Daily deal companies are here to stay, according to consumers

Despite recent news reports questioning the long-term viability of daily deal companies, a new study from researchers at Rice University and Cornell University shows that the companies are more popular than ever among consumers.

UK in $2.3 bn plan to 'strike back' at hackers

Finance minister Philip Hammond on Tuesday warned Britain will "strike back" against states hacking into strategic networks in order to avoid a military showdown, as part of a new cyber-defence plan.

Senate panel probing VW's use of tax credits

The Senate Finance Committee opened a probe Tuesday into Volkswagen's use of a federal tax credit intended for fuel-efficient cars as the company's emissions-rigging scandal widened.

China repeals controversial technology trade rule

(AP) -- China has repealed a policy favoring Chinese producers in government purchases of computers and other technology that triggered complaints by foreign companies and governments that it violated free trade.

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.

Implications of Past Forecasting Errors Often Underestimated

(PhysOrg.com) -- When managers issue a forecast of their firm's earnings, they do not always take into account prior forecasting errors, according to research in the current issue of the Journal of Business Finance & Accounting.

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