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Obama’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 or less have…
Professor Michael Roberto’s Blog: Cooperation & Competition in the Venture Capital Market
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…
Internet 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.…
Worst 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…
NASA 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…
Biz 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…
Professor 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,…
Business 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…
Cyber 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…
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…