Law school deans' cost-cutting efforts are colliding with decades of strong job protections for professors.
By Elizabeth G. Olson
FORTUNE -- It runs like clockwork: When businesses run into trouble, managers move to reduce salaries and expenditures. If only it were that simple for the multimillion-dollar law school industry, which is up against the wall trying to balance plummeting budgets while maintaining employees' academic freedom.
Law school deans' cost-cutting efforts are MOREMar 27, 2014 12:14 PM ET
Big, transformative strategies create buzz, but a new book contends the real money is in the everyday stuff that most companies overlook.
FORTUNE -- Early on in Low-Hanging Fruit: 77 Eye-Opening Ways to Improve Productivity and Profits, co-authors Jeremy Eden and Terri Long quote Warren Buffett: "I don't look to jump over 7-foot bars. I look around for 1-foot bars that I can step over."
Those small steps to greater efficiency, and fatter MOREAnne Fisher, contributor - Mar 27, 2014 5:00 AM ET
As the drugstore chain plans to shutter 76 locations, some of which are very close to other Walgreens locations, it's worth asking, why were these stores opened in the first place?
FORTUNE -- In retail, being your own worst enemy isn't always a bad thing.
On Tuesday, Walgreen Co. announced plans to close 76 unprofitable drugstores by August.
The Deerfield, Ill.-based company, which reported that its second-quarter net income inched down from $756 MOREClaire Zillman, reporter - Mar 26, 2014 5:58 PM ET
Secondhand stores are among the very few businesses that have grown during Spain's long economic crisis.
By Ian Mount
FORTUNE -- The display window at the Cash Converters branch on Barcelona's toniest shopping street, the Passeig de Gràcia, features everything from a child's guitar to bolt cutters, and on a recent Monday afternoon, the secondhand store was filled with browsers.
Jaime Antonijuan was looking at a bike, but he often shopped at MOREMar 26, 2014 12:24 PM ET
To build organizations that are adaptable at their core, we will need to rework every management process so it enables, rather than frustrates, breakthrough thinking and relentless experimentation.
By Gary Hamel
(TheMIX) -- The organizations that survive in the coming decades will be those that are capable of change as fast as change itself.
Today, few organizations seem to be able to out-run change for more than a few years at a time. MOREMar 26, 2014 10:26 AM ET
D.C. court judges will hear arguments on Tuesday over whether the federal government can offer subsidies to low-income Americans in states that opted out of Obamacare's health insurance exchanges.
FORTUNE -- On Tuesday morning, all eyes will be on One First Street in Washington, D.C., where the U.S. Supreme Court will hear arguments from Hobby Lobby and Conestoga Wood Specialties Corp. that, because of religious principles, they should be exempt from the Obamacare requirement MOREClaire Zillman, reporter - Mar 25, 2014 9:52 AM ET
Next week, Congress will be racing against the clock to put a band-aid on an automatic measure that will significantly cut what doctors receive for treating Medicare patients.
FORTUNE -- When Congress returns to session on Monday it will find itself in a familiar position: with its back against the wall.
This time, Congress will be racing against a clock that's ticking off the seconds until the payments that doctors receive MOREClaire Zillman, reporter - Mar 20, 2014 5:00 AM ET
China wants to increase its urban population by 91 million people in just seven years. It's an ambitious goal, but it's unclear if the nation is up to the task.
By Minxin Pei
FORTUNE -- For the last two decades, fixed-asset investment (infrastructure, real estate, and plants) and exports have powered China's massive economic growth. As these engines of expansion lose steam, though, the Chinese government has been searching for a MOREMar 18, 2014 12:45 PM ET
The two restaurant chains offer nearly identical products: toasted subs made fresh. So how have they ended up on opposite ends of the fast-food food chain?
FORTUNE -- It's lunch time and you want a hot, melty -- but still fresh -- submarine sandwich. It'll be crunchy, it'll be gooey, it'll be all-around delicious.
There are two restaurants whose sole purpose is to provide you with an oven toasted sandwich -- Quiznos MOREClaire Zillman, reporter - Mar 18, 2014 5:00 AM ET
For the past few years, the gentleman shopper has been flexing his fashion purchasing power. What's behind the remarkable growth in menswear sales?
FORTUNE -- To all the ladies out there wondering, yes, that man in the cubicle next door or the guy at the grocery store does indeed have a better wardrobe than you.
And that shouldn't come as much of a surprise. For the past few years, the gentleman shopper MOREClaire Zillman, reporter - Mar 14, 2014 11:37 AM ET
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