Monthly Top Media Coverage for January 2017

U.S. Media

Chicago Booth Professors Discuss Top Economic Challenges Facing the New President

Huffington Post - Jan 31, 2017

Early this year, University of Chicago Booth School of Business professors Amir Sufi, Marianne Bertrand, and Randall S. Kroszner convened at the New York Hilton Midtown to talk about the top economic challenges facing Donald Trump, the current President of the United States. North America Business Correspondent for BBC News, Michelle Fleury moderated Economic Outlook discussion which focused on declining social mobility, economic inequality and globalization as tied to education levels, high student debt and uncertainty in the labor markets.

One slip from Trump and this rally will grind to a halt, former Fed governor says

CNBC - Jan 26, 2017

Market players have shown signs of confidence on the potential economic benefits of the new U.S. administration with Trump promptly putting forward many of his campaign pledges. As a result, the Dow Jones reached an all-time high on Wednesday and broke the psychological 20,000 mark. But such a trend could reverse very easily, says Randy Kroszner, professor of economics at the University of Chicago.

Cameron Watt: Trump to Be Slowed by Legislation

Bloomberg - Jan 26, 2017

Ewen Cameron Watt, senior director at BlackRock Investment Institute, and Randall Kroszner, professor of economics at University of Chicago Booth School of Business, talk about President Donald Trump's ability to work with the U.S. Congress outside of issuing executive orders and challenges to growth from China and the U.S. dollar. Bloomberg's Michael McKee joins the conversation on "Bloomberg Surveillance." (Source: Bloomberg)

Yellen may be the foil of the Trump administration

MarketWatch - Jan 26, 2017

In determining whether Janet Yellen will be a powerful Democrat to oppose Trump's agenda, Austan Goolsbee, a former top economic adviser for Obama and now a professor of economics at The University of Chicago Booth School of Business, said in an email, “The Fed chair is not a political office. She will not be the last hope for Democrats. She will just be an economist that calls it as she sees it.”

Why colleges should consider varying tuition by major

Yahoo Finance - Jan 26, 2017

In a new working paper from the National Bureau of Economic Research (NBER), Yale economics professor Joseph Altonji and UChicago Booth School of Business professor Seth Zimmerman break down the costs of and net returns by college major. By analyzing data from four-year public universities in Florida, the co-authors identify how the majority of students’ tuition subsidize expensive majors like engineering and health because the professors in those fields reap higher salaries and the facilities and resources are costlier.

Back to the future: A visual tour of the Dow 30 index

CNBC - Jan 25, 2017

The history of the Dow Jones industrial average is a history of the U.S. economy. This visualization tracks the companies that, over the past 88 years, have entered and left the iconic index as their fortunes rose and fell. Market-cap data was provided by The Center for Research in Security Prices at the University of Chicago Booth School of Business.

Trump's First 100 Days

Fox News - Jan 25, 2017

Mark Thiessen, "Fox News" contributor and American Enterprise Institute Scholar, hosts Austan Goolsbee, a professor at the University of Chicago Booth School of Business and a former advisor to President Obama, and Charles Hurt, opinion editor for The Washington Times, to discuss President Trump signing an executive order compelling the pipeline companies to use U.S. steel to build the lines. .

Goolsbee: Cutting Taxes Won't Grow GDP

Bloomberg - Jan 23, 2017

Former Chairman of the Council of Economic Advisers (and University of Chicago professor) Austan Goolsbee discusses tax cuts and his outlook for the economy under a Trump administration. He speaks on "Bloomberg Markets." (Source: Bloomberg)

Goolsbee: Isolationist Thinking Makes You Poor, Not Rich

Bloomberg - Jan 23, 2017

Former Chairman of the Council of Economic Advisers (and University of Chicago professor) Austan Goolsbee discusses his outlook for the U.S. economy and trade under a Trump administration. He speaks on "Bloomberg Markets." (Source: Bloomberg)

Nobody Knows Why Markets Like Trump

Bloomberg - Jan 23, 2017

A booming stock market and a weak economy are not necessarily mutually exclusive. Investors could simply be expecting policies such as tax reform and deregulation to boost corporate profits, with little regard for the broader effect on growth. At least that's how economists interpreted the market's optimism in a recent poll by the Chicago Booth Business School (IGM).

