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Released: 7-Jul-1998 12:00 AM EDT
Duke applies for nuclear plant license extention
Nuclear Energy Institute

Duke Power Co. will submit an application to the U.S. Nuclear Regulatory Commission seeking renewal of the operating licenses at the Oconee nuclear station for an additional 20 years.

Released: 7-Jul-1998 12:00 AM EDT
Journalist examines roots, management style of soy-sauce maker
University of Illinois Urbana-Champaign

The Kikkoman Corp. not only makes excellent traditional and naturally brewed soy sauce, it also has a winning recipe for phenomenal business success in today's global marketplace. So says the author of a new corporate biography of soy sauce's "quiet giant."

Released: 7-Jul-1998 12:00 AM EDT
Poor-performing firms tend to keep high CEO pay from stockholders
University of Illinois Urbana-Champaign

When in doubt, fudge. That was the pattern of at least one in five large publicly traded companies when asked in 1993 to justify the paychecks of their chief executives based on company performance, a team of University of Illinois researchers has found.

Released: 3-Jul-1998 12:00 AM EDT
Mid-America Purchasing Managers Business Index
Creighton University

The United Auto Workers strike against GM is beginning to affect some states and continued economic problems in Asia have slowed growth in others in the Mid-American region, Creighton University Professor of Economics Dr. Ernie Goss said today.

Released: 1-Jul-1998 12:00 AM EDT
40-Somethings Start to Invest in Money Management
Purdue University

In the world of personal finances, old dogs are eager to learn. "Somewhere around age 45 it starts to hit people in the face that they need to manage their money," says Janet Bechman, Purdue University Extension specialist in consumer sciences. "In fact, in our review of financial management education, we found that the older the participant, the greater the likelihood that he or she would adopt the practices learned."

Released: 26-Jun-1998 12:00 AM EDT
Engineering Principles to Minimize Worker Injuries
Mississippi State University

A new collaborative research center at Mississippi State University is working to reduce the personal and financial loss associated with worker injuries by applying ergonomic design principles to the workplace.

Released: 19-Jun-1998 12:00 AM EDT
Study: Glamour Megamergers Fall Short in the Long Run
Purdue University

Corporate merger mania may pad shareholders' expectations more than their pockets, a Purdue University study finds.

Released: 17-Jun-1998 12:00 AM EDT
Social Security News: Privatization Can't Cure $6.6 Trillion 'Ponzi Scheme'.
University of Delaware

Nothing can save 40-something Baby Boomers from getting a raw deal at retirement because they're mired at the bottom of a massive pyramid or Ponzi scheme, according to a University of Delaware economist whose analysis of the Social Security system appears in the new issue of Humanomics, an international social science journal.

Released: 12-Jun-1998 12:00 AM EDT
Worldwide Companies Are Re-Engineering Their Brands to Gain Customers, Investors and a Competitive Edge
Conference Board

Major companies are aggressively rebuilding their brands to boost their images, stand out from the corporate pack and attract investors, according to a Conference Board study released today.

12-Jun-1998 12:00 AM EDT
U.S. Institutional Investors Sharply Step Up Asset Holdings
Conference Board

U.S. institutional investors continue to amass unparalleled amounts of financial assets across America, The Conference Board reports today in its Institutional Investment Report, widely regarded as the definitive source of information on U.S. institutional investor ownership and control.

Released: 12-Jun-1998 12:00 AM EDT
Purdue Research Wins Battles Over Sorghum
Purdue University

A Purdue University research team has had to overcome politicians, horrible droughts and bizarre parasitic plants, in an effort to fight famine. However, the improved crops have been so successful in Africa, that some farmers have smuggled the seeds across hostile borders. People take such risks because sorghum is the primary food source for 300 million people in sub-Saharan Africa.

Released: 11-Jun-1998 12:00 AM EDT
University of Iowa

The temporary staffing industry provides a vital link to permanent, full-time employment for people with disabilities, according to a new, initial study of the nation's largest temporary staffing company conducted by a University of Iowa researcher and expert on the Americans with Disabilities Act (ADA).

11-Jun-1998 12:00 AM EDT
North American Economy Will Keep Growing, Propelled by Healthy U.S. Market
Conference Board

North America - the U.S., Canada, and Mexico -- will grow 3.5% in 1998 and 2.7% in 1999, according to a three-nation study released today by The Conference Board, Inc., The Conference Board of Canada and Centro de Estudios Economicos del Sector Privado A.C. of Mexico.

