Articles

Mall owners go from first to last in REIT market

Shopping mall owners like Simon Property Group, the best-performing U.S. property stocks for four years, have tumbled to the worst as sluggish retail sales and limited opportunities to expand drive investors to look elsewhere for earnings growth.

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NCAA football restructuring seen inevitable by ADs

The richest college football programs almost certainly will be allowed to spend more money on athletes once the NCAA rewrites rules in the coming months, according to a panel of sports administrators and marketers.

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Lilly drug royalties spark lawsuit against Princeton

Residents in Princeton, N.J., have sued the municipality and Princeton University, saying the school should lose its tax-exempt status because it shares drug royalties with faculty. The case could have major repercussions for research universities.

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NCAA investment portfolio climbs to $527 million

College sports’ governing body grew its investment portfolio to $527 million for the year ended June 30, with an 11-percent gain in its $304.5 million quasi-endowment and an 8.8-percent return in its $222.5 million operating reserve.

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Kelley School expands executive degree programs

Indiana University’s Kelley School of Business is expanding its certificate programs for executives, combining noncredit webinars, for-credit certificates, and graduate degrees into a single educational program, mostly for corporate clients.

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Cummins plans to add 500 jobs for Nissan engine

Cummins said the 5-liter, V-8 turbo diesel will be built in Indiana at the company's historic plant in downtown Columbus, creating up to 500 jobs over the next several years. About 300 people currently work on the V-8 program.

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