Podcast: Michael Vick, celebrity endorsements, and the fallout when an icon stumbles
Michael Vick's apparent involvement in the brutal "sport" of dog fighting is the latest incident to focus attention on celebrity endorsements.
Biologic drugs a good buy in U.S.
The soaring cost of prescription drugs is a major concern in the United States, but drugs in one important category — biopharmaceuticals, or drugs produced through biotechnology — actually do not cost more in the United States. Michael F.
Reduce risk by building a diversified 'portfolio' of customers
Companies typically try to acquire the kind of customers that are immediately profitable, or show the most potential for long term value.
Edison invented the light bulb (and other myths of innovation)
From the light bulb to the Google algorithm, new ideas have changed the way we live and have created great wealth for those who bring them to market. Many of the old ideas we have about innovation are false, however.
No phone for you! Sprint-Nextel cuts off high-maintenance customers
Telecom giant Sprint-Nextel recently decided about a thousand of its customers were just a little bit too demanding, so it went ahead and fired them. The remarkable move made headlines nationwide and since has left business analysts to ponder two questions. First, was Sprint justified?
Entrepreneurs pursue passion and profits
Self-confidence, persistence, flexibility, and an affinity for success are the hallmarks of an entrepreneur: A person who'll take an idea and run with it — frequently to the bank.
Podcast: How the Fed influences credit market liquidity
As the stock market continues to shake following the crash of the subprime market, all eyes are on the Federal Reserve. Now more than ever it's important to understand how the Fed works. For example, what is the federal funds rate and how does it differ from the discount rate?
Collect calls: How the IRS aims to bring in more money
IRS officials estimate some $290 billion dollars that should have come into federal coffers in 2001 never made it into Uncle Sam's pockets. But, take heart. The IRS has a seven-component strategy for bringing in the bucks.
Jumbo woes in the mortgage market
The meltdown of the subprime mortgage industry, often associated with the lower end of the U.S. housing market, continues to spread upward, bringing uncertainty into the jumbo mortgage loan market (loans above $417,000).
A picture is worth a thousand numbers: Bringing data alive on the big screen
In our last issue, Ajay Vinze and Raghu Santanam, both information systems professors at the W. P. Carey School of Business, discussed how principles of supply chain management might be applied to public health emergencies.