Smith School In the News - 2006

The Smith School's world-class faculty are routinely quoted in leading business and other media, while Smith's innovative programs and research projects also receive attention. Below are some highlights.

December 2006

Wall Street Journal Dec. 8, 2006 Business professor Peter Morici is quoted in an article about Labor Department job figures. Read more. (subscription required)

Network World Dec. 7, 2006 A Web site for network IT executives reviews accounting professors Larry Gordon and Martin Loeb's cybersecurity book and plans to discuss some of the fundamental issues covered in the book in future columns. Read more.

Fox 5 News Dec. 5, 2006 Smith alum Donald DeLash, vice president of sales for Accu-Sort and a visiting LTSCM Executive for a Smith class, is interviewed in Van Munching Hall about RFID technology and its vulnerability to hackers. Watch the video clip.

Future Tense Dec. 5, 2006 Professor and Robert H. Smith Dean's Chair of Information Systems Ritu Agarwal is interviewed for a national radio program about a Smith School study that finds smokers can get help quitting by joining an online community. Read more and listen online.

The Press-Entreprise Dec. 4, 2006 Ralph J. Tyser Professor of Strategy & Organization Anil Gupta writes an opinion article about entrepreneurship in China. Read more.

The New York Times Dec. 3, 2006 Business professor Peter Morici is quoted in an article about U.S. produce farmers facing competition from foreign imports. Read more.

Inc.com Dec. 4, 2006 Research on the dot-com era from entrepreneurship professors David Kirsch and Brent Goldfarb is the subject of an article. Kirsch and Goldfarb are quoted. Read more.

Business Gazette Nov. 29, 2006 Marketing professors Jie Zhang and Rosellina Ferraro are quoted in an article about holiday shopping. Read more.

November 2006

Washington Times Nov. 27, 2006 P.K. Kannan, Harvey Sanders Associate Professor of marketing and director of the Center for Excellence in Service, is quoted in a story about the online holiday retail outlook that forecasts D.C. will be tied with Boston for highest percentage of online shoppers at 88 percent. He said its not surprising that people in the Washington area would rather shop online than brave traffic. Read more.

The (Baltimore) Sun Nov. 25, 2006 Marketing professor P.K. Kannan is quoted in a story about Black Friday holiday shopping. Read more.

The (Baltimore) Sun Nov. 24, 2006 Marketing professor Amna Kirmani is quoted in a story about stores using Christmas, rather than more general holiday terms, to market to shoppers. Read more.

China Economic Review Nov. 21, 2006 An announcement of the Smith Schools China launch of the Smith Business Intelligence Web site in Chinese is included in the China Economic Reviews MBA News and Updates. Read more.

CNET News.com Nov. 20, 2006 A story about holiday spam mentions the 2004 National Technology Readiness Survey results, published by the Smith School's Center for Excellence in Service. Read more.

Washington Examiner Nov. 17, 2006 MBA student Berber Rischen, a key player on the University of Maryland's National Champion women's field hockey team, is the subject of a sports profile. Read more.

Wall Street Journal Nov. 16, 2006 Business professor Peter Morici contributes a quote to the regular Economics React column, commenting on a decrease in U.S. consumer prices. Now the outlook is for core inflation to fall within Ben Bernanke's target range of one to two percent, said Morici. The Federal Reserve should not change interest rate policy before its March meeting, and economic growth should recover to between 2.5 and 3 percent by the first half of next year. Holiday shopping should give retailers a boost, and along with more robust commercial construction and business investment, sustain the economic expansion. All of this is great news for the stock market.

Investors Business Daily Nov. 15, 2006 A report on October retail sales and wholesale price data includes a quote from business professor Peter Morici. Read more.

BusinessWeek Online Nov. 15, 2006 A story on the Dow closing high includes a quote from business professor Peter Morici. Read more.

CNN: Lou Dobbs Tonight Nov. 14, 2006 A story on the big three U.S. automakers includes an interview from business professor Peter Morici. Read a transcript.

The (Baltimore) Sun Nov. 12, 2006 A long feature on DeWalt, a brand of Black & Decker, looks at brand loyalty and the companys marketing strategy with a quote from marketing professor P.K. Kannan. Read more.

Detroit Free Press Nov. 12, 2006 A story previewing the big three U.S. automakers meeting with President Bush includes a quote from business professor Peter Morici. Read more.

Reuters Nov. 9, 2006 A story about the increased demand for the $2 bill includes a quote from business professor Peter Morici. Read more.

Wall Street Journal Nov. 8, 2006 New research by management and organization assistant professors David Kirsch and Brent Goldfarb sheds light on the dot-com era and is the subject of the Portals column in the Marketplace section. Read more.

Wall Street Journal Nov. 8, 2006 Business professor Peter Morici writes a letter to the editor in response to a series of articles on U.S. manufacturers. Read more.

Associated Press Nov. 7, 2006 Election coverage includes a story about a push for trade policy changes by Democrats, which includes comments from business professor Peter Morici. Appeared in various outlets, including USA Today. Read more.

Associated Press Nov. 7, 2006 Business professor Peter Morici is quoted in a story about GMs ventures in China. Read more.

The Washington Post Nov. 6, 2006 Dingman portfolio company GoozEx, a video game exchange Web company run by Smith graduates, was profiled in a story in the business section. Read more.

Federal Computer Week Nov. 6, 2006 Review of cybersecurity book by Lawrence Gordon, Ernst & Young Alumni Professor of Managerial Accounting, and Martin Loeb, accounting and information assurance professor and Deloitte & Touche LLP Faculty Fellow. Includes quotes from Gordon. Read more.

American Lawyer Nov. 1, 2006 A short profile details assistant professor David Kirsch's push to preserve the digital records from dot-com companies represented by bankrupt law firm Brobeck, Phleger & Harrison for his Business Plan Archive.

October 2006

The (Baltimore) Sun Oct. 31, 2006 Fast-food chain Kentucky Fried Chicken announced plans to cut out unhealthy trans fats, following some other chains. Assistant marketing professor Jie Zhang is quoted, saying soon all major restaurants will likely address the issue soon. Read more.

The New York Times Oct. 29, 2006 A Q&A about starting a business while keeping your current job asks Is it ethical to plan and operate an independent business on your employers time? Asher Epstein, managing director of the Dingman Center for Entrepreneurship said it was acceptable to work on side projects during lunch hour, if youre not using company resources to do so. Read more.

Financial Times Oct. 23, 2006 The Smith Schools custom MBA program for SAIC is highlighted in a story about the trend of such programs. Alison Buckley is quoted and SAICs manager of learning programs and partnerships talks about the program. Read more.

BusinessWeek Online Oct. 30, 2006 A story about weak third-quarter GDP numbers points to a housing slump and potential real estate recession. Business professor Peter Morici is quoted. Read more.

Christian Science Monitor Oct. 30, 2006 Car buyers could see some good deals as the auto industry looks to unload inventory. It could impact the economy. Business professor Peter Morici is quoted. Read more.

San Francisco Chronicle Oct. 28, 2006 Peter Morici is quoted in a story about the U.S. economy and the slumping housing sector. Read more.

Journal of Commerce Online Oct. 27, 2006 The Smith School honored U.S. Department of Transportation Under Secretary Jeffrey N. Shane and APL Chief Executive Ron Widdows with the Person of the Year award at an Industry Day ceremony.

NPR Day to Day Oct. 25, 2006 A story about DaimlerChrysler earnings includes an interview with business professor Peter Morici, who talks about U.S. automakers. Read more and listen online.

Wall Street Journal Oct. 24, 2006 An article about getting better deals on car purchases points to a Smith School study. Researchers at the University of Maryland's Robert H. Smith School of Business in College Park, Md., found consumers who used the Web to obtain price-related information paid an average of about $404 less than the average buyers of the same vehicles. They also found consumers who obtain pricing data online visit fewer dealerships and complete their purchases more quickly.

China Economic Review Oct. 23, 2006 Management and Organization professor Gilad Chen gave a public lecture in Shanghai and sat down with China Economic Review for a brief Q&A on cross-cultural management issues before the lecture. Read more.

