Business & Entrepreneurship

President Barack Obama signed a memorandum Jan. 15 directing agencies to allow federal workers to take six weeks of paid sick leave to help with a new child or a sick relative. The president also asked Congress to pass the Healthy Families Act, which would grant Americans seven days a year of paid sick time. Augmenting the Family and Medical Leave Act is one place Congress might start if it wants to combat sex-role stereotypes and advance women’s equal employment opportunity, as well as supporting families in times of illness, say experts at Washington University in St. Louis.

Washington University School of Law alumni Joseph E. and Yvonne L. Cordell have made a $1 million gift commitment to establish and endow the Cordell & Cordell Visiting Professorship in the law school.

Washington University in St. Louis and Yonsei University in Seoul, Korea are partnering to offer a unique learning experience to master the complex world of business by earning two degrees on two continents in their new Global Master of Finance Dual Degree program.

Falling oil and gasoline prices have prompted some in Congress to debate about increasing the federal fuel tax, which helps fund highway and bridge construction, among other projects. Increasing the tax, which hasn’t been raised since 1993 and isn’t tied to inflation, to help offset revenue lost through lower prices at the pump may seem like a good idea in theory, but it’s much more difficult in practice, says tax law expert Adam Rosenzweig, JD, of Washington University in St. Louis.

Renewable energy subsidies have been a politically popular program during the past decade. These subsidies have led to explosive growth in wind power installations across the United States, especially in the Midwest and Texas. But do these subsidies work? Not as well as one might think, finds a new study from Washington University in St. Louis’ Olin Business School.

Federal Judge Richard J. Leon’s recent decision ruling the National Security Agency phone surveillance program unconstitutional is absolutely correct as a matter of law, says Neil M. Richards, JD, privacy law expert and professor of law at Washington University in St. Louis. “The bulk data collection at issue in the case reveals a tremendous amount about us – who we know, who we confide in, where we go, and with whom,” he said. “It’s exactly the sort of information that should require a warrant before the government obtains it.” Richards was struck by Leon’s willingness to question whether this surveillance program was effective.

A multiweek visit to the United States by Burmese lawmakers kicked off with a two-day intensive workshop on constitutional reform conducted by David S. Law, professor of law and of political science at Washington University in St. Louis. The curriculum included mechanisms and strategies for amending a constitution; options for structuring a federal system of government; the decentralization of control over natural resources; protection of minority rights; the role of the judiciary in promoting democracy and enforcing constitutional guarantees; and strategies for promoting the rule of law. Law was selected to conduct the workshop for his interdisciplinary background and expertise on global constitutionalism, constitutional drafting, design of government institutions, and Asian constitutionalism in particular.​

Students and faculty in the Interdisciplinary Environmental Clinic at Washington University School of Law in St. Louis have filed an amicus brief on behalf of air pollution scientists in an important environmental case before the U.S. Supreme Court. The case, EPA v. EME Homer City Generation LP, involves a challenge to the EPA’s Cross-State Air Pollution Rule, which seeks to protect the health of citizens of downwind states by placing limits on air pollution that crosses state lines. Electric power companies, several states and local governments challenged the rule as overreaching.

Clifford Holekamp oversees the entrepreneurship platform at Olin Business School but is also highly involved in the St. Louis startup scene.

“Christmas Creep,” the “technical” term for the pre-holiday appearance of retail decorations and promotions, crept into stores and marketing in October this year. Major department stores are even pre-empting Black Friday by opening on Thanksgiving Day. Is starting the holiday shopping season earlier and earlier a good marketing move or could it backfire? Four marketing professors at Washington University in St. Louis’ Olin Business School discuss this phenomenon.