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Frank Shrontz, a widely admired executive who led Boeing in the 1980s and ’90s, a decade of spectacular growth in both its bottom line and its prestige as one of the world’s premier aerospace companies — a period very different from its current crisis of public confidence — died on May 3 at an assisted living home in Seattle. His son Craig confirmed the death. Although he spent the bulk of his career at Boeing, Mr. Shrontz, who had a law degree and an M.B.A., was an unlikely choice to lead a company that prided itself on letting engineers and not businessmen set the pace. Yet during his time at the helm — he became president in 1985, chief executive in 1986 and chairman of the board in 1988 — he led Boeing through a growth market, a recession and a thorough restructuring that produced one of the most successful commercial aircraft ever put into service, the 777.
Persons: Frank Shrontz, , Craig, Shrontz Organizations: Boeing, Mr Locations: Seattle
What Do Students at Elite Colleges Really Want?
  + stars: | 2024-05-22 | by ( Francesca Mari | ) www.nytimes.com   time to read: +1 min
“Freshmen after spending 0.02 seconds on campus,” read the caption, posted in 2023 to the anonymous messaging app Sidechat. The campus in question was Harvard, where, at a wood-paneled dining hall last year, two juniors explained how to assess a fellow undergraduate’s earning potential. It’s easy, they said, as we ate mussels, beets and sautéed chard: You can tell by who’s getting a bulge bracket internship. One of the students paused, surprised that he was unfamiliar with the term: A bulge bracket bank, like Goldman Sachs, JPMorgan Chase or Citi. Not to be confused with M.B.B., which stands for three of the most prestigious management consulting firms: McKinsey, Bain and Boston Consulting Group.
Persons: , sautéed, who’s, ” Benny Goldman, Goldman Sachs Organizations: Harvard, JPMorgan Chase, Citi, The, McKinsey, Bain, Boston Consulting Group Locations: sautéed chard
Einstein's general theory of relativity states that the curvature of space-time causes gravity. But zoom out to enormous scales like clusters of galaxies spanning billions of light years across, and the laws of Einstein's gravity theory appear to change. A 1% adjustment may not sound like a big deal, but it's enough to suggest that Einstein's theory may need a rethink. Now, with this cosmic glitch, there's a new explanation on the table. NASA/CXC/Univ of Missouri/M.Brodwin et al; NASA/STScI; JPL/CalTechThe fact that this cosmic glitch could potentially help astronomers resolve the Hubble tension is a good sign that it may truly exist.
Persons: , Albert Einstein's, Robin Wen, Wen, It's, shouldn't, Niayesh Afshordi, there's, Valerio Faraoni, Faraoni, Claire Lamman, DESI Organizations: Service, Business, Waterloo, University of Waterloo, University of British, ESA, Big Bang, NASA, of Missouri, JPL, CalTech, Bishop's University Locations: University of British Columbia
In 2018, Mr. Silva enrolled at the Stanford Graduate School of Business with the goal of starting his own company. “I was going to live the Stanford dream,” he said. Instead of starting a company from scratch — Mr. Silva had co-founded one before business school and even been its chief executive — he could buy one and run it. Mr. Silva, 34, was intrigued. After raising a search fund of more than $30 million from a small group of investors, Mr. Silva bought MásLabor, a Virginia consulting firm specializing in employment visas, in July 2021.
Persons: Edward Silva, Silva, , , , . Silva, V.C.s Organizations: Stanford Graduate School of Business, Stanford, MásLabor Locations: Virginia
Dear Tripped Up,Last May, I reserved a two-bedroom apartment in London for eight days through Booking.com, using a credit card to hold the reservation. I sent the equivalent of $3,100 dollars to the account of a man named Nyholm Peik, which I now know was a foolish thing to do. Soon afterward, Booking emailed to tell me the property was no longer available. Airbnb was just hitting 100,000 listings (compared to seven million today) and most people still thought Vrbo was a typo. Plus, I had wired money for a rental apartment via a similarly dubious-sounding website, rentflat.com.br, in Rio de Janeiro the year before without a hitch.
