusal to approve a multibillion-dollar TV deal with Fox that McCourt was counting on to keep the franchise afloat. McCourt gained approval from Judge Kevin Gross to enter into a ... (Source: Pioneer Press 2011-06-29T05:11:27Z)

Lawmakers stand at doorstep of shutdown

ST. PAUL — Today is the day for a state budget deal, key negotiators say, if one is possible before a Friday government shutdown. "We recognize time is growing short," Gov. Mark Dayton said when leaving budget talks Tuesday. "We recognize (today ... (Source: Duluth News Tribune 2011-06-29T04:49:59Z)

Matthews: Bush Caused Recession, But Let's Not Quibble Over Which Party Can't Get Us Out of It

It's a no-brainer for the average taxpayer. It's simple. If there has to be pain to keep this country solvent so we don't go the way of Greece, where do we come up with the deal? Do we sock it to the people who are old and sick or to the people making ... (Source: News Busters 2011-06-29T05:04:18Z)

A Look at Google+ – The Long-Awaited Google Social Network

whose spray and pray method that – while it looks beautiful – increases the likelihood that something won't pan out. A weighed-down, high learning-curve new service isn't likely to win customers. Google's mission in social is a big deal ... (Source: Searchengine Journal 2011-06-29T05:11:27Z)

Google Introduces Facebook Competitor, Emphasizing Privacy

The debut of Google+ will test whether Google can overcome its past flops in social networking, like Buzz and Orkut , and deal with one of the most pressing challenges facing the company. At stake is Google's status as the most popular entry point to the Web. (Source: New York Times 2011-06-28T20:43:13Z)

South Carolina 2, Florida 1

Nick Maronde (0-1) took the loss -- the first in 47 games for Florida (53-18) in which it had led after the seventh inning. The Gamecocks reached the finals on Friday with a 3-2, 13-inning win over Virginia in which Adam Matthews scored the winning run ... (Source: ESPN.com 2011-06-28T12:07:49Z)

NFL going forward with plans for another TV package

Another prime-time deal could be worth north of $500 million. However, the current rights holders will likely want some sort of concession from the league for their next contracts. The addition of more evening contests has the potential to dilute the value ... (Source: Los Angeles Times 2011-06-27T20:37:15Z)

Plan offers Medicare cost cuts

While the plan is expected to meet strong resistance, some of its elements could be incorporated into a bipartisan deal. The senators' proposal would increase the Medicare eligibility age, now 65. It would go up two months each year, beginning with ... (Source: Times-Leader 2011-06-29T05:11:27Z)

Rutten: The Dodgers, the McCourts and the errors of their ways

He fancied himself as a serious bidder for the Red Sox in 2001 when the Yawkey Trust put the team up for sale, but nobody in Boston took McCourt seriously because he didn't have enough of his own money." The subsequent deal that handed McCourt and his now ... (Source: Los Angeles Times 2011-06-29T05:04:18Z)

Lawmakers back off raising alcohol level allowed in beer

A proposal that had been part of the state budget bill would have raised the alcohol ceiling on beers allowed for sale in Ohio from 12 percent to 18 percent, but a conference committee of the Ohio General Assembly that worked late into the night Monday ... (Source: Dayton Daily News 2011-06-29T04:49:59Z)

Coach: Gators know how to bounce back from loss

Nick Maronde (0-1) took the loss - the first in 47 games for Florida (53-18) in which it had led after the seventh inning. Taylor walked Zunino leading off the ninth, and Brian Johnson ripped a single after initially trying to move Zunino over with a sacrifice. (Source: Miami Herald 2011-06-29T05:25:46Z)

Goodell & Smith say it's time to start talking

Yet Detroit Lions defensive end Lawrence Jackson said he believes there still isn't enough urgency to reach a deal on a new collective bargaining agreement — not yet. "From a business perspective, nobody is losing anything right now," Jackson said ... (Source: Times-Leader 2011-06-29T05:32:56Z)

Jury convicts ex-Ill. Gov. Blagojevich at retrial

Why did authorities not wait until the governor actually made a deal for the Senate seat? Doing so might have helped ensnare other conspirators. A U.S. Senate seat "should not be put up for sale. You should not let the sale happen. ... Our job is to try to ... (Source: RealClearPolitics 2011-06-29T05:04:18Z)

NFL: Smith, Goodell to speak to rookies

Detroit Lions defensive end Lawrence Jackson said earlier Tuesday he believes there still isn't enough urgency to reach a deal on a new collective bargaining agreement — not yet. "From a business perspective, nobody is losing anything right now ... (Source: St. Cloud Times 2011-06-29T05:25:46Z)

