Google announced this morning that it was acquiring Motorola Mobility Holdings for $40 a share in cash or $12.5 billion. It is the largest acquisition for Google and it throws Google firmly into the mobile business.
Flip-flops are good. Flip-flops are bad. It's summertime and everybody is talking about flip-flops. Political flip-flops, that is.
As the dust settles from the recent Republican debate and straw poll in Iowa, flip-flops keep cropping up like spent corncobs. In the debate, Newt Gingrich "was asked about his position on military action against Libya," the St. Petersburg Times reported. "We explored whether he flip-flopped and rated it Full Flop."
In an editorial in The New York Times, Warren Buffett, the so called "Oracle of Omaha" and one of the richest men in the world, has a message for Congress: Leave 99.7 percent of Americans alone and raise taxes on those who make more than $1 million and raise them even more for those who make more than $10 million — like him.
John McCormack is a staff writer for The Weekly Standard.
Michele Bachmann scored a victory Saturday at the Ames GOP presidential straw poll that confirmed her position as the front-runner in Iowa. But just how deep does support for the Minnesota congresswoman run? While Bachmann certainly has a reputation for drawing intense and loyal support from Tea Partiers and evangelicals, almost all of the Bachmann supporters I spoke to Saturday in Ames said they weren't certain to support her in the Iowa caucuses.
Every business starts small. But more than ever, it's harder to turn small businesses into bigger companies that employ more people. In a country that desperately needs more jobs, this is a big problem.
Small firms represent about 99 percent of all U.S. businesses, but a study by the Ewing Marion Kauffman Foundation shows that while businesses are being formed at roughly the same rate as in the past — the number of startups is even rising — these small businesses create fewer jobs than in the past.
"Pakistan allowed Chinese military engineers to photograph and take samples from the top-secret stealth helicopter that U.S. special forces left behind when they killed Osama bin Laden," The Financial Times says it has been told by "people close to the White House and the Central Intelligence Agency."