The Assistant Director of Marketing for UMD Sports Marketing spoke to terpAMA and the Sports Business Society about her experiences with UMD sports and also available internship opportunities for students. Katie Thompson, who has been working for UMD Sports Marketing since she finished graduate school at Eastern Michigan […]
Other News
Banks repeal debit card fees
First, it was Wells Fargo on Oct. 28 who repealed its $3 debit card fees. Then, on Oct. 31 Atlanta-based SunTrust Bank rescinded its charge. Bank of America followed the very next day after seeing a general exodus of customers since the fee had been announced in late September. “The […]
Update on the NBA Lockout
As the NBA enters its fifth month in lockout, rumors have begun to emerge that the National Basketball Player’s Association is considering decertifying the union to gain leverage over the league and the owners. After decertifying a union, which involves a somewhat complicated process that leads to a vote among […]
MF Global files for bankruptcy
MF Global, a brokerage firm run by former Goldman Sachs chief and former New Jersey Governor Jon Corzine, filed for chapter 11 bankruptcy on Oct. 31, just days after disclosing a $6.3 billion bet on European government debt. The brokerage reported its biggest ever quarterly loss since going public in […]
European leaders come to agreement on Greek debt
Early last Thursday, European leaders came to an agreement to slash Greek debt by 50 percent. The deal was made among 17 heads of state and government in the euro zone. The deal also includes adding $1.4 trillion to the European Financial Stability Facility, a commission made to combat debt […]
Debt woes for Italy
Italy appears to be the next European country to require a bailout in order to prevent its debt crisis from spreading. At a G-20 meeting in the French city of Cannes, several European Union leaders discussed their aims to curb the continent’s debt woes. Their plans include an expansion of […]
BusinessUSA to offer federal assistance to small businesses
President Obama has garnered much criticism for his perceived lack of attention to small businesses. He aimed to fight this criticism by announcing plans for a new government website to help small businesses and exporters get information about government resources. The website, BusinessUSA (no URL yet) will be created within […]
TDK Corp. cuts 11,000 jobs
TDK Corp., the largest manufacturer of magnetic heads for disk drives and a producer of organic light-emitting diode displays used in many mobile phones, is set to cut about 11,000 jobs, which amounts to approximately 12 percent of its workforce. The Tokyo-based company issued a statement on October 31 […]
Occupy Wall Street spreads to UMD campus
Thousands of protesters across the country came together in a fight against corporate greed and social inequality last month, with the movement spreading to the University of Maryland campus last week. The Occupy Wall Street movement began in Zuccotti Park in downtown New York City in late September, and has […]
Honda and Toyota suspend production in the U.S.
Japanese carmakers Honda and Toyota have made changes to their North American production because of flooding in Thailand, where both manufacturers have prominent production factories. Honda has suspended production for the U.S. since Oct. 4 due to parts supply disruptions resulting from flooding that has continued since Oct. 8 at […]