Injury Alert for Nadal; Fab Four Close in Wimbledon Semifinal Showdown

MRI = huh?, according to Nadal. I don't know, but something still doesn't seem right. To be clear I don't think he faked the injury, he just made a bigger deal about it than it needed to be. As for the match against Fish, if he is 100% OK I think he ... (Source: Tennis-X.com 2011-06-29T05:04:18Z)

BofA Said to Keep Some Office Space at Brookfield's World Financial Center

Bank of America Corp. (BAC) tentatively agreed to keep about 750,000 square feet of space at lower Manhattan's World Financial Center, less than a sixth of its current lease, three people familiar with the discussions said. The Charlotte , North Carolina ... (Source: Bloomberg 2011-06-29T05:18:37Z)

Deals of the Hour / June 28, 2011, 8:47 pm

Bankruptcy judge clears way for $150-million loan to Dodgers

McCourt appears to be gambling that U.S. Bankruptcy Court Judge Kevin Gross will accept his argument that a lucrative long-term broadcast deal would lead to solvency and pay off creditors. McCourt had such a deal with Fox Sports , but the league did not ... (Source: Los Angeles Times 2011-06-29T03:31:14Z)

Lagarde faces policy dilemmas as IMF chief

She has a reputation for sealing deals under pressure — during talks among the G20 nations in February she brought China into a compromise deal on ways to measure economic imbalances. She proved her negotiating stamina a decade ago as the first female ... (Source: The Vancouver Sun 2011-06-29T03:09:46Z)

Dodgers Didn't Have Authority to File Bankruptcy, MLB Says

The Dodgers, which need cash to make payroll in two days, proposed using the bankruptcy financing to support operations while trying to complete a television-rights deal, according to court documents. Baseball Commissioner Bud Selig last week rejected a ... (Source: Bloomberg 2011-06-28T18:20:03Z)

Lagarde set to win IMF post as US offers support

Assuming Lagarde gets the official nod, she will have to immediately deal with further IMF-EU financing to keep Greece afloat and focus on potentially thorny IMF "spillover reports" that analyze the economic and policy actions of the world's major economies. (Source: Bangladesh News 24 hours 2011-06-29T03:31:14Z)

Rutten: The Dodgers, the McCourts and the errors of their ways

The subsequent deal that handed McCourt and his now-estranged wife ... "The economic fallout from this sort of fan dissatisfaction is only going to grow," David Carter, executive director of USC's Sports Business Institute, told me this week. (Source: Los Angeles Times 2011-06-29T02:55:27Z)

Villas-Boas set for Chelsea unveiling

AC Milan and Juventus are said to be interested in the 28-year-old, signed by Mourinho from Lyon in a £24m deal in 2005. However, Essien's agent Fabien Pivateau insisted his client was going nowhere and already had a good relationship with the new Chelsea boss. (Source: espnstar.com 2011-06-29T02:55:27Z)

Treasurer says Democrats' budget unconstitutional

The letter provides a preview of how Christie plans to deal with the Democratic proposal and how he will defend his refusal of elements of the plan on a constitutional, rather than a policy basis. Democrats responded last night that they are not obligated ... (Source: NorthJersey.com 2011-06-29T02:48:17Z)

Former federal prisoners: Blagojevich in for a shock

Loren-Maltese also warns Blagojevich that high-profile prisoners get the worst jobs at prison. She says he should expect to clean the toilets. The former federal prisoners all say they have great deal of sympathy for Blagojevich's children. (Source: KABC 2011-06-29T03:02:36Z)

Supreme Court OK With Violent Video Games; Porn Still Illegal (for Minors)

Does it become action as well as expression? Where is the line between reality and fantasy, and do games blur that line? Robert B. Marks, in The Escapist magazine, noted that the military has for years been using more and more realistic technology to ... (Source: AlterNet 2011-06-29T03:24:05Z)

Hotline: You-pick blueberries, bridal gown discount and a home for Beanie Babies

At the time, she stated everything would be sold at a "great discount." The store is scheduled to close ... Kappa Kappa Sigma helps supply Santa Claus with stuffed animals for Stone Belt clients. Harmony School uses them as prizes for its annual ... (Source: Herald Times 2011-06-29T03:02:36Z)

Laich inks 6-year, $27M deal to stay with Capitals

Also returning: The refreshing candor that made him an unmistakable presence in the locker room. The 28-year-old forward's deal was announced Tuesday, keeping him off the open market when the NHL free agency period begins Friday. "There was never a serious ... (Source: FOX News 2011-06-29T03:24:05Z)

