The PEW Charitable Trusts – As Americans begin the challenge of filling out their tax returns this year, one taxpayer demographic generally pays less than others: senior citizens. Tax breaks for seniors cost states approximately $27 billion a year and will more than double in the next decade, according to a recent study from the progressive Center on Budget and Policy Priorities in Washington, D.C.
The Gazette – Whoever buys the business likely will not have to physically take over the asset before the merger closes, so long as the two parties have a purchase agreement in place, said Yiming Qian, finance professor at the University of Connecticut, who has researched divestitures made during horizontal mergers.
iGrow News – Colleges across the country are looking for creative ways to give students hands-on, real-world experience using technology to solve problems. It makes sense: Proficiency in this area is one of the most in-demand skills in the workforce.
Jonathan Moore, academic director of the management information systems program at the University of Connecticut, developed a program that teaches data analytics and, in a unique twist, lets students hone their skills by helping fellow students.
The Wall Street Journal – Houses are pretty good at keeping secrets. A hairline crack in a pipe or a worn belt on the clothes dryer may go undetected until something goes wrong.
UConn Today – Multinational conglomerate Berkshire Hathaway bought CEO Warren Buffett’s struggling hometown newspaper. Amazon acquired Whole Foods, which is headquartered in the same state where CEO Jeff Bezos grew up and owns a home.
New research shows these deals aren’t coincidences. Companies are 2.5 times more likely to acquire firms headquartered in the state where their CEO grew up than similar firms located elsewhere, the study found.