EurekAlert! News by Subject: Business & Economics - News by Subject: Business & Economics

Business & Economics

Updates every hour. Last Updated: 5-May-2025 15:09 ET (5-May-2025 19:09 GMT/UTC)

The great ripple - how a tsunami can disrupt global trade

Tohoku University
Peer-Reviewed Publication

Tsunamis can cause immense physical damage to ports, but the economic cost does not stop there. The resultant disruptions of shipping lanes result in billions of dollars in losses every day, as was seen in the 2011 tsunami that hit the Tohoku Region. To better assess the ripple effect a tsunami could cause to shipping lanes in the South China Sea, a group of international researchers carried out 104 tsunami simulations.

Journal: npj Natural Hazards

Climate change and innovative paths to a more sustainable future

Shanghai Jiao Tong University Journal Center
Peer-Reviewed Publication

The challenges posed by climate change and greenhouse gas net-zero transition are discussed. Several key technology areas which require innovation are briefly reviewed in this article, including renewables, energy storage, distributed energy resources, CO₂ utilization, agriculture, and the synergy between Al and energy transition. The shift in mindset from “re-cycling” to “re-using” and a redefinition of “wealth” for a more sustainable future are also proposed.

Journal: Frontiers in Energy

Passion to serve others fuels social work graduate

University of Texas at Arlington
Peer-Reviewed Publication

Katherine Kitchens, who graduates today from UT Arlington, was inspired to pursue her Ph.D. in social work after working with marginalized populations at a community clinic during her master's program. Her research focused on cognitive decline among resettled refugees, revealing that older refugees are at higher risk of cognitive impairment compared to other immigrant groups. Kitchens will continue her work at the University of Texas Southwestern Medical School, aiming to bridge public health, neuroscience, and social work to improve care for refugees

Journal: Journal of Gerontological Social Work

Clarification on commercial law grey area

University of Adelaide
Peer-Reviewed Publication

A new study from the University of Adelaide has revealed key markers that influence how commercial behaviour is perceived by courts, clarifying the line between legal and illegal conduct in commercial law.

Journal: University of New South Wales Law Journal

Older Australians turning to cannabis as cigarette prices rise

Curtin University
Peer-Reviewed Publication

New research from Curtin University has revealed increasing cigarette prices over the past several years have seen more older Australians turn to cannabis use as an alternative.

Researchers from Curtin’s School of Accounting, Economics and Finance investigated the buying habits of nearly 100,000 Australians from 2001 to 2019 by analysing data from the Australian National Drug Strategy Household Survey.

The team found when cigarette prices increased cannabis use decreased in Australians under 40 years of age, with no change for people aged between 40 and 50.

However, it also showed cannabis use increased among people aged over 50 when cigarette prices rose.

Journal: Journal of Population Economics

How luxury brands can navigate the "enrichment economy"

American Marketing Association

Access to enrichment goods is the enrichment privilege, or an opportunity to purchase enrichment goods from the source in order to resell them later at a premium. The enrichment economy has the potential for unethical retailing practices that brands should be aware of.

Journal: Journal of Marketing

University of Houston students address energy poverty, shine in global competition

University of Houston
Grant and Award Announcement

The “Dream Team” with two University of Houston students and an Aggie won third place in the international Switch Competition, which focuses on addressing energy poverty around the globe.