BusinessWeek Oct. 23, 2006 The Smith School is ranked No. 25 in the United States in the biennial MBA program rankings issue. The cover story also includes a sidebar about an uptrend in companies choosing custom MBA programs, which mentions Smiths Otis Elevator program and includes insight from Judy Frels, senior director of custom programs. Posted online Oct. 12, 2006. Read more.

Science magazine Oct. 20, 2006 David Kirsch, management and organization professor, reviews the documentary Who Killed the Electric Car? Kirsch is a historian of emerging industries and wrote a book about the history of the electric car. Read more.

The New York Times Oct. 12, 2006 A story about MBA consulting programs includes mention of Smiths program and a quote from faculty program coordinator and marketing professor Bob Krapfel. Also includes an interview with CEO of Fortius One, a portfolio company that completed a project with Smith MBAs last year. Read more.

The (Baltimore) Sun Oct. 11, 2006 Finance professor Elinda Kiss is quoted in an article about Legg Masons stock plunging after earnings projections for the company, which last year swapped business units with Citigroup, missed their mark. Kiss is a former Citigroup employee. Read more.

The (Baltimore) Sun Oct. 10, 2006 A story about PNC Banks acquisition of Baltimore-based Mercantile Bankshares includes info from an interview with finance professor Haluk Unal and mentions his research. Read more.

The Daily Record Oct. 11, 2006 Coverage of the PNC/Mercantile merger includes two stories on consecutive days with quotes from Haluk Unal, finance professor. Read more and Oct. 10, 2006.

Marketplace Oct. 10, 2006 Albert Pete Kyle, finance professor, is interviewed on Marketplace about investigating private equity funds. Read more and listen online

Asia Times Oct. 11, 2006 Business professor Peter Morici writes an opinion article about the economy. Read more.

60 Minutes, CBS News Oct. 8, 2006 Smith School alum Carly Fiorina, former CEO of Hewlett-Packard, is interviewed about her time at the company, her firing and her new book, Tough Choices, which includes a chapter about her time at the Smith School. Read more.

Wall Street Journal Online Oct. 6, 2006 Business professor Peter Morici comments on employment data as part of a regular roundup from economists. Read more.

Wall Street Journal Online Oct. 5, 2006 A story about the Win in China reality show mentions Smith School scholarships go to the winners. Read more.

The Washington Post October 1, 2006 Smith School alum and former Dingman Scholar Matt Fleischers Hook & Ladder beer company is profiled in the Washington Post Sunday magazine. Read more.

September 2006

BusinessWeek Online September 28, 2006 Professor Peter Morici is quoted in a story about the economic effect of the drop in energy prices and halt in interest-rate hikes. Read more.

Knight Ridder/Tribune September 27, 2006 Professor Peter Morici is quoted in a story about a bill that would levy tariffs against China if currency manipulation continues. Read more.

The New York Times September 27, 2006 Professor Peter Morici is quoted in a story about dropping oil prices.

The Washington Post September 26, 2006 Professor Peter Morici is quoted in a story about the first year-over-year drop in 11 years for existing home prices in August and the growing supply on the market. Read more.

The Orlando Sentinel September 25, 2006 A column sites telecommuting statistics from the latest National Technology Readiness Survey. Read more.

The Washington Post September 25, 2006 A roundup of former HP exec Carly Fiorina's area appearances and booksignings includes mention of her November date to speak and sign her memoir for her fellow Smith School alumni. Read more.

China Daily September 25, 2006 A business school cannot go global without a presence in China, said Asher Epstein, managing director of Smiths Dingman Center for Entrepreneurship in an article about the business schools in China, which includes a the Smith School. Read more.

The Washington Post September 24, 2006 Janet Richert is quoted with advice for career-switchers in an article about finding job satisfaction through a new career. Read more.

The Atlanta Journal-Constitution September 23, 2006 Professor Peter Morici is quoted in a story about the stock market. Read more.

The Christian Science Monitor September 20, 2006 Professor Peter Morici is quoted in an article about rising concerns over the housing market slump. Read more.

The San Francisco Chronicle September 19, 2006 Professor Peter Morici is quoted in an article about Treasury Chief Henry Paulson's attempt to persuade Chinese authorities to raise the value of the yuan. Read more.

The Wall Street Journal September 19, 2006 Logistics professor Philip Evers writes a letter challenging a Notre Dame business ethics professors comments calling the dramatic increase in hotel rates during football weekends an act of moral abdication. Read more.

The Deal September 18, 2006 Ford Motor Co.'s restructuring plan didn't do much to assuage Wall Streets worries over the ailing automaker. Business professor Peter Morici said Ford needs to cut costs deeper if it is to offer the innovations, competitive prices and pizzazz of Japanese foes. As long as UAW workers enjoy higher wages, retirement in their early 50s, and better health care benefits than virtually all other Americans, Ford engineers have to be supermen to match their Japanese rivals in vehicle technology, content and quality," Morici said. "Ford's offerings provide no evidence of such super-human abilities. He said that the company needs "radical changes" in retirement and health benefits that the union might not be willing to surrender.

NPR: All Things Considered Weekend Edition September 16, 2006 In a segment about automaker Ford, business professor Peter Morici said the auto industry has structural problems, in particular relatively high labor costs. He notes that Ford has lost a big part of its market share in the past decade. That process will continue if Ford's labor costs are not aligned with those of Toyota, Nissan and Honda, as they operate right here in the United States. Listen online.

Wall Street Journal Online September 15, 2006 Business professor Peter Morici is quoted in a roundup of economists reaction to price inflation: Core consumer-price inflation remains above [Fed Chairman] Ben Bernanke's target range of 1 to 2 percent. However, core consumer-price inflation in August reflected the continuing pass-through of prior months' surges in energy prices to nonenergy products. Those pressures are now reversing.

Financial Times September 14, 2006 In an article about U.S. retail sales posting an unexpected gain, business professor Peter Morici says falling gas prices may provide an explanation for the resilient levels of spending and a clue to the economy's outlook. Over the last month, gasoline prices have fallen ... significantly below September 2005 levels. If sustained, lower gas prices will free up enough disposable income to ... give the economy a needed jolt. Read more.

Richmond Times-Dispatch September 14, 2006 An article about telecommuting points to the latest National Technology Readiness Surveys figures that only 2 percent of American workers telecommute full time. Charles Colby of Rockbridge Associates, the firm that conducted the study for the Smith School, is quoted from the press release. Read more.

Financial Times September 12, 2006 The Smith Schools new part-time masters degree program in Tunisia, a partnership with the Mediterranean School of Business is briefed, following a press release. Smiths three other new masters degree programs are also mentioned. Read more.

Hindustan Times September 11, 2006 In an article about boosting team performance for managers, Gilad Chen, associate professor of management and organization, encourages relationship building between individual members. He says the leader must empower the team as a whole, so as to create a climate where the team feels encourages, but each member must feel he is supported. This will encourage individuals to contribute more to the team.

Chicago Sun-Times September 10, 2006 The dip in the U.S. housing market could have implications for the economy as a whole a warning that has many experts openly speculating about a possible U.S. recession next year, brought on by consumers reacting to the shrinking value of their nest egg. It could throw the economy into recession if consumers go into a shell," said economist Peter Morici, a business professor. "I don't see anything out there to compensate.

Christian Science Monitor September 7, 2006 Alan Mulally, Ford Motor Co.'s new chief executive, previously guided aerospace giant Boeing through a wrenching downturn as the 9/11 terrorist attacks reduced demand for air travel. But despite the challenges he faced at Boeing, many of which offer transferable skills to lead Ford, the auto industry is very different than aviation because there is so much competition. Boeing is not that much like General Motors or Ford, said Peter Morici, business professor. Carmakers produce a complex consumer good that has to be mass-marketed and has substantial branding issues. Read more.