Persons: Nyholm, Sylvia, Kali Muthu, Airbnb, Vrbo Locations: London, Booking.com, Sylvia , New York City, Rio de Janeiro
I understand why many in an Israeli society still traumatized by the Hamas surprise attack on Oct. 7 don’t want to hear talk of a Palestinian state, even in a demilitarized form. But for many Israelis that was true for years before the Gaza war. To continue ignoring the subject now would be a grave error. Israel needs to shape it, not ignore it. This will force Israel’s Arab allies to distance themselves from the Jewish state.
Persons: Organizations: Israel, Israel reconnecting, West Bank Locations: Israel, America, Saudi Arabia, Palestinian, Gaza
Ester Baiget, the CEO of biosolutions firm Novozymes, said that "roadblocks" usually stand in the way of companies producing sustainable solutions which needed to be removed. watch nowMicrobes have been put forward as an alternative to reduce the use of chemical fertilizers, which contribute to greenhouse gas emissions. However, new microbial fertilizers need to go through regulatory approval before going to market. We need to rethink regulation in regions like Europe." Kadri also said there was a "lack of competitiveness in Europe," referring to the difficulties faced by her sector.
Persons: Lukas Schulze, Ester Baiget, Novozymes, Baiget, Steve Sedgwick, Ilham Kadri, Kadri Organizations: Getty, CNBC, Economic Locations: Bergheim, Germany, Davos, Switzerland, Europe
The M.B.A.s Who Can’t Find Jobs
  + stars: | 2024-01-16 | by ( Lindsay Ellis | ) www.wsj.com   time to read: 1 min
Jenna Starr stuck a blue Post-it Note to her monitor a few months after getting her M.B.A. from Yale University last May. “Get yourself the job,” it read. It wasn’t until last week—when she received a long-awaited offer—that she could finally take it down.
Persons: Jenna Starr, Organizations: Yale University
Embracing Love While Becoming Their Authentic Selves
  + stars: | 2024-01-12 | by ( Jenny Block | ) www.nytimes.com   time to read: +2 min
“I looked up and took a picture and made a joke about Jared’s, the jewelry store,” Ms. Carmichael said. He asked me to pull a few out and read them, so I did,” Ms. Carmichael said. Ms. Carmichael, 40, is a fourth and fifth grade special education teacher for Albuquerque Public Schools and was also raised in Albuquerque. She has a bachelor’s degree in elementary education and special education from Grand Canyon University in Phoenix. “A few months in, we made the realization that many of the issues were because Spencer was not able to be his true self,” Ms. Carmichael said.
Persons: , Ms, Carmichael, ’ ” Ms, Hatcher, , , , Mr, Spencer Organizations: Regis University, Albuquerque Public Schools, Grand Canyon University Locations: Jared’s, Carl’s, Albuquerque, Denver, Phoenix
Venezuela Covets Guyana’s Oil Fields
  + stars: | 2023-12-04 | by ( Mary Anastasia O Grady | ) www.wsj.com   time to read: +1 min
Ms. O'Grady joined the paper in August 1995 and became a senior editorial page writer in December 1999. She was appointed an editorial board member in November 2005. In 2012 Ms. O’Grady won the Walter Judd Freedom Award from The Fund for American Studies. In 2009 Ms. O'Grady received the Thomas Jefferson Award from The Association of Private Enterprise Education. Ms. O'Grady received a bachelor's degree in English from Assumption College and an M.B.A. in financial management from Pace University.
Persons: Mary Anastasia O'Grady, O'Grady, O’Grady, Walter Judd, Ms, Thomas Jefferson Organizations: Liberty Fund, The Fund, American Studies, The Association of Private Enterprise Education, International, Network, World Bank, Inter American Press, Assumption College, Pace University Locations: Latin America, Canada, Brazil
Mandating a financial penalty if a contract is broken, as in Vidal’s case, has a long history in contract law, but it is relatively new in employment contracts. A typical stay-or-pay clause is called a training-repayment-agreement provision (TRAP), which stipulates that the cost of on-the-job training will be borne by the employee. Nevertheless, Harris says, it’s hard to know how many workers are subject to these contracts, because employment contracts are often private. She had to wait tables for a while but eventually got an offer with Ameriflight, a Texas-based cargo carrier. and FedEx have routes around the country, they still rely on smaller carriers to fly the connecting routes from, say, Lansing to Detroit.
