NEW YORK (CNN) -- CNN Money's Maribel Aber has your top business and financial news on this Friday, June 21.
TME appoints Doug Erickson as president
TME Inc. of Little Rock announced Thursday it has appointed Doug Erickson as president. According to a news release, Erickson will report directly to Rusty Mullen, TME's CEO. "We welcome Doug's experience and leadership to the TME team," Mullen said in the release. "In his new role as president, Doug's vision moving forward is to continue to grow TME's service offerings to clients and to expand our geographic footprint." Previously, Erickson has served as director of health care for Northstar Management Co. of St. Louis; deputy executive director of American Society for Healthcare Engineering; director of planning, design and construction for the Arkansas Hospital Association, and director of engineering for the Joint Commission, a non-profit group that accredits health-care organizations and programs in the U.S.
UA to offer online business analytics program
The University of Arkansas has launched an online certificate program in business analytics that aims to help workers interpret large amounts of data. The graduate certificate program will begin in the fall and the application deadline is July 1. Late applications may be considered on a space-available basis. The program will offered through the university's Walton Business College. According to a UA press release, the program provides a high-quality online experience focused on learning concepts and techniques in data management, analytics and data mining. Students will work with large-scale, real-world data sets from active companies, including Sam's Club, Tyson Foods Inc., Dillard's Inc. and Acxiom.
3 reasons why higher mortgage rates won't slow the housing recovery
U.S. Federal Reserve Chairman Ben Bernanke's speech Wednesday will likely push mortgage rates higher in the coming months. The central bank isn't going to raise interest rates soon, he assured, but if the economy continues improving the way it has, it will consider trimming its monthly bond purchases from the current level of $85 billion a month by the end of this year. Some might worry higher mortgage rates could derail recovery of the housing market, but that will depend how quickly rates rise. And if history tells us anything, paying more is unlikely to hurt homeowners and buyers.
Is a neighbor hurting your home's value?
Love thy neighbor? Yeah, right. We're lucky if we can even tolerate them. A recent survey by Harris Interactive and State Farm Insurance found that 60% of Americans have a pet peeve with someone who lives nearby. A bad neighbor "can make your life a total nightmare," says Bob Borzotta, managing editor of NeighborsFromHell.com, whose message boards contain more than 42,700 posts on unfriendly neighbor behavior.