Associated Press September 6, 2006 Hewlett-Packard Co. Chairwoman Patricia Dunn is under scrutiny from business and ethics experts after she oversaw an invasive and possibly illegal effort to snoop into the home phone calls of fellow members of the HP Board of Directors. Dunn oversaw the ouster of former HP CEO Carly Fiorina, Smith School alum, in February 2005 and the hiring of Mark Hurd as her successor. Now analysts say she may be the next one to leave. "When you start spying on your own board, you darn well better have probable cause," said Peter Morici, business professor. "If the chairman thinks this is the way business ought to be conducted, maybe it's time for her to take a sabbatical. It's arrogant and inappropriate." Wide national coverage. Read more at Forbes.com.

CNN: Lou Dobbs Tonight September 6, 2006 Story about opportunities within economic classes highlights the barriers to upward mobility for children of low-income families, concluding the best way to get rich in America is to be born rich. Peter Morici, business professor, is quoted, saying If you look at the mechanisms for upward mobility that were so readily available 50 years ago, 25 years ago, they are becoming further out of reach. Read more.

Wall Street Journal Online September 6, 2006 The Labor Department reported that nonfarm productivity, or output per hour of work, grew 1.6 percent during the second quarter, an improvement over the 1.1 percent growth originally reported a month ago but shy of the 4.3 percent growth seen in the first quarter and just half the average output growth over the past five years. Despite the loss of some forward momentum, Peter Morici, business professor, noted that productivity was up 2.5 percent year over year. That is a solid performance and indicates the growth potential of the U.S. economy remains formidable.

Fortune September 4, 2006 Investors often seek opportunities after calamitous news events. But that may be the worst moment to predict the future. And often as not, investors have some information, but not the full picture, says Peter Morici, an economist and business professor. Crisis investing is extremely difficult for the average investor, who doesn't have the ability to quickly find other information about the consequences of an event. He cites the Gulf Coast hurricanes as an example: People grossly overestimated the immediate rebuilding effect of Hurricane Katrina. Read more.

The (Baltimore) Sun September 3, 2006 A ban on liquids and gels on boards airplanes after a terrorist plot to blow up planes with bombs made from such substances was uncovered left some business coming up with alternatives. If the ban endures, marketing professor Janet Wagner said more cosmetics could be turned into powder, luggage makers could produce more plastic-lined pockets for liquids, and more one-time use products will be sold in vending machines in the airport. Some things won't be viable in the long term because of cost or appeal," she said. "Not many people would probably keep using powdered toothpaste if the ban were lifted. But it would always be nice to have luggage with better pockets.

August 2006

Shanghai Daily August 28, 2006 Logistics professor Sandy Boyson, director of the Supply Chain Management Center, writes an opinion article about supply chains adapting to manage the globalization process. The piece is adapted from a speech Boyson gave in China. Read more.

Washington Post August 25, 2006 Part of a Finishing School multimedia package for business executives, the Washington Post highlights interview tips and cautions with an online video, produced by Smiths Office of Career Management and starring Lindsay Terry and Moneca Surida. Watch online.

Wall Street Journal August 24, 2006 Telecommuting, though it sounds attractive for many, does not always turn out to be the best option for workers. National Technology Readiness Survey data illustrates that even when given the option, many workers choose not to telecommute. Appeared in various outlets, including the Pittsburgh Post-Gazette and the Arizona Republic. Read more.

Washington Post August 24, 2006 Existing homes sales fell more than expected last month and unsold homes reached record levels. Business professor Peter Morici said reported numbers were lower than expected and he and others had made predictions based on contracts signed. But some people managed to back out of contracts. People are very hesitant right now, Morici said. Read more.

BusinessWeek Online August 24, 2006 With homes sales dropping and the economy slowing, the Federal Reserve may be reluctant to raise interest rates again. The temptation to raise interest rates could result in a terrible bout with stagflation or a recession, said business professor Peter Morici. Read more.

Associated Press August 24, 2006 New homes sales dropped 4.3 percent in July. This is prompting builders to offer extra incentives to entice buyers, said business professor Peter Morici. Overall, values are falling and builders profits are threatened, he said. Read more.

CFO Magazine August 24, 2006 Companies implicated in price-fixing schemes may have to pay fines twice or more, in Europe, the U.S. and other countries. Its a new world, said Associate Professor Joshua Newberg. More countries are getting into the act of competition enforcement. Read more.

USA Today August 23, 2006 The economy is slowing, but some question how much. One big variable is housing, according to Peter Morici, business professor. After adding to growth in the past several years, the sector has become a drag, with the drop in home construction shaving as much as one percentage point off gross domestic product. The impact could be far greater if the market falls faster, he said. Read more.

BusinessWeek Online August 23, 2006 What you wear to a job interview can have a big impact these tips offer some fashion dos and don'ts, including a quote from David Wilmes, manager of undergraduate student programming. Students think they can wear scuffed-up shoes. Or in an informal setting, men think they can get away with no belt, Wilmes said. Read more.

Newhouse News Service August 22, 2006 Internet pages, such as MySpace.com, can be memorials to those who post to them when that person dies. Professor David Kirsch said people should plan for the digital afterlife. We need to increase awareness of the way we leave digital traces and then try to take an active role in managing those pieces such that our wished are reflected in our digital imprint left after we die, Kirsch said. Read more.

The Economic Times (India) August 18, 2006 With an increasing number of family-owned businesses in India choosing to train their next generation through Family Managed Business (FMB) programs, these courses are fast gaining popularity. MDI will be offering a two-year Program For Family-Owned Business Houses, starting next year, which will have students spending about nine months abroad. "The Robert H. Smith School of Business at the University of Maryland will be one of our partners and we are in talks with the Babson College, America besides other European institutes," said Pritam Singh, director MDI. Read more.

Fox News: Special Report with Brit Hume August 18, 2006 Mixed results in the U.S. economy cause worry for some and consumer confidence is at a 10-year low. In an on-camera interview, business professor Peter Morici says this is because consumers are spending more on gas and less on other things, like clothing, food and appliances.

The Orlando Sentinel August 16, 2006 A column includes a section on telecommuting, with statistics from the National Technology Readiness Survey and a quote from Charles Colby of Rockbridge Associates, the firm that collected the data.

The (Baltimore) Sun August 12, 2006 After authorities foiled terrorist attacks in Britain, airline passengers were told depending on their destination to pack away laptops and BlackBerries, expensive perfumes, cosmetics, and even some medications. The restrictions come as Department of Transportation statistics show that baggage handling has been getting worse and some airports have theft problems. Roland T. Rust, marketing chair, predicted: "There will be no more carrying back wine from wine country in California. That shows you how drastic this really is." Read more.

Associated Press August 11, 2006 Consumer confidence slid to a three-month low as people fretted about the direction of the economy and their own balance sheets in the months ahead. "Right now consumers are feeling insecure. They are worried about their inability to finance their standard of living in the face of higher gas prices, a softening economy, a slowing job market and a cooling housing market," said Peter Morici, business professor. Appeared on BusinessWeek Online. Read more.

BusinessWeek Online August 10, 2006 Job recruiters should avoid alienating potential hires during the interview process. BusinessWeek Online offers tips and a slide show to point out some best practices. When a candidate is told he will get word about a job on Sept. 1, the candidate actually wants to hear back on or close to Sept. 1. Forgetting to follow up or leading a candidate on sends the message that the company is uninterested, says Lindsay Terry, employee development manager in Smiths career center, in a slideshow that accompanies the story. Read more.

The Wall Street Journal August 9, 2006 The Federal Reserve's much-anticipated decision to pause its two-year campaign of interest-rate increases caused little movement in bonds. Now investors are turning their attention to what the Fed will do at its next meeting, in September. Peter Morici, a professor of business at the University of Maryland and former chief economist at the U.S. International Trade Commission, said Mr. Bernanke and other Fed leaders will face a difficult call at their Sept. 20 gathering, because they won't have much new data by then on inflation and economic growth.

The Wall Street Journal Online August 8, 2006 Economists react to the Federal Reserve not raising rates for the first time in 17 meetings. It was a tough decision, said Peter Morici, business professor. The economy is slowing and oil prices are driving up inflation. Oil prices are beyond the reach of U.S. interest rate policy. Having established an expectation in financial markets that the Fed would not raise interest rates further, Ben Bernanke made the right call. Read more.

