Category Archives: Economy

U.S. Workers Are ‘Giving Away The Store,’ Costing Firms Billions

EAST LANSING, Mich. — Nearly 70 percent of the nation’s service employees give away free goods and services – from hamburgers to cable TV – costing companies billions of dollars a year, according to a groundbreaking study.

Clay Voorhees, study co-author and marketing expert at Michigan State University, said one of the best ways to combat this illegal practice – called “sweethearting” – is through better screening of job candidates. (more…)

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Commentary in Nature: Can Economy Bear What Oil Prices Have in Store?

Stop wrangling over global warming and instead reduce fossil-fuel use for the sake of the global economy.

That’s the message from two scientists, one from the University of Washington and one from the University of Oxford in the United Kingdom, who say in the current issue of the journal Nature (Jan. 26) that the economic pain of a flattening oil supply will trump the environment as a reason to curb the use of fossil fuels. (more…)

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How the Big Three forgot Accounting 101

EAST LANSING, Mich. — The Big Three were so driven by short-term profits that they forgot – or ignored – basic accounting practices that could have guarded against production decisions with long-term damage, according to an award-winning study by Michigan State University and Maastricht University in the Netherlands. (more…)

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Research Focuses on Youth, Chronic Illness and Employment

PhD candidate explores their interconnection

Like any 28 year old, Arif Jetha, a fourth-year PhD candidate at the University of Toronto’s Dalla Lana School of Public Health, is worrying about his future. Once he completes his PhD, should he remain at home with his parents and pursue post-doctoral work or move on to full-time employment and begin establishing his career? (more…)

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