You’ve just been promoted to your first management job. Congratulations—what an opportunity!

When President Barack Obama first started talking up the “Buffett rule” last September, it was as a general principle for tax reform--namely, that billionaires like Berkshire Hathaway Inc. Chairman Warren Buffett should pay a higher percentage of their income in federal taxes than their secretaries.

When Scarlett Johannson and Ryan Reynolds announced their engagement in 2008, it seemed like an A-Lister match made in Hollywood heaven, akin to the beautiful pairing of Brad Pitt and Jennifer Aniston. Unfortunately, like Brad and Jen, the celebrity union didn’t last and after three years of marriage, Scarlett and Ryan filed for divorce.

Mercedes-Benz had some very lofty hopes for the Maybach, the super-luxury car it hoped would compete with Rolls Royce and Bentley. But its failure has been a very costly mistake - to the tune of almost half a million dollars per car.

The release by Apple of iBooks Author last month begins a year that will see the release of several new tools focused on helping people to create, publish and track their ebooks. Now that Apple have clarified that their EULA does not attempt to claim ownership of users’ content, I’m sure many more people will be willing to give it a shot, but it’s still a one trick pony: your .iBooks file can still only be uploaded to Apple’s store. iBooks Author's other file formats - PDF and plain text - aren't very useful when it comes to uploading to other stores.

The Freak is getting paid. Big time. But the big question in San Francisco is whether some of the franchise-record salary that pitcher Tim Lincecum is now being paid by the San Francisco Giants will be collected for damages that were being sought by Lincecum's former landlord.

This is a very interesting paper indeed. The end result of it is that the app economy (writing apps for smartphones and Facebook essentially) produces twice as many jobs in the US economy as there are people working to manufacture Apple's products in China.