Philadelphia Inquirer August 7, 2006 David Kirsch, business historian and assistant professor, write an opinion article arguing why hybrids are a better path to the electrification of vehicles than the electric car. Read more.. Also appeared in Detroit Free Press (Aug. 7), Asbury Park Press (Aug. 4), and the Patriot-News (Aug. 13).

Pittsburgh Post-Gazette August 5, 2006 The Labor Departments monthly snapshot of the nation's employment situation showed job growth slowing sharply in July. Peter Morici, business professor, said continuing inflation pressures will keep rates higher and may force the Fed to push them up more, further worsening the squeeze between slower job growth and higher rates. He said the slowdown in growth could turn into a recession if inflation trumps the Fed's concerns about the economy. Read more.

Atlanta Journal-Constitution August 5, 2006 The government's report that U.S. companies added fewer new jobs in July than anticipated prompted some market watchers to predict the Federal Reserve will not raise interest rates next Tuesday --- for the first time in more than two years. Peter Morici, business professor, said the latest job numbers "indicate the economy is adding too few jobs, and unemployment is likely to continue rising." Read more.

ABC News: World News with Charles Gibson August 3, 2006 Though Ford rolled out a turnaround plan in January, the automaker has been taking steps backward, watching its share of the U.S. auto market fall and pushing it into third place behind Toyota. Stock prices are also down. Business professor Peter Morici is interviewed and comments that It's an absolute national tragedy that an industrial icon like this one, and so important to the employment prospects to the Midwest, is being handled as a family hobby.

Pittsburgh Post-Gazette August 3, 2006 If all Americans who could be doing their jobs from home did so, the nation would save $3.9 billion worth of gasoline. At any rate, only 2 percent of U.S. workers telecommute full time; 9 percent, part time, according to Smiths National Technology Readiness Survey. Another 14 percent have the option of telecommuting, but choose not to. If they did, it would amount to a quarter of the American work force telecommuting. Read more.

Contra Costa Times August 2, 2006 The San Francisco Bay Area is a national leader in telecommuting, with more than 20 percent of workers telecommuting, compared with a nationwide average of 10 percent, according to the National Technology Readiness Survey, prepared by the Smith School and Rockbridge Associates. The study also finds that 14 percent of American workers have the option to telecommute but do not. Those drivers burn nearly $4 billion worth of gasoline, and the time they spend on the road adds up to 470,000 full-time jobs.

CFO Magazine August 1, 2006 Companies implicated in price-fixing schemes may have to pay big fines in the U.S. and Europe, if not in more markets. "It's a new world," said Joshua Newberg, associate professor of logistics, business and public policy. "More countries are getting into the act of competition enforcement.". Read more.

July 2006

Christian Science Monitor July 31, 2006 The U.S. economy grew at a cool pace in the second quarter, one reason being slower-than-expected investment by businesses. Economist Peter Morici said we don't just rely on consumption for economic growth and pointed to investment as important factor. Read more.

WMAR-TV/ABC 2 Baltimore July 30, 2006 Telecommuting could save the economy $3.9 billion in gas, according to the National Technology Readiness Survey. A 11 p.m. newscast story focuses on the study and the findings that less than half of workers who could would choose to telecommute more than two days per week and 14 percent would not telecommute at all. Marketing Professors P.K. Kannan and Janet Wagner are interviewed on camera, as well as Charles Colby of Rockbridge.

Yahoo! News July 28, 2006 Column on Yahoos finance page points out how commuting is a drag on the economy and points to the National Technology Readiness Survey findings that less than half of workers who could, would choose to telecommute more than two days per week and 14 percent would not telecommute at all, costing the economy $3.9 billion in gas. Charles Colby of Rockbridge is quoted. Read more.

The (Baltimore) Sun July 28, 2006 Business Professor Peter Morici writes an op-ed column cheering the failure of the Doha Round of World Trade Organizations negotiations. Advocates claim that a new global trade pact would raise millions from poverty. Sadly, though, a Doha agreement would benefit mostly the wealthy and large, multinational corporations. It would offer little for smaller developing countries or farmers and workers in industrialized nations. Read more.

Chicago Tribune July 27, 2006 Billionaire investor Kirk Kerkorian's proposal to ally General Motors with Renault and Nissan Motor Co. faced setback when GMs second-quarter profits far surpassed analysts predictions and made a merger seem less necessary. But business professor Peter Morici wasn't appeased. GM sold fewer cars in the first half of 2006 [1.23 million] than in 2005 [1.24 million], and while sales were at better prices closer to those commanded by Toyota, it still faces the task of clearing out inventory and will likely have to cut prices through incentives. Vehicle development costs are spread across too few vehicles, Morici said. Read more.

Washington Post July 26, 2006 The real estate market has shifted downward median prices of homes in several parts of the Washington region have declined when compared with the same time last year. Peter Morici, business professor, said prices could drop 10 percent by the end of the year and maybe 20 percent by the time its all over. Read more.

Agence France Press July 24, 2006 High crude oil prices have people looking for alternatives one of which is biodiesel fuel, made from waste cooking oil. Entrepreneur in residence Dan Goodman runs his car on biodiesel, which he makes with an associate from grease collected from College Park restaurants. Its used to run 15 area school buses. Related story

San Diego Union Tribune July 22, 2006 Although California continues to add jobs, a monthly decline in construction and financial hiring suggests that the state is beginning to feel the effects of the slowdown in the housing market. Peter Morici, Smith School economist, said the number of jobs added recently nationwide has been "well south of the number needed to keep unemployment from rising." In California, the weakest segments in the jobs market are two of the areas that have seen the greatest growth in recent years: construction and real-estate services. Read more.

The Cincinnati Post July 19, 2006 Business Professor Peter Morici writes an op-ed, arguing General Motors board should not approve a merger with Renault and Nissan. In the end, GM's problem is a crisis of governance. GM won't change until the board is radically changed. Yet how often does a board not found guilty of criminal actions fire itself? Morici wrote. Read more.

The Virginian-Pilot July 15, 2006 Column mentions telecommuting results from the National Technology Readiness Survey in a rant about traffic congestion. The writer refers to a Reuters story and uses a quote from Professor P.K. Kannan. Read more.

Washington Post July 14, 2006 Results of the National Technology Readiness Survey found that if people were telecommuting from home instead of sitting in traffic, the economy could save $3.9 billion in gasoline costs alone. Read more.

Red Herring online July 13, 2006 Web story discusses the results of the National Technology Readiness Survey, finding only 6 percent of Americans with the option would telecommute full-time. Though, as marketing professor P.K. Kannan suggests, much of the resistance to telecommuting could be age-related and based on the perception that not as much work is being accomplished at home. But people can be just as productive or more so from home. Its not the formal meetings they miss, Kannan said. Its the informal chats with their co-workers at the water cooler or at lunch. He said younger generations, used to socializing via the Web, might be more apt to telecommute and help grow the practice in the future. Read more.

Washington Post July 13, 2006 Results of the National Technology Readiness Survey, finding up to 25 percent of people could be telecommuting, but the majority choose not to do so, illustrated on Page Two of Washington Post with graphics.

Reuters July 12, 2006 Results of the National Technology Readiness Survey found up to 25 percent of people could be telecommuting, but the majority choose not to do so. Marketing Professor P.K. Kannan, director of the Center for Excellence in Service at Smith, which sponsored the study, said this could be because people still need the 'face time' with their bosses. Another thing is people miss the social interaction, just being at home." Picked up by New York Times Web site, Boston Globe Web site, Yahoo!, PC Magazine Web site, among others. Read more.

The (Baltimore) Sun July 11, 2006 Southwest Airlines has more than 1,100 married couples in its employee ranks, and spouses and family members are encouraged to join the company. But corporate governance watchdogs usually frown on the appearance of nepotism in public companies. Associate Professor Joshua Newberg said nepotism is an issue always in the background that draws scrutiny now and again. Shareholders are concerned with performance, so its likely to raise eyebrows and likely to be a concern if nepotism correlates with poor performance or less than optimal performance, Newberg said. But if it doesnt, its going to be a matter of indifference.