Supreme Court strikes down California video game law

music and books that deal with topics that touch on violence.  "Today, the Supreme Court affirmed what we have always known," said Michael Gallagher, chief executive of the Entertainment Software Assn., a games industry group, "that free speech ... (Source: Los Angeles Times 2011-06-27T19:11:21Z)

Canada Post workers back on the job

Canada Post is not sure how much mail is currently backlogged but said the Crown corporation is working quickly to deal with the matter. In contrast, mail carriers such as Piper, say Canada Post is reticent to have employees work overtime and mailrooms ... (Source: Regina Leader-Post 2011-06-29T03:24:05Z)

Minot works to boost spirits, begin recovery

In the end, Grand Forks became a "far more beautiful, more vibrant city than it was before," he said. "I'm very hopeful that, coming out of this, Minot will be even more robust than it is right now." he said. "I'm confident of that." (Source: Grand Forks Herald 2011-06-29T02:48:17Z)

Deals of the Hour / June 28, 2011, 6:48 pm

No Canadians hurt in Kabul hotel attack

The Intercontinental may be a faded glory, with cracks in many walls and a dark, musty interior, but it had not been attacked in recent years. The hotel can only be entered by a single road that has multiple, fortified checkpoints. (Source: The Vancouver Sun 2011-06-29T01:15:14Z)

Shia LaBeouf: 5 Things You Didn't Know

Here are five things to know about LaBeouf: 1. He got his start on Disney Channel. Now that LaBeouf has become a successful movie actor, it might be easy to forget that his big break came on Disney Channel's series Even Stevens. LaBeouf starred as the ... (Source: Hollywood Reporter 2011-06-29T00:53:46Z)

Spillover of China's Trade Violations Feared

One such sale was the Volvo sale by Ford Motor Co. to China's Zhejiang Geely Holding Group Co. Ltd., an automaker, for $1.8 billion. The Chinese company understood how to bargain and got a sweet deal, considering that Ford paid $6.4 billion for Volvo in 1999. (Source: The Epoch Times 2011-06-29T01:08:05Z)

1st lawsuit filed over Amtrak train crash in NV

Workers are picking through the blackened mix of sand, bones, and twisted metal in a grim search that may lead them to more remains. Jim Bickley, a property manager from El Dorado Hills, Calif., was sitting in the Zephyr's glass observation car with his ... (Source: Central Florida News 13 2011-06-29T00:10:49Z)

How the World Works - Greece

But the buyers of those bonds are taking a known risk - that's why they buy for a big discount. If governments take that risk away, then we are giving the speculators free money for helping to destabilize the system in the first place as they badmouth the bonds. (Source: DAILY KOS 2011-06-29T00:32:17Z)

MLB 'probably' will try to seize cash-strapped Dodgers

The other removes certain milestones in the financing agreement regarding the sale of the team's broadcast rights. Those milestones included weekly updates on the team's effort to license its broadcast rights, and a July 29 deadline to agree on a process ... (Source: CBS Sports 2011-06-29T01:15:14Z)

Los Alamos scurries to protect nuclear lab from fire

It is safer where it is," he said. The fire, believed to have been ignited Sunday by a fallen power line, has consumed nearly 61,000 acres of thick pine woodlands in the Santa Fe National Forest, which surrounds the lab complex and adjacent town of Los ... (Source: YAHOO! 2011-06-29T00:39:27Z)

Shia LaBeouf: 'I'm Learning How To Edit Myself'

At Tuesday night's "Transformers: Dark of the Moon" premiere in New York City, the actor revealed to Access Hollywood he is going to start censoring himself. "I just turned 25," the actor said, referring to his birthday, on June 11, while on the red carpet. (Source: Access Hollywood 2011-06-29T00:39:27Z)

Afghan police: 7 killed in Kabul hotel attack

The hotel sits on a hill overlooking the city and streets leading up to it were blocked. The scene was dark as electricity at the hotel and the surrounding area was out. Azizullah, an Afghan police officer who uses only one name, told an Associated Press ... (Source: USA Today 2011-06-29T01:08:05Z)

The Best Smartphone Stock? Not Apple

Even though HTC has more robust growth prospects, the stock trades for only about 12 times 2011 earnings estimates, a discount to Apple's P/E of about ... with the Thornburg International Value fund in Santa Fe, N.M., said that HTC should be growing ... (Source: WIBW 2011-06-29T00:10:49Z)

