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This update gathers insights from various experts addressing significant trends and events in business and finance. Tim Hubbard comments on Juul and the implications of leadership changes amidst health concerns. Erin Bellissimo discusses female-led investment initiatives on Wall Street, while Robert Battalio explores the competition between stock exchanges for retail investors. Other topics include misclassification in bond funds by Morningstar, the impact of store closures on Sears, espionage charges against former Twitter employees, and customer retention strategies in marketing. Tim Loughran also reflects on the disappointing performance of recent Silicon Valley IPOs.

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Graduate student Peter Zanca took first place in the 2019 NBA Hackathon with his project on the newly implemented coach's challenge. Collaborating with C.B. Garrett, Zanca's analysis focused on expected points from different calls, emphasizing a timely and practical presentation. With aspirations to work in basketball analytics, Zanca's experience includes an internship with the Indiana Pacers and various projects within the Notre Dame Athletic Department.

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The BRITE Women Project is gaining traction in promoting gender diversity on nonprofit boards, offering training and networking opportunities for women interested in leadership roles. Alongside this initiative, the Mendoza Institute for Global Investing has introduced a new Investment Management Leaders Certificate to enhance finance majors' skills. Career insights from Mendoza faculty and leaders are now available on a new platform, while a Certificate in Business Analytics has been launched to provide business professionals with essential skills for data-driven decision-making.

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Mendoza students and alumni are making waves across various fields, from audio technology to entrepreneurship. Resonado has secured a partnership with Notre Dame Athletics, while a finance major just launched an innovative cricket farming venture. Additionally, undergraduates are applying their classroom lessons to real-world business challenges with local businesses like Gigi's Cupcakes, and a speaker series has kicked off with insights on workplace culture from former NetApp executive Tom Mendoza. The vibrant experiences of students, including a dancer who parallels her art with consulting, highlight the dynamic environment at Mendoza.

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New research from Notre Dame reveals that couples who share a bank account tend to prioritize practical purchases over indulgent ones. By needing to justify their spending, partners using joint funds are more likely to choose utilitarian products rather than splurging. The study shows that even though many couples pool their finances, individual spending habits often remain private, leading to differing purchasing decisions based on how funds are shared.

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In a rapidly evolving business landscape, the limitations of detailed contracts become apparent through the historical case of General Motors and Fisher Body, where vague terms allowed for opportunistic behavior. Professor F. Asís Martínez-Jerez and his collaborators propose that incomplete contracts, which offer flexibility in uncertain environments, might be the solution to better align interests and mitigate conflicts in dynamic industries like technology and manufacturing. This shift in contract theory underscores the importance of adaptable agreements in fostering cooperation and efficiency.

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he current model where games are often free to download but incorporate micro-transactions. This shift has led to the emergence of a new economy within gaming, making it crucial for researchers like Hong Guo and her team to analyze these spending patterns. Their findings reveal that the sale of virtual currency not only benefits game developers but also shapes player engagement and community dynamics in significant ways.
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Eugene "Genie Deez" Staples, a BBA graduate from Notre Dame, shares his journey from waiting tables at Legends to thriving as a film producer in LA. His story reflects a broader conversation about the importance of meaningful work in an age increasingly influenced by AI and automation. The cover feature, "Automation anxiety and the meaning of work," examines how these technological advancements affect our roles and highlights the necessity for human skills as we navigate this changing landscape.

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Experts share insights on a variety of timely topics, including concerns over Facebook's privacy practices, the NFL's influence in stadium negotiations, and the financial implications of CEOs manipulating stock options. Additional commentary highlights consumer spending habits among couples, the effects of insider stock sales on market returns, and the broader impact of U.S. sanctions on Venezuela's oil industry. Perspectives range from the philosophical to the practical, urging a balance between financial awareness and appreciation for life's simple joys.

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Five Notre Dame MBA students, all military veterans, undertook a challenging project to help rural residents of Puerto Rico still recovering from Hurricane Maria by demonstrating a water filtration system. To build trust with the community, the students drank filtered water from a questionable source themselves, proving its safety and efficacy. Their efforts, part of a collaboration with the nonprofit Waves for Water, showcase how business education can apply to meaningful humanitarian work while addressing the ongoing impact of the hurricane on the island.