News Articles
Jan 29
Bill Chase brings C-suite experience to the Leighton Lecture on Ethics and Responsibility
Chase outlined how Abbott, a large and diversified healthcare company, spun off its research-based pharmaceutical business into AbbVie, and the challenges that process involved.
Jan 28
Using AI as co-founders, Gies students build real-world apps
Students in Vishal Sachdev's “AI Solopreneurship & Product Building” course ideate, code and publicly launch a web or mobile product in just 15 short weeks – using only AI tools.
Jan 27
PODCAST: From the Pitch to the Boardroom: Lessons in Global Leadership
In studying 355 elite national soccer teams from around the globe, Gies Business Professor Mike Szymanski finds that teams led by multicultural managers enjoy an advantage in a sport where nations from every corner of the world collide.
Jan 23
Ravi Mehta honored with the Walter H. Stellner Distinguished Professor in Marketing
The Walter H. Stellner Professorship is a prestigious honor at the University of Illinois that recognizes excellence in the study of marketing.
Jan 21
Julia Fonseca wins 2025 Brattle Group First Prize for mortgage lock-in research
The Brattle Group Prizes in Corporate Finance recognize outstanding research published in The Journal of Finance, which is widely recognized as one of the foremost journals in its field.
Jan 19
From ChatGPT-3.5 to 4.0: Follow-up study finds better math, same financial risks
A follow-up study testing ChatGPT-4.0 found it shows improved organization, fewer math errors, and slightly better risk awareness than version 3.5, but still gives flawed, poorly prioritized financial advice and sometimes misleading “false empathy.”
Jan 15
Study: Expedited breakthrough drug approvals linked to higher safety risks
Researchers found that drugs approved under Breakthrough Therapy Designation experienced an average of 1,722 more serious adverse events per year than non-BTD drugs.
Jan 14
EntreCorps proves mutually beneficial for startups and consultants
Housed in the Origin Ventures Office of Entrepreneurship in Gies College of Business, EntreCorps provides valuable consulting work at no charge for startups within the University of Illinois ecosystem.
Jan 12
Ambulance Taxis: Curbing Medicare fraud without hurting patient care
Medicare has spent billions on nonemergency ambulance rides for dialysis patients, many of which were fraudulent. New research from Gies Business shows that prior authorization requirements dramatically reduced this abuse without compromising patient care.