NATO helicopters end Kabul hotel siege; 6 dead

The hotel sits on a hill overlooking the city and streets leading up to it were blocked. The scene was dark as electricity at the hotel and the surrounding area was out. Azizullah, an Afghan police officer who uses only one name, told an Associated Press ... (Source: Union-News & Sunday Republican 2011-06-29T00:46:36Z)

Wildfire Moves Closer Towards New Mexico Nuclear Lab

Tom Udall, D-N.M., who visited evacuees at the Santa Claran Hotel Casino in Espanola. "When you combine all of those together, (it's) very explosive." (Source: FOX News 2011-06-29T00:53:46Z)

Rutten: The Dodgers, the McCourts and the errors of their ways

He fancied himself as a serious bidder for the Red Sox in 2001 when the Yawkey Trust put the team up for sale, but nobody in Boston took McCourt ... fan dissatisfaction is only going to grow," David Carter, executive director of USC's Sports Business ... (Source: Los Angeles Times 2011-06-29T01:08:05Z)

Greece wants new bailout talks finished by fall

While Samaras supports cost-cutting measures and the sale of some government assets, he has called the thinking behind the austerity bill flawed. He says tax rates should be lowered rather than raised in order to stimulate an economy in recession. (Source: Times and Democrat 2011-06-27T20:01:27Z)

Shia LaBeouf says his run in 'Transformers' ends on a high note

MOSCOW — As he promoted "Transformers: Dark of the Moon" at the film's world premiere the other day in the Russian capital, Shia LaBeouf seemed more interested in talking about making a big chunk of the movie in Chicago last summer. "At least I ... (Source: Chicago Sun-Times 2011-06-29T00:46:36Z)

Peter Facinelli Making 'Whitey' Bulger Movie

We have a script and everything ready." He said that James "Whitey" Bulger's arrest in Santa Monica June 22 made the country aware of the notorious mobster -- and gave the story an ending. Before the arrest, there were all kinds of rumors about Bulger ... (Source: TheWrap 2011-06-29T00:32:17Z)

Battle over Dodgers moves on in bankruptcy court

The other removes certain milestones in the financing agreement regarding the sale of the team's broadcast rights. Those milestones included weekly updates on the team's effort to license its broadcast rights, and a July 29 deadline to agree on a process ... (Source: NBC Sports 2011-06-29T00:39:27Z)

Los Alamos nuclear lab under siege from wildfire

"The risk of exposure is so small," he said. "I wouldn't sit here and inhale plutonium. I may be crazy, but I'm not dumb." Associated Press writer Barry Massey contributed to this report from Santa Fe, N.M. (Source: Associated Press 2011-06-29T01:29:33Z)

Michael Jackson's 'Thriller' jacket sells for $1.8 million at auction

It includes an inscription to them on the jacket's lining, and the sleeve is signed, "Love Michael Jackson." Its sale came exactly two years after the then 50-year-old Jackson was killed by a surgical anesthetic called Propofol, which a Los Angeles coroner ... (Source: Los Angeles Wave Newspapers 2011-06-29T01:29:33Z)

Truck Driver In Amtrak Crash Had Spotty Driving Record

RENO, Nev. -- Workers wearing hazmat suits dug through burnt-out rail cars and twisted metal on Monday at the scene of a horrific collision between a tractor-trailer and an Amtrak train as new details surfaced about the spotty driving record of the man at ... (Source: BayInsider 2011-06-28T04:08:13Z)

Survivors describe horrific Nevada Amtrak crash

Workers are picking through the blackened mix of sand, bones, and twisted metal in a grim search that may lead them to more remains. Jim Bickley, a property manager from El Dorado Hills, Calif., was sitting in the Zephyr's glass observation car with his ... (Source: Las Vegas Review Journal 2011-06-29T01:22:23Z)

Deals of the Hour / June 28, 2011, 4:49 pm

Business Highlights

The index covers metro areas that together make up about 50 percent of U.S. households. It measures sale prices of select homes in those cities compared with prices in January 2000. It then provides a three-month average. The April data is the latest available. (Source: KING-5 2011-06-28T22:59:14Z)

Sign up to bike through MetroWest, raise money to fight MS

On Saturday, July 16, "Bike MS: Minuteman Ride''  will offer fun, well-supported bicycle routes of 25 and 60 miles through several MetroWest communities. Organized by the National Multiple Sclerosis Society, Greater New England Chapter, the Minuteman Ride ... (Source: MetroWest Daily News 2011-06-28T22:59:14Z)

