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Jeffrey R. Brown, the William G. Karnes Professor of Finance, has been named the 10th dean of the College of Business, pending approval by the U. of I. Board of Trustees.

U. of I. finance professor Jeffrey R. Brown named dean of College of Business

Author: Phil Ciciora, Business & Law Editor

Published Date:June 30, 2015

Jeffrey R. Brown, the William G. Karnes Professor of Finance and the director of the Center for Business and Public Policy at the University of Illinois, has been named dean of the university’s College of Business, pending approval by the U. of I. Board of Trustees at its July 23 meeting in Chicago.

Published Date: June 30, 2015


Companies often overlook the value of the comings and goings of their competitors ex-employees, says new research co-written by business administration professor Deepak Somaya.

For competitive edge, keep an eye on competition's ex-employees

Author: Phil Ciciora, Business & Law Editor

Published Date:May 11, 2015

Business administration professor Deepak Somaya says even when companies are sophisticated about how to generate and capture value from their former employees, they overlook the value of competitive intelligence on their competitors’ alumni and how those ex-employees might, in turn, affect their bottom line.

Published Date: May 11, 2015


The new online MBA degree will democratize access to the coveted graduate degree, said Larry DeBrock, the Josef and Margot Lakonishok Endowed Dean of the College of Business.

Online MBA degree coming to U. of I.'s College of Business

Author: Phil Ciciora, Business & Law Editor

Published Date:May 5, 2015

The University of Illinois College of Business will launch an online-only Master of Business Administration degree program, pending approval by the U. of I. Board of Trustees.

Published Date: May 5, 2015


A legacy of giveaways to gambling interests continues to haunt the pension system in Illinois, says John W. Kindt, an emeritus professor of business and legal policy at the U. of I.

Public employee pensions continue to lose out to gambling giveaways, expert says

Author: Phil Ciciora, Business & Law Editor

Published Date:March 24, 2015

A legacy of giveaways to gambling interests continues to haunt the pension system in Illinois, a leading national gambling critic and University of Illinois expert warns.

Published Date: March 24, 2015


Health care policymakers concerned about improving the management of health risks should view the pace of medical innovation as an important lever of influence, says Julian Reif, a professor of finance and of economics at Illinois.

Study: Economic benefits of medical innovation undervalued

Author: Phil Ciciora, Business & Law Editor

Published Date:March 19, 2015

Health care policymakers concerned about improving the management of health risks should view the pace of medical innovation as an important “lever of influence,” says Julian Reif, a professor of finance and of economics at Illinois.

Published Date: March 19, 2015


An influx of aid to war-torn countries can actually exacerbate violent conflicts, says new research co-written by Benjamin Crost, a professor of agricultural and consumer economics at Illinois.

Paper: Development aid can exacerbate violence in war-torn countries

Author: Phil Ciciora, Business & Law Editor

Published Date:March 5, 2015

Although development aid is commonly seen as an important tool in the quest to reduce poverty in conflict-riven countries, new research co-written by a University of Illinois expert in development economics concludes that large-scale foreign aid programs can backfire and actually exacerbate violence in some long-running conflicts.

Published Date: March 5, 2015


A new book co-edited by U. of I. finance professor Jeffrey R. Brown examines the profound effect the financial shocks of the last decade had on higher education.

New book explores Great Recession's impact on higher education

Author: Phil Ciciora, Business & Law Editor

Published Date:February 20, 2015

No sector of the economy was left unscathed in the aftermath of the Great Recession, which officially lasted from December 2007 to June 2009 but whose aftereffects continue to linger today.

Published Date: February 20, 2015


Clocking extra hours at the office while juggling family demands takes a toll on the body mass index of individuals in dual-earner families, says a new study co-written by Amit Kramer, a University of Illinois labor and employment relations professor.

Changes in work, family demands affect body mass index of dual-income earners

Author: Phil Ciciora, Business & Law Editor

Published Date:February 18, 2015

A study co-written by a University of Illinois labor and employment relations professor shows that clocking extra hours at the office while juggling family demands takes a toll on the body mass index of individuals in dual-earner families.

Published Date: February 18, 2015


It's increasingly important for educators to understand how mobile technology such as touch-screen tablets can enhance learning instead of being classroom distractions, says Dilip Chhajed, a professor of business administration at Illinois and co-author of new research from a team of University of Illinois experts in business and e-learning.

Research: Tablet computers good medium for educational materials

Author: Phil Ciciora, Business & Law Editor

Published Date:January 21, 2015

Despite being more commonly thought of as a device designed for the passive consumption of content, touch-screen tablet computers can support the learning process when used in an educational setting – and not just as a mere e-reader or laptop replacement, according to new research from a team of University of Illinois experts in business and e-learning.

Published Date: January 21, 2015


The depreciation of organizational knowledge can mute the effects of a company's quality performance initiatives, says research co-authored by Anupam Agrawal, a professor of business administration at Illinois.

Research: 'Organizational forgetting' erodes quality gains in supply chains

Author: Phil Ciciora, Business & Law Editor

Published Date:January 20, 2015

Just like physical assets, a company’s organizational knowledge can depreciate over time. According to a paper co-authored by a University of Illinois expert in supply chain management, “organizational depreciation” can mute the effects of a company’s quality performance initiatives, suggesting that mitigating those effects is essential to sustaining and enhancing quality performance in supply chains.

Published Date: January 20, 2015


Longer-run local temperature fluctuations are significant predictors of beliefs about the occurrence of global warming, according to a paper by Tatyana Deryugina, a professor of finance in the College of Business.

Study: Climate change beliefs more influenced by long-term temperature fluctuations

Author: Phil Ciciora, Business & Law Editor

Published Date:October 30, 2014

In spite of the broad scientific consensus about its existence, global warming remains a contentious public policy issue. Yet it’s also an issue that requires a public consensus to support policies that might curb or counteract it.

Published Date: October 30, 2014


Economists Daniel A. Dias and Christine Richmond say increasing resource misallocation in Portugal contributed to at least 15 years of sluggish economic growth, a finding that could explain the lackluster performance of other European Union countries in the lead-up to the eurozone crisis of 2009.

Paper: Resource misallocation contributed to prolonged economic slump in Portugal

Author: Phil Ciciora, Business & Law Editor

Published Date:October 27, 2014

A new paper co-authored by a pair of University of Illinois economists says increasing resource misallocation in Portugal contributed to at least 15 years of sluggish economic growth – a conclusion that also could explain the poor economic performance of similar peripheral European Union countries in the lead-up to the eurozone crisis of 2009.

Published Date: October 27, 2014


Less-numerate investors are more susceptible to style and presentation effects in corporate social responsibility reports, according to research from W. Brooke Elliott, the Roedgers Fellow in Accountancy and Professor Ken Perry Faculty Fellow at the College of Business.

Less-numerate investors swayed by style, presentation effects of corporate responsibility reports

Author: Phil Ciciora, Business & Law Editor

Published Date:October 20, 2014

Publicly traded corporations are increasingly publishing social responsibility reports for investors, who now consider such information alongside traditional financial data before investing in a company. But according to new research from a University of Illinois expert in financial reporting and financial statement analysis, less-numerate investors are more susceptible to style and presentation effects of the reports, potentially leading them to make unintended judgments about the company.

Published Date: October 20, 2014


Bev Wilson, a professor in urban and regional planning, has studied whether ethnicity affects annexation decisions.

Illinois professors find that ethnicity doesn't appear to affect annexation decisions like race does

Author: Craig Chamberlain, Social Sciences Editor

Published Date:September 30, 2014

In the American South, race has been shown in numerous studies to play a role in municipal annexation decisions: predominantly white municipalities were less likely to extend the city limits to include adjacent areas with a higher percentage of African-American residents, according to prior studies. But how are annexation decisions made in the Midwest, where an increase in immigration has resulted in an uptick in the Hispanic population? That’s the question two University of Illinois researchers set out to answer.

Published Date: September 30, 2014


Academic research associations should found their own nonprofit journals to avoid the substantially higher subscription rates of commercial publishers, says U. of I. finance professor Don Fullerton.

Expert: Academic journals should adopt nonprofit publishing model

Author: Phil Ciciora, Business & Law Editor

Published Date:September 29, 2014

Academic research associations should found their own nonprofit journals to avoid the substantially higher subscription rates of commercial publishers, says U. of I. finance professor Don Fullerton.

Published Date: September 29, 2014


A new study from University of Illinois business professor Ravi S. Gajendran says telecommuting is positively associated with improvement in two important employee measures: task-based performance and organizational citizenship behavior.

Benefits of telecommuting greater for some workers, study finds

Author: Phil Ciciora, Business & Law Editor

Published Date:September 18, 2014

Even in a hyperconnected world where laptops, phones, tablets and now even wristwatches are tethered to the Internet 24/7, employers are still wary about the performance and social costs imposed by employees who work remotely.

Published Date: September 18, 2014


Workers in collective-bargaining states subsidize the low-wage model of employment in right-to-work states, says a new study co-written by Robert Bruno, a professor of labor and employment relations on the Urbana campus.

Collective bargaining subsidizes low-wage work in some states

Author: Phil Ciciora, Business & Law Editor

Published Date:August 28, 2014

States with right-to-work laws “free ride” on the higher tax revenues generated by workers in collective bargaining states, says a new study from a University of Illinois labor expert.

Published Date: August 28, 2014


Although popular with the public, reforming the existing system of tax benefits to housing, including the ever-popular deductions for mortgage interest and property taxes, would likely make the housing market more efficient, says research co-written by David Albouy, a professor of economics at Illinois.

Research: Tax benefits for housing not as outsized as previously thought

Author: Phil Ciciora, Business & Law Editor

Published Date:August 20, 2014

New research co-written by a University of Illinois expert in urban economics indicates that tax benefits for housing, including the ever-popular mortgage interest deduction and the property tax deduction, are not as distortionary as previous research and some prominent critics suggest.

Published Date: August 20, 2014


Trial courts in the 9th U.S. Circuit Court of Appeals are more player-friendly than trial courts in all other circuits, which is bad news for the NCAA, says Michael LeRoy, a professor of labor and employment relations at Illinois.

Expert: Give ex-players a slight edge in O'Bannon case

Author: Phil Ciciora, Business & Law Editor

Published Date:July 29, 2014

As the collegiate sports world awaits a federal judge’s ruling in O’Bannon v. NCAA, the sport’s governing body ought to be prepared to lose, as trial courts in the 9th Circuit are more “player-friendly” than trial courts in all other circuits, according to a statistical analysis from a University of Illinois expert in labor relations and collective bargaining in athletics.

Published Date: July 29, 2014


Self-focus plays an important role in how consumers make decisions, says new research from business professor Ravi Mehta.

'Big picture' thinking doesn't always lead people to indulge less, study says

Author: Phil Ciciora, Business & Law Editor

Published Date:July 23, 2014

Self-focus plays an important role in how consumers make decisions, says new research from business professor Ravi Mehta.

Published Date: July 23, 2014


The phenomenon of 'boomerang employees' is not unique to professional athletes, says two studies co-written by T. Brad Harris, a professor of labor and employment relations at Illinois.

Research: Business should embrace 'boomerang employees'

Author: Phil Ciciora, Business & Law Editor

Published Date:July 14, 2014

The phenomenon of "boomerang employees" is not unique to professional athletes, says two studies co-written by T. Brad Harris, a professor of labor and employment relations at Illinois.

Published Date: July 14, 2014


Fritz Drasgow has been named the dean of the universitys School of Labor and Employment Relations, pending approval by the U. of I. Board of Trustees.

Fritz Drasgow named dean of U. of I. School of Labor and Employment Relations

Author: Phil Ciciora

Published Date:June 17, 2014

Fritz Drasgow has been named the dean of the university’s School of Labor and Employment Relations, pending approval by the U. of I. Board of Trustees.

Published Date: June 17, 2014


An analysis of more than six decades of death rates from U.S. hurricanes by a team of University of Illinois researchers shows that severe hurricanes with a more feminine name result in a greater death toll. From left, Kiju Jung, a doctoral student in marketing in the U. of I.'s College of Business and the lead author on the study; Madhu Viswanathan, a professor of marketing; and Sharon Shavitt, a professor of marketing at Illinois.

Study: Hurricanes with female names more deadly than male-named storms

Author: Phil Ciciora, Business & Law Editor

Published Date:June 2, 2014

An analysis of more than six decades of death rates from U.S. hurricanes by a team of University of Illinois researchers shows that severe hurricanes with a more feminine name result in a greater death toll.

Published Date: June 2, 2014


Time is running out to avert severe global damage from climate change, says Don Fullerton, a finance professor and co-author of a chapter of the Intergovernmental Panel on Climate Change's fifth assessment report.

Expert: Next 15 years is 'crunch time' for climate change

Author: Phil Ciciora, Business & Law Editor

Published Date:April 22, 2014

Time is running out to avert severe global damage from climate change, says Don Fullerton, a finance professor and co-author of a chapter of the Intergovernmental Panel on Climate Change's fifth assessment report.

Published Date: April 22, 2014


Mutual funds are more likely to oppose a firms management when they are 'locked-in' to a position that would otherwise trigger a capital gains tax for their investors, says research co-written by Scott Weisbenner, the James F. Towey Faculty Fellow at the College of Business.

Capital gains tax 'locks in' investors, increases likelihood of opposition to fund management

Author: Phil Ciciora, Business & Law Editor

Published Date:April 21, 2014

Mutual funds are more likely to oppose a firm’s management when they are "locked-in" to a position that would otherwise trigger a capital gains tax for their investors, says research co-written by Scott Weisbenner, the James F. Towey Faculty Fellow at the College of Business.

Published Date: April 21, 2014


A labor dispute serves the NCAAs interests better than an antitrust lawsuit, which could potentially cost the NCAA millions of dollars in monetary damages, says Michael LeRoy, a professor of labor and employment relations at Illinois.

Labor relations expert: NCAA prefers labor strife to an antitrust lawsuit

Author: Phil Ciciora, Business & Law Editor

Published Date:April 7, 2014

A labor dispute serves the NCAA’s interests better than an antitrust lawsuit, which could potentially cost the NCAA millions of dollars in monetary damages, says Michael LeRoy, a professor of labor and employment relations at Illinois.

Published Date: April 7, 2014


Raising the minimum wage in Illinois to $10 per hour would stimulate the state economy but not have much of an effect on employment, according to a new study co-written by Robert Bruno, a professor of labor and employment relations on the Urbana campus.

Paper: Raise state minimum wage to stimulate Illinois economy

Author: Phil Ciciora, Business & Law Editor

Published Date:March 19, 2014

Raising the minimum wage in Illinois to $10 per hour would stimulate the state economy but not have much of an effect on employment, according to a new study co-written by Robert Bruno, a professor of labor and employment relations on the Urbana campus.

Published Date: March 19, 2014


Economics professors Stefan Krasa and Mattias Polborn have published a paper on a theory of candidate competition that accounts for the influence of both economic and cultural issues on individual voting behavior.

Swing voters hold more sway over candidates on economic issues

Author: Phil Ciciora, Business & Law Editor

Published Date:March 19, 2014

Economics professors Stefan Krasa and Mattias Polborn have published a paper on a theory of candidate competition that accounts for the influence of both economic and cultural issues on individual voting behavior.

Published Date: March 19, 2014


Madhu Viswanathan, the Diane and Steven N. Miller Professor in Business at Illinois, is the author of Subsistence Marketplaces, an e-book that focuses on the intersection of poverty and marketplaces.

New e-book explores intersection of poverty and the marketplace

Author: Phil Ciciora, Business & Law Editor

Published Date:February 27, 2014

Madhu Viswanathan, the Diane and Steven N. Miller Professor in Business at Illinois, is the author of “Subsistence Marketplaces,” an e-book that focuses on the intersection of poverty and marketplaces.

Published Date: February 27, 2014


Efforts to increase the use of workplace support programs for employees may be hindered by the impression that doing undermines job security, says research co-written by T. Brad Harris, a professor of labor and employment relations at Illinois.

Perception of job insecurity results in lower use of workplace programs

Author: Phil Ciciora, Business & Law Editor

Published Date:February 14, 2014

Efforts to increase the use of workplace support programs for employees may be hindered by the impression that doing undermines job security, says research co-written by T. Brad Harris, a professor of labor and employment relations at Illinois.

Published Date: February 14, 2014


Cultural sensitivity and a holistic approach to individuals are necessary qualities for executives working abroad, says Anupam Agrawal, a professor of business administration at Illinois.

Cultural sensitivity necessary for global business leaders, scholar says

Author: Phil Ciciora, Business & Law Editor

Published Date:January 21, 2014

Cultural sensitivity and a holistic approach to individuals are necessary qualities for executives working abroad, says Anupam Agrawal, a professor of business administration at Illinois.

Published Date: January 21, 2014


The lack of contact between firms at either end of a supply chain prevents companies from gaining efficiencies in costs, design and materials, says Anupam Agrawal, a professor of business administration at Illinois.

Research: 'Sourcing hub' could help create more efficient supply chain

Author: Phil Ciciora, Business & Law Editor

Published Date:January 15, 2014

The lack of contact between firms at either end of a supply chain prevents companies from gaining efficiencies in costs, design and materials, says Anupam Agrawal, a professor of business administration at Illinois.

Published Date: January 15, 2014


Repealing the state of Illinois' prevailing wage law would not result in any significant savings for taxpayers or the state, says a new study co-written by Robert Bruno, a professor of labor and employment relations on the Urbana campus.

Repealing prevailing wage law would weaken state economy, study says

Author: Phil Ciciora, Business & Law Editor

Published Date:January 2, 2014

Repealing the state of Illinois' prevailing wage law would not result in any significant savings for taxpayers or the state, says a new study co-written by Robert Bruno, a professor of labor and employment relations on the Urbana campus.

Published Date: January 2, 2014


Materialism makes negative outcomes even worse, according to research co-written by Aric Rindfleisch, the John M. Jones Professor of Marketing in the College of Business.

Research: Materialism makes bad events even worse

Author: Phil Ciciora, Business & Law Editor

Published Date:November 25, 2013

Materialism makes negative outcomes even worse, according to research co-written by Aric Rindfleisch, the John M. Jones Professor of Marketing in the College of Business.

Published Date: November 25, 2013


University of Illinois finance professor Jeffrey R. Brown says that the Pension Benefit Guaranty Corp., the federal pension insurance agency that steps in when private-sector employers with underfunded defined-benefit plans go bankrupt, is facing a financial shortfall.

Research: Risks to government pension insurer worse than thought

Author: Phil Ciciora, Business & Law Editor

Published Date:September 24, 2013

University of Illinois finance professor Jeffrey R. Brown says that the Pension Benefit Guaranty Corp., the federal pension insurance agency that steps in when private-sector employers with underfunded defined-benefit plans go bankrupt, is facing a financial shortfall.