Can Behavioral Science Help in Flint?

The New Yorker - Jan 23, 2017 Issue

For all the (behavioral science) field’s potential, its advances seemed mostly to have served the private sector. A prominent exception was the “nudge,” a notion advanced by the legal scholar Cass R. Sunstein, now at Harvard Law School, and the University of Chicago behavioral economist Richard Thaler, in their 2008 best-seller “Nudge: Improving Decisions About Health, Wealth, and Happiness.”

The Inauguration and the Women's Marches are over: Now What?

The Philadelphia Inquirer/Newsday - Jan 22, 2017

Comparing Italy's Berlusconi to President Trump, University of Chicago professor of finance Luigi Zingales wrote in the New York Times soon after Trump was elected, "the Italian opposition was so rabidly obsessed with his personality that any substantive political debate disappeared," Under his rule, the economy slowly sank, and the country is still fighting its way back.

For Donald Trump, Challenges Lurk in a Sturdy Economy

The Wall Street Journal/Morningstar News/Bing/4-Traders/ADVEN UK - Jan 19, 2017

Mr. Trump has said that provoking a few companies via Twitter has proved an effective way to get his message out to other CEOs. "I'm setting a tone for hundreds of companies," he said in an interview with The Wall Street Journal last week. Some economists say such intervention may be savvy politics but make markets less efficient. "We would expect such behavior from a dictator of a banana republic, not from the president-elect of the oldest democracy in the world," said Luigi Zingales, a finance professor at the University of Chicago Booth School of Business.

How College Football Brings in Big Money for University Research

Chicago Magazine - Jan 19, 2017

A recent working paper co-written by the University of Chicago’s Thomas Wollmann, an economist who works at its Booth School of Business, correlates 40 college football teams’ performance in the AP poll (a weekly measure of how good the teams are compared to others) over 14 years with their colleges’ success in raising research funding (via this great dataviz roundup).

Financial Crisis, Regulatory Agenda Shaped Obama’s Economic Legacy

The Wall Street Journal - Jan 18, 2017

Mr. Obama’s Washington turned to expansive overhauls of the health-care system and financial system and an effort to reduce U.S. carbon emissions. In the process, the cumulative total of pages in the U.S. Code of Federal Regulations climbed to 180,000 from about 160,000 at the end of Mr. Bush’s presidency, according to a compilation from Steven Davis of the University of Chicago.

Top Economic Challenges Facing the New President

Politico - Jan 17, 2017

Chicago Booth - Join Chicago Booth professors Austan D. Goolsbee, Marianne Bertrand, and Randall S. Kroszner to discuss: What are the implications for economic growth in both the short and long run? What should be the policy priorities for the new administration?

Why these economists say the usual explanation for the financial crisis is wrong

The Washington Post - Jan 16, 2017

Atif Mian and a colleague, Amir Sufi at the University of Chicago, have argued that banks, confident they had a way to manage the risks, disproportionately increased lending to poor borrowers. To make their monthly payments, these households began skimping on other expenses, slowing the pace of economic activity overall.

US-China trade war could get ugly pretty fast: Rajan

CNBC/Yahoo Finance/Fox Business - Jan 16, 2017

Raghuram Rajan at The University of Chicago Booth School of Business talks about the prospects of a trade war and central bank independence.

Trump's trade stance could be spoiler: Rajan

CNBC/Yahoo Finance/Fox Business - Jan 16, 2017

Raghuram Rajan at The University of Chicago Booth School of Business weighs in on the effect of Trump's proposed policies on the world..

Trade tensions, dollar danger cloud economic optimism in Davos

Reuters/Yahoo Finance - Jan 16, 2017

Trump is threatening to brand China a currency manipulator and impose heavy tariffs on imports of Chinese goods. Last month he named leading China critic Peter Navarro, author of the book "Death by China", as a top trade adviser. "This is the key uncertainty because you don't know how much the rhetoric is a ploy to get better deals," said Raghuram Rajan, an economist at the University of Chicago who stepped down as governor of India's central bank last September.