First Amendment Trumps California In Supreme Court Battle Over Violent Video Games

As a result, he said, the California law restricting the sale of gams to minors was within Constitutional bounds. Justice Breyer focused on the possible double standard between sex and violence. While the Court has upheld States' ability to restrict the ... (Source: Kotaku Australia 2011-06-28T23:20:42Z)

Lady Gaga sued over Japan earthquake charity bracelets

Michigan legal network 1800LAWFIRM also alleges that Gaga and other companies involved in the sale and marketing of the $5 white and red "We Pray for Japan" wristbands overcharged buyers on shipping costs and "artificially inflated reports of total donations". (Source: msnbc.com 2011-06-27T19:25:40Z)

Facebook sells 225,000 shares to GSV Capital Corp. ahead of anticipated IPO

The investment fund did not say how large its stake in Facebook is, compared with the company's overall ownership, and did not offer clues to the Palo Alto, Calif.-based social network's overall valuation. Facebook officials were unavailable for comment ... (Source: Los Angeles Times 2011-06-27T22:53:15Z)

Cloud showdown: Microsoft vs. Google?

Office 365's multi-tiered pricing plan is complicated (on the plus side, it could offer more choice for different sized businesses). And if it does succeed, Office 365 could risk cannibalizing its still hugely profitable traditional Office software suite. (Source: Fortune Tech 2011-06-28T13:55:12Z)

Supreme Court says Calif. can't ban violent video game sales

The Supreme Court says California cannot ban the rental or sale of violent video games to children. The high court agreed Monday with a federal court's decision to throw out California's ban on the sale or rental of violent video games to minors. (Source: Los Angeles Times 2011-06-27T15:50:55Z)

Goldman Sachs Targets 20% Brazil Hiring Surge for Complex Financing, LBOs

1 in the U.S., employs about 400 in Brazil. Among Goldman Sachs's current deals in Brazil is a 300 million reais ($189 million) convertible-bond sale by Minerva SA, Brazil's fourth-largest meat producer. The structure allows the company to sell debt ... (Source: Bloomberg 2011-06-27T14:46:29Z)

Lagarde To Head IMF, Face Europe Crisis

Most people think that the deals that have been cut so far on voting and representation ... Lagarde, appearing on France 's TF1 television today, called on Greece's opposition parties to offer support to the government as it seeks to slash the budget ... (Source: Bloomberg 2011-06-28T23:27:52Z)

Supreme Court lifts limits on sale of violent video games to minors

The Supreme Court on Monday struck down a California law that limited the sale of violent video games to minors, ruling the restriction violated the free-speech principles in the 1st Amendment. "Like books, plays and movies, video games communicate ideas ... (Source: Los Angeles Times 2011-06-27T16:55:20Z)

Lady Gaga denies Japan charity bracelet scam

They described a lawsuit targeting the pop star and other companies involved in the sale and marketing of the $5 white and red "We Pray for Japan" rubber bracelets as misguided and without merit. "This misguided lawsuit is without merit and unfortunately ... (Source: ABS-CBN 2011-06-28T23:27:52Z)

Your First Hit Of World Of Warcraft Now Free To Play Until Level 20

That's an offer tempting enough for me to give it another shot on my Battle.net account, which is thankfully down for maintenance. I can't get sucked into that right now! If WoW does grab you this time, you can grab the original game and its first ... (Source: Kotaku Australia 2011-06-28T23:06:23Z)

In Iowa, Palin says she still hasn't made up her mind about a 2012 bid

For a brief moment, Palin seemed like a candidate, praising Pella as a beautiful city, shaking hands with supporters, greeting children, signing books. She stopped to answer a question from a tea party activist and heaped praise on Iowa, the site of the ... (Source: Pioneer Press 2011-06-28T22:59:14Z)

Lady Gaga accused of fraud in Japan relief efforts

According to Japanese media, Lady Gaga has so far donated approximately $3 million to disaster zones in the northeast of Japan, most of that from the sale of the wristbands. The star was in Tokyo last weekend for a charity concert organized by MTV Video ... (Source: Big Hollywood 2011-06-28T23:13:33Z)

US message in drone strikes: If Pakistan doesn't take on Taliban, we will

even though conducting diplomatic relations with Pakistan can be a "very outraging experience," there remain compelling national security and regional stability reasons for the US to offer Pakistan substantial defense and development assistance. (Source: The Christian Science Monitor 2011-06-28T22:59:14Z)

