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Journal News: "It takes more than stats to be COO of Steiner Sports"

07/31/2014

Journal News: "It takes more than stats to be COO of Steiner Sports"

. . . As a junior at Walt Whitman High School, Kelvin Joseph signed up for a co-op program at Pace University that focused on career opportunities in the accounting profession. "It was a sleep-away for would-be accountants," he says.

Joseph, whose family emigrated from Grenada, enrolled at Pace to study public accounting.

Read more: http://www.lohud.com/story/money/business/2014/07/30/steiner-sports-new-...

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InsideCounsel: "The Stop Corporate Inversions Act of 2014 aims to prevent ‘inversions’ tax loophole"

07/31/2014

InsideCounsel: "The Stop Corporate Inversions Act of 2014 aims to prevent ‘inversions’ tax loophole"

. . . Philip G. Cohen, a professor in the Legal Studies and Taxation Department of Pace University's Lubin School of Business and a retired Vice President-Tax & General Tax Counsel for Unilever United States, Inc. Professor Cohen said the bill should be enacted to prevent a major tax revenue drain by companies using inversions to reduce what they would otherwise owe in federal taxes.

“If the abuse is not stopped other companies will follow in a race to the bottom. The loss of U.S. revenue (from inversions) is enormous. That lost revenue has to be made up by somebody, namely individuals and companies that don't invert,” he explained.

According to Cohen, inversions are not the only reason the effective corporate tax rate is much smaller for many companies than the statutory corporate tax rate. There are other corporate loopholes that should be closed in conjunction with lowering the statutory corporate tax rate.

Read more: http://www.insidecounsel.com/2014/07/30/the-stop-corporate-inversions-act-of-2014-aims-to

 

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Pace University and AT&T Sponsor High School STEM Camp

07/30/2014

Pace University and AT&T Sponsor High School STEM Camp

MEDIA ADVISORY

Pace University and AT&T Sponsor High School STEM Camp; Students Demonstrate Cybersecurity Apps & Robotics at August 1st Ceremony

High school students will present newly developed mobile applications at the STEM Collaboratory Camp at Pace University on Friday, August 1, at One Pace Plaza in the Aniello Bianco Room on New York City campus from 12 p.m. to 2:00 p.m.

Who:  Twenty high school students from across the five boroughs are embarking on a summer STEM adventure as part of Pace University’s STEM Collaboratory Camp, a collaboration of Pace and AT&T.  Special guests to include representatives from AT&T, DARPA Legislative Affairs, Director’s Office - Spire Communications and U.S. Senator Kirsten Gillibrand’s Office.

What:  Pace University’s STEM Collaboratory Camp is a two-week program during which campers are introduced to coding, robotics, Cybersecurity, Design Thinking and scientific research processes, among other skills, and then put them to work. The camp culminates with students designing and building their own mobile phone apps. Members of the media are invited to attend a graduation reception featuring formal presentations of the students’ mobile applications.

Where: Pace University, One Pace Plaza, Aniello Bianco Room, New York City campus.

When: Friday, August 1, from 12 p.m. to 2:00 p.m.

Why:  The School of Education and the Seidenberg School of Computer Science and Information Systems at Pace University created the Pace STEM Collaboratory to facilitate interdisciplinary research and the exchange of ideas among students, faculty, and staff in STEM disciplines, while improving and supporting STEM education at the middle and high-school levels through continued and expanded relationships with public schools in the region.

About AT&T

AT&T Inc. (NYSE:T) is a premier communications holding company and one of the most honored companies in the world. Its subsidiaries and affiliates – AT&T operating companies – are the providers of AT&T services in the United States and internationally. With a powerful array of network resources that includes the nation’s most reliable 4G LTE network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet, voice and cloud-based services. A leader in mobile Internet, AT&T also offers the best wireless coverage worldwide of any U.S. carrier, offering the most wireless phones that work in the most countries.  It also offers advanced TV service with the AT&T U-verse® brand. The company’s suite of IP-based business communications services is one of the most advanced in the world.

Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at http://about.att.com or follow our news on Twitter at @ATT, on Facebook at http://www.facebook.com/att and YouTube at http://www.youtube.com/att.

