Speculation runs rampant about Jeff Bezos's plans for the Washington Post
One thing is clear: If the newspaper (and its small group of affiliates) is losing $100 million a year with no clear end to the freefall in sight, then paying $250 million in cash to buy it signals that Bezos thinks the cachet associated with the name itself is worth at least $1.5 billion to $2 billion. A handsome sum for a trophy, but he can certainly afford it and may very well have brilliant plans for turning the tide.
Motorcyclists traveling side-by-side: What could possibly go wrong?
The Onion lampoons, but the point is thoroughly true
Who knew an SEC filing could be hilarious?
Berkshire Hathaway -- the conglomerate controlled by Warren Buffett -- is going to issue bonds priced so that the buyers will be lending the company $600 million at an interest rate of 0.95% for three years. That rate is so low that inflation will undoubtedly exceed the cost of the interest itself -- meaning that the lenders, in real terms, will actually be paying Berkshire for the privilege of lending the money. Truly an extraordinary set of circumstances.
What did the merger of two advertising giants create?
Designer of glass buildings fought her own glass ceilings
Interesting obituary profile of a woman who broke into architecture before many others
Small-scale US test of malaria vaccine has great results
People who got five doses of the vaccine appear to have developed immunity. But it was a small trial, and it's hard to get anyone to want to suffer through five doses of a vaccine requiring injection into a vein, so it's some distance between this and a practical vaccine. But it's a good sign.