Business & Entrepreneurship

For the first time, a group of researchers at Washington University in St. Louis used a big-data approach to determine the effects of minimum-wage changes on business. The Olin Business School faculty processed wage data on more than 2 million hourly workers from across the country over a six-year period. The results? There are winners and losers.

Puerto Rico filed for bankruptcy protection May 3, the largest-ever American municipal debt restructuring in history. As the U.S. territory seeks forgiveness in $73 billion to assorted creditors, an expert at Washington University in St. Louis says the situation should serve as a dire wake-up call to the municipal bond market.

WashU alum John Coveyou is the founder of Genius Games, a game-design company focused on creating entertaining and educational science-themed games.

Washington University in St. Louis will celebrate legendary poet and playwright William Shakespeare’s 453rd birthday with a special event on campus April 23, featuring performances of some of the Bard’s most famous works. Olin Business School is hosting the event.

Mentorship is a key aspect of any robust startup community. Here, Cliff Holekamp, who was selected by Small Business Monthly as one of the area’s best mentors, shares tips on how to be a good mentor and why entrepreneurs need to build a network of advisers.

In a concentrated, continuing effort to link Washington University in St. Louis academic research to everyday business practice, the 10th annual Olin Award recognizes an Olin Business School faculty member who joined two University of Pennsylvania professors in crafting a computer model to guide managers who need to forecast behaviors of newly acquired customers.

For the first time, new research from Washington University in St. Louis examines data from the 2007-09 financial crisis to show how the U.S. Federal Reserve can effectively assist banks in times of financial uncertainty.

Young entrepreneur Rebecca van Bergen improves lives around the globe by helping artisans find well-paying, long-term work through her company Nest.

Alumni and experts share tips about how to be a successful entrepreneur.

Everyday in the workplace, colleagues actively compete for a limited amount of perks, including raises, promotions, bonuses and recognition. But new research from Washington University in St. Louis shows more than often than not, people fall short in determining which co-workers might be trying to edge them out on the job.