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 / July 1, 2011, 4:51 am

Arab investor backs out of bid to take over German warship yards

ThyssenKrupp's other naval business, building U 214 stealth submarines rated as the world's quietest, was not part of the deal. Despite budget problems, Greece last year paid for a U 214 that has already been built and bought options on two more. (Source: Monsters and Critics 2011-07-01T10:45:31Z)

'Transformers: Dark Of The Moon': Hunting For Easter Eggs

As is to be expected with Michael Bay movies, "Transformers: Dark of the Moon" is jam-packed with a lot more than his patented brand of eye-popping action sequences. The movie is two hours and thirty-seven minutes, after all, so even with all the Autobot vs. (Source: MTV 2011-07-01T10:52:41Z)

Chances of a Minnesota budget deal slip away

... to The Minneapolis Star Tribune said the policy adoptions were in exchange for "new revenue in a compromise offer." That deal also would have required tuition caps to be put in place at the University of Minnesota and MnSCU and required a 15 percent ... (Source: Boston Herald 2011-07-01T11:14:09Z)

NBA lockout begins

The labor deal ended at midnight after players and owners failed to ... players' guarantee of 57 percent of basketball revenue and weren't moved by the players' offer to drop it to 54.3 percent -- though players said that would have cut their salaries ... (Source: Sentinel & Enterprise 2011-07-01T10:59:50Z)

'Transformers' screams its way to an explosive end

Paramount Pictures, PG-13, 154 minutes. • Online: www.transformersmovie.com Though he's no master of subtlety, Michael Bay tries to sneak up on us with "Transformers: Dark of the Moon." A director whose bombast knows no bounds, especially in the second ... (Source: Newark Advocate 2011-07-01T10:52:41Z)

6th Circuit Appeals Court upholds Obama health care law

"The novelty of the individual mandate may indeed suggest it is a bridge too far, but it also may offer one more example of a policy necessity giving birth to an inventive (and constitutional) congressional solution," Sutton wrote. Members of Michigan's ... (Source: Detroit News 2011-07-01T10:52:41Z)

Official: 11 dead in attack on South Sudan town

North and south Sudan ended more than two decades of civil war, in which more than 2 million people died, in 2005 with a peace deal that promised both Abyei and the south a self-determination vote. The south voted overwhelmingly in January to secede and ... (Source: San Jose Mercury News 2011-07-01T11:21:19Z)

NBA shuts down: Sides shoot air ball

The NBA seemed dismayed by the players' offer, saying it does little more than raise the ... salaries to approximately $6.5 million per player in Year 5 or, under the deal they proposed (yesterday), which was to add an additional year, to close to ... (Source: Boston Herald 2011-07-01T11:35:38Z)

Coalition of Factions From the Streets Fuels a New Opposition in Syria

They did, and even in the earliest days, activists there managed to offer a narrative of the uprising that was revealing, incomplete and — in the government's mind at least — biased. In the weeks that ensued, protesters said, activists coalesced into ... (Source: Herald Tribune 2011-07-01T11:14:09Z)

Barbara Boxer's blatant rewriting of history

Many Republicans also opposed that deal — which Boxer supported — because it included higher taxes. Fast forward to 1995. The Democrats lost control of the House and the Senate, largely because of bruising budget battle. Clinton's fiscal year 1996 ... (Source: Washington Post 2011-07-01T11:07:00Z)

Rafael Nadal and the Dark Art of the Tennis Dive

(And perhaps see that I am a fan of Arsenal, Barcelona's opponent in that match.) Diving, the feigning of injury to accrue unfair advantage, is the ineradicable dark art that shadows the beautiful game. And whereas its most cynical exponents are invariably ... (Source: Nymag.com 2011-07-01T11:28:28Z)

Minn. government shuts down as budget talks fail

Any hope of a last-minute budget deal between Democratic Gov ... More than 40 state boards and agencies would go dark. Critical services, including the State Patrol, prisons, disaster response and federally funded health, welfare and food stamp programs ... (Source: Philadelphia Daily News 2011-07-01T11:42:47Z)

'Transformers' hit lower orbit launch

According to distributor Paramount Pictures, "Transformers: Dark of the Moon" took in $37.3 million domestically in its first full day Wednesday. That's a 40 percent drop from its predecessor, "Revenge of the Fallen," which pulled in $62 million two years ... (Source: WIVB 2011-07-01T10:52:41Z)

South Sudan death toll tops 1,800 in 2011: U.N.

The independence vote was the climax of a 2005 peace deal that ended a civil war which killed about 2 million people. North and south Sudan have fought for all but a few years since 1955 over ethnicity, religion, ideology and oil. More than 260,000 people ... (Source: msnbc.com 2011-07-01T11:21:19Z)

Minnesota Shutdown Prompts Political Blame Game

State government closed for business at 12:01 a.m. Friday after Democratic Gov. Mark Dayton and Republican legislative majorities failed to reach a budget deal. Both sides are blaming each other. Minnesota GOP Chairman Tony Sutton calls Dayton a "piece of ... (Source: ABC News 2011-07-01T11:35:38Z)

Apple, RIM in group buying Nortel's patents for $4.5 billion

The sale includes more than 6,000 patents and patent applications spanning wireless, wireless 4G, data networking, optical, voice, internet, semiconductors and other patents. The most prized ones relate to mobile broadband technology used in emerging 4G ... (Source: FOXBusiness 2011-07-01T10:24:03Z)

NBA locks out players following labor dispute

"What we've told the union at the conclusion of today's sessions was that we were going to recommend to our labor relations committee in a call later today that we lock out at the conclusion of this deal, which is at midnight tonight. Needless to ... (Source: Shreveport Times 2011-07-01T11:28:28Z)

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