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Business

OPEC meets in Kuwait to discuss extending 2016 output cut

On March 25, a joint committee was held in Kuwait between the ministers of both members and non-members of the Organization of Petroleum Exporting Countries. The goal of the meeting was to decide whether the 2016 agreement to limit the supply of oil should be extended by another six months. The committee was headed by…

TAMID at Baruch tops Ivy Leagues in stock pitch competition
Business

TAMID at Baruch tops Ivy Leagues in stock pitch competition

Every now and then, Baruch College students have the chance to go head-to-head with some of the brightest minds from the nation’s top universities. TAMID at Baruch recently featured a team of three freshman undergraduate students who were selected as winners of the national TAMID stock pitch competition. Amit Agrawal, Rajesh Rao and Jamie Yatcha…

Business

G-20 leaders hit impasse over trade

Chief financial leaders from 20 major economies came together for the G-20 meeting on March 19 in Baden-Baden, Germany. The leaders of the major economic powers struggled to come to a consensus over the weekend-long congregation. Despite finding common ground on foreign exchange, the Group of 20 failed to advance further talks on global trade….

Baruch College’s MFE team shines at Toronto’s 14th annual RITC
Business

Baruch College’s MFE team shines at Toronto’s 14th annual RITC

Getting into Baruch College’s Rotman International Trading Competition team is as grueling as one might expect. The stakes are especially high because Baruch’s team has had an unprecedented two-year winning streak. According to Jarrod Pickens, a professor in the mathematics department who trained Baruch’s RITC team, the process for joining the team looks different for…

Investors pull out from Snap Inc. as initial IPO hype subsides
Business

Investors pull out from Snap Inc. as initial IPO hype subsides

Two weeks after Snap Inc.’s $24 billion initial public offering, investors are still divided over the long-term prospects of the newest entry into the public social media industry. Many experts believe that Snap has the potential to be the next Facebook while others suspect it could follow Twitter’s path. Shares of Snapchat’s parent company Snap,…

Business

AIG parts ways with CEO after Q4 loss

Nearly three weeks following a fourth quarter report of losses totaling approximately $3.04 billion, American International Group and its chief executive board have made a drastic decision in hopes for the better. The decision, while not surprising in AIG’s history of quick turnover-rates, was for current CEO Peter Hancock to step down. AIG shares plunged…

Business

Council overrules Poland, re-elects Tusk

The European Union recently voted Donald Tusk to a second term as the president of the European Council. Tusk, who is a former prime minister of Poland, was appointed on March 9 by his EU co-members of 27 countries that includes France, Germany and Holland. The controversy came when those same 27 countries needed to…

Baruch student starts nonprofit to encourage political expression
Business

Baruch student starts nonprofit to encourage political expression

Despite what the company’s Facebook page might say, Eric Butkiewicz, a Baruch College senior, has not yet found a permanent location for Doxa, a nonprofit organization he started with aims to raise public discourse and promote community involvement within New York City. Doxa serves as a nonpartisan group in which people of varying political ideologies…

Zicklin School of Business hosts former US Treasury Secretary Lew
Business

Zicklin School of Business hosts former US Treasury Secretary Lew

In his first public appearance since leaving the White House, former Secretary of the Treasury Jack Lew visited Baruch College to speak about his career path and offer his thoughts about the national and global economy. The event was moderated by Timothy Henglein and Lisa Puran, two undergraduate students within the honors program at the…

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