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 22, 2011, 10:42 pm

Obama to unveil plan for Afghanistan troop withdrawal

While the United States has embraced efforts to find a political settlement with the Taliban, officials acknowledge a peace deal may be far in the future even if one could be had. Obama is mindful of the American public's lack of support for the war as he ... (Source: msnbc.com 2011-06-22T17:08:26Z)

There is no quick fix for Cleveland Cavaliers in 2011 NBA Draft: Bud Shaw's Sports Spin

This NBA Draft, though, doesn't lend itself to bold moves. The boldest, of course, would be to swing a deal that delivers the top two picks -- Irving and Williams. If that happens, Nick Gilbert should immediately suspend his father's Twitter app for fear ... (Source: Cleveland Plain Dealer 2011-06-23T05:25:44Z)

Markets Surge as Fear of a Greek Default Eases

"There is increased optimism that one, the prime minister will survive the confidence motion tonight and two, that will pave the way for austerity measures to be passed," said Nick Stamenkovic ... bank's policy to deal with an economy that shows ... (Source: New York Times 2011-06-22T16:11:10Z)

Ben's escape hatch

First, I'll deal with Hapless Ben. Yesterday, Bernanke's Federal Reserve Open Market Committee met and said pretty much what I and everyone else expected them to say: the economy is growing but not enough; inflation is too high but not for long ... (Source: New York Post 2011-06-23T04:35:37Z)

Top Women in India Banking Proving ICICI's Factory for CEOs Gender Neutral

Directors approved the funding, Vaghul says, and Reliance got the complex running again in about 20 days. After that, "Reliance loved to deal with her," he says. Kochhar, a badminton and Bollywood enthusiast, says her status as a mother once even ... (Source: Bloomberg 2011-06-23T04:57:06Z)

New camera technology on target to end out-of-focus photos Tech talk Nick delorenzo

It's expected to be launched around the end of the year and slated to cost less than $500. Nick DeLorenzo is director of interactive and New Media for The Times Leader. Write to him at ndelorenzo@timesleader.com (Source: Times-Leader 2011-06-23T04:57:06Z)

Meet the Stealthy Start-Up That Aims to Sharpen Focus of Entire Camera Industry

It hopes to have a point-and-shoot model on sale later this year. The device will be "reasonably priced," but Lytro didn't offer further details. "It will be a competitively priced consumer product that fits in your pocket," Ng said. Of course ... (Source: All Things Digital 2011-06-22T05:19:45Z)

Analysis: Afghanistan drawdown has bipartisan backing

In a separate Pew poll two weeks ago, 60% said the Afghanistan and Iraq wars had contributed a great deal to the nation's debt, far more than the percentage who cited domestic spending increases or tax cuts. As Obama struggles with the economy, some of his ... (Source: USA Today 2011-06-23T05:11:25Z)

Fed must inject QE3 if US economy doesn't wakeup: Expert

That's going to be a key to market response. Q: Do you expect the Fed to deploy any kind of creative measures either within the scope of QE or outside to be able to deal with the weak data, the weakness in the economy and also are you in favour of QE3? (Source: MoneyControl.com 2011-06-23T05:11:25Z)

A Look Inside the Fed's Balance Sheet

"It appears JP Morgan Chase is a vampire squid as well. JPMorgan will pay a $153 million fine to settle Securities and Exchange Commission charges that it misled investors in a mortgage bond deal just as the housing market was about to crack. The SEC ... (Source: Minyanville 2011-06-22T15:06:44Z)

2011 NBA Draft Results: Reaction and Analysis for All the Night's Picks

And for others, the draft can be a deal-breaker. The wrong choice can kill a franchise for years. Witness the brilliant selections made the New York Knicks in the last half-dozen years. So tonight, Bleacher Report will break down every pick and offer up ... (Source: Bleacherreport.com 2011-06-23T04:57:06Z)

Frontier Orders 80 Airbus Jets After Bombardier CSeries Deal

Frontier Airlines parent Republic Airways Holdings Inc. (RJET) agreed to buy 80 upgraded Airbus SAS jets, adding planes similar to the Bombardier Inc. (BBD/B) CSeries model that the carrier ordered just last year. The letter of intent is for 40 A320neo ... (Source: Bloomberg 2011-06-22T14:45:16Z)

AirAsia to buy 200 A320neo plus 100 options: Sources

AirAsia is set to place a record order for 200 revamped A320neo jets plus 100 options in a USD 17 billion deal making the Malaysian carrier Airbus's largest airline customer, industry sources said. The deal is expected to be finalized at the Paris Air Show ... (Source: MoneyControl.com 2011-06-23T04:42:47Z)

Some Greeks wary of more fiscal medicine

Greece has promised to generate an additional $72 billion by selling off prime state assets, which many Greeks consider a fire sale of national patrimony. Mired in "debt trap"? While the commitment to austerity will allow Greece access to a fresh infusion ... (Source: Seattle Times 2011-06-23T05:04:15Z)

Bernie: Contract is sore subject with Pujols

They terminated contract discussions with the Cardinals. Lozano and Pujols had every right to pursue a deal that topped A-Rod's 10 years and $275 million, but make no mistake: This was a gamble. The Cardinals also took a risk by choosing to let Pujols ... (Source: St. Louis Post-Dispatch 2011-06-23T05:04:15Z)

Doyle McManus: A pivot point in Afghanistan

Instead, officials said, the objective is to negotiate a deal with the now-weakened Taliban, one that could see some of the Islamist insurgents return to a role in Afghanistan's government. A White House official said Obama hoped that Americans would see ... (Source: Los Angeles Times 2011-06-23T04:49:56Z)

Duke star may head to Cavs

With the collective bargaining agreement set to expire June 30 and owners and players far apart on a new deal, the possibility of a lockout and a shortened or canceled 2011-12 season remains. (Source: Times-Leader 2011-06-23T04:57:06Z)

BJP supports the done nuclear deal: Jaitley

Washington, June 23 (IANS) Opposition Bharatiya Janata Party (BJP) leader Arun Jaitley has defended his party's stand on the India-US nuclear deal saying that now that "it was a done deal" US firms should have no apprehensions about investing in India. (Source: Thaindian.com 2011-06-23T04:49:56Z)

Prosecutors Raise Possibility Casey Anthony Stole Accidental Drowning Defense From Jailmate

In Whalen's case, her son Isaiah was found Christmas Day 2007 by his grandfather at the bottom of a dirty pool that was dark green with large amounts of tree debris floating in it, according to the incident report. Attempts by the grandfather to perform ... (Source: FOX News 2011-06-22T09:51:46Z)

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