Business News

Michael J. Shaw, a professor of business administration and expert in e-business strategy and information technology management, says businesses need to adapt to the new reality that cloud computing is not merely the next Silicon Valley dot-com bubble.

Wilma B. Liebman, the former head of the National Labor Relations Board, will be the featured speaker of the annual Derber Lecture at 5:30 p.m. Thursday (Dec. 1) in the Wagner Education Center of the School of Labor and Employment Relations Building, 504 E. Armory Ave., Champaign.

Instead of increasing income taxes on its citizens, the cash-strapped state of Illinois should look to dramatically raise casino licensing fees, which are conservatively calculated to be worth between $250 and $500 million apiece, says John Kindt, a leading national gambling critic.

A program established by a University of Illinois business professor looks to generate interest in higher education for underrepresented local high school students.

The increasing complexity of multi-invention technologies such as laptops and smartphones raises serious challenges for firms looking to cash in with the next big thing, and points to a need for businesses to integrate their patent and business strategies, according to research by business professor Deepak Somaya, a patent strategy expert.