Published Date: September 24, 2013


Round-the-clock gambling could be disastrous for the state of Illinois, says John Kindt, an emeritus professor of business and legal policy.

24-hour casinos a bad bet for Illinois, gambling critic says

Author: Phil Ciciora, Business & Law Editor

Published Date:September 10, 2013

Round-the-clock gambling could be disastrous for the state of Illinois, says John Kindt, an emeritus professor of business and legal policy.

Published Date: September 10, 2013


Firms shouldn't follow a 'one-size-fits-all-markets' approach when evaluating and managing the performance of a brand, says forthcoming research from Raj Echambadi, a professor of business administration at Illinois.

Study: One-size-fits-all approach doesn't work for different markets

Author: Phil Ciciora, Business & Law Editor

Published Date:August 13, 2013

Firms shouldn't follow a "one-size-fits-all-markets" approach when evaluating and managing the performance of a brand, says forthcoming research from Raj Echambadi, a professor of business administration at Illinois.

Published Date: August 13, 2013


University of Illinois chemistry professor Paul Hergenrother, left, and veterinary clinical medicine professor Tim Fan led a study of an anti-cancer compound in pet dogs that is now headed for human clinical trials.

Cancer drug tested in pet dogs is now bound for human trials

Author: Diana Yates, Life Sciences Editor

Published Date:July 17, 2013

Thanks to a new $2 million investment, a drug that spurs cancer cells to self-destruct while sparing healthy cells is on the road to human clinical trials. The compound, known as PAC-1, has so far proven safe and has promising anti-cancer effects in cell culture, in mouse models of cancer and in pet dogs with spontaneously occurring lymphomas and osteosarcomas.

Published Date: July 17, 2013


The Illinois economy hasn't rebounded fast enough to reach pre-recessionary levels of output, wages and employment, according to a new study from Robert Bruno, a professor of labor and employment relations on the Urbana campus.

Economy in Illinois improving, but recovery halting, study finds

Author: Phil Ciciora, Business & Law Editor

Published Date:July 9, 2013

The Illinois economy hasn't rebounded fast enough to reach pre-recessionary levels of output, wages and employment, according to a new study from Robert Bruno, a professor of labor and employment relations on the Urbana campus.

Published Date: July 9, 2013


Budget and pension woes in the state of Illinois are inextricably linked to giveaways to Big Gambling, says emeritus professor John Kindt, a leading national gambling critic.

Expert: State budget, pension woes tied to big gambling giveaways

Author: Phil Ciciora, Business & Law Editor

Published Date:May 9, 2013

Budget and pension woes in the state of Illinois are inextricably linked to giveaways to Big Gambling, says emeritus professor John Kindt, a leading national gambling critic.

Published Date: May 9, 2013


Well-intentioned policies to make achieving tenure more family-friendly actually have negative consequences for the salaries of college faculty, says a study co-written by University of Illinois labor and employment relations professor Amit Kramer.

Family-friendly tenure policies result in salary penalty for professors

Author: Phil Ciciora, Business & Law Editor

Published Date:April 29, 2013

Well-intentioned policies to make achieving tenure more family-friendly actually have negative consequences for the salaries of college faculty, says a study co-written by University of Illinois labor and employment relations professor Amit Kramer.

Published Date: April 29, 2013


Manufacturing using common components can actually reduce product line cannibalization, a finding that could allow firms to improve profits, says research by Dilip Chhajed (left) and Yunchuan Frank Liu, professors of business administration at Illinois.

Research: Common component strategy could improve profits

Author: Phil Ciciora, Business & Law Editor

Published Date:April 22, 2013

Manufacturing using common components can actually reduce product line cannibalization, a finding that could allow firms to improve profits, says research by Dilip Chhajed and Yunchuan Frank Liu, professors of business administration at Illinois.

Published Date: April 22, 2013


Ravi S. Gajendran, a professor of business administration at Illinois, says companies with employees located around the globe can mitigate their isolation by taking a relationship-based approach in the form of a leader-member exchange.

Personalized leadership key for keeping globally distributed teams on task

Author: Phil Ciciora, Business & Law Editor

Published Date:April 18, 2013

Ravi S. Gajendran, a professor of business administration at Illinois, says companies with employees located around the globe can mitigate their isolation by taking a relationship-based approach in the form of a leader-member exchange.

Published Date: April 18, 2013


New hires success on the job is highly dependent on their knowledge of the formal and informal social systems in the workplace, suggests a new study led by Russell Korte, a professor of  human resource development in the College of Education.

'Social capital' key to workers' success on the job, study says

Author: Sharita Forrest, Education Editor

Published Date:April 9, 2013

The quality of the social relationships that newly hired people develop with other employees in their work groups is critical to newcomers job satisfaction, learning their responsibilities and their ability to fit in to the workplace culture, a new study suggests.

Published Date: April 9, 2013


Urban and regional planning professor Arnab Chakraborty, left, and graduate students Robert Boyer, center, and Dustin Allred collaborated on a study of foreclosures from 2005 through 2008.

Zoning restrictions also a key factor in foreclosure crisis, scholar says

Author: Dusty Rhodes, Arts and Humanities Editor

Published Date:March 28, 2013

The causes of the foreclosure crisis seem obvious: Buyers purchased homes they couldnt afford, lured in part by lenders pushing subprime mortgages. Real estate values escalated, and when the bubble burst, buyers were left owing more than their homes were worth.

Published Date: March 28, 2013


Between 2006 and 2011, faith-based institutions in the U.S. filed more than 500 petitions under Chapter 11, according to research from University of Illinois law professor Pamela Foohey.

Study: Key differences between bankrupt churches, small businesses

Author: Phil Ciciora, Business and Law Editor

Published Date:March 28, 2013

Although they share some important similarities, religious organizations, such as churches, that file for Chapter 11 bankruptcy protection differ from small business debtors in two significant ways they seek to preserve the going-concern value of the organizations themselves, and their members are more integral to their successful reorganizations, says a new study by a University of Illinois law professor.

Published Date: March 28, 2013


Brenna Ellison, a professor of agricultural and consumer economics, says the combination of a symbol and a numeric calorie count on a menu is the most effective way to influence patrons to select lower-calorie items.

Symbols, such as traffic lights, on menus effective in educating diners

Author: Phil Ciciora, Business & Law Editor

Published Date:March 13, 2013

Brenna Ellison, a professor of agricultural and consumer economics, says the combination of a symbol and a numeric calorie count on a menu is the most effective way to influence patrons to select lower-calorie items.

Published Date: March 13, 2013


State and local government workers in Illinois are a relative bargain compared with their private sector counterparts, according to a new study from Robert Bruno, a professor of labor and employment relations on the Urbana campus.

State workers in Illinois underpaid, new study finds

Author: Phil Ciciora, Business & Law Editor

Published Date:March 11, 2013

State and local government workers in Illinois are a relative bargain compared with their private sector counterparts, according to a new study from Robert Bruno, a professor of labor and employment relations on the Urbana campus.

Published Date: March 11, 2013


University of Illinois emeritus professor John W. Kindt warns that Internet gambling through social media sites, already enormously popular outside of the U.S., could lead not only to an entire new generation exposed to gambling at an early age, but also to greater worries for the economy.

Expert: States leveraging gambling on social media sites

Author: Phil Ciciora, Business & Law Editor

Published Date:February 27, 2013

University of Illinois emeritus professor John W. Kindt warns that Internet gambling through social media sites, already enormously popular outside of the U.S., could lead not only to an entire new generation exposed to gambling at an early age, but also to greater worries for the economy.

Published Date: February 27, 2013


Study: Firms that purport to value shareholders pay CEOs more

Study: Firms that purport to value shareholders pay CEOs more

Author: Phil Ciciora, Business & Law Editor

Published Date:February 6, 2013

Using compensation data from 290 chief executives at large U.S. firms over an 11-year period, Taekjin Shin, a professor of labor and employment relations at Illinois, shows that firms that trumpet how much they value shareholders actually pay their CEOs more, regardless of the quality of their performance.

Published Date: February 6, 2013


Yunchuan 'Frank' Liu, a professor of business administration, says a retailers optimal store layout is driven by an incentive to balance the shopping process of uncertain consumers and the pricing behavior of upstream suppliers.

Study: Store layout an important variable for retailers

Author: Phil Ciciora, Business & Law Editor

Published Date:January 24, 2013

Yunchuan "Frank" Liu, a professor of business administration, says a retailers optimal store layout is driven by an incentive to balance the shopping process of uncertain consumers and the pricing behavior of upstream suppliers.

Published Date: January 24, 2013


High-frequency stock trading leads to an increase in order cancelation but little else of value to investors and the general public, says research co-written by University of Illinois business professor Mao Ye, left, and graduate students Chen Yao, center, and Jiading Gai.

High-frequency stock trading of little value to investors, public

Author: Phil Ciciora, Business & Law Editor

Published Date:January 10, 2013

High-frequency stock trading leads to an increase in order cancelation but little else of value to investors and the public, says research co-written by University of Illinois business professor Mao Ye, left, and graduate students Chen Yao, center, and Jiading Gai.

Published Date: January 10, 2013


While businesses have typically viewed the news media as a megaphone for publicity, they have not viewed it as an influential stakeholder capable of shaping the strategic decisions of key executives, says Michael K. Bednar, a professor of business administration at Illinois.

Research: Bad news can spur strategic change in businesses

Author: Phil Ciciora, Business & Law Editor

Published Date:January 9, 2013

While businesses have typically viewed the news media as a megaphone for publicity, they have not viewed it as an influential stakeholder capable of shaping the strategic decisions of key executives, says Michael K. Bednar, a professor of business administration at Illinois.

Published Date: January 9, 2013


University of Illinois emeritus professor John W. Kindt says the proposed legislation that would de-criminalize Internet gambling could facilitate money laundering by terrorists and organized crime.

Expert: Reid-Kyl Internet gambling bill could enable money laundering

Author: Phil Ciciora, Business & Law Editor

Published Date:December 17, 2012

University of Illinois emeritus professor John W. Kindt says the proposed legislation that would de-criminalize Internet gambling could facilitate money laundering by terrorists and organized crime.

Published Date: December 17, 2012


Advertising was an embattled and unpopular industry in the 1930s, but World War II gave it the opportunity to turn things around and cement its role in American society, says communication professor Inger Stole, in her new book Advertising at War.

The selling of wartime needs sold the U.S. on advertising, author says

Author: Craig Chamberlain, Social Sciences Editor

Published Date:November 27, 2012

While it might be hard to imagine in the midst of the ad-soaked holiday season, there was a time in the 1930s when advertising faced fierce opposition from the public. Then came World War II, and everything changed, says Inger Stole.

Published Date: November 27, 2012


Frontline employees will commit to improving their organization if they perceive a high degree of autonomy in their jobs and trust their leaders, says research Gopesh Anand (left) and Dilip Chhajed, professors of business administration at Illinois.

Study: Job autonomy, trust in leadership keys to improvement initiatives

Author: Phil Ciciora, Business & Law Editor

Published Date:November 14, 2012

Frontline employees will commit to improving their organization if they perceive a high degree of autonomy in their jobs and trust their leaders, says research Gopesh Anand and Dilip Chhajed, professors of business administration at Illinois.

Published Date: November 14, 2012


According to research from Amit Kramer, a professor of labor and employment relations at the University of Illinois who studies work and family relations, employees who are more satisfied with their pay report lower levels of work-family conflict.

Research: Pay satisfaction key driver of work-family conflict

Author: Phil Ciciora, Business & Law Editor

Published Date:October 29, 2012

According to research from Amit Kramer, a professor of labor and employment relations at the University of Illinois who studies work and family relations, employees who are more satisfied with their pay report lower levels of work-family conflict.

Published Date: October 29, 2012


In The Young Professional's Survival Guide: From Cab Fares to Moral Snares, C. K. Gunsalus, a professor emerita of business administration, shows young working professionals how to steer clear of all the traps, trouble and temptations that come with transitioning into a working adult.

New book helps young professionals avoid workplace pitfalls

Author: Phil Ciciora, Business & Law Editor

Published Date:October 18, 2012

In The Young Professional's Survival Guide: From Cab Fares to Moral Snares, C. K. Gunsalus, a professor emerita of business administration, shows young working professionals how to steer clear of all the traps, trouble and temptations that come with transitioning into a working adult.

Published Date: October 18, 2012


The car wash industry that operates year-round in Chicago is rife with wage and hour law violations, occupational health and safety hazards, and poor overall working conditions, according to research from Robert Bruno, a professor of labor and employment relations on the Urbana campus of the University of Illinois.

Workers the ones getting hosed at Chicago car washes, new study says

Author: Phil Ciciora, Business & Law Editor

Published Date:October 16, 2012

The car wash industry that operates year-round in Chicago is rife with wage and hour law violations, occupational health and safety hazards, and poor overall working conditions, according to research from Robert Bruno, a professor of labor and employment relations on the Urbana campus of the University of Illinois.

Published Date: October 16, 2012


A little-publicized amendment to the Illinois Constitution on this Novembers ballot could have a big impact for the pensions and health care of state workers if Illinois voters approve it, says John Kindt, a professor emeritus of business and legal policy at Illinois.

Illinois amendment would eliminate constitutional protections

Author: Phil Ciciora, Business & Law Editor

Published Date:October 1, 2012

A little-publicized amendment to the Illinois Constitution on this Novembers ballot could have a big impact for the pensions and health care of state workers if Illinois voters approve it, says John Kindt, a professor emeritus of business and legal policy at Illinois.

Published Date: October 1, 2012


Dan Bernhardt, the IBE Distinguished Professor of Economics at Illinois, says rehabilitation incentives are maximized when the lengths of prison sentences are neither too short, nor too long.

Study: Parole decisions affect rehabilitation incentives

Author: Phil Ciciora, Business & Law Editor

Published Date:September 17, 2012

Dan Bernhardt, the IBE Distinguished Professor of Economics at Illinois, says rehabilitation incentives are maximized when the lengths of prison sentences are neither too short, nor too long.

Published Date: September 17, 2012


Estimating the distribution of voter preferences and the extent of policy divergence between the candidates platforms, economics professors Stefan Krasa and Mattias Polborn are able to separate observed changes in voter behavior into those driven by voter radicalization versus those due to increased policy differences between the two parties.

New research studies policy divergence, voter polarization in elections

Author: Phil Ciciora, Business & Law Editor

Published Date:August 6, 2012

Estimating the distribution of voter preferences and the extent of policy divergence between the candidates platforms, economics professors Stefan Krasa and Mattias Polborn are able to separate observed changes in voter behavior into those driven by voter radicalization versus those due to increased policy differences between the two parties.

Published Date: August 6, 2012


The male response to depictions of ideal masculinity in advertising is typically a negative one, which has implications for advertisers and marketers targeting the increasingly fragmented male consumer demographic, according to research co-authored by Cele Otnes, a University of Illinois professor of advertising and of business administration.

Men respond negatively to depictions of ideal masculinity in ads

Author: Phil Ciciora, Business & Law Editor

Published Date:August 1, 2012

The male response to depictions of ideal masculinity in advertising is typically a negative one, which has implications for advertisers and marketers targeting the increasingly fragmented male consumer demographic, according to research co-authored by Cele Otnes, a University of Illinois professor of advertising and of business administration.

Published Date: August 1, 2012


Clara Xiaoling Chen, a professor of accountancy at Illinois, is the co-author of a study that found that wage premiums can play a role in reducing employee theft and fostering ethical norms within an organization.

Higher retail wages correlate with lower levels of employee theft

Author: Phil Ciciora, Business & Law Editor

Published Date:July 30, 2012

Clara Xiaoling Chen, a professor of accountancy at Illinois, is the co-author of a study that found that wage premiums can play a role in reducing employee theft and fostering ethical norms within an organization.

Published Date: July 30, 2012


Yunchuan 'Frank' Liu, a professor of business administration, says when manufacturers bypass retailers  and sell directly consumers online, product quality can suffer.

Study: Online retail contributes to decline in product quality

Author: Phil Ciciora, Business and Law Editor

Published Date:July 9, 2012

Consumers may revel in the convenience of online shopping, but the low prices on the Internet are often accompanied by even lower product quality, warns new research co-written by a University of Illinois business professor.

Published Date: July 9, 2012


Joseph Martocchio

Joseph Martocchio named interim dean of labor school

Author: Phil Ciciora, Business and Law Editor

Published Date:July 5, 2012

Joseph Martocchio, a University of Illinois professor of labor and employment relations, has been named interim dean of the School of Labor and Employment Relations, pending approval by the U. of I. Board of Trustees at the July board meeting in Chicago.

Published Date: July 5, 2012


The threat of hunger among senior citizens in the U.S. is a growing crisis that will likely lead to additional public health challenges, according to research by University of Illinois economist Craig Gundersen.

Food insecurity on the rise among senior citizens in U.S.

Author: Phil Ciciora, Business & Law Editor

Published Date:May 31, 2012

The threat of hunger among senior citizens in the U.S. is a growing crisis that will likely lead to additional public health challenges, according to research by University of Illinois economist Craig Gundersen.

Published Date: May 31, 2012


The tendency of operational routines to move toward a state of higher entropy is an organizational reality, says Gopesh Anand, a professor of business administration.

Tendency of operational routines to falter is widespread but fixable

Author: Phil Ciciora, Business & Law Editor

Published Date:May 29, 2012

The tendency of operational routines to move toward a state of higher entropy is an organizational reality, says Gopesh Anand, a professor of business administration.

Published Date: May 29, 2012


Don Fullerton, a finance professor and former deputy assistant secretary of the U.S. Treasury Department, says the fear of any one country raising its own costs of production through a carbon tax, and thus making itself less competitive with its neighbors, is somewhat unfounded.

Research: Negative leakage could be key to reducing carbon emissions

Author: Phil Ciciora, Business & Law Editor

Published Date:May 24, 2012

Don Fullerton, a finance professor and former deputy assistant secretary of the U.S. Treasury Department, says the fear of any one country raising its own costs of production through a carbon tax, and thus making itself less competitive with its neighbors, is somewhat unfounded.

Published Date: May 24, 2012


Ambient background noise turns out to be an important factor affecting creative cognition among consumers, according to research from Ravi Mehta, a professor of business administration at Illinois.

Research: Too much, too little noise turns off consumers, creativity

Author: Phil Ciciora, Business & Law Editor

Published Date:May 14, 2012

Ambient background noise turns out to be an important factor affecting creative cognition among consumers, according to research from Ravi Mehta, a professor of business administration at Illinois.

