American business schools are about to face some stiff competition from abroad. After years of looking up to the US model, international programs are borrowing from them and catching up: European graduate management programs received more than 90,000 Graduate Management Admission Test score reports from applicants during the 2012 testing year, marking both an all-time high […]

Dr. Michael Ciampi of South Portland, Maine, might do more to reform health care than the entire Obama administration. On April 1, Ciampi decided to stop taking insurance at his primary care practice, charging people instead a fixed, out-of-pocket price for all services. By cutting out the insurance middlemen on all claims, Ciampi will save both […]

Want to save a few bucks investing in your child’s college fund? Today is your day. States across the country are boosting 529 college savings plans in an effort to entice new parents to sign up. The New York Times reports: To raise awareness of the savings plans, the College Savings Plans Network, a nonprofit group […]

Congress has gotten a bad rap over the past few years as a do-nothing body, but this is not fair. Congress has actually been incredibly busy. The Congressional Research Service reports that Congress has passed 70 bills in the 111th session alone bestowing names on US Post Offices.In case you’re counting, that’s 20 percent of all […]

Instead of travelling long distances to faraway hospitals, rural and other geographically remote veterans are receiving their care via local clinics that use telemedicine technology to connect with hospitals.This way of delivering care not only saves time, money and travel costs (the Department of Veterans Affairs estimates that 800,000 travel miles have been eliminated); it’s […]

A pair of stories about the Israeli auto industry reveals global implications for the future of driving. On Sunday, the Israeli electric vehicle manufacturer Better Place called it quits after struggling to gain a foothold and producing fewer than a thousand cars—a far cry from the 100,000 it predicted would be here by 2010.Better Place […]

For a union, Europe can’t seem to agree on much. The latest disagreement is over whether to tax imports of Chinese solar panels. Some countries see the flood of cheap Chinese solar panels as cheating. China has propped up its solar industry with subsidies, and many believe its companies are foregoing profits and selling their […]

Two and a half trillion dollars: That’s the most recent estimate for US states’ total unfunded pension liabilities. Nathan Benefield at USA Today breaks down the painful consequences of letting a defined-benefit system run amok for decade after decade: One inescapable fact remains: Without meaningful reform, paying down these liabilities would cost the average American […]

The battle lines between friends and rivals are coming into sharper focus in Asia’s Game of Thrones.Chinese Premier Li Kequiang traveled straight to Pakistan following his trip to India. There, Li deftly avoided touching on sensitive subjects; in Pakistan, he praised the military, promised to strengthen the two countries’ economic links, and gushed that “the China-Pakistan friendship has […]

California’s high-speed rail project would be a bad idea in the best of times, but the state is handling it so poorly it almost seems like it’s trying to fail. The LA Times reports that Tutor Perini Corp. beat out five companies to build the train’s first 29 miles. Tutor Perini submitted the lowest bid, but it ranked lowest on design, safety and engineering […]