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Pre-Labor Day gains boosted by technology

(09/02/03 1:26am)

NEW YORK -- Tech stocks achieved their seventh straight monthly advance and blue chips their sixth Friday in an otherwise unremarkable pre-Labor Day session. Trading was extremely light. After fluctuating in the early going, the market by Friday afternoon achieved moderate gains. The atmosphere was dull despite encouraging reports on consumer spending and the manufacturing sector.

Business Briefs

(09/02/03 1:31am)

WASHINGTON -- America's consumers, aided by tax cuts that left them with extra cash, ratcheted up their spending in July by the largest amount in four months, a strong signal the economy is gaining momentum. The Commerce Department reported Friday that consumer spending increased by 0.8 percent in July, on top of a brisk 0.6 percent rise the month before.

Downtown grows up

(09/09/03 1:51am)

A gaze toward the skyline of downtown Bloomington's west side quickly fixates on the structural skeletons of four construction cranes. They hover ominously over their worksites, as if they're trying to magically pull high-rise developments from the limestone base of south-central Indiana.

Nightclub capitalizes on IU partying woes

(09/23/03 1:22am)

When Dan Duncan entered IU as a freshman, he had big plans. "I declared a biochemistry major and was set on going to medical school after four years at IU," Duncan said. In his first year, Dan pledged and joined Delta Upsilon fraternity and began a side job as a greek party disc jockey three nights a week. Today, as the co-owner and founder of Vertigo night club, Duncan is a long way from medical school.

Who wants an internship?

(09/23/03 1:24am)

The competition is fierce this fall as students struggle to get their foot in the door at any one of the hundreds of companies that are visiting IU. Many would argue that an internship will provide you with the best method for securing your first job in corporate America. Students, not wanting to become part of the 6.1 percent of Americans without jobs, are quick to take internships with the companies that appear at IU's career days and internship fairs.

Business briefs

(09/23/03 1:24am)

HOUSTON -- A Manhattan bankruptcy judge Monday authorized the committee representing Enron Corp. employees to collect some of an estimated $53 million in accelerated deferred compensation payments set aside for certain executives on the eve of the company's bankruptcy filing, lawyers said.

Kelley school to host recognition day for corporate partner

(09/23/03 2:07am)

As part of a corporate partnership with Eli Lilly and Co., the Kelley School of Business will host representatives from the pharmaceutical and health care company today. The visit represents the first of many corporate recognition days that are planned for companies who have given substantial amounts of support to IU and the business school.

Former Tyco CEO goes on trial in New York

(09/30/03 1:25am)

NEW YORK -- The former CEO of Tyco and a onetime Wall Street investment banker on Monday became the first two major figures to go on trial in the wave of scandals that have rattled corporate America over the last two years. Jury selection in the trials of Dennis Kozlowski and former banker Frank Quattrone began just blocks apart in separate Manhattan courts.

Target donates $55,000 to support IU programs

(10/07/03 1:37am)

Target Corporation presented a gift of $55,000 Sept. 30 to Kelley School of Business Dean Dan Dalton to support the Center for Education and Research in Retailing, undergraduate scholarships, MBA Fellowships and the Minorities in Business Program. Ha-Keem Abdel-Khaliq, College Relations representative at Target presented the gift at a reception held in the Graduate and Executive Education Center.