Published Date: May 14, 2012


Using wetland habitat conservation in the Prairie Pothole Region as a case study, applied economists Amy W. Ando (right) and Mindy L. Mallory demonstrated that adapting a theory from the world of finance could help to optimize conservation activities in the region.

Research: 'Modern Portfolio Theory' optimizes conservation practices

Author: Phil Ciciora, Business & Law Editor

Published Date:May 2, 2012

Using wetland habitat conservation in the Prairie Pothole Region as a case study, applied economists Amy W. Ando and Mindy L. Mallory demonstrated that adapting a theory from the world of finance could help to optimize conservation activities in the region.

Published Date: May 2, 2012


College of Business honors students

Published Date:May 1, 2012

The College of Business at the University of Illinois honored its students in April.

Published Date: May 1, 2012


A new study co-written by Madhu Khanna, a professor of agricultural and consumer economics at Illinois, and Xiaoguang Chen, of the U. of I. Energy Biosciences Institute, quantifies the role that factors such as economies of scale and learning-by-doing played in reducing the processing costs of corn ethanol.

Policies, learning-by-doing played important role in reducing ethanol costs

Author: Phil Ciciora, Business & Law Editor

Published Date:April 12, 2012

A new study co-authored by Madhu Khanna, a professor of agricultural and consumer economics at Illinois, and Xiaoguang Chen, of the U. of I. Energy Biosciences Institute, quantifies the role that factors such as economies of scale and learning-by-doing played in reducing the processing costs of corn ethanol.

Published Date: April 12, 2012


The claim that Chicago public school teachers arent working enough hours during the school day are unwarranted at best and intellectually dishonest at worst, according to research from University of Illinois labor expert Robert Bruno.

Research: Chicago public school teachers log long hours

Author: Phil Ciciora, Business & Law Editor

Published Date:April 9, 2012

The claim that Chicago public school teachers arent working enough hours during the school day are unwarranted at best and intellectually dishonest at worst, according to research from University of Illinois labor experts Robert Bruno and Steven Ashby.

Published Date: April 9, 2012


Lecture to focus on organizational integrity in information age

Author: Phil Ciciora, Business & Law Editor

Published Date:March 30, 2012

Keith T. Darcy, the executive director of the Ethics & Compliance Officer Association, will deliver the Leighton Lecture on ethics and leadership on Monday (April 2) at the University of Illinois.

Published Date: March 30, 2012


Seminar to focus on importance of business communication

Author: Cailun Gangi, New Bureau intern

Published Date:March 29, 2012

Two executives from BP will be guest speakers April 4 (Wednesday) at the University of Illinois and will lead an interactive session about the need for clear and concise business communications. They also will talk about professional responsibility, ethics and compliance issues in a corporate environment.

Published Date: March 29, 2012


Research: Viewing work as a 'calling' may have negative repercussions

Author: Phil Ciciora, Business & Law Editor

Published Date:March 26, 2012

M. Teresa Cardador, a professor of labor and employment relations, says viewing work as a calling can be a fulfilling path, but it also can be a rocky road that leads to high sacrifice and personal strain.

Published Date: March 26, 2012


Pension reform would save billions, enhance retirement security

Author: Phil Ciciora, Business & Law Editor

Published Date:March 19, 2012

A hybrid retirement plan, which combines elements of a pension-style defined benefit plan with a 401(k)-style defined contribution plan, could potentially save the state billions of dollars over time while also providing a baseline of guaranteed retirement income that cannot be outlived, say University of Illinois professors Jeffrey R. Brown and Robert F. Rich.

Published Date: March 19, 2012


Expert: BP settlement right step, but wont curtail corporate greed

Author: Phil Ciciora, Business & Law Editor

Published Date:March 12, 2012

The unwritten story of the BP disaster and subsequent $7.8 billion settlement is the complete and utter failure of strategic management, and what underlies that problem are mercenary chief executives and the culture of greed that has festered on Wall Street over the past three decades, says John W. Kindt, a professor of business and legal policy at Illinois.

Published Date: March 12, 2012


Former Federal Reserve official to speak about financial crisis

Author: Phil Ciciora, Business & Law Editor

Published Date:March 7, 2012

Kevin Warsh, the former chief liaison to Wall Street for the Federal Reserve System, is scheduled to be at the University of Illinois on Monday (March 12) to give a talk about the financial crisis.

Published Date: March 7, 2012


Sustainability principles need to be integrated into business education

Author: Phil Ciciora, Business & Law Editor

Published Date:March 5, 2012

The principles of sustainability need not be at odds with a classic education in business, since environmental and poverty issues will likely be among the biggest challenges for tomorrows leaders of industry, according to published research from Madhu Viswanathan, a professor of business administration at Illinois.

Published Date: March 5, 2012


'Repetition-break' plot structure makes effective TV ads, research shows

Author: Phil Ciciora, Business & Law Editor

Published Date:February 29, 2012

Advertisements that use a repetition-break plot structure generate more favorable brand attitudes and greater purchase intentions from consumers, as well as more plaudits from industry peers, says Jeffrey Loewenstein, a professor of business administration at the University of Illinois.

Published Date: February 29, 2012


Aric Rindfleisch appointed head of business administration

Author: Phil Ciciora, Business & Law Editor

Published Date:February 28, 2012

Aric Rindfleisch has been appointed head of the department of business administration and the J.M. Jones Professor of Marketing at the University of Illinois at Urbana-Champaign, pending approval by the U. of I. Board of Trustees.

Published Date: February 28, 2012


Fun, incentives both essential in motivating workers' online learning

Author: Sharita Forrest, Education Editor

Published Date:February 21, 2012

Companies that want to motivate workers to use electronic-based or digital training programs need to make training modules fun and stimulating whenever they can, and offer extrinsic incentives, such as wage increases and user support, when employees need extra enticement, according to a new study by researchers at the University of Illinois.

Published Date: February 21, 2012


Research: Tax-increment financing debate needs new approach

Author: Phil Ciciora, Business & Law Editor

Published Date:February 9, 2012

Robert Bruno, a professor of labor and employment relations, says a tax-increment finance program that can equally serve to bolster both the city of Chicagos economic development and the needs of public school children is not likely to arise from the current approach to the issue.

Published Date: February 9, 2012


Jon S. Davis appointed head of accountancy

Author: Phil Ciciora, Business & Law Editor

Published Date:February 8, 2012

Jon S. Davis has been appointed head of the department of accountancy and the R.C. Evans Endowed Chair in Business at the University of Illinois at Urbana-Champaign, pending approval by the U. of I. Board of Trustees.

Published Date: February 8, 2012


Study: Quebec ban on fast-food ads reduced consumption of junk food

Author: Phil Ciciora, Business & Law Editor

Published Date:January 19, 2012

An outright ban on junk food advertising aimed at children would be more effective than the current industry-led ban, according to research by University of Illinois economist Kathy Baylis.

Published Date: January 19, 2012


Family debt hurts children's chances for success in college, study says

Author: Sharita Forrest, News Editor

Published Date:January 9, 2012

Families that have high amounts of unsecured debt, such as outstanding credit card balances and payday loans, diminish their childrens prospects of attending or graduating from college, according to a new study by social work professors Min Zhan at the University of Illinois and Michael Sherraden, the founder of the Center for Social Development at Washington University in St. Louis.

Published Date: January 9, 2012


Expert: Mandate 'FEMA premiums' for disaster-prone areas

Author: Phil Ciciora, Business & Law Editor

Published Date:December 6, 2011

Tatyana Deryugina, a lecturer of finance in the College of Business, says one way to limit the amount of money the federal government doles out to repair damage would be to mandate disaster-prone areas pay "FEMA premiums."

Published Date: December 6, 2011


Expert: Cloud computing a game-changer for businesses

Author: Phil Ciciora, Business & Law Editor

Published Date:November 29, 2011

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.

Published Date: November 29, 2011


Former National Labor Relations Board chair to deliver Derber Lecture

Author: Phil Ciciora, Business & Law Editor

Published Date:November 28, 2011

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.

Published Date: November 28, 2011


Expert: Illinois could recoup billions by upping casino license fees

Author: Phil Ciciora, Business & Law Editor

Published Date:November 14, 2011

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.

Published Date: November 14, 2011


Business professor creates College for a Day program for local youth

Author: Phil Ciciora, Business & Law Editor

Published Date:November 11, 2011

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

Published Date: November 11, 2011


Managing intellectual property a challenge for firms, innovators

Author: Phil Ciciora, Business & Law Editor

Published Date:September 8, 2011

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.

Published Date: September 8, 2011


Research: Brand-conscious consumers take bad news to heart

Author: Phil Ciciora, Business & Law Editor

Published Date:August 15, 2011

Consumers with close ties to a brand respond to negative information about the beloved brand as they do to personal failure they experience it as a threat to their self-image, according to a new study by Tiffany Barnett White, a professor of business administration at Illinois.

Published Date: August 15, 2011


Stronger social safety net leads to decrease in childhood obesity

Author: Phil Ciciora, Business & Law Editor

Published Date:July 21, 2011

Social safety net programs that reduce psychosocial stressors for low-income families also ultimately lead to a reduction in childhood obesity, according to research by University of Illinois economist Craig Gundersen.

Published Date: July 21, 2011


Study: Subsidizing wages at long-term care facilities would cut turnover

Author: Phil Ciciora, Business & Law Editor

Published Date:July 21, 2011

Elizabeth T. Powers, a professor of economics and faculty member of the Institute of Government and Public Affairs at Illinois, says that a government-sponsored wage-subsidy program could reduce the churn of low-wage caregivers through group homes by one-third.

Published Date: July 21, 2011


Fluctuations in gas prices not all that unusual, expert says

Author: Phil Ciciora, Business & Law Editor

Published Date:March 31, 2011

Don Fullerton, a finance professor and former deputy assistant secretary of the U.S. Treasury Department, says the real, inflation-adjusted price of a gallon of gas has barely budged over the past five decades.

Published Date: March 31, 2011


Leadership needed for Illinois pension reform, expert says

Author: Phil Ciciora, Business & Law Editor

Published Date:March 17, 2011

The state of Illinois needs to get serious and create a fiscally sustainable pension-reform plan, warns University of Illinois finance professor Jeffrey R. Brown.

Published Date: March 17, 2011


Trendy, tacky or trash? It's all in the eye of the consumer, scholar says

Author: Phil Ciciora, Business & Law Editor

Published Date:March 16, 2011

For consumers who plunk down their hard-earned dollars on products of questionable utility like the ShamWow, the Snuggie or the latest fad, Pajama Jeans, it's all in the eye of beholder, says a University of Illinois marketing expert.

Published Date: March 16, 2011


Organizational structure, social network influence employee learning

Author: Phil Ciciora, Business & Law Editor

Published Date:March 8, 2011

Jasmijn Bol, a professor of accountancy at Illinois, says workplace management innovations diffuse gradually through employee social networks, since their usefulness is not immediately apparent to some would-be early adopters.

Published Date: March 8, 2011


Public sector workers, collective bargaining rights subject of labor forum

Author: Phil Ciciora, Business & Law Editor

Published Date:March 4, 2011

A forum exploring public sector workers and collective bargaining rights will take place Wednesday (March 9) from 5 to 6:30 p.m. in Room 43 of the School of Labor and Employment Relations, 504 E. Armory Ave., Champaign.

Published Date: March 4, 2011


Study: Over 16-year span, Wisconsin teacher salaries lag private sector wages

Author: Phil Ciciora, Business & Law Editor

Published Date:March 2, 2011

New research by a University of Illinois expert in employment relations and labor economics shows that, for more than a decade, Wisconsin teacher salaries have fallen behind changes in the cost of living as well as wage growth in the private sector.

Published Date: March 2, 2011


Pollution tax rebates little help for low-income workers

Author: Phil Ciciora, Business & Law Editor

Published Date:February 21, 2011

Finance professor Don Fullerton says using revenue from pollution taxes to lessen its regressiveness on low-wage workers is not enough to offset higher commodity prices and shrunken real wages.

Published Date: February 21, 2011


A billion tons of biomass a viable goal, but at high price

Author: Phil Ciciora, Business & Law Editor

Published Date:February 16, 2011

A team of researchers led by Madhu Khanna, a professor of agricultural and consumer economics at Illinois, shows that very high biomass prices would be needed in order to meet the ambitious goal of replacing 30 percent of petroleum consumption in the U.S. with biofuels by 2030.

Published Date: February 16, 2011


Study: Outsourcing hurts consumers by softening competition among firms

Author: Phil Ciciora, Business & Law Editor

Published Date:January 10, 2011

Yunchuan "Frank" Liu, professor of business administration, says outsourcing tends to soften the competition among industry rivals, resulting in consumers paying artificially higher prices for goods.

Published Date: January 10, 2011


Expert: Seven-year moratorium on Gulf oil drilling an unwise decision

Author: Phil Ciciora, News Editor

Published Date:December 10, 2010

The recently announced seven-year moratorium on offshore drilling is yet another example of the short-sightedness of the U.S. Department of the Interior, says John W. Kindt, a professor of business and legal policy at Illinois and expert on marine pollution.

Published Date: December 10, 2010


Strategy, court specialization driving increase in smart-phone litigation

Author: Phil Ciciora, News Editor

Published Date:December 6, 2010

The flurry of recent smart phone patent suits is being driven by technology companies eager to capitalize on the speed and expertise of the U.S. International Trade Commission, says a University of Illinois patent strategy expert Deepak Somaya.

Published Date: December 6, 2010


Expert: Legalizing online gambling bad bet for lame-duck Congress

Author: Phil Ciciora, News Editor

Published Date:December 6, 2010

The lame-duck Congress may be the last chance for the current Democratic majority to slip through legislation legalizing online gambling, a move that could have dire consequences for communities and the economy, a leading national gambling critic warns.

Published Date: December 6, 2010


Consumer sentiment shaped by differing cultural attitudes toward power

Author: Phil Ciciora, News Editor

Published Date:October 19, 2010

Cultures nurture different views of what is desirable and meaningful to do with power, according to new research by University of Illinois marketing expert Sharon Shavitt.

Published Date: October 19, 2010


Study: Small firms need more access to credit during financial troubles

Author: Phil Ciciora, News Editor

Published Date:October 5, 2010

When the economy sours, small firms seeking credit tend to face higher costs of financing, leading them to reinvest their profits before they pay off creditors,says U. of I. finance professor Murillo Campello.

Published Date: October 5, 2010


Three experts to talk about future of financial regulation

Author: Phil Ciciora, News Editor

Published Date:October 5, 2010

Three nationally known experts will discuss the future of financial regulation in the wake of the worst financial crisis since the Great Depression.

Published Date: October 5, 2010


Cash hoarding nothing new for businesses, scholar says

Author: Phil Ciciora, News Editor

Published Date:September 8, 2010

The U.S. economy is experiencing anemic growth, yet businesses are sitting on a mountain of cash worth nearly $2 trillion, according to Federal Reserve estimates. But this trend is nothing new for firms, who have been steadily increasing their cash holdings over the past three decades, a University of Illinois business professor says.

Published Date: September 8, 2010


No need to worrry about deflation yet, U. of I. economist says

Author: Phil Ciciora, News Editor

Published Date:September 7, 2010

A University of Illinois economist says consumers and investors concerned about the specter of deflation looming over an already bleak economic landscape should relax for the time being, at least.

Published Date: September 7, 2010


National Labor Relations board chair among keynote speakers at conference

Author: Phil Ciciora, News Editor

Published Date:September 2, 2010

Wilma B. Liebman, chair of the National Labor Relations Board, will be one of four keynote speakers at the 39th Center for Human Resource Management roundtable Sept. 30-Oct. 1 at the Crowne Plaza Chicago Metro Hotel, Chicago.

Published Date: September 2, 2010


Online betting a house of cards for world economy, expert says

Author: Jan Dennis, Business & Law Editor

Published Date:August 9, 2010

Legalizing online poker and other Internet betting would be a high-stakes loser for the still-sputtering U.S. and global economies, a leading national gambling critic warns.

Published Date: August 9, 2010


Generation gaps at work not just about age, study says

Author: Jan Dennis, Business & Law Editor

Published Date:August 2, 2010

Businesses that look only at age to bridge generational gaps among workers risk losing knowledge to retirements, higher turnover and other productivity-clogging problems, new University of Illinois research has found.

Published Date: August 2, 2010


College of Business honors student

Published Date:July 28, 2010

The College of Business at the University of Illinois honored its students in April at its annual awards banquet.

Published Date: July 28, 2010


Financial reform a mixed bag for consumers, U. of I. expert says

Author: Jan Dennis, Business & Law Editor

Published Date:July 8, 2010

Whats the bottom line for consumers if Congress approves a mammoth, 2,300-page bill hailed as the most sweeping reform of the nations financial system since the Great Depression? I think consumers should pump one fist for joy and shake the other in anger, said University of Illinois law professor Robert Lawless, a consumer credit and bankruptcy expert.

Published Date: July 8, 2010


Rituals that target customers not always good for business

Author: Jan Dennis, Business & Law Editor

Published Date:July 7, 2010

Businesses make an impression when they sing Happy Birthday to customers or cook up entrees right at diners tables, but the impressions not always a good one, new research led by a University of Illinois marketing expert has found.

Published Date: July 7, 2010


New book offers at-a-glance overview of business world

Author: Jan Dennis, Business & Law Editor

Published Date:July 1, 2010

Business touches virtually every line of work, from high-stakes dealing on Wall Street to managing payroll and supplies for local street-repair crews. A new book co-written by a University of Illinois expert provides a wide-ranging overview of the business world, offering quick-read lessons to guide people looking for a crash course as well as those who just need to brush up.

Published Date: July 1, 2010


Curbing speculation could destabilize commodity prices, study says

Author: Jan Dennis, Business & Law Editor

Published Date:June 24, 2010

Price spikes for gasoline, grain and other commodities could be magnified if lawmakers curb speculative trading in futures markets, according to a new study released today in conjunction with this weekends G20 summit.

Published Date: June 24, 2010


Relying too much on e-mail bad for business, study says

Author: Jan Dennis, Business & Law Editor

Published Date:June 16, 2010

Firing off e-mails and cueing up videoconferences get work done fast, but not necessarily well, research by a University of Illinois business leadership expert found.

Published Date: June 16, 2010


Brown elected to national insurance association board

Author: Jan Dennis, Business & Law Editor

Published Date:June 9, 2010

University of Illinois finance professor Jeffrey R. Brown has been elected to the board of directors of the American Risk and Insurance Association.

Published Date: June 9, 2010


U. of I. professor honored as rising star in finance

Author: Jan Dennis

Published Date:June 4, 2010

University of Illinois finance professor Murillo Campello has been named a rising star in finance by a panel of scholars from the nations top business schools.