Los Angeles Times July 7, 2006 General Motors board met July 7 to consider billionaire investor Kirk Kerkorian's proposal to ally the automaker with Renault and Nissan Motor Co., raising red flags for analysts and academics who study the auto industry including business professor Peter Morici. He remains skeptical at the speculation that Carlos Ghosn, CEO of Renault and Nissan would take the reins at GM as well. At GM, what can be done along those lines is either already accomplished or underway, Morici said. Mr. Ghosn has no new magic to provide. Read more.

The (Baltimore) Sun July 7, 2006 When Coke employees tried to sell a secret recipe to Pepsi, PepsiCo officials contacted Coca-Cola Co. officials, who told the FBI, which set up a sting and apprehended the trade-secret traffickers. Coke thanked Pepsi on its Web site, which was a reason in itself for Pepsi to report the fraud, said Joshua Newberg, associate professor of business law and ethics. Pepsi had an ethical obligation to report, and they reaped the benefits of doing so. Coke wouldn't think they had anything to do with it, or better, if faced with the same situation, Coke would do the same thing, Newberg said.

Australian Broadcasting Corp. July 2, 2006 General Motors announced one-third of its workers would leave the company by the end of the year. Combined with cuts at Delphi, a key supplier of GM's components, 50,000 jobs have been lost in the latest round. And it could have implications for Australia's car and parts makers. Business professor Peter Morici said suppliers can only pay people the value they create and not more than they can fetch in the marketplace for their cars. After all, in Australia, the market isnt large enough to design cars merely for the Australian market, he said. The Australian manufacturers or the manufacturing arms of Ford and General Motors in Australia are dependent on the worldwide operations of those companies for vehicles to produce. My concern is that within a few more years, General Motors and Ford will lose their ability to design competitive products for any market. Read more.

NPR/Weekend Edition July 1, 2006 A new documentary, Who Killed the Electric Car? examines the many reasons why that vehicle technology disappeared in California. Smith professor and business historian David Kirsch talks about GMs role in the cars death. GM treated the recall decision as just another business decision as if it was just some trouble with some Chevy that needed to be recalled, Kirsch said, without realizing that they had actually tapped into a new market, a new kind of person, someone who had abandoned General Motors cars decades ago and had long switched to European and Japanese brands. Listen online.

San Francisco Chronicle July 1, 2006 San Jose's KLA-Tencor Corp. said Friday that it may have to restate financial results because an internal investigation found that it may have backdated some stock-option awards. Peter Morici, a professor of business, was not very forgiving about the possibility of restating earnings. It gives us very strong reason to conclude that either the books were not handled competently or there was a purposeful effort to deceive, he said. Whether it rises to the level of a criminal problem is one thing but it certainly raises into question the competence of the managers to continue. Read more.

Entrepreneur Magazine July 2006 Consumers are overwhelmed by the number of choices, features and functions associated with their tech gadgets. Marketing chair Roland Rust says consumers are suffering feature fatigue when trying to decipher products laden with so many features. The smart companies that really succeed are going to be making products that are simpler, that will satisfy customers more, Rust said. Read more.

June 2006

U.S. News & World Report June 30, 2006 Oil prices headed up again, continuing a two-week run pushing it over $73 a barrel. Peter Morici, business professor, said the new data provide more reason why the Fed should stop raising rates. International oil and resource markets will continue to instigate inflationary pressures, and these can be little affected by Fed policy, he said. If it chooses to raise interest rates further, the Fed will do little to curb inflation but risks throwing the economy into recession and stagflation. Read more.

Financial Times June 28, 2006 The Smiths Schools video and audio podcasts are highlighted as part of trend for business schools to use hi-tech learning tools. A similar initiative by Dukes Fuqua School is also mentioned. The story includes a quote from Jeff Heebner, managing director for marketing communications, following a news release. Read more.

Lou Dobbs Tonight/CNN June 21, 2006 One segment focuses on the Bush administrations borders policy and immigration laws. Business professor Peter Morici says, When we elect officials, we expect them to act on our behalf. When we get involved in cooperative frameworks with other countries for joint regulation of fisheries or rail transportation or the skies, we're basically sharing our sovereignty with that government and outsourcing some of what we give our elected officials. Read more.

Los Angeles Times June 15, 2006 Some economists including business professor Peter Morici worry that with inflation rising and potential for another interest rate hike from the Federal Reserve, the economy could be headed for stagflation: rising prices in a languishing economy. My feeling is were headed for a tragedy here, Morici said. Read more.

Pittsburgh Post-Gazette June 15, 2006 Though GMs struggles are making headlines, Ford Motor Co.'s prospects may be bleaker. The automaker has failed to introduce new, attention-grabbing models and has seen big declines in sales of many models. Peter Morici, business professor, said consumers see Fords models as dull, and he says the family-owned company is not focusing enough resources on differentiation. Its a politically correct company making mediocre products. They do have some good products, just not enough of them, Morici said. Read more.

The New York Times June 11, 2006 Harvard Business School graduate Adam Richman, while still at Harvard in 1995, decided to explore the real-world value of an MBA from the Ivy League school. He decided to track a core group of his classmates and interview and film them every five years about careers, leadership and success until 2026. The series is a look at the value Harvard grads are reaping from their education. The article looks more broadly at the value of an MBA degree and refers to a Smith School study that finds recruiters paid higher salaries to grads of top-tier business schools. The schools prominence provides legitimacy in the eyes of third parties, said Violina P. Rindova, associate professor and co-author of the study. Read more.

The Washington Post June 11, 2006 The New York Stock Exchanges plan to buy the Paris-based Euronext European stock exchange for $10 billion wont impact investors much at first but hold promise for the future. Professor Peter Morici is quoted saying regardless of the merger, trading costs will go down because of electronic trading, deregulation, globalizations and other factors. Read more.

Wall Street Journal Online June 10, 2006 Rising oil prices and imbalances with China helped push the U.S. trade gap wider in April after two months of improvement. Business professor Peter Morici said the situation is likely to worsen in the coming months, as the U.S. dollar remains overvalued against the Chinese yuan and other Asian currencies.

Christian Science Monitor June 5, 2006 Recent college graduates and 20-somethings are increasingly turning to life coaches and other professionals to help determine their paths. Some of the push to get help comes from parents, because many are cognizant that two, three years out of college their children are inadequately employed, said Peter Morici, business professor. But, he said, professional mentors may be preying on insecurities young adults pick up from college rankings and starting-salary guides.

Delaware News Journal June 4, 2006 DuPont Co. continues to research and develop new products and the next generation of current ones. But Ken Smith, professor of business strategy, says large corporate R&D departments like DuPonts are no longer the dominant engines of innovation they once were. Large companies are increasingly acquiring new products and technology from smaller companies and academia, he said. Read more.

Los Angeles Times June 1, 2006 Market forces U.S. trade deficit for foreign goods, economic growth in other countries, slowing U.S. economic growth, rising interest rates abroad are aligned to drive the dollars value down no matter what Bush administration officials say. Business professor Peter Morici says The day will come when China and the rest of the world will tire of lending Americans what they need to live well. Read more.

The Providence Journal June 1, 2006 Last year was a good one for both high-end and low-end retailers as consumer confidence ended 2005 high, even through hurricanes, high energy prices and inflation. But consumer confidence is showing a drop-off now. Business rofessor Peter Morici says the consumer wont be the economys primary lift anymore. Were going to have to get our sources of growth somewhere else, he said. Read more.

May 2006

USA Today May 31, 2006 Marketing chair Roland Rust talked about the concern airlines should pay to public perception of frequent-flier programs in a Money section cover story. Its never a good idea to have a large number of your best customers mad at you, as seems to be the case these days, he said. Read more.

