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E-Commerce Times: "That Hissing Sound Is the Last Bit of Air Leaking From Apple's Balloon"

09/07/2016

E-Commerce Times: "That Hissing Sound Is the Last Bit of Air Leaking From Apple's Balloon"

. . . It's possible, of course, that Apple has controlled its iPhone 7 leaks, while carefully protecting the information that has not been leaked to the public. That possibility seems especially likely with respect to the iPhone 7's two most controversial changes: the removal of the headphone jack, and the disappearance of the physical home button.

"The leaking you're seeing about the headphone jack and the home button is about preconditioning the marketplace to understand, accept and embrace these changes," said Larry Chiagouris, a marketing professor at Pace University.

"That way, there's not a lot of attention paid to what may be thought of by some as negative changes, and more attention to the positive things like the camera and more memory," he told the E-Commerce Times.

Read more: http://www.ecommercetimes.com/story/That-Hissing-Sound-Is-the-Last-Bit-of-Air-Leaking-From-Apples-Balloon-83871.html

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Huffington Post: "College Audition Coaching: A New Cottage Industry?"

09/06/2016

Huffington Post: "College Audition Coaching: A New Cottage Industry?"

. . . Amy Rogers is director and founder of the Pace University BFA Musical Theatre program in New York City and their theatre department has a record number of applicants in the thousands. Amy had this to say, “Roughly a third (this is a very unscientific estimate) of students we see audition use a coach or a coaching company to help them prepare for their college audition. The growing competitive nature of acceptances into BFA theater programs has helped to fuel this relatively new cottage industry of college audition coaches. Families have realized they need help navigating this often overwhelming process, which coaches tend to do very well.”

Read more: http://www.huffingtonpost.com/mary-anna-dennard/college-audition-coaching_b_11866320.html

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New York Business Journal: "How this entrepreneur took a two-wheeled problem and created a fashion business"

09/06/2016

New York Business Journal: "How this entrepreneur took a two-wheeled problem and created a fashion business"

. . . Targeting a niche audience is one way for start-ups to make a dent in the marketplace, explains Bruce Bachenheimer, the executive director of the Entrepreneurship Lab at Pace University in New York. “Understanding who your customer is, what their unmet needs are, and whether your products actually meet those needs requires a great deal of customer contact, testing and product iteration,” he says.

Read more: http://www.bizjournals.com/newyork/news/2016/09/02/how-this-entrepreneur-took-a-two-wheeled-problem.html

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Accounting Today: "AICPA Appeals Decision to Preserve IRS Program for Tax Preparers"

09/06/2016

Accounting Today: "AICPA Appeals Decision to Preserve IRS Program for Tax Preparers"

. . . Jessica A. Magaldi, assistant professor of legal studies and taxation in the Lubin School of Business at Pace University in New York, has written about the case in a recent paper and doubts the appeal will be more successful. “I can’t imagine the prospects are very good,” she told Accounting Today. “They’ve tried now three times with this first case, and then the appeal gave them a narrow window to go back on.”

She and her co-author on the paper, John Spencer Treu, an assistant professor of accounting in the College of Business and Economics at West Virginia University, believe the AICPA will have a difficult time proving injury to CPAs from the Annual Filing Season Program. “We felt like there was no real sense their members had an injury and that they had the standing to bring a suit,” she said.

The court pointed out it still has not ruled on the actual merits of the Annual Filing Season Program. However, a separate class-action lawsuit in New Mexico by a group of taxpayers claiming their returns might receive extra scrutiny from the IRS if they are filed by unenrolled preparers may provide that opportunity. “That’s going to be very interesting as well,” said Magaldi.

Read more: http://www.accountingtoday.com/news/tax-practice/aicpa-appeals-decision-to-preserve-irs-program-for-tax-preparers-79153-1.html

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The Hill's Congress Blog: "Trade-Equilibrium vs import certificates"

09/06/2016

The Hill's Congress Blog: "Trade-Equilibrium vs import certificates"

American trade deficit is responsible for losing millions of American jobs, writes Narendra C. Bhandari, Ph.D., a Professor of Management at Pace University. Many suggestions have been made for bringing it under control. These include Buffett's import certificates (ICs) model, the Simpson-Bowles' model, and my model of trade equilibrium.

It is important to evaluate the pros and cons of each approach before selecting, rejecting, or modifying it. As a starter, therefore, let me compare the relative merits of Buffett's ICs model with that of my trade-equilibrium.

In 2003, Warren Buffett proposed a noteworthy solution. He suggested that the U.S. can achieve trade balance by limiting the value of imports to the value of exports by using Import Certificates (ICs).

Writing since 2004, I define trade equilibrium (Bhandari, JIBR 2014) as a situation when trading among different countries is such that the trading partners remain generally deficit-free from one another over a cycle of every 2-3 years. This theory has two major goals: (a) to stop exporting of additional American jobs, and (b) to regain the American jobs already exported by legally requiring the dollar/trade surplus countries to eliminate their surplus over a ten year period by buying American products (goods and services).

