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 / May 30, 2011, 4:49 am

MSD paid fired official $140,000; Deal kept him quiet on waste allegations

Five months after firing its human resources director last year, the Metropolitan Sewer District paid him $140,000 as part of a settlement that required him to keep silent about allegations he'd made about waste, fraud and mismanagement within the agency ... (Source: Courier-Journal 2011-05-30T10:33:22Z)

MSD deal boosted pension; Executive was paid extra $27,580 in '08

For five months at the end of 2008, MSD paid its outgoing human resources director an extra $27,580 over 22 weeks to stay beyond her planned retirement date — a boost meant to keep her from getting smaller pension payments later. MSD's executive director ... (Source: Courier-Journal 2011-05-30T11:02:00Z)

Indy 500 win doesn't guarantee a ride for Wheldon

He tried to court new sponsors when his contract with Panther Racing wasn't renewed over the winter. He thought he had a deal in place to join a new team in January, but it fell through at the last minute. Rather than take a ride with a team he didn't ... (Source: Associated Press 2011-05-30T10:47:41Z)

Fukushima Risks Chernobyl 'Dead Zone' as Radiation Soars

Tepco has yet to decide how to deal with the plant site, Megumi Iwashita, a spokeswoman for the company said on May 26. The most cost-effective solution may be to allow the cesium to move down into the soil to decay, Kathryn Higley, a radiation health ... (Source: BusinessWeek 2011-05-30T11:09:09Z)

Pause at 3 p.m. to remember the fallen

I called my daughter to inform her of our discovery, and in a nonchalant, what's-the-big-deal voice, she said, "OK, Dad, how much did she take? I'll write a check." I told her the money isn't the problem. The fact that Wendy is stealing is the problem. (Source: Coloradoan 2011-05-30T10:54:50Z)

Islamist militants control 2nd Yemeni town

The fall of coastal Zinjibar, the capital of Abyan province, to self-styled holy warriors over the weekend came as Saleh's embattled government announced it had struck a cease-fire deal with tribal rivals in the capital, Sanaa. Officials described the ... (Source: United Press International 2011-05-30T11:09:09Z)

Senator urges red card for FIFA

Independent senator Nick Xenophon has urged Australia not to spend any more money on World Cup bids until FIFA's corruption investigation has been completed. The country splashed out Aus dollars 46 million (around £30 million) in an attempt to win staging ... (Source: ESPN Soccernet 2011-05-30T11:02:00Z)

United Way of Baldwin County and Project Rebound join forces to aid students

"United Way's focus is on education, health care and financial stability and the Medical Partnership is a beautiful tie-in for all those areas," Byrne said. "We know that we are making a major impact on students' lives like Leilani. Her life is ... (Source: Everything Alabama Blog 2011-05-30T11:30:38Z)

WRAPUP 1-EU racing to draft second Greek bailout, sources say

He also warned against a debt 'reprofiling', or voluntary extension of Greek bond maturities, saying it would be hard to get investors to agree to such a deal without the use of force. Euro zone governments are actively studying options for changing the ... (Source: Reuters 2011-05-30T11:16:19Z)

Analysis: After Portugal nod, Finland faces own fiscal timebomb

They declined to give an estimate of when a deal might be reached. The new government could in theory easily trim subsidies for rural areas and encourage mergers between thinly populated municipalities, as the parties with the strongest rural support base ... (Source: Reuters 2011-05-30T11:30:38Z)

The ECB still is against the idea of a restructuring

These could include direct intervention in tax collection and the sale of state-owned assets. This type of "help" is exactly what Greece needs at this stage of its financial rehabilitation; however it would be a big step that could jeopardise the ... (Source: FXStreet.com 2011-05-30T11:44:57Z)

European Stock-Index Futures Decline; Greek Banks, RWE May Move

European governments are in talks toward new bailout loans for Greece in a deal that would include outside intervention ... to raise as much as 741 million euros ($1.06 billion) in a sale of new and existing shares. The company, which scrapped plans ... (Source: Bloomberg 2011-05-30T11:23:28Z)

Europe stocks largely flat; E.On, RWE sag

Meanwhile, sovereign-debt issues stayed in the spotlight. A Financial Times report said European leaders are trying to negotiate a new bailout deal for Greece, one that would involve more outside intervention in its financial affairs. Greek Prime Minister ... (Source: MENAFN 2011-05-30T10:33:22Z)

Blog Archive