About Pace

The Seidenberg School of Computer Science and Information Systems at Pace University prepares men and women for professional work, research, and lifelong participation in a new and dynamic information age.  Located in the financial capital of the world, the Seidenberg School offers a wide variety of courses and exposure to internships and work with leading corporations, banks, federal agencies, and global entities.  Degrees and certificates are conveniently available on Pace’s campuses in New York City and Westchester County as well as online and in special programs.  Visit http://www.pace.edu/seidenberg/

Media contact:  Bill Caldwell, Pace, 212-346-1597, wcaldwell@pace.edu

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Carol Roye, Internationally Recognized Educator, Author and Expert on Reproductive Health Issues, to Join Pace University’s Lienhard School of Nursing in the College of Health Professions

07/30/2014

Carol Roye, Internationally Recognized Educator, Author and Expert on Reproductive Health Issues, to Join Pace University’s Lienhard School of Nursing in the College of Health Professions

Carol Roye, Internationally Recognized Educator, Author and Expert on Reproductive Health Issues, to Join Pace University’s Lienhard School of Nursing in the College of Health Professions

Photo credit: Shawn McGinnis, Shawnmac Photography.

NEW YORK, NY – Pace University’s Lienhard School of Nursing in the College of Health Professions (CHP) announced today that Carol Roye, Ed.D., RN, CPNP, FAAN, will join Lienhard September 1 as Associate Dean for Faculty Scholarship.

Roye is an international educator, researcher, author, and a respected women’s health practitioner whose expertise has been featured on radio, TV and in print, including the New York Times and at conferences around the U.S. She co-founded a non-profit organization, Promoting Health in Haiti, to address primary care needs, including women’s/reproductive health issues.

Roye comes to Pace after serving as the Assistant Dean of Research and a Professor of Nursing at Hunter College in New York City.

Lienhard and CHP Dean and Professor Harriet R. Feldman, Ph.D., RN, FAAN said, “Dr. Roye’s role and support will be vital to Lienhard establishing a Ph.D. in Nursing program.”

Roye splits her professional time between teaching, research and clinical practice as a pediatric nurse practitioner. Her research in reproductive health, particularly in adolescent, is widely recognized in the health care community. Early in her career, Roye noticed disturbing trends in the media and in public policy that dramatically impacted the ability of professionals in her field to provide adequate healthcare. She began investigating how women’s health had evolved from being a medical issue with broad-based support to a divisive political debate. Her book, “A Woman’s Right to Know: How Women's Health Became a Political Pawn - and the Surprising Alliances Working to Reclaim It,” is a culmination of Roye’s decades of experience and research into the history and impact of public policy decisions on women’s health. It provides a stirring account of how women’s health became intertwined with such unlikely issues as tax policy and education reform.

"I am looking forward to working with the faculty to develop and further their research agendas,” said Roye.  “Together we will increase outside funding for Lienhard School of Nursing faculty research."

National recognition of her work comes from such groups as: Sigma Theta Tau, the nursing honor society, The National Campaign to Prevent Teen Pregnancy, and the National Clearinghouse on Families and Youth.

The National Institutes of Health awarded Roye a prestigious RO1 research grant in 2001 to study HIV/AIDS prevention in adolescent girls. Follow-up studies were made possible by grants from the William T. Grant Foundation and the American Nurses Foundation among others.

Roye also is the author of many publications on a range of topics in adolescent reproductive health, including “Adolescent Sexual Development and Sexuality: Assessment and Interventions,” a popular book for professionals who work with teenagers around issues of sexuality.

About Pace University: Since 1906, Pace University has educated thinking professionals by providing high quality education for the professions on a firm base of liberal learning amid the advantages of the New York metropolitan area. A private university, Pace has campuses in New York City and Westchester County, New York, enrolling nearly 13,000 students in bachelor’s, master’s, and doctoral programs in its Lubin School of Business, Dyson College of Arts and Sciences, College of Health Professions, School of Education, School of Law, and Seidenberg School of Computer Science and Information Systems. www.pace.edu

About CHP: The College of Health Professions was established in 2010 in an effort to showcase and expand health professions majors at Pace University. The College is made up of the Lienhard School of Nursing and the Pace University-Lenox Hill Hospital Department of Physician Assistant Studies. The College’s vision is innovative leadership in education, practice, and scholarship for the health professions, and its mission is to educate and challenge students for the health professions to be innovators and leaders who will positively impact global health care.  www.pace.edu/chp

