August 16, 2011

Billionaire Warren Buffet has a message for Washington -- stop coddling the super-rich like him. Buffet says while  most Americans struggle to make ends meet, the mega-rich continue to get extraordinary tax breaks. Buffet says in his experience, higher capital gains taxes have never deterred sound investments. Source Link
 

Two of the best known names in technology are teaming up as Google says it will buy Motorola’s mobile phone business for $12.5 billion. The search engine leader already has its Android system running on Motorola phones, but the deal is about more than just hardware. The purchase would give Google control of thousands of Motorola patents that cover many aspects of mobile computing. Source Link
 

Thousands of fans are at Graceland in Memphis for today’s 34th anniversary of the death of singer Elvis Presley. This year also marks the 55th anniversary of the first two Elvis Presley albums released in 1956 that included some of his greatest hits. The King keeps selling too; a new 5-CD boxed set featuring the 1956 recordings debuts next month priced at $140. Source Link