Persons: , ” Seligman, , Jonathan Harris, Harris, — Harris, Kate Fredericks, Fredericks Organizations: U.S ., Appeals, First Circuit, National Employment, Private, Loyola Marymount, Ameriflight, FedEx Locations: Los Angeles, Massachusetts, Texas, Lansing, Detroit, Puerto Rico
[1/2] A sign at the entrance to U.S. Marine Corps Base Camp Lejeune, in eastern North Carolina, U.S., sits in this undated handout photo. U.S. Marine Corps/Handout via REUTERS Acquire Licensing RightsNov 10 (Reuters) - Cancer and mortality studies conducted by a U.S. health agency have found elevated cancer rates in military and civilian personnel who lived and worked at Camp Lejeune, a major American military base, an epidemiologist familiar with the research says. Research for the Camp Lejeune cancer and mortality study began in 2015. Bove used data from every U.S. cancer registry to document elevated rates of some cancers among Camp Lejeune military personnel and civilians who fell ill with cancer from 1996 through 2017. In response, Congress ordered the ATSDR to study cancer and mortality rates among people who served, lived and worked there.
Persons: Lejeune, Camp Lejeune, Kenneth Cantor, Cantor, Jonathan Cardi, Cardi, Michael Partain, Partain, Aaron Bernstein, Bernstein, , Frank Bove, “ I’ve, ” Bove, Bove, Camp, M.B . Pell, Janet Roberts Organizations: U.S . Marine Corps Base, . Marine Corps, REUTERS Acquire, Agency, Toxic Substances, National Cancer Institute epidemiologist, U.S, ., Wake Forest University School of Law, Centers for Disease, Research, Camp Lejeune, Camp Pendleton, California Marine, Reuters, Community, M.B, Thomson Locations: U.S, North Carolina, Camp, Jacksonville, N.C, Camp Lejeune, ATSDR, Lejeune’s, California
Top Business Schools Are Enrolling More Women Than Men
  + stars: | 2023-11-02 | by ( Lindsay Ellis | ) www.wsj.com   time to read: 1 min
George Washington University encourages female M.B.A. students to talk about their experiences to applicants. Photo: Rosemarie Mosteller/AlamyWomen now make up at least half of full-time M.B.A. students at five top business schools, the most to reach that milestone in a given year, new data show. The rising share of female M.B.A. candidates reflects business schools’ concerted efforts to recruit more women in recent years. Full-time M.B.A. programs at Penn State University and the University of Oxford hit parity for the first time this academic year. They join those at George Washington University, Johns Hopkins University and the University of Pennsylvania, according to the Forté Foundation, a nonprofit focused on advancing women into leadership roles via access to business education.
Persons: George, Rosemarie Mosteller Organizations: George Washington University, Penn State University, University of Oxford, Johns Hopkins University, University of Pennsylvania, Forté Foundation
A screen displays the trading information for Morgan Stanley on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 19, 2022. Saperstein, who leads wealth management, will remain co-president and head of wealth, and take on additional responsibilities overseeing investment management. Simkowitz, head of investment management, will become co-president and head of institutional securities. GORMAN'S LEGACYGorman joined Morgan Stanley in February 2006 and was named co-president the following year. Gorman "guided a traditional, white-shoe investment bank through a transformative and successful evolution into a diversified, dynamic wealth management institution," said Ana Arsov, managing director at Moody's.
