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Study: Heavy market volume doesn’t necessarily signal quick, easy trading
CHAMPAIGN, Ill. – Playing a hunch is as ingrained in financial markets as short selling, margin buying and the opening bell. But a new study by a University of Illinois professor shows that gut feelings don’t necessarily pay off when it comes to deciding the best time to trade. Finance professor Timothy C. Johnson tested […]
Deal ending writers strike scores rare victory for unions, expert says
CHAMPAIGN, Ill. – A deal that ended a three-month strike by Hollywood writers also scored a rare victory for unions by giving workers a financial stake in new technology, a University of Illinois labor expert says. “Advances in technology frequently harm employees by devaluing their work,” said Michael LeRoy, a professor in the university’s Institute […]
U. of I. professor nominated as trustee for social security, medicare programs
CHAMPAIGN, Ill. – University of Illinois finance professor Jeffrey R. Brown will be nominated by President Bush to serve on the board of trustees for the nation’s Social Security and Medicare programs, the White House announced Tuesday. If approved by the Senate, Brown will serve a four-year term as one of two public trustees, first […]
Study: Web sites influence users, even when they don’t communicate directly
CHAMPAIGN, Ill. – Web surfers may get more than just the music, videos and news updates they were looking for when they log onto trendy next-generation sites such as Last.fm, YouTube and Digg, according to new research by a University of Illinois business professor. Whether they know it or not, they also could be getting […]
U.S. economy teetering, but could still avert recession, U. of I. experts say
CHAMPAIGN, Ill. – The U.S. economy is sputtering amid a lingering housing slump and growing jitters on Wall Street, but whether a recession lies ahead is still anyone’s guess, a trio of University of Illinois economic experts say. “To summarize the economic situation in one word, it is ‘uncertainty,’” says Jeffrey R. Brown, a finance […]
Ex-NFL player says Congress should regulate steroids in pro sports
CHAMPAIGN, Ill. – Congress should step in to regulate performance-enhancing drugs in professional sports because players and owners lack incentive to effectively police themselves, former NFL tight end Josh Whitman says. “Faced with the overwhelming incentives present in modern sports – whether tangible like money or intangible like the competitor’s inner drive – it is […]
Six Champaign County teams bound for Lego tournament state finals
Champaign County teams bound for Lego tournament state finals Jan Dennis, Business & Law Editor 217-333-0568; jdennis@illinois.edu 1/18/2008 CHAMPAIGN, Ill. – Six teams of Champaign County elementary and middle school students will compete Saturday (Jan. 19) in the state finals of the FIRST LEGO League’s worldwide tournament. Sixty-four teams from across Illinois, each with up […]
Smoking ban has stirred strong passions, but will soon fade, expert says
CHAMPAIGN, Ill. – A looming ban that will snuff out smoking in public places across Illinois lit up a fiery debate that rivaled abortion, gun control and society’s other hottest-button issues, a University of Illinois research scientist says. “It’s very polarizing and hits on core elements of freedom and what it means to be free […]
Baseball’s record book could be next victim of steroid report, expert says
CHAMPAIGN, Ill. – Major League Baseball’s record book will likely come under fire in the wake of a long-awaited report released today linking Roger Clemens and other superstars to performance-enhancing drugs, a University of Illinois law and labor expert says. But Michael LeRoy says MLB officials will sail into uncharted waters if a public outcry […]
Environmentalist lawyer seeks common ground in property-rights debate
CHAMPAIGN, Ill. – Don’t blame just Hurricane Katrina for leaving New Orleans in shambles or single out wildfires for thousands of homes reduced to rubble this year across southern California, a University of Illinois law professor says. Eric Freyfogle contends America’s flawed notion of private property rights is largely at fault, often paving the way […]
U. of I. law professor receives honorary doctorate in Switzerland
CHAMPAIGN, Ill. – University of Illinois law professor William J. Davey has received an honorary doctor of laws degree from the University of Berne in recognition of his longtime efforts to promote fair international trade. Davey was cited by the Swiss university for his “fundamental work in the development and evolution of the World Trade […]
First online-only undergraduate courses coming to U. of I.’s Urbana campus
CHAMPAIGN, Ill. – The University of Illinois will launch its first fully online courses for undergraduates on the Urbana campus next spring, seeking to train a new generation of labor leaders for a rapidly changing workplace that has become more global and high-tech. Faculty members say offering the labor studies courses by computer rather than […]