August 16, 2011

In an op-ed appearing in Monday's New York Times, Warren Buffett declared that millionaires are "coddled" and should pay higher taxes, adding that higher taxes on the wealthy do not negatively impact job growth. By the way, if you trick Sarah Palin into saying that sentence backwards, her head explodes.

TV network TLC announced yesterday it will be canceling Kate Gosselin's reality show "Kate + 8." Gosselin said she was disappointed by the news, but assured her fans she would be back to profiting off of her children soon enough.

Google is set to acquire cellphone maker Motorola Mobility in a deal worth $12.5 billion. Meanwhile, Yahoo announced that it "totally just bought this killer used Nokia on eBay."

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