In the news

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As anti-academic anger goes global, 11 American colleges revive an institution for exiles

Eleven American colleges and universities, a mix of private and public institutions, have agreed to host at least one endangered scholar for a minimum of two years as part of the New University in Exile Consortium. Along with the New School, its organizer, the group, mostly in the Northeast, includes Barnard, Connecticut, Trinity, and Wellesley Colleges; Brown, Columbia, Georgetown, George Mason, and Wayne State Universities; and Rutgers University at Newark. 
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President Wilson discusses the new Mike Ilitch School of Business on Conversations with WSU

Mildred Gaddis sat down with Wayne State University President M. Roy Wilson, and Darrell Dawsey, director of community communications. Earlier this week, President Wilson joined with some of Detroit’s most important business leaders to announce the opening of the Mike Ilitch School of Business, which promises to be an incubator for some of Detroit’s sharpest minds and a boom for our local workforce. 
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Mike Ilitch School of Business adds modernist splash to Woodward Avenue

Wayne State University cut the ribbon Tuesday on its new Mike Ilitch School of Business, the latest addition to downtown Detroit's growing list of attractions. The new school is many things at once: First, it delivers a shot of modernism to Woodward Avenue's mostly traditional architectural environment. Next, the school also fronts directly on Woodward Avenue, vying to become not an isolated ivy-covered building tucked away on a campus, but an open, welcoming addition to the streetscape. WSU President M. Roy Wilson said he and Christopher Ilitch spent a lot of time with architects at SmithGroup trying to design a school that was open and welcoming, with  the many formal and informal gathering places, including the Terrace and an outside lawn suitable for tented events, as a result.
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$59 million Wayne State business school opens with nod to Ilitch legacy

When Wayne State University students start classes next week at the new Mike Ilitch School of Business, they'll enjoy classrooms with views of downtown Detroit's skyline and state-of-the-art facilities in a sleek 125,000-square-foot building on Woodward Avenue. The Ilitch family starred in a ribbon-cutting ceremony Tuesday for its patriarch's namesake business school, 2 1/2 years after the largest donation in Wayne State University history jump-started its construction.
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New Mike Ilitch School of Business opens in downtown Detroit

The new Mike Ilitch School of Business has opened Tuesday in downtown Detroit. A new addition to Wayne State University's campus, the development was made possible thanks to $40 million donation from Mike and Marian Ilitch. "Mike and I were so proud to make the gift to build this school, it was one of the highlights of our careers," said Little Caesars co-founder Marian Ilitch. "We were so excited about the positive impact it will have on the students, the university, the city of Detroit and our broader community, for generations to come."
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Detroit woman builds village for neighborhood

"This is a part of Wayne State Medical School's social mission," said Dr. Jennifer Mendez, the medical school's director of co-curricular programs and assistant professor of internal medicine. "It is a way for our students to apply their classroom knowledge to real-life situations." The Wayne State students also formed an organization to support Auntie Na's this year after being inspired during volunteer efforts during the last school year. It includes about 20 members.
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How much should we know about a CEO's health?

At the end of a marathon day in Balocco, Italy, in June, Sergio Marchionne was still going strong. Marchionne, the CEO of Fiat Chrysler Automobiles, died less than two months later. In the days after his death, the Swiss hospital where he died said Marchionne had been treated over the previous year for an undisclosed serious illness, and questions were being raised about what company officials knew. But if the FCA board knew of Marchionne's struggles — and that's not a certainty — is there a requirement to share more? Professor Sudip Datta, finance department chair at Wayne State University's Mike Ilitch School of Business, said the issue goes to privacy. "There's no requirement per se about disclosing the health of the CEO to investors," Datta said, "Just because someone is a CEO, it doesn't mean someone checks all his privacy at the door." The U.S. Securities and Exchange Commission "doesn’t say you have to disclose the private lives of the CEO or for that matter any employee," Datta said.
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Detroit real estate game creates chaos in neighborhoods

Land contracts are a popular home buying tool in Detroit where mortgages have historically been hard to come by — have little protections for buyers. "Land contracts can be so pernicious there is no filing requirement, there is just no regulation on them," explained Peter Hammer, director of the Damon J. Keith Center for Civil Rights at Wayne State University Law School. "They can just exist in this completely private space, and almost no accountability for them."