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Business in Brief

(11/05/02 12:02am)

NEW YORK -- Wall Street's momentum extended into a new week Monday, its optimism from a month of gains boosted by approval of Microsoft's antitrust settlement. Technology enjoyed the biggest gain Monday. The Nasdaq composite index closed up 35.82, or 2.6 percent, to 1,396.52, according to preliminary calculations.


Real skills in a virtual market

(11/04/02 11:39pm)

"How sexy is your portfolio?" The question serves as the slogan for The Equities Cup, IU's virtual stock market competition. The Cup competition pits students against each other to create the most successful stock portfolio. Fraternities, sororities, clubs and individual groups are given $100,000 in "play" money to invest as they choose. In the course of the semester, teams test strategies and manage portfolios in an effort to create the most profitable portfolio.



Ethics training for workers now common post-Enron

(11/04/02 11:45pm)

WASHINGTON -- In the post-Enron business world, corporations are training employees how to be ethical just as they teach them about making a sale or balancing the books. In the last three months alone, some 100 companies have hired ethics officers, a response to the rash of corporate scandals that have involved such former high-fliers as Enron, WorldCom and Global Crossing.


Students' Web solutions out of this world

(11/11/02 11:27pm)

After turning down an estimated $50,000 worth of work because he couldn't keep up with the demand, Justin Greis realized he needed help. Greis, a 22-year-old MBA student in the accounting program, recruited his buddies -- Dan Jess, Chris Andrus, Dan Veatch and Tyler McPheeters -- to help him start BrainOrbit. The company helps clients with small-scale enterprise resource planning, creating CD-ROMs, Web sites, training and small business solutions.





Is 'Generation Y' ready to buy?

(11/18/02 11:42pm)

From 1965 until 1975, about 40 million American babies, destined to become a generation of society's blacklisted slackers, were born. Generation X could not compete with the ranks of the Baby Boomers, who by 1965 were 75 million strong and looking forward to their chance to take over the world. Generation X was forced to grow slowly in the looming shadow of the free-spirited Baby Boomers, which created a stigma that has never been diminished.




Entertainment options abound for IU students

(11/25/02 11:28pm)

After being involved in the business school curriculum for some time, junior Eddie Anderson has been exposed to the real options that are offered to students at the Kelley School of Business. Lucrative job opportunities with companies from Phillip Morris Companies Inc. to Proctor & Gamble are all available to them. But for Anderson, a once aspiring Broadway actor, this wasn't what he wanted.





Medical premiums rising for IU workers

(12/02/02 11:27pm)

Medical premiums will jump 12 to 30 percent next year for IU faculty and staff, a double-digit increase for the third consecutive year. But the impact will be softened, as the University will also raise its health-care contributions by a double-digit rate. The University plans to offer six kinds of medical plans in 2003, and four of them will demand higher premiums than this year, depending on the size of family an employee insures, according to documents published by the IU Human Resources Services. The premium increase will range from $29 to $149 a month. Costs are generally higher for employees insuring their kids, spouse or entire family.