Pandora sings happy tune: IPO fetches $16 a share

(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.

Long-term survey reveals Chinese government satisfaction

Understanding what Chinese citizens think about their own government has proven elusive to scholars, policymakers, and businesspeople alike outside of the country. Opinion polling in China is heavily scrutinized by the government, ...

US global competitiveness rising once again

The United States' competitiveness among global economies is rising again after four years of decline, though northern European countries continue to dominate the rankings published annually by the World Economic Forum.

The crisis of shareholder primacy

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.

Morgan Stanley fined $5 mn over Facebook IPO

Morgan Stanley agreed Monday to pay a $5 million fine to settle charges that it improperly handled crucial information on Facebook's earnings ahead of the company's disastrous IPO.

Networked cars make traffic safer and more efficient

Vehicles and infrastructures exchanging information with one another and notifying drivers about dangers and traffic situations make traffic safer and more efficient. This has been proven by one of the biggest field tests ...

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