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, 4:42 am

Airbus high on record $72 bn show sales, beating Boeing

Shares in Airbus' parent group EADS shot up two percent on the news of the AirAsia deal, despite it having been widely trailed. AirAsia's chief executive Tony Fernandes was on hand to announce the deal alongside the jubilant Airbus team - striking a deal ... (Source: Economic Times 2011-06-23T11:23:39Z)

N.Y. bus driver cited in traffic stop along I-95 in Henrico

A motor coach registered to a discount bus carrier with a history of unsafe-driving and driver-fitness violations was stopped Wednesday by Virginia State Police on Interstate 95 in Henrico County and cited for three federal regulatory violations by its driver (Source: Richmond Times-Dispatch 2011-06-23T10:55:01Z)

Fed to Maintain Stimulus After Ending Treasury Purchases

"We expect the recovery will continue to be slow and uneven, particularly for more moderate-income households," Gregg Steinhafel , chairman and chief executive of Minneapolis- based Target Corp., the second largest U.S. discount retailer, told investors last month. (Source: Bloomberg 2011-06-22T17:01:16Z)

Cavs are expected to take Irving with first pick

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. That caused some probable lottery picks to decide against ... (Source: St. Louis Post-Dispatch 2011-06-23T11:16:29Z)

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)

Deals not done In Albany, while same-sex marriage debate lingers

Andrew Cuomo were looking to wrap up most of their unfinished legislative business today, but deals continued to prove elusive ... were in Albany today to try to rally support for the bill. A deal to enact a property-tax cap was announced last month ... (Source: Star-Gazette 2011-06-23T10:40:42Z)

Money Wont Buy His Love: Alexis Sanchez Refuses to Board a Plane for City Talks

This, therefore leaves United in the strongest position, knowing that their 27 million straight cash deal is likely to usurp Barca's offer. As for Man City though... (Source: Bleacherreport.com 2011-06-23T11:23:39Z)

Obama moves toward exit from Afghanistan

Nearly 10 years after the September 11 attacks that triggered the war, U.S. and NATO forces have been unable to deal a decisive blow to the insurgent Taliban. The Afghan government remains weak and notoriously corrupt and billions of dollars in foreign aid ... (Source: msnbc.com 2011-06-22T23:20:39Z)

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: msnbc.com 2011-06-22T23:27:49Z)

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)

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)

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 ... and 1993 as reason to oppose tax-hiking budget deals. The spending cuts do not materialize, at least not as ... (Source: CNBC 2011-06-22T20:36:01Z)

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)

AirAsia rules Paris with record order

LE BOURGET, France (Reuters) – AirAsia thundered into the Paris Air Show with a record order for 200 revamped A320neo jets on Thursday -- an $18.2 billion deal making the Malaysian ... Including pre-show deals, there are signs it will reach close to ... (Source: YAHOO! 2011-06-23T11:23:39Z)

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)

Airbus gets record orders for fuel-efficient jet

The firm order follows a memorandum of understanding signed by the two companies in January. Airbus said then that the deal was worth $15.6 billion at list prices, though airlines usually negotiate discounts. The deal topped the previous record for biggest ... (Source: AOL News 2011-06-23T11:09:20Z)

Pressure stays on Greeks to avoid default

Euro zone officials have told Reuters the plan for the new bailout, meant to extend Greece's year-old 110-billion-euro deal and fund it into late 2014, would feature up to 60 billion euros of fresh official loans, 30 billion euros from the private sector ... (Source: YAHOO! 2011-06-22T18:12:51Z)

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)

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