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Only a week after Apple CEO Steve Jobs died at age 56, not only have sales of the new iPhone risen – so have sales of the black turtleneck he always wore. “St. Croix Collections has seen sales of the iconic black mock turtleneck, which Jobs frequently wore at Apple product unveilings and other public appearances, double overnight,” MSNBC reports, “and some stores have run out of them.”
This summer, billionaire Warren Buffet said he needed to pay more tax. Now he’s announced just how much he made last year: More than $62 million. Or just more than $7,100 an hour. “Buffett revealed that he paid $6,938,744 in federal taxes last year, or 17.4 percent of his taxable income,” USA Today reported. “Buffett has said that tax rate is too low compared with middle-income wage earners.”
Teen heartthrob singer Justin Bieber was well known for his shaggy sideswept hairdo – until he cut it off earlier this year. But that doomed a doll entrepreneur who paid for exclusive rights to a Bieber doll. “Would I rather that Justin called me three months before he made a hair change?” owner Jay Forman told CNN. “Yes.”
If you think too much money is being spent on esoteric research, you might wonder about this at first blush: an analysis of the naked mole rat’s DNA. But it turns out, Bloomberg reports, that “the naked mole rat lives 10 times longer than mice, or more than 30 years. While 95 percent of mice die from cancer, the naked mole rat is impervious to the disease.”
The company that owns the 99 Cents Only chain of discount stores has agreed to a buyout for considerably more than $1. And it’s not the first such chain to show up on a shopping list. “Investor Nelson Peltz’s firm Trian Fund Management LP made a $7 billion takeover bid for Family Dollar Stores in February,” MSNBC reports. “The bid was rejected.”