Category: School of Management

Bitcoin Scandals Increase Skepticism About Currency’s Trustworthiness

February 11th, 2015 in 2015, Bitcoin, Mark Williams, Newsmakers, School of Management, 0 comments
Mark Williams, School of Management

Even as mainstream awareness about bitcoin and its possibilities has grown over the past year, the digital currency’s volatility has become a cause of worry for investors…

Expert quote:

“Bitcoin is built with clay feet. It isn’t built with a focus on trust.”

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Let Them Eat Burgers

February 5th, 2015 in 2015, Bloomberg, James Post, Newsmakers, School of Management 0 comments

PostJames (1)Bloomberg
James Post, School of Management

Shake Shack shook up Wall Street on Jan. 30. With investors eager to buy into New York restaurateur Danny Meyer’s thoroughly modern vision of a burger joint (complete with beer and wine), the company was able to sell its shares for more than it originally planned. And the stock price still doubled on the first day of trading…

Expert quote:

“A person who built up a company doesn’t want to operate at the whim of shareholders. It’s a governance problem without question, but these are situations where the investors have an optimistic outlook.”

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A Millennial’s Guide to Retirement

February 2nd, 2015 in 2015,, David Griswold, Newsmakers, School of Management 0 comments
David Griswold, School of Management

There’s been a lot of media hype that Generation Y will be in for a rude awakening come retirement because it’s said that they aren’t saving or getting jobs that pay well. Oh, and they’re not financially literate, either, according to

Expert quote:

“Buying a car is an investment. Don’t borrow for TVs or things like that. Only borrow for investments like a house, a car, or a washer and dryer.”

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As banking goes mobile, branch closures rip through local economy

February 1st, 2015 in 2015, Mark Williams, Newsmakers, School of Management 0 comments

MarkWilliams1Pittsburgh Tribune-Review
Mark Williams, School of Management

Phil Arlia has been dispensing medication in Pitcairn since 1968, but he was more than a pharmacist.

Expert quote:

“There’s no substitute for human interaction in learning financial literacy, that kid going into the branch and setting up their first account.”

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Mind Your Manners, Companies Are Rating You

January 30th, 2015 in 2015, Georgios Zervas, New York Times, Newsmakers, RESEARCH @ BU, School of Management 0 comments

zervasNew York Times (subscription required)
Georgios Zervas, School of Management

People routinely use the Internet to review services from plumbers to hairdressers. Now the tables are turned. Companies are rating their customers, casting into darkness those who do not make the grade…

Expert quote:

“There are incentives that encourage the overreporting of positive experiences and the underreporting of negative experiences.”

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Lucky charms: When are superstitions used most?

January 25th, 2015 in 2015, Carey Morewedge, Newsmakers, School of Management 0 comments

Science Blog
Carey Morewedge, School of Management

It might be a lucky pair of socks, or a piece of jewelry; whatever the item, many people turn to a superstition or lucky charm to help achieve a goal…

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Leading nonprofit jobs hold big perks

January 25th, 2015 in 2015, Boston Globe, Elizabeth Keating, Newsmakers, School of Management 0 comments

Boston Globe (subscription required)
Elizabeth Keating, School of Management

They are not only well-paid, but many receive an array of generous perks — housing allowances, home loans, club dues, and free travel for spouses…

Expert quote:

“It’s sort of become the game you play in the corporate setting — if you really want me, I’m going to get you to put as much on the table as you’re willing to put,.”

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Derek Thompson: Turning customers into cultists

January 24th, 2015 in 2015, Dallas Morning News, Newsmakers, School of Management, Susan Fournier 0 comments

susan-fournier-300x300Dallas Morning News
Susan Fournier, School of Management

In the third week of September, thousands of people organized themselves into neat lines that snaked along the city blocks of New York, Seattle, London and dozens of others around the world. Sleeping in cardboard boxes or keeping wakeful vigil through the night, they were participants in a biennial ritual: waiting in line to buy the new iPhone…

Expert quote:

“People are meaning-seeking creatures. The brands we buy and wear and use are symbols to express our identities. I don’t think any of that is diluted by the Internet.”

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The Future of Bitcoin

January 21st, 2015 in 2015, Bitcoin, Bloomberg, Mark Williams, Newsmakers, School of Management 0 comments

MarkWilliams1Bloomberg Advantage
Mark Williams, School of Management

Listen to audio of expert Mark Williams

Why Investors Should Beware of Bitcoin

January 21st, 2015 in 2015, Mark Williams, Newsmakers, School of Management, U.S. News & World Report 0 comments

MarkWilliams1U.S. News & World Report
Mark Williams, School of Management

If you timed it right – and that’s a big if – you bought a single bitcoin for $13.30 on New Year’s Day 2013 and sold that slice of digital currency for about $1,150, less than a year later, on Dec. 4. That’s more than 86 times the original investment. Wow…

Expert quote:

“If investors, after understanding the extreme price risk, still want to invest in bitcoin, they should only commit amounts that, if lost, won’t impact their livelihood.”

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