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 24, 2011, 4:46 pm

A Nosedive Eases a Bit in Volatile U.S. Trading

It has fallen just nearly 6 percent since the end of April. "The Greece situation has been a threatening dark cloud hanging over the markets," said Lawrence R. Creatura, portfolio manager at Federated Investors. "We are in uncertain times ... (Source: New York Times 2011-06-24T03:08:32Z)

J.K. Rowling to release Harry Potter e-books herself

British publisher Bloomsbury, which maintains the books' printing rights in the U.K., said it will participate in the sale of e-books from Pottermore and will receive a share of the revenues. Scholastic ( SCHL ) is the U.S. rights holder for the Potter series. (Source: CNN Money 2011-06-23T13:25:20Z)

Republicans leave budget talks, blame Democrats

WASHINGTON  — Republicans pulled out of debt-reduction talks led by Vice President Joe Biden with a flourish on Thursday, blaming Democrats for demanding tax increases as part of a deal rather than accepting more than $1 trillion in cuts to health care ... (Source: msnbc.com 2011-06-23T21:17:47Z)

Harry Potter wizard series to be sold as e-books

LONDON — Harry Potter battled the forces of evil and now is set to conquer the web — coming to e-books in a groundbreaking deal that has delighted fans but alarmed the book industry that helped make creator J.K. Rowling a billionaire. Rowling announced ... (Source: Global Nation 2011-06-24T23:32:36Z)

U.S. stock index futures point to gains for Wall St

U.S. stocks pared losses towards the close on Thursday, as news about Greece's deal with international lenders emerged, although worries about economic uncertainly lingered. * Data set for release on Friday is likely to provide further evidence on the pace ... (Source: Reuters 2011-06-24T08:52:08Z)

Michelle Obama defends the president on Africa

The facility treats more than 4,000 children and their families. The US has spent more than $450 million since 2005 to help Botswana deal with AIDS. The country's efforts and partnerships with academic institutions and foundations have helped more than 95 ... (Source: USA Today 2011-06-24T23:25:27Z)

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)

Capture of Boston Gangster Could Mean More Scandal

But Bulger's capture could be only the beginning of a new scandal for the Boston FBI and others. If Bulger decides to cut a deal with prosecutors, he could implicate an untold number of local, state and federal law enforcement officials, according to ... (Source: FOX News 2011-06-24T11:58:15Z)

Whitey Bulger returns to South Boston, but what will he have to say?

Some law enforcement officials said they doubt Bulger will try to cut a deal with prosecutors by exposing corruption, in part because he will almost certainly be asked to reveal what contact he had with his brothers while he was a fugitive and whether they ... (Source: MetroWest Daily News 2011-06-24T23:03:58Z)

Three Ways Pottermore.com Could Change Book Publishing

So look out for bundling, limited-time sales, special editions, maybe even individual chapters for sale. Pottermore.com has a lot of freedom here to test various prices and respond quickly to what works or doesn't. Other publishers can learn from what ... (Source: paidContent.org 2011-06-23T14:29:46Z)

Michelle Obama arrives in Botswana

The facility treats more than 4,000 children and their families. The US has spent more than $450 million since 2005 to help Botswana deal with AIDS. The country's efforts and partnerships with academic institutions and foundations have helped more than 95 ... (Source: AP - msnbc.com 2011-06-24T22:56:49Z)

Wesco shareholders approve $545M sale to Berkshire

headquarters. About 64 percent of the shares not held by Berkshire and about 93 percent of the shares overall supported the deal. Wesco's board recommended the deal to shareholders in February. Wesco shareholders will get a combination of cash and Class B ... (Source: Vail Daily News 2011-06-24T22:56:49Z)

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)

Wife: Seattle bomb plot suspect is proud American

He referred to war crimes charges against five soldiers accused of killing Afghan civilians for sport last year, saying "he was not comfortable with letting the legal system deal with these matters," according to an FBI agent's affidavit filed in U.S ... (Source: San Diego Union-Tribune 2011-06-24T23:39:46Z)

EU Aid Package Will Destroy Greece, Enrich Germany

The French-German solution -- Greek austerity measures and sale of public assets, and $157 billion in EU and IMF loans over several years -- coupled with either a voluntary soft restructuring by French, German and other banks is bogus. German and French ... (Source: FOXBusiness 2011-06-24T04:12:58Z)

Buffett's Berkshire Hathaway will buy remaining 1.4M shares of Wesco in $545M deal

headquarters. About 64 percent of the shares not held by Berkshire and about 93 percent of the shares overall supported the deal. Wesco's board recommended the deal to shareholders in February. Wesco shareholders will get a combination of cash and Class B ... (Source: My Fox 8 2011-06-24T23:03:58Z)

Man rescues dog from death on Facebook

Plenty of people have credited Facebook with finding love and old friends, but for Nick, the social networking site saved his life. The two-year-old pit bull was about to be euthanized at the Miami-Dade Animal Shelter when a man from Michigan saw the dog ... (Source: msnbc.com 2011-06-24T23:11:08Z)

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