Greece could be broke by June, economist says

If international lenders refuse to renegotiate substantial reductions in Greek public debt, chances are that whatever government emerges in Greece in the next few weeks will run out of cash by the end of June, says Costas Azariadis, PhD, the Edward Mallinckrodt Distinguished Professor in Arts & Sciences.

Women don’t advocate for other women in high-status work groups

Women serve as CEOs of just 17 of the Fortune 500 top companies in the United States. PepsiCo CEO Indra Nooyi has been quoted as saying, “The glass ceiling will go away when women help other women break through that ceiling.” However, that may not necessarily be happening. Research from Washington University in St. Louis finds that women often do not support qualified female candidates as potential high-prestige work group peers.

Poster perfect

Sophomore Marnie Abeshouse (left), an anthropology major in Arts & Sciences, explains her research project on the Israeli pharmaceutical industry during a poster presentation April 24 for the Olin Business School course “Business, Innovation and Entrepreneurship in Israel.”

Hoops for hope

Olin Business School students, faculty and staff participate in a charity basketball game April 12 to raise money for Hike4Kids, a project started by MBA student Michael McLaughlin. This spring and summer, McLaughlin is through-hiking the entire Appalachian and Ozark trails back-to-back, helping to raise funds and awareness for underprivileged children, both locally and in Africa.

Most Americans, including Romney supporters, favor higher tax on rich, survey finds

President Barack Obama lately has been arguing for increased taxes on the rich through his proposed “Buffett Rule,” which would ensure that millionaires and billionaires pay a minimum effective tax rate of 30 percent on their income. Most Americans, including supporters of presidential hopeful Mitt Romney, support such a move, finds The American Panel Survey (TAPS), a new Washington University in St. Louis survey.

YouthBridge SEIC winners impress judges with social venture ideas

Winners of the seventh annual YouthBridge Social Enterprise and Innovation Competition were announced April 11. Winning teams represented community and WUSTL social entrepreneurs, including students, alumni and faculty. Their social venture ideas ranged from teaching teens about entrepreneurship through beekeeping to providing education to kidney transplant patients.
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