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Pace University’s Lienhard School of Nursing Receives $50,000 Grant for Nursing Scholarships

07/30/2014

Pace University’s Lienhard School of Nursing Receives $50,000 Grant for Nursing Scholarships

Pace University’s Lienhard School of Nursing Receives $50,000 Grant for Nursing Scholarships

Photo: Martha Greenberg and Sharon Wexler

Robert Wood Johnson Foundation scholarships support second career nurses from groups underrepresented in the profession

NEW YORK, NY – Pace University’s Lienhard School of Nursing in the College of Health Professions has been selected for the fourth time for a grant from the prestigious Robert Wood Johnson Foundation (RWJF) New Careers in Nursing (NCIN) Scholarship Program. For the 2014-2015 academic year, Lienhard will receive $50,000 for students in the Accelerated Bachelor of Science in Nursing program who are from groups underrepresented in nursing and are pursuing second careers. Five students entering Lienhard in September will be awarded NCIN scholarships of $10,000 each.

NCIN is a program of RWJF and the American Association of Colleges of Nursing (AACN). Pace was among the first institutions to receive funding through this RWJF program in 2008, which has already supported 25 Lienhard students. With the five additional students this year, Pace has been awarded $300,000 in total and is one of 52 schools of nursing comprising the final cohort of the program.

Lienhard was the second school in the U.S. to offer an Accelerated Bachelor of Science in Nursing. Since 1984, Pace has offered this accelerated curriculum for college graduates who are not nurses to earn a first professional nursing degree. Pace nursing students who graduate in as little as 12 months are eligible to take the licensure exam and consistently pass at rates that exceed state and national averages.

Three former NCIN awardees were recently profiled in Pace’s alumni e-newsletter. Larry Rebich works at NYU Hospital for Joint Diseases and serves on committees to improve patient care. John Ringhisen went to Bangladesh on a Fulbright scholarship to teach and research healthcare issues in the country. Ted Bailly manages a project that helps older adults record and communicate details about their health using i-Pads. Bailly speaks about being a NCIN scholar here.

Martha Greenberg, PhD, RN, the principal investigator on the grant, says, “Our leadership plan is unique because of the opportunity afforded to all of the scholars to lead groups of their peers throughout the program. Each scholar is an Evidence-Based Practice (EBP) team leader beginning in the first semester and continues in this leadership role throughout their 11 month program.”

Sharon Wexler, PhD, RN, project director, adds, “The EBP teams, led by RWJF scholars, present their projects at local and national conferences, an opportunity not commonly found in an undergraduate program.”

“New Careers in Nursing has made amazing strides in helping schools of nursing recruit and retain diverse students in these competitive and rigorous accelerated degree programs,” said David Krol, MD, MPH, FAAP, RWJF senior program officer. “Through supporting these institutions, NCIN is working to increase the diversity of our nursing workforce, while also assisting schools of nursing in making their institutions more inclusive. The leadership, mentoring and other support these institutions provide are helping to prepare a diverse nursing workforce able to meet the challenges associated with building a culture of health in our nation.”

“NCIN’s creative, innovative and responsive approach to providing grantees with tools to ensure academic success will result in lasting changes at nursing schools nationwide,” said AACN President Eileen Breslin, PhD, RN, FAAN. “The NCIN program has truly raised the bar for recruitment, retention, mentoring and leadership development for nursing students from groups underrepresented in nursing.”

The 2010 Institute of Medicine (IOM) report, The Future of Nursing: Leading Change, Advancing Health, recommends increasing the number and diversity of nurses with a baccalaureate degree or higher to create a nursing workforce prepared to meet the healthcare demands of diverse populations. NCIN is helping to advance those recommendations by enabling schools to expand student capacity and encouraging more diversity.

By bringing more nurses into the profession at the baccalaureate and master’s degree levels, the NCIN program helps address the nation’s nurse faculty shortage as 91 percent of students who received funding in the first three years of the program indicated a desire to advance to the master’s and doctoral levels.

Contact: Cara Cea, ccea@pace.edu, 914-906-9680

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About NCIN

The Robert Wood Johnson Foundation (RWJF) joined with the American Association of Colleges of Nursing (AACN) to create New Careers in Nursing (NCIN): an RWJF Scholarship Program to help alleviate the nursing shortage and increase the diversity of nursing professionals. Through annual grants to schools of nursing, NCIN provides $10,000 scholarships to college graduates with degrees in other fields who wish to transition into nursing through an accelerated baccalaureate or master’s nursing program. For more information, visit www.newcareersinnursing.org.

