Experience Stern | News & Events

Excerpt from Lexology -- "'To address these challenges, CEOs are recognizing that they need to incorporate broader principles of sustainability in their everyday business decisions. This is not simply a matter of doing the right thing, it’s smart business.' (Professor Michael Posner, NYU Stern School of Business (2014), see World Economic Forum: Why it pays for businesses to boost sustainability)."

Excerpt from CNN -- “'It’s pretty much concentration and lack of competition. What is most striking is that it was the opposite 20 years ago. So when I came to the US from Europe 20 years ago, I noticed that the US was the land of low prices and free markets, where you had lots of choices and very low prices, be it for flying around, for buying a cell phone, or for getting on the internet. And somehow over the 20 years that I’ve been here, I’ve seen these markets become more and more concentrated, controlled by a few large players, so that today US households have fewer choices, and they pay higher prices.'”

Excerpt from Observer -- “'He comes from the most profitable side of the business where operations matter,' Allen Adamson, co-founder of Metaforce and an adjunct at NYU Stern, told Observer. 'He knows how to run complicated operations. Parks and entertainment is a lot like making a movie in that it’s a detail-oriented process business. It’s intense management and less creative. That’s a skill set that’s critical now that Disney’s so big.'”

Excerpt from The New York Times -- Long-term interest rates are likely to be much lower going into the next downturn than they were going into any recession in the past 75 years,' a set of top economists wrote in a paper prepared for the conference. 'This will clearly limit the potential for old and new monetary policy tools to ease financial conditions and bolster economic outcomes.'”
 

Excerpt from Fox Business -- "Roubini doesn’t think the damage caused by the coronavirus will be enough to tip the U.S. economy into recession, though he said economic growth in the U.S. and Europe may 'surprise on the downside.' He sees U.S. economic growth slowing from 2 percent to 1.7 percent, or a little more."

Excerpt from Bloomberg -- "'Going forward, low global bond yields likely will hamper any attempt to lower safe interest rates using either old or new monetary policy tools,' economists Stephen Cecchetti, Michael Feroli, Anil Kashyap, Catherine Mann and Kermit Schoenholtz wrote in the paper."
 

Excerpt from BusinessBecause -- "Dr. Anindya Ghose, professor of information, operations, and management sciences at NYU Stern, agrees. Bad data is usually at the root of the problem, he believes. 'An algorithm is only as good as the data it’s trained on,' he says. 'To use an old data science adage: garbage in, garbage out.'”

Excerpt from Politico -- "Alison Taylor, Executive Director for ethical system at NYU’s Stern School of Business, kick-started a great conversation on Twitter and LinkedIn about the ethical responsibilities of business. The replies showed a keen sense that large companies are hypocritical on tax and lobbying issues, and that ethical behavior is still seen by some as a choice rather than an imperative."

On Friday, February 21, the Latin American Business Associations (LABA) at NYU Stern and Columbia Business School and the Young Professionals of the Americas will host the Latin American Business Conference.

Excerpt from Forbes -- "I am reading a delightful book by Simon Bowmaker, When the President Calls: Conversations with Economic Policymakers ( MIT Press, 2019). Bowmaker interviewed 35 former top government officials who worked in administrations as far back as Harry Truman and as recently as Donald Trump, most of whom also had strong ties to universities before and/or after government service."

Excerpt from LiveWire -- "Ironically, acquired intangibles can show up on the acquirers’ balance sheet, precisely because a value was placed on the asset by third parties during the (arms’ length) acquisition transaction. These different accounting treatments create a contradiction, as NYU Stern School of Business Professor Baruch Lev and University of Buffalo Professor Feng Gu point out."

Excerpt from Crain's New York -- "'The optimistic story assumes Netflix achieves economies of scale and brings the content monster under control,' Damodaran said. 'But the growth machine is driven by subscribers trained to expect more and more content tailored to their tastes. My worry is that this new content is almost like a drug you have to feed consumers to keep them coming back.'"