Women's World Cup

Nations like Australia, Canada, England, France, and Mexico will be more competitive than they've ever been, while even a newcomer like Equatorial Guinea will offer a bright light of the game's future in Turbine Potsdam's Genoveva Añonma. On the field as ... (Source: FOXSports.com 2011-06-27T17:52:36Z)

Microsoft Leads Industry Heavyweights in U.K. White Space Trial

We can't make more and we must use it efficiently and wisely. The TV white spaces offer tremendous potential to extend the benefits of wireless connectivity to many more people, in more locations, through the creation of super Wi-Fi networks." A statement ... (Source: Motley Fool 2011-06-27T17:38:17Z)

Lagarde wins IMF top job, presses Greece on crisis

Her skills as a tough negotiator with a reputation for sealing deals under pressure will carry weight as she ... The IMF may decide not to offer Lagarde a contract until the court makes a final decision, one board source said. (Editing by Paul Simao ... (Source: msnbc.com 2011-06-28T22:52:04Z)

Office 365 vs. Google Apps vs. Zoho

E-mail attachment sizes are limited to 25MB. Office 365: The basic 365 plans provide 25GB of e-mail storage, but the more expensive plans offer unlimited storage. Attachment file sizes are limited to 35MB. Office documents are stored in SharePoint Online ... (Source: ReadWriteWeb 2011-06-28T23:35:01Z)

GSV investment values Facebook at $70 billion

GSV did not disclose how it acquired the shares, but exchanges like SharesPost and its larger rival, SecondMarket, facilitate private deals between those who own stock in private ventures -- often early employees and investors -- and eligible buyers. (Source: CNN Money 2011-06-27T20:58:43Z)

Deals of the Hour / June 28, 2011, 2:50 pm

Wall Street's View: Apple's Next iPhone

The WSJ's own Yukari Kane and Ethan Smith first reported on the less-pricey iPhone back in February . Deutsche Bank says that Apple could offer an unlocked version of the iPhone 4S with a prepaid voice plan, similar to the 3G data plan offered with Apple ... (Source: Wall Street Journal 2011-06-27T16:48:11Z)

Newest Flyers ready for a big impact

Wayne Simmonds owns that number now, and when he pulled on the sweater for the first time Tuesday, the reality of last week's big, bold deals hit Philadelphia ... Voracek came over from Columbus in the Carter deal. The Flyers also acquired a first-round ... (Source: Allentown Morning Call 2011-06-28T21:40:29Z)

A Little Brother for iPhone 5: Why Apple Might Do It

To really appeal to that audience, they need a lower-priced device." If Apple wants to stop Android from eating up an every-increasing slice of the global market, it needs to offer something to people who aren't able to spend almost $1,000 on a phone. (Source: PC Magazine 2011-06-28T21:19:01Z)

Los Angeles Dodgers File For Chapter 11 Bankruptcy, Seek Television Deal

The Dodgers, which need cash to make payroll in two days, have a $150 million financing commitment to support operations while trying to complete a television-rights deal, according to court documents. Major League Baseball Commissioner Bud Selig last week ... (Source: Bloomberg 2011-06-28T08:54:33Z)

The "Shoot" Heard Round the World

You could have substituted Dixie Carter, Vince Russo, and Bubba the Love Sponge into ... and only a fraction of the WWE's main fanbase will understand why it's a big deal. My gut tells me that this is all somewhere between out-of-control shooting ... (Source: Wrestle Zone 2011-06-28T21:19:01Z)

Google takes on Facebook

That offering could presumably offer marketing opportunities to online retailers. About half of Facebook's active users access the site via their mobile phones. Google seems to recognize that having a significant mobile presence is crucial to Google+'s ... (Source: InternetRetailer.com 2011-06-28T21:33:20Z)

New iPhone Most Definitely Coming, Eventually

Whitmore, via Fortune's Philip Elmer-DeWitt , doesn't offer sourcing for his prediction ... would be a big hit in international markets where the phone isn't a big deal yet. And presumably the iPhone 5 will satisfy the rest of us. (Source: All Things Digital 2011-06-27T12:01:51Z)

U.S. Stock Futures Advance Amid Optimism About Greece Crisis

U.S. stock futures advanced, indicating the Standard & Poor's 500 Index may rise a second day, amid optimism that a deal can be reached to help Greece avoid defaulting on its debt. Citigroup Inc. gained 0.3 percent, while Bank of America Corp. rose 0.6 percent. (Source: Bloomberg 2011-06-28T14:23:50Z)

