Walmart Counters Amazon With Its Own 'Prime' Service
SMITH BRAIN TRUST — Amazon may be synonymous with online shopping and fast shipping, but Walmart isn't ceding the e-commerce field to its hipper rival. Walmart announced last week that it was ramping up its efforts to counter Amazon's very successful Amazon Prime program — for $99 a year, Amazon offers free two-day shipping and a host of other benefits, i
Saudi Arabia to Partly Privatize World's Biggest Oil Company
SMITH BRAIN TRUST — Saudi Arabia has announced a plan to spin off about 5 percent of its state-owned oil company, Saudi Aramco — which, at $2 trillion (some estimates are even higher), may be the most valuable company on Earth.
Making Sense of Berkshire’s Bite of Apple
SMITH BRAIN TRUST — Berkshire Hathaway’s small but much-discussed bite of Apple suggests a vote of confidence for a tech giant that had been sliding in the stock market.
The Role of Innovation in Battling Climate Change
Experts at a recent University of Maryland event said innovation will play a key yet unpredictable role as the United States moves toward meeting the goals set forth in the Paris Agreement on climate change, namely keeping the global temperature rise to significantly below 2 degrees Celsius. Current projections about slowing climate change may be pessimistic, but such pessimism involves extrapolating from current sociological and technological trends. Human ingenuity "is not in the models," said David A.
Smith Honors Faculty & Staff with Excellence Awards
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 a highly supportive community. At the end of each academic year, the school honors its outstanding faculty and staff members with awards of excellence. The awards were presented at the School Assembly on May 6, 2016.
Why ‘Family’ CEOs Think Differently
Founder-CEOs and CEOs related to the founder see the world differently than CEOs of non-family firms, and they pursue different strategies, according to new research from the Robert H. Smith School of Business at the University of Maryland.
In Trucking Industry, Fights Over Efficiency Versus Safety
SMITH BRAIN TRUST — Crashes of large trucks are on the rise in the United States.
Restaurants Fight Back Against No-Shows
SMITH BRAIN TRUST — Online services such as OpenTable make it easy for consumers to make restaurant reservations — and not show up. But higher-end restaurants are countering this, and the trend is global:
Mark Wellman Receives “The Face of Their Field” Award
Mark Wellman, clinical professor and director of the College Park Scholars Business, Society & Economy (BSE) program, was presented with the “The Face of Their Field” Award at the Sixth Annual Faculty/Staff Appreciation ceremony organized by students and staff in the College Park Scholars community held on Friday, April 29, 2016. Wellman, has been the director of the Business, Society and the Economy (BSE) program for the past nine years.
Scholars and Industry Leaders Honor Albert 'Pete' Kyle
Leading academics, bankers and regulators gathered at the Robert H.