Business News

• share
• favorite_border

The Park Leadership Fellows Program at Cornell's Johnson Graduate School of Managment, which offers two-year, full-tuition fellowships to 30 of the nation's top MBA applicants each year, has appointed its first director. Clint Sidle, who has taken on that role, will direct the Fellows program and help develop the other components of the Johnson School's leadership development offerings, including hte Distinguished Speakers series,the Young Leaders series, the annual Leadership Forum, and the Johnson Mentor Program.

• share
• favorite_border

The American College of Occupational and Environmental Medicine named The Boeing Company, IBM, First Chicago NBD, and Johnson & Johnson as the "healthiest companies" in its 1998 Corporate Health Achievement Award competition.

• share
• favorite_border

Few people are cut out for pressure-cooker jobs such as being a 911 operator or an air traffic controller. University of Washington psychologist have determined that certain people seem to possess a common trait that enables them to handle these kinds of jobs, sometimes involving life and death, and have developed a new test that identifies these individuals.

• share
• favorite_border

The Krannert Graduate School of Management at Purdue University and other business schools around the country are using community service activities to teach leadership and a sense of community to students. For the third time in as many years, the approximately 100 graduate students involved in Krannert's Management Volunteer Program, or MVP, have won the national "MBAs make a difference day" award.

• share
• favorite_border

Biomedical research has been shifting from a commons to a privatization model. Federal patent policy in biomedical research imposes social costs overlooked in the public debate. Granting too many patent rights in pre-market or "upstream" biomedical research paradoxically may stifle discovery of life-saving "downstream" products.

• share
• favorite_border

This monthly update is designed to keep you informed about activities at the Babson School of Executive Education, which provides management development programs to companies around the world.

• share
• favorite_border

The methods that managers use to assign employees to workplace teams can have significant effects on worker attitudes and even performance, new research shows.

• share
• favorite_border

Most biotechnology firms created during the 1980s were developed near the scientists who made the initial discoveries underlying the technology, new research shows.

• share
• favorite_border

New Computer Technology Provides Interface Based On Eye Movement; Consumer Interactive Music Product Delivers Creative Expression

• share
• favorite_border

You can shop, search and email on the Internet. Now you can also raise capital on-line. Constance Bagley, a senior lecturer at Stanford Business School, has co-authored a detailed article about the growth of initial public offerings on the Internet. She warns that such practices raise questions about legality and liquidity.

• share
• favorite_border

In an increasingly diverse population, consumers outside a company's intended target market are exposed to targeted appeals, which can sometimes get companies into trouble. Sonya Grier, an assistant professor of marketing at Stanford Business School, has examined the difficult questions raised by nontarget marketing -- appeals aimed at one group that unintentionally reach another.

• share
• favorite_border

In 1995, Congress passed a controversial "safe harbor" law, aimed at reducing frivolous shareholder lawsuits and allowing executives to be more generous with forecasts. Critics feared the new law would license executives to predict rosy profits in order to drive up stock prices. What has happened since the law took effect? Two Stanford Business School faculty members find the new law has had a positive effect.

• share
• favorite_border

Despite strong economic growth and record low unemployment, the gap between America's richest and poorest families has sharply increased over the last 20 years, according to a Conference Board report.

• share
• favorite_border

Wall Street "whispers" are speaking louder than ever to the financial community. A study of "whisper forecasts," the unofficial corporate earnings forecasts that circulate among traders and investors, concludes that the whispers tend to be more optimistic and often more accurate than traditional earnings forecasts.

• share
• favorite_border

Northwestern engineering freshmen launch their own company -- and a club for other students who want to do the same.

• share
• favorite_border

A University of Missouri-Rolla professor's recently patented process for evaluating every phase of a product's development -- from conception to marketing -- should mean big savings to AT&T, Paradyne and other companies.

• share
• favorite_border

President Clinton's recent six-nation tour of Africa sets the stage for a new relationship between the United States and the continent, says a Ball State University educator.

• share
• favorite_border

If 1997 was any indication, Purdue Agriculture's May graduates should fare well in the job market. Placement was strong and salaries up for May 1997 graduates, according to an annual placement survey.

• share
• favorite_border

While most human resource departments are streamlining their operations, HR units often lack adequate budgets and clout to achieve optimum solutions to their information technology needs, according to a report issued today by The Conference Board.