Excerpt from The Washington Post -- I used to share their skepticism. But my study of 'behavioral contagion' — social scientists’ term for how ideas and behaviors can spread through populations like infectious diseases — has changed my view. The environmental impact of seemingly insignificant voluntary actions is far greater than most people realize, for two related reasons."

Excerpt from Clear Admit -- "I was looking for a business school that would open the door to the career opportunities I was interested in and provide the resources and support to help me capitalize on those opportunities. Stern’s location and reputation offered unparalleled access to organizations within NYC, which is where I wanted to continue my career. With the help of the office of career development, the management consulting association, experiential learning courses, and company treks, I knew I’d be able to take advantage of that access."

Excerpt from Forbes -- "I am reading a delightful book by Simon Bowmaker, When the President Calls: Conversations with Economic Policymakers ( MIT Press, 2019). Bowmaker interviewed 35 former top government officials who worked in administrations as far back as Harry Truman and as recently as Donald Trump, most of whom also had strong ties to universities before and/or after government service."

On Thursday, February 20, NYU Stern's W.R. Berkley Innovation Labs will welcome NYU alumni, investors and entrepreneurs to the 18th Annual New Venture Showcase. 

Excerpt from CanIndia -- "'A lot of economists look at trade as ships going back and forth carrying cars and TV sets and grain and soybeans and they say well, that’s what’s really important, and the trade deficit is just a spin-off. But you could look at it another way and I say that maybe the finance is more important than the trade,' NYU’s Richard Sylla told IANS here on Wednesday in response to a question on an elusive India-US trade deal that’s been dogged by escalating tensions and constantly shifting goalposts."

Excerpt from Yahoo News -- “'Humans are very sensitive to losses, and we don’t notice we've lost something until we've enjoyed it and then it disappears,' Adam Alter, PhD, an associate professor of marketing at the NYU Stern School of Business and author of Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked, tells Yahoo."

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Excerpt from The Motley Fool -- "A reverse split conveys a lack of confidence, and it's not just the initial hit that weighs on most of the companies that have gone this route. A study by researchers at NYU Stern School of Business and Emory University looked at 1,612 reverse splits that were executed in a 40-year span of time through 2001."

NYU Stern's Center for Global Economy and Business and Volatility and Risk Institute will host a fireside chat with Jelena McWilliams, Chairman of the FDIC.

Excerpt from PBS Frontline -- "So Amazon has these Darth Vader-like abilities to just look at a sector and begin choking it of oxygen without even touching it. Amazon can begin beating competitors without even competing.'

'Once you start connecting the dots, you see that Amazon is building all of the invisible infrastructure for our futures.'"

Excerpt from Scientific American -- "But critics of climate science close to the White House believe the effort could take a more adversarial approach compared with earlier versions. Steve Koonin, a physics professor at New York University, said he has pitched Droegemeier on the idea of incorporating a red-team review into the National Climate Assessment. The exercise could allow science critics to use discredited theories to challenge consensus research on rising temperatures, scientists have said."

Excerpt from Decrypt -- “'The US regulatory approach to selling instruments for fundraising is of tremendous importance to the entire industry. No question,' Drew Hinkes, an attorney with Carlton Fields and an adjunct professor at New York University’s Stern School of Business and School of Law, told Decrypt. 'I can't think of a stakeholder who wouldn't be interested in the outcome of this,' he said."

Excerpt from Yahoo Finance -- "'This is an additional reminder of why companies need to diversify away from China,' says Joseph Foudy, an expert on global business and professor at NYU’s business school."

Excerpt from The Washington Post -- "New York University business professor Scott Galloway notes that the health insurance industry shed billions of dollars in value on the morning after Amazon merely hinted, in a news release, at an interest in health-care costs. 'Amazon has these Darth Vader-like abilities to just look at a sector and begin choking it of oxygen,' he says."