Fifty-five, pensionless and assuming he’d have to work until he died, Roger Ulrich had a decision to make. After two decades in the pharmaceutical industry, his position at Merck & Co. had been phased out.
Social theorists, above all Duke University’s Timur Kuran, have drawn attention to the phenomenon of “preference falsification.” The basic idea is that when people speak in public, they aren’t always truthful about their preferences. What they say is different from what they really think.
Herbalife Ltd., the nutrition company at the center of a battle between hedge-fund managers Bill Ackman and Carl Icahn, posted third-quarter profit that beat analysts’ estimates as sales gained in the Americas.
Ohio State University suspended tailback Daniel Herron, receiver DeVier Posey and offensive lineman Marcus Hall for this weekend’s game at the University of Nebraska after an investigation showed they were overpaid at their summer jobs.
Carlos Hyde rushed for 168 yards and three touchdowns as fourth-ranked Ohio State University rallied twice in the fourth quarter to defeat No. 16 Northwestern University 40-30, extending college football’s longest winning streak to 18 games.