Sweet: Reflections from Obama’s Chicago team

Chicago Sun Times - Jan 16, 2017

In an article citing key takeaways from Chicagoans who played roles in the Obama presidency, Austan Goolsbee, member of the Council of Economic Advisers and chief economist of the President’s Economy Recovery Advisory board, later council chair, Jan. 20, 2009, to August 2011: Goolsbee, a professor at the University of Chicago business school, has long had ties to Obama.

The Curse of Econ 101

The Atlantic - Jan 14, 2017

When the University of Chicago Booth School of Business asked a panel of prominent economists in 2013 whether increasing the minimum wage to $9 would “make it noticeably harder for low-skilled workers to find employment,” the responses were split down the middle. The idea that a higher minimum wage might not increase unemployment runs directly counter to the lessons of Economics 101.

10 in-demand Chicago jobs in 2017

Crain's Chicago Business - Jan 14, 2017

We considered reams of job forecasting data from the likes of the Bureau of Labor Statistics, hiring predictions from major local employers and regional recruitment firms, and interviews with career resources experts at Northwestern University's Kellogg School of Management and the University of Chicago's Booth School of Business. Then we crunched it down to this list: 10 Chicago-area jobs that are growing, paying more than $50,000 and that aren't going to be outsourced to a machine anytime soon.

In Choosing a Job, Focus on the Fun

The New York Times - Jan 13, 2017

In an op-ed, Ayelet Fishbach, a professor of behavioral science and marketing at Chicago Booth, writes "People send résumés and go to interviews thinking that they care only about salaries and promotions. These are important, yes, but they are not enough. To identify a satisfying job, people should be thinking about office morale and doing work that is interesting and fun."

David Axelrod, Austan Goolsbee Discuss Legacy Of President Obama

WBEZ - Jan 13, 2017

In a wide-ranging interview with Morning Shift host Tony Sarabia, former Obama staffers David Axelrod and Austan Goolsbee talk about Obama’s eight years in the White House and what legacy he might leave behind. Axelrod, who once served as Obama’s chief political adviser, now runs the Institute of Politics at the University of Chicago, the school where Obama turned to when he needed valued economic advice. Goolsbee is currently a professor at the university’s Booth School of Business. He served as chairman of the Council of Economic Advisers early in Obama’s first term.

Barriers to a border tax?

CNBC - Jan 11, 2017

Austan Goolsbee, University of Chicago Booth School of Business economics professor, and CNBC's Steve Liesman work through the details of a potential border tax from the Trump administration.

Why Most Economists Are So Worried About Trump

The New York Times - Jan 11, 2017

In somber analyses, huddled hallway conversations and pointed asides during endless panel sessions at the annual conference of economists last weekend in Chicago, the major theme was a sense of anxiety about the incoming Trump administration.

A nagging doubt below the market's ebullient surface

CBS News - Jan 11, 2017

That’s a lot to chew through, so it’s no surprise that economic uncertainty has reached its highest level in years according to a media-based index created by economists from Stanford, the University of Chicago and Northwestern that uses mentions of uncertainty in major newspapers.

Tribal Warfare in Economics Is a Thing of the Past

Bloomberg - Jan 11, 2017

In the mid-20th century, a number of prominent economists at the University of Chicago gathered together and advanced free-market theories. But today, that university includes Austan Goolsbee, who was chairman of the Council of Economic Advisers under President Barack Obama, and Richard Thaler, founder of behavioral economics. The free-market ideas promulgated by the likes of Milton Friedman, George Stigler and other Chicago luminaries of old have diffused into the general economics profession, where they have mixed with and been tempered by other ideas and traditions. The old Chicago School is no more.

How Economists Can Stay Relevant Under Trump

Bloomberg - Jan 10, 2017

“The economic elite did many things to undermine their credibility while people’s economic fortunes were taking a turn for the worse,” said Steven Davis, an economist at the University of Chicago. But a road map for regaining trust is elusive.

Former Presidential Adviser Previews Obama's Farewell Address

NPR - Jan 10, 2017

President Obama delivers his valedictory speech from Chicago Tuesday night. Steve Inskeep talks to former Obama senior adviser Austan Goolsbee for an idea of what he expects from the speech.

