Other News

Uncategorized

CEO’s made more this year than last year

CEOs at the top 299 U.S. companies made a combined $3.4 billion in compensation in 2010. This is a 23% increase from the previous year.   JP Morgan Chase & Co.’s CEO Jamie Dimon’s total compensation rose from $1.3 million in 2009 to $20.8 million in 2010, which is a […]

Uncategorized

Dollar drops against euro

Values of the euro and dollar have been erratic this past week. On April 18, the euro dropped more than 1% against the dollar, the largest drop in a day since November amid troubles with the Greek debt. On April 21, however, concerns about United States fiscal and monetary policy sent the euro […]

Uncategorized

Good idea to increase taxes to balance the budget?

Fox News recently said, “a new Tax Day study showed that if Washington wanted to balance the budget, using tax increases alone, rates would have to more than double across the board — including on the middle class — to keep up with federal spending.”   Economic and finance professors at […]

Uncategorized

SBS helps students enter sports management industry

When he first came to the University of Maryland, Sports Business Society vice president Ben Garner became a kinesiology major in an effort to find a path to work in the field of sports business. Garner said he took a big step towards ultimately finding that career by joining […]

Uncategorized

China reports quarterly trade deficit

This past week, China reported its first quarterly trade deficit in seven years. The Washington Post reported a total deficit of $1 billion for the first quarter, January through March. The deficit is largely attributed to the rising prices of oil and other commodities, as well as decreased exports to Japan. Though […]

Uncategorized

Cisco Systems’ Flip video camera discontinued

With today’s rapidly increasing technology, don’t be surprised when today’s cool new gadget becomes old and outdated by tomorrow.   According to The New York Times, that is just what happened with the Flip video camera. Flip entered the market in 2007 and “quickly dominated the camcorder market,” selling over […]

Uncategorized

Apple’s iPhone 5 release could be delayed until 2012

Apple may delay the launch of the new iPhone 5 until as late as next year, leaving customers and would-be buyers disappointed.   The device was to be released in June of this year, but changes in the hardware may have led to the delay.   “The iPhone 5 launch may […]

Uncategorized

New data-roaming rules from the FCC mean big changes for customers

The FCC approved a data-roaming rule that will allow consumers to access the internet from their smart phones anywhere in the nation even if their carrier doesn’t provide coverage in that area.   The rule requires mobile broadband providers to provide data roaming to other carriers and their customers on “commercially reasonable” […]