Released: 10-Jun-1998 12:00 AM EDT
Econo-tales: UD professor's book makes economics easy and fun
University of Delaware

"Once upon a time in a faraway land..." begins a chapter in the newest book by Larry Seidman, University of Delaware professor of economics. But this book is not a fairy tale for children. Instead, "Economics Parables and Policies," published by M.E. Sharpe, is a book of lighthearted and fanciful econo-tales for adults who might not normally read a book by an economist.

Released: 9-Jun-1998 12:00 AM EDT
Teams, not CEOs, make companies prosper
Cornell University

Effective senior management teams play a greater role in company success than charismatic CEOs, according to a new study by Randall S. Peterson of the Johnson Graduate School of Management at Cornell University. In successful companies, the study found, the CEO fosters healthy group dynamics among his immediate subordinates.

Released: 6-Jun-1998 12:00 AM EDT
Promote your farm with a good resume, economist advises
Purdue University

Well maintained farmsteads speak for themselves, but farmers are finding that's not enough when they're trying to impress a potential landlord who lives miles away. Farmers in that position probably need to write resumes, says a Purdue University agricultural economist.

Released: 4-Jun-1998 12:00 AM EDT
Industry Outraged at "Partisan" Vote on Nuclear Waste Bill
Nuclear Energy Institute

Statement by Joe Colvin, president of the Nuclear Energy Institute, in response to Tuesday's vote in the U.S. Senate on the Nuclear Waste Policy Act of 1998, H.R. 1270.

Released: 2-Jun-1998 12:00 AM EDT
Georgia State Release Quarterly Economic Forecast
Georgia State University, J. Mack Robinson College of Business

The large growth experienced in the U.S. economy may be too much of a good thing. Folllowing the 3.8 percent rate of growth in GDP during 1997, the economy should sustain a blistering gain of 3.4 percent in 1998, before moderating to a more sustainalbe 2.5 percent gain in 1999.

Released: 2-Jun-1998 12:00 AM EDT
Accommodating diversity is just good business
University of Illinois Urbana-Champaign

Affirmative action and similar efforts have lost favor in recent years with politicians and the public, but many corporations are only working harder to promote and manage diversity in their workforces, says a University of Illinois researcher.

Released: 2-Jun-1998 12:00 AM EDT
Watch for More Bank Mergers
Ball State University

America's banking industry is shrinking and may get even smaller due to further consolidation, says a Ball State University financial industry expert.

Released: 29-May-1998 12:00 AM EDT
Organic Farming Sprouts In Mainstream Agriculture
Purdue University

Organic farming, long a niche activity in the nation's agricultural system, is garnering second looks from traditional farmers. The reason for the change in attitude is simple: high prices, which are the result of strong demand for organic foods.

Released: 28-May-1998 12:00 AM EDT
William H. Meckling, Dean Emeritus at University of Rochester, Dies
University of Rochester Simon Business School

William H. Meckling, dean emeritus of the University of Rochester's William E. Simon Graduate School of Business Administration, died Friday, May 15, at his home in Rancho Sante Fe, California, after an extended illness. He was 76.

Released: 28-May-1998 12:00 AM EDT
Simon School Professor Named To Academy of Industrial Engineers
University of Rochester Simon Business School

Abraham Seidmann, Xerox Professor of Computers and Information Systems and Operations Management at the William E. Simon Graduate School of Business Administration, has been named a member of the Texas Tech University Academy of Industrial Engineers. The Academy was established by the University's Department of Industrial Engineering in 1991 to recognize individuals who have distinguished themselves in the IE field.

Released: 28-May-1998 12:00 AM EDT
James S. Gleason to Speak at Simon School Commencement; Will Receive David T. Kearns Medal of Distinction
University of Rochester Simon Business School

The William E. Simon Graduate School of Business Administration will hold its commencement ceremonies on Sunday, June 14, 1998, at 10:00 a.m. in the Eastman Theatre in Rochester, New York. University of Rochester President Thomas H. Jackson will preside. Charles I. Plosser, dean of the Simon School, will deliver the Salutation to the Class of 1998. James S. Gleason '68, chairman and president of Gleason Corporation, will deliver the commencement address and receive the David T. Kearns Medal of Distinction, which recognizes "significant achievements in business, public service and education." Paul A. Brands '66, chairman and CEO of American Management Systems, Inc., will receive the Distinguished Alumnus Award.