Persons: Morgan Stanley, Brendan McDermid, Morgan Stanley's, Ted Pick, James Gorman, Gorman, Andy Saperstein, Dan Simkowitz, Pick, Brian Mulberry, John Mack, Brian Moynihan, Jamie Dimon, Eaton Vance, Stephen Biggar, Biggar, bachelor's, Ana Arsov, Manya Saini, Niket, Tatiana Bautzer, Lananh Nguyen, Nupur Anand, Saeed Azhar, Megan Davies, Anil D'Silva, Devika Syamnath, Sonali Paul Organizations: New York Stock Exchange, REUTERS, Wall, Zacks Investment Management, Wall Street's, Bank of America, JPMorgan Chase, Trade Financial Corp, Eaton Vance Corp, Argus Research, University of Melbourne, Columbia University, Thomson Locations: New York City, U.S, Wall, Gorman, Australia, Bengaluru, New York
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Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/lifestyle/careers/m-b-a-job-offers-in-short-supply-as-tech-finance-consulting-dial-back-recruiting-3f90ccc4
Persons: Dow Jones
Nancy Keates — Reporter at The Wall Street Journal
  + stars: | 2023-09-21 | by ( Nancy Keates | ) www.wsj.com   time to read: 1 min
Nancy KeatesNancy Keates is a reporter covering real estate, architecture and design for The Wall Street Journal. She has also covered travel, art, education and family issues. Before joining the Journal, she was Johannesburg correspondent and bureau chief for AP–Dow Jones, the international arm of the Dow Jones newswires. She then moved to Washington and subsequently covered international trade and finance. Nancy graduated from Cornell University and has an M.B.A degree from George Washington University.
Persons: Nancy Keates Nancy Keates, AP – Dow Jones, Dow Jones, Nancy Organizations: Wall Street, AP –, Cornell University, George Washington University Locations: Johannesburg, Washington
Is Måneskin the Last Rock Band?
  + stars: | 2023-09-12 | by ( Dan Brooks | ) www.nytimes.com   time to read: +4 min
The other way Måneskin is isolated from the PNRC is geographic. Over the course of lunch, it became clear that they had encyclopedic knowledge of certain eras in American rock history but were only dimly aware of others. But none of them had ever heard of Fugazi, the post-hardcore band whose hatred of major labels, refusal to sell merchandise and commitment to keeping ticket prices as low as possible set the standard for a generation of American rock snobs. It picks up again with Franz Ferdinand and the “emo” era of mainstream pop rock. While snobs like Larson and me are overrepresented in journalism, we never constituted a majority of rock fans.
Persons: ” De Angelis, Motley Crüe, Fugazi, Franz Ferdinand, Larson, Giuseppe Meazza —, San Siro, Tamara, Locations: Los Angeles, Europe, Milan, San, Italy, American
Tech Tools That Could Help You Land Your Dream Job
  + stars: | 2023-09-09 | by ( Beth Decarbo | ) www.wsj.com   time to read: 1 min
Journal Reports: TechnologyM.B.A. Students vs. ChatGPT: Who Comes Up With More Innovative Ideas? By Christian Terwiesch , and Karl UlrichWe put humans and AI to the test. The results weren’t even close.
Persons: Christian Terwiesch, Karl Ulrich We Organizations: Technology
The Rise of the M.B.A. Novelist
  + stars: | 2023-09-07 | by ( Cecilia Rabess | ) www.wsj.com   time to read: 1 min
Illustration: Tomasz WozniakowskiA generation ago, the image of a writer might call to mind a literary ascetic, a Hemingway-esque figure hunched over a manuscript in the deep dark woods, untouched by the workaday concerns of fellow man. Today’s writers are—often by economic necessity—built differently. Of course, some writers have sold insurance or inspected potato chips to make ends meet, but increasingly they take their day jobs seriously. Increasingly, they may not identify as writers exclusively. They may even have business degrees.
Persons: Tomasz Wozniakowski, Hemingway
Daniel Ortega Turns Against the Jesuits
  + stars: | 2023-09-04 | by ( Mary Anastasia O Grady | ) www.wsj.com   time to read: +1 min
Ms. O'Grady joined the paper in August 1995 and became a senior editorial page writer in December 1999. She was appointed an editorial board member in November 2005. In 2012 Ms. O’Grady won the Walter Judd Freedom Award from The Fund for American Studies. In 2009 Ms. O'Grady received the Thomas Jefferson Award from The Association of Private Enterprise Education. Ms. O'Grady received a bachelor's degree in English from Assumption College and an M.B.A. in financial management from Pace University.
