Experience Stern | News & Events

Excerpt from Forbes -- "Great pastry chefs and chocolatiers employ a variety of skills in tandem: artistry and technique, a sophisticated sense of aesthetics, chemistry, physics, experimentation, graphic design, retail presentation, package design, and a love for analogies. In recent years the best have also become adept at social media, photography and videography (since everyone loves gorgeous food images), marketing, and thoughtful timing of new item introductions that keeps fans interested in seeing the latest: akin to the practices of successful fashion and cosmetics brands."

Excerpt from The Washington Post -- "'If there was one defect of his leadership of the Chase, it’s that he had so many other strong interests that he couldn’t focus all his attention on the bank,' said New York University financial historian Richard Sylla."

Excerpt from Psychology Today -- "Non-cash aspects of the offer may be more negotiable than salary, so rather than asking for more cash, you might couch the request broadly: 'Are there ways you could improve the offered package? I’m flexible as long as we find a way to help me better provide for my family.' That can be potent because a survey found that HR people typically are given little latitude on salary and more around vacation, start date, and some benefits. So you might, for example, request a training budget--that benefits both the employer and you."

Excerpt from JoongAng -- "The boundaries between commercial and personal will change fluidly. My home sometimes becomes a hotel, and my kitchen sometimes becomes a restaurant. We need to fundamentally rethink the current policy concept of the government that distinguishes between commercial and personal."

Excerpt from Bloomberg -- "'The Greek recovery is once more significantly delayed by politics,' said Nicholas Economides, a professor of economics at New York University’s Stern School of Business. 'Tsipras will blink at some point in time, the question is when.'"

Excerpt from The Wall Street Journal -- "If ever there was going to be a good year for CEO pay, it was going to be 2016,” said David Yermack, a finance professor at New York University’s Stern School of Business who studies executive pay. ... Mr. Yermack said regular shareholder votes on executive pay have forced boards 'to do their homework' in better tying top-boss pay packages to performance."

Excerpt from CNBC -- "'[Markets] are overestimating the positives of the US-Trump policies. Infrastructure, stimulus, deregulation, tax cuts: I think Trump will achieve much less on those dimensions,' he said. 'And they're underestimating the risk that the U.S. protectionist policies are going to lead to trade wars, that the restrictions on immigration are going to slow down labor supply, and that micromanaging the corporate sector is going to be negative.'"

Excerpt from CGTN -- "I don't think poverty is that bad in Germany, by international standards they are close to the average of the European Union. So they are not in a desperate situation but definitely they can do better. I think the welcomed news here is that growth is going well in Germany. This was a danger because Germany didn't do a stimulus package like the United States for the recession that just preceded us."

Excerpt from Bloomberg -- "Dodd-Frank is very inefficient in some ways. But the Choice Act, which is the proposed replacement for Dodd-Frank, would actually make the system less safe. So if I had to choose, even if I don't like the inefficiency, I'd prefer safety."

Excerpt from Business Day -- "A frequently used metric is the SRISK, a measure of systemic risk used by Nobel laureate Robert Engle and his associates from the New York University’s Stern School of Business. At the firm level, SRISK is the expected capital shortfall — the amount it would cost to bail out the institution to maintain stability in the markets — that is associated with the collapse of the institution under stressed market conditions. This measure is a function of the size of the firm; the extent to which debt is used to finance activity. Equity losses would be expected to be incurred in the long term when the system is under distress."

Excerpt from Bloomberg -- "The European Union just reaffirmed its commitment not only to globalization, but to the multilateral approach. I think it's multilateralism vs. bilateralism that's going to be the area of possible disagreement."

Excerpt from The Guardian -- "'It’s been happening for a couple of years. It’s not as easy to raise capital and VCs are demanding better terms,' added Aswath Damodaran, a professor of finance at the Stern School of Business."

Excerpt from Quartz -- "'I’d imagine that the feature "I am re-purposing an under-utilised asset to make a little extra money" is more prevalent in the US and Western Europe than it is in South America or Asia. Part of this has to do with the fact that the labour arbitrage opportunity in Asia and South America is less,' Sundararajan, author of The Sharing Economy: The End of Employment and the Rise of Crowd-Based Capitalism, said."

Excerpt from Marketplace -- "... They've got some blemishes. They may have delayed repayment in the past."

Excerpt from Bloomberg -- "'Social measurement must evaluate what is most meaningful, not what is most convenient,' Casey O’Connor, co-author of the report and Sani Fellow at the Center for Business and Human Rights, wrote in an e-mail response to questions March 15."

Excerpt from The New York Times -- "To the average person, this raw material is undetectable noise. But for organizations that know how to identify signals, there’s immense value in refining what has become an unlimited supply."

Excerpt from The Outline -- "'How do you really control these systems that you don’t really fully understand?' Dhar said. 'One of the consequences of this change that has occurred in AI is that you now have a machine that has learned how to learn, which historically has been the purview of human beings. The machines can now learn stuff autonomously, and you have no idea whether it’s learning desirable things or undesirable things.'"

Excerpt from The Guardian -- "'Environmental stewardship and sustainability are going to be big issues of contention,' said Irv Schenkler, clinical professor of management communication at New York University’s Stern School of Business. 'Many large corporations have committed themselves to alternative energy, but the outlook is that the new administration is going to take a very different tack in this regard.'"

Excerpt from Thomson Reuters Accelus -- "'In the end, one has to evaluate the CHOICE Act by asking whether the future of the financial system would be safe and more stable under it or with Dodd-Frank -- even in its current form,' said Professor Kermit Schoenholtz, one of the editors. 'We think the CHOICE Act would increase the riskiness of our financial system.'"

Excerpt from Marketplace -- "I think that this will hit Uber drivers hard, because as you know if you've been in an Uber in London, New York or LA, significant fractions of these drivers are recent immigrants, who may be challenged by an English-language writing test ... In many ways this is one of the professions where a complete absence of communication between the service provider and the service receiver is theoretically possible."

Excerpt from Seeking Alpha -- "Even the S&P 500, which is weighted by market value and is not rebalanced, undergoes 20 to 25 changes in an average year as companies are added to and removed from the index, according to a study by Jeffrey Wurgler, a professor at NYU Stern School of Business."

Excerpt from Bloomberg -- "We are seeing wage inflation begin to pick up. We're seeing actual inflation rise a bit. I think that's why the Fed is going to be tightening because they're now confident that inflation will rise to their target."

Excerpt from CNNMoney -- "Trump has already argued that Dodd-Frank is holding back the American economy, even though data show that business lending and bank profits have never been higher. 'You can't get deregulation done unless you've got people in place. You can't just wipe regulations off the books. You need to do that in a formal fashion,' said NYU Stern professor Lawrence White."

Excerpt from EBS Korea -- "'Failure is definitely an important part of it. Otherwise, you don't learn. But, as far as the motivation behind doing this project, it is not the money.' - Rahul Kumar (BS '13) '...Everybody who enters the competition... is not going to go on after the competition and start a business. But that's OK, because, more importantly, we're looking for people who are innovators, they understand the process of vetting ideas, and just going forth and just being more comfortable creatively.' - Professor Cynthia Franklin"
 

Excerpt from NPR -- "'Ten years ago, before the iPad and iPhone were mainstream, the average person had an attention span of about 12 seconds,' Alter tells Fresh Air's Dave Davies. Now, he says, 'research suggests that there's been a drop from 12 to eight seconds ... shorter than the attention of the average goldfish, which is nine seconds.'"