What's Hot On TheStreet

Here's what Benzinga's reading on our friend, TheStreet. What's Hot On The Street Australia Relents on Super Tax; Miners Up The end to uncertainty over the Australian mining tax is sending shares of mining companies higher on Friday morning. After a long and controversial battle over taxes to be levied on mining company profits, the Australian government relented from its harshest position. Apple Lowers Bar for iPhone Reception The brouhaha surrounding the network reception on Apple Inc.AAPL's new iPhone 4 has taken another twist. In a letter released early Friday, Apple explained that the phones have been exaggerating signal strength, and the company promised to fix the glitch. Blockbuster Stock Resumes Trading...For Now Blockbuster(BBI) shares resumed trading Friday morning, but the threat of delisting still looms -- and is driving the stock ever-downward. Shares of the movie rental retailer are plunging 22.8% to 18 cents early in the day, following an announcement last night that the New York Stock Exchange may begin delisting the stock. Economy to Slow, Waring Off Inflation The economy is set to slow in the second half of this year, keeping a lid on inflation, which will pick up in about 18 months, says Kirk Brown, who helps manage the American Beacon TIPS Fund (ATPIX). The $198 million mutual fund has returned 3.2% this year, trailing the peer average of 4.1%. Over the past year, the American Beacon TIPS Fund has risen 8.6%