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Buffett buys Burlington Northern, Space hotels aren't cheap
Good day for working on the railroad, Bad day for affordable get-aways
 

GOOD DAY FOR: Working on the railroad, after Warren Buffett’s Berskshire Hathaway agreed to buy railroad giant Burlington Northern Santa Fe for $26 billion, including $16 billion in cash. This is the largest takeover ever for Berkshire, which already owns 12.6 percent of the railroad. (Bloomberg)

BAD DAY FOR: Affordable get-aways, after a Spanish firm says it’s on track to take paying guests at the first ever hotel in outer space in 2012. A three-night stay at the Galactic Suite Space Resort would set you back about $4.4 million, but that includes an eight-week training course on a tropical island. Guests would see the sun rise 15 times a day and wear velcro suits to stick to the walls of their room. At least 43 people have already made reservations. (Reuters)

 

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