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Should President Biden intervene in potential UPS strike?
Michael LeRoy is an expert in labor law and labor relations at the University of Illinois Urbana-Champaign. LeRoy, who advised the Council of Economic Advisors for President George W. Bush during the last national emergency labor dispute in October 2001, spoke with News Bureau business and law editor Phil Ciciora about the likelihood of President […]

What’s at stake in Hollywood labor strikes?
Michael LeRoy is an expert in labor law and labor relations at the University of Illinois Urbana-Champaign. LeRoy, who advised the Council of Economic Advisors for President George W. Bush during the last national emergency labor dispute in October 2001, spoke with News Bureau business and law editor Phil Ciciora about the writers’ and actors’ […]

Paper: CEO stock ownership affects medical device recall timing
CHAMPAIGN, Ill. — Firms whose chief executive officers also own company stock often delay the decision to recall faulty medical devices until long after they become aware of a defect, according to a new paper co-written by a University of Illinois Urbana-Champaign analytics expert. The net effect of slow-walking the decision to recall a defective […]

Paper: Air pollution via wildfire smoke takes toll on labor markets
CHAMPAIGN, Ill. — Wildfires emit large amounts of smoke containing harmful pollutants that can drift for hundreds or thousands of miles away from their source, as shown by this summer’s Canadian wildfires, which created air quality problems as far afield as New York City. A new paper co-written by a team of University of Illinois […]

What’s the transformative potential of artificial intelligence?
Robert Brunner is the associate dean for innovation and chief disruption officer at the Gies College of Business at the University of Illinois Urbana-Champaign. Brunner spoke with News Bureau business and law editor Phil Ciciora about the transformative potential of artificial intelligence technology such as ChatGPT. There’s been a lot of hype about artificial intelligence […]

New book chronicles personal, professional journey studying futures markets
CHAMPAIGN, Ill. —A new book by a University of Illinois Urbana-Champaign expert in agricultural commodity markets explores a lifetime spent studying the massive markets that underpin the global financial system. Scott Irwin, the Laurence J. Norton Chair of Agricultural Marketing in the department of agricultural and consumer economics at the University of Illinois Urbana-Champaign, is […]

Should the workweek be shortened to four days?
A four-day workweek pilot study in the U.K. was so successful recently that most companies in the experiment decided to keep the shortened week. Robert Bruno is a professor of labor and employment relations at the University of Illinois Urbana-Champaign and the director of the Project for Middle Class Renewal, a research-based initiative tasked with […]

New climate change model finds nuanced relationship between temperature, conflict
CHAMPAIGN, Ill. — A new framework for studying the intersection of climate anomalies and social conflicts finds a strong link between temperature fluctuations and aggregated global conflicts, in a paper co-written by a University of Illinois Urbana-Champaign analytics expert. Climate anomalies such as rainfall and temperature deviations are often associated with social conflict via civilian […]

Paper: Within-job gender pay gap persists
CHAMPAIGN, Ill. — Despite great advances in gender equality, a pay gap persists for women working the same job as their male counterparts, says new research co-written by a University of Illinois Urbana-Champaign expert who studies gender inequality in the workplace. Although it’s commonly thought that the overall pay gap between men and women could […]

What’s the business potential of the metaverse?
Robert Brunner is the associate dean for innovation and chief disruption officer at the Gies College of Business at the University of Illinois Urbana-Champaign. Brunner spoke with News Bureau business and law editor Phil Ciciora about the transformative potential of the metaverse, an immersive 3D environment that seeks to blend the physical and online worlds. […]

Paper: Regional public universities increase access, social mobility for nearby residents
CHAMPAIGN, Ill. — By broadening access to higher education in their local geographic area, regional public universities increase the economic and social mobility of the residents in their counties, says new research co-written by a team of University of Illinois Urbana-Champaign economists. As the backbone of the U.S. higher education system, regional public universities enroll […]

Paper: Established employees need adjustment period with new work colleagues
CHAMPAIGN, Ill. — Businesses often invest significant time and money to onboard new hires at work and help them adjust to their new environment, but it remains largely unclear how team insiders navigate the same period of adjustment with their new co-workers, especially those who may be different from them. According to a new paper […]