Experience Stern | News & Events

Excerpt from The Wall Street Journal -- "We really inherited a world where the United States’ standing was seriously diminished. To me, the thing that she did most effectively was to lead the administration’s efforts to restore U.S. leadership. And that continues to be an important part of her legacy."

Excerpt from The New York Times -- "'A lot of commerce begins with Google and has for the last decade,' said Arun Sundararajan, a professor at the New York University Stern School of Business. 'They have converted this into an incredibly profitable advertising business. But I’ve seen them make steps to get closer to the actual retail process.'"

Excerpt from TIME -- "The fight against al-Shabab in East Africa is a regional effort. With 3,664 people deployed, Kenya provides fewer personnel to the UN-backed African Union Mission in Somalia than Uganda, Ethiopia or Burundi do. Yet it is Kenya that has borne the brunt of al-Shabab’s attacks outside Somalia. Since 2012, the group has killed over 600 people in Kenya."

Excerpt from Bloomberg -- "The expert group on infrastructure is comprised of Stijn Van Nieuwerburgh, a professor of finance at New York University’s Leonard N. Stern School of Business, Richard Stanton, a professor of finance and real estate at the Haas School of Business, University of California, Berkeley and Leo de Bever, a former Bank of Canada official and pension fund executive."

On Friday, April 10, Stern's Entrepreneurs Exchange club (EEX) will host "EEX Engage."

Excerpt from Reuters -- "Of the world’s 12 largest banks, only Wells Fargo and Goldman Sachs generated returns above their cost of capital last year, according to an analysis in Financial News by Roy Smith and Brad Hintz, professors at NYU Stern School of Business."

Excerpt from Forbes -- "[Galloway] and his team at NYU Stern have developed an algorithm that looks at more than 800 data points across four dimensions—site, digital marketing, social and mobile—and across 11 geographies. They applied this algorithm against 1,300 brands, thus providing the basis for predicting winners and losers."
 

NYU Stern's Center for Business and Human Rights will host a lecture and Q&A session with Sir Mark Moody-Stuart on the key themes of his book, Responsible Leadership, on April 9.

Excerpt from TV Finland -- "The American economy is very large. Exports and imports have increased as a fraction of the economy, but compared to a typical European country, compared to many emerging markets countries, the American economy is more closed. I don't think that this large depreciation is sufficiently significant for the big American economy to cause a recession."

Excerpt from The Guardian Nigeria -- "By analyzing the product characteristics (short versus long life), customer population (degree of heterogeneity or diverse makeup), and the size of the donor’s budget, Taylor and Xiao found that for long shelf life products, such as ACTs (with a 24 to 36-month life from the factory to expiration), donors should only offer a purchase subsidy. In contrast, if a product has a short shelf life, a sufficiently large donor budget and a diverse customer population, it is optimal to offer a sales subsidy in addition to a purchase subsidy."

Excerpt from Financial Times -- "'You can buy something for half a million, not show a passport and ship it. Plenty of people are using it for laundering,' Mr Roubini, a passionate art collector, told a panel hosted by the FT at Davos in January."

Excerpt from Racked -- "Pure-play e-commerce can scale faster than brick-and-mortar, but then there’s a certain friction. The moment you are on Amazon’s radar, they will begin to look into your category. One of the most impactful ways to market a brand to somebody is to offer them a great in-store experience."

Excerpt from The New York Times -- "Cecchetti & Schoenholtz argue that 'zero matters' in macroeconomics; specifically, both the zero almost-lower bound on interest rates and downward wage rigidity make the case that deflation or for that matter very low inflation is a bad thing."

Excerpt from The Australian -- "The study, by the University of Western Australia’s Raymond da Silva Rosa and Michael Kingsbury and New York University’s David Yermack, found that creep provisions were seldom used to take one shareholder’s interest beyond the 50 per cent mark that delivers majority control. Instead, most creeping acquisitions lifted the shareholder’s stake to between 20 per cent and 30 per cent."

Excerpt from MetroMBA -- "The center‘s research will focus on relationships among recruitment companies based in South Asia and construction firms doing business in the Arabian Gulf. The goal of the project is to better understand the incentives and pressures that exist at different points in the chain that are contributing to violations of migrant workers’ rights. The Center expects to publish a report with findings and recommendations in early 2016."

Excerpt from BadCredit.org -- "Hard-working, bold and full of ideas, these students are ready to tackle the finance industry and shape the U.S. economy in ways we’ve never seen before."

Excerpt from BBC -- "Greece is running out of money. It may have enough money to pay the IMF this week and pay salaries and pensions this week, but there is doubt whether that's possible next week and thereafter...the real question is, what is going to happen once there is no more money coming from outside. The various sources of money inside have been exhausted. Mr. Varoufakis has to explain a credible plan through which Greece is going to meet its obligations."

Excerpt from NPR -- "[With cash] you see the amount. It's written on the bank note...in the absence of actually seeing that amount, you don't have a strong memory trace."

NYU Stern alumnus Edward Gilligan (BS '82), president of American Express, and Thomas Glocer, former CEO of Thomson Reuters, joined a discussion entitled, "The Changing Face of Wall Street: How Technology is Disrupting the Finance Industry,” this April.

Excerpt from OZY -- "'Putting the right information in front of the right people sounds really easy — but it’s really hard to do,' says Prasanna Tambe, professor of information, operations and management sciences at NYU’s Stern School of Business. Which explains why Frei and Mader’s firm, the Seattle-based Smartsheet, founded a decade ago, is suddenly having its moment, slap-bang in the middle of the business world’s productivity zeitgeist."

Excerpt from The New York Post -- "'The weak jobs report this morning was surprising — even if in line with some other weaker economic data published as of late and the reality that a stronger dollar is hurting exports,' said New York University economics professor Joe Foudy."

Excerpt from The Guardian -- "High-end experiences, Alter points out, are increasingly devoid of choice: just as at the dawn of the automotive era, Henry Ford dictated that Americans could drive any color of black Model T, at the fanciest restaurants in New York, people pay extravagant sums to eat tasting menus dictated by top chefs. 'You want the producer to make some of these decisions for you,' Alter says. Luxury is found in limitations. 'There’s something comforting in knowing that for a very high-end product that it’s going to be curated for you by an expert,' Alter says. 'I would never let anyone curate a $5 meal for me.'"

The MBA Media & Entertainment Conference (MEC) is a joint effort of students in the MBA programs at Columbia Business School, NYU Stern, Wharton, MIT Sloan, and Duke Fuqua. The conference is an annual event for MBA students exploring careers in media, entertainment, and technology-related industries.

Excerpt from Fox Business -- "Well, they are receiving only enough money to make sure they're not going to default in the short run, but there is not yet an agreement between Greece and the troika. And if an agreement has not been reached in the next few weeks, you could have a Greek accident... I think the risk of a Greek accident is still large because the two sides are negotiating, but they are very, very far apart."

Excerpt from TIME -- "It’s clear that Obama and Netanyahu don’t trust or like each other. But the widening divide between these countries can’t be reduced to a personality conflict between leaders. Differences in the interests and worldviews of the two governments are becoming more important."