Chinese Premier Wen Jiabao announced on Monday that the country will be reducing its targeted GDP for 2012 in response to changing social and economic factors in China and around the world. The premier said that China will aim for a 7.5 percent GDP growth rate in 2012, as […]
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Jaguar Land Rover Participates in Joint Venture with Chinese Car Manufacturer
Jaguar Land Rover has requested permission from Chinese regulatory authorities to build a factory in Changshu, a city near Shanghai. The company will be making a joint venture with Chinese luxury car manufacturer Chery to acquire a factory. Jaguar Land Rover, a British car manufacturer owned by Tata motors […]
Jaguar Land Rover Participate in Joint Venture with Chinese Car Manufacturer
Jaguar Land Rover has requested permission from Chinese regulatory authorities to build a factory in Changshu, a city near Shanghai. The company will be making a joint venture with Chinese luxury car manufacturer Chery to acquire a factory. Jaguar Land Rover, a British car manufacturer owned by Tata motors […]
Students attend SUSA’s semi-annual networking night
The Smith Undergraduate Student Association held its semi-annual Alumni Networking Night, attracting more students and alumni than previous years. “We wanted to give the students an opportunity to connect with alums,” said Pratik Dixit, president of SUSA and a […]
IEFS Broadens its Horizons at the IMF Headquarters
The International Economics and Finance Society (IEFS) regularly hosts guest speakers in the Smith School of Business, but last week it provided its members with the opportunity to venture into Washington D.C. for a hands-on learning experience outside of the university. The International Monetary Fund’s (IMF) headquarters in […]
ABA features Fannie Mae
A representative from Fannie Mae came to talk to the Accounting and Business Association on Monday, arch 5, to discuss internship opportunities and to give advice to interested students. “Fannie Mae actually reached out to us about wanting to speak to students about internship opportunities,” said Matthew Chin, co-president […]
Business Golf Club holds Winter Classic Tournament
The Business Golf Club held its Winter Classic tournament on Friday, March 9, as a practice event for members playing in the Spring 2012 Club Championship, taking place later this semester. BGC, still a new club at this university, was created not so much for competitive golf matches, but […]
Visa and MasterCard Hack Could Affect 1.5 Million Accounts
Credit card users may think twice before making their next purchase. According to a Wall Street Journal report, 1.5 million Visa and MasterCard credit card accounts were hacked on March 30 via Global Payments Inc., a processing company that handles the transactions between consumers and credit card entities. The […]
Groupon Reveals Revenue Miscalculation
Groupon, the day-to-day sales website, has been forced to revise its accounting methods after incorrectly reporting fourth-quarter profits. According to a Wall Street Journal report, the revision, which took place on Friday, March 30, resulted in a $14.3 million lowering of revenue for the period, and reduced the company’s […]
Best Buy Restructuring Stores
Best Buy will close 50 stores and cut about 400 corporate and support jobs, the company announced in late March along with a fourth-quarter loss, partly due to restructuring costs. Among these cost-reducing measures, hopefully saving them $800 million by 2015, are plans to open 100 of the smaller […]