Massachusetts Governor Deval Patrick unveiled a novel plan that aims to let foreign-born, U.S.-educated entrepreneurs stay in the country. How it works.
FORTUNE -- In America's battle to keep the foreign entrepreneurs it trains, Massachusetts Governor Deval Patrick has thrown down a massive gauntlet.
Announcing a broad economic growth package last week, Deval introduced what he's dubbed the Global Entrepreneur in Residence (GER) Program. The proposal: Foreign students who attended colleges and universities in Massachusetts and MOREClaire Zillman, reporter - Apr 14, 2014 10:46 AM ET
At the world's richest business plan competition, more than 40 teams delivered a minute-long appeal to an imaginary Oracle of Omaha. Here are our favorites.
FORTUNE -- In front of a standing-room-only crowd at a Rice University auditorium Thursday night, business plan contestants set the scene: A would-be student entrepreneur walks into an elevator with Warren Buffett. They have 30 floors -- or 60 seconds -- to get him to MOREAnne VanderMey - Apr 11, 2014 2:38 PM ET
Exorbitant payouts to executives for leaving violates the idea of pay-for-performance.
By Sanjay Sanghoee
FORTUNE – Now that David Letterman is leaving his Late Show on CBS, his former protégé Craig Ferguson reportedly stands to make at least $8 million -- but not for replacing him, since Stephen Colbert has actually landed that gig. Ferguson gets compensated simply for not landing Letterman's spot, which effectively means he wins by default while CBS loses millions.
Talk about a MOREApr 11, 2014 11:19 AM ET
More than 500 teams applied to the richest business plan competition in the world, Rice University's event in Houston. The 42 still standing will compete this weekend for $1.6 million in prizes.
FORTUNE -- Want to start a business? So does everyone else.
More than 500 teams applied to participate in the richest business plan competition in the world, Rice University's Business Plan Competition in Houston. The 42 still standing will compete this MOREAnne VanderMey - Apr 11, 2014 9:56 AM ET
As the economy improves and federal unemployment and foot stamp benefits are cut, dollar stores get dinged.
FORTUNE -- It's a rough retail environment out there, even for the least expensive of goods.
On Tuesday, Family Dollar (FDO) announced that its profits had declined 35% in the second quarter as comparable store sales fell 3.8%. Its profit of $90.9 million, or 80 cents a share, missed analyst estimates of 90 cents. In connection MOREClaire Zillman, reporter - Apr 11, 2014 5:00 AM ET
Women expecting children have certain legal rights, but office politics matter, too. Here's how to handle a potentially tricky dilemma.
FORTUNE -- Dear Annie: I am a senior software developer with one daughter, and I just found out I'm expecting a second child. This is great news, of course, but the problem is, my first pregnancy was very complicated, requiring several weeks of bed rest (i.e., absence from the office). Luckily, my MOREAnne Fisher, contributor - Apr 10, 2014 2:09 PM ET
For at least a decade, parents have become deeply involved in their children's undergraduate admissions process. Those same parents are now taking the graduate schools by storm.
By John A. Byrne
(Poets&Quants) -- The call came in at midnight on the eve of Harvard Business School's round two admissions deadline this past January.
Stacey Oyler, an MBA admissions consultant for Clear Admit, was used to getting late-night calls from clients. After all, MOREApr 10, 2014 1:25 PM ET
The best teams are small, have many women, and know how to have a good fight.
By Robert Sutton
FORTUNE -- My Stanford University colleague, Huggy Rao, spent seven years studying how organizations scale up excellence. We discovered that the process happens largely through teams -- by growing new teams at the right rate in the right way and weaving together the efforts of multiple teams across the company.
Such MOREApr 10, 2014 10:36 AM ET
From entrepreneur to corporate all-star, Irene Chang Britt talks to Fortune about her road to success.
FORTUNE -- Pepperidge Farm (CPB) president Irene Chang Britt launched her career running a bike shop with her brother. The sibling entrepreneurs' business expanded to two stores and mail-orders; sales reached $1 million before they sold the company. Around the same time, Britt faced academic setbacks but managed to bounce back – and has since climbed MOREColleen Leahey, Reporter - Apr 10, 2014 7:46 AM ET
Seasoned team leaders share their top tips for getting the most out of your work groups.
By Jennifer Alsever
FORTUNE -- Some of the best performing corporations and institutions are those that encourage and enable teamwork—in the C-suite, within groups and across divisions. The secret to a great team is not simply about having the most experienced or smartest people on board. Here are 5 ways to build a top-performing team:
Push MOREApr 10, 2014 7:25 AM ET
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