Boston Globe May 26, 2006 Nationally syndicated columnist Ellen Goodman writes about the nightmare of feature creep, stemming from an electric toothbrush so complicated it came with an instructional DVD. She spoke with marketing chair Roland Rust and bases her column around his feature fatigue research. The story appeared in outlets including the Deseret Morning News, the Austin American-Statesman, the Cincinnati Post and the Pittsburgh Post-Gazette. Read more.

The Economic Times May 26, 2006 Decision and Information Technologies Chair G. Anandalingam writes an opinion article about the nonresident Indian way for Indias Economic Times. He writes Indian parents value the success of their children as one of the most important things in their lives, and many times that success is measured by acceptance to an Ivy League school. To illustrate his point that families are so aggressive about standing out to be attractive to top schools, he uses the story of Kavvya Viswanathan. The Harvard students first novel, How Opal Mehta Got Kissed, Got Wild and Got a Life which she wrote while in high school got pulled by her publisher because of the discovery of multiple counts of plagiarism. Read more.

ABC News.com May 23, 2006 Business professor Peter Morici answers the questions of what is going on in the stock markets and where are they going from here. He says foreign equity markets are shaky and the U.S. economy is expected to slow down. Read more.

Voice of America May 19, 2006 Marketing department chair Roland Rust talks to Voice of America for a television news segment about shock advertising, realistic advertisements causing a stir, such a Volkswagen Jetta commercial that shows drivers getting into car accidents. Read more and watch online.

Washington Post May 19, 2006 Federal Reserve Chairman Ben S. Bernanke said the U.S. housing market was showing clear signs of cooling off, but called the slowdown moderate and orderly. Professor Peter Morici said Bernankes comments were right on and the said the rising interest rates signal a healthy economy moving away from dependence on the housing market. Read more.

Bloomberg May 18, 2006 Columnist Andy Mukherjee explores the debate that China is manipulating or misaligning its currency against the U.S. dollar. Peter Morici, professor of international business, says the administration's failure to name and shame China seems to suggest that Treasury Secretary John Snow isn't pushing hard enough. It would seem that Secretary Snow would like China to volunteer that it is manipulating the global commercial system,'' Morici says. Read more.

Financial Times Online May 17, 2006 The U.S. Department of Education awarded the Smith School a Center for International Business Education grant. The center is described, following a news release, on the papers Web site and the story includes a quote from center co-director and Associate Dean Scott Koerwer. Read more.

MarketWatch May 17, 2006 Chinas growing market is spurring growth in neighboring Asian countries. China is also headed up-market in both quality and type of goods it makes, said professor Peter Morici. "Whatever is easy to make, the Chinese will be doing soon -- if they're not already. They have cash to buy any know-how they want," he said. Read more.

Associated Press May 16, 2006 The European Commission said that Slovenia could become the first new user of the euro since the currency was launched four years ago. Business professor Peter Morici says widening the euros area bolsters the currencys credibility in the eyes of the world. Read more.

Associated Press May 15, 2006 The APs Tom Raum analyzes President Bushs approach to immigration policy after his televised speech from the Oval Office. Professor Peter Morici says big business wants more immigrants and the immigration situation is beyond anyone's control. [Immigrants] impact on the U.S. economy is so profound, it cannot be reversed, he said. Read more.

Business Week Online May 15, 2006 Though its getting late in the traditional hiring season, its never too late to find the right job. Tips for finding a job include advice from Lindsay Terry, manager of undergraduate employer development. She says marketing and advertising positions come up in the summer. Read more.

KoJo Namdi Show May 15, 2006 Strategy and Organization Professor Anil Gupta joins radio host KoJo Namdi and author AnnaLee Saxenian to discuss the brain drain of high-tech workers from Asia to the U.S. Some say this is more brain circulation than anything, as technically skilled entrepreneurs return to their home countries and seek opportunity in the global economy. Listen online.

Christian Science Monitor May 15, 2006 Consumers are more and more frustrated with electronic gadgets overloaded with features. Half of gadgets are brought back to stores in perfect working order. Marketing chair Roland Rust talks about feature fatigue and explains that so many features are added to products because with microprocessors, its so easy for engineers to add dozens of extras. Read more.

Washington Post May 3, 2006 Buying and playing video games on mobile phones is a trend that wont seem to stick a new report says this is because prices, choice and lack of interest have kept sales from growing. Game companies are banking on better phones and faster downloads to bolster cell phone gaming. But consumers just may not be using their cell phones for much more than making calls. Smith researchers feature fatigue study is mentioned and marketing chair Roland Rust weighs in, saying people prefer simpler devices. Read more.

The Providence Journal May 2, 2006 Officials and economists said the economic impact of the May 1 immigration demonstrations and boycott was minimal. Professor Peter Morici said businesses/industries could work around the events, unlike, for example, the situation in New York City when transit workers went on strike last December. People who are staying home today arent in critical positions, he said the day of the strike. He pointed to the statistics that illegal immigrants make up less than 10 percent of the nations workers and contribute less than two percent to the gross domestic product. Read more.

Washington Post/Associated Press May 3, 2006 Though European consumers are feeling the effects of rising gas prices at the pump and in monthly energy bills, European economies have resisted price shock. Professor Peter Morici says the U.S. economy also is resilient to higher gas prices because Americans can afford to spend a little more on gas by spending a little less on other things. Read more.

CNN.com/Lou Dobbs May 1, 2006 Lou Dobbs comments on the May 1 immigration demonstrations and boycott, pointing out media coverage is not attentive enough to the fact that the debate centers on illegal immigrants. He quotes Professor Peter Morici talking about the meat-packing industry and how illegal immigrant workers are working for lower wages, therefore dropping wages for semiskilled American workers. Read more.

April 2006

The (Baltimore) Sun April 30, 2006 The Baltimore neighborhood of Keswick, also known as Alonsoville, has an unusually high number of entrepreneurs working from their homes in various fields. The unifying trait of these entrepreneurs is just being an entrepreneur. Associate professor of entrepreneurship J. Robert Baum attributes the clustering in Alonsoville to human nature we tend to be around our own kind. Read more.

Washington Post April 29, 2006 The U.S. economy grew 4.8 percent in first quarter of 2006, compared with 1.7 percent in the previous quarter. Professor Peter Morici says the remarkable pace reflects shifts in the sources of demand. According to Morici, business investment is increasingly the engine pulling the economy forward. Read more.

Digital Edge/WRC-TV NBC 4 April 23, 2006 I.J. Hudson explores feature fatigue when consumers become frustrated and overwhelmed by the number of gadgets on the their digital products with researcher Roland Rust, marketing department chair. Though consumers are more attracted to feature-packed digital products when they're shopping, many become frustrated and dissatisfied with complicated digital cameras, cell phones and other gadgets after they bring them home.

Washington Times/Associated Press April 22, 2006 Fed up with too many features complicating digital products, marketing Professor Roland Rust, Associate Professor Rebecca Hamilton and PhD candidate Debora Thompson studied a phenomenon they dubbed feature fatigue. Their research and results are profiled by the Associated Press, along with an interview with Rust. Read more

Newshour with Jim Lehrer April 21, 2006 Business Professor Peter Morici comments on the importance of automobile manufacturing in Americas manufacturing sector as part of an introduction to an interview with General Motors CEO Rich Wagoner. Read more, watch or listen online.

Christian Science Monitor April 21, 2006 Last week federal immigration officials arrested more than 1,100 suspected illegal immigrants on the job in manufacturing facilities, as well as people believed to have hired them. Professor Peter Morici weighs in: "In a world where illegals can register kids for school, where state police stop them on speeding violations and don't tell federal authorities, the reality is it's very difficult for the federal government to do this alone. Politicians are very happy to hammer on employers, but they're not willing to take actions within their grasp" to pass comprehensive reform, he said. Read more.

Wall Street Journal April 20, 2006 Ex-academic Mark Carhart and a former University of Chicago colleague manage a Goldman Sachs hedge fund with an estimated $10 billion in assets. Smiths Russ Wermers, an associate finance professor, says he wouldnt have predicted his unpretentious former colleague Carhart would become a master of the universe. The hedge fund managers still refer to their academic roots to make decisions, last year calling on Wermers to present his investment research. He recounts his visit to Goldman, which he said was kind of a high-pressure event. They asked very, very tough questions.

