Business & Entrepreneurship

Students wanting to make a significant environmental impact on the campus of Washington University in St. Louis are encouraged to sign up for the third annual Olin Sustainability Case Competition. The registration deadline is Friday, Dec. 9.

More than 45 percent of undergraduate business students, and a larger fraction of MBA students, need financial assistance to attend Olin Business School at Washington University in St. Louis. Thanks to the Scholars in Business program, they can. Established in 1979, this named scholarship program is supported by hundreds of individuals and companies who provide more than 350 partial and full tuition named scholarships to Olin students.

Mahendra Gupta, PhD (middle), dean of Olin Business School and the Geraldine J. and Robert L. Virgil Professor of Accounting and Management, chats with guests during the 17th annual Olin Thanksgiving Feast Nov. 24 in the Knight Executive Education Center.

The Supreme Court will hear several states’ legal challenges to the Affordable Care Act, ensuring that the court — in late June 2012 — will deliver a momentous statement about the ever-contentious constitutional balance between federal and state power. “The key element of the states’ lawsuits targets the act’s requirement that everyone in the country must purchase commercial health insurance,” says constitutional law expert Gregory P. Magarian, JD, professor of law at Washington University in St. Louis.

Lead gifts totaling $25 million by two of Washington University in St. Louis’ most dedicated benefactors will support the university’s Olin Business School and its plans for two new innovative facilities for graduate education. The gifts — $15 million from Charles F. and Joanne Knight and $10 million from George and Carol Bauer through the Bauer Foundation — will provide the capital foundation for Olin’s second century of top-ranked undergraduate and graduate business programs, which have grown steadily since the establishment of the school in 1917.

Olin Business School at Washington University in St. Louis has been selected as the inaugural winner of the MBA Roundtable Innovator Award for its Critical Thinking@Olin initiative, designed to develop critical thinking skills in MBA students.

Albert Pujols, the St. Louis Cardinals first baseman and Major League Baseball’s most coveted free agent, is clearly the best player in the game. But whichever team signs him this offseason will be overpaying, says an expert on pay-for-performance at Washington University in St. Louis.

The Occupy protests present a classic First Amendment problem: balancing political dissent against government control of property. “In theory, the government has very limited authority to curb expressive activity in what the law calls ‘public forums,’” says Gregory P. Magarian, JD, constitutional law expert and professor at Washington University in St. Louis School of Law.

Fannie Mae, the biggest source of money for United States home loans, said last week it will need another $7.8 billion in federal aid following a third-quarter loss of more than $5 billion. As long as Fannie Mae and Freddie Mac are receiving subsidies, say banking experts at Washington University in St. Louis, there exists potential for another economic meltdown.

The U.S. remains on track to spend twice as much for health care as for food, yet millions are without insurance or uninsured. “Health insurance premiums also continue to rise – on average another 9 percent in 2011,” says Merton Bernstein, JD, leading health insurance expert and the Walter D. Coles Professor of Law Emeritus at Washington University in St. Louis. “Medical care costs can change direction if policy makers stop whistling past a significant contributor – non-benefit costs.”