Experience Stern | News & Events

The NYU Stern Salomon Center for the Study of Financial Institutions and the Bank Policy Institute welcomed Raghuram G. Rajan, distinguished service professor of finance at the University of Chicago Booth School of Business, for the Gallatin Lecture Series on Banking on Tuesday, April 2.

Excerpt from Bloomberg -- "I think you saw on Friday that the markets have entered into—or that Lyft's shareholders entered into—consensual hallucination with management that this company garners anything resembling this valuation."

Excerpt from NPR -- "There's a wonderful body of literature these days led by Jonathan Haidt who teaches at New York University about 'moral foundations.' What he finds is that everybody in society basically shares two moral foundations: We all care about compassion, and we all care about fairness. We don't define those things in the same way, but we care about those things."

Excerpt from Channel News Asia -- "The dramatic increase in use of social media and digital media for conversations helps these small niche products where people are very passionate about whatever that product area is."

Excerpt from The Guardian -- "Deaths in Bangladesh’s garment sector have fallen in the past five years since the accord was introduced from about 71 a year to 17, according to research from New York University’s Stern Centre."

Excerpt from National Geographic -- "To track how metropolitan regions have developed, Shlomo Angel and his colleagues at New York University used historical maps and satellite imagery to create the Atlas of Urban Expansion. The atlas defines city parameters to include the entire built area beyond a city’s jurisdictional boundaries and into surrounding municipalities."

On Monday, April 1 NYU Stern's Fubon Center for Technology, Business and Innovation will host a talk on “Demystifying AI and Machine Learning” by Dr. Pedro Domingos, author of The Master Algorithm: How the Quest for the Ultimate Learning Machine Will Remake Our World. 

Excerpt from Cointelegraph -- "'Generally, a person can sell their property, including a business that they may own,' Hinkes told Cointelegraph. 'While eBay maintains a list of restricted goods that cannot be sold on its platform, it appears that there are specific areas on eBay's website designed for the sale of businesses; and Sponsy is listed on a page that appears to allow the sale of web pages and internet companies.'"

Excerpt from Ad Age India -- "As our digital and non-worlds continue to blend, we will need to be conscious of designing for an inclusive world. This is extremely important from both, a business perspective as well as a consumer perspective. The discussion has only just begun."

Excerpt from CNN -- "'The driver is the face of the brand,' he said. 'The entire experience is controlled by the person whose car you get into -- if they're projecting, "I'm underpaid and unhappy," that's not going to be a good experience.'"

Excerpt from Forbes -- "The best marketers have not only figured out what it takes to stay relevant, they are motivated by the challenge. It was about this topic that I had the privilege of talking to Wendy Clark, CEO of DDB, Ann Lewnes, Executive Vice President and Chief Marketing Officer of Adobe, and Keith Weed, Chief Marketing and Communications Officer of Unilever, who will be inducted at an event on April 16 in New York into the 2019 AMA New York Marketing Hall of Fame."

Excerpt from Fox Business -- "'What Lyft and Uber are right now is an incredible transfer of wealth from drivers to riders,' he said. 'I would argue that these companies have figured out the ultimate ninja move to kick the middle class in the groin by saying, "with 4,100 employees and our investors, we're going to split $25 billion and the 1.4 million drivers get between $8-$15 bucks an hour in flexibility."'"

Excerpt from Forbes -- "'In particular, AT&T is finding itself short on leadership for Time Warner (in part because of losses due to leaders’ misconduct and subsequent resignations) and struggling to integrate very different corporate cultures, which is likely to encourage them to spin off businesses that are less likely strategically valuable to the combined entity,' explained NYU Stern professor Batia Wiesenfeld. ... 'My sense is that AT&T will not likely disrupt Warner Bros. Theatre Ventures at this point,' opined NYU Stern professor Paul Hardart."

Excerpt from Bloomberg -- "'My own personal preference would be to go back to Europe and say, "we have a clear strategy, which is we want to leave without a deal, but we would like to take six months to complete the preparations to avoid the dislocation,"' King said. 'It depends on how far the preparations have got, and the government hasn’t been as explicit about that as they might.'"

Excerpt from Retail Leader -- "The data is in and products with sustainable attributes are driving a disproportionate percentage of growth. IRI teamed with NYU’s Stern Center for Sustainable Business to understand why products with sustainability attributes driving superior growth rates."

Excerpt from Gizmodo -- "While the major social networks have taken 'some steps' to counteract the spread of disinformation, a recent report from the NYU Stern Center for Business and Human Rights concluded that Facebook and, in particular, YouTube continue to employ 'a piecemeal approach' to the problem."

Excerpt from the Korea JoongAng Daily -- "'Minimum wages, we know, can lead to a reduction in demand for workers and then to a pool of workers who are not connected to the labor force,' Romer said on Wednesday in response to a question on his thoughts on the Moon Jae-in government’s income-led growth policy and the minimum wage increases."

Excerpt from Multi-Housing News -- “'In your downtime, you’ve decided to spend 20 minutes on Instagram and you’re actually curious to see what’s on the market,' she said, comparing that to routine habits such as checking a bank account, when someone may be more annoyed at seeing ads cropping up."

Excerpt from Fast Company -- "'If enough drivers participate, they will have an impact,' says NYU business professor Arun Sundararajan, who is generally bullish on the prospects for Uber, Lyft and other 'gig-economy' companies. 'Worker protests by Uber and Lyft drivers get far more attention than any other labor action in the world right now.'"

Excerpt from Vox -- "In fact, recessions used to happen a lot more often than they do now, explained Richard Sylla, professor emeritus of economics at New York University, and since the late 20th century, expansions have become longer. The reason is that 'we’re much less of an industrial economy,' Sylla said."

Excerpt from Forbes -- "'This is an expensive area, there’s no question,' White said. 'That does make the home-buying process a bit more frustrating and a bit more difficult, but not as difficult as that 18-year number would indicate.'"

Excerpt from Forbes -- "'There’s a lot of misinformation out there,' Seamans says. 'The narrative that AI is coming to take your jobs is way overplayed.'"

Excerpt from Freakonomics Radio -- "Having basic copyright protection is important for two reasons. The first one is that it gives people an incentive to produce better work, but then the other one is if you actually make art something that people can make money off, you also change the type of person who can become an artist."

Excerpt from City and State NY-- "Achieving a better-specified expansion of service does appear to be the best outcome. It is unrealistic to expect another company to take over Charter's operations. That is the 'nuclear option.' Any serious effort by the PSC to try to make this happen would lead to years of litigation."

Excerpt from Zacks Investment Research Podcast -- "I think Lyft should be treated as a platform company... I tend to use enterprise value to revenue to value these companies. Enterprise value is market value of equity plus market value of debt minus cash. ... When you think about platform companies such as Facebook, Airbnb, Uber or Lyft, they tend to trade between 7 and 10x of the revenues."