• share
• favorite_border

Think you might be paid less than your co-workers who do the same job? Looking for a new job on account of it? In situations such as these, says a management expert at the University of Illinois at Chicago, race and sex matter. Studies by Maryann Albrecht found that men of color and women of all races perceive they are paid less than people who do the same work at the same company.

• share
• favorite_border

Responding to the rapid changes taking place in the energy industry, including the development of a deregulated, competitive electricity market, the University of Texas-Austin and Enron have teamed up to launch the nation's first Energy Finance program today.

• share
• favorite_border

Boston College has joined Peking University in Bejing, China, and 24 other American business schools in creating the Bejing International Management Center, it was announced today by John J. Neuhauser, the dean of Boston College's Carroll School of Management.

• share
• favorite_border

IOWA CITY, Iowa -- Federal regulations that say employers must provide toilet facilities for their workers also mean that workers must be permitted to use the bathroom when they need to at work, according to new guidelines issued this week by regulators to clarify an issue that two University of Iowa professors raised with OSHA and have been closely watching.

• share
• favorite_border

Technology education is no longer the domain of trade schools and correspondence courses, according to Ronald J. Burkhardt, director of student services for Purdue University's School of Technology. "A college degree really does make a difference in this field," Burkhardt explains. "And a Purdue degree carries a lot of weight with employers."

• share
• favorite_border

Today's business leaders can benefit by following some of the practical lessons taught by Jesus, according to Charles C. Manz, professor of business leadership at the University of Massachusetts and author of the new book "The Leadership Wisdom of Jesus."

• share
• favorite_border

For the second time in just over two years, two Simon School professors in computers and information systems have won top honors from their peers and computer industry professionals. Rajiv M. Dewan and Abraham Seidmann have won the 1998 HICSS award for the best research paper in the Collaboration Systems and Technology Track.

• share
• favorite_border

The euro is emerging as a strong and stable currency that will increase its relative parity with the U.S. dollar, according to an analysis released today by The Conference Board.

• share
• favorite_border

-As one of the smallest and youngest top-tier business schools in the country, the William E. Simon Graduate School of Business Administration is nevertheless a pioneer in M.B.A. education, as evidenced by the School's top-25 placement in U.S. News and World Report's 1998 business school rankings. This standing, coupled with a continuing increase in recruitment activity and corporate recognition of School programs, has made Simon a front-runner in meeting today's growing demand for well-trained M.B.A. graduates.

• share
• favorite_border

Statement from Joe F. Colvin, president and chief executive officer Nuclear Energy Institute in response to Department of Energy Secretary Federico PeÃ’a's resignation

• share
• favorite_border

AT&T, American Express, Chevron, Coca-Cola and Disney are among the "Dow 30" stocks that can expect to report earnings that will exceed analysts' expectations for the next quarter, according to Dr. Lawrence Brown, a Georgia State University professor.

• share
• favorite_border

Using the equity in their home as a source of income is a viable option that many older homeowners may be overlooking, according to a Purdue University expert. Reverse mortgages allow older people to borrow the equity they have in their home. But unlike a traditional home-equity loan, the money borrowed is not repaid in monthly installments. Instead, the homeowners remain in their house and receive income until they die or the loan is terminated.

• share
• favorite_border

For today's entrepreneur, electronic commerce may well be a deciding factor in the company's future.

• share
• favorite_border

After thorough deliberation, the judges in the final round of the NASDAQ-SDSU International Student Business Plan Competition chose the team from the University of Georgia as the $10,000 Grand Prize winner.

• share
• favorite_border

IOWA CITY, Iowa -- Accountants who can write? ... In proper, readable English? Some would say that's as likely as having the Internal Revenue Service offer refunds for poor customer service. But turning out future accountants with communications skills that are as well developed as their bookkeeping prowess is an increasingly important goal of the Department of Accounting at the University of Iowa College of Business Administration.

• share
• favorite_border

Cornell Law professor Fred McChesney exposes a political phenomenon that pays congressmen for legislative inactivity in his new book, "Money for Nothing: Politicians, Rent Extraction, and Political Extortion"

• share
• favorite_border

Young men who jump from one job to another in their early years after school don't seem to be hurting their later wages, a new national study suggests. If anything, men who stay in their first occupation or industry may earn 5 to 7 percent less than their peers.who have moved on, according to the results.

