Prizes were given to the top two teams out of the five that competed, chosen from a judge’s panel of three Deloitte senior representatives and three University of Maryland faculty. The first place team received $500 while the second place team received $125. The case asked teams to act as […]
Other News
Social Enterprise Symposium draws crowds
The Center for Social Value Creation (CSVC) hosted the third annual Social Enterprise Symposium at Stamp Student Union Thursday evening, which was a huge success. The event featured keynote speaker Seth Goldman, CEO of Honest Tea, the first organic, free trade bottled tea to be put on the market. […]
Increase in pending home sales
In the month of February, the National Association of Realtors reported that its pending home sales index for existing homes had increased 2.1%, following a 2.8% decline in January. The pending homes index measures contract signing for a home, though the sale is not finalized until the mortgage is closed. However, […]
Another major success for Apple
Just when you think that Apple has reached their peak, they outdo themselves again with the launch of a new product. On March 11, Apple released the iPad 2, the upgrade from the original iPad. New features of the iPad 2 include a thinner and lighter design, faster processing, and a […]
Consumer spending on rise
Consumer spending has been on the rise for the past year, according to the U.S. Bureau of Labor Statistics (BLS). February showed further increases which were higher than projected by U.S. economists. Hikes in employment, consumer confidence and increased gas prices all play a role in this. Payroll employment […]
New boutique in College Park
Avid College Park shoppers who have been longing for more local clothing stores will find themselves on cloud nine this week, literally, with the opening of a boutique. The boutique, On Cloud 9, held its grand opening on Friday, March 11 at its new College Park location. Currently there is […]
Biggest class action lawsuit ever filed against Wal-Mart
The Supreme Court has begun hearing arguments this week against Wal-Mart in the biggest class-action lawsuit in history. In the lawsuit, filed 10 years ago, Wal-Mart is being accused by about 1.5 million female employees, current and former, over pay and promotions. The main issue is whether or not the large group […]
Wal-Mart set to re-open stores in Japan
Wal-Mart has announced plans to re-open 12 of its stores in Japan which were affected by the earthquake. An additional 12 stores were impacted but they will be opened as soon as possible, according to Wal-Mart officials. The affected stores, except for two, which were severely hit, were able to operate out […]
Google announces new Android payment method
iPhone and BlackBerry users beware. Google recently announced a plan to merge with Citigroup and MasterCard to set up a new payment method through the Android smartphone that would allow Android users to wave their phone in front of a reader to make a payment instead of using the traditional card, check […]
BITS elects 2011 – 2012 executive board early
The student organization Business and Information Technology Society (BITS) took a new route in electing their executive board for the 2011-2012 school year by electing the board members earlier than usual this year. “We used to have the elections at the very end of the school year in April,” said […]