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, 2:43 pm

Official: Andre Villas-Boas appointed as new Chelsea manager

English powerhouse Chelsea has appointed former Porto coach Andre Villas-Boas as its new manager. The Portuguese tactician has signed a three-year deal with the London giants. Chelsea was in the market for a new manager ever since the departure of Carlo ... (Source: goal.com 2011-06-22T12:50:44Z)

The Real Reboot Greece Needs

If we fail to deal with them effectively, the achievements of decades of increasing integration and shared sovereignty in postwar Europe may no longer be taken for granted. Loukas Tsoukalis is a professor of European integration at the University of Athens ... (Source: New York Times 2011-06-22T11:31:59Z)

Qantas settles with Rolls-Royce

Rolls-Royce agreed to compensate the airline in a deal worth US $100 million, Qantas CEO Alan Joyce said at a news conference. The deal was signed Wednesday morning and the terms will be kept confidential, according to Joyce. The settlement brings to an ... (Source: CNN 2011-06-22T04:15:20Z)

UPDATE 2-Struggling Nokia revamps ops, reels in Navteq

Separately, Nokia said it had closed its deal to outsource its Symbian software business to Accenture , which will take care of its development until 2016. Some 2,800 Nokia staff will transfer to Accenture as part of the deal. (Source: Reuters 2011-06-22T08:18:43Z)

Libya's Misrata hit; China shifts toward rebels

In a sign of the increasing impact of the crisis on daily life, Gaddafi's state media issued instructions ordinary people should follow "to deal with the fuel shortage." They called on people to use public transport instead of cars, avoid using air ... (Source: msnbc.com 2011-06-22T13:40:50Z)

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)

Obama to unveil plan for Afghanistan troop withdrawal

The announcement caps weeks of speculation about the future of U.S. involvement in Afghanistan, nearly 10 years after the September 11 attacks on the United States that triggered the war in which U.S. and other Western forces have been unable to deal a ... (Source: YAHOO! 2011-06-22T21:04:39Z)

Did Nokia Win the Battle Against Apple, But Lose the War?

It's as if Nokia's CEO, Stephen Elop, is still working for his former employer, Microsoft (Nasdaq: MSFT ). He forged a deal with Microsoft to make Windows Phone 7 the primary operating system for Nokia phones. And now there are the rumors about Mr ... (Source: Seekingalpha.com 2011-06-22T13:19:22Z)

Boeing Unveils 787 Jet Under A Downpour Of Rain

With news conferences delayed, Airbus had to make due with just a written announcement for its first order of the day, a deal for six A350 long-range jets from Kuwaiti leasining company ALAFCO. Boeing, meanwhile, showcased its 787 jet, dubbed the ... (Source: NPR News 2011-06-22T10:27:34Z)

Obama to unveil plan to withdraw troops from Afghanistan

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 2011-06-22T05:05:26Z)

Qantas, Rolls Royce reach settlement

Qantas CEO Alan Joyce said Wednesday that the Australian airline has accepted a settlement offer from Rolls Royce of 95 million Australian dollars ($100 million). In November, a Rolls Royce engine on a Qantas A380 disintegrated shortly after takeoff from Singapore. (Source: Denver Post 2011-06-22T02:49:26Z)

Pakistan Army Officer's Suspected Militant Links Raise Fresh Fears

Other countries such as Britain, Australia and the U.S. – where free speech and association laws offer some protection – just monitor it closely. Britain is currently reviewing the group's status in the hopes of implementing a ban. Home Secretary ... (Source: Huffingtonpost.com 2011-06-22T21:26:08Z)

Nelson Mandela welcomes Obamas on Africa tour

Michelle Obama was following in the footsteps of thousands of tourists to South Africa by taking her family to the Nelson Mandela Foundation in Johannesburg to learn about apartheid when she had an offer of the best history lesson of all – to meet the ... (Source: The Guardian 2011-06-22T04:15:20Z)

Villas-Boas resigns from Porto

Villas-Boas is expected to sign an initial two-year deal with Chelseas, with star striker Falcao tipped to follow him. The Colombia international set a new goalscoring record for the Europa League last season, netting 17 goals in 14 games as Porto won the ... (Source: ESPN Soccernet 2011-06-22T06:31:20Z)

US STOCKS-Wall St set for slightly lower open; Fed decision eyed

NEW YORK, June 22 (Reuters) - U.S. stocks were set for a lower open on Wednesday as investors were cautious about the direction the Federal Reserve would take to deal with renewed weakness in the economy. U.S. stocks posted gains for the fourth straight ... (Source: Reuters 2011-06-22T12:43:34Z)

Cavs have options, starting with Irving at No. 1

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. Many of the players Wednesday were asked what they would do if ... (Source: AP - NBC Sports 2011-06-22T20:57:30Z)

Obama Navigates Math and Politics With Afghan Troop Withdrawal

Fifty-seven percent say the war has contributed to the long-term security of the United States. But far fewer, 25 percent, say it has contributed "a great deal," which is the kind of payback many want to see, given the war's steep price tag. The United ... (Source: ABC News 2011-06-22T21:11:49Z)

Derrick Williams will be front and center/forward in NBA draft

Of course, above and beyond questions about him are questions about an actual NBA season. A lockout is pending if a new labor deal between the players and owners is not struck by June 30. If there is a lockout, Williams says, he could always go back to ... (Source: Los Angeles Times 2011-06-22T03:03:45Z)

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