About the Robert Wood Johnson Foundation
For more than 40 years the Robert Wood Johnson Foundation has worked to improve the health and health care of all Americans. We are striving to build a national culture of health that will enable all Americans to live longer, healthier lives now and for generations to come. For more information, visit www.rwjf.org.

About AACN

The American Association of Colleges of Nursing (AACN) is the national voice for baccalaureate and graduate programs in nursing. Representing more than 750 member schools of nursing at public and private institutions nationwide, AACN’s educational, research, governmental advocacy, data collection, publications and other programs work to establish quality standards for bachelor’s and graduate degree nursing education, assist deans and directors to implement those standards, influence the nursing profession to improve health care, and promote public support of baccalaureate and graduate nursing education, research and practice. For more information, visit www.aacn.nche.edu.

About CHP

The College of Health Professions was established in 2010 in an effort to showcase and expand health professions majors at Pace University. The College is made up of the Lienhard School of Nursing, the Pace University-Lenox Hill Hospital Department of Physician Assistant Studies, and the Communication Sciences and Disorders program. The College’s vision is innovative leadership in education, practice, and scholarship for the health professions, and its mission is to educate and challenge students for the health professions to be innovators and leaders who will
positively impact global health care. www.pace.edu/chp

About Pace University

Since 1906, Pace University has produced thinking professionals by providing high quality education for the professions on a firm base of liberal learning amid the advantages of the New York metropolitan area. A private university, Pace has campuses in New York City and Westchester County, New York, enrolling nearly 13,000 students in bachelor’s, master’s, and doctoral programs in its Lubin School of Business, Dyson College of Arts and Sciences, College of Health Professions, School of Education, School of Law, and Seidenberg School of Computer Science and Information Systems. www.pace.edu

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University Business: "UBTech 2014: Innovation Everywhere"

07/28/2014

University Business: "UBTech 2014: Innovation Everywhere"

. . . Darren Hayes, computer information systems program chair at Pace University in New York, said in a featured session about cybersecurity that the United States is constantly under attack and the target is intellectual property.

Universities that do research with government institutions and government contractors are attractive targets for cybercriminals trying to steal intellectual property. These criminals attack universities because higher ed computer networks are generally less secure than the networks of those government agencies, such as NASA, the Department of Defense and the U.S. Air Force.

Hayes said Java and Adobe programs are particularly vulnerable because many users don’t install software updates. “Anti-virus and traditional firewalls are simply not robust enough to be your best line of defense.”

Institutions must not only have cybersecurity policies but they must regularly educate faculty, students and other users about how to resist potential attacks. “What a lot of people don’t realize is that many things that seem innocuous are ways of gaining intellectual property from a university,” he said.

Read more: http://www.universitybusiness.com/article/ubtech-2014-innovation-everywhere

 

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San Francisco Chronicle: "Why are tax inversions suddenly so popular?"

07/28/2014

San Francisco Chronicle: "Why are tax inversions suddenly so popular?"

. . . A bill sponsored by Sen. Carl Levin, D-Mich. would drop the 80 percent threshold to 50 percent. It adds that regardless of share ownership, if management and control of the merged company remains in the United States and 25 percent of its employees, sales or assets are in the United States, it will be treated like a U.S. company for tax purposes. The bill mirrors Obama's proposal and would be retroactive to May 8.

Philip Cohen, a professor at Pace University's Lubin School of Business, says the bill should be enacted. The "loss of U.S. revenue (from inversions) is enormous. That lost revenue has to be made up by somebody," namely individuals and companies that don't invert.

Read more: http://www.sfgate.com/business/networth/article/Why-are-tax-inversions-suddenly-so-popular-5649234.php#page-2

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E-Commerce Times: "Facebook Rolls in Mobile Ad Dough"

07/25/2014

E-Commerce Times: "Facebook Rolls in Mobile Ad Dough"

. . . Competition from other players and unrealistic expectations could burst the bubble for Facebook, Larry Chiagouris, a professor of marketing at Pace University, told the E-Commerce Times.

