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 4, 2011, 10:45 am

Once Public, Groupon Could Get Clipped

The company, founded in 2008, offers subscribers coupons via e-mail. These are "daily deals" for things such as half off the price of a spa visit, or a dinner at a local restaurant. Groupon turns the transaction into an "event" by requiring that a certain ... (Source: Barron's Online 2011-06-04T09:58:48Z)

Obamas loses if unemployment rate 8%.

No president in last 75 years won re-election if the unemployment rate was higher than 8%. Ford, Carter and Bush Sr lost. The unemployment rate when Mr. Obama took office was 7.8 percent — and he may not follow in his predecessors' footsteps by leaving ... (Source: DAILY KOS 2011-06-04T15:28:05Z)

Utah legislator seeks end to TSA pat downs

Republican Congressman John Carter, of Texas, says it may take federal action to change the policy, and he planned to talk with colleagues about potential legislation. Carter said his wife watched in horror recently as a middle-aged woman was subjected to ... (Source: Austin American-Statesman 2011-06-04T17:36:56Z)

In the spotlight: Small businesses sampling Groupon

As investors eye Groupon, which this week took the first step toward becoming a publicly traded company, small business owners are also feeling out the daily deals site. Inland Empire businesses who have participated in the deals said they are hoping to ... (Source: Inland Valley Daily Bulletin 2011-06-04T05:41:06Z)

Pink and Carey Hart welcome baby girl

"We are ecstatic to welcome our new beautiful healthy happy baby girl, Willow Sage Hart. She's gorgeous, just like her daddy. #beyondblessed ," she tweeted. The birth was likely something of a relief to Pink, who's openly discussed a past miscarriage. (Source: WTOL-TV 2011-06-04T14:23:40Z)

UPDATE 3-Iraq sees oil output at 3 mln bpd by year-end

Iraq is rebuilding its oil infrastructure after years of conflict and has signed deals with oil majors to reach a proposed production capacity of 12 million bpd by 2017. Most analysts see 6-7 million bpd as more realistic. [ID:nLDE74K04U] Shahristani ... (Source: Reuters 2011-06-04T17:01:09Z)

Corbett's big agenda slows amid details, debate

One high-priority Corbett bill with a chance of passage in June deals with "joint and several liability" _ the ability of a wronged person to recoup money for damages in court _ that is pitting advocates of business owners, insurers and health care ... (Source: RealClearPolitics 2011-06-04T16:39:40Z)

Ex-Secretary of State Lawrence Eagleburger dies

Kissinger, as President Jimmy Carter's ambassador to Yugoslavia, and as an assistant secretary of state and then undersecretary of state in the first Reagan administration. In subsequent years, he was available to offer advice, along with other former ... (Source: Palm Beach Post 2011-06-04T17:22:37Z)

Former secretary of state Lawrence Eagleburger dies

Kissinger, as President Jimmy Carter's ambassador to Yugoslavia, and as an assistant secretary of state and then undersecretary of state in the first Reagan administration. In subsequent years, he was available to offer advice, along with other former ... (Source: Santa Rosa Press Democrat 2011-06-04T17:08:18Z)

Carey Hart: Hart and Rocker Wife Pink Welcome a Baby Girl

We are ecstatic to welcome our new beautiful healthy happy baby girl, Willow Sage Hart. She's gorgeous, just like her daddy. I think this is great news for the family, but I think its terrible news for fans of motocross and dirt bike racing across the world. (Source: Bleacherreport.com 2011-06-04T14:23:40Z)

GROUPON: From The Ashes Of A Dead Startup To A Billion-Dollar Company In 2 Years

Groupon is one of the fastest growing companies. Ever. How did the pioneering daily deals site reach the point of a $750 million IPO in just two years? Well, it wasn't easy. In fact, Groupon almost failed before it ever existed. Groupon stemmed from a ... (Source: The Business Insider 2011-06-04T14:52:18Z)

Jon Huntsman won't try to compete in Iowa

Related Romney, Huntsman take on Obama, economy Jon Huntsman launches five-day New Hampshire blitz Jon Huntsman was a keyboard wizard, but is a presidential run a rock 'n' roll fantasy? The former Utah governor and former U.S. ambassador to China said ... (Source: Los Angeles Times 2011-06-04T14:09:21Z)

Diplomat Lawrence Eagleburger dies at 80

Eagleburger was a top aide to Henry Kissinger in the Nixon and Ford administrations, Jimmy Carter's ambassador to Yugoslavia and an undersecretary of state under Ronald Reagan. He returned to the State Department as Baker's deputy. "Larry Eagleburger was ... (Source: United Press International 2011-06-04T17:29:47Z)

Azeri defense ministry says Armenia making war inevitable

Azerbaijan's President Ilham Aliyev, who has ramped up his country's military power with recent arms deals, has said Azerbaijan is willing to go to war with Armenia to reclaim Nagorno-Karabakh. (Source: msnbc.com 2011-06-04T17:36:56Z)

Analysis: Obama's job security about job creation POLL

Even 8 percent unemployment, a goal once promoted by the administration, is hard to see now. Presidents Jimmy Carter, Reagan and George H.W. Bush all faced unemployment rates higher than 7.5 percent in the final months of their re-election campaigns. (Source: Naples Daily News 2011-06-04T16:32:31Z)

India health costs a crisis impoverishing millions

We'll see if they can do it." Meanwhile, India boasts a thriving medical tourism industry with shiny private clinics luring tens of thousands of foreigners for everything from bargain tummy tucks to experimental stem-cell treatments in an industry ... (Source: Salon 2011-06-04T15:28:05Z)

Arrival in Bangalore, India

This is a place for meetings and deals, new ventures and fresh markets. Across the parking lot a cafe's slogan reminds you that 'A Lot Can Happen Over a Coffee'. But then, on the 6 a.m. drive from the airport into the city proper–a drive that runs ... (Source: World 2011-06-04T15:35:15Z)

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