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Deals of the Hour / June 23, 2011, 6:44 am

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)

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)

Lindsay Lohan Due In Court For Probation Violation

As part of her plea deal in the necklace case, Lohan was also sentenced to perform 480 hours of community service, but was ordered not to perform that work until she completed her house arrest. She was also sentenced to undergo psychological counseling and ... (Source: MTV 2011-06-23T13:11:01Z)

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)

Lindsay Lohan due in court today for probation violation

While neither her spokesman Steve Honig nor District Attorney's spokeswoman Sandi Gibbons could offer details of the violation, TMZ is reporting that Lohan, 24, tested positive for alcohol earlier this month after a barbeque at her house. Lohan told Life ... (Source: USA Today 2011-06-23T13:32:30Z)

Seeking solitude for Missouri bats

» There are 14 kinds of bats in Missouri. They belong to a group of mammals called chiroptera. They are the primary predator of many insect pests. » The hoary bat, Missouri's largest, has a 16-inch wingspan. » Each time a bat is awakened from ... (Source: News-Leader.com 2011-06-23T12:56:42Z)

Russian oil companies want laws changed

His comments follow the collapse of a proposed $16 billion deal between Rosneft and British energy company BP for work in the northern arctic waters of Russia. TNK-BP, a joint venture between Russian billionaires and BP, shot down the deal because they ... (Source: United Press International 2011-06-23T13:32:30Z)

The Best Stocks for the Rest of 2011

So below, I present five stocks that I think will continue to do well, regardless of the concerns above. The stocks are reasonably priced, offer very attractive dividends, and even give you great downside protection as some investors grow concerned about ... (Source: Motley Fool 2011-06-22T19:17:17Z)

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)

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)

Europe debt crisis shadows Fed meeting on economy

WASHINGTON (AP) -- If the U.S. economic slowdown weren't enough to deal with, the Federal Reserve this week must consider a new threat: a resurgent European debt crisis that could imperil the global economy. Financial markets have been gripped by fears ... (Source: Yahoo Finance 2011-06-23T04:49:56Z)

Afghanistan says its army ready for US drawdown

Azimi said 150 mortar shells have been fired into the Sakawai district, but he did not offer precise numbers of casualties. The Afghan government is trying to find a diplomatic solution for the cross-border violence, Azimi said. Fighting also continued ... (Source: Arab News 2011-06-23T13:03:52Z)

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)

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)

Obama sets course for exit from Afghanistan

Nearly 10 years after the Taliban government was toppled, U.S. and NATO forces have been unable to deal a decisive blow to the resurgent Islamist group. The Afghan government remains weak and notoriously corrupt, and billions of dollars in foreign aid ... (Source: msnbc.com 2011-06-23T02:41:05Z)

Time to Start Writing That iPhone 5 Wish List

If you're like me, often enough you tap away at your iPhone while it's sitting prone. Basically, offer me anything thinner that takes up less of my pants pocket, and I'll beat feet over to an Apple Store to hold one. Oh, and what about curved glass? (Source: MacNewsWorld 2011-06-23T13:03:52Z)

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)

Report: Apple To Put iPad Brain In iPhone Body, Introduce In September

Analysts say Apple is almost certainly waiting a new generation of chips that combine support for 4G and 3G on a single chip, allowing handset makers to offer slim handsets that don't gobble up battery life. Chipmakers such as Qualcomm, ST Ericcson ... (Source: Forbes (blog) 2011-06-22T07:57:14Z)

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