Released: 28-May-1998 12:00 AM EDT
Study: Women Have Good Reasons for More Conservative Investments
Ohio State University

An Ohio State University study indicates that there may often be good reasons for the fact that women are usually more conservative investors than are men.

Released: 28-May-1998 12:00 AM EDT
Bad Treatment At Termination Leads Many Ex-Employees to File Suit
Ohio State University

How employees are treated when they are fired or laid off can play a major role in determining whether they sue their former employers, new research has found.

Released: 28-May-1998 12:00 AM EDT
Simon School Announces Ronald L. Bittner Professorship
University of Rochester Simon Business School

The William E. Simon Graduate School of Business Administration at the University of Rochester has received a major contribution from Frontier Corporation to endow the Ronald L. Bittner Professorship in Business Administration. The gift was made in honor of Ronald L. Bittner, former chairman and chief executive officer of Frontier Corporation, who died on August 31, 1997.

Released: 27-May-1998 12:00 AM EDT
Study: Women Not Happy with Team Assignments
Ball State University

When it comes to working in teams, college-age males and females have different perspectives on their roles, says a Ball State University study.

Released: 27-May-1998 12:00 AM EDT
Private Venture Formed Using Advanced Visualization
Virginia Tech

Virginia Tech enters joint venture to form Virtual Prototyping and Simulation Technologies, Inc. (VPST), which will use virtual environments and simulation for training and for scientific or business visualization applications. The Virginia Tech CAVE, a 3-D virtual environment, will be a key element of the company's training and R&D tools.

Released: 27-May-1998 12:00 AM EDT
Georgia State Study Shows Managers Are More Adept at Reporting Earnings That Meet or Slightly Beat Analysts' Estimates
Georgia State University, J. Mack Robinson College of Business

Managers are far more likely to report profits that meet or slightly beat analysts' earnings estimates than they used to, according to a recent study by Dr. Lawrence Brown, Controllers RoundTable Research Professor in the College of Business Administration at Georgia State University. "Although there has been recent media speculation that managers are reporting profits that meet or exceed analysts' expectations, there has been no hard evidence that supports this notion until now," Brown said.

Released: 27-May-1998 12:00 AM EDT
More Companies Using Presentation Software to Deliver Messages
Ball State University

The days of a simple overhead projector to liven up a presentation are over. Business people want all the bells and whistles when it comes to meetings, says a Ball State University professor.

Released: 22-May-1998 12:00 AM EDT
CMU Takes a Lead Role in Sap Technology Among Universities
Central Michigan University

Central Michigan University is one of five universities that are taking a national lead in preparing students to use one of the newest and most sophisticated business software products in the world: SAP.

Released: 22-May-1998 12:00 AM EDT
Average investors lose to professionals
Cornell University

Contrary to widely accepted theory, less-informed investors consistently tend to "buy high and sell low," systematically transferring their wealth to better-informed traders through overly aggressive trading, according to a ground-breaking study at the Johnson Graduate School of Management at Cornell University.

Released: 22-May-1998 12:00 AM EDT
Report Says Economic Importance of U.S. Coastal Tourism Lacks Appreciation
National Sea Grant College Program

With Memorial Day weekend marking the unofficial start of the summer tourism season, a report prepared by the National Sea Grant College Program for NOAA and next month's National Conference on the Ocean, says the United States "lacks appreciation for the economic importance of coastal tourism" and that poor coordination of a variety of federal, state and local programs hampers the growth of that economic sector.

Released: 21-May-1998 12:00 AM EDT
Kids spend time queuing up for help in UD researchers' analysis of child care regulations
University of Delaware

Regulating child-staff ratios, group sizes and caregiver qualifications "is too blunt an instrument" for improving the overall quality of U.S. child care, UD researchers report in the new "Economics of Education Review."

Released: 21-May-1998 12:00 AM EDT
For Average Investor: A Little Information May Be Dangerous
Cornell University, Johnson School

Contrary to widely accepted efficient markets theory, less-informed investors consistently tend to "buy high and sell low," systematically transferring their wealth to better-informed traders through overly aggressive trading, according to a ground-breaking study of investor confidence and knowledge by three professors at Cornell University's Johnson Graduate School of Management. The researchs used laboratory experiements to test investor behavior.