Published Date: June 4, 2010


Oil spill should spark safety measures, not curb drilling, expert says

Author: Jan Dennis, Business & Law Editor

Published Date:May 21, 2010

A massive oil spill in the Gulf of Mexico should fuel a renewed push for safety, not less offshore drilling, according to a University of Illinois expert who wrote a six-volume book series on marine pollution.

Published Date: May 21, 2010


From llama herders to chai wallas: New website will engage the world

Author: Diana Yates, Life Sciences Editor

Published Date:May 19, 2010

African cowpea farmers, Indian street vendors, Peruvian llama farmers and many others will benefit from a new interactive, peer-reviewed information-sharing website now under construction at the University of Illinois.

Published Date: May 19, 2010


Book on landmark labor conflict earns national awards

Author: Jan Dennis, Business & Law Editor

Published Date:May 18, 2010

A book co-written by a University of Illinois professor that provides an insiders look at a touchstone U.S. labor conflict has earned two national awards.

Published Date: May 18, 2010


Conference to explore implementation of climate policy

Author: Jan Dennis, Business & Law Editor

Published Date:May 10, 2010

Twenty of the worlds top academic experts on energy and environmental economics will share research on how best to implement possible U.S. climate regulations during a conference this week for federal policy analysts.

Published Date: May 10, 2010


Restructuring also puts workers who remain at risk, study says

Author: Jan Dennis, Business & Law Editor

Published Date:May 10, 2010

When companies restructure, even managers who escape layoffs can wind up on shakier ground, a new study by a University of Illinois labor expert found.

Published Date: May 10, 2010


Summer gasoline price surge unlikely, U. of I. expert says

Author: Jan Dennis, Business & Law Editor

Published Date:April 29, 2010

Gasoline prices could creep past $3 a gallon this summer, continuing a slow climb but still below record prices of just two years ago, a University of Illinois energy policy expert says.

Published Date: April 29, 2010


Study: Colleges suffer when endowment values wane

Author: Jan Dennis, Business & Law Editor

Published Date:April 26, 2010

University investment decisions can deepen job losses and other financial cuts when market collapses carve into budget-supporting endowment funds, a new study by the National Bureau of Economic Research found.

Published Date: April 26, 2010


Exclusive licensing deals a tool for collaboration, study says

Author: Jan Dennis, Business & Law Editor

Published Date:April 14, 2010

Exclusive licensing deals are a two-way safety net that fosters cooperation as new product ideas weave their way toward the marketplace, according to new research led by a University of Illinois business strategy expert.

Published Date: April 14, 2010


Head-scratching ad claims can alienate consumers, study finds

Author: Jan Dennis, Business & Law Editor

Published Date:March 30, 2010

A new University of Illinois study has bad news for advertisers who hope a sprinkling of glossy-but-obscure product claims will woo buyers.

Published Date: March 30, 2010


Biofuel mandates would make corn shortfall costly, experts say

Published Date:March 24, 2010

Grocery shoppers face hefty price increases if bad weather withers a U.S. corn crop that is now tethered to grain-intensive renewable fuel mandates, a new University of Illinois study warns.

Published Date: March 24, 2010


Illinois citizens a key to political change, author says

Author: Jan Dennis

Published Date:March 22, 2010

Illinois residents share the blame for a state government dogged by a legacy of corruption and paralyzed by a deep, festering budget hole, according to a co-author of a new book on state politics.

Published Date: March 22, 2010


Potentially risky loans helped ease recession, new research shows

Author: Jan Dennis, Business & Law Editor

Published Date:March 16, 2010

Questionable lending helped sink the U.S. economy, but also provided a lifeline that kept countless firms afloat and averted an even deeper recession, according to research by a University of Illinois finance expert.

Published Date: March 16, 2010


Biotech pioneer to discuss turning innovations into businesses

Author: Jan Dennis, Business & Law Editor

Published Date:March 9, 2010

The founder of a global company that helps turn breakthrough ideas in biotechnology into moneymaking businesses will speak this week at the University of Illinois.

Published Date: March 9, 2010


Potential impact of jobs bill hazy at best, economist says

Author: Jan Dennis, Business & Law Editor

Published Date:March 9, 2010

Whether a proposed jobs bill might carve into U.S. unemployment still languishing near double digits is anybodys guess, a University of Illinois economist says.

Published Date: March 9, 2010


New program offers business training for non-business majors

Author: Jan Dennis, Business & Law Editor

Published Date:March 4, 2010

The University of Illinois College of Business is offering a new four-week certificate program to give non-business majors a leg up when they hit the job market.

Published Date: March 4, 2010


Older investors a springboard for dividends, study says

Author: Jan Dennis, Business & Law Editor

Published Date:March 4, 2010

Debate has simmered for a half-century over why firms pay out cash dividends, siphoning money away from business-building investments and often creating an added tax burden for the shareholders who collect them.

Published Date: March 4, 2010


Health-care reform will kick off new debate series

Author: Jan Dennis, Business & Law Editor

Published Date:February 23, 2010

Two nationally known experts with widely opposing views on the governments role in health care will kick off a new debate series at the University of Illinois.

Published Date: February 23, 2010


Business culture steers flow of ideas, study says

Author: Jan Dennis, Business & Law Editor

Published Date:February 22, 2010

The business culture that companies emphasize has an effect on new product ideas that bubble back up from the workforce, a University of Illinois marketing study found.

Published Date: February 22, 2010


More study needed to halt Illinois job slump, economist says

Author: Jan Dennis, Business & Law Editor

Published Date:February 4, 2010

Illinois is mired in a deep employment recession that could linger for years unless the state unravels the roots of its nearly decade-long job slump, a new study by a University of Illinois economist warns.

Published Date: February 4, 2010


Proposed bank tax targets revenge, not reform, economist says

Author: Jan Dennis, Business & Law Editor

Published Date:January 19, 2010

A proposed $90 billion tax on the nations largest banks is more about revenge than regulation, a University of Illinois banking expert says.

Published Date: January 19, 2010


Mandates would crimp benefits of new bank capital, expert says

Author: Jan Dennis, Business & Law Editor

Published Date:December 22, 2009

An old-but-new-again line of hybrid securities could solve the too-big-to-fail problem that spawned billions of dollars in unpopular government bailouts to prop up the nations banking industry, a University of Illinois legal expert says.

Published Date: December 22, 2009


U. of I. Business Instructional Facility achieves top 'green' standard

Author: Jan Dennis, Business & Law Editor

Published Date:December 8, 2009

The state-of-the-art Business Instructional Facility at Illinois is the first business facility at a public university anywhere in the world to earn platinum certification through LEED, or Leadership in Energy and Environmental Design, a U.S. Green Building Council rating system

Published Date: December 8, 2009


Emotions an overlooked key to whistle-blowing, study says

Author: jan Dennis, Business & Law Editor

Published Date:December 7, 2009

A gut-level connection with workers may be the key to encouraging whistle-blowing that could chip away at an estimated $652 billion lost to fraud annually by U.S. businesses, an ongoing University of Illinois study suggests.

Published Date: December 7, 2009


Online gambling a threat to global economy, U. of I. expert says

Published Date:December 3, 2009

Legalized online gambling would fuel an epic surge of betting in the U.S., leaving lives in tatters and the worlds economy in jeopardy, a University of Illinois professor and national gambling critic warns.

Published Date: December 3, 2009


Federal prison would salve Illinois budget woes, economist says

Author: Jan Dennis, Business & Law Editor

Published Date:November 25, 2009

A proposed federal prison in northwest Illinois would lock up a double dose of much-needed cash to chip away at the states gaping budget hole, a University of Illinois economist says.

Published Date: November 25, 2009


Five-day delivery no sure cure for postal woes, economist says

Author: Jan Dennis, Business & Law Editor

Published Date:November 23, 2009

Scaling back mail delivery from six days a week to five may be the best bet to stem mounting U.S. Postal Service losses, but could still be a gamble, says a University of Illinois economist who has studied the agencys persistent financial decline.

Published Date: November 23, 2009


Only tax increase can cure Illinois budget woes, study says

Author: Jan Dennis, Business & Law Editor

Published Date:November 16, 2009

Tax increases are the only solution to a widening budget crisis that a new study says has landed Illinois among the nations most financially troubled states, a soon-to-be-released report by a team of University of Illinois economists warns.

Published Date: November 16, 2009


U. of I. business professor wins international award

Author: Jan Dennis, Business & Law Editor

Published Date:November 9, 2009

A University of Illinois business professor who champions programs to combat poverty and promote marketplace literacy has earned an international award, joining past winners that include Mother Teresa and the former vice president of India.

Published Date: November 9, 2009


Study: Credit crisis, debt load a double whammy for investment

Author: Jan Dennis, Business & Law Editor

Published Date:November 9, 2009

Firms with heavy long-term debt that came due amid the nations recent credit crisis slashed investment more than three times as much as companies whose paybacks ducked the meltdown, a new University of Illinois study found.

Published Date: November 9, 2009


Growing online sales could lower prices,but also trim choices

Author: Jan Dennis, Business & Law Editor

Published Date:November 2, 2009

Shoppers could see lower prices but less variety to choose from as more manufacturers sell directly to consumers through the Internet, according to new research led by a University of Illinois business professor.

Published Date: November 2, 2009


Recession over, but rebound will be slow, economist says

Author: Jan Dennis, Business & Law Editor

Published Date:October 29, 2009

The recession may be over, but recovery will come slowly for a still-fragile U.S. economy battered by the deepest downturn since the Great Depression, a University of Illinois economist says.

Published Date: October 29, 2009


Roth IRA conversion not a good fit for all, tax expert says

Author: Jan Dennis, Business & Law Editor

Published Date:October 26, 2009

Starting next year, anyone can convert retirement savings into tax-advantaged Roth individual retirement accounts, but the much-touted switch isnt for everyone, a University of Illinois expert on tax and elder law warns.

Published Date: October 26, 2009


U. of I. slates forum on climate policy prospects

Author: Jan Dennis, Business & Law Editor

Published Date:October 26, 2009

An internationally known economist whose research on climate change contributed to a Nobel Peace Prize is among panelists for a Nov. 3 forum on global warming at the University of Illinois.

Published Date: October 26, 2009


U. of I. expert keynote speaker for European climate conference

Author: Jan Dennis, Business & Law Editor

Published Date:October 23, 2009

University of Illinois finance professor Don Fullerton will be the keynote speaker at a Nov. 30 global warming conference for European Union tax commissioners in Brussels, Belgium.

Published Date: October 23, 2009


Study: Some stock repurchase plans just empty promises

Author: Jan Dennis, Business & Law Editor

Published Date:October 7, 2009

A new study backs longtime speculation on Wall Street that companies sometimes ballyhoo stock repurchase programs they never plan to pursue, hoping to stir a buzz that will mislead investors and pump up sagging share prices.

Published Date: October 7, 2009


Firms can manage their way through recessions, expert says

Author: Jan Dennis, Business & Law Editor

Published Date:October 6, 2009

Recessions leave a gaping crater in the U.S. business landscape, sinking an average of more than a half-million firms during each of 10 economic slumps between World War II and the early 2000s.

Published Date: October 6, 2009


U. of I. sets tribute for labor relations pioneer

Author: Jan Dennis, Business & Law Editor

Published Date:September 8, 2009

A longtime University of Illinois educator and administrator who was a pioneer in the evolution of labor-management relations for more than a half-century will be remembered at a tribute and memorial service Saturday.

Published Date: September 8, 2009


U. of I. economist to address European global warming conference

Author: Jan Dennis, Business & Law Editor

Published Date:September 1, 2009

A University of Illinois environmental policy expert will outline the economic impact of pollution regulations at a meeting of European Union finance ministers that will be a springboard for upcoming negotiations on a new international treaty to combat global warming.

Published Date: September 1, 2009


Retirees' health-care benefits at risk, study warns

Author: Jan Dennis, Business & Law Editor

Published Date:August 18, 2009

A nearly two-decade trend that is stripping away employer-provided health-care benefits for retirees in private business will likely continue and could soon hit an even deeper pool of government retirees, new research by a University of Illinois elder law expert warns.

Published Date: August 18, 2009


Study: Financial windfalls hasten early retirement

Author: Jan Dennis, Business & Law Editor

Published Date:August 13, 2009

Older workers who get a jolt of cash out of the blue are more likely to cash in on early retirement, according to new research led by two University of Illinois finance professors.

Published Date: August 13, 2009


Airline overbooking policy well known and so, too, should be its creator

Author: Jan Dennis, Business & Law Editor

Published Date:August 3, 2009

Economist Julian Simon, while a professor at Illinois, devised the notion of rewarding passengers on overbooked flights if they gave up their seats. The seemingly subtle switch provided a $100 billion jolt to the U.S. economy over the last three decades, says former colleague James Heins.

Published Date: August 3, 2009


Too early to consider another stimulus package - economist

Author: jan Dennis, Business & Law Editor

Published Date:July 27, 2009

Another fiscal stimulus package would be premature and could be counterproductive if the U.S. economy rebounds next year, as many analysts expect, a University of Illinois economist says.

Published Date: July 27, 2009


Recession-driven cuts in advertising risk long-term losses, expert says

Author: Jan Dennis, Business & Law Editor

Published Date:July 13, 2009

Companies that scale back advertising to weather the recession risk sales declines that could linger long after the economy rebounds, a University of Illinois marketing expert says.

Published Date: July 13, 2009


Study: Restoring lost privileges a key to discipline

Author: Jan Dennis, Business & Law Editor

Published Date:July 9, 2009

Managers who dole out discipline by taking away privileges – without considering the implications of restoring them – are missing a key in their bid to improve performance and behavior, a new University of Illinois study says.

Published Date: July 9, 2009


Owning too much company stock puts workers' retirement at risk

Author: Jan Dennis, Business & Law Editor

Published Date:June 22, 2009

Congress should ban employer stock from company-sponsored retirement plans to spare workers the risk of putting too much of their nest eggs in one basket, a new study by a University of Illinois legal expert says.

Published Date: June 22, 2009


Listening to workers a key to organizational success, expert says

Author: Jan Dennis, Business & Law Editor

Published Date:June 12, 2009

Top-down management that counts workers out of decision-making likely contributed to the nation’s economic freefall, but changing it could still help businesses rebound from a deep and lingering recession, a University of Illinois leadership expert says.

Published Date: June 12, 2009


Stimulus package provided hope that spared U.S. economy – expert

Author: Jan Dennis, Business & Law Editor

Published Date:June 12, 2009

Without the government’s massive stimulus package, the U.S. economy could have spiraled into an epic collapse rivaling the Great Depression, a University of Illinois economist says.

Published Date: June 12, 2009


Government intervention stifling economic growth and recovery, expert says

Author: jan Dennis, Business & Law Editor

Published Date:June 9, 2009

Massive bailouts and other moves by the U.S. government to stem a near-epic economic meltdown could set the U.S. economy back by more than a half-century, a University of Illinois business expert warns.

Published Date: June 9, 2009


Education campaign needed on Social Security, Medicare woes, expert says

Author: Jan Dennis, Business & Law Editor

Published Date:May 15, 2009

Painful but inevitable Social Security and Medicare reforms will be difficult to sell because years of partisan wrangling have clouded the public’s grasp of the programs’ dire financial problems, a former government economic adviser warns.

Published Date: May 15, 2009


Student diversity at risk in wake of recession, new business dean warns

Author: Jan Dennis, Business & Law Editor

Published Date:May 11, 2009

Diversity in university business schools – and ultimately the U.S. workforce – could be another casualty of a deep and lingering economic downturn, says a longtime administrator and economist who will soon lead one of the nation’s top business programs.

Published Date: May 11, 2009


Online gambling a bad bet for America, U. of I. expert says

Author: Jan Dennis, Business & Law Editor

Published Date:May 1, 2009

Gambling addictions would soar and an already-sputtering economy could sink into ruin if Congress overturns a decades-old ban on Internet gambling, a University of Illinois professor and national gambling critic warns.

Published Date: May 1, 2009


Study: Public service an option in exchange for mortgage relief

Author: Jan Dennis, Business & Law Editor

Published Date:April 22, 2009

The debt-saddled U.S. government doesn’t have to just give away billions of taxpayer dollars that will help struggling homeowners stave off foreclosure, according to a new study by a University of Illinois law and labor expert.

Published Date: April 22, 2009


New book offers insider view of pivotal labor conflict

Author: Jan Dennis, Business & Law Editor

Published Date:April 20, 2009

More than a decade after workers at an Illinois corn-processing plant lost a bitter, three-year standoff with management, a new book says their innovative tactics remain a how-to guide for the evolving U.S. labor movement.

Published Date: April 20, 2009


Gambling ban would reverse recession, new book says

Author: Jan Dennis, Business & Law Editor

Published Date:April 16, 2009

Legalized gambling is weighing down a global economy already mired in its deepest downturn since the Great Depression, according to a new collection of research that renews decades-old calls to outlaw betting.

Published Date: April 16, 2009


Study: Price gap threatens Chicago Board of Trade's wheat futures market

Author: Jan Dennis, Business & Law Editor

Published Date:April 14, 2009

A commodity market that has long helped wheat growers and processors manage price risks could lose its relevance unless the Chicago Board of Trade bridges a wide gap between futures and cash prices, a new University of Illinois study warns.

Published Date: April 14, 2009


Gambling threatens national security, new book warns

Author: Jan Dennis, Business & Law Editor

Published Date:April 9, 2009

A two-decade surge of legalized gambling is chipping away at U.S. security and military readiness, not just the bank accounts of bettors, a comprehensive new collection of research on the hazards of gambling warns.

Published Date: April 9, 2009


New book series renews call for ban on gambling

Author: Jan Dennis, Business & Law Editor

Published Date:April 2, 2009

Banning gambling is among the best bets to reverse a deep recession that has crippled the global economy, according to a new collection of books that offer the most comprehensive analysis ever on the financial perils of wagering.

Published Date: April 2, 2009


'Unfunded liabilities' a financial myth, expert says

Author: Jan Dennis, Business & Law Editor

Published Date:April 1, 2009

An elder law expert contends the notion of “unfunded liabilities” is merely an ominous new catchphrase coined during debates over massive spending programs such as Social Security and Medicare that is rooted in financial fallacy.

Published Date: April 1, 2009


Extra medicare charges for the rich a slippery slope, expert says

Author: Jan Dennis, Business & Law Editor

Published Date:March 9, 2009

A growing trend toward higher Medicare premiums for the richest Americans could ultimately creep into the retirement income of less-wealthy seniors, a University of Illinois expert on federal health insurance warns.