"I suspect that expectations [for Facebook] were not set as high as they might have been based upon previous performance and now, of course, it's exceeding expectations," Chiagouris continued. "It will be interesting to see what happens in the next quarter."

- See more at: http://www.ecommercetimes.com/story/Facebook-Rolls-in-Mobile-Ad-Dough-80785.html#sthash.BSFSKRam.dpuf

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The Hill's Congress Blog: "Congress must put the interest of the American people first"

07/24/2014

The Hill's Congress Blog: "Congress must put the interest of the American people first"

There have been in the last few months a plethora of U.S. companies that have announced plans to engage in an inversion transaction, writes Philip G. Cohen, a professor in the Legal Studies and Taxation Department of Pace University's Lubin School of Business and a retired Vice President-Tax & General Tax Counsel for Unilever United States, Inc. Probably the most famous one involved Pfizer Inc.'s attempt to acquire AstraZeneca PLC with the merged parent company to be incorporated outside the U.S. While AstraZeneca rebuffed Pfizer, other transactions are being undertaken or being actively considered.

On July 18, AbbVie Inc. announced it had agreed to buy Irish pharmaceutical company Shire PLC in a $54 billion deal that would result in the parent company incorporated in the U.K. dependency of Jersey, a small island and tax haven in the English Channel. The combined company would be one of the 50 largest companies in the world. Medtronic Inc., a $60 billion medical device company, announced last month its plan to relocate its place of incorporation outside the United States in conjunction with its acquisition of Coviden PLC. Walgreen Co., the giant U.S. drug retailer, is also reported to be considering an inversion in conjunction with exercising its option to acquire the 55 percent of a Swiss entity Alliance Boots GmbH that it doesn't currently own.

An inversion transaction involves a U.S. incorporated company becoming a foreign incorporated company that is generally continued to be managed in the United States. It's undertaken to address a provision in the Internal Revenue Code that determines whether a company will be considered to be domestic by virtue of the entity's place of incorporation.

U.S. incorporated companies are subject to tax on income earned anywhere in the world although active non-U.S. earnings of foreign subsidiaries are generally not taxed until repatriated back to the U.S. parent company. If the parent company is considered foreign for U.S. income tax purposes, it will still pay U.S. income tax on earnings from its U.S. activities but will be able to avoid tax on foreign earnings. Furthermore, the inverted companies will also have available techniques to reduce tax on its U.S. operations by, e.g., paying interest and royalties to its new foreign parent company or other low taxed foreign group members. These techniques are presently available to traditional foreign companies with U.S. operations.

Internal Revenue Code section 7874 currently provides that in general if at least 80 percent of the stock of a former U.S. company is owned by the former shareholders of the inverted company, the company is treated as a U.S. corporation for U.S. income tax purposes. To avoid this provision, inversion transactions are currently being structured so that shareholders of the foreign target company hold more than 20 percent of the merged company.

Inversion transactions are legal, and CEOs have a primary responsibility to act in the best interest of their shareholders. Since inversion transactions can be structured legally under current law and may substantially increase after-tax earnings, they need to be considered by corporate management.

Some members of Congress, especially Republicans, have argued that the answer to inversion transactions is to undertake as part of fundamental tax reform, territorial taxation pursuant to which active foreign earnings become exempt from U.S. taxation. Some refer to inversions as self-help territorial taxation. While adopting territorial taxation would do away with the need to undertake the transaction, it could also lead to further increased migration of good jobs, facilities and taxable income from the U.S.


 

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U.S. News: "Decipher the True Cost of Your Online Degree"

07/21/2014

U.S. News: "Decipher the True Cost of Your Online Degree"

. . . Kathy Hughes, an online undergraduate student at Pace University, showed similar initiative when she was comparing the duration and cost of possible online bachelor's programs.

"I went to every single tab on the whole Pace website, and I printed screen shots," says Hughes, a government public safety worker living on Long Island. "I had everything in front of me before I even contacted the school."

Hughes, who had completed an associate degree, also made sure she knew just how many credits Pace would accept. She says it's important for students to know that information before they enroll so they can compare the costs at different schools.

"Have a really good idea of what you've taken and what your grades were," says Hughes, who was able to begin her time at Pace as a junior due to the transfer credits the school accepted.

Read more: http://www.usnews.com/education/online-education/articles/2014/07/18/decipher-the-true-cost-of-your-online-degree

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