President Obama has been trying to lobby for a high-tax rate for the top earners since quite some time. Whereas he had little support initially, Obama has increasingly tried to bring on board big names from the corporate world. Recently, he met Apple's CEO Tim Cook and others to discuss the matter.
Warren Buffet is one of the most renowned investors in U.S. and he has a knack of staying in the news. Now, his firm Berkshire Hathaway has purchased 26 local papers. Speaking about this acquisition, Buffer wrote to publishers that these local papers need to focus on local news and shouldn't try to complete nationally.
While Yahoo is facing a lot of external challenges which it must face to stay important in the tech world, there is an internal battle going on too. We reported earlier that one of Yahoo's major shareholders, Warren Buffet, and his firm Third Point, had pointed out that Yahoo's current CEO misstated his qualifications on his official resume.