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Category: Business/Technology

Fruit of the vine

Isthmus

Noted: The second-annual event is organized by the UW-Madison Department of Food Science. Enologist and outreach specialist Nick Smith is running the show with help from the Wisconsin Vintners Association, a Milwaukee-based organization for winemakers and enthusiasts that provided volunteers to serve as wine stewards for the competition. They’re busy backstage opening bottles, pouring flights and making sure that the nearly 500 glasses of wine are properly labeled before they’re delivered to the judges.

Madison’s connection to Foxconn

Madison Magazine

For UW–Madison, most conversations with Foxconn have focused on research and recruiting opportunities. From the College of Letters and Science to autonomous vehicles, Foxconn has expressed interest in drawing on some of UW–Madison’s unique assets. … “I think most people think of Foxconn [as] that place in Racine that’s going to manufacture big-screen TVs and large-scale tech screens, and they have a much broader set of interests than that [which] we’re working on,” says Charles Hoslet, vice chancellor of university relations at UW–Madison relations.

In Wisconsin, Foxconn’s Terry Gou seeks a future beyond Apple

Nikkei Asian Review

As trade tensions between Washington and Beijing escalate, the chairman of Foxconn Technology Group, Terry Gou, has managed to make the assembler of iPhones seem immune from the bitter tariff war — and he even has become a notable job creator in the U.S. despite the fact that his hardware empire faces mounting challenges at a critical stage.

The Data Is In: Huge Drop-Off In International MBAs

Interestingly, from last year to this year the same number of schools topped 40% international enrollment: seven … A pair of northern publics, the University of Minnesota’s Carlson School of Management (20.5%) and Wisconsin School of Business (20.2%) were at the low end as well, though in Carlson’s case the total represented aa jump of 4.4 points from last year.

Is ‘Doing Time’ Money for Private Prisons?

Correctional News

Noted: Inmates in private prisons appear to serve 4 to 7 percent additional fractions of their sentences, which amounts to 60 to 90 days for the average inmate, according to a paper released by Anita Mukherjee, Ph.D., an assistant professor of actuarial science, risk management and insurance at the University of Wisconsin-Madison’s Wisconsin School of Business.

Start it up: After six years, the entrepreneurial hub StartingBlock is finally ready. Now what?

Capital Times

Quoted: For those who study startups, there are question marks when it comes to the “everything under one roof” model itself. Jon Eckhardt, a startup researcher at the Wisconsin School of Business, said that “there’s an incredible amount of experimentation” happening around the U.S. with startup centers, but not a lot of research on them.

Supreme Court online tax decision sends smaller businesses reeling

NBC News

Quoted: Hart Posen, an associate professor of management and human resources at the Wisconsin School of Business, thinks that as a result, this could become a boon for Amazon. “It is easy for a seller using Amazon’s platform to collect and remit sales tax. This should further push small retailers toward Amazon’s platform,” he said. That gives the online giant even more leverage.

Trump applying 19th-century remedies to 21st-century problems

The Hill

Is it a trade dispute with China, or is it a trade war? If the latter, is it on hold, or not? The flip-flops in America’s trade relationship with China are coming in ever more frequently, as President Trump issues and rescinds threats.

-Menzie Chinn is a professor of public affairs and economics at the University of Wisconsin. His research examines the empirical and policy aspects of macroeconomic interactions between countries.

The origin of Origin Breads in Madison

WISC-TV 3

Noted: Kirk wasn’t exactly sure how to get his bread business started, but then a consultant from the University of Wisconsin–Madison School of Business told him to start with wholesale and get his bread into stores. “She told me to bake some loaves, walk in and ask for [the] manager. [She told me that] any meeting you go to, bring bread,” Kirk says. Soon, loaves of Kirk’s bread could be found on the shelves of the Jenifer Street Market, the Regent Market Co-op and Fresh Market. “I slowly figured it out,” he says.

McDonald’s is being sucked into the movement to ban plastic straws

USA Today

Quoted: Tom O’Guinn, a University of Wisconsin expert on consumer behavior, said packaging issues aren’t enough to sway diners’ decisions on where to eat.”The average American doesn’t care lot about this,” he said. “People don’t want to sit there and think, ’Gee, this is a slight improvement in packaging.’”

STEM Leaders

Business Facilities Magazine

The UW spins out ideas and products but, more importantly, it graduates 21st century talent, much of which tends to stay and make an impact on the state’s economy.

New Wearable Device Tracks Muscle Movements

Machine Design

Even though today we can easily measure external forces during movement, we still lack the ability to measure the underlying muscle-tendon forces that generate human movement. Previous measuring methods have provided only limited information on the human tendons and muscles. Fortunately, new wearable device technology and research from the University of Wisconsin-Madison (UW-Madison)—led by mechanical engineering professor Darryl Thelen and graduate student Jack Martin—have determined a new non-invasive method of measuring human muscle-tendon force and movement.

Emoji Analysis: How it Can Help Your Business

Business News Daily

According to recent research by the Wisconsin School of Business, the use of emojis will likely continue to increase in marketing communications.

“Brands are trying to be authentic, to come across as personable, and project traits like warmth and competence,” Joann Peck, associate professor of marketing at the Wisconsin School of Business, said in the press release. “One way to do that is to mirror everyday conversation, and that means taking the non-verbal cues we use in face-to-face communication into the online environment.”

It’s Up to Republicans to Legalize Marijuana

Bloomberg News

Noted, Diop is an assistant professor at the Wisconsin School of Business: A second paper, by economists James Conklin, Moussa Diop and Herman Li, used a very interesting method to evaluate one aspect of legal weed’s impact — they looked at house prices. When recreational cannabis was legalized, many medical marijuana dispensaries converted to retail marijuana stores. Conklin et al. found that near these stores, housing prices almost immediately rose by about 8 percent relative to houses in other areas.