Released: 21-May-1998 12:00 AM EDT
Delaying Retirement Age May Not Save Social Security
University of Wyoming

A recommendation to delay the retirement age to 70 in an effort to strengthen the Social Security system is not likely to succeed, according to a University of Wyoming professor who has studied careers of older workers.

Released: 21-May-1998 12:00 AM EDT
Sdsu MBAs Get Practical Experience by Working Shoulder-To-Shoulder with Business Big Wigs
San Diego State University, College of Business Administration

Thanks to a $50,000 grant from the Kauffman Center for Entrepreneurial Leadership, the Entrepreneurial Management Center at San Diego State University will place 15 of their brightest MBA students into internships where they'll learn the ropes from some of San Diego's most successful entrepreneurs. (The grant requires a significant project be assigned to the SDSU intern who will report to senior management and sit in on senior management's meetings.)

Released: 20-May-1998 12:00 AM EDT
LSU startup company uses Russian technology
Louisiana State University

Corrosion prevention may get a big boost from a new process being developed by a company at LSU. The story of the company, Metal Technology, is also a window into the last days of the Russian Communist era and into a possible future of the steel industry worldwide.

Released: 20-May-1998 12:00 AM EDT
Secretary Pena's Proposal to Utilities
Nuclear Energy Institute

Energy Department (DOE) proposal to settle the contractual issues raised by the agency's failure to meet its Jan. 31, 1998, deadline to begin accepting used fuel from commercial nuclear power plants

Released: 15-May-1998 12:00 AM EDT
Purdue Students Invent Soybean-Based Ski Wax
Purdue University

From the flat, fertile farm fields of Indiana comes the latest innovation in alpine skiing ã a soybean-based ski wax that's kinder to the ski slopes because it's petroleum free.

Released: 15-May-1998 12:00 AM EDT
Monsanto Receives "Inherit the Earth" Environmental Award
Connecticut College

Monsanto Company receives "Inherit the Earth" gold medal award from Connecticut College for combining "environmental stewardship with jobs, productivity, and profits."

Released: 13-May-1998 12:00 AM EDT
Marine Coastal Policy Report at National Press Club
National Sea Grant College Program

National Press Club "Morning Newsmaker" News Conference with Professors Robert Knecht and Biliana Cicin-Sain, of the University of Delaware Center for the Study of Marine Policy discussing critical issues facing U.S. coastal tourism and recreation industries as the largest and fastest growing economic segments of the U.S. service industry.

12-May-1998 12:00 AM EDT
Can Pollution Prevention Investments Produce a "Win-Win" for Industry and the Environment?
Resources for the Future (RFF)

Is American industry passing up opportunities to profit by operating "clean and green?" A new report released by Resources for the Future (RFF) addresses this question through three case studies of pollution prevention-related decisionmaking at three multinational chemical manufacturers headquartered in the U.S.

Released: 8-May-1998 12:00 AM EDT
Loan Consolidation: Fiscal Savior or Final Step to Financial Ruin?
Purdue University

Loan consolidation -- paying off several smaller debts with one larger loan -- has just delayed financial disaster for many consumers rather than helped them avoid it, according to a Purdue University expert on family finances.

Released: 8-May-1998 12:00 AM EDT
Strong Management Teams, Not Hero CEOs Make Companies Prosper
Cornell University, Johnson School

Sucessful management teams -- those with both a "directive" leader and openness to new information--were best able to mobilize the energies and talents throughout an organization, according to a new study at Cornell's Johnson Graduate School of Management.

Released: 8-May-1998 12:00 AM EDT
Conference Board Announces Best in Class Awards
Conference Board

Five companies were today named winners of The Conference Board's "Best in Class" Awards.

Released: 6-May-1998 12:00 AM EDT
University of Iowa

IOWA CITY, Iowa -- University of Iowa law students are hoping that a new "electronic handbook" that they have developed will help explain the complex, yet important, world of international finance and the International Monetary Fund (IMF) to people without advanced degrees or years of study.

Released: 5-May-1998 12:00 AM EDT
Cornell MBA Compensation Tops $117,000
Cornell University, Johnson School

Starting salaries, signing bonuses, and other job perks have sent the total compensation package for MBA students at Cornell's Johnson Graduate School of Management up to $117,000. That's up 29% from last year's total of $92,000.

   
Released: 5-May-1998 12:00 AM EDT
Students do online queries for real clients
Cornell University

Students at Cornell are learning to conduct online searches for corporate clients in search of competitive information



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