News at Smith

Jun 03, 2015

Do you own the car you've bought and paid for? You don't own the software inside the "electronic control units" (often 30 or more) that regulate emissions, steering and other aspects of the car's behavior, according to automakers in a closely watched case before the U.S. Copyright Office. You merely license that code, and no one can break the "technological protection measures" walling it off in order to tweak it without violating

Jun 02, 2015

Not reaping the expected benefit of cheap oil, the U.S. economy shrank at an annualized pace of 0.7 percent in the first three months of this year. “When data do not fit expectations, the knee-jerk reaction is to look for excuses,” says Bill Longbrake, executive in residence at the University of Maryland's Robert H. Smith School of Business Center for Financial Policy. “Was it bad weather, the West coast dock strike

May 28, 2015
World Class Faculty & Research

A surge of shareholder activism has fueled debate about how companies should balance dividend payouts with long-term investment, but an economist at the University of Maryland’s Robert H. Smith School of Business says the money gets reinvested either way. "The money won for shareholders does not disappear," professor Peter Morici writes in a national column. "It may not get spent on immediate consumption but often

May 28, 2015
World Class Faculty & Research

Restaurants often come across as desperate when they offer Groupon-style deals, but a new study from the University of Maryland's Robert H. Smith School of Business suggests that certain types of venues can escape the damage to their reputations. That's because the negative effect tends to be concentrated on restaurants at lower price points. In the case of upscale restaurants, offering a deal either does not hurt the reputation

May 28, 2015
Community

Eight staff members at the Robert H. Smith School of Business were awarded Staff Excellence Awards at the end-of-the-semester assembly on May 8, 2015.

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