Now, I compare the relative merits of the two models using some of their salient points.

Read more: http://thehill.com/blogs/congress-blog/economy-budget/294345-trade-equilibrium-vs-import-certificates

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Wall Street Journal: "Kayak Accident Highlights Risks Crowded Waterways Pose"

09/01/2016

Wall Street Journal: "Kayak Accident Highlights Risks Crowded Waterways Pose"

Traffic on the Hudson River on Wednesday, a day after a ferry collided with a group of kayaks. Photo: Claudio Papapietro for The Wall Street Journal

. . . “The city has moved to open up the waterfront, to make it more people friendly. When you have that mix you run the danger of collision between recreational and commercial mariners,” said Andrew Coggins, a retired U.S. Navy commander and professor at Pace University who studies the cruise industry.

The collision “clearly illustrates the dangers involved in mixing commercial and recreational shipping,” he said. “Commercial ships don’t always see recreational shipping and recreational shipping doesn’t always stand clear of commercial shipping.”

Read more: http://www.wsj.com/articles/kayak-accident-highlights-risks-crowded-waterways-pose-1472690865

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E-Commerce Times: "Europe Duns Apple for $14.5B in Illegal Tax Breaks"

08/31/2016

E-Commerce Times: "Europe Duns Apple for $14.5B in Illegal Tax Breaks"

. . . The EU's decision could have a destabilizing effect on Europe, warned Darren Hayes, an assistant professor at Pace University.

"The EU risks setting a precedent where other U.S. companies may relocate to non-EU countries, which have more favorable tax incentives, thereby driving up unemployment at a time when economic slowdown continues for many EU members," he told the E-Commerce Times.

"All nations create their own tax incentives, including the USA, and therefore this move will be seen by many as counterproductive," he said, and it "creates tremendous risks to Ireland and other EU members."

Read more: http://www.ecommercetimes.com/story/Europe-Duns-Apple-for-145B-in-Illegal-Tax-Breaks-83856.html

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Co.Exist: "A New York High School Is Using Oysters In Its Curriculum—And To Protect The City's Coastline"

08/31/2016

Co.Exist: "A New York High School Is Using Oysters In Its Curriculum—And To Protect The City's Coastline"

[Photo: New York Harbor School]

. . . For Murray Fisher, the school's founder, the Billion Oyster Project’s devotion to marine skills made it a compelling partner for the Harbor School. It amounts to learning the shape and shifts of the seafloor, navigating ships to drop cages of shells, watching what happens to those shells and designing new ways to support the habitat.

Fisher now believes students can do more than strengthen the harbor's ecosystem—they can also strengthen the laws that govern the harbor. Fisher is working with John Cronin, an activist who pushed many of the cleanup and protection laws that restored the Hudson River in the 1970s and 1980s. Cronin, who now teaches a class in policy writing to undergraduates at Pace University, is working with the Harbor School and the Billion Oyster Project on a plan through which Cronin’s college students would embed on Governors Island during their class. They would mentor Harbor School students—and together, all the young people would write policy proposals.

The threat looming over all this work is climate change, which could devastate New York’s coastline and shift budgets to emergency repairs rather than long-term habitat restoration. Fisher worries that his mission to train kids for careers protecting the aquatic ecosystem can only go so far with limited resources. And all sorts of disturbances can upend kids as they go through college and into the workforce.

For now, Cronin counters that the students’ confidence can spread through partnerships, and through the Billion Oyster Project, to many other places. He talks about using future grant money to create a "virtual town hall" of waterfront activists. He says students he met at graduation, talk convincingly about having gained a devotion to the harbor. If he’s right, the technical waterfront skills kids learn on Governors Island can help them navigate the much stormier course of working and commuting and paying taxes in a stressed climate.

Read more: https://www.fastcoexist.com/3062501/a-new-york-high-school-is-using-oysters-in-its-curriculum-and-to-protect-the-citys-coastline

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China Daily: "Hot topic"

08/30/2016

China Daily: "Hot topic"

More than 20 million children aged 10 and under are using the internet in China, sparking calls from experts for a content rating system.

. . . "A content rating system would pose a threat to freedom of speech. Teaching children how to use the internet wisely is the real solution."

Wu Haoxi, student at Pace University in New York

 

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San Antonio Express-News: "Donald Trump immigration evolution inevitable"

08/29/2016

San Antonio Express-News: "Donald Trump immigration evolution inevitable"

. . . Jessica Lavariega-Monforti, professor and chairperson of the Department of Political Science at Pace University, said it’s hard to say if Trump’s proposals are serious, but that he can’t be dismissed despite lagging poll numbers. The decisive factor will be who turns out to vote, she noted.

“I think that he is a real candidate because he has got millions of people supporting him,” she said. “And so we have to take that seriously.”

Read more: http://www.expressnews.com/news/news_columnists/peggy_fikac/article/Donald-Trump-immigration-evolution-inevitable-9189397.php

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