Business Corner

Business Corner: Obama goes East

According to The New York Times, President Barack Obama and South Korean President Lee Myung-bak experienced a failure to communicate last Thursday in Seoul. Obama was on a 10-day diplomatic trip to Asia and had high hopes of signing a free-trade agreement with South Korea which would send American cars and beef to the Far…

Business Corner: The anatomy of a lost sale

It’s 11:50 a.m. and you have yet to eat breakfast. After sitting through two consecutive lectures, all you really want is a bagel and a coffee, yet the line at Einstein’s extends beyond the newspaper stand.  Surely, there is not enough time to get your fuel for the day and make it to class in…

Business Corner: Get out and shop – Black Friday during a recession

In the midst of the Great Recession retailers are already rolling out deals for Black Friday, the blockbuster shopping day after Thanksgiving. Every year thousands of shoppers line up outside of the nation’s largest retailers in the wee hours of the morning hoping to snag an LCD TV for $399 or navigation system for $99. …

Business Corner: Issue 3: Is it a good deal?

On Nov. 3, the state of Ohio will be voting to amend its constitution, where one of the hottest topics will be Issue 3. For those of you who are not aware, Issue 3 is a plan that will create four new casinos, which will be in the four largest cities in the state (Cleveland,…

Business Corner: College grads need to go above and beyond

With 263,000 jobs cut in September and the unemployment rate hovering at 9.8 percent, the prospects of finding a job after graduation proves to be a sobering prospect for the class of 2010. The economy is slowly starting to show signs of life, but employers are squeezing the most they can out of their current…

Business Corner: The Uncertainty of the NFL’s Future

What many of us forget is that the NFL is a business where owners’ and players’ financial interests will take precedent over the fans “need” for entertainment.

Business Corner: Growth in student debt leaves few options for graduating students

The rise in student borrowing has accelerated dramatically over the years, as now more than two-thirds of college students borrow to pay for college, according to a government study, up from just 58 percent 12 years earlier.  The average debt taken on by students to pay for higher education is now $23,186, up from $13,172…

Business Corner: Stocks Close Down After First Week of Trading in September

The Stocks were off to a poor start in first trading week of September, which is historically the worst month of the year for investors. The S&P 500 closed down a half-percent since the first of the month and is down roughly two percent from the August high.  According to Chief Economist David Rosenberg of…

Business Corner: Is the money you have in your bank account safe?

With all of the negative news surrounding the American banking system, some people in the media have begun questioning whether the money in their bank accounts is safe. The simple answer to this question is yes, the money in your bank account is secure.