Persons: Mary Anastasia O'Grady, O'Grady, O’Grady, Walter Judd, Ms, Thomas Jefferson Organizations: Liberty Fund, The Fund, American Studies, The Association of Private Enterprise Education, International, Network, World Bank, Inter American Press, Assumption College, Pace University Locations: Latin America, Canada, Brazil
Dr. Jain and Ms. Lee first met at Alibi Room, a bar and restaurant in Los Angeles, in May 2021 after matching on Hinge. “But we both had these immigrant stories.”“It was like, ‘What did you do on the weekends when you were young’,” Ms. Lee said. “I drove to art class six hours away in San Diego.”“I went to Korean SAT classes every weekend,” Dr. Jain answered. Dr. Jain, 42, grew up in different parts of Bergen county in New Jersey; his parents immigrated from Rajasthan, India, in the 1970s. He has a bachelor’s degree in government from Harvard, an M.B.A. from Harvard Business School, and a medical degree from Harvard Medical School.
Persons: Jain, Lee, , Dr, , Ms, ” “, ” Dr Organizations: Costco, Kia Motors, Central Saint Martins, Harvard, Harvard Business School, Harvard Medical School Locations: Los Angeles, San Diego, Seoul, Irvine, Calif, Central, London, Coupang, Bergen county, New Jersey, Rajasthan, India
Once in a while, some single thing manages to encapsulate all that feels terrible about our world today. For me, this week, it was a bone-chilling report from Human Rights Watch documenting how Saudi border guards had killed hundreds — perhaps thousands — of Ethiopians seeking to cross from Yemen into Saudi Arabia. I realized what I thought were people sleeping around me were actually dead bodies.” There were bloodied corpses all around her. Another survivor, a 17-year-old boy, described being forced by Saudi guards to rape two girls after another man who had been asked to do the same was executed for refusing. In these reports from a remote corner of a distant desert, I saw a glimpse of the unrelenting cruelty that is our future.
Persons: Hamdiya, Prince Mohammed bin Salman Organizations: Human Rights Watch, Saudi, Washington Post Locations: Saudi, Yemen, Saudi Arabia, Istanbul
AOC’s Socialist Sympathy Tour
  + stars: | 2023-08-21 | by ( Mary Anastasia O Grady | ) www.wsj.com   time to read: +1 min
Ms. O'Grady joined the paper in August 1995 and became a senior editorial page writer in December 1999. She was appointed an editorial board member in November 2005. In 2012 Ms. O’Grady won the Walter Judd Freedom Award from The Fund for American Studies. In 2009 Ms. O'Grady received the Thomas Jefferson Award from The Association of Private Enterprise Education. Ms. O'Grady received a bachelor's degree in English from Assumption College and an M.B.A. in financial management from Pace University.
Persons: Mary Anastasia O'Grady, O'Grady, O’Grady, Walter Judd, Ms, Thomas Jefferson Organizations: Liberty Fund, The Fund, American Studies, The Association of Private Enterprise Education, International, Network, World Bank, Inter American Press, Assumption College, Pace University Locations: Latin America, Canada, Brazil
Tim Higgins — Reporter at The Wall Street Journal
  + stars: | 2023-08-17 | by ( Tim Higgins | ) www.wsj.com   time to read: +1 min
Tim HigginsTim Higgins is a reporter for The Wall Street Journal focused on technology and automotive stories. He has written extensively about Apple, Tesla and Elon Musk, and appears regularly on CNBC as an on-air contributor. His first book “Power Play,” which explored how Tesla became the world’s most valuable auto maker, was a Wall Street Journal Business Bestseller. Before joining the Journal in 2016, he worked for Bloomberg News. A Missouri School of Journalism grad, he also earned an M.B.A. from Michigan State University.
Persons: Tim Higgins Tim Higgins, Elon Musk, Tesla, Mary Barra Organizations: Wall Street, Apple, Tesla, CNBC, Street Journal, Society for, Livingston Awards, Bloomberg News, Missouri School, Journalism grad, Michigan State University Locations: San Francisco
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