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Excerpt from Bloomberg -- "'The risk is not that the U.K. has a recession of two-three quarters; the risk is that the U.K. will stagnate at 1 percent growth for the next five years,' Roubini said."

Excerpt from Crain's New York -- "The question of when to talk openly about performance is a complicated one for private companies. Those that disclose might seem more transparent than those that don't, but they also could be engaged in a subtle battle of wits, according to Joshua Ronen, a professor of accounting at NYU's Stern School of Business. 'If I provide my revenue and a competitor doesn't, I'm signaling that I'm better,' he said."

Excerpt from PolitiFact -- "At most, Trump might be able to argue that he has some fiduciary obligations to his employees, suggested Lawrence White, a professor at New York University’s Stern School of Business. That would be arguable 'to the extent that any bankruptcy -- which might have arisen if he had not availed himself of these loss carry-forward/carry-back opportunities -- would have converted them into unsecured claimants for any delayed wages or other benefits,' White said."

Excerpt from BBC -- "I, too, worry about currency manipulation. I worry about chronic imbalances that are going to have to be unwound and I do worry about the international transmission of shocks. The question is whether, if we see certain things that we don't like about the architecture of the global system, do we take steps that basically risk pulling the whole house down?"

Excerpt from Vogue -- "In a 2010 study of Michelle’s economic impact on the fashion industry, David Yermack, of the Stern School of Business at New York University, found that the average value to a company following an appearance of an item worn by the First Lady was $14 million."

Excerpt from The Economist -- "According to number-crunching by Adam Looney of the Treasury Department and Constantine Yannelis of New York University, non-traditional students made up more than half of all new borrowers from the federal government between 2004 and 2014. They accounted for fully 70% of those who defaulted within two years of starting repayments in 2011."

Excerpt from Kitco News -- "Manipulation is not only bad, it is also illegal. Yes, it is often part of the game, a rigged part of the game. For over a decade that I have been developing empirical screens (as in this gold case), in order to assist in detecting this type of rigging. I am a believer in markets, but also know well (given my work across many markets) that they can be and have been abused."

Excerpt from Bloomberg Quint -- "...I am hoping that the RBI and Modi government work out a market friendly solution for this problem rather than saying let’s just kick the can down the road, just like what Japan did in the 1990s, which is what Italy has done in the last 5 years, and I am worried that is what Germany is going to do right now. If we stand out and do the right thing, I think we can push the Indian growth rate above maybe even 10 percent."

Excerpt from The Huffington Post -- "Our present wide-open economy and the current orientation of our major corporations make our nation an excellent target for mercantilist exploitation. Although we like to imagine that we are in a world of free trade, the world that we live in is not like that. It is to a considerable extent, a world of mercantilism---a world in which many foreign governments do whatever it takes to make their industries succeed. Our vulnerability to these tactics can be traced to the doctrine of shareholder primacy, profit as the only corporate goal."
 

Excerpt from Forbes -- "University programs that, with the support of surrounding cities and states, allow foreign entrepreneurs to stay in the U.S. show just how beneficial high-skilled immigration can be. Congress should facilitate growth and job-creation by raising the cap on high-skilled visas. But until it does this, entrepreneur-in-residence programs offer a great way to retain top foreign talent, and create wealth and job opportunities for Americans."

Stern’s Business & Society Program, in partnership with the Aspen Institute Business & Society Program and the Ford Foundation, welcomed TIME Editor Rana Foroohar to discuss her new book, Makers and Takers: The Rise of Finance and the Fall of American Business. The conversation was moderated by Fusion Senior Editor Felix Salmon.

Excerpt from ICAS -- "'Operationally for Apple, this will mean very little,' says Robert Salomon, Associate Professor of Management and Organisations at New York University’s Stern School of Business. 'It won’t change how they do business, sell their products, market their products or how they run their business, but it will change their potential tax liability.'"

Excerpt from Fox Business -- "'Ultimately, the idea of stress tests is to prevent another financial crisis,' said Philipp Schnabl, a professor of finance at NYU's Stern School of Business. 'A safe financial system is important to all investors.'"

Excerpt from Marketplace -- "'That seems like a very attractive return when government bonds give you 1.5 percent,' said Stijn Van Nieuwerburgh, a professor of real estate finance at New York University’s Stern School. He says investors are drawn to the U.S. because of its relatively stable economy and to Detroit for its rock-bottom real-estate prices."

Excerpt from The Wall Street Journal -- "In the end, he doesn’t think it represents an improvement over using conventional PEs to value stocks. 'This is one of the most oversold, overhyped metrics I’ve ever seen,' says Mr. Damodaran."
 

Excerpt from CNN -- "If it's going to be a hard Brexit and a distant Britain from the European Union in the future, that is going to mean very serious costs for Britain, at least in the transition, to be able to renegotiate hundreds of different treaties that the European Union has with other countries around the world."

Excerpt from NY1 -- "'[The SVOne] is for refraction exam only, AKA only for your eyewear prescription. It’s not for eye health, and we very strongly recommend our users to go to the doctor for the eye health part,' says Smart Vision Labs CEO Yaopeng Zhou. 'But if you just want to renew your prescription or you lost your eyeglasses, urgency or something, then this device is the solution.'"

Excerpt from The Chronicle of Philanthropy -- "Fundraisers often suggest gift amounts to help guide donor decision-making. A new study on this practice, known as anchoring, suggests that low anchors may drag down giving more than high ones bring it up. Charities must find a balance when suggesting donation amounts, says Minah Jung, an assistant professor of marketing at New York University and an author of the study."

Excerpt from WIRED -- "'It is well known that Android can be much better optimized than what it is today,' says Ghose. 'By controlling the hardware, Google can dramatically improve the reliability and consistency of the user experience on Android phones.'"

Excerpt from The Mercury News -- "For Google, the Assistant provides snapshots of users’ lives, a richer source of data than what the firm gathers by monitoring people’s Google searches, Dhar said. 'At the end of the day that’s what everyone’s competing for, they’re competing to know everything about you,' Dhar said. 'Facebook’s doing the same thing through a different channel. Facebook is killing it. It’s a space that Google really needs to be in.'"

Excerpt from Bloomberg -- "Grexit is out of the question. I think it’s out of the question for two reasons. First of all, it’s going to be a disaster for Greece. And I think by now, the Europeans also think the same way. So I don’t think it’s going to happen. At the same time, when I look at the Greek government bonds, I still see premiums that show some such probability. But I think that it’s unwarranted. I don’t think that Grexit is in the cards. If I was advising the Greek government, I would tell them exactly what I told you a minute ago: cut the state sector, cut taxation, create the right investment environment, find a way to deal with non-performing loans. There are lots and lots of non-performing loans in Greece, and there has to be some way to securitize them, to find a way so that the banks get rid of them from their books and they can actually give loans to healthy businesses."

 

Excerpt from Institutional Investor -- "IPOs aren't important in their own right; they're a way for companies to raise capital. Now companies can raise capital in alternative ways."

Excerpt from The New York Times -- "Robert Engle, an economist at New York University who was awarded the Nobel Prize for his work on volatility and capital markets, has designed a model that ranks financial institutions in terms of their systemic risk. ... Since September, the bank’s risk, calculated on the basis of its leverage, has increased sharply relative to other comparable institutions, according to the NYU gauge. 'There is just a lot of risk for Deutsche Bank right now,' Mr. Engle said. 'We have been worried about European banks for quite a while.'"
 

Excerpt from Bankrate -- "'The bank is doing its best, but it is not a strong bank, relative to other banks, relative to the environmental and regulatory conditions it faces, so it's not in a great position to withstand a run,' Smith says."