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College of Business Administration

  • Friday, May 9, 2008

    In an effort to boost sales, Chrysler announced an incentive to cap the price of gas at $2.99 a gallon for the next three years for consumers who buy or lease vehicles through June 2. The following Central Michigan University experts are available to comment on the possible success of the program based on consumer behavior, as well as how it might affect gas consumption. Read the Story

  • Thursday, April 24, 2008

    A recent surge in gas prices has prompted drivers throughout the country to wonder what the cause might be and how long we can expect this to last. CMU economist Philip Thompson says that it has a great deal to do with demand and supply in the oil market, along with the declining dollar in the U.S., and he doesn't see gas prices decreasing in the near future. Thompson is available to speak about this issue. Read the Story

  • Wednesday, April 23, 2008

    Michigan residents may not have much of a choice in the future when deciding where to get their energy. If proposed energy legislation is passed it would limit the amount of competition for Consumers Energy and DTE, giving them the majority of the state's consumer base. According to CMU finance and law faculty member Ted Bolema, who also serves as an energy policy specialist with the Mackinac Center for Public Policy, there is room for improvement in Michigan's electricity competition laws. "Introducing electricity choice in Michigan was a positive development, but it can be improved by leveling the playing field for all suppliers," Bolema said. Read the Story

  • Wednesday, February 20, 2008

    A merger with Delta Airlines would be Northwest Airlines' second this year, following the acquisition of Midwest Airlines at the end of January, and would form the largest airline in the U.S. Central Michigan University finance and law faculty member Ted Bolema says that with Northwest's position of having the greatest share of routes in the Midwest and Delta's strengths in other parts of the county, it appears unlikely that a merger between the two would attract significant opposition and could probably proceed with few or no divestitures. Bolema is available for commentary on the issue. Read the Story

  • Friday, February 15, 2008

    In the wake of the Feb. 14 fatal shootings at Northern Illinois University, several Central Michigan University faculty members are available to speak about the events from various perspectives. SOURCE: Joseph Rivard, professor Department of teacher education and professional development... Read the Story

  • Friday, January 18, 2008

    Republican presidential hopeful Mitt Romney claims that Michigan is in a "one-state recession." Is this characterization accurate? Central Michigan University economist Jason Taylor is available to comment on this issue and what needs to be done to turn Michigan's economy around. Read the Story

  • Friday, November 9, 2007

    The housing market in Michigan has succumbed to what experts are saying is one the worst slumps in state history. At present, Michigan ranks fourth in the country in foreclosure filings &mdash with one filing for every 102 households. The downturn also has resulted in a record number of antsy sellers, a stockpile of homes, and a drop in real estate agents working in the industry. Last year, the Michigan Association of Realtors lost 10 percent of its membership due to the slump, which many experts predict will last for at least another 17 months. Patrick Corcoran, a real estate professor at CMU, and former real estate finance researcher on Wall Street, is available to speak with media. Read the Story

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