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This spring, Toys "R" Us tested the Zhu Zhu Pets in the Phoenix area. "When the first numbers came in, we could hardly believe them," says Storch. "We fell in love immediately." So have consumers. Cepia also executed a clever marketing plan. During the summer, the company hosted hamster-demonstration...
More broadly, what sorts of companies should we be worried about? Unfortunately, private-equity firms infiltrated almost every industry - industrials, consumer goods, retail, hospitals, utilities - so a leveraged-buyout bust will be very widespread. TXU, which is now called Energy Future Holdings, one of the largest utilities in Texas, faces...
After being quoted in a collegiate newspaper that he had “challenged” an economic study penned by two Harvard faculty members, a sociologist at the University of Texas has insisted that he was not formally critiquing their work, but rather providing an alternative explanation for the...
An article in The Daily Texan last Thursday implied that Robert D. Woodberry of the University of Texas was challenging a 2003 study on the relationship between religion and economic growth authored by Harvard economics professor Robert J. Barro and his wife Rachel M. McCleary, a senior research fellow at...
Historian H.W. Brands of the University of Texas points to the demise of the Glass-Steagall Act in 1999 as an unfortunate tipping point of deregulation. Glass-Steagall, passed in 1933, separated investment banking and plain-vanilla banking, which some experts argued made markets safer. (Certain restrictions of Glass-Steagall...