New York Times April 20, 2006 The United States is pushing China to raise the value of its currency, which may encourage the worlds most populous country to buy more American-made goods. Raising the value would make Chinese exports more expensive and foreign goods more competitive in China. Peter Morici, business professor, contends China will transition to higher-end goods whether or not the country ups the currency value. Read more.

BBC News April 20, 2006 Beleaguered car giant General Motors has remained in the red for the sixth straight quarter. GM is making more vehicles and selling fewer of them, said Peter Morici, business professor. He said during the quarter GM's market share fell from 25.2 percent to 23.7 percent, and pointed to figures suggesting that although GM was building more cars, it was selling fewer of them. He also said GM needed to further reduce its labor costs and bring them in line with Asian competitors operating in the United States. Read more.

Wall Street Journal April 19, 2006 New housing construction fell 7.8 percent in March and home builders are increasingly pessimistic, signaling a further weakening housing market. At the same time, wholesale prices were up last month, but subdued underlying prices suggest inflation is rising at only a moderate pace. Business Professor Peter Morici says outside the energy sector, wholesale price inflation remains in check and the outlook for consumer prices remains good.

Lou Dobbs Tonight/CNN April 19, 2006 CNN correspondent Kitty Pilgrim explores the $16 billion China spent in recent deals with U.S. companies, which many people see as designed to ease trade tensions, though ineffective when dealing with a $202 billion trade gap. Business professor Peter Morici calls trade deals with China unfair and unbalanced, and says they are destroying American jobs. Read the transcript

Future Tense/American Public Media April 19, 2006 Host Jon Gordon interviews marketing chair Roland Rust about his feature fatigue research that concludes though consumers are more attracted to feature-packed digital products when they're shopping, many become frustrated and dissatisfied with complicated digital cameras, cell phones and other gadgets after they bring them home. Listen online.

Reuters April 19, 2006 Rising gas prices could spell trouble for General Motors new sport-utility vehicles, which analysts count as crucial to the struggling auto giants turnaround efforts. Peter Morici, business professor, weighs in, saying GM will struggle to sell as many vehicles as they did least year.

Washington Times April 17, 2006 Columnist Mark Kellner blogs about research from Professor Roland Rust, Associate Professor Rebecca Hamilton, and PhD candidate Debora Thompson that determines that too many features on digital products can be too much to handle. Read more.

The Economist April 12, 2006 In a letter to the editor, business Professor Peter Morici argues that increasing the value of the Chinese yuan would push up prices for Chinese imports and purchases from the U.S. would shift to other Asian countries. But he says this shift would only sustain if Asian governments replaced Chinese intervention in currency markets and sterilized their purchases to avoid liquidity-driven domestic inflation. Morici said this is very unlikely, so eventually all Asian currencies would rise against the American dollar.

Financial Times April 9, 2006 Chinas strengthening economy has attracted a growing number of business schools in Beijing and Shanghai that are forging links with their U.S., U.K., Australian, European, and Hong Kong counterparts, all dedicated to developing MBA and part-time executive MBA programs that put students on the fast track to global business leadership. The Robert H. Smith School of business is among the programs highlighted and Walter Czarnecki, manager of the schools China Business Development and Executive Programs in Beijing talks about the importance of locating the programs in China. Read more.

Seattle Times/Associated Press April 9, 2006 Though not always trustworthy or accurate, stock analysts predictions still influence trading. But last quarter their estimates were off at least five percent more than half the time and investors should keep in mind the potential flaws analysts picks carry. Assistant Professor of Finance Mark Chen has studied analysts conflicts and says their recommendations should be taken with a grain of salt. Read more.

All Things Considered/NPR April 3, 2006 General Motors, the world's largest automaker, will sell its financial arm, GMAC, for $14 million in a deal company officials hope will bolster turnaround efforts. But the sale of the companys only profitable division highlights GMs weaknesses. Peter Morici, business professor, provides past examples of large companies that tried to restructure outside of bankruptcy but could not. Listen/Audio or Read more.

Newsweek April 3, 2006 General Motors has grappled with decreased market share and mounting losses in the United States, but the automakers future may lie in Shanghai, not Detroit. GM was the No. 1 car seller in China in the last quarter of 2005. Business Professor Peter Morici comments on GMs struggles and latest sell-offs to stay afloat in America. Read more.

March 2006

Chronicle of Higher Education March 31, 2006 Dean Howard Frank and wife Jane, art dealer writer and former adjunct instructor, talk about their collection of fantasy art in the Chronicles Academic Life section. Select pieces from the Franks large collection of fantasy art paintings, drawings and sculptures that depict themes of good and evil, mythical creatures, spaceships, and such figures as damsels, vampires and heroes was on display last year in what is now the best-attended exhibition in the University of Maryland Art Gallery's history. Read more.

BusinessWeek Online March 27, 2006 Former Dingman scholar Dominic Crapuchettes, MBA 2004, gives BusinessWeek a glimpse at a day in his life as founder and co-manager of North Star Games, a Maryland company that designs, publishes and markets original board games. The company's game, Wits & Wagers, was featured in a news article in the April 10 issue of Time magazine. Read more.

NewsHour with Jim Lehrer March 23, 2006 General Motors, the world's largest automaker, announced that it will sell a majority interest in its commercial mortgage division to an outside investment group after it offered to buyout more than 115,000 hourly workers on Wednesday. Peter Morici, business professor, is one of two guests to discuss what this means for the future of General Motors and other auto companies. Read more.

Day to Day/NPR March 21, 2006 Peter Morici, business professor, is interviewed by correspondent John Dimsdale about what Morici sees as good prospects for higher inflation on the economic horizon. Read more.

BusinessWeek March 20, 2006 BusinessWeek mentions research co-authored by Violina Rindova, Smith School associate professor, in an article that examined the true value of an MBA among the five highest-paid executives at each of the S&P 100 companies in 2004. Read more.

Associated Press March 17, 2006 Quotes from Mark Chen, assistant finance professor, are featured in an article about the power of analysts in moving the stock market and influencing investors. Chen bases his remarks on his research of analysts conflicts of interest. Read more.

Morning Edition/NPR March 13, 2006 In the wake of the Dubai Ports World deal, some members of Congress want to crack down on foreign ownership of ports. Peter Morici, business professor, offers expert comments on national radio on the politics of ports security following the introduction of Congressional legislation. I think this legislation is a mistake, said Morici. Read more.

Weekend Edition/NPR March 11, 2006 Roland Rust, Holder of the David Bruce Smith Chair of Marketing, is interviewed on national radio about his research co-authored by Rebecca Hamilton, assistant professor, and Debora Viana Thompson, doctoral student -- on feature fatigue. Rust gives examples of products suffering from feature fatigue and explains to listeners what they can do to avoid getting caught in the feature fatigue trap. Read more.

ABC World News Report March 10, 2006 Peter Morici, business professor, is featured on a wide national stage as he comments on Friday's job report. Morici says, Basically, manufacturing's in neutral while everybody else is expanding. That has not been a great recovery for ordinary workers. Read more.

Marketplace March 10, 2006 The number of billionaires jumped 15 percent this year over last, according to Forbes magazine. David Kirsch, assistant professor, is interviewed on the national radio program, Marketplace, about the phenomena. Read more.

Lou Dobbs Tonight/CNN March 9, 2006 Peter Morici, business professor, is a guest on national television for a story on President Bushs policy decisions. Morici discusses the Presidents actions as they relate to business interests. Read more.

WUSA-TV March 8, 2006 Television news anchor Bruce Leshan profiles Smith School research from Roland Rust, Holder of the David Bruce Smith Chair of Marketing, and Rebecca Hamilton, assistant professor, and Debora Viana Thompson, doctoral student -- on feature fatigue", or the phenomena of too many product features turning consumers off. Rust shows examples of products suffering from feature overload as well as those that offer a better experience for users because of their simplicity. Read more.

