Google is using its Google Capital investment arm to put $300 million into technology start ups, including $40 million into an online education software company. About $40 million of the investment money is going into Renaissance Learning Inc., a Wisconsin-based education software company.
In almost every measurable category, college graduates are doing better than their non-degree attaining peers, the research found. What’s more, the study found the gap between those who have a degree and do not have a degree is wider than it has ever been in modern history.
In its annual assessment of business schools, the Financial Times found that students who started attending school in 2009 and 2009 and graduated in 2010 – when the recession was still ravaging the economy – have experienced a doubling of salary in the past five years.
Business schools around the globe are attempting to improve their campuses – and compete for the best students – with major renovations and new construction.
Despite the risk to schools – the number of applications for MBA programs is slightly down in recent years –there is a need to keep pace with competitors in what they offer students.
The unemployment rate fell to 6.6% in January, the lowest rate since October 2008, the Department of Labor reported on Friday.
However, a separate report on the number of new jobs showed the job growth rate has slowed considerably. Most media outlets reported the news surrounding the two reports is not a good sign.
Rhode Island-based CVS announced this week that it would stop selling cigarettes in its stores, saying that such sales are not conducive to a store that is trying to focus more on providing healthcare products.
The move, while perhaps popular with the CVS target audience and partners in the healthcare industry, will prove expensive for the retailer.
Microsoft appointed a new chief executive officer for just the third time in company history this week, tapping Satya Nadella to lead the 38-year-old software giant.
Nadella will replace Steve Ballmer, who had announced last summer that he would leave the company within a year.
Consumer spending rose in the final quarter of 2013, beating out estimates by most economists.
The Department of Commerce reported this week that consumer spending increased by 0.4% in December, after a 0.6% increase in November.
According to Reuters, economists surveyed by the news agency had predicted that the economy would grow by 0.2% in December.
Facebook posted a 76% growth in advertising revenue in the final quarter of 2013, a number that surprised Wall Street experts, according to multiple news sources.
The increase, according to Forbes, is primarily the result of better advertising pricing. The Facebook mobile platform is also gaining in popularity, with record revenue growth in the fourth quarter.
JPMorgan announced this week it will give $1 million to schools to improve higher education courses for United States military veterans.
In a press release, Maureen Casey, the director of military and veterans affairs for JP Morgan, said the money is meant to help veterans make the transition from serving their country in a military capacity to the working world.
