Business & Entrepreneurship

Mickey Turner and Katie Callaghan, the Record’s Outstanding Graduates from Olin Business School, knew when they met at MBA orientation in fall 2010 that their relationship would be more than a standard business alliance. The couple will be married this July.

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.

Washington University in St. Louis School of Law celebrated the outstanding achievements of seven individuals at the annual Distinguished Alumni Awards Dinner April 20. Four alumni received Distinguished Law Alumni Awards; two received Distinguished Young Law Alumni Awards; and one received the Dean’s Medal.

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.”

The National Day of Prayer typically sparks debate about whether the day violates the establishment clause from the First Amendment to the U.S. Constitution. This year’s observance on May 3, however, likely will take on added significance, says John Inazu, JD, first amendment expert and professor of law at Washington University in St. Louis. The reason? 2012 marks the 50th anniversary of the Supreme Court’s decision in Engel v. Vitale, which invalidated official prayer in public schools.

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.

Third-year law students Justin Lepp, Nick Rosinia and Mikela Sutrina are the first Washington University in St. Louis School of Law team to win the American Bar Association’s (ABA) National Appellate Advocacy Competition, the largest and most competitive moot court competition in the country. The students went a combined 11-0 in the Seattle Regional and National Final en route to the championship April 14, surpassing 209 other teams from 118 law schools.

Janji, a socially conscious running shorts business created by members of the Washington University in St. Louis cross country team, will release its original running apparel at a public launch party in St. Louis Thursday, May 3. The venture aims to make a global impact on the food and water crisis through its running apparel.

The nation’s top 20 public firms could have added nearly $1 trillion to their market value if, in 2010, they had used a new tool, known as the research quotient (RQ), to determine their research and development (R&D) budgets, says its creator, Anne Marie Knott, PhD, associate professor of strategy at Washington University in St. Louis.

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.