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 9, 2011, 4:42 am

Some ideas for dealing with entitlements

One huge problem I see with both Medicare and Social Security is that they really are no more than arbitrary taxation ponzi schemes in which there is no guarantee of return and no limit to what can happen to the money that is taxed in order to fund them ... (Source: RedState 2011-06-09T11:18:46Z)

UPDATE 1-Spain's Telefonica cuts Atento IPO price - sources

Telefonica is now offering the shares at a fixed price of 17.25 euros each, down from its original guidance of 19.25 euros and 25 euros each, the two sources close to the deal said on Thursday ... with more than 15 deals pulled, and many of those that ... (Source: Reuters 2011-06-09T11:25:56Z)

Home Secretary: Britain needs an 'FBI'

LONDON, June 9 (UPI) -- Britain needs a national FBI-style police agency to deal with the growing problem of organized crime, Home Secretary Theresa May said Wednesday. May said the National Crime Agency would be better able to deal with crimes committed ... (Source: United Press International 2011-06-09T10:57:18Z)

BP has no regrets regarding Rosneft deal

LONDON, June 9 (UPI) -- BP denied plans to dump shares in its Russian joint venture TNK-BP after a failed arctic deal and a top official said there were no regrets about the move. A proposed $16 billion deal between Rosneft and BP collapsed last month ... (Source: United Press International 2011-06-09T11:18:46Z)

Northwest Biotherapeutics Announces Change and Expansion of Management Team

He was responsible for advising on financing, regulatory strategies, and public outreach relating to his clients' development of numerous cutting edge technologies, bringing to bear a diverse range of deal-making skills.  He has taken a special early ... (Source: StreetInsider.com 2011-06-09T11:25:56Z)

Telefonica Slashes Stock Sale Price of Atento Call-Center Division by 22%

Telefonica will sell shares of Atento Inversiones y Teleservicios SAU at 17.25 euros ($25.20) each, according to a sale document obtained by Bloomberg News. The 22 percent reduction is based on the midpoint of a previous price range of 19.25 euros to 25 euros apiece. (Source: Bloomberg 2011-06-09T11:11:37Z)

'Dollars for Diapers' Do It! Community Challenge at 85 percent of goal

The Fox Cities Diaper Bank distributes diapers through St. Joseph's Food Program in Menasha and the Salvation Army-Fox Cities, after finding the best deal for diapers on the open market. (Source: Post-Crescent 2011-06-09T11:18:46Z)

Shania Twain Lands Two-Year Las Vegas Residency

SHANIA Twain has signed a deal for a two-year Las Vegas residency. The From This Moment On singer can't wait to "go nuts creatively" at the series of shows entitled Still The One at Caesars Palace's Colosseum in the city from December next year. (Source: Showbizspy.com 2011-06-09T11:11:37Z)

Strikes hit Greece as govt eyes more austerity

Workers at Greek state-run companies walked off the job Thursday to protest the government's privatization plan, part of the country's renewed push to meet the terms of its international bailout. About two thousand strikers marched through central Athens ... (Source: Arizona Daily Sun 2011-06-09T11:11:37Z)

Ohio man faces 20 years in abortion-gunpoint case

Under the plea deal reached with Franklin County Prosecutor Ron O'Brien, Holt-Reid also faces a $40,000 fine. Franklin County Common Pleas Judge Patrick Sheeran planned to sentence Holt-Reid Thursday. Holt-Reid's attorney, Larry Shoemaker, has said he ... (Source: Anderson Independent-Mail 2011-06-09T10:57:18Z)

Somali leaders postpone elections by a year

Somalia's squabbling leaders have agreed to postpone their country's upcoming presidential vote by one year to help the government deal with security and political issues. The deal calls for Prime Minister Mohamed Abdullahi Mohamed to resign within 30 days. (Source: St. Louis Post-Dispatch 2011-06-09T10:57:18Z)

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