Business News

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As a federal commission begins discussing possibly taxing online commerce, a Texas A&M University marketing professor cautions against rushing to regulate Internet-based business.

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The U.S. Department of Agriculture announced it is proposing to recognize regions in the European Union as free of hog cholera, foot-and-mouth disease, and swine vesicular disease.

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A travel advice Web site designed by a company headquartered at the Purdue Research Park is now easily accessible to American On Line's 17 million customers.

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Minimum wage hardly helps poor workers; instead, we should expand the Earned Income Tax Credits that targets workers with low family incomes, says a Cornell University professor who testified on minimum wage policy before a U.S. House of Representatives Committee.

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Green watermelons--a serious economic threat to farmers and a disappointment for consumers--may be quickly and automatically rejected by a new machine invented by four University of Delaware engineering students. The computer-controlled ripeness sensor ultimately could result in huge savings for the global watermelon industry.

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Purdue University students are cashing in on a course that teaches them the ins and outs of investing, particularly on-line investing, at an early age.

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Six years ago, an economics journal suggested that milk producers who pay "check-off" allocations may be better served spending that money on research, rather than on milk promotion and marketing. Now, Cornell University agricultural economists say that the mathematical model used in that study may be incorrect due to erroneous assumptions, and in some cases money spent on consumer promotion will pay off better.

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Nearing the June 18 release date for the final report of the National Gambling Impact Study Commission, a new, non-sponsored university study concludes that counties with casino gambling have an 8 percent higher crime rate on average than counties without casinos. The study found that higher crime rates donít occur immediately, but typically begin emerging in the third year after a casino opens in a community.

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St. John's University announced today that it is joining forces with two major organizations established to combat sweatshops and the exploitation of apparel workers worldwide, committing funds to support this cause at levels exceeding any other college or university in the country.

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Research and development (R&D) spending in the United States reached an estimated $220.6 billion in 1998, says a new National Science Foundation (NSF) report.

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The U.S. Department of Justice is investigating 30 price-fixing cases, and many involve food additives, feed supplements and vitamins, says Purdue University ag econ professor John Connor, an expert on price-fixing cartels. He says news about agribusiness price-fixing scandals will become more common in coming months.

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The University of Maine's Bureau of Labor Education has released "A National Guide to Employment Law," a user-friendly guide to the multitude of laws that cover American workplaces.

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Richard A. Cosier, dean of the business school at the University of Oklahoma, will be the next dean of the Purdue University School of Management and the Krannert Graduate School of Management.

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American consumers remained on a buying binge while maintaining a record-low savings rate during 1999's first quarter, says the director of Wake Forest University's Center for Economic Studies.

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Some of the talk about making people and organizations more accountable may amount to just that -- talk with little real payoff, a Carnegie Mellon University study shows.

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The University of Illinois at Chicago College of Business Administration is one of only 370 U.S. colleges and universities to have earned accreditation from the AACSB, the International Association for Management Education.

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Scholars and industry leaders will explore the implications of the digital age at a Bell Atlantic-Temple University Conference June 3-5 at Temple's SugarLoaf Conference Center in Philadelphia.

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An innovative program that operates community pharmacies jointly through the University at Buffalo School of Pharmacy and Tops Markets, Inc. has resulted in better care for patients and better use of pharmacists'skills, and in some cases, a significant increase in business in the pharmacies.

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As business organizations become "flatter" in structure, an employee's ability to work with others is increasingly critical to job success, says a University of Illinois scholar who has developed a scale to measure an employee's interpersonal savvy.

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Wanting to protect the family's financial health, but unsure what to do? A big chunk of the puzzle is identifying and managing risks, and many middle-of-the-road wage earners don't understand the game, says a University of Illinois Extension educator.

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How can privacy be protected in the digital age? Who should regulate the Internet? What are the ethics of business in cyberspace? These and other timely topics are the focus of a multidisciplinary conference on ethics and technology to be held at Boston College June 4-5.

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As hot as business courses are in college, college-bound high-schoolers still take college prep courses, and the "business track" remains associated with low achievement--but not at the Talented and Gifted Business Administration Summer Institute at Baldwin-Wallace College in Berea, Ohio.

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Students in associate professor Rob Bloomfield's equity research course at Cornell University's Johnson Graduate School of Management have posted on the World Wide Web a semester's worth of carefully researched stock information on companies they have identified as good investments largely ignored by professional analysts at investment firms.

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Some 300 business leaders and public officials from New Mexico, Arizona, Colorado, Texas and Utah will explore the potential of technology-driven industry clusters during the Conference on the Southwest as a Region of Innovation: Steps Toward the Next Generation Economy, June 17-18 at the Albuquerque Convention Center.

