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| Dr. Ethics Channels Aristotle: "Education is the best provision for the journey to old age" By Michael McMillan, Ph.D., CPA, CFA Director, Ethics and Professional Standards Revisiting the American Dream: Is the U.S. Providing Fewer Opportunities to Get Ahead? The following post was published on http://knowledge.wharton.upenn.edu on January 18, 2012. Financial Implications Of College Football Playoffs It's an early winter ritual, right up there with changing to snow tires and cursing your parents for not choosing somewhere warmer to live. The endless college football debate: why does the sport have such an illogical and confusing postseason? Why not a playoff? Like most real-world scenarios that seem to make little sense on the surface, the explanation has lots to do with money. (For related reading, see How Much Revenue Do College Sports Produce?) Earnings Roundup: MMM, CAT 3M (MMM) announced higher than expected quarterly earnings due to strong demand from industrial and transport markets that was able to offset weak demand from its consumer electronics units. Earnings were $954 million, or $1.35 per share, versus $928 million, or $1.28 per share, in the same period last year. Analysts had expected $1.31 per share. Revenues increased to $7.1 billion, which met analyst estimates. |