Dollar should not delay Fed interest-rate hikes, global-economy experts Rajan and Rogoff tell MarketWatch

MarketWatch - Jan 9, 2017

Raghuram Rajan, the former head of the Reserve Bank of India and now a professor of finance at the University of Chicago’s Booth School of Business, agreed that it makes sense for the Fed to “watch carefully and raise rates when appropriate.” “If the U.S. slowly starts recognizing that with the economy close to full employment, the normal rules of economics will start playing out again, and, the tighter [the labor market] gets, the higher wages will grow, and you’ll get more inflation,” Rajan said in a separate interview.

Asset prices are not ‘broadly unsustainable,’ Fed’s Powell says

MarketWatch - Jan 9, 2017

Raghuram Rajan, the former head of India’s central bank and now a professor of finance at the University of Chicago’s Booth School of Business, said there was a risk to asset prices from tighter monetary policy. Paraphrasing Warren Buffett in an interview with MarketWatch, Rajan asked, “As the tide of low interest rates and accommodation flows out, what exactly do we find on the beach?”

Top Economists Grapple With Public Disdain for Initiatives They Championed

The Wall Street Journal - Jan 8, 2017

Many academic economists have been champions of free trade and globalization, ideas under assault among rising populist movements in advanced economies around the world...“The economic elite did many things to undermine their credibility while people’s economic fortunes were taking a turn for the worse,” said Steven Davis, an economist at the University of Chicago. But a road map for regaining trust is elusive. “I used to think facts and analysis will ultimately carry the day but now I’m not quite sure.”

Obama Says Goodbye This Week, But His Message Hasn't Always Gotten Through

NPR - Jan 8, 2017

Even before Barack Obama moved into the White House, he and his team made a choice that made actually selling his policies to the public more difficult. In December 2008, Obama's economic team gathered in Chicago to map out what would become the American Recovery and Reinvestment Act. "A dispute, discussion, something breaks out at that meeting. We haven't even come in yet," said Austan Goolsbee, a professor at the University of Chicago, who was a top economic adviser in the early years of the Obama presidency.

Here's the trick to exploiting Wall Street's famous January effect

USA Today - Jan 08, 2017

Since 1926, according to data compiled by University of Chicago professor Eugene Fama and Dartmouth professor Kenneth French, small caps in January have beaten large caps by an annualized average of nearly 30% per year.

Overcome Your Cash Conundrums With the Power of Psychology

The New York Times - Jan 5, 2017

Adam Smith and the fathers of traditional economics gave us the idea of humans as rational economic actors, primed to make self-interested decisions that lead to good outcomes for everyone. We have the founders of behavioral economics to thank for tearing this idea down over the last few decades. The leading lights in the field, such as the psychologist Daniel Kahneman and the Chicago economist Richard Thaler, have cataloged the seemingly countless ways in which we fool ourselves into making bad decisions that lead to problematic economic outcomes.."

How Can I Afford to Work Out Without Going Broke?

New York Magazine - Jan 5, 2017

According to a 2016 study (Ayelet Fishbach) at the University of Chicago’s Booth School of Business, enjoyment from the get-go (i.e., a feeling of immediate reward) has a huge impact on whether you continue to do it, whereas delayed rewards — the promise of improved health, a longer life, and all the other reasons why you’re supposed to exert yourself — aren’t enough to get people past the initial burst of New Year’s resolution energy.

Fed Tightening Eases Stimulus Pressure Globally, Rajan Says

Bloomberg/Economic Times/Livemint/Nasdaq - Jan 4, 2017

“The expectation is that the dollar will remain strong and that certainly is consistent with the Federal Reserve being first out of the box in normalizing policy,”’ said (Raghuram) Rajan, who stepped down as governor in September at the end of his three-year term. He is now a finance professor at the University of Chicago Booth School of Business.

Fed Tightening Eases Stimulus Pressure Globally, Rajan Says

Bloomberg/Yahoo! - Jan 03, 2017

The Federal Reserve’s plan to further withdraw support for the U.S. economy will ease pressure on other major central banks to keep up their own “aggressive” monetary stimulus, former Reserve Bank of India Governor Raghuram Rajan said.

France’s New Opt-Out Organ Donation System Is a Good Idea

New York Magazine - Jan 03, 2017

It’s a move that, as prominent behavioral economists like Dan Ariely and Richard Thaler have long argued, could help increase the rates of organ donations, perhaps in part by simply streamlining the process.

