Report shows millennials have high debt and little savings

High debt, low savings and a lack of financial literacy are the unfortunate hallmarks of millennial financial health, according to a new report developed by the George Washington University Global Financial Literacy Excellence ...

Twitter IPO could help it compete with tech giants

Just days before telling the world that his company had filed to sell stock to the public, Dick Costolo delivered a short talk on leadership at a technology conference in San Francisco.

LodgeNet files for Ch. 11, plans sale to Colony

LodgeNet Interactive Corp. says it is filing for Chapter 11 bankruptcy protection as part of a plan to sell itself to investment firm Colony Capital for $60 million.

College students and credit card debt—parents at fault?

Parents need to be good role models to help their children make sensible financial decisions, according to Adam Hancock and his team, from East Carolina University in the US. Their work highlights that parents who argue about ...

How better financing could help create new cancer drugs

The pharmaceuticals industry presents a quandary for potential investors: Major investments in drug development pay off handsomely in a relatively small number of cases, but many other projects deliver no returns at all. ...

New research debunks popular method of paying off debt

(PhysOrg.com) -- Consumers with multiple debts routinely mismanage them, paying off small debts first even when larger debts have higher interest rates, says a University of Michigan researcher.

Blackboard to be taken private in $1.64B deal

(AP) -- Educational software maker Blackboard is being taken private for $1.64 billion in cash by an investor group led by affiliates of Providence Equity Partners.

Net helps businesses beat recession

The internet is one innovation helping small business bosses deal with strategic decision-making and survive the current recession, according to results revealed by the latest UK Business Barometer and Business Adviser Barometer ...