Tag: Business: Page 3

Home

Experts See Colleges of Future Run as ‘Benefit Corporations’

Administrators say colleges structured as benefit corporations would not be in business solely for profit and would have the latitude to be more mission driven.

October 4, 2016

Students

Mississippi’s LGBT Community, Objectors Locked in Rights Struggle

Mississippi laws targeting the LGBT community in the name of religious liberty.

October 4, 2016

African-American

Report Finds Black-White Wage Gap Worst Since 1979

The wage gap between Black and White workers is the worst it has been since 1979, according to a recent report from the Economic Policy Institute (EPI).

September 27, 2016

Faculty & Staff

Audit: Iowa State University Tax Expert Used School for Personal Gain

AMES, Iowa ― Auditors say an agricultural law expert at Iowa State University collected $278,000 in speaking and consulting fees that should have been deposited with the school. A report issued Tuesday by the state auditor says Roger McEowen had a “clear conflict of interest” that university officials failed to recognize or manage for years. […]

September 20, 2016

Students

2 Laid-off ITT Educational Employees File Federal Lawsuit

CARMEL, Ind. ― Two employees laid off by the parent company of for-profit college chain ITT Technical Institute have filed a lawsuit claiming the company violated federal law by not providing 60 days’ notice. Allen Federman, a business analyst at ITT Educational Services Inc.’s Carmel, Indiana, headquarters, and Steve Ryan, an instructor at two ITT […]

September 7, 2016

Leadership & Policy

University of Arizona President Calls for Independent Probe of Medical Schools

TUCSON, Ariz. ― The president of the University of Arizona has called for an independent investigation into allegations of misuse of public funds by its two medical schools. The Arizona Daily Star reports that President Ann Weaver Hart released a statement on Monday calling for the independent third-party investigation with no university or Arizona Board […]

August 18, 2016

Students

Diversity in Information Technology and Higher Education

Information technology, like most STEM fields, suffers from a divided work environment and a lack of mentors.

August 4, 2016

International

FIU Study Reveals False Pricing Caused $2.3 Trillion in U.S. Tax Loss

MIAMI ― A new Florida International University professor’s study has found that corporate tax evasion and money laundering cost the U.S. some $2.3 trillion in lost taxes. The just-released study of federal customs data by FIU business professor John Zdanowicz indicates U.S. companies used false invoices to hide the true value of imported and exported […]

August 4, 2016

Health

University of Pittsburgh Hospital Network Paying $2.5M to Settle Overbilling Claims

PITTSBURGH ― The University of Pittsburgh Medical Center has paid $2.5 million to settle some claims in a federal whistleblower lawsuit accusing the hospital network of overbilling government insurance programs for neurosurgery. UPMC, Pennsylvania’s largest private employer with 60,000 workers, didn’t acknowledge wrongdoing in the settlement announced Wednesday by the U.S. Attorney’s Office in Pittsburgh. […]

July 27, 2016

Students

CEO of Harvard’s $37B Endowment Resigns for Personal Reasons

CAMBRIDGE, Massachusetts ― The chief of Harvard University’s $37 billion endowment is resigning after less than two years at the helm. Harvard Management Company, the university’s investment arm, announced on Wednesday that President and CEO Stephen Blyth will resign immediately for unspecified personal reasons. He started the job in 2015. Blyth took a medical leave […]

July 27, 2016

Students

Pros Advise Higher Ed Endowment Managers to Stick to Principles

When it comes to managing endowments at institutions of higher education and trying to acquire good returns on investments, the task is fraught with unpredictability.

July 14, 2016

Students

Education Management Corp. Lays Off 3 Percent of Workforce

PITTSBURGH ― Pittsburgh-based Education Management Corp. has laid off hundreds of employees at Art Institute campuses across the country, including 41 in the city. The 3 percent reduction in the corporation’s workforce comes as the for-profit college operator adjusts to declining enrollment. Spokesman Bob Greenlee declined Wednesday to provide an exact count on the layoffs. […]

June 23, 2016