Business News

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Chronic income worries and delayed marriage are behind a decades-long slump in home ownership among young people, according to a study by a University of Iowa economist.

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The Enterprise Risk Management Initiative (ERM) at the North Carolina State University Poole College of Management ERM Roundtable Summit provides insight and continuing professional development for individuals serving in enterprise-wide risk management leadership roles.

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Michael P. Straightiff, director of biomedical engineering commercialization in Case Western Reserve University's Technology Transfer Office, has been named director of the University of Virginia Patent Foundation, effective Sept. 21.

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Building Entrepreneurs in Software and Technology (BEST) competition to be most valuable in the world for students at a university.

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Mayor Menino joins with Babson College to open Babson Boston, the Innovation District’s first major academic facility.

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While many Americans believe they, like George Washington, cannot tell a lie, a Mississippi State business researcher is finding that most have no problem fudging facts under the "right circumstances." While lie detection has been well documented in face-to-face communication, this study targeted computer-mediated communication, including e-mail, instant messaging, chat, and text messaging to judge the effect of these "distancing" technologies on lie detection. In an increasingly 'virtual' world, this research has more relevance than ever.

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David Kautter most recently served as Ernst and Young’s director of national tax, and is keenly aware of how President Obama’s American Jobs Act’s proposed tax cuts/credits aimed at employers and extending payroll tax cuts further for employees will be met by the business community and on Capitol Hill.

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After raising nearly $50,000 over the past two years to support research, treatment, prevention, and education programs at New Jersey’s only NCI-Comprehensive Cancer Center, Allstate New Jersey Insurance Company has kicked off its 2011 “Quotes for a Cure” program. This year, Allstate New Jersey hopes to raise more than $40,000 for The Cancer Institute of New Jersey through the program, which runs through November 1.

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Wellness through exercise, knowledge through play and video games on the go are a few of the offerings hatched in the 2011 Darden Business Incubator.

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New, manager-level education program being offered for corporate travel managers.

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Mayo Clinic officials today announced the Mayo Clinic Care Network, a network of provider organizations benefiting from access to Mayo Clinic expertise. Mayo Clinic Care Network members will have Mayo Clinic expertise at their fingertips, including the ability to connect with Mayo Clinic physicians, to help them care for their patients and improve their system and the health of their communities.

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Sandia National Laboratories generated nearly $1 billion in both direct and indirect economic output in the state of California in 2010 with nearly half coming from the San Francisco Bay Area, according to a new report prepared by the Center for Economic Development (CED) at California State University-Chico.

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The Institute of Food Technologists (IFT) announced that it will lead two pilot programs for the U.S. Food and Drug Administration (FDA) designed to test and study various product tracing systems. The purpose of these pilots will be to identify methods to rapidly and effectively trace food products throughout the supply chain so that, during a food-related outbreak, products can be quickly identified and removed from the marketplace, which will ultimately help minimize the number of consumers affected by a contaminated product.

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Sinai Hospital of Baltimore has received a $1 million gift from the Moser Family Philanthropic Fund to support the hospital’s community outreach programs.

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Audi took the top rank in the second-annual Prestige 100®: China IQ, which measures the digital footprint of 100 prestige brands in China, the world’s fastest-growing luxury market.

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A new kind of retail store has opened in Vienna. Savvy Rest Natural Bedroom is a single-destination resource for non-toxic bedroom furnishings. The store features organic mattresses and bedding, and naturally-finished, sustainably-sourced furniture.

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A new initiative at The University of Alabama will allow incoming freshmen them to combine their strength in science, technology, engineering or math (STEM) with their interests in business and complete their undergraduate studies and earn a master’s degree in business administration in five years.

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Larry M. Goldberg, chief executive officer, Vanderbilt University Hospital, Nashville, Tenn., has been selected as the new president and chief executive officer of Loyola University Health System (LUHS). He will officially join the health system in mid-October 2011.

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The H. Wayne Huizenga School of Business and Entrepreneurship at Nova Southeastern University (NSU) recently welcomed eight professors who joined the school to teach in the 2011-12 school year, which began Monday.

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The Social Entrepreneurship by Design course at Babson College, jointly taught by professors from Babson and Olin College of Engineering, has received the Innovation in Entrepreneurship Pedagogy Award from Academy of Management Entrepreneurship Division and McGraw Hill.

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Tayloe Murphy Center Resilience Awards dinner and announcement of winners.

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A new study from the University of Iowa suggests that social media users with small numbers of more talkative friends might be more influential with their online network of acquaintances than users with a larger network.

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Executives from across the cleaning product supply chain worldwide can now plan for the industry’s major business forum, the 2012 American Cleaning Institute (ACI) Annual Meeting & Industry Convention. The meeting takes place January 29-February 4, 2012 at the Grande Lakes Orlando in Orlando, Florida.

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Roger Clemens, DrPH, Chief Scientific Officer of the E.T. Horn Company, is the new President of the Institute of Food Technologists (IFT), a nonprofit scientific society for professionals engaged in food science, food technology, and related areas in industry, academia, and government.

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Source Alert: USC experts available as sources for the media on topics such as job creation, corporate taxation, inflation, global competition, and mortgage relief, and to comment on President Obama's speech on the economy scheduled for Thursday, September 8, 2011.

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Drugs produced in offshore manufacturing plants –- even those run by U.S. manufacturers -- pose a greater quality risk than those prepared in the mainland United States, a new study suggests.

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Students from as far afield as India, New Zealand, Pakistan and Russia arrived at the Darden School of Business for the inaugural residency of its new Global MBA for Executives program.

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The new regulatory banking standards called “Basel III” slightly decrease but do not eliminate systemic risk in the banking system, according to research at the University of California, Berkeley’s Haas School of Business. Furthermore, the study suggests successful mortgage markets in Western Europe provide useful models for mortgage reform in the US. Because these healthier markets do not contain public lenders such as the Fannie Mae and Freddie Mac, Professor Jaffee proposes the elimination of Fannie Mae and Freddie Mac as a critical step toward healing the domestic economy.

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As the U.S. and European economies destabilize under the pressure of debt, the global economy is leaning heavily on China. “Consumers — historically and especially during times of economic decline — value price over quality,” says Karen Hogan, Ph.D., professor of finance at Saint Joseph's University in Philadelphia. “China offers the U.S. and European economies cheap labor and affordable imports; we’re hooked on it.”

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Babson College is hosting 30 days of activities, videos, and hands-on opportunities for the Babson community during the month of September to celebrate Babson’s commitment to the United Nations’ Principles of Responsible Management Education (PRME).