MIT Sloan

The 6 best business books of 2017, according to economists, editors, and professors

Some of the biggest ongoing business stories of our time, from the personal and political effects of increased globalization to the confrontation of ingrained sexism in Silicon Valley, are reflected in this year's list of best business books from McKinsey and the Financial Times.<p>Since 2005, …

Business

ATM at 50: An oddity then, but it changed consumer behavior

NEW YORK (AP) — An automated teller machine. The cash machine. In Britain, a cashpoint. ATMs, known for spitting out $20 bills (and imposing fees if you pick the wrong one), turn 50 years old this year. They're ubiquitous — and possibly still a necessity, despite the big changes in how people pay …

Banking

What the New Urban Anchors Owe Their Cities

Corporations like Google and Amazon reap the spoils of the new winner-take-all urbanism. Here’s how they can also bear greater responsibility.<p>As some of the main drivers and primary beneficiaries of the recent urban revival, anchor institutions are often the largest employers in their communities. …

Cities

Okta Could Collapse With Lockup Expiration

When the OKTA IPO lockup expires on October 4, 2017, more than 79 million previously restricted shares will be eligible for trading.<p>OKTA's share …

Business

This nonprofit uses behavioral science to nudge people towards making good choices

Areas like financial literacy, water conservation, and university degree completion can all benefit.<p>By Rebecca Linke | September 20, 2017<p>Sometimes …

MIT

Pi takes wireless charging to new level, can power your iPhone from a foot away

Why it matters to you<p>If you're looking for a truly wireless way to charge your iPhone, the Pi may be your best bet.<p>For the most part, wireless …

Wireless

3 Ways to Eliminate Your Credit Card Debt Now

Speaking about how smartphones have invaded our lives, Japanese author Haruki Murakami says, “Cell phones are so convenient that they’re an …

Personal Finance

Google's data hoarding is like homeopathy. It doesn't work – study

Data, it has been argued, is the new oil – the fuel for the information economy – but its importance to search engines may be overstated.<p>In a paper …

Privacy

Design thinking, explained

Solve any business problem with this approach.<p>By Rebecca Linke | September 14, 2017<p>Graphic design by Mimi Phan<p>Why It Matters<p>Coming up with an idea is …

Design Thinking

Reviews of Clinton’s memoir were deleted for violating company guidelines, Amazon says

Copies of Hilary Clinton’s new book “What Happened” line shelves before she arrives for a book signing in Barnes & Noble Union Square in New York. …

Publishing

Is bitcoin another tulip craze or a legitimate investment?

Every instinct as an investor tells me to stay away from bitcoin, the online “crypto” currency invented by some mystery man and criticized by JPMorgan Chase chief executive Jamie Dimon on Tuesday as a “fraud.”<p>Dimon, one of the most powerful voices on Wall Street, said he would fire anyone trading …

Bitcoin

What JPMorgan's Jamie Dimon got right -- and wrong -- about Bitcoin

JPMorgan Chase (JPM) CEO Jamie Dimon is the latest in a long list of Wall Street's elite to warn about the dangers of Bitcoin, even vowing to fire …

Jamie Dimon

MIT students design and donate sleeping bags to Syrian refugees

"It’s a simple solution to a big problem."<p>By Rebecca Linke | September 13, 2017<p>MIT students are sending sleeping bags to Syrian refugees.<p>Why It …

MIT

ELLE International and MIT Join Forces on New Fashion and Luxury Management Program

Anyone who's watched a beloved brand fade into oblivion or niche studio suddenly explode onto the scene knows fashion is as much a business as it is …

Management

2 from MIT Sloan make Boston Business Journal’s 40 under 40 list

MIT Sloan alumni honored for bolstering robotics, startups, innovation.<p>By Rebecca Linke | September 13, 2017<p>Mira Wilczek (right) and Fady Saad were …

MBA

Why Home Care Costs Too Much

As baby boomers age into long-term care facilities, Medicaid costs will go through the roof. Americans already spend—counting both public and private money—more than $310 billion a year on long-term support services, excluding medical care, for the elderly and the disabled. Medicaid accounts for …

Health Care

Steve Jobs still looms large at Apple. Tim Cook seems just fine with that.

Steve Jobs was literally a towering presence at Tim Cook's highly anticipated 10th anniversary iPhone launch event Tuesday. The late Apple co-founder's name was on the auditorium where the event at the company's new spaceship campus was held. Giant images of the company's iconic former chief …

News (U.S.)

The Consequences Of Auditing The Auditors

Nemit Shroff, an associate professor of accounting at the <i>Massachusetts Institute of Technology,</i> Sloan School of Management, has written a study of …

Business

MIT named No. 5 university by U.S. News

<i>U.S. News and World Report</i> has placed MIT fifth in its annual rankings of the nation’s best colleges and universities, which were announced today. …

Management

Old questions, new answers: The changing narrative of the great recession

Researchers found that most of the growth in credit during the early 2000s boom was the primary trigger of the economic recession. Photo: …

Economy

MIT startups: 18 to watch

The highest number of startups ever took the stage at this year’s MIT delta v Demo Day.<p>By Kara Baskin | September 11, 2017<p>Pine Health’s Lina Colucci …

MIT

Smart Phones Are Outwitting Poverty

Alexander Graham Bell would be astonished at the power of today’s smart phones. Yes, the app that makes it possible to find a Starbucks along an …

MIT

Americans would save $2.2 billion if they did all their shopping online

The purchasing power of one dollar is worth more online, according to software company Adobe’s Digital Price Index, which looked at online and offline spending. If consumers had shifted all of their offline spending last year to online, that difference would have meant saving about $2.2 billion, it …

eCommerce

Dual Headquarters, Amazon's Next Management Frontier -- WSJ

This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (September 9, 2017).<p>Amazon.com Inc. founder Jeff Bezos has never been one to shy away from logistical challenges. But his company's …

Business School

Students from these 10 universities are most likely to become millionaires

Colleges in the US and the UK dominate the list of those that graduate the most students who go on to make millions.<p>Want to be a millionaire? Going …

MBA

Study: 8 new skills college students say they need to succeed

One of the defining elements of the knowledge economy is communication. Whether that means communicating upward, downward, inside or outside …

Management

Workplace support can positively influence parents' well-being

Employers who support working parents and their personal lives can positively influence the well-being of those employees and help them have more …

Research

Prices Keep Falling Faster Online. But for How Long?

New price data from Adobe Systems Inc., released today, show that online increased its price advantage vs. offline over the past two years. Logically …

eCommerce

Study finds faulty research creates a significant drop in use of prior published work

Life scientists who have published papers that are retracted by journals subsequently suffer a 10 percent drop in citations of their remaining work, …

Research

Med School Grads Go to Work for Hedge Funds

Matthew Alkaitis, a third-year student at Harvard Medical School, is calm, friendly, and a good listener—the kind of qualities you’d want in a …

Business