The People Who Evangelized for the 401(k) Now Think It’s Made Retirement Much Tougher

Slate - Jan 03, 2017

Some, like noted economist Richard Thaler, see a simple fix to the 401(k) savings problem: Unfortunately, it’s more complicated than that. Many companies already do auto-enroll their workers, but as of now employers aren’t required to even offer a 401(k) and they’re certainly not required to offer a match—and if they do match, they can stop at any point. Given the political climate in Washington, it’s hard to believe any of that will change soon.

International Media

Business Education: Global MBA Ranking 2017

Financial Times - Jan 29, 2017

The Financial Times published its annual global ranking of Full-Time MBA schools. Chicago Booth was ranked 9th; last year, Booth ranked 8th. Among US business schools, Booth ranked 5th; last year, Booth ranked 6th.

Leading business schools find it is growing tougher at the top

Financial Times - Jan 29, 2017

The full-time MBA at Chicago’s Booth School of Business has been in the top 10 of the FT’s ranking for several years. Applications were up more than 20 per cent this year and the school also saw an increase in female candidates. However, Douglas Skinner, Booth’s dean, acknowledges that even his school is caught in a battle for the best applicants. “Our answer to that is we need to keep developing new programming to keep students interested in being on campus and to increase the value for them,” he says.

CBR’s favourite charts of 2016

Livemint - Jan 27, 2017

Here are a handful of data visualizations by Chicago Booth Review from 2016 that prove facts can be beautiful.

Kroszner: Trump to Reform, Not Deregulate Banks

Bloomberg London - Jan 26, 2017

Randall Kroszner, professor of economics at University of Chicago Booth School of Business, looks at U.S. President Donald Trump's ability to affect change on bank regulations and discusses concerns of a Chinese banking crisis. He speaks with Bloomberg's Francine Lacqua on "Bloomberg Surveillance." (Source: Bloomberg)

Kroszner: Fed to Adopt Faster Hiking Pace in 2017

Bloomberg - Jan 26, 2017

Randall Kroszner, professor of economics at University of Chicago Booth School of Business, explains why he sees the Federal Reserve hiking at a faster pace in 2017 and looks at how the policies of President Donald Trump can impact the Fed. He speaks with Bloomberg's Francine Lacqua on "Bloomberg Surveillance." (Source: Bloomberg)

Trump now adds a lethal dose of despair to his potent brew of fear, suspicion and fanaticism

The Economic Times - Jan 26, 2017

With the lowest popularity rating of any American president starting a new term, Trump is on precarious ground. Already, there are ruminations of a post-Trump era. Austan Goolsbee, a Chicago professor who was chairperson of Obama's Council of Economic Advisers, predicts a pendulum swing with the electorate looking to replace Trump with someone who is neither cruel nor impulsive.

Executive courses set to change the way recruiters fill CSR roles

Livemint - Jan 24, 2017

Several foreign and Indian universities are already offering executive programmes with CSR modules...The executive education at University of Chicago Booth School of Business is one such course. “It is helpful for profit, nonprofit alike with CSR being an essential component of business strategy for both,” Renu Kulkarni, associate dean of executive education at the institute said.

Why mobile customers are better off under democratic govts

Livemint/MSN - Jan 20, 2017

The entry of Reliance Jio has revived India’s telecom wars which include both pricing as well as efforts to influence policy to deal with competition. A recent paper by Mara Faccio and Luigi Zingales, professors of finance at Purdue and Chicago universities, shows that government intervention in telecom markets is a common phenomenon in most countries.

Trump's trade stance could be spoiler: Rajan

CNBC Asia - Jan 16, 2017

Raghuram Rajan at The University of Chicago Booth School of Business weighs in on the effect of Trump's proposed policies on the world.

US-China trade war could get ugly pretty fast: Rajan

CNBC Asia - Jan 16, 2017

Raghuram Rajan at The University of Chicago Booth School of Business talks about the prospects of a trade war and central bank independence.

Trade tensions, dollar danger cloud economic optimism in Davos

Reuters UK and India/Yahoo Finance UK/Moneycontrol/Business Standard/DailyMailOnline/Firstpost.com/London South East/Sify - Jan 16, 2017

Trump is threatening to brand China a currency manipulator and impose heavy tariffs on imports of Chinese goods. Last month he named leading China critic Peter Navarro, author of the book "Death by China", as a top trade adviser. "This is the key uncertainty because you don't know how much the rhetoric is a ploy to get better deals," said Raghuram Rajan, an economist at the University of Chicago who stepped down as governor of India's central bank last September.

