G.E. to purchase Lufkin Industries
General Electric Company announced Monday that they have agreed to buy out Lufkin Industries Inc for $2.98 billion. Lufkin is a part of the oil industry where they are known for their artificial...
View ArticleCyber attacks causing damage
The advances of society will not distinguish between good and evil, thus they are as dangerous as they are helpful. That comes out in the use of cyber-terrorism, where the attacks aren’t aimed at...
View ArticleBusiness travel to increase
Companies will begin to send their employees out on the road significantly more this year. They will even send them to those meetings and conventions that were bypassed because of the economic...
View ArticleProfessor Michael Roberto’s Blog: Starbucks, Price Decreases, & Game Theory
Business Week has an interesting article about the recent decision by Starbucks to cut prices on its coffee sold in grocery stores by $1 per bag. According to the article, “Last quarter the company...
View ArticleBiz Snaps
• A new study published in The Journal of the American Medical Association found that hospitals often make more money when surgery goes wrong. Generally when there is a surgical mishap a person will...
View ArticleNASA and MIT to search for habitable planets
Life on Mars? This question has endured through centuries of scientific inquiry without a definite answer. We know that the world will end, albeit without consensus on when, so it became important to...
View ArticleWorst CEO Mishaps of 2012
Aubrey McClendon- Former CEO of Chesapeake Energy Had several huge conflicts of interest: (1) borrowed $500 million for personal use from EIG Global Energy Partners (2) ran a secret $200 million hedge...
View ArticleInternet taxes
The highest court in New York has given its support to a remote seller law, by which they mean one that applies to people who conduct business over the Internet. In this case, it is those who conduct...
View ArticleProfessor Michael Roberto’s Blog: Cooperation & Competition in the Venture...
Yael Hochberg, Michael J. Mazzeo and Ryan McDevitt have conducted some interesting new research on competition and cooperation in the venture capital market. They found that competition has a different...
View ArticleObama’s tax plan
President Barack Obama’s revenue proposals for the 2014 budget would intentionally raise taxes on the highest- income American households. Individuals making below $200,000 and couples making $250,000...
View ArticleBiz Snaps
- On Saturday, The New York Stock Exchange ran a successful test run of Twitter’s initial public offering. This is in light of their hopes to avoid the technical problems that they faced in...
View ArticleChina moving to pay off debt
The United States government doesn’t know it, but when one has a debt it is usually customary to pay it back. For years, China has owned more U.S. debt than any other country. Something many don’t...
View ArticleWhy buy a newspaper?
It is obvious that newspapers no longer hold the same power they once did in American media. They face countless and continual challenges in trying to survive the digital age. In lieu of a thoroughly...
View ArticleFirst female president
First female president. What do I mean by this? I am referring to the possibility of the United States having a female at the head of the Federal Reserve for the first time in its history. The woman...
View ArticleKindle to capture bookstores?
Amazon.com has to cozy up with some of their biggest rivals as they try to sell more Kindle e-readers and tablet computers. The world’s largest Internet retailer unveiled a new program called Amazon...
View ArticleFinding the perfect job
Every year, students often convey this same basic message about the job search process: “The Amica Center only has accounting jobs. There’s nothing there for me.” The message could not be farther...
View ArticleJohnson & Johnson to pay $2.2 billion
At a time where we are seeing many large financial firms in the news for receiving record fines, there is yet another blue chip company facing penalties. In this case, Johnson & Johnson is to pay...
View ArticleThe technology battle of Apple vs. Android
As phone technology continues to advance, the battle between rival companies is heating up. Many questions arise for consumers when going to buy a new phone, and there are many aspects that drive their...
View ArticleObama’s movement towards making college more affordable
Public and private universities take pride in preparing students for the “real world” once they exit college. Schools hope that a high percentage of graduates will leave with a full-time job that...
View ArticleAmazon to start Sunday delivery
In a monstrous deal, Amazon.com has unveiled a new partnership with the United States Postal Service to deliver online orders from the world’s largest internet retailer on Sunday for the first time....
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