As the public joined the frenzy around Facebook Inc.'s Wall Street debut, well-connected institutional investors were hearing a more sobering message: The social network's main business, advertising, was sputtering.
Facebook and its underwriters came under broad legal attack Wednesday as lawyers and investors filed lawsuits over Facebook's controversy-marred initial public offering.
California has a friend who's about to write a hefty personal check that could help ease the state budget crunch.
If we want to prevent the next financial crisis, a new model of corporate governance is needed to replace shareholder primacy in financial institutions. Gates Scholar Mike Marin explains why.
Interventions to promote women have continuously been criticized as ineffective and inhibiting performance. Economists of the University of Innsbruck have now rejected this criticism; they conducted a series of experiments ...
The number of borrowers defaulting on federal student loans has jumped sharply, the latest indication that rising college tuition costs, low graduation rates and poor job prospects are getting more and more students over ...
(AP) -- British police on Thursday arrested two men as part of a trans-Atlantic investigation into attacks carried out by the hacking groups Anonymous and Lulz Security.
(AP) -- Pandora Media Inc. sold its initial public offering of stock at $16 per share late Tuesday, fetching twice as much as the popular but unprofitable Internet radio service expected less than two weeks ago.
LinkedIn's stock nearly doubled in its market debut Thursday because of huge investor demand for the first major U.S. social networking company to go public.
(PhysOrg.com) -- A new Iowa State University study of 341 public universities has found that faculty unions do exert the desired influence over institutional decision-making in areas such as salaries, appointing department ...