The business of free: How to boost your chance of getting a freebie

BBC News - Jan 12, 2017

Everyone loves a freebie, but is it really free? Not even remotely, says Jean-Pierre Dube, professor of marketing at the University of Chicago Booth School of Business. Instead, the cost of giving away free samples comes from a firm's marketing budget, which in turn comes from its overall earnings.

Rajan, Dube Awarded Named Professorships By University Of Chicago

News India Times - Jan 12, 2017

Sixteen faculty members of the University of Chicago received named professorships or were named distinguished service professors Jan. 9, among them Raghuram Rajan of the Booth School of Business who recently quit as the Governor of the Reserve Bank of India; and Oeindrila Dube, a Rhodes Scholar and expert in conflict and crime in Latin America and Sub Saharan Africa.

Economists in the age of Trump

Bangkok Post/Australian Financial Review - Jan 12, 2017

Reprint of Bloomberg article. “The economic elite did many things to undermine their credibility while people’s economic fortunes were taking a turn for the worse,” said Steven Davis, an economist at the University of Chicago. But a road map for regaining trust is elusive.

American companies are thinking long term

Livemint - Jan 11, 2017

Reprint of Chicago Booth Review article where Professor Steve Kaplan, Neubauer Family Distinguished Service Professor of Entrepreneurship and Finance at Chicago Booth, writes "There have been concerns that most US firms focus on short-term gains. However, data suggest that such concerns about short-termism and poor governance are overblown."

Taking a risk: Business as art

The Economist - Jan 04, 2017

One such, the University of Chicago’s Booth school, is introducing elements of more free-thinking arts subjects to its MBA programme. Chief among them is the school’s artist-in-residence (and former ballet dancer) John Michael Schert (pictured front).

Face time with strangers can boot economy

The Sydney Morning Herald - Jan 01, 2017

But research by Nicholas Epley, of the University of Chicago's Booth School of Business, and Juliana Schroeder, of the University of California, Berkeley's Haas School of Business, shows our instincts are wrong.

Alumni

Satya Nadella, Microsoft, on why robots are the future of work

Financial Times - Jan 29, 2017

Satya Nadella, Microsoft’s chief executive, was faced with an unusual PR debacle in March. The troublemaker was Tay, a teenage girl-inspired bot, which had been programmed to interact with Twitter users...Born in the southern India city of Hyderabad, Mr Nadella is the son of a civil servant and a teacher of Sanskrit drama. He has a reputation for being industrious. Early in his career, he spent weekends in Chicago to complete an MBA at the Booth School of Business, a flight of several hours from Microsoft’s headquarters in Redmond, Washington state.

Why business school mentoring can work both ways

Financial Times - Jan 29, 2017

Zach Satlin, a Booth graduate, reflects on his mentor and what each gains from the relationship.

Michael Kraines Named Chief Financial Officer of Trading Technologies

Businesswire/Yahoo Finance - Jan 23, 2017

Trading Technologies International, Inc. announced today that Michael Kraines has been appointed Chief Financial Officer. Mr. Kraines will be responsible for finance, planning, strategy and business development. Mr. Kraines earned a B.A. with distinction from Cornell University, a J.D. cum laude from Harvard Law School, and an MBA from the University of Chicago Booth School.

Jeffrey L. Tate Named to Chemical Financial Corporation Board of Directors

Globe Newswire/Yahoo Finance - Jan 23, 2017

Chemical Financial Corporation today announced that Jeffrey L. Tate, Corporate Auditor for The Dow Chemical Company, was appointed to the Board of Directors of Chemical Financial Corporation. Mr. Tate earned a Bachelor’s degree in Accounting from the University of Alabama. He also completed the University of Chicago Booth School of Business Executive Program for Prospective CFOs.

LaMarr Barnes Named as CEO U.S. Water Services, Inc.