Published Date: March 9, 2009


Markets still a good litmus test for the economy, finance expert says

Author: Jan Dennis, Business & Law Editor

Published Date:March 2, 2009

Don’t put much stock in rumblings that financial markets are a faulty barometer of the nation’s economic climate, a University of Illinois business expert says.

Published Date: March 2, 2009


In-store video ads a boon to retailers, a peril for traditional media

Author: Jan Dennis, Business & Law Editor

Published Date:February 23, 2009

Video advertising in stores is a moneymaker for retailers, but a growing threat to already cash-strapped print and broadcast media, according to a new study co-written by a University of Illinois business professor.

Published Date: February 23, 2009


New working-class task force faces broad challenges, labor expert says

Author: Jan Dennis, Business & Law Editor

Published Date:February 17, 2009

A task force launched by President Obama to boost America’s middle class will have to help retool beleaguered U.S. workplaces facing their most sweeping changes since World War II, a University of Illinois labor expert says.

Published Date: February 17, 2009


Ethanol plants no panacea for local economies, study finds

Author: Jan Dennis, Business & Law Editor

Published Date:February 16, 2009

Just over a year ago, the U.S. ethanol industry was still in overdrive, fueling a wave of new factories to keep pace with surging demand for the corn-based gasoline additive. But the boom has since stalled amid a deep economic downturn that has stifled demand, one of many threats to the fledgling industry that were forecast in a 2007 study by two University of Illinois researchers.

Published Date: February 16, 2009


Ending stimulus as important as launching it, economist says

Author: Jan Dennis, Business & Law Editor

Published Date:February 12, 2009

Pulling the plug on a government-backed stimulus plan once the U.S. economy rebounds is as important as launching one now, a University of Illinois economist says.

Published Date: February 12, 2009


Slash in corporate investment creating long-term problems

Author: Jan Dennis, Business & Law Editor

Published Date:February 3, 2009

A deep and lingering credit crisis is throttling investment in moneymaking projects that could help jump-start a U.S. economy mired in its worst downturn in decades, a new survey of corporate executives shows.

Published Date: February 3, 2009


Super Bowl ads will reflect tough economy, says advertising professor

Author: Craig Chamberlain, News Editor

Published Date:January 28, 2009

Fewer cars. More horses. A softer sell. That’s just part of what viewers can expect in Sunday’s “Super Bowl of advertising,” as companies adjust their marketing in a very down market, says Jan Slater, a branding expert and the head of the department of advertising at the University of Illinois.

Published Date: January 28, 2009


Economist says renewed financial crisis looms unless government acts

Author: Jan Dennis, Business & Law Editor

Published Date:January 23, 2009

Another crippling financial crisis looms unless the U.S. government thaws credit markets that are starting to freeze up amid a lingering and deepening recession, a University of Illinois economist warns.

Published Date: January 23, 2009


Doubts make consumers more willing to reevaluate brands, study finds

Author: Jan Dennis, Business & Law Editor

Published Date:January 5, 2009

Most consumers crave a clear understanding of brand images, making them more receptive to new marketing messages if anything clouds their vision of companies or products, according to a new study by a University of Illinois marketing expert.

Published Date: January 5, 2009


Flawed deposit insurance programs need reform, banking expert says

Author: Jan Dennis, Business & Law Editor

Published Date:January 5, 2009

Government insurance programs that safeguard bank deposits should be reformed to ease taxpayers’ undue stake in propping up the nation’s banking system, according to research by a University of Illinois finance professor.

Published Date: January 5, 2009


Labor nominee an advocate for workplace balance, U. of I. expert says

Author: Jan Dennis, Business & Law Editor

Published Date:December 19, 2008

President-elect Barack Obama’s choice for labor secretary would work to restore equality in a U.S. workforce that has seen the balance of power shift too far toward management, a University of Illinois labor expert says.

Published Date: December 19, 2008


Former Bush adviser lauds Obama's economic team

Author: Jan Dennis, Business & Law Editor

Published Date:November 25, 2008

A former economic adviser for President Bush and John McCain threw bipartisan support to the economic team assembled by President-elect Barack Obama to help lead the U.S. out of its deepest financial crisis since the Great Depression.

Published Date: November 25, 2008


Expert says economy will worsen if layoffs used to curb company losses

Author: Jan Dennis, Business & Law Editor

Published Date:November 24, 2008

Widespread layoffs that stem corporate financial losses but leave workers out in the cold would deepen the looming recession that sparked them, a University of Illinois labor expert warns.

Published Date: November 24, 2008


Democratic Party control could ban mandatory arbitration, expert says

Author: Jan Dennis, Business & Law Editor

Published Date:November 17, 2008

Democratic Party control in Washington could restore lawsuits as an option for workers and consumers now forced to settle disputes through mandatory arbitration that gives employers and businesses an unfair edge, a University of Illinois labor law expert says.

Published Date: November 17, 2008


Ethanol will curb farm income until economy rebounds, economist says

Author: Jan Dennis, Business & Law Editor

Published Date:November 10, 2008

Ethanol helped drive two years of record profits for grain farmers, but also will hold income down during a looming recession that has already sliced crop prices in half, a University of Illinois economist says.

Published Date: November 10, 2008


Job losses higher and quicker than feared, U. of I. economist says

Author: Jan Dennis, Business & Law Editor

Published Date:November 7, 2008

Worse-than-expected job losses in October are another grim signal that the recession-bound U.S. economy is unraveling even faster than feared, a University of Illinois economist says.

Published Date: November 7, 2008


A second round of tax rebates likely, U. of I. economist says

Published Date:November 3, 2008

Taxpayers may be in store for another windfall next year as the federal government tries to prop up an economy that could be spiraling toward its deepest recession in nearly three decades, a University of Illinois economist predicts.

Published Date: November 3, 2008


Flawed 401(k) laws putting retirement at risk, expert says

Author: Jan Dennis, Business & Law Editor

Published Date:October 27, 2008

Congress needs to reform flawed 401(k) laws that could push back retirement for millions of Americans whose savings have collapsed along with the stock market, a University of Illinois elder law expert says.

Published Date: October 27, 2008


Another bailout? Government pension insurer could be next, expert says

Author: Jan Dennis, Business & Law Editor

Published Date:October 15, 2008

Another multi-billion-dollar taxpayer bailout could lie ahead, this time to rescue a cash-strapped government program that insures pensions of 44 million American workers and retirees, a University of Illinois finance professor warns.

Published Date: October 15, 2008


Expert: Flawed corporate watchdog methods helped fuel economic crisis

Author: Jan Dennis, Business & Law Editor

Published Date:October 9, 2008

Archaic corporate governing systems that failed to ferret out risky business deals helped stoke the nation’s deepest financial meltdown since the Great Depression, a University of Illinois business law expert says.

Published Date: October 9, 2008


Bailout will avert long, deep economic downturn, U. of I. economist says

Author: Jan Dennis, Business & Law Editor

Published Date:October 3, 2008

A massive Wall Street bailout won’t stave off a recession, but will ease a creeping economic meltdown that threatened to slice into jobs, retirement savings and access to credit across the country, a University of Illinois economist says.

Published Date: October 3, 2008


Study: Immigrants close earning gap more slowly than previously thought

Author: Jan Dennis, Business & Law Editor

Published Date:October 2, 2008

Immigrants whittle into a broad earnings gap with American-born workers only about half as fast as long-accepted estimates suggest, according to new research by a University of Illinois economist.

Published Date: October 2, 2008


No bailout is a risk too big to take, U. of I. economist says

Author: Jan Dennis, Business & Law Editor

Published Date:September 30, 2008

The troubled U.S. economy is bound for dangerous, uncharted territory unless Congress acts swiftly to resurrect a bailout plan to prop up crippled credit markets, a University of Illinois economist says.

Published Date: September 30, 2008


Government should lift shroud over bailout plan, expert says

Author: Jan Dennis, Business & Law Editor

Published Date:September 25, 2008

Americans deserve more than just vague warnings of economic doom before their tax dollars are poured into a massive $700 billion rescue of Wall Street, a University of Illinois legal expert says.

Published Date: September 25, 2008


Ban on betting would boost ailing economy, gambling critic says

Author: Jan Dennis, Business & Law Editor

Published Date:September 23, 2008

Congress should resurrect the nationwide gambling ban that existed through most of the 20th century to help soothe a fragile U.S. economy shaken by the worst credit and financial crisis in decades, a University of Illinois professor and national gambling critic says.

Published Date: September 23, 2008


Only time will tell whether bailout plan can succeed, U. of I. expert says

Author: Jan Dennis, Business & Law Editor

Published Date:September 22, 2008

A historic government bailout proposal has slowed the bleeding on Wall Street, but the jury is still out on whether it can cure the nation’s troubled financial system, a University of Illinois economist says.

Published Date: September 22, 2008


Depression-era failings behind recent Wall Street bailouts, expert says

Published Date:September 17, 2008

Lessons from the Great Depression are likely guiding an unprecedented wave of government bailouts now propping up American International Group Inc. and other cash-strapped financial firms, a University of Illinois economist says.

Published Date: September 17, 2008


Expert says gas prices should level off after refineries survived Ike

Author: Jan Dennis, Business & Law Editor

Published Date:September 16, 2008

Hurricane Ike threatened to send already steep gasoline prices soaring, despite a steady decline in crude oil prices that reached a seven-month low this week, a University of Illinois economic expert says.

Published Date: September 16, 2008


New study says high grain prices are likely here to stay

Author: Jan Dennis, Business & Law Editor

Published Date:September 15, 2008

An ethanol-fueled spike in grain prices will likely hold, yielding the first sustained increase for corn, wheat and soybean prices in more than three decades, according to new research by two University of Illinois farm economists.

Published Date: September 15, 2008


Freddie Mac, Fannie Mae bailout only a stopgap, U. of I. expert says

Author: Jan Dennis, Business & Law Editor

Published Date:September 8, 2008

A government bailout of mortgage giants Freddie Mac and Fannie Mae is only a bandage for the nation’s troubled financial and housing sectors, a University of Illinois economist says.

Published Date: September 8, 2008


Study: Starting kindergarten later gives students only a fleeting edge

Author: Jan Dennis, Business & Law Editor

Published Date:August 18, 2008

New research challenges a growing trend toward holding kids out of kindergarten until they’re older, arguing that academic advantages are short-lived and come at the expense of delaying entry into the workforce and other costs.

Published Date: August 18, 2008


New business course seeks to instill professional responsibility

Author: Jan Dennis, Business & Law Editor

Published Date:August 6, 2008

In simpler times, handshakes sealed business deals. Now, they could help restore a grip on career values that veered off course amid a wave of high-profile scandals that sank Enron, WorldCom and other corporate giants.

Published Date: August 6, 2008


Confidence a key to recent economic initiatives, U. of I. expert says

Author: Jan Dennis, Business & Law Editor

Published Date:July 25, 2008

Restoring confidence in the sputtering U.S. economy is at the heart of recent moves to shore up the nation’s lagging financial and housing markets, a University of Illinois economist says.

Published Date: July 25, 2008


Limits on futures trading could boost gas prices, expert says

Author: Jan Dennis, Business & Law Editor

Published Date:July 25, 2008

Proposals to reign in wallet-draining gasoline prices by curbing speculation in oil markets would likely increase costs at the pump instead of trimming them, a University of Illinois economist says.

Published Date: July 25, 2008


U.S. firms a role model for fair hiring standards, study says

Author: Jan Dennis, Business & Law Editor

Published Date:July 2, 2008

U.S. companies are helping spread fair hiring practices across the world as they set up shop in developing nations, according to a new study of gender and age discrimination co-written by a University of Illinois labor expert.

Published Date: July 2, 2008


Personal information in e-mail marketing can backfire, study indicates

Published Date:July 1, 2008

Businesses risk chasing away prospective customers when they send chummy e-mails that bandy around people’s names, hobbies and other personal information to pitch sales, according to a new study of the popular marketing tool.

Published Date: July 1, 2008


Study: News media bias can net mistakes at the ballot box

Author: Jan Dennis, Business & Law Editor

Published Date:June 25, 2008

The media slant political news to the left or right to increase ratings and profits, spinning up an information vacuum that can lead to mistakes at the ballot box, a new study by three University of Illinois economists says.

Published Date: June 25, 2008


Study: Women make management strides when firms downsize, restructure

Author: Jan Dennis, Business & Law Editor

Published Date:June 4, 2008

Women can make inroads into male-dominated management ranks as companies that downsize restructure their scaled-back workforces, according to new research by a University of Illinois labor expert.

Published Date: June 4, 2008


Multiple job duties yield multiple benefits for workers, U. of I. expert says

Author: Jan Dennis, Business & Law Editor

Published Date:June 2, 2008

Worn thin from wearing too many hats at work? Turns out all of that on-the-job juggling can yield career and even personal benefits, not just stress and burnout, according to new research by a University of Illinois business professor.

Published Date: June 2, 2008


Following Wall Street's lead can taint corporate reputations, study shows

Author: Jan Dennis, Business & Law Editor

Published Date:May 30, 2008

Corporate reputations take a beating when scandals erupt, faulty products force recalls or earnings tumble, yielding sell-offs that leave investors jittery. But new research by two University of Illinois business professors shows the polished image that companies spend millions of dollars to cultivate is so fragile that it can tarnish even when firms make moves with the blessing of powerful stakeholders such as financial analysts and the business community.

Published Date: May 30, 2008


Big changes loom if high gas prices hold, U. of I. expert says

Author: Jan Dennis, Business & Law Editor

Published Date:May 28, 2008

Americans’ usual fuel-saving shortcuts could give way to dramatic changes affecting the nation’s auto, housing and even job markets if gasoline prices stay at record highs nearing an average $4 a gallon nationwide, a University of Illinois economic expert says.

Published Date: May 28, 2008


Proposed law could drive up health-insurance costs, U. of I. expert says

Author: Jan Dennis, Business & Law Editor

Published Date:May 19, 2008

Health-insurance costs could ultimately balloon if President Bush signs a bill forbidding insurers from using genetic tests that gauge disease risks when setting premiums or deciding eligibility for coverage, a University of Illinois insurance expert says.

Published Date: May 19, 2008


Study shows 'snowballing futility' for workers in arbitration cases

Author: Jan Dennis, Business & Law Editor

Published Date:May 5, 2008

A hodge-podge of state laws has created legal landmines that are blowing away a disproportionate share of awards handed to employees in arbitration cases against their employers, according to a new University of Illinois study.

Published Date: May 5, 2008


U. of I., Illinois chamber starting certification program for HR managers

Author: Jan Dennis, Business & Law Editor

Published Date:May 1, 2008

More than 9,300 Illinois companies were investigated last year for alleged labor law violations, sparked by employee complaints about problems ranging from wages and overtime to workplace safety. Many problems likely could have been averted if human resource practitioners were better trained in the often complex nuances of federal and state labor regulations, says Jean Drasgow, assistant director of the Center for Human Resource Management at the University of Illinois.

Published Date: May 1, 2008


Fed juggling inflation, economy as it considers rate cut, U. of I. expert says

Author: Jan Dennis, Business & Law Editor

Published Date:April 29, 2008

Mounting worries about inflation will weigh on the Federal Reserve Board this week as it mulls a seventh cut in short-term interest rates in the last eight months, a University of Illinois economist says.

Published Date: April 29, 2008


Airfares could rise if Delta-Northwest deal spawns more mergers, expert says

Author: Jan Dennis, Business & Law Editor

Published Date:April 17, 2008

A proposed merger of Delta and Northwest airlines likely won’t drive up the cost of flying, but that could change if the deal sparks a flurry of consolidation among U.S. air carriers, a University of Illinois business professor says.

Published Date: April 17, 2008


Star status among financial analysts overrated, new study says

Author: Jan Dennis, Business & Law Editor

Published Date:April 10, 2008

Some Wall Street analysts are hailed as stars, packing enough wallop to send stock prices soaring or tumbling as their earnings forecasts ripple through a growing landscape of financial news outlets.

Published Date: April 10, 2008


Round-the-clock casinos bad for society, U. of I. gambling expert says

Author: Jan Dennis, Business & Law Editor

Published Date:April 3, 2008

Gambling addictions and drunken driving are among life-changing problems that will worsen if Illinois allows casinos to take bets 24 hours a day, a University of Illinois professor who has studied gambling for more than two decades says.

Published Date: April 3, 2008


U.of I. experts say overhaul proposals could worsen credit crisis

Author: Jan Dennis, Business & Law Editor

Published Date:April 3, 2008

The Bush administration’s sweeping plan to overhaul the nation’s financial regulatory system could compound the credit crisis it seeks to cure, two University of Illinois finance professors say.

Published Date: April 3, 2008


First online-only undergraduate courses coming to U. of I.'s Urbana campus

Author: Jan Dennis, Business & Law Editor

Published Date:December 4, 2007

The University of Illinois will launch its first fully online courses for undergraduates on the Urbana campus next spring, seeking to train a new generation of labor leaders for a rapidly changing workplace that has become more global and high-tech.

Published Date: December 4, 2007


Expert: Cutting-edge gains not always death knell for old-guard firms

Author: Jan Dennis, Business & Law Editor

Published Date:November 27, 2007

For every technological breakthrough that spawns new industry giants such as Microsoft or Intel, old-guard companies wither or die, according to an evolutionary theory of capitalism embraced for well over a half-century.

Published Date: November 27, 2007


Christmas spirit lives in family tree-trimming rituals, U. of I. expert says

Author: Jan Dennis, Business & Law Editor

Published Date:November 12, 2007

Worried the Christmas spirit has been cast aside like a lousy gift amid a frantic, commercialized holiday rush that cranks up even before Halloween's pumpkins start to shrivel?

Published Date: November 12, 2007


Labor expert: Writers strike involves new issues and old problem - money

Author: Jan Dennis, Business & Law Editor

Published Date:November 6, 2007

A strike by film and television writers is just another sequel to the reruns about how to divvy up riches from the nation's lucrative entertainment industry, a University of Illinois labor expert says.

Published Date: November 6, 2007


U. of I. scholar: Illinois could weather recession better than nation

Author: Jan Dennis, Business & Law Editor

Published Date:October 30, 2007

Illinois would likely fare better than the nation if the sagging U.S. economy plunges into a recession amid a worrisome housing market slump and sub-prime loan crisis, a University of Illinois economist says.

Published Date: October 30, 2007


'Black Monday' anniversary a reminder of stock market's inherent risks

Author: Jan Dennis, Business & Law Editor

Published Date:October 16, 2007

The 20th anniversary of Wall Street's historic "Black Monday" collapse is a good reminder that the lure of investment riches comes with equally dramatic risks, a University of Illinois stock market expert says.

