Two massive drug companies, New York-based Pfizer and Dublin-based Allergan (maker of Botox), are discussing a merger that could end up being the biggest in a year of blockbuster combinations. The merger also reignites debate over the corporate tax rate in the U.S., given that Pfizer's CEO has made it clear that a chief goal of the plan is to cut Pfizer's tax rate. Smith School finance professor Michael Faulkender
For the seventh consecutive year, students from the University of Maryland’s Robert H. Smith School of Business joined some of Wall Street’s smartest investors for a Barron’s Roundtable.
Gaming as a customer engagement tool has been around since the invention of dice and playing cards. But Smith School professor Oliver Schlake says people who put Pong and its modern successors in the same leisure category underestimate the power of digital interaction to motivate behavior and drive business results. Read more
San Francisco voters had a chance Tuesday to kick Airbnb to the curb with a ballot measure designed to restrict short-term housing rentals. Instead, the San Francisco-based company and similar firms, such as VRBO and HomeAway, scored a comfortable victory. One reason might be an $8 million Airbnb campaign, but Smith School professor Oliver Schlake traces Airbnb’s success to another factor. He says travelers simply
Supply chain experts at the University of Maryland’s Robert H. Smith School of Business have spurred the implementation of a new system that will accelerate trade and save U.S. businesses money and time. Soon, the current paper-based system required by the U.S. government to import or export cargo will give way to the new “single window,” electronic data collection process, dubbed the International Trade Data System. It becomes mandatory in February 2016.