By YOUNG MONEY Staff
8 September 2010

Bloomberg.com - one of the web's premier destinations for up-to-the-minute financial news - has launched a new section of its website targeted at entrepreneurs. According to the site's press release, entrepreneurial activity in the U.S. is at a 14-year high, probably because the recession has forced so many workers to seek out their own opportunities.

Featuring profiles of cutting-edge firms, weekly interviews with famous entrepreneurs, feature articles and a weekly TV show called "Venture with Chris Valerio," Bloomberg says that Bloomberg Entrepreneurs "is well-positioned and committed to meeting the needs of this growing community. This section is driven by people and growth businesses. Our readers will get an inside look into innovative entrepreneurs such as Loopt’s Sam Altman and companies such as On Deck Capital."

Loopt, a location based service akin to Foursquare, was founded by Sam Altman when he was an extraordinarily young entrepreneur - just 20 years old.

The site also features profiles of a trio of young entrepreneurs who turned away from a declining finance industry to create a custom online chocolate business, and a report about Michael O'Leary - the chief executive officer of Ryanair Holdings, Europe's biggest low-cost airline - and his ideas to cut flight costs by stripping out the copilot and creating standing-room-only planes.