Businesswire/Yahoo Finance - Jan 18, 2017

U.S. Water announced today that LaMarr Barnes has been named Chief Executive Officer of U.S. Water Services (U.S. Water), a wholly owned subsidiary of ALLETE, Inc. Barnes is recognized as an expert in plant operations and integrated water treatment program applications. He earned a bachelor’s degree in physics from the University of Illinois – Champaign, Urbana, and an MBA from the Booth School of Business at the University of Chicago.

ALLETE Names LaMarr Barnes U.S. Water Services CEO

Businesswire/Yahoo Finance - Jan 16, 2017

ALLETE, Inc. (NYSE:ALE) announced today that LaMarr Barnes has been named Chief Executive Officer of wholly owned subsidiary U.S. Water Services (U.S. Water). Barnes is recognized as an expert in plant operations and integrated water-treatment program applications. He earned a bachelor’s degree in physics from the University of Illinois – Champaign, Urbana, and an MBA from the Booth School of Business at the University of Chicago.

Altus Capital Partners Announces Promotions of Three Key Investment Team Members

Business Wire/Yahoo/PE Hub - Jan 11, 2017

Mr. (Thomas) Groh earned an MBA from the University of Chicago Booth School of Business, an MPA from the Indiana University Kelley School of Business, and a BBA from the Western Michigan University Haworth College of Business. He also serves on the Board of Prism Plastics, Inc.

Out of work for six months or more? Here's why you can't find a job

USA Today - Jan 8, 2017

Daniel Brown, who led a $200 million business unit that made material for packaging and labels and has an MBA from the University of Chicago, thought he would land a similar six-figure job within a few months of losing the position in September 2015 due to a restructuring. “It used to be jobs found me,” says Brown, 46, who lives in Wheaton, Ill. “The world has definitely changed.” He has learned, for example, that his diverse work history, which includes overseeing marketing, strategy, and mergers and acquisitions, is viewed as a negative by the many firms that seek in-depth experience in specific areas.

Canadian Linen Promotes Andrew Steiner to Senior Vice President of Canadian Operations

Globe Newswire/Yahoo Finance - Jan 5, 2017

Canadian Linen and Uniform Service, a leading textile rental services and supply company in North America, today announced the appointment of Andrew Steiner to Senior Vice President of Canadian Operations, effective January 1, 2017. Prior to joining the company in 2001, Andrew was the founder and owner of Blue Link Innovations, Inc. He has an MBA from the University of Chicago-Booth School of Management and a BSE degree from Princeton University.

Hey, kids: Want to be the next Bill Gates?

Crain's Chicago Business - Dec 29, 2016

Chicago startup Makexchange sells beginners' kits for inventing with electronics. The box comes with step-by-step instructions to create 15 devices using lights, sounds, sensors and motors. “You're learning, but you're learning with something you can actually make a million-dollar product with,” founder and CEO (and Alumnus) Joseph Greer says. The company is seeking to raise $25,000 with an Indiegogo campaign, which showcases one of the gadgets you can make with the kit—a paper airplane launcher.

Simple Mills' not-so-simple success: 5 questions with founder Katlin Smith

Chicago Tribune - Jan 03, 2017

When the company was still in its infancy, (Katlin) Smith attended University of Chicago's Booth School of Business, where the concept won funding and cachet through the school's New Venture Challenge. Simple Mills — which has grown to include crackers and frosting in addition to those baking mixes — is now based in River North.

Students

Doctor named to young leaders group; Methodist Home gets national re-accreditation

The Telegraph - Jan 19, 2017

Dr. Avinesh Bhar has been selected as one of 33 professionals from 24 countries to join the 2016 Class of Asia 21 Young Leaders. Bhar is board-certified in internal medicine, pulmonology, critical care and sleep medicine. He joined Navicent Health Physician Group in November from Mercer University School of Medicine, where he served as assistant professor of Internal Medicine and is currently pursuing his executive masters of business administration at the University of Chicago’s Booth Business School.

Startups prep pitches for shot at New Venture Challenge

Chicago Tribune - Jan 10, 2017

Optimism may be what drove the crowd of 40 teams to pitch their startup ideas last week at an event preparing prospective entrants for the Booth School of Business' New Venture Challenge and Social New Venture Challenge. The competition requires a current University of Chicago graduate student to be on board with a project, with at least a 10 percent equity stake; only University of Chicago students are allowed to present at the competition's finals.