Columbia Business School

Why Consumers Spend More When They're Relaxed

It's no secret that a relaxing environment can keep customers more satisfied. But a new study shows that shoppers also rate products' values higher when they're relaxed. Here's why it might be better to hold off on buying until you're less calm.

Billionaire Henry Kravis Gives $100 Million to Columbia Business School

Henry Kravis, billionaire co-founder of private equity outfit KKR, pledged $100 million to Columbia Business School, the largest gift in the institution%u2019s history. Columbia will use the money to help fund the construction of the business school%u2019s new site in New York City%u2019s Manhattanville section, Bloomberg News reported. The business school will name one of its two new buildings for Kravis.