Newhouse News Service March 3, 2006 A story that touches on RFID and its everyday applications includes expert quotes from William DeWitt, Tyser Teaching Fellow, following a visit by the reporter to Smiths state-of-the-art RFID lab. Read more.

February 2006

NBC Nightly News February 26, 2006 Peter Morici, business professor, is a guest and speaks about Wal-Marts steps to expand health benefits for some of its employees. Morici points out that problems extend beyond Wal-Mart to the state of the U.S. health care system. Read more.

Lou Dobbs Tonight February 24, 2006 Peter Morici, business professor, is a repeat guest for the second evening in a row and comments on the purchase of U.S. ports by a Dubai company.

Lou Dobbs Tonight February 23, 2006 Peter Morici, business professor, is a guest and says of the purchase of U.S. ports by a Dubai company, We have erred on the side of commercial interests, and we have not given adequate weight to the legitimate security concerns of the American people. We need to limit foreign investment for strategic transportation assets that provide entree into the United States and can be the vehicles of access for terrorists. Read more.

The New York Times February 23, 2006 A story about the need for small businesses to prepare in the event of an avian flu pandemic includes practical advice from Peter Morici, business professor, including mentioning that it is a good idea for small businesses to start networking to find a source of replacement workers. Read more.

The Globe and Mail February 16, 2006 Research from Roland Rust, holder of the David Bruce Smith Chair of Marketing, and Rebecca Hamilton, associate professor, on feature fatigue that was profiled in the February Harvard Business Review is also featured here. Read more.

Washington Times February 17, 2006 Logo clothing feels the thrill of victory, too, when an Olympic medalist scores in their togs. Roland Rust, holder of the David Bruce Smith Chair in Marketing, comments on the value in outfitting Olympic athletes in branded sportswear. Read more.

Chronicle of Higher Education February 17, 2006 A story about foreign institutions operating in China includes extensive mention of the Smith Schools Executive MBA programs in Beijing and Shanghai as well as quotes from Walter Hutchens, assistant professor, on the educational and business environment. Read more.

The (Baltimore) Sun February 16, 2006 Asher Epstein, managing director of the Dingman Center for Entrepreneurship, offers expert quotes in a story about search engine Google's stock price plunge. Read more.

The Globe and Mail February 16, 2006 A story about resources to help consumers compare auto information highlights compelling new research from the Smith Schools department of decision and information technologies. Read more.

USA Today February 15, 2005 Roland Rust, holder of the David Bruce Smith Chair in Marketing, comments that there's a great deal at stake in the Winter Olympics in a columnists article pointing out that the Winter Games have gone Hollywood. Read more.

IT World February 14, 2006 A book that gives senior IT executives an economic approach to allocating security funds, Managing Cybersecurity Resources: A Cost-Benefit Analysis, by professors Lawrence A. Gordon and Martin P. Loeb, is favorably reviewed as providing a framework for building compelling business cases that will warm the cockles of the CFO's heart. Read more.

CNN/Lou Dobbs Report February 10, 2006 Peter Morici, business professor, is interviewed on national television about the U.S. trade deficit and economy.

Harvard Business Review February 2006 Research on feature fatigue from Roland Rust, holder of the Bruce David Smith Chair of Marketing and the director of the Center for Excellence in Service, Rebecca Hamilton, assistant professor, and Debora Viana Thompson, PhD student, is featured based on a series of studies that were conducted in the marketing departments Center for Excellence in Service. Read more.

The Chronicle of Higher Education February 10, 2006 A study from Ian Williamson, assistant professor, and Violina P. Rindova, assistant professor, finds that companies pay higher salaries to graduates of the most prominent business schools, even when they believe that lesser-known schools offer better educations. The study is described in the December/January issue of the Academy of Management Journal and was also the subject of related articles in The Washington Post (1/29) and the Daily Californian (2/1). Read more.

Nightly Business Report (PBS) February 9, 2006 Research by Roland Rust, director of the Center for Excellence in Service, and Rebecca Hamilton, assistant professor, on feature fatigue is featured in national television commentary about research of note from this months Harvard Business Review. Read more.

The Baltimore Sun February 5, 2006 Janet Wagner, assistant chair of the marketing department, is quoted in an article about a local focus group analysis firm. Read more.

 WSJ.COM February 3, 2006 In a round up of leading economists views in reaction to a Labor Department report on unemployment, Peter Morici, business professor comments on how adult labor force participation has fallen significantly since George Bush took over stewardship of the economy. Read more.

Financial Planning February 2006 Research from Russ Wermers, professor, is highlighted in a story about mutual funds. Wermers research found that managers who had the most so-called style drift outperformed the most faithful style-box-dwelling managers by 3 percentage points. Read more.

January 2006

Fortune China January 2006 Howard Frank, dean was featured in a page-and-a-half profile and Q&A in Chinas Fortune Magazine. During the interview Frank discusses trends among top business schools including the need for a focus on technology. Frank also stresses quality being a key factor for success and highlighted his vision for Smith to expand internationally and compete on a global scale.

United Press International January 31, 2006 Advertisements comparing two brands are frequently ineffective. Whether such ads are effective depends on how a consumer thinks about the ad according to research from Rebecca Hamilton, assistant professor. The study will appear in the March issue of the Journal of Consumer Research. Read more.

Financial Times January 30, 2006 The U.S. MBA market is stabilizing and looking upbeat. Scott Koerwer, associate dean of professional programs and services, adds insight into the vital importance of being engaged in a multinational arena for schools with world-class status and aspirations. Read more.

The Washington Post January 29, 2006 Research profiled from the Smith School and Ian Williamson, assistant professor, and Violina P. Rindova, associate professor, found that companies award the highest salaries to graduates of business schools that corporate recruiters regard as the most prominent, rather than to the graduates of schools the recruiters believe have the best and brightest graduates. The research was also profiled in an article in the Chronicle of Higher Education (1/31). Read more.

The Baltimore Sun January 29, 2006 Joshua Newberg, assistant professor, offers expert comment and the view that companies and individuals are now more cautious in an article about lessons learned following the Enron scandal. Read more.

CNN: Lou Dobbs Tonight January 25, 2006 Peter Morici, business professor and auto industry expert, appears on national television for an interview about reshuffling announced at Ford Motor Co. Read more.

NBC Nightly News January 24, 2005 Peter Morici, business professor and auto industry expert, appears on national television for an interview about reshuffling announced at Ford Motor Co. Read more.

ABC World News Tonight January 23, 2006 The Ford Motor Company announced that it will close 14 facilities and lay off up to 30,000 workers, representing a quarter of its work force. Peter Morici, business professor and auto industry expert, appeared on national television to comment on Fords outlook for the future. Read more.

BusinessWeek Online January 19, 2006 Janet Richert, managing director of the office of career services, adds insight into an article that points out an MBA can be a strong launching pad into a new career as an entrepreneur. Read more.

Times of London January 10, 2006 An article takes a look at reforms put in by the investment industry. Mark Chen, assistant professor of finance, comments on one controversial area brokers pushing stocks of companies their firm depends on for fees. Chens research of financial information from 232 companies found there was a strong correlation between analysts recommendations and the degree to which the Wall Street firm was dependent on a company for fees. But there was no evidence that this had any serious misleading effects on investment behavior. Read more.

BusinessWeek January 7, 2006 A special feature about Chinas growing MBA market includes a quote from Scott Koerwer, associate dean of professional programs and services, about the importance of the China market, and mention of Smiths EMBA programs as among the quality and successful programs offered on the mainland. Read more.

Reuters January 6, 2006 U.S. short-term interest rate futures dealers continued to expect one or two more rate hikes from the Federal Reserve after a neutral December payrolls report. Peter Morici, business professor, provides an expert quote offering further insight in to the impact on the U.S. economy. Read more.

BBC News January 6, 2006 Peter Morici, business professor, makes a prediction that Korea-made cars will surge ahead of their American competitors following this years Detroit Motor Show. Read more.