Schenn ready to make good on massive potential

Mike Richards went to Los Angeles in the deal that brought Schenn and Simmonds to Philadelphia. Richards was the Flyers' captain, an NHL All-Star and a member of Canada's 2010 Olympic gold-medal team. It's ironic that Schenn and Richards were involved in ... (Source: NHL.com 2011-06-28T21:26:10Z)

Pakistan detained, then released, many after bin Laden raid

Wazir Dill, a doctor who'd treated children from the bin Laden house at his Abbottabad clinic, and a health worker, Bakht Jan, who'd visited the house to offer vaccinations for the children (she wasn't let in), were among those arrested and then set free. (Source: McClatchy 2011-06-28T21:33:20Z)

Israel Begins Dismantling Portion of West Bank Barrier

Nobel Peace Prize laureates Jimmy Carter and Desmond Tutu are among the notables who have participated. Naalin started similar marches three years ago. The Bilin protests, attended by villagers as well as Israeli and international activists, usually ... (Source: FOX News 2011-06-26T14:54:50Z)

Dodgers win court approval for $60 million bankruptcy loan

The teamed has blamed Major League Baseball for the bankruptcy by rejecting a television deal that would have provided an urgent injection of cash as millions of dollars in debt and deferred compensation came due later this week. An attorney for the ... (Source: NBC Sports 2011-06-28T21:33:20Z)

Deal Reached on Dodger Financing

Last week, Commissioner Bud Selig rejected a cable television deal between the Dodgers and Fox that was valued as high as $3 billion, a move that McCourt claims forced him to file for bankruptcy. Under the terms of the $150 million interim loan ... (Source: New York Times 2011-06-28T21:26:10Z)

Google attempts to take on Facebook with new social networking service Google+

Its focus is on sharing with small groups rather than your entire universe of friends. (That's probably what led Google to offer to buy Dave Morin's Path ). It's initially only open to a limited number of Google users who will eventually be able to invite others. (Source: Los Angeles Times 2011-06-28T21:33:20Z)

Obama, Biden Plan Debt Session With Senate Dems

But about what? To be sure, neither McConnell nor Obama is fond of small talk. Obama and Democrats insist that for there to be a deal on reducing long-term deficits, any agreement must include some tax increases on the wealthy or on corporations ... (Source: ABC News 2011-06-28T21:33:20Z)

Newest Flyers don't feel added pressure

"I'm just going to come in and play my game," said Simmonds, who was wearing No. 17 -- Carter's former number. "My game speaks for itself. I'm a rough and tumble winger, go up and down the wall, take pucks to the net. That's what I'm good at and that's ... (Source: FOX News 2011-06-28T21:19:01Z)

Casey Anthony's Family Gives Shocking Testimony

"I was quite angry, it was the first time I heard anyone in my family offer up they were willing to look for a deceased Caylee," Lee said. However, in a shocking statement, Cindy then took the stand and denied telling the private investigators to ... (Source: Radar Online.com 2011-06-28T21:33:20Z)

Delay Medicare eligibility: Coburn and Lieberman

But he challenged his party orthodoxy earlier this year when he said he was willing to include higher revenues as part of any deficit-reduction deal. The plan the two men ... from selling Medigap policies that offer first-dollar coverage. (Source: Huffingtonpost.com 2011-06-28T21:26:10Z)

Google targets Facebook with new social service

Google+ will also offer a special video chat feature, in which up to 10 people can jump on a conference call. And Google will automatically store photos taken on cell phones on its Internet servers, allowing a Google+ user to access the photos from any ... (Source: msnbc.com 2011-06-28T21:26:10Z)

Deals of the Hour / June 28, 2011, 12:45 pm

Dodgers Go to Court for Bankruptcy Loan as McCourt Seeks Television Deal

The Dodgers, which need cash to make payroll in two days, have a $150 million financing commitment to support operations while trying to complete a television-rights deal, according to ... The Dodgers will pursue a sale of the TV rights while in bankruptcy ... (Source: Bloomberg 2011-06-28T05:55:36Z)

Shia LaBeouf On Hooking Up With Megan Fox And 5 Other Quotables From Details Profile

The "Transformers: Dark of the Moon" star, whose new movie hits theaters tomorrow, opened up to the magazine about fame, family and future projects, but it's his comments about ex co-star Megan Fox (trust us, we were just as shocked as you) that are ... (Source: MTV.com 2011-06-28T19:24:29Z)

Shia LaBeouf spills on Megan Fox hookup in new Details interview

In the new issue of Details, conveniently timed to coincide with the Friday (July 1) of his new movie, "Transformers: Dark of the Moon," star Shia LaBeouf dishes on his extremely busy love life and finally admits that he did indeed hook-up with Megan Fox ... (Source: Hartford Courant 2011-06-28T19:31:38Z)