Published Date: October 16, 2007


Illinois casino expansion would drain state's economy, U. of I. professor says

Author: Jan Dennis, Business & Law Editor

Published Date:October 9, 2007

Illinois would choke its economy and ruin lives if lawmakers expand gambling to bankroll statewide road improvements and mass transit in Chicago, a University of Illinois professor and national gambling critic says.

Published Date: October 9, 2007


Illinois casino expansion would drain state's economy, U. of I. professor says

Author: Jan Dennis, Business & Law Editor

Published Date:October 9, 2007

Illinois would choke its economy and ruin lives if lawmakers expand gambling to bankroll statewide road improvements and mass transit in Chicago, a University of Illinois professor and national gambling critic says.

Published Date: October 9, 2007


New U. of I. study program seeks to match workers, technology

Author: Jan Dennis, Business & Law Editor

Published Date:October 8, 2007

Clunky typewriters gave way to computers, and space-age robotics now help run assembly lines that once relied on hand tools and elbow grease.

Published Date: October 8, 2007


New U. of I. study program seeks to match workers, technology

Author: Jan Dennis, Business & Law Editor

Published Date:October 8, 2007

Clunky typewriters gave way to computers, and space-age robotics now help run assembly lines that once relied on hand tools and elbow grease.

Published Date: October 8, 2007


List of international leaders with U. of I. ties continues to grow

Author: Jan Dennis, Business & Law Editor

Published Date:September 26, 2007

The leader of a South American nation where thick rainforests straddle the equator earned his doctoral degree at a U.S. university in the shadows of cornfields a half a world away.

Published Date: September 26, 2007


Fledgling traders should lean on experts for investing tips, study shows

Author: Jan Dennis, Business & Law Editor

Published Date:September 20, 2007

Novice investors earn lower stock returns when they seek an edge by wading through complex financial data rather than relying on experts to guide them, a new study by two University of Illinois professors shows.

Published Date: September 20, 2007


Princeton professor to deliver David Kinley Lecture in Economics

Author: Jan Dennis, Business & Law Editor

Published Date:September 17, 2007

A Princeton University professor who studies the global economy will be at the University of Illinois next month to talk about whether health and happiness could be rooted in prosperity.

Published Date: September 17, 2007


High-tech reliability a key for workers who do business outside the office

Author: Jan Dennis, Business & Law Editor

Published Date:September 17, 2007

Workers want top-of-the-line technology to take care of business while they're away from the office, but only if they can count on it, according to research by a University of Illinois professor.

Published Date: September 17, 2007


High-tech reliability a key for workers who do business outside the office

Author: Jan Dennis, Business & Law Editor

Published Date:September 17, 2007

Workers want top-of-the-line technology to take care of business while they're away from the office, but only if they can count on it, according to research by a University of Illinois professor.

Published Date: September 17, 2007


Study finds Americans rely on friends, neighbors for investment advice

Author: Mark Reutter, Business & Law Editor

Published Date:July 26, 2007

Keeping up with the Joneses apparently includes keeping up with their stock market picks, researchers at the University of Illinois have found.

Published Date: July 26, 2007


Job picture in Illinois not as bright as elsewhere, report indicates

Author: Mark Reutter, Business & Law Editor

Published Date:June 20, 2007

Illinois lags behind the nation and neighboring states in job creation, a report by the Institute of Government and Public Affairs at the University of Illinois finds.

Published Date: June 20, 2007


Leisure time with colleagues may be beneficial on the job, researchers say

Author: Melissa Mitchell, News Editorc

Published Date:June 4, 2007

If the 1961 Broadway hit "How to Succeed in Business Without Really Trying" were updated to reflect today's workplace realities, the remake might feature the corporate-ladder climbing character "Finch" bowling, returning tennis serves or simply tossing back beers with his colleagues after work.

Published Date: June 4, 2007


Scholars develop protocol for 'LBS,' new wireless Internet technology

Author: Melissa Mitchell, News Editor

Published Date:May 8, 2007

To some, the ability to track the movements of family members using cell phones equates to a violation of privacy. Others - particularly parents, who already are tapping the new technology to keep tabs on their kids - view it as a convenient way to ensure their children's safety in an increasingly ominous world.

Published Date: May 8, 2007


Electricity markets and transmission course to be offered in Chicago

Author: Mark Reutter, Business & Law Editor

Published Date:May 1, 2007

The 2007 Transmission Business School will take place June 4-7 at the Illini Center, 200 S. Wacker Drive, Chicago. This marks the 14th offering of the annual course on electricity markets and the transmission business.

Published Date: May 1, 2007


Students become micro-lenders, assisting entrepreneurs around world

Author: Melissa Mitchell, News Editor

Published Date:April 24, 2007

University of Illinois students who enrolled in Bruce Wicks' recreation, sport and tourism course on entrepreneurism this semester did so thinking they would be learning how to create a business plan and finance, begin and market a small business.

Published Date: April 24, 2007


Expert calls proposed gross receipts tax textbook case of 'inefficient tax'

Author: Mark Reutter, Business & Law Editor

Published Date:April 13, 2007

The gross receipts tax proposed by Illinois Gov. Rod Blagojevich, while a welcome step in tackling the state's budget shortfall, is a flawed approach to taxation, according to a University of Illinois expert.

Published Date: April 13, 2007


Program helping poor in India become better informed buyers, sellers

Author: Mark Reutter, Business & Law Editor

Published Date:March 19, 2007

A University of Illinois professor has started a grassroots program to help poor people in India improve their consumer and business skills.

Published Date: March 19, 2007


College of Business gets $1 million grant for markets information lab

Author: Mark Reutter, Business & Law Editor

Published Date:December 18, 2006

The College of Business at the University of Illinois at Urbana-Champaign was awarded a $1 million grant from the Chicago Mercantile Exchange (CME) Trust to support a markets information laboratory.

Published Date: December 18, 2006


U. of I. student teams to get chance to turn ideas into start-up businesses

Author: Mark Reutter, Business & Law Editor

Published Date:December 18, 2006

As graduates, they became major players in the technology world, establishing such companies as PayPal and YouTube.

Published Date: December 18, 2006


Study takes rare look at how materialism develops in the young

Author: Mark Reutter, Business & Law Editor

Published Date:December 11, 2006

As Christmas approaches, many people blame advertising for stoking the desire among teenagers to own the latest and best in computers, clothes, toys, video games, jewelry, sports equipment and cosmetics.

Published Date: December 11, 2006


Role of workers in national emergencies should be clarified, scholar says

Author: Mark Reutter, Business & Law Editor

Published Date:December 4, 2006

Updating and clarifying the role of civilian workers in times of national emergencies is a pressing need that would improve homeland security, a University of Illinois legal scholar says.

Published Date: December 4, 2006


Flash Index of Illinois economy fell slightly, indicating slowing of growth

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor, News Bureau

Published Date:November 1, 2006

The University of Illinois Flash Economic Index for October fell to 106.0 from its 106.4 level in September.

Published Date: November 1, 2006


U. of I. Flash Index up sharply, sign of growing state economy

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor, News Bureau

Published Date:November 1, 2006

The University of Illinois Flash Economic Index for November increased strongly to 106.8 from its 106 level in October.

Published Date: November 1, 2006


Flash Index of Illinois economy unchanged, indicating strong growth

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor, News Bureau

Published Date:October 2, 2006

The University of Illinois Flash Economic Index for September remained unchanged from its August level at 106.4.

Published Date: October 2, 2006


Explosive growth of file-sharing groups not sure sign of success, scholar says

Author: Mark Reutter, Business & Law Editor

Published Date:September 28, 2006

Online file-sharing communities have experienced explosive growth in recent years. YouTube, started in May 2005 so that people could share and download videos, now attracts 100 million visitors a day, while Gnutella and Kazaa, for music sharing, are attracting users at an increasing pace.

Published Date: September 28, 2006


Flash Index of Illinois Economy rose moderately in August

Author: J. Fred Giertz, Institute of Government and Public Affairs

Published Date:September 5, 2006

The U. of I. Flash Index of the state economy moved up in August to 106.4 from its 106.1 reading in July.

Published Date: September 5, 2006


Researchers dispute study pointing to college basketball point shaving

Author: Dan Bernhardt, professor of economics and Mark Reutter, Business & Law Editor

Published Date:September 5, 2006

A University of Illinois economist disputes a widely publicized academic study that claimed to find statistical evidence of point shaving among college basketball teams that are strongly favored by Las Vegas bookmakers.

Published Date: September 5, 2006


Flash Index of Illinois economy indicates growth, albeit at slower pace

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor, News Bureau

Published Date:August 1, 2006

The July University of Illinois Flash Economic Index remained virtually unchanged, rising to 106.1 from its 106.0 reading in June.

Published Date: August 1, 2006


Money spent on Web-site design an investment in winning buyers' trust

Author: Mark Reutter, Business & Law Editor

Published Date:August 1, 2006

With consumers growing wary of buying online, how can a company best win over customers and clinch sales on the Web?

Published Date: August 1, 2006


Flash Index of Illinois economy expanding, albeit at slower pace

Author: Mark Reutter, Business & Law Editor and J. Fred Giertz, Institute of Government and Public Affairs

Published Date:July 3, 2006

June was an uneventful month for the University of Illinois Flash Economic Index. The index retreated to 106.0 from its 106.2 level in May.

Published Date: July 3, 2006


Advertising and its methods put 'on trial' in the 1930s, author says

Author: Craig Chamberlain, News Editor

Published Date:June 26, 2006

In the current world of product placement, cross-promotion, pop-up ads, and ad-driven politics, it's hard to imagine there was ever a time when advertising as an institution was severely challenged.

Published Date: June 26, 2006


Post-employment costs will darken Illinois retiree system outlook

Author: Mark Reutter, Business & Law Editor

Published Date:June 5, 2006

New accounting rules requiring state governments to disclose health-care and other non-pension retiree costs will reveal more long-term revenue shortfalls in Illinois; retiree systems, a University of Illinois tax expert warns.

Published Date: June 5, 2006


Flash Index of Illinois economy rebounds, ending three-month slide

Author: Mark Reutter, Business & Law Editor and J. Fred Giertz, Institute of Government and Public Affairs

Published Date:June 1, 2006

The University of Illinois Flash Economic Index ended its three-month slide, increasing to 106.2 from its 105.1 level in April.

Published Date: June 1, 2006


U. of I. Economic Index indicates economy growing, but at slower pace

Author: Mark Reutter, Business & Law Editor and J. Fred Giertz, Institute of Government and Public Affairs

Published Date:May 1, 2006

The University of Illinois Flash Economic Index fell again last month to 105.1 from its 105.9 reading in March.

Published Date: May 1, 2006


Flash Index of Illinois economy falls for second straight month

Author: Mark Reutter, Business & Law Editor and J. Fred Giertz, Institute of Government and Public Affairs

Published Date:April 3, 2006

The University of Illinois Flash Economic Index fell in March to 105.9 from its 106.6 reading in February. The index has declined over the last two months from its eight-year high in January of 107.1.

Published Date: April 3, 2006


U. of I. economic index fell in February, but economy still growing

Author: J. Fred Giertz, Institute of Government and Public Affairs and Jeff Unger, News Bureau

Published Date:March 1, 2006

The U of I Flash Index fell in February to 106.6 from its 107.1 reading in January.

Published Date: March 1, 2006


U. of I. Flash Economic Index now at highest level in eight years

Author: J. Fred Giertz, Institute of Government and Public Affairs and Jeff Unger, News Bureau

Published Date:February 1, 2006

The University of Illinois Flash Index surged ahead in January, rising to 107.1 from its 106.6 reading in December.

Published Date: February 1, 2006


Flash Index of Illinois economy up slightly in December, latest data show

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor, News Bureau

Published Date:January 3, 2006

The University of Illinois Flash Economic Index rose slightly in December to 106.6 from its 106.4 level in November.

Published Date: January 3, 2006


Illinois economic index down slightly, but still expanding, expert says

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor, News Bureau

Published Date:December 1, 2005

The University of Illinois Flash Economic Index fell slightly in its rate of growth in November, to 106.4, from its 106.9 level in October.

Published Date: December 1, 2005


Flash Index of Illinois economy held steady in October, latest data show

Author: Mark Reutter, Business & Law Editor and J. Fred Giertz, Institute of Government and Public Affairs

Published Date:November 1, 2005

The University of Illinois Flash Economic Index remained at 106.9 last month, the same level as September.

Published Date: November 1, 2005


U. of I. Flash Index of economy bounces back to high point

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor, News Bureau

Published Date:October 3, 2005

The University of Illinois Flash Economic Index rebounded last month to 106.9 from its 106.5 level in August. The current reading coincides with the recent high for the Index achieved in July.

Published Date: October 3, 2005


Workplace arbitration becoming more costly for employers

Author: Mark Reutter, Business & Law Editor

Published Date:September 14, 2005

In the wake of a 1991 court decision, a growing number of companies require employees to submit workplace disputes to an arbitrator.

Published Date: September 14, 2005


Flash Index of Illinois economy climbing, U. of I. economist says

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor, News Bureau

Published Date:August 1, 2005

The University of Illinois Flash Economic Index continued its strong performance, rising to 106.9 in July from its 106.5 level in June.

Published Date: August 1, 2005


Program helps small businesses save energy and money

Author: Melissa Mitchell, News Editor

Published Date:July 6, 2005

Businesses in Illinois are now able to cash in on energy savings, thanks to a new technical-assistance program administered through the School of Architecture and the Office of Continuing Education at the University of Illinois at Urbana-Champaign.

Published Date: July 6, 2005


U. of I. Flash Index continues upward trend

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor, News Bureau

Published Date:July 1, 2005

The University of Illinois Flash Economic Index continued to climb last month, rising to 106.5 from its 105.9 level in May.

Published Date: July 1, 2005


College of Business scholarship program to benefit members of military

Author: Mark Reutter, Business & Law Editor

Published Date:May 23, 2005

The College of Business at the University of Illinois at Urbana-Champaign is establishing a $250,000 education scholarship fund for military veterans and active members of the military from Illinois.

Published Date: May 23, 2005


Flash Index of Illinois economy at highest reading in more than six years

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor, News Bureau

Published Date:May 2, 2005

The University of Illinois Flash Economic Index surged a full point last month to reach 105.2. This was the highest reading since August 1998 when the Flash Index stood at 105.3.

Published Date: May 2, 2005


Changes in management of finances needed to solve state pension crisis

Author: Mark Reutter, Business & Law Editor

Published Date:April 18, 2005

The pension crisis roiling Illinois, which has caused Gov. Rod Blagojevich to propose cutting billions of dollars of anticipated retirement benefits to future state employees, has been a long time coming.

Published Date: April 18, 2005


Flash Index of Illinois Economy rises to highest level in six years

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business & Law Editor

Published Date:April 1, 2005

The University of Illinois Flash Economic Index registered strong growth last month, increasing to 104.2 from its 103.4 level in February. This is the highest level recorded since March 1999, or six years ago, when the Index stood at 104.3.

Published Date: April 1, 2005


Flash Index of Illinois economy indicates moderate expansion taking place

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor, News Bureau

Published Date:March 2, 2005

The University of Illinois Flash Economic Index rose to 103.4 last month from its 103.1 reading in January. February's results continue to confirm that the Illinois economy is expanding at a moderate pace after a slow recovery from the 2001 recession.

Published Date: March 2, 2005


U. of I. Flash Index rose slightly in January, continuing upward trend

Author: J. Fred Giertz, Institute of Government and Public Affairs

Published Date:February 1, 2005

The University of Illinois Flash Economic Index continued its recent strong performance by rising slightly to 103.1 last month from 103.0 in December.

Published Date: February 1, 2005


U. of I. Flash Index ends year on upswing, caps strong year for state economy

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:January 3, 2005

The University of Illinois Flash Economic Index finished 2004 with a strong performance, rising to 103 from its 102.4 reading in November.

Published Date: January 3, 2005


Flash Index of Illinois Economy registers slight dip in November

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:December 1, 2004

The University of Illinois Flash Economic Index dropped slightly last month to 102.4 from its 102.6 reading in October.

Published Date: December 1, 2004


Rise in U. of I. Flash Index of Illinois Economy suggests stagnation at end

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:November 1, 2004

The University of Illinois Flash Economic Index rose last month to 102.6. The Index was at 102.2 in September.

Published Date: November 1, 2004


Anti-business movies reflect makers' dislike of bosses who control films

Author: Mark Reutter, Business & Law Editor

Published Date:October 20, 2004

Why do moviemakers seem to delight in raking big business over the coals, a law professor at the University of Illinois at Urbana-Champaign asks.

Published Date: October 20, 2004


Flash Index of Illinois economy rises to highest level in nearly four years

Author: J. Fred Giertz, Institute of Government and Public Affairs

Published Date:October 4, 2004

The University of Illinois Flash Economic Index continued its strong performance in September, rising to 102.2 compared with 100.5 in August. This is the highest level since October 2000, a period of almost four years.

Published Date: October 4, 2004


Flash Index of Illinois economy up sharply in August

Author: J. Fred Giertz, Institute of Government and Public Affairs

Published Date:September 1, 2004

The U of I Flash Index rebounded strongly in August, reaching 100.5. Last month's reading was 100.0. The current index level is the highest since April 2001.

Published Date: September 1, 2004


Flash Index's falter mirrors state, national economies

Author: Mark Reutter, Business & Law Editor and J. Fred Giertz, Institute of Government and Public Affairs

Published Date:August 2, 2004

After steady increases for much of the last year, the University of Illinois Flash Economic Index fell to 100.0 in July from a 100.3 level in June.

Published Date: August 2, 2004


Flash Index of Illinois economy may indicate stagnation, economist suggests

Author: J. Fred Giertz, Institute of Government and Public Affairs

Published Date:July 6, 2004

After a period of consistent increases, the University of Illinois Flash Index has stabilized at just above 100. The June reading for the index was 100.3, the same as both April and May.

Published Date: July 6, 2004


Flash Index of Illinois Economy remains steady

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:June 1, 2004

After breaking through the 100 barrier in April, the University of Illinois Flash Economic Index held constant at 100.3 in May. This ended a period of steady increases that began last September.

Published Date: June 1, 2004


Scholar questions sanctioning of gambling on U.S. military bases

Author: Mark Reutter, Business and Law Editor

Published Date:May 13, 2004

She served at the naval station at Keflavik, Iceland, and in the cold and darkness of the arctic winter fed quarter after quarter into slot machines on the U.S. military base. Some nights Senior Airman Lenyatta Tinnelle won. But over the course of a year she lost $28,000.

Published Date: May 13, 2004


Food displays, food colors affect how much people eat, researcher concludes

Author: Mark Reutter, Business & Law Editor

Published Date:May 10, 2004

Variety may be the spice of life - and a key contributor to an expanding waistline.

