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Marketplace: "Jet.com would juice Wal-Mart's online sales"

08/05/2016

Marketplace: "Jet.com would juice Wal-Mart's online sales"

Photo: A customer shops at a Wal-Mart October 14, 2006 in Beijing, China. - Cancan Chu/Getty Images

Wal-Mart reported a higher than expected profit last quarter, but it’s no secret the company hasn’t been happy with its performance on the e-commerce front.

Reports say the retailer may be trying to change that by buying Jet.com, the upstart e-commerce platform set up as a rival to Amazon. But despite spending millions on tech and marketing, Jet.com is finding Amazon harder to take on than it thought.

Why would Wal-Mart take on Jet?

Well, Wal-Mart’s online sales have been ticking up, but not nearly as fast as Amazon’s. Brian Yarbrough is a retail analyst with Edward Jones. He said everyone in retail used to react to what Wal-Mart did – now, Wal-Mart is trying to keep up with Amazon. He said in short, buying Jet.com could mean more sales for Wal-Mart.  

“The Jet.com customer is a bit higher income than your average Wal-Mart customer," he said, "and I know Wal-Mart has talked about trying to move up the income scale, so it would give them an opportunity to maybe cater to a higher income customer.”

Larry Chiagouris is a professor of marketing at Pace University. He said if Wal-Mart buys Jet, it’s an admission that Wal-Mart couldn’t conquer online on its own. But he added if the two companies merge…they could.

“I think it’s going to be a formidable competitor to Amazon," he said, "simply because Jet will benefit from the existing purchasing power Wal-Mart has, and the existing sophisticated logistics and supply chain management that Wal-Mart has.”

Listen to the story: http://www.marketplace.org/2016/08/04/world/wal-mart-meet-jetcom

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Marketplace: "Trump is paying a price for being late to the TV ad party"

08/05/2016

Marketplace: "Trump is paying a price for being late to the TV ad party"

Photo: A screen displays Republican presidential candidate Donald Trump delivering his speech during the evening session on the fourth day of the Republican National Convention on July 21, 2016 at the Quicken Loans Arena in Cleveland, Ohio. - Win McNamee/Getty Images

Hillary Clinton and super PACs supporting her have budgeted $100 million for TV ads between now and the November election.  That’s around $97 million more than Donald Trump and his super PACs have set aside for TV ads. According to the Center for Responsive Politics.

“It’s such a stark difference that it’s hard to believe that they’re real,” said Sarah Bryner, the center's research director.

But numbers don’t lie.  And here are some others.  The Trump campaign reported raising around $80 million last month.  Now that he’s sitting on a pile of cash, will Trump finally break into TV? We don’t know. The Trump campaign didn’t respond to our interview requests.

But even if Trump decides to jump into TV now, he may not get the ad slots he wants.

“If the time slots are gone, they’re gone," said David Caputo, professor of Political Science at Pace University. "So that’s the disadvantage of being late.”

Listen to the story: http://www.marketplace.org/2016/08/04/world/trump-pays-price-being-late-tv-ad-party

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San Francisco Chronicle: "Combative Trump poses dilemma for GOP leaders"

08/04/2016

San Francisco Chronicle: "Combative Trump poses dilemma for GOP leaders"

Republican presidential nominee Donald Trump, speaking at a campaign event in Daytona, Fla., has set off alarm bells within the GOP with a recent spate of contentious remarks. Photo: Joe Raedle, Getty Images

. . . The GOP nominee “is taking what he did in the primary and doubling down,” said David A. Caputo, president emeritus of Pace University in New York.

Read more: http://www.sfchronicle.com/politics/article/Combative-Trump-poses-dilemma-for-GOP-leaders-9119039.php

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Computerworld: "HPE's Whitman endorses Clinton; will Trump retaliate if he wins?"

08/03/2016

Computerworld: "HPE's Whitman endorses Clinton; will Trump retaliate if he wins?"

 HP Enterprise CEO Meg Whitman. Photo Credit: HP

. . . Does Whitman's endorsement matter?

Any evidence showing it is consequential is "more muted -- just as labor endorsements by union leaders do not always translate into support for the position taken or the candidate endorsed," said David Caputo, a professor of Political Science at Pace University and president emeritus.

The Clinton campaign is attempting to attract Republican and independent voters to its candidate and the endorsement of Clinton by business leaders "known to be strongly affiliated with the Republican Party should be seen as part of their strategy to win Republican and Independent support," said Caputo.

"One endorsement will not make a significant difference, but a large number might reinforce the Clinton campaign's assertion that Donald Trump is not qualified to serve as president," said Caputo.

Read more: http://www.computerworld.com/article/3104068/it-industry/hpes-whitman-endorses-clinton-will-trump-retaliate-if-he-wins.html

 

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WAMC Northeast Public Radio: "Elected Officials Criticize USCG Proposal On Anchorage Sites In The Hudson"

08/03/2016

WAMC Northeast Public Radio: "Elected Officials Criticize USCG Proposal On Anchorage Sites In The Hudson"

. . . John Cronin is senior fellow for environmental affairs at Pace University and former Hudson Riverkeeper.

