Category: Uncategorized

BofA CEO Lewis resigning

After months of legal scrutiny of Bank of America’s takeover of Merrill Lynch, BofA CEO Ken Lewis says he’ll step down at year’s end.  School of Management Professor James Post, an authority on corporate governance and business ethics, says the momentous changes that Lewis orchestrated left BofA vulnerable and Lewis himself personally accountable. “What brought […]

From Nutrition Professor Joan Salge Blake:

According to Registered Dietitian and healthy eating expert Joan Salge Blake, “An apple a day could keep the cardiologist at bay…Full of heart-healthy fiber, potassium, and natural sweetness, go hog wild with this season’s bounty of crisp fall apples. Take heart in knowing that a healthy diet rich in fruits, such as apples, and veggies […]

Pickup sales drop crimps automakers

With pickup truck sales at a 25-year low, automakers are facing signficant pressure to offset the losses.  School of Management Dean Lou Lataif, a former Ford Motor senior executive, says the basic business model for all auto manufacturers is under stress. “Automakers will need to continue to rationalize their cost structures while adding features and […]

Microsoft trims exec compensation

With Microsoft showing its first-ever drop in annual revenue due to the bad economy, the software giant has cut the annual pay and awards to its top executives.  School of Management Professor James Post, an expert in corporate governance, says Microsoft provides an example of good compensation practices that should be minicked. “This sends a […]

Senate Finance rejects public option

On a 15-8 vote, the Democratic-controlled Senate Finance Committee has rejected the “public option” in the healthcare reform bill sponsored by chairman Max Baucus.  School of Management Professor Stephen Davidson, author of “In Urgent Need of Reform: Saving the U.S. Healthcare System,” says without a government-run option, the insurance industry won’t be able to keep […]

Big Pharma chases vaccines

Big Pharma players Johnson & Johnson, Abbott, and Merck all bet on vaccines this week by making deals for the rights to new flu vaccines.  School of Law Professor Kevin Outterson, director of the Health Law Program and an authority on drug marketing, says vaccines are hot because they’re the most expensive in history. “With […]

CBS partners with GlobalPost

In a sign of the media times, CBS News has entered a partnership with GlobalPost.com in an effort to better cover world news using the reporting resources of the new Boston-based Web site.  Journalism Professor Bob Zelnick, a former ABC News foreign correspondent, says it should help CBS’s coverage of foreign news. “We would all prefer network […]

SNL’s “f-bomb” boo-boo

In her “Saturday Night Live” debut as a cast member, Jenny Slate uttered the “f-bomb” in a sketch littered with fake obscenities.  College of Communication Professor T. Barton Carter, a Federal Communications Commission expert, reminds that indecency regulations only apply between 6 a.m. and 10 p.m. “Although this may be a public relations problem for […]

Xerox adds business-services provider

Following other tech giants in bolstering revenue from services, Xerox has agreed to buy Affiliated Computer Services, Inc., for $6.4 billion.  School of Management Prof. N. Venkat Venkatraman, chair of the Information systems Department, says the move was a competitive necessity. “The premium seems a bit high, but the acquisition gives Xerox decent scale to […]

The return of paper coupons

With Americans dealing with the down economy, discount coupon redemption is booming this year and expected to grow.  School of Management marketing Professor Shuba Srinivasan says looking for value and being thrifty is now “in” again. “In the current economic climate, consumers have been quick to cut budgets, yet seem willing to shop when discounts […]