Monthly Archives: August 2009

Bernanke renominated as Fed chair

President Obama says he is seeking stability at the Federal Reserve by nominating Ben Bernanke to a second term as chairman, which must be approved by the Senate.  School of Law Professor Cornelius Hurley, a former counsel to the Fed Board of Governors and now director of the Morin Center for Banking and Financial Law, […]

Nokia unveils netbook

Nokia, the world’s largest cell-phone maker, is getting back in the PC industry, announcing a new wireless netbook with a 10-inch screen running on Microsoft software.  School of Management Professor N. Venkat Venkatraman, head of the Information Systems Department, says Nokia is making sure it isn’t left out of the tablet/netbook segment, especially with Apple […]

P&G sells prescription drug unit

Proctor & Gamble has agreed to sell its prescription drug business for $3.1 billion to the Irish pharmaceutical firm Warner Chilcott.  School of Law Professor Kevin Outterson, an authority in pharma law and marketing, says the deal is evidence of further consolidation in the prescription drug industry. “P&G evidently decided they couldn’t compete at at […]

Cash for Clunkers ending

With experts still debating if the program will have had any significant positive environmental impact, the govenment’s “Cash for Clunkers” rebate program comes to an end with about a half million vehicles sold.  School of Management Dean Lou Lataif, a former Ford executive, says the initiative had some positive value. Contact Lou Lataif, 617-353-2668, lelataif@bu.edu

Murdoch seeks online consortium

Rupert Murdoch’s News Corp. reportedly has been meeting with major newspaper publishers nationwide about creating a consortium to charge for news distributed online and on portable devices.  Journalism Department Chairman Lou Ureneck, an authority on the business of news, can discuss this latest proposal to wring revenue from Internet readers to help finance the cash-strapped […]

Brett Farve, 40 Year Old Phenom

School of Education Professor and Sports Psychologist Len Zaichkowsky has his own theory on why NFL quarterback Brett Farve decided not to retire: “..this is what he knows, he’s a football player, a professional quarterback, and he knows he’s one of the best” and what it will take for Favre to finally leave the game: […]

Healthcare debate’s public option

President Obama reportedly was caught unprepared for the intra-Democratic Party infighting over healthcare-reform proposals, particularly over the proposed “public option” to compete with private insurance companies.  School of Management Professor Stephen Davidson, author of “In Urgent Need of Reform: The U.S. Healthcare System,” argues in a Huffington Post commentary that advocates of the public option […]

UBS coughs up U.S. tax-cheat names

Swiss bank UBS, in a U.S. tax-evasion settlement, is handing over some 4,450 names of U.S. account holders.  Still more names should surface from the amnesty program which has identified another 10 Swiss and European banks where accounts are held.  Meantime, court papers show how a UBS whistleblower, an American, started it all.  Law Professor Daniel […]

Violence preceeds Afghan election

With violence escalating as the Afghan election approaches, the government is barring reporting on election-day disturbances.  Despite the turmoil, however, embattled President Hamid Karzai appears headed for re-election.  Journalism Professor Nick Mills, who has known Karzai since running BU’s Afghan Media Project in the 1980s, can comment on the situation. Contact Nick Mills, 617-353-3492, nmills@bu.edu

From Nutrition Professor Joan Salge Blake:

Nutrition Professor and healthy eating expert Joan Salge Blake claims that a recent PETA advertisement which includes an obese women with the caption “Save the whales. Lose the blubber: Go Vegetarian” not only “misses the boat when motivating Americans to lose weight, but also is not accurate.” Salge Blake’s Truth About Vegetarianism: “A vegetarian diet […]