Facebook valuation will be high, but justified, expert says
Facebook’s initial public offering (IPO) filing shows real numbers for profit and revenues, which are likely to drive a valuation that could be as high as $100 billion.This astronomical number does require some aggressive assumptions about future growth, but the high valuation may be more justified than for other internet companies, says Mark T. Leary, PhD, assistant professor of finance at Washington University’s Olin Business School.
American Airlines layoffs could spell end of the airline
American Airlines’ plan to lay off more than
13,000 employees and eliminate all four of its pension plans as part of
its bankruptcy reorganization could eventually spell the end of the
airline and leave its pilots with dramatically reduced pensions, say two
experts at Washington University in St. Louis.
New book explores forgotten freedom of assembly
Freedom of assembly has become the forgotten constitutional right, with courts’ attention focused more on freedoms of association and speech. Both the Occupy and Tea Party movements, however, are reminders of how the right to assemble has been “at the heart of some of the most important social movements in American history: antebellum abolitionism, women’s suffrage and the Civil Rights Movement,” says John Inazu, JD, PhD, associate professor of law at Washington University in St. Louis. In his new book, Liberty’s Refuge: The Forgotten Freedom of Assembly, published last month by Yale University Press, Inazu examines why freedom of assembly has become “a historical footnote in American law and political theory,” and what has been lost with the weakening of protections for private groups.
YouthBridge SEIC finalists named
Nine finalists were selected Jan. 26 to compete
for more than $125,000 in grants in April at the 2011-12 YouthBridge
Social Enterprise and Innovation Competition (SEIC) at Washington
University in St. Louis. The competition is a joint partnership between the YouthBridge Community Foundation and WUSTL’s Skandalaris Center for Entrepreneurial Studies.
RCGA head Reagan to speak at annual Olin Cup awards
Marking his first day as CEO of the St. Louis
Regional Chamber and Growth Association (RCGA), Joe Reagan will discuss
“Innovation & Entrepreneurship: Creating the Future Economy” during
the annual Olin Cup awards ceremony beginning at 5 p.m. Wednesday, Feb.
1, in Simon Hall’s May Auditorium on Washington University in St.
Louis’ Danforth Campus.
Super Bowl advertisers should skip TV ads, focus online
Last year’s hit Super Bowl ad, a Volkswagen spot
featuring a boy dressed as Darth Vader, was unique in that it was
actually released before the game. This year, nearly all ad
agencies are expected to run previews of their commercials before the
Feb. 5 Super Bowl on YouTube and other sites, leading a marketing expert
at Washington University in St. Louis to question the wisdom of running
a television ad at all.
Study looks at how kids with autism spend their screen time
Children with autism spectrum disorders (ASDs) tend to be preoccupied with screen-based media. A new study by Paul Shattuck, PhD, assistant professor at the Brown School at Washington University in St. Louis, looks at how children with ASDs spend their screen time. “We found a very high rate of use of solitary screen-based media such as video games and television with a markedly lower rate of use of social interactive media, including email,” Shattuck says.
Gehlert named senior fellow of the Society for Social Work and Research
Sarah Gehlert, PhD, the E. Desmond Lee Professor of Racial and Ethnic Diversity at the Brown School at Washington University in St. Louis, was recently appointed senior fellow of the Society for Social Work and Research (SSWR). In her role, Gehlert will represent social work research to federal agencies and policy makers.
Dissecting the Great Recession
The United States is slowly climbing out of one of the
worst economic recessions in its history. As the economy slowly begins
to turn a corner, Stephen M. Fazzari, PhD,
professor of economics in Arts & Sciences, will examine how we got
here and where we are headed in a series of three lectures beginning
Jan. 30.
Could the GOP be headed for a brokered convention?
Three Republican primaries or caucuses have ended with three different winners. Upcoming state contests may make the Republican candidate picture clearer, but if division remains, the GOP could end up with a brokered convention. “If the process of voting based on delegates’ commitments does not produce a nominee, then something has to break the logjam,” says Gregory P. Magarian, JD, election law expert and professor of law at Washington University in St. Louis. Magarian discusses the potential for a surprise candidate and the impact of superdelegates.
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