Experience Stern | News & Events

Excerpt from Quartz -- "'If any action is taken it would be a major blow to TikTok’s growth because of the 188 million new users that it gained last quarter, the largest growth came from India, which had 88.6 million new users,' said Anindya Ghose, the Heinz Riehl professor of business at New York University’s Stern School."

Excerpt from Bloomberg -- "'The idea is to make sponsors/underwriters more conservative in promoting IPOs that seem hot, with "skin in the game,"'" he said by email. 'Chinese sponsors may be willing to take on this risk for various local reasons. Foreign banks, maybe not.'"

Excerpt from The New York Times -- "The Century Plaza Hotel in Los Angeles, the Resorts World Las Vegas and the Wharf in Washington are among the many projects that have raked in hundreds of millions in cash-for-visas financing. ... According to New York University’s Stern Center for Real Estate Finance Research, no proposal for a fix in Congress has reached a vote in committee."

Excerpt from Bloomberg -- "The Writers Guild has a simple point of view, and the Writers Guild says that there's one legitimate way for a writer to be paid—for an agent to be paid—and that would be [that] he'd be paid by the client. They think that there's something unethical and perhaps illegal about being paid—about the agent being paid—from the production activity. So that's where it really begins."

Excerpt from Hindustan Times -- "In his book, Order Without Design, Alain Bertaud also notes that worker productivity starts to wane beyond 20 minutes of travel time to workplaces and disappears beyond 60 minutes of it."

On Tuesday, April 16, NYU Stern’s Business and Society Program (BSP) hosted the 2019 Ashok C. Sani Distinguished Scholar-In-Residence Lecture, delivered by filmmaker M. Night Shyamalan (TSOA '92). A packed audience of NYU students, alumni and guests from the family of alumnus Ashok C. Sani (BS ’74) gathered at NYU’s Skirball Center for the Performing Arts for the talk entitled, “The Struggle to Find Your Voice.”

Excerpt from Knowledge@Wharton -- "I've got to say that I have not been bullish on most of the companies that are going with their direct to consumer plays in the last few years, but I think that if there's one company that can pull it off it's Disney. And I think that that really boils down to one word and that word is content... There's no other company with that breadth and depth of assets."

Excerpt from Le Monde -- (translated from French using Google Translate) "The French economist explains, in a book to be published in September in the United States, The Great Reversal, 'how America abandoned the free markets' and cartelized its economy."

Excerpt from CNBC -- "'The market is a pricing game and not a value game,' Damodaran told CNBC in a phone interview. 'When you have young companies like these it’s all mood and momentum driving prices.'"

On Monday, April 15, NYU Stern's Fubon Center for Technology, Business and Innovation will host a talk on “Machine Learning, Ethics, and Fairness” by Dr. Solon Barocas.  A fireside chat featuring Dr. Barocas in conversation with NYU Stern Professor Foster Provost, the Director of the Fubon Data Analytics and AI Initiative, will follow.

Excerpt from CNBC -- "'I believe Amazon has made the connection between likability and immunity from regulation,' said NYU business professor Scott Galloway, author of 'The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google.'"

Excerpt from Financial Times -- "'Facebook has taken so much oxygen that everyone else is having trouble breathing,' says Aswath Damodaran, finance professor at New York University. 'Snapchat is still attuned to a certain young demographic — it was the first video social media company. But it now needs to . . . find its niche and survive.'"

Excerpt from Stamford Advocate-- "'What we’re seeing in Connecticut is the continued process of UBS pulling back on its ambitions of having a large footprint in the United States,' said Lawrence J. White, a professor of economics at New York University. 'I think they’re going to continue to want to have a presence in the U.S.; for a large international bank, they can’t not be in the United States.'"

Excerpt from CGTN -- "I think the partnership is significant more from the point of view of investment, and especially for Greece it's especially important from the point of view of investment. Because of the economic crisis, Greece needs, relatively quickly, within the next year, another $100 billion or Euros of investment. So, to the extent that China can offer that, Greece would be very grateful."

On April 12, 2019, NYU Stern's Executive MBA Program and NYU Washington DC hosted a Stern EMBA Speaker Series event at NYU’s downtown DC location featuring EMBA alumnus Charlie Reinhard (MBA ‘94), Head - NAM Investment Strategy at Citi Private Bank.

Excerpt from The Economist -- "Differences in cultural, political and economic institutions between countries can create impediments to or encourage globalisation, explains Robert Salomon, professor of management and organisations at NYU’s Stern School of Business and author of 'Global Vision: How Companies Can Overcome the Pitfalls of Globalization.'"

Excerpt from Die Presse -- (translated from German using Google Translate) "'When you do a poll, the majority will always estimate the interconnectedness of the world more than it really is. Whether it's international investment or trade, people have an exaggerated notion of globalization.' Ghemawat is co-author of the 'DHL Global Connectedness Index', which is published every two years."

Excerpt from The Wrap -- "'The power of Netflix is there are few places you can go to say, "I want my film or documentary or show to be global immediately,"' Hardart said. 'Beyoncé can say, "I want my new documentary to reach the world," and 140 million people will see it this week, boom.'"

Excerpt from Financial Times -- "This week’s proposals could have an impact on attitudes far beyond Britain’s shores, warns Michael Posner, professor of ethics and finance at NYU’s Stern School of Business and a former Obama administration official. 'I think it will lead to each government deciding what is illegitimate or not,' he says. 'And you end up with what Iranians have called the ‘halal internet’ — where [each country] decides what is kosher or not.'"

Excerpt from Mansion Global -- "A really savvy homebuyer with cash on hand—and energy to spare on some serious strategizing—might take advantage of the current rates and embark on what’s known in the finance industry as 'leveraging,' or a way of using borrowed money to build potential returns from an investment over time, said Harry Chernoff, a clinical professor at New York University’s Stern School of Business and a long-time real estate developer."

Excerpt from CityLab -- "'The use of EB-5 capital to fund mega-projects like [Hudson Yards] absorbs a significant portion of the limited annual quota of EB-5 visas,' Friedland says."

Excerpt from MetroMBA -- "Speakers addressed the standards by which organizations can improve their approaches to these issues, and also the outcomes when business leaders do not take them into account. The panel included Stern Professor of Ethics and Finance Michael Posner, Bennett Freeman, Principal author of “Shared Space Under Pressure”; Principal, Bennett Freeman Associates LLC; Deputy Assistant Secretary for Democracy, Human Rights and Labor from 1999-01; and Bobbie Sta. Maria, Director for Labour Rights and Asia, Business & Human Rights Resource Center."

The Four School Conference brings together faculty, students and researchers from Stern, Columbia, Yale and University of Pennsylvania.

Excerpt from Marketplace -- “That’s simply the wrong way to be thinking about capital… They [the banks] had way too little skin in the game and that is what really brought us to the brink of disaster."

Excerpt from Arab News -- "'I do not see another global financial crisis in the next year or so, but eventually there will be a global recession. If and when that occurs is a very open question, but it’s not over the near horizon,' he said."