• share
• favorite_border

Within the next few years, many consumers across the country will have the opportunity to choose their electric utility just like they choose their long-distance phone service. And, for most people, that will mean lower prices, says an Ohio State University expert.

• share
• favorite_border

Development Dimensions International Inc., an international human resource consulting firm, is giving a $125,000 grant to the Center for Chinese Business at West Virginia University to hold workshops in China and sponsor one Chinese participant per year for three years in the Shanghai Municipal Government Executive Education Program in Morgantown.

• share
• favorite_border

A hybrid master's program in finance and science at Purdue University could put physicists to work on Wall Street and has caught the attention of financial firms. Purdue's computational finance program is the first to include physics in an interdisciplinary curriculum designed to produce graduates who combine high-level calculation skills with an understanding of business and finance.

• share
• favorite_border

When does an idea belong to an employee and when can a company claim incubation rights? Richard Mason, the incoming director of SMU's Maguire Ethics Center and current distinguished professor in MIS at SMU's Cox School of Business, tackles this issue. Using the case of Brown v. DSC Communications, Mason discusses questions including who owns intellectual property and where is the line between ideas created at work and those created on personal time.

• share
• favorite_border

The bottom line is this - life is negotiation." However, research shows that less 50% of people don't negotiate their salary. In a new soon-to-be- published book by Dr. Robin Pinkley of Southern Methodist University and her partner, Gregory Norhtcraft of the University of Illinois Urbana-Champaign, the authors help professionals redefine the negotiation playing field. Entitled "Turning Lead to Gold: The Experts Guide to Negotiating Salary & Compensation," this innovative book shows how the professional who fails to successfully negotiate his/her salary shorts themself by literally millions over the life of a career.

• share
• favorite_border

A new paper issued by Resources for the Future looks at a variety of factors that may influence the rate at which state legislators and regulators move toward establishing retail competition among electricity suppliers. Researchers find that legislators are more likely to have considered adopting retail wheeling if consumers have much to gain from lower prices, or prices differ substantially from those in neighboring states.

• share
• favorite_border

Shoppers buy more if they see a supermarket display that advertises a specific purchase quantity number, such as ì3 for $3.00,î or ìLimit 12 cans per person.î By varying the displays in 89 supermarkets in Chicago, Philadelphia, and Iowa, it was discovered that numerical displays increased the sales of some products by over 100%.

• share
• favorite_border

Your employer unjustly accuses you of stealing $50 from the office coffee fund. You are able to prove your innocence, but your employer fires you anyway. Can your boss legally do this? If, like most non-union employees, you do not have a specific ìjust-causeî employment contract, the answer is: Yes. A survey conducted by a law professor at Washington University in St. Louis uncovered that an overwhelming majority of employees erroneously believe they are legally protected against being unjustly or arbitrarily discharged.

• share
• favorite_border

The Clinton Administration is missing a key tool in its efforts to chart a strong energy future, namely a strategy to maintain a viable nuclear energy program.

• share
• favorite_border

Business call center budgets are growing by 12 percent per year, salaries are on the rise, and employee turnover is down, according to a Purdue University study.

• share
• favorite_border

Twenty university-level student teams from around the world (including one each from Russia, Ecuador, Mexico and South Africa) will compete for the $10,000 top prize in the Ninth Annual NASDAQ-SDSU International Student Business Plan Competition hosted by San Diego State University's Entrepreneurial Management Center. The forum provides students with the experience of pitching their business concept to seasoned professionals in a way that mirrors real life. Students gain invaluable input and business contacts they likely would not have made on their own.

• share
• favorite_border

St. John's University (NY) Establishes Financial Services Institute which will prepare men and women for careers in the global financial services sector as well as expand the knowledge and skills of individuals already working in the industry.

• share
• favorite_border

ASME International (American Society of Mechanical Engineers) and the Ministry of Labour of The Peopleís Republic of China have agreed on a program of joint assessment of boiler and pressure vessel manufacturers.

• share
• favorite_border

A new book released by Resources for the Future (RFF) documents the progress made in controlling pollution in the U.S. over the last two decades but also finds that there are many unaddressed problems and a pressing need for a major overhaul of the regulatory system. The 336-page book, "Pollution Control in the United States: Evaluating the System," is the culmination of a three-year investigation by RFF's J. Clarence (Terry) Davies and Jan Mazurek. It is the most balanced and comprehensive review to date of the successes and failures of U.S. environmental laws.