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Digest

Talk of the day

By TIMES WIRES
Published October 4, 2006


Harvard is No. 1 ... at least in one survey

Harvard University's MBA program is the toughest to get into, the Wharton School provides the best total experience and Stanford University offers the best prospects of finding a good job after graduation, so says Princeton Review's annual "Best 282 Business Schools" guide published this week. But wait. Didn't we hear that another school was the best? U.S. News & World Report ranked Harvard as No. 1. Business Week gave Northwestern University's Kellogg School of Management the top spot. The Wall Street Journal/Harris Interactive survey put the University of Michigan's Ross School of Business in first place. The Economist Intelligence Unit, a unit of the Economist Group, in London, called the IESE Business School at the University of Navarra, in Spain, the best in the world. "We're creating a lot of confusion by the vast number of business school rankings we have today," said John Fernandes, CEO of Tampa's Association to Advance Collegiate Schools of Business International, which accredits 530 business schools around the world. "They're all subjective."

Other chatter

NORTHWEST RETURNS TO PRICELINE: Tickets on Northwest Airlines flights will soon be back on Priceline.com. Northwest had been missing from the online travel site since May 2002 because of disagreements over the terms of distribution. The agreement covers fares priceline.com discloses in advance and those it sells under its name-your-own-price bidding system.

TOBACCO COMPANIES CAN'T MARKET 'LIGHT' CIGARETTES: A federal judge has denied a request by tobacco companies to let them keep marketing "light" and "low-tar" cigarettes until an appeal is settled in their case. U.S. District Judge Gladys Kessler ruled in August that the cigarettemakers violated racketeering laws and misled the public about the health consequences of smoking. Kessler ordered them to stop marketing light and low-tar cigarettes. The companies immediately asked Kessler to hold off on enforcing that order until the appeal was complete, but Kessler rejected that request, saying the public would be harmed by a delay.

REPORT PUTS DOLLAR FIGURE ON DETROIT'S BUSINESS MODEL: Domestic automakers make an average of $2,400 less per vehicle than their Japanese rivals because of high labor benefit costs, less-efficient purchasing and manufacturing procedures, and a weak yen, says a study by the Harbour-Felax Group, a widely respected industry consulting firm.

 

[Last modified October 3, 2006, 23:43:54]


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