November 2001
NEWS SUMMARIES
UI NAMES BUILDING 'POMERANTZ CENTER' TO RECOGNIZE $10
MILLION GIFT—
The University of Iowa will name a new career services building in
honor of 1952 UI business graduate Marvin A. Pomerantz of Des Moines,
in recognition of his $10 million gift to the UI. Pomerantz, chairman/CEO of
Gaylord Container Corporation and Mid-America Group, and his wife
Rose Lee, will provide key funding for the Pomerantz Center.
UI MBA PROGRAM OFFERS SCHOLARSHIPS FOR DISPLACED
WORKERS—
The University of Iowa's Henry B. Tippie School of Management will
provide up to $100,000 in scholarships and assistantships to help
qualified people who have been laid off from their jobs earn MBA degrees.
IOWA ECONOMIC FORECAST PROJECTS SLOW STATE INCOME
GROWTH—
In its latest Iowa Economic Forecast, the UI Institute for Economic Research
predicts slow, but positive personal income growth for Iowa for 2001,
slowing
further to an annual growth of just .8 percent in the first quarter of
2002.
STUDENTS TEST ANALYSIS SKILLS, TRADE FUTURES IN MOVIE
MARKET—
Using the Iowa Electronic Markets (IEM), marketing students at the Tippie
College
and Winona State University are speculating on the box-office success of
"Monsters,
Inc." and "Harry Potter and the Sorcerer's Stone." Tom Gruca, associate
professor of
marketing at the UI, uses the IEM to help his MBA marketing management
class gain
practical experience in marketing analysis and financial trading.
The IEM has also opened public trading in a futures market on the
Federal Open Market Committee's (FOMC) decision to raise or lower
interest rates, or keep them unchanged.
NCS PEARSON'S SMITH JOINS BOARD OF VISITORS—
David W. Smith, president and CEO of NCS Pearson, has joined the
Board of Visitors of The University of Iowa Henry B. Tippie College
of Business. The Board of Visitors is made up of more than 2 dozen
business and academic leaders who provide advice to College
administrators about programs and professional activities.
STUDENT KEVIN RAGON JOINS KRAUSE CHALLENGE BOARD—
UI senior Kevin Ragon was chosen to represent the UI on the Krause
Gentle board of directors and the Krause Challenge Students Board for
the fall semester. Ragon will act as a liaison between the board and the
UI Tippie College of Business for the Krause Challenge competition.
BUSINESS FOUNDERS SPEAK NOV. 12 AT SANDAGE SPEAKER
SERIES—
Founders of three entrepreneurial Iowa companies shared their business
experiences Nov. 12 as part of the Sandage Entrepreneurial Speaker Series.
The UI John Pappajohn Entrepreneurial Center, the Sandage Charitable
Trust and the UI Small Business Development Center sponsor the program,
which is free and open to the public.
NATIONAL NEWS
SWANSON OFFERS INTERVIEWING TIPS (Employment Review, Oct. 15)—
A story offering interview tips for job-seekers quotes JAYNE SWANSON,
a placement specialist at the University of Iowa. "There are a number of
books
on the market that can help identify interviewing questions," Swanson says.
"Practice out loud or ask a friend to serve as the interviewer. Think about
the
key skills you possess for the job and make sure these come out in your
answers."
YETMAN COMMENTS ON CHARITIES' INCOME TAX RETURNS
(Chronicle of Philanthropy, Oct. 18)—
In an article about outside business income earned by charities, ROBERT
YETMAN,
an assistant professor of accounting at the UI, says he believes that
nonprofit groups are
making appropriate use of the law on unreported business income, noting
that private
businesses have enjoyed a wide range of private tax breaks for decades.
Yetman,
who recently published a study of charities' income tax returns, noted that
if nonprofit
groups become overly aggressive in claiming expenses as tax deductions,
Congress
could begin to tighten the law.
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