Published Date: May 10, 2004


Flash Index of Illinois Economy breaks 100 barrier for first time in three years

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business & Law Editor

Published Date:May 3, 2004

After three years, the University of Illinois Flash Economic Index has broken through the 100 level, the dividing line between a sluggish and vigorous economy.

Published Date: May 3, 2004


Flash Index of Illinois economy on upward trend

Author: Mark Reutter, Business & Law Editor

Published Date:April 1, 2004

The University of Illinois Flash Economic Index continued its steady climb of recent months, reaching 99.5 in March, up from 99.0 in February and 98.5 in January.

Published Date: April 1, 2004


Center to focus on entrepreneurial education as academic discipline

Author: Mark Reutter, Business & Law Editor

Published Date:March 4, 2004

Developing entrepreneurial education as an academic discipline is the goal of a center being established by the University of Illinois at Urbana-Champaign.

Published Date: March 4, 2004


Flash Index indicates Illinois economy continues steady growth

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:March 1, 2004

The University of Illinois Flash Economic Index increased half a point to 99.0 in February, within striking distance of the 100 level that indicates economic growth.

Published Date: March 1, 2004


Flash Index of Illinois economy on the upswing

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:February 2, 2004

The University of Illinois Flash Economic Index continued its recent climb in the first month of 2004, rising to 98.5 in January, up from 98.0 in December.

Published Date: February 2, 2004


Illinois Flash Economic Index at highest level in two years

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:January 5, 2004

The University of Illinois Flash Economic Index continued its rebound in December, rising to 98.0, up from 97.3 in November and 96.8 in October.

Published Date: January 5, 2004


Researchers discover fairy tale aspects of Christmas consumerism

Author: Andrea Lynn, Humanities Editor

Published Date:December 11, 2003

Once upon a time in the land of rigorous longitudinal studies, researchers discovered something - well, magical - about American consumption rituals, particularly the Big One that occurs around the winter solstice.

Published Date: December 11, 2003


Flash Index indicates Illinois economy gaining steam

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter , Business Editor

Published Date:December 2, 2003

The University of Illinois Flash Economic Index extended its gains last month, rising to 97.3 in November from 96.8 in October. The November reading was the highest since December 2001.

Published Date: December 2, 2003


Clothing industry led the way in seeing kids as consumers, scholar says

Author: Craig Chamberlain, News Editor

Published Date:November 25, 2003

"It takes a village to raise a child" may be a popular ideal. "It takes a marketplace to raise a child" may be closer to today's reality, says Dan Cook, the author of an upcoming book on the history of the clothing industry and the rise of the "child consumer."

Published Date: November 25, 2003


UI Flash Economic Index rebounds

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:November 3, 2003

The University of Illinois Flash Economic Index rebounded in October to 96.8 from its 96.2 level in September.

Published Date: November 3, 2003


Conflicts of interest among Wall Street stock gurus under scrutiny

Author: Mark Reutter, Business & Law Editor

Published Date:October 29, 2003

Did the seemingly investor-friendly decision to deregulate brokerage commissions lead to conflicts of interest among Wall Street analysts that, in turn, helped ruin investors caught in the technology-bubble stock market of 2000-2001?

Published Date: October 29, 2003


Shape of beverage glass influences how much people pour ��� and drink

Author: Mark Reutter, Business Editor

Published Date:October 21, 2003

Your eyes play tricks. And your brain makes it worse.

Published Date: October 21, 2003


Flash Index of Illinois economy down in September

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:October 1, 2003

In a surprising development, the University of Illinois Flash Economic Index dropped in September, indicating no apparent pickup in the Illinois economy.

Published Date: October 1, 2003


Economist examines hurdles to privatization of urban mass transit

Author: Mark Reutter, Business and Law Editor

Published Date:September 1, 2003

Free-market principles have swept through almost every form of U.S. transportation except urban mass transit, which raises the question of why privatization has not taken root there, according to a transportation expert at the University of Illinois at Urbana-Champaign.

Published Date: September 1, 2003


Putting outsiders on corporate boards not necessarily beneficial

Author: Mark Reutter, Business Editor

Published Date:September 1, 2003

With executive self-dealing and accounting scandals rocking the corporate world, the push is on to make boards of directors more independent. No less than the New York Stock Exchange has drawn up principles of corporate governance calling on boards to have a majority of "outside" directors without ties to management.

Published Date: September 1, 2003


Study of Illinois county indicates deceptive home-loan practices

Author: Melissa Mitchell, News Editor

Published Date:September 1, 2003

Since the early 1990s, an increasing number of Americans have bought into the American dream of home ownership. But the price can be steep, especially for minority and low-income homebuyers with poor credit histories, according to a University of Illinois at Urbana-Champaign housing expert and author of a report that examines predatory lending practices in one Illinois county.

Published Date: September 1, 2003


Lavish weddings on the rise at home and abroad, authors say

Author: Andrea Lynn, Humanities & Social Sciences Editor

Published Date:September 1, 2003

In case you hadn't noticed, the modern wedding, like some big Hollywood production, is in morph mode. Over the past few decades, it has undergone major changes - from a modest family-bonding ritual to a lavish, sometimes obscenely luxurious, consumer event, and become "the most significant ritual in consumption-oriented cultures." So claim Cele Otnes and Elizabeth Pleck in their new book, "Cinderella Dreams: The Allure of the Lavish Wedding" (University of California Press). Otnes is a professor of business administration at the University of Illinois at Urbana-Champaign. Pleck is a professor of history and of human development and family studies at Illinois.

Published Date: September 1, 2003


Illinois flash index of economy remains unchanged from last month

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:August 4, 2003

The University of Illinois Flash Economic Index stood unchanged at 96.7 last month from its June level.

Published Date: August 4, 2003


June flash index indicates state may be climbing out of economic slump

Published Date:July 3, 2003

.

Published Date: July 3, 2003


Flash Economic Index holds steady for third straight month

Author: J. Fred Giertz, Institute of Government and Public Affairs and NEWS INDEX 2002 2003 September

Published Date:July 1, 2003

The University of Illinois Flash Economic Index remained at 96.7 in August for the third straight month.

Published Date: July 1, 2003


Illinois flash index of economy highest since February 2002

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:June 2, 2003

The University of Illinois Flash Economic Index increased in May to 96.8, up from its 96.0 level in April and the highest reading of state economic activity since February 2002.

Published Date: June 2, 2003


Recriminalize or limit legalized gaming, expert says

Author: Mark Reutter, Business Editor

Published Date:June 1, 2003

The gambling habit of William J. Bennett, "drug czar" under the first President Bush, has brought to the fore the issue of how legalized gambling has encouraged addictive and problem gambling in the United States, according to an expert at the University of Illinois at Urbana-Champaign.

Published Date: June 1, 2003


Corporate speech should not be governed by First Amendment

Author: Mark Reutter, Business Editor

Published Date:May 1, 2003

A law professor at the University of Illinois at Urbana-Champaign has called upon the U.S. Supreme Court to hold corporations accountable for statements they make about their environmental and labor practices.

Published Date: May 1, 2003


Government sponsorship removes social stigma from gaming

Author: Mark Reutter, Business Editor

Published Date:May 1, 2003

Legalized gambling has become the biggest pastime in America. Americans spend more money on various wagers than they do on movie tickets, spectator sports, theme parks and video games combined.

Published Date: May 1, 2003


Illinois flash index rises slightly

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:May 1, 2003

The Flash Index of Economic Growth, produced by economists at the University of Illinois, is based on the most up-to-date information on the Illinois economy.

Published Date: May 1, 2003


Illinois Flash Economic Index increased marginally in March

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business and Law Editor

Published Date:April 1, 2003

The University of Illinois Flash Economic Index increased marginally in March to 95.8 from 95.6 in February.

Published Date: April 1, 2003


Spread of U.S.-style casinos undermines global stability

Author: Mark Reutter, Business Editor

Published Date:April 1, 2003

From its base in America, the gambling industry is exporting technology and know-how to often fragile political systems in Asia and the Middle East, causing conditions that could threaten both U.S. and world security, a professor at the University of Illinois at Urbana-Champaign argues in a law journal article.

Published Date: April 1, 2003


February continues yearlong stagnation of Illinois economy

Author: Mark Reutter, Business and Law Editor

Published Date:March 3, 2003

February marked another month with no significant change from the yearlong period of stagnation that has beset the Illinois economy.

Published Date: March 3, 2003


Worker's investments can lead to company stock overexposure

Author: Mark Reutter, Business Editor

Published Date:March 1, 2003

Without government regulations, employees will likely continue to load up on company stock in retirement accounts, leaving them potentially exposed to heavy losses if the company unravels, a study by a researcher at the University of Illinois at Urbana-Champaign suggests.

Published Date: March 1, 2003


Illinois Flash Index up slightly in January

Author: Mark Reutter, Business Editor

Published Date:February 3, 2003

The Illinois economy began the first month of 2003 with a slight uptick in activity.

Published Date: February 3, 2003


Abstract - now on the Web - covers all things Illinois

Author: Mark Reutter, Business Editor

Published Date:February 1, 2003

A valued source of facts and figures about the state has become easier to use: The Illinois Statistical Abstract is now on the Web.

Published Date: February 1, 2003


Illinois financial picture to stay bleak, economist predicts

Author: Mark Reutter, Business Editor

Published Date:February 1, 2003

Faced with a budget deficit of $2.5 billion and climbing in the coming fiscal year, Illinois Gov. Rod Blagojevich has three options, according to a University of Illinois expert: He can break his campaign promise and raise income taxes, make steep cuts in government spending or "muddle through" with stop-gap measures.

Published Date: February 1, 2003


Illinois financial picture to stay bleak, economist predicts

Author: Mark Reutter, Business Editor

Published Date:February 1, 2003

Faced with a budget deficit of $2.5 billion and climbing in the coming fiscal year, Illinois Gov. Rod Blagojevich has three options, according to a University of Illinois expert: He can break his campaign promise and raise income taxes, make steep cuts in government spending or "muddle through" with stop-gap measures.

Published Date: February 1, 2003


Illinois fiscal picture turned cloudy well before attacks of Sept. 11

Author: Mark Reutter, Business Editor

Published Date:February 1, 2003

Don't blame the terrorists.

Published Date: February 1, 2003


Multiple taxing of income and wages unfair, expert says

Author: Mark Reutter, Business Editor

Published Date:February 1, 2003

If double taxation is wrong, as President Bush said in proposing to end the shareholder tax on corporate dividends, then the multiple taxation of individual wages and salaries should also be outlawed, an expert at the University of Illinois at Urbana-Champaign says.

Published Date: February 1, 2003


New Statistical Abstract covers all things Illinois - and then some

Author: Mark Reutter, Business Editor

Published Date:February 1, 2003

The 2001 Illinois Statistical Abstract, featuring the most complete economic and demographic data on the state, has been completed by the Bureau of Economic and Business Research at the University of Illinois.

Published Date: February 1, 2003


Flash Index indicates Illinois economy stuck in neutral

Author: Mark Reutter , Business Editor

Published Date:January 2, 2003

The Illinois economy ended 2002 the same way it began - flat. The University of Illinois Flash Economic Index was 95.4 in December, marginally above its November reading of 95.3 and marginally below its October reading of 95.6.

Published Date: January 2, 2003


Flash Index indicates Illinois economy continues to stall

Author: Mark Reutter , Business Editor

Published Date:December 3, 2002

The Illinois economy continues to be stalled.

Published Date: December 3, 2002


'Tis the season - always - for children in the marketplace

Author: Craig Chamberlain, Education Editor

Published Date:December 1, 2002

Christmas is high season for the child-consumer.

Published Date: December 1, 2002


Flash Economic Index rose slightly in October

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:November 4, 2002

The University of Illinois Flash Economic Index rose slightly in October to 95.6 from the 95.4 level recorded for the previous three months (July 1 through Sept. 30).

Published Date: November 4, 2002


Taft-Hartley Act often fails to resolve disputes, labor-law expert says

Author: Mark Reutter, Business Editor

Published Date:November 1, 2002

If you think the port dispute that snarled shipping at 29 ports on the West Coast last month is over, think again.

Published Date: November 1, 2002


Monthly economic index suggests static state economy

Author: Mark Reutter , News Editor

Published Date:October 1, 2002

The University of Illinois Flash Economic Index remained at 95.4 in September for the third straight month. This suggests that the Illinois economy continues to be in a no-growth situation, much like the national economy.

Published Date: October 1, 2002


Mayor Daley's opposition to business property-tax cuts could hurt city

Author: Mark Reutter, Business Editor

Published Date:October 1, 2002

Beware of the boomerang effect. Chicago Mayor Richard Daley's new-found zeal to challenge commercial property owners who win reductions in property-tax assessments could come back and harm the city with less business investment in the future, a tax expert at the University of Illinois at Urbana-Champaign says.

Published Date: October 1, 2002


August flash index of economic growth holds steady at July reading

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter

Published Date:September 3, 2002

The University of Illinois Flash Index remained flat for the month of August with the same 95.4 reading of July.

Published Date: September 3, 2002


Consumers clueless about how credit-card payments are calculated

Author: Mark Reutter, Business Editor

Published Date:September 1, 2002

"WARNING: This credit card may be detrimental to your financial health." While such a label sounds farfetched today, a movement to force credit-card companies to inform consumers of the high costs of using plastic is growing, according to Charles Tabb, a law professor at the University of Illinois at Urbana-Champaign.

Published Date: September 1, 2002


Lawyer's campaign pays off in new rules to fight corporate misdeeds

Author: Mark Reutter, Business Editor

Published Date:September 1, 2002

A six-year campaign by a law professor at the University of Illinois at Urbana-Champaign to hold lawyers accountable for preventing executive wrongdoing has ended in tough new federal requirements.

Published Date: September 1, 2002


Hiking ticket prices to ease congestion feasible at some airports

Author: Mark Reutter, Business Editor

Published Date:September 1, 2002

Proposals to unclog the nation's airports by imposing "congestion pricing" on flights during peak hours may work - so long as they are implemented with care and flexibility, according to a University of Illinois economist.

Published Date: September 1, 2002


UI Flash Economic Index continues rise begun last month

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:August 2, 2002

The University of Illinois Flash Economic Index rose last month to 95.4 from its 95.0 level in June.

Published Date: August 2, 2002


Competition key to China's progress, Russia's stagnation, scholar says

Author: Mark Reutter, Business Editor

Published Date:August 1, 2002

While Russia struggles with ebbing production and growing poverty, China, with a less educated workforce and more primitive technology, surges forward. What accounts for these surprising results?

Published Date: August 1, 2002


Failure to curb school sports betting spells trouble for youth, expert says

Author: Mark Reutter, Business Editor

Published Date:July 1, 2002

With efforts to curb college sports gambling blocked by congressional opponents, a generation of teenagers and young people may be entering the workforce with gambling debts and addictions, an expert at the University of Illinois at Urbana-Champaign asserts in a scholarly article.

Published Date: July 1, 2002


UI Flash Index rises slightly; slowdown is moderating, economist says

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:July 1, 2002

The University of Illinois Flash Economic Index rose last month to 95.0 from its 94.2 level in May.

Published Date: July 1, 2002


Creatively named menu items sell better, researchers show

Author: Mark Reutter, Business Editor

Published Date:July 1, 2002

Mark Twain warned against overwrought descriptions, but then again Twain wasn't in the business of selling food.

Published Date: July 1, 2002


UI Flash Index marks 13th straight month of negative growth

Author: Mark Reutter, Business Editor

Published Date:June 3, 2002

The University of Illinois Flash Index dropped to 94.2 in May from its 95.0 level in April. This is the 13th straight month of negative growth for the state economy and lowest monthly Flash reading in more than 10 years.

Published Date: June 3, 2002


Course in Europe immerses students in global market issues

Author: Andrea Lynn, Humanities Editor

Published Date:June 1, 2002

For Americans with no direct interest in the agriculture or food industries, the effects of foot-and-mouth disease and genetically modified organisms (GMOs) on European food markets may be little more than the stuff of news headlines. But for students hoping to pursue careers in international agribusiness, these are issues of great import.

Published Date: June 1, 2002


Illinois should enact short-term tax hike to address budget deficit

Author: Mark Reutter, Business Editor

Published Date:June 1, 2002

With Illinois facing a growing budget deficit, the governor and legislature should bite the bullet and agree to a temporary income-tax hike until the crisis passes, a scholar says.

Published Date: June 1, 2002


Rising gasoline prices likely to adversely affect other economic sectors

Author: Andrea Lynn, Humanities Editor

Published Date:June 1, 2002

The money that drivers in the Chicago area are paying for higher gasoline prices not only is leaving their wallets at an accelerated pace, it's leaving the region, too, according to a new economic analysis. If unchecked, the prices could siphon $1.2 billion from the economy - that's $11.26 a week out of every household wallet.

Published Date: June 1, 2002


Change in auditing firms?????? duties gave rise to conflicts of interest

Author: Mark Reutter, Business Editor

Published Date:May 1, 2002

Until the 1970s, the accounting profession stayed close to its green eyeshades origins, conducting annual audits of public companies in fulfillment of Depression-era legislation requiring an independent verification of corporate financial statements.

Published Date: May 1, 2002


Flash Index sinks to lowest level in decade

Author: Mark Reutter, News Bureau

Published Date:May 1, 2002

The University of Illinois Flash Index dropped again in April to 95.0 from its 96.3 level in March. This is the lowest reading of the Index since February 1992.

Published Date: May 1, 2002


Ilinois flash economic index indicates state still in slump

Author: Mark Reutter, Business Editor

Published Date:April 1, 2002

The University of Illinois Flash Economic Index fell in March to 96.3, its lowest reading in nearly 10 years.

Published Date: April 1, 2002


Merits of alternative dispute resolution debated by courts

Author: Mark Reutter, Business Editor

Published Date:April 1, 2002

Alternative dispute resolution has become one of the most controversial areas of employment law.

Published Date: April 1, 2002


Students, experts join to solve real product-design challenges

Author: Melissa Mitchell, Arts Editor

Published Date:April 1, 2002

What do you get when you put industrial designers, graphic designers, business and marketing specialists in the same room with, say, an anthropologist or a statistician?

Published Date: April 1, 2002


Law professor warned of accounting profession's ethical conflicts

Author: Mark Reutter, Business Editor

Published Date:April 1, 2002

Published 15 years ago, the words sound prescient today: "Conflicts in the critical area of auditor independence must be resolved before significant credibility can be restored to the profession."

Published Date: April 1, 2002


UI Flash Index of Economic Growth remains constant

Published Date:March 4, 2002

The University of Illinois Flash Index of Economic Growth remained constant in February at 97.0.