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The euro may weaken before rebounding toward the end of the year and into 2000, as European economic growth picks up and interest rates rise, according to an analysis released today by The Conference Board.

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Using a first-of-its kind combination of distance learning technologies and hands-on-research experiences, Purdue University is putting a master of science degree within reach of business and industry professionals across the country.

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There are labels for everything we buy, from clothes to long-distance telephone service. In the near future, electricity customers in Maine and elsewhere will see new information labels developed on the basis of a research project involving the University of Maine, a Maine-based non-profit organization and three federal agencies.

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Rapid consumer spending coupled with a decrease in housing construction this year is increasing the possibility of higher interest rates by the Federal Reserve by its August meeting, according to the latest projections by Dr. Donald Ratajczak, director of the Economic Forecasting Center at Georgia State University.

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A new study coauthored by a University of Notre Dame marketing professor provides the first comprehensive academic analysis of "slotting fees" -- the controversial practice of retailers and wholesalers requiring a payment from manufacturers before agreeing to allocate shelf or warehouse space to the manufacturers' product.

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With Saturday's National Basketball Association draft lottery looming, two Baylor University economists have released their findings on tournament incentives in pro basketball, specifically the time-honored notion that teams "lose to win."

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Stanford Business School faculty members have taken technology as a teaching aid to a new level. They have developed a "virtual factory," which students manage 24 hours a day by computer to learn operations concepts such as capacity planning and inventory management.

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The Isenberg School of Management and the department of computer science at the University of Massachusetts join forces in an academic center to study and teach about electronic commerce. A conference in Boston in June launches the effort.

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When there's a crisis in the cockpit, why do some flight crews think on their feet and react swiftly, while other crews make potentially fatal mistakes?

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An innovative software program that will save semiconductor manufacturers billions of dollars is the winner of a business plan competition held this past weekend at the University of California, Berkeley' business school.

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In a study of the U.S. and Canadian labor markets, a Stanford Business School economist argues that education--with a focus on supplying better-educated labor--is the key to undoing income inequality.

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A Vanderbilt graduate, a former minor league baseball player, applied real world experience to an academic environment. The result: Baseball Stat Man, software with a very practical real world application.

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Cox MBAs develop marketing plans implemented by Pizza Hut, Johnson & Johnson Medical, the Dallas Mavericks, and Fiber Seal. This new marketing class offered at the Cox School of Business prepares students "to do the real thing."

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The majority of today's companies are using knowledge management programs and almost all say they will increase these efforts over the next five years, according to a new study by The Conference Board.

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In a survey of more than 1,000 online consumers with an interest in health-related topics, 54% reported that within the last six months they have visited a Web site operated by a pharmaceutical firm for the purpose of learning more about a specific prescription drug.

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The University of California, San Diego management team today won the Rochester Institute of Technology/USA TODAY Quality Cup award for its innovative approach to cutting costs, solving problems and increasing efficiency.

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U.S. institutional investments dominate those for all other countries, giving the corporate governance activism in the U.S. great potential influence over global investments, The Conference Board reports today in its Institutional Investment Report.

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Two Old Dominion University economics professors have price adjusted real per capita income to compare the relative standard of living - or buying power - among 212 United States metropolitan areas for 1996. They have also estimated real per capita income for the United States.

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Purdue University Press has just released a second edition of its popular "Wake Up Your Call Center: How to Be a Better Call Center Agent," by Rosanne D'Ausilio.

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Global business, retail innovations, and advances in technology are driving retailers and suppliers to share more information. Two Stanford Business School professors have assessed this trend as well as what data should be shared and what should be kept secret.

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Give no credit to memories of a debt-free past! A new book on consumer borrowing not only shows that its place in American history pre-dates the Mayflower, but argues that credit cards and other debts can also have a positive influence on consumers.

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The first-ever Business Plan Competition at the Haas School of Business, University of California, Berkeley has generated winners even before contest finals begin this weekend.

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In her latest research, a Stanford Business School's researcher who has studied the accuracy and bias of securities analysts, looks at what would happen if investors strictly followed analysts' advice, buying stocks they recommended and shorting issues they shunned.

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Record low unemployment is fueling a business trend to help employees balance home and work responsibilities, says a Purdue University work-life expert. U.S. companies are offering creative services from on-site dry cleaning to cafeteria take-home meals to help boost employee job satisfaction and overall wellness, says David Thompson, WorkLife program coordinator at Purdue.

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To speed up the recovery process of surgery patients and, therefore, decrease staffing costs, many hospitals have embraced fast-tracking -- keeping patients in a lighter anesthetized state so they regain consciousness sooner. However, a University of Iowa researcher has found the new strategy's may or may not save an institution money.

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A study by an assistant professor at Cornell's Johnson Graduate School of Management, shows when consensus decision-making will work and when not to use it.