Students in Kristen Janiak Goggin's middle-school math class have spent the school year learning about real-world microlending by developing their own businesses to receive and grant loans. In this blog post, Goggin outlines the program and the online tools they use to set up bank accounts, acquire and give loans, and start their own small businesses.
Selling is a learnable skill that can be respectful and dignified when done properly, says Boston Beer founder Jim Koch. Boston Beer sales representatives go through a number of training courses that include basic selling skills, strategic selling and how to hold wholesaler meetings, Koch says.
Just over half of students seeking campus mental-health services in 2015-16 reported having anxiety, followed by those who had feelings of depression, a recent survey shows. The survey also found that nearly 42% of counseling centers hired extra staff in the past academic year to handle an uptick in students seeking services.
Cenovus, one of Canada's biggest energy producers, has agreed to buy some of the oil sands and natural gas assets of ConocoPhillips in western Canada for $13.3 billion. In after-hours trading, ConocoPhillips shares rose 6%, and Cenovus shares fell more than 8%.
Wegmans Food Markets has named Colleen Wegman as president and CEO, succeeding her father Danny Wegman, who will stay on as chairman, the company said Wednesday. Colleen Wegman has worked for the retailer since 1991, and has held various roles including store manager and e-commerce director.
A study in the European Heart Journal found cardiac arrest patients taken directly to a specialized heart center were 11% more likely to survive 30 days, compared with patients transported to the nearest local hospital. Researchers said the study, done in Denmark, did not find that distance to a specialized heart center affected mortality risk.
Consumer spending in mobile apps has doubled over the past two years, and total spending on apps is likely to rise to $139 billion globally by 2021, according to App Annie. As for operating systems, consumers are projected to spend more in Android app stores this year than in Apple's store.
Japanese clothing brand Uniqlo is adjusting its store strategy in the US, closing locations in suburban malls and focusing on bigger stores in major cities including New York and Washington, D.C. The move marks the retailer's third attempt to build its brand in the US market, and follows other recent efforts including its first US ad campaign, a new denim innovation center in Los Angeles and a plan to cut production time to one to two months.
The use of artificial intelligence to battle cyberattacks is expected to grow enough to partly offset the shortage of qualified professionals, but it's not a panacea, particularly if companies don't use basic defense tactics, writes Doug Drinkwater. Intertek executive Dane Warren said, "Through enhanced automation, orchestration, robotics, and intelligent agents, the industry will see greater advancement in both the offensive and defensive capabilities."
Roche Holding's injectable Ocrevus, or ocrelizumab, has been approved by the FDA as a treatment for the primary progressive form of multiple sclerosis. The approval was based on a clinical study that showed patients being treated with Ocrevus were 47% more likely to have no disease progression than patients taking a placebo.
Federal Communications Commission Chairman Ajit Pai has announced that he is giving states the power to determine which providers will participate in the Lifeline low-cost broadband program, a move that resulted in backlash from Democrats. "Congress gave state governments, not the FCC, the primary responsibility for approving which companies can participate in the Lifeline program under Section 214 of the Communications Act," Pai said in defense of the move.
Jim Lynch, a vice president at Autodesk, says building information modeling can help state and federal governments wisely invest in infrastructure projects. The projects can be designed virtually before construction starts, allowing planners to understand the viability of a project before its built and "validate the approach and costs."
Nike released new packaging for its NikeLab Air Max 1 Royal shoe by using 100% post-consumer waste, such as milk jugs, coffee lids and plastic containers. The packaging, which was developed through a partnership with Taiwan-based company Miniwiz, can also be used as a backpack.
US airports face a $42 billion shortfall in infrastructure needs, according to the American Society of Civil Engineers, and there is broad agreement on the need to improve airports. Consensus breaks down, however, on where the money will come from.
The Lanesborough Club & Spa opened this month for the exclusive use of hotel guests and members at the Lanesborough property in London. The luxury spa features five treatment rooms, including a VIP room with double showers, mani/pedi stations, a hydrotherapy pool and personal spa butlers to order lunch or make reservations.