Martin Shkreli became the Internet villain of the fall (some publications used much harsher language) when his company, Turing Pharmaceuticals, acquired the rights to Daraprim, which treats a condition called toxoplasmosis — and promptly raised the per-pill price from $13.50 to $750. The move was entirely legal, but a bipartisan U.S. Senate committee is looking into what one senator called "price gouging" in the industry.
Entrepreneurs beat long odds when they launch a company, scale it up and sell it to investors. Jason Cohen ’96 has done it five times in 15 years.
The proportion of federal employees under age 30 has shrunk from 9.1 percent in 2010 to 6.6 percent in 2014. How can the hiring trend shift? Smith School professor Gerald Suarez tells the Baltimore Sun that while NASA and intelligence agencies appeal to Millennials, they’re turned off by bureaucracy and stagnant institutions.
Be part of the annual holiday video for the University of Maryland's Robert H. Smith School of Business! Auditions on Monday, Nov. 30 and Thursday, Dec. 3.
In this edition of Smith Business Close-Up, host Jeff Salkin visits the Smith School to sit down with Martin Dresner about his new research that shows the upsides of baggage fees: not just improved the bottom lines for airlines, but also better on-time records and fewer customer complaints about lost bags.