Greek police clash with austerity protesters

Labour unions launched a 48-hour strike to protest the measures and more than 5,000 police were deployed to the center of the capital to deal with the protests, with most attention focused on Syntagma Square in front of the parliament. The rally was ... (Source: msnbc.com 2011-06-28T19:24:29Z)

Dodgers Slide Into Chapter 11

In a final effort to convince Mr. Selig to approve the Fox deal, Mr. McCourt offered to put all of the proceeds ... MLB spokesman Pat Courtney said the commissioner has the right to approve television deals, adding "The commissioner didn't get Frank ... (Source: Wall Street Journal 2011-06-28T05:55:36Z)

Supreme Court will rule on nudity, profanity in prime-time TV

WASHINGTON -- The Supreme Court on Monday struck down a California law that limited the sale of violent video games to minors ... Roberts Jr. , applauded California's effort to deal with a "serious social problem: the effect of exceptionally violent ... (Source: Los Angeles Times 2011-06-27T17:16:49Z)

Bachmann: 'Scare Tactics' in Debt Ceiling Issue

The three-term congresswoman from Minnesota said the U.S. could avoid a default by paying only the interest on U.S. obligations while lawmakers work on a deal to cut spending dramatically as part of a new debt ceiling. Such an approach has been derided as ... (Source: FOX News 2011-06-27T00:41:49Z)

UPDATE 2-China's Sun Art to raise up to $1.1 bln in HK IPO-term sheet

Nine cornerstone investors, including sovereign wealth fund Government of Singapore Investment Corp (GIC), will take up 40 percent of the IPO, paying a combined $420 million, sources with direct knowledge of the deal said. They said the offer was fully subscribed. (Source: Reuters 2011-06-28T05:26:58Z)

Supreme Court says Calif. can't ban violent video game sales

The Supreme Court says California cannot ban the rental or sale of violent video games to children. The high court agreed Monday with a federal court's decision to throw out California's ban on the sale or rental of violent video games to minors. (Source: Los Angeles Times 2011-06-27T15:50:55Z)

Egypt spy trials sour links with Israel

Cairo has already cut off supplies of natural gas to Israel and demanded it renegotiate a 2005 deal made with Mubarak that critics ... The Pentagon said June 11 U.S. arms deals made with Mubarak's regime remain in place -- for now, anyway. (Source: United Press International 2011-06-28T19:38:48Z)

Treasury Sells 5-yr Debt At 1.615%; Bonds Decline

Indirect bidders, a group that includes foreign central banks, purchased 37.6% of the sale, versus an average of 40.9%. Direct bidders, a group which includes domestic money managers, bought another 10.5%, compared to 9.8% on average. After the buyback ... (Source: FOXBusiness 2011-06-28T19:31:38Z)

Lady Gaga sued over Japan earthquake charity bracelets

Michigan legal network 1800LAWFIRM also alleges that Gaga and other companies involved in the sale and marketing of the $5 white and red "We Pray for Japan" wristbands overcharged buyers on shipping costs and "artificially inflated reports of total donations". (Source: KWCH.com 2011-06-28T19:38:48Z)

GSV investment values Facebook at $70 billion

GSV did not disclose how it acquired the shares, but exchanges like SharesPost and its larger rival, SecondMarket, facilitate private deals between those who own stock in private ventures -- often early employees and investors -- and eligible buyers. (Source: CNN Money 2011-06-27T20:58:43Z)

New Investor for Facebook, at a Discount.

As if Facebook needs the money. Investment firm GSV Capital Corp. has paid $6.6 million to acquire 225,000 shares of privately-held Facebook, a move that values the social networking giant at close to $30 a share, our Dow Jones Newswires colleagues are ... (Source: Wall Street Journal 2011-06-27T12:37:39Z)

Court rejects ban on violent games

WASHINGTON – States cannot ban the sale or rental of ultraviolent video games to children, the Supreme Court ruled Monday, rejecting such limits as a violation of young people's First Amendment rights and leaving it up to parents and the multibillion ... (Source: The Spokesman-Review 2011-06-28T19:31:38Z)

Bachmann Opens Campaign as Expectations Grow

The Iowa Straw Poll on Aug. 13, which she described as "a big deal" to an audience of admirers here, will be the first test of the depth of Mrs. Bachmann's support. She has brought on a team of new strategists, several of whom were at the side of ... (Source: New York Times 2011-06-28T19:17:19Z)

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