Author: EconLearner
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CVS Health’s new CEO, David Joyner, has promoted an internal executive, Prem Shah, as … [+] company group chairman and hired from abroad a well-known former UnitedHealth Group executive, Steve Nelson, to lead Aetna, the nation’s third-largest third-largest health insurer, the company said Wednesday, Nov. 6, 2025. In This photo is CVS Pharmacy and Grocery Store Exterior, New York, New York, USA. (Photo: GHI-Plexi Images/UCG/Universal Images Group via Getty Images)UCG/Universal Images Group via Getty Images CVS Health’s new CEO, David Joyner, promoted an insider, Prem Shah, to the company’s group president and hired former UnitedHealth Group executive Steve Nelson to…
On the shores of a North Sea estuary in the Scottish Highlands, a 181-year-old whiskey still marks a ten-year environmental achievement: the introduction of 112,000 native European flat oysters into the Dornoch Firth. Led and funded by the Glenmorangie Company, it is the product of a tripartite collaboration of business, scientists and naturalists known as DEEP, ‘The Dornoch Environmental Enhancement Project’. A scientist from Heriot-Watt University’s DEEP team distances native oysters newly added to the Dornoch Firth.Richard Saxsmith Scientifically coordinated by marine biologists at Heriot-Watt University in Edinburgh and supported by the UK’s Marine Conservation Society, the project was conceived…
Hiring a professional who can’t perform their task could end in a disaster for you. Especially when it comes to taxes and finances.
LONDON, ENGLAND – FEBRUARY 16: A photo illustration of chocolate chip cookies on February 16, 2018 in … [+] London, England. (Photographic illustration by Dan Kitwood/Getty Images)Getty Images An average toddler in the UK gets around 47% of their calories from highly processed foods such as packaged yoghurts, sweetened cereal products, puddings and wholemeal bread, new findings say. This percentage increases to 59.4% by the age of seven. “The increase in the dietary share of highly processed foods has been accompanied by a decrease in the intake of unprocessed and minimally processed foods in favor of ready-to-eat and ready-to-heat products…
Before the release of the System/360 in 1964, computers were largely single and fixed units, so changing one component meant changing the entire computer. The System/360 family of mainframe computers, in contrast, featured compatible software and standardized hardware that allowed their products to be easily reconfigured or upgraded.This new system was so different in format that IBM had to restructure its organization to build it.”When we have a big change in technology,” he says Niko Matusekprofessor of strategy at the Kellogg School, “the question is, ‘How do we think this will change the way businesses are organized?’In the case of…
A Russian Sukhoi Su-57 stealth fighter jet arrives at Zhuhai Jinwan Airport for the 15th China … [+] International Air and Aerospace Show (Photo by VCG/VCG via Getty Images)VCG via Getty Images The Russian Aerospace Force’s most advanced fighter jet, the Sukhoi Su-57 (NATO’s familiar name Felon) arrived in China on Monday ahead of the upcoming 15th China International Aviation and Aerospace Exhibition, which will begin on November 12 outside the Zhuhai city in Guangdong province. This will be the first time the Sukhoi Su-57 will be on display at the biennial air show, which has become the People’s Republic…
“He was telling me how much he loved making a particular painting,” says Teeny, “but he caught himself and added, ‘But I put a lot of work into it and it took a long time to make it.’ Like he had to justify the fact that he enjoyed making it, or I might discredit it.”Unbeknownst to this artist, it was exactly the kind of phenomenon that Teeny, an assistant professor of marketing at Kellogg, is exploring in his research.Specifically, Teeny is curious about how our perception of how much someone enjoys making a product or providing a service—or “production enjoyment”—can…
Actually, studies have shown that people in the same profession find it difficult to hold each other accountable. The effect is particularly pronounced in traditional, internal fields such as lawaccounting and medicine which have a history of self-regulation.”It’s difficult for people in the same profession to effectively discipline peer misbehavior,” says Hatim Rahman, associate professor of management and organizations at the Kellogg School. “Professionals often turn a blind eye and look the other way.”In response, regulators have launched transparency efforts—such as “sunshine laws” that make disciplinary proceedings publicly available—to help enforce professional accountability. This increased transparency should, in theory, encourage…