Business

Business

Import prices in March rise as oil prices increase

Average import prices rose in March. The rise was strongly buoyed by an increase in oil prices, and was the first rise in nine months. Import prices increased by 0.2 percent in March, according to a Labor Department report. This comes after a 0.4 percent decrease of import prices in February. The March increase was expected to…

Business

Commonwealth proposes to remediate debt by halting all cash payments

The Working Group for the Fiscal and Economic Recovery of Puerto Rico recently released its second attempt to remediate its cash deficit crisis. The proposal comes after an initial attempt by the governor to dodge any immediate cash payments by promising a long-term pay-off for investors. However, the appeal failed to satisfy bondholders’ return on…

Leading strategist and author busts his ‘Five Myths of Wall Street’
Business

Leading strategist and author busts his ‘Five Myths of Wall Street’

In an offset of Ethics Week, The Baruch Investment Management Group in collaboration with The Robert Zicklin Center for Corporate Integrity and The Charles Dreifus Ethics-Across-the-Curriculum Initiative hosted a panel event and discussion with Jason DeSena Tennert, author and chief financial strategist,. Tennert is a managing partner of Strategas Research Partners LLC, an institutional brokerage…

Business

Boston University professor discusses ethics and public relations

The Robert Zicklin Center for Corporate Integrity and Corporate Communication International hosted a discussion and panel led by author and Boston University professor Dick Martin last week as part of Ethics Week at Baruch College. The event sought to answer the question, “Are ethics and public relations mutually exclusive, like ethical embezzlement?” Martin is currently…

Business

Tesla unveils latest model to appease middle class consumers

After establishing itself as an innovative electric carmaker in the luxury vehicle market, Tesla unveiled its Model 3 in a successful attempt to attract middle-class customers into the world of high-end electric vehicles. According to Market Watch, there were 276,000 orders placed for the Model 3 as of April 2. Each reservation requires the buyer…

Whistleblower Anthony Menendez talks Halliburton, takes part in Baruch Ethics Week
Business

Whistleblower Anthony Menendez talks Halliburton, takes part in Baruch Ethics Week

The Robert Zicklin Center for Corporate Integrity hosted a Q&A panel with “whistleblower” Anthony Menendez, a former employee of multinational corporation Halliburton and Jennifer M. Pacella, assistant professor of law at Baruch College. The event was part of Ethics Week, a time in which Baruch features in-class discussion of ethics-related course material, conducts student-oriented ethics…

TD Bank moves away from controversial “reordering” policy
Business

TD Bank moves away from controversial “reordering” policy

Customers are enraged at banks like TD Bank, due to a policy called “reordering,” which changes the order in which a bank processes transactions.This practice has caused a large amount of overdraft charges to customers. TD Bank has announced that it will move away from the practice as early as April. These changes coming about are…

Business

European Central Bank expands QE program to 80 billion euros

The European Central Bank cut all rates and expanded its quantitative easing program. Amid growing concerns about economic growth and inflation, the 19-country eurozone’s central bank cut its rates to an all-time low. The refinancing rate, the rate of interest that banks must pay when they borrow funds from the ECB, was decreased by 5 basis points…

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