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 23, 2011, 12:44 pm

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)

Biden Group Members Oppose Short-Term Debt Limit Extension

Durbin said he would support a deal with an initial "serious down payment" on deficit reduction, combined with a short-term debt-limit increase. He said that could be followed by a larger package to curb deficits that would reach at least $4 trillion ... (Source: BusinessWeek 2011-06-22T23:27:49Z)

Serena comeback gathers pace after sticky start

That's all. That's all I can do right now." More used to playing her matches on the enclosed surroundings of Center Court, Williams took a while to find her range as the wind swirled and dark clouds loomed above the snug 4,000-seater arena. She later ... (Source: FOX News 2011-06-23T19:23:15Z)

How to Benefit from Depressed Housing and a Declining Dollar

For many foreigner buyers, the depressed US housing market, combined with the falling value of the US dollar, has moved American homes and condominiums to the discount shelf ... [insert chart – real bargain] That's a big reason why Brazilians are ... (Source: The Business Insider 2011-06-23T19:30:24Z)

Coalition Calls for 'Cut, Cap, And Balance' on Capitol Hill

LL: Based on the schematics of the House, Tea Party members are not necessary to pass a debt ceiling deal. As long as GOP House Leadership can get the moderates on both sides of the aisle to agree, (as they did with the passage of the 2011 budget), they ... (Source: CNBC 2011-06-22T20:36:01Z)

Googleopoly: The Definitive Guide To Antitrust Investigations Against Google

Plenty of opponents lined up against the deal, but Google won FTC approval in December 2007 and later EU approval in March 2008. Some background stories: In November 2008, Google pulled out of a proposed deal to power Yahoo's search results, over fears ... (Source: Searchengineland.com 2011-06-23T19:23:15Z)

American Said to Be In Talks for 100 Airbus Single-Aisle Planes

Airlines typically buy planes at a discount. "We assume AMR is attempting to seek out ... No major U.S. airline has yet ordered from the A320neo family, so a deal with American would bolster Airbus's efforts to market the model to other large carriers. (Source: Bloomberg 2011-06-23T10:55:01Z)

Report: Porto's Radamel Falcao could follow Andre Villas-Boas to Chelsea

Falcao has a contract until the summer of 2013 with Porto, but has a minimum fee release clause of €30 million inserted into his deal. Chelsea appear to be ready to meet the terms and is willing to offer the 25-year-old an annual salary of €5.7m. (Source: YAHOO! 2011-06-23T12:13:45Z)

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)

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)

Potter Adventures To Be Continued... Online

"It was right for me and Harry to go at it ourselves," Rowling said about the deal. The author also said she was inspired by the hundreds of letters she received every week from fans around the world and wanted to "give something back." The Potter series ... (Source: KCRA.com 2011-06-23T19:30:24Z)

Google facing wide-ranging US antitrust probe: WSJ

Several online travel sites, including Expedia, Kayak and Travelocity, had sought to block the Google-ITA deal, claiming it would give Google too much control over the lucrative online travel market and lead to higher prices. In late March, the FTC reached ... (Source: The Vancouver Sun 2011-06-23T19:30:24Z)

Stocks Cut Losses On Greek Deal Pipe Dream

A Reuters report Thursday afternoon said Greece has reached a deal with the European Union and the International Monetary Fund on a new five-year austerity program, helping Wall Street shed some of its heavy losses Thursday afternoon, even though such an ... (Source: Forbes (blog) 2011-06-23T19:23:15Z)

Democrats push for jobs package in debt deal

The report by the nonpartisan Congressional Budget Office adds urgency to the work of negotiators, led by Vice President Joe Biden, who are trying to find trillions of dollars in savings as part of a deal that would allow Congress to sign off on new ... (Source: msnbc.com 2011-06-22T23:27:49Z)

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)

Markets Surge as Fear of a Greek Default Eases

The Federal Reserve began a two-day meeting that ends Wednesday, when Fed watchers hope to learn more about the United States central bank's policy to deal with an economy that shows signs of slowing while underlying inflation pressures build. (Source: New York Times 2011-06-22T16:11:10Z)

Harry Potter and the Amazing Exploding Book Industry

Hocking was signed to a $2-million publishing deal.Some other authors, meanwhile, have gone in the opposite direction, turning down traditional publishing deals in order to sell directly to their readers. J.K. Rowling may have just discovered the virtues ... (Source: BusinessWeek 2011-06-23T19:23:15Z)

NATO chief tries to repair cracks over Libya

In a sign of the increasing impact of the crisis on daily life, Libyan state media issued instructions that ordinary people should follow to deal with a shortage of fuel. They called on people to use public transport instead of cars, avoid using air ... (Source: msnbc.com 2011-06-23T09:50:35Z)

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)

AIRSHOW-WRAPUP 1-AirAsia becomes biggest Airbus airline

LE BOURGET, France, June 23 (Reuters) - AirAsia thundered into the Paris Air Show with an expected order for 200 revamped A320neo jets plus 100 options on Thursday -- a $17 billion deal making the Malaysian firm Airbus's largest airline. AirAsia chief ... (Source: Reuters 2011-06-23T08:10:22Z)

Italy ceasefire call exposes NATO split on Libya

Time is now a crucial factor for both sides in the conflict, with unity in the NATO-led coalition likely to come under more strain and Gaddafi having to deal with the economic impact of international sanctions. In a sign of the increasing impact of the ... (Source: YAHOO! 2011-06-22T23:27:49Z)

Google facing wide-ranging US antitrust probe: Reports

Several online travel sites, including Expedia , Kayak and Travelocity, had sought to block the Google-ITA deal, claiming it would give Google too much control over the lucrative online travel market and lead to higher prices. In late March, the FTC ... (Source: Economic Times 2011-06-23T19:16:05Z)

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