“And let me tell you something about the almost four-square miles of parking lot for oil tankers and barges that the Coast Guard wants to create. Three-quarters of them are going to be on traditional, commercial fishing grounds,” Cronin says. “Now, the fishery may be closed right now, but what does that really mean? That means the federal government has totally given up on the restoration of the Hudson River fishery.”

Listen to the story: http://wamc.org/post/elected-officials-criticize-uscg-proposal-anchorage-sites-hudson#stream/0

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Journal News: "Officials: Don't make Hudson barge 'parking lot'"

08/02/2016

Journal News: "Officials: Don't make Hudson barge 'parking lot'"

A poster from a press conference at Cortlandt Waterfront Park in Verplanck Tuesday, Aug. 2, 2016 in opposition to proposed Hudson River anchorages. (Photo: Matt Coyne/The Journal News)

. . . John Cronin said the federal government is not to be trusted when it comes to the Hudson River. The Pace University senior fellow for environmental affairs and first Hudson Riverkeeper said this proposal means they've given up on trying to restore the waterway.

"It’s better off being a parking lot than being a source of jobs as it has been for hundreds of years for working commercial fishermen on the Hudson," Cronin said. "That is the federal government's view of the Hudson River.”

Read more: http://www.lohud.com/story/tech/science/environment/2016/08/02/hudson-river-anchorages/87957410/

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Travel Market Report: "CDC Issues Zika Advisory For Miami Area"

08/02/2016

Travel Market Report: "CDC Issues Zika Advisory For Miami Area"

The Aedes aegypti mosquito. Photo: James Gathany

. . . Dr. Andrew O. Coggins, Jr., clinical professor of management with a focus on hospitality and tourism management at Pace University’s Lubin School of Business in New York, doesn’t believe the warning will have an effect on tourism in the area. “It's in a relatively small area of Miami that is off the normal tourist circuit,” he said. However, he expects that to change if the number of cases or affected area increases.

Read more: http://www.travelmarketreport.com/articles/CDC-Issues-Zika-Advisory-For-Miami-Area

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CBS Detroit: "More Charges Expected In Connection With Flint Water Crisis"

08/01/2016

CBS Detroit: "More Charges Expected In Connection With Flint Water Crisis"

(Photo by Bill Pugliano/Getty Images)

. . . Stephen Busch and Michael Prysby of the state Department of Environmental Quality and Flint utilities administrator Michael Glasgow are charged with tampering with evidence. Busch and Prysby are also charged with conspiracy, misconduct in office and violations of drinking water law. Glasgow is additionally charged with willful neglect of duty while operating the water plant.

Busch and Prysby have pleaded not guilty, while Glasgow hasn’t appeared in court.

What’s the most serious allegation?

The evidence-tampering charge refers specifically to 2015 reports on lead levels in water samples, and carries a maximum penalty of four years in prison.

Glasgow’s attorney, Robert Harrison, said the charges against his client “are difficult to understand.” He said Glasgow was a source for investigators, freely speaking over many days without a lawyer.

The charges suggest actions by the three went “above what would be the normal, perhaps imperfect, performance” of public employees, said Linda Fentiman, a professor at Pace Law School in New York.

Read more: http://detroit.cbslocal.com/2016/07/28/more-charges-expected-in-connection-with-flint-water-crisis/

 

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News 12: Culinary Students in White Plains Pay it Forward

08/01/2016

News 12: "Culinary Students in White Plains Pay it Forward"

The Delany Center for Literacy Enrichment at Pace University held an awards ceremony and end of summer camp celebration covered by News 12. 

From the News 12 website:

WHITE PLAINS - Some culinary tech students who were given a second chance in life treated a group of youngsters to a barbecue celebration in White Plains.

The culinary students treated kids from the Center for Literacy Enrichment at Pace University to a celebration by cooking for them. The event was also about the culinary students paying it forward after being given a second chance in life.

Some of the culinary students spent time in jail for such crimes as selling drugs. The culinary center, which is run by Sister St. John Delany, offers at-risk young adults and those with disabilities an amazing opportunity.

The students provided food for the youngsters and even spoke to them about the books they were reading over the summer.

To view the video, visit News 12.

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NY Daily News: "Hillary Clinton vs. Donald Trump is a tale of two campaigns and strategies"

08/01/2016

NY Daily News: "Hillary Clinton vs. Donald Trump is a tale of two campaigns and strategies"

Photo: Democratic presidential nominee Hillary Clinton offers her experience as the calm, conventional commander-in-chief. (Todd Maisel/New York Daily News)

. . . The next few weeks will be framed “by both candidates fleshing out their themes and messages and making strategic decisions on which states they will concentrate on for the campaign,” according to David Caputo, president emeritus and professor of political science at Pace University.

“The election will ultimately come down to turnout,” Caputo predicted.

Read more: http://www.nydailynews.com/news/politics/hillary-clinton-donald-trump-tale-campaigns-article-1.2732471

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