Published Date: March 4, 2002


Decline of union membership and power has led to rise in lawsuits

Author: Mark Reutter, Business Editor

Published Date:March 1, 2002

Will Brooks Brothers suits and hushed courtroom hearings replace the traditional bargaining table and raucous picket line?

Published Date: March 1, 2002


Flash Economic Index shows recession continues in Illinois

Author: Mark Reutter, Business Editor

Published Date:February 1, 2002

In the first month of 2002, the University of Illinois Flash Economic Index fell to 97.1 from its 97.8 level in December. Despite isolated signs of recovery, the recession continues in Illinois.

Published Date: February 1, 2002


Land reform limited success as agent of economic and social change

Author: Mark Reutter, Business Editor

Published Date:February 1, 2002

One of the most hotly debated topics over the years has been land reform.

Published Date: February 1, 2002


To beat earnings expectations, first you have to lower them

Author: Mark Reutter, Business Editor

Published Date:February 1, 2002

You needn't cook the books to make yourself look good on Wall Street. A safer approach is to talk down your company's fortunes to analysts before springing a "better-than-expected" earnings announcement for the quarter.

Published Date: February 1, 2002


Customers' choices based on expectation of future use, not on satisfaction

Author: Mark Reutter, Business Editor

Published Date:February 1, 2002

Make your customers happy and they'll come back for more. That line of thinking has dominated American business marketing for decades.

Published Date: February 1, 2002


Implications of monitoring employee behavior need to be reviewed

Author: Mark Reutter, Business Editor

Published Date:February 1, 2002

Private electronic monitoring of employee behavior grows apace even as questions over the government's right to track intimate data on citizens have grown more heated among some lawmakers and civil libertarians.

Published Date: February 1, 2002


UI Flash Economic Index ended the year on a down note

Author: Mark Reutter, Business Editor

Published Date:January 3, 2002

The Illinois economy ended the year on a down note as the University of Illinois Economic Index fell to 97.8 in December from its 98.0 reading in November. Like the national economy, the state remains in a recession.

Published Date: January 3, 2002


The UI Flash Economic Index fell slightly in November

Author: Mark Reutter, News Bureau

Published Date:December 4, 2001

The University of Illinois Flash Economic Index fell slightly in November to 98.0 from its October level of 98.4. This reflects continued sluggish economic conditions in Illinois.

Published Date: December 4, 2001


Gambling's bad effects may make it, like tobacco, subject to lawsuits

Author: Mark Reutter, Business Editor

Published Date:December 1, 2001

Questions about the alleged harmful effects of gambling may move from the newspaper opinion page to the courtroom, according to a University of Illinois expert.

Published Date: December 1, 2001


'Inflationary inertia' key to Turkey's chronioc economic problems

Author: Mark Reutter, Business Editor

Published Date:December 1, 2001

For 20 years Turkey has suffered from chronic inflation. There have been repeated financial crises, devaluations of the Turkish lira and a near meltdown of the banking sector last winter that was averted only by $7 billion in emergency loans from the International Monetary Fund.

Published Date: December 1, 2001


Scholar: Longstanding political conflict threatens Argentine economy

Author: Mark Reutter, Business Editor

Published Date:December 1, 2001

Undergirding Argentina's economic crisis, which threatens to plunge the country into devaluation or default, is a political conflict that makes reaching a national consensus difficult, a University of Illinois economist says.

Published Date: December 1, 2001


Affordable housing market shrinking for women in Third World

Author: Melissa Mitchell, News Editor

Published Date:November 1, 2001

Unless more is done to increase access to home ownership among women in Third World countries, the end result will be the "feminization of homelessness," says Faranak Miraftab, a University of Illinois professor of urban and regional planning.

Published Date: November 1, 2001


Fluids, electrolytes key to good health for firefighters

Author: Melissa Mitchell, News Editor

Published Date:November 1, 2001

Since the Sept. 11 attack on the World Trade Center, images of exhausted firefighters have been imprinted on the national psyche, increasing public awareness of the arduous nature of rescue workers' jobs.

Published Date: November 1, 2001


UI Flash Economic Index surprisingly rose last month

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:November 1, 2001

Surprisingly, the University of Illinois Flash Economic Index rose slightly in October to 98.4 from 98.2 in September. (See chart below.)

Published Date: November 1, 2001


Casino's costs far outweigh their economic benefits, economist says

Author: Mark Reutter, Business Editor

Published Date:October 1, 2001

Although promoted as an economic development tool, casino gambling is a losing hand when subjected to rigorous cost-benefit analysis, a University of Illinois economist concludes.

Published Date: October 1, 2001


UI Flash Index up slightly

Author: Mark Reutter, Business Editor

Published Date:October 1, 2001

Despite the devastating impact of the terrorist attacks, the University of Illinois Flash Economic Index rose slightly last month to 98.2 from 98.0 in August.

Published Date: October 1, 2001


Workers from dozens of unions play key role in NYC attack aftermath

Author: Mark Reutter, Business Editor

Published Date:October 1, 2001

Let us now praise the men and women who punch a time clock and go to work in work clothes and helped bind the wounds of New York City after the attack on the World Trade Center, says University of Illinois labor scholar Ron Peters.

Published Date: October 1, 2001


UI Flash Economic Index continues its decline

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:September 4, 2001

The University of Illinois Flash Economic Index continued its decline, falling to 98.0 in August from its 98.3 level in July.

Published Date: September 4, 2001


Discrimination not uncommon in years following ADA passage

Author: Craig Chamberlain, Education Editor

Published Date:September 1, 2001

Ending workplace discrimination against people with disabilities was a key aim of the Americans with Disabilities Act passed in 1990.

Published Date: September 1, 2001


Fathers in India more socially connected to family than U.S. dads

Author: Jim Barlow, Life Sciences Editor

Published Date:September 1, 2001

Emotional baggage from a day's work may arrive home with dad, but it gives way to relaxation with family, including regular, lengthy close-knit discussions with the kids.

Published Date: September 1, 2001


Racial, gender inequities documented in architectural profession

Author: Melissa Mitchell, Arts Editor

Published Date:September 1, 2001

In some ways, the architectural profession is a lot like a ham sandwich - without the hot, spicy mustard - according to University of Illinois architecture professor Kathryn Anthony.

Published Date: September 1, 2001


UI Flash Economic Index fell slightly in last month in a continued no-growth pattern

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:August 1, 2001

The University of Illinois Flash Economic Index fell slightly in July to 98.3 from its 98.4 reading in June, indicating a continuation in Illinois of a no-growth situation.

Published Date: August 1, 2001


Study rebuts concept that analysts can forecast future earnings growth

Author: Mark Reutter, Business Editor

Published Date:August 1, 2001

Wall Street analysts get a lot of attention by picking out winner and loser business sectors and making forecasts of often dazzling earnings growth for companies in favored sectors such as telecommunications, information technology (IT) and pharmaceuticals. Can such forecasts be trusted by investors? If the past is any guide, no.

Published Date: August 1, 2001


UI Flash Economic Index records continued sluggishness

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:July 2, 2001

The Illinois economy continued it sluggish performance in June. The University of Illinois Flash Index again was below the 100 mark, indicating that the Illinois economy is stagnant.

Published Date: July 2, 2001


Hold onto your carts, ladies: Men are found to be savvy shoppers

Author: Andrea Lynn, Humanities Editor

Published Date:July 1, 2001

As shoppers, men are hopeless, right? They can't find their way out of a shopping bag or seize on a sale if they stumble into it. Guys simply have none of the evolved shopping skills of the "fairer" sex.

Published Date: July 1, 2001


Study compares employee bonus systems in China and United States

Author: Mark Reutter, Business Editor

Published Date:June 1, 2001

A stereotype about Chinese is that they prize group harmony and cooperation; a stereotype about Americans is that they have sharp elbows and always put the individual first.

Published Date: June 1, 2001


UI Flash Economic Index steeply declines in May

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:June 1, 2001

After rebounding in April, the University of Illinois Flash Index experienced a steep decline in May and was again below the 100 mark, indicating that the Illinois economy is essentially stagnant, if not shrinking.

Published Date: June 1, 2001


Performance-based pay linked to less worker output

Author: Mark Reutter, Business Editor

Published Date:May 1, 2001

Over the last two decades, American companies have implemented many new organizational practices on the shop floor, ranging from performance-based pay to the use of employee teams.

Published Date: May 1, 2001


UI Flash Economic Index rebounds in April

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:May 1, 2001

After a month below the 100 mark, the University of Illinois Flash Economic Index rebounded in April, indicating positive growth for the Illinois economy.

Published Date: May 1, 2001


Bush's activist role in labor issues a contrast from earlier GOP leaders

Author: Mark Reutter, Business and Law Editor

Published Date:May 1, 2001

As he ends his first 100 days in office, President George W. Bush has proven surprisingly interventionist in domestic matters - especially in labor-related issues that Republican presidents typically have steered away from.

Published Date: May 1, 2001


UI Flash Economic Index falls below 100

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:April 2, 2001

After six months of steady decline, the University of Illinois Flash Economic Index has fallen below the 100 mark, the dividing line between growth and contraction of the state economy. This is the first time since November 1992 that the Index has been below 100.

Published Date: April 2, 2001


Shoppers who can't read make unwise buying decisions

Author: Mark Reutter, Business Editor

Published Date:April 1, 2001

They are one of the largest groups of American consumers, yet research on them is "almost non-existent," says a University of Illinois business professor. They are adults who can't read or do math.

Published Date: April 1, 2001


UI Flash Economic Index hits lowest level since 1992

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:March 1, 2001

The University of Illinois Flash Economic Index has hit its lowest level since 1992, giving fresh evidence that the state economy has virtually stopped growing.

Published Date: March 1, 2001


Company-run chain restaurants more consistent than franchises

Author: Mark Reutter, Business Editor

Published Date:March 1, 2001

As anyone who travels the Interstate knows, consistency is the selling point of a chain restaurant. Whether you're parked between the tumbleweeds at a windswept Wyoming exit or crammed into a shopping mall in New Jersey, a brand-name restaurant is supposed to deliver the same quality of food and service.

Published Date: March 1, 2001


Foreign aid an impetus for private investment, economist says

Author: Mark Reutter, Business Editor

Published Date:March 1, 2001

Does old-fashioned foreign aid still have a place in today's rapidly globalizing marketplace?

Published Date: March 1, 2001


UI Flash Economic Index continues its descent

Author: Mark Reutter, Business Editor

Published Date:February 2, 2001

The University of Illinois Flash Economic Index dropped again in January to 101.3 from its 101.8 reading in December.

Published Date: February 2, 2001


UI Flash Economic Index indicates a continued slowdown

Author: Mark Reutter, Business Editor

Published Date:January 3, 2001

A continued slow down -- but not precipitous decline -- in the state economy was indicated by the December University of Illinois Flash Economic Index.

Published Date: January 3, 2001


New taxes not on Illinois horizon, despite 'tighter fiscal position'

Author: Mark Reutter, Business Editor

Published Date:January 1, 2001

Despite signs of a national slowdown, the state of Illinois will have enough tax revenues this year to support its current budget without major tax increases or spending cuts.

Published Date: January 1, 2001


Companites manage earnings forecasts so actual earnings look better

Author: Mark Reutter, Business Editor

Published Date:December 1, 2000

With the name of the game being not to fall below Wall Street's expectations, executives of public companies pay increasingly close attention to "managing" the forecasts of analysts. How does "earnings management" work, and does it bias the way that analysts estimate the prospective earnings of a company?

Published Date: December 1, 2000


Flash Index of Economic Growth continues gradual slowing

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:December 1, 2000

The University of Illinois Flash Economic Index dropped again in November, giving fresh evidence that the Illinois economy is slowing.

Published Date: December 1, 2000


Flash Index of Economic Growth indicates gradual slowing

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:November 2, 2000

Published Date: November 2, 2000


Filing taxes easier than ever, but tax planning has become too complex

Author: Mark Reutter, Business Editor

Published Date:November 1, 2000

One of the most persistent themes in the debate over federal taxes is that the U.S. tax code is too complex and should be simplified.

Published Date: November 1, 2000


Illinois economy expands sharply in September

Author: J. Fred Giertz, Institute of Government and Public Affairs

Published Date:October 3, 2000

Despite all the talk of a slowdown, the Illinois economy expanded sharply in September, registering the highest single-month gain in almost two years, according to the University of Illinois Flash Economic Index.

Published Date: October 3, 2000


Prospects brightening for unions seeking to organize high-tech workers

Author: Mark Reutter, Business Editor

Published Date:October 1, 2000

Were reports of the death of organized labor in the wireless world greatly exaggerated?

Published Date: October 1, 2000


'Modest slowdown' revealed in latest Flash Economic Index

Author: Mark Reutter, Business Editor and J. Fred Giertz, Institute of Government and Public Affairs

Published Date:September 5, 2000

The growth rate of the University of Illinois Flash Economic Index dropped slightly last month, giving further evidence of a modest slowdown in the Illinois economy, possibly the long awaited "soft landing."

Published Date: September 5, 2000


Taft-Hartley strike-breaking power a political anachronism

Author: Mark Reutter, Business Editor

Published Date:September 1, 2000

Leveling the playing field between unions and management means limiting the role a U.S. president can play in "breaking" a strike through the power of the Taft-Hartley Act, according to two University of Illinois labor professors.

Published Date: September 1, 2000


Airline alliances lead to lower fares for passengers going abroad

Author: Mark Reutter, Business Editor

Published Date:August 1, 2000

The trend toward global alliances among airlines has led to lower ticket fares for passengers traveling abroad, according to a study by a University of Illinois economist.

Published Date: August 1, 2000


Illinois Flash Economic Index declines slightly last month

Author: Mark Reutter, Business Editor

Published Date:August 1, 2000

The University of Illinois Flash Economic Index declined slightly for the month of July to 102.6 from its 102.8 level in June.

Published Date: August 1, 2000


Top male, female pay in like jobs comparable, but few women run

Author: Mark Reutter, Business Editor

Published Date:August 1, 2000

The first systematic study of male and female pay at the uppermost levels of corporate America lends evidence to both sides of the hotly debated question of whether women are paid less than men.

Published Date: August 1, 2000


Flash Economic Index fell in June, raising issue of whether state economy is slowing

Author: Mark Reutter, Business Editor

Published Date:July 3, 2000

The University of Illinois Flash Economic Index fell to 102.8 in June, raising the question of whether the state economy is slowing.

Published Date: July 3, 2000


Building Peotone Airport would benefit travelers and economy

Author: Mark Reutter, Business Editor

Published Date:July 1, 2000

Building a new airport at Peotone, rather than expanding O'Hare Airport, could save travelers $500 million a year and spur economic development in the state, a University of Illinois economist says.

Published Date: July 1, 2000


Building Peotone Airport would benefit travelers and economy

Author: Mark Reutter, Business Editor

Published Date:July 1, 2000

Building a new airport at Peotone, rather than expanding O'Hare Airport, could save travelers $500 million a year and spur economic development in the state, a University of Illinois economist says.

Published Date: July 1, 2000


Illinois Flash Economic Index Remained Constant at 103.2

Author: Mark Reutter, Business Editor

Published Date:June 5, 2000

The University of Illinois Flash Economic Index showed no sign of a letdown in the month of May.

Published Date: June 5, 2000


'Technological competition' causes U.S. multinationals to pay more

Author: Mark Reutter, Business Editor

Published Date:June 1, 2000

Why do U.S. multinational companies pay higher wages than domestic firms in less developed countries?

Published Date: June 1, 2000


Passage of 'rainy day' fund cited as vitally important by fiscal expert

Author: Mark Reutter, Business Editor

Published Date:June 1, 2000

The establishment of a "rainy day" fund by the Illinois Legislature for the next state budget is a valuable first step that will need fine-tuning in the future, according to a leading state fiscal expert.

Published Date: June 1, 2000


Productivity, not profits, rises with increasing use of part-timers

Author: Mark Reutter, Business Editor

Published Date:June 1, 2000

The use of "contingent" workers in the United States has increased labor productivity but not necessarily employer profits, according to a wide-ranging study by scholars at the University of Illinois and other institutions.

Published Date: June 1, 2000


Flash Economic Index registers highest monthly level in a year

Author: Mark Reutter, Business & Law Editor and J. Fred Giertz, Institute of Government and Public Affairs

Published Date:May 2, 2000

Continuing its slow rise since the last quarter of 1999, the University of Illinois Flash Economic Index registered its highest monthly level in a year.

Published Date: May 2, 2000


At least 16 states' pension funds well below 'optimal values,' scholar says

Author: Mark Reutter, Business Editor

Published Date:May 1, 2000

Over the next few decades, millions of state and local government workers will find out how well their pension plans are funded. Some may be in for a shock.

Published Date: May 1, 2000


UI Flash Economic Index jumped to its highest level since August

Author: Mark Reutter, Business Editor

Published Date:April 3, 2000

The University of Illinois Flash Economic Index jumped last month to its highest level since August.

Published Date: April 3, 2000


UI Flash Index of economic growth rose modestly in February

Author: Mark Reutter, Business Editor and J. Fred Giertz, Institute of Government and Public Affairs

Published Date:March 2, 2000

The University of Illinois Flash Economic Index rose modestly to 102.5 in February, suggesting continued steady growth for the state's economy.

Published Date: March 2, 2000


IRA changes that let people withdraw early jeopardize their future

Author: Mark Reutter, Business Editor

Published Date:March 1, 2000

Twenty-five years ago, Congress created the IRA (Individual Retirement Account) to encourage Americans to set aside a portion of their yearly income in a special tax-deferred account for retirement.

Published Date: March 1, 2000


Longer hours don't necessarily increase likelihood of divorce

Author: Mark Reutter, Business Editor

Published Date:March 1, 2000

Does working long hours contribute to divorce?

Published Date: March 1, 2000


Flash Economic Index for January rose slightly

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:February 2, 2000

The University of Illinois Flash Economic Index rose slightly to 102.2 in January from its 102.1 level in December.

Published Date: February 2, 2000


Revenues expected to help keep Illinois economy in the black

Author: Mark Reutter, Business Editor

Published Date:February 1, 2000

Buoyed by a stable economy and increased receipts from tobacco, liquor and gambling, the state of Illinois will enjoy another year of fiscal plentitude.

Published Date: February 1, 2000


Illinois Flash Economic Index fell last month, ends '99 at 103.1 average

Author: J. Fred Giertz, Institute of Government and Public Affairs and Mark Reutter, Business Editor

Published Date:January 5, 2000

Despite general reports of strength in the national economy, the Flash Economic Index for Illinois fell to 102.1 last month from 102.7 in November.

Published Date: January 5, 2000