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
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
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.
The Robert H. Smith School of Business at the University of Maryland is recognized as one of the top research institutions in the world, but it is also a place where students can learn from some of the best teachers in the business. Each year, Smith awards three different honors to its faculty members who have demonstrated a passion for teaching excellence: The Distinguished Teaching Awards, the Krowe Teaching Excellence Awards and the Legg-Mason Award.
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