Experience Stern | News & Events

Excerpt from Reuters -- "Beyond featuring women, the company appears to be tailoring some of its messages to females, said Alvin Lieberman, a marketing professor at New York University's Stern School of Business. In a four-minute comedy sketch on 'Jimmy Kimmel Live,' Harrison Ford and Chewbacca resolved a purported feud with an endearing, hug-it-out moment. 'That is not what your high-adrenaline, action-oriented male population is looking to see,' Lieberman said of the video, which has been viewed more than 1.1 million times on YouTube. 'It sells the characters.'"

Excerpt from Bloomberg -- "We are expecting a lot of volatility this week, but in fact we saw it last week, I think. In the run up to the Fed's decision, I think a lot of pressures that were already building in the high-yield bond market really came to a head on Friday, and we had a pretty big bloodbath ..."

Fifteen members of the NYU alumni community were among the nominees in nine categories when the Hollywood Foreign Press Association announced its nominations for the 73rd Annual Golden Globe Awards on December 10, 2016. All nominees heralded from the Tisch School of the Arts with the exception of Aziz Ansari, an alumnus of the Stern School of Business.

Excerpt from BusinessBecause -- "'It is not just about cutting direct costs,' says Professor Anindya Ghose, director of NYU Stern’s Center for Business Analytics. 'It is about identifying high-performing employees, predicting their next performance milestone, and carving out their trajectories and rewarding them.'"

Excerpt from Fortune -- "Network neutrality has contributed very significantly to the fast and vigorous growth of the high technology sector in the US while ensuring a level playing field in competition. Hopefully the rules will be upheld by the Court of Appeals."

Excerpt from PBS NewsHour -- "Haidt convened a group of policy people from across the political spectrum to talk about issues of concern to each side, and discovered that one issue everyone really cared about was poverty. The group worked together for more than a year to produce a report, released last week, entitled Opportunity, Responsibility and Security: A Consensus Plan for Reducing Poverty and Restoring the American Dream."

Excerpt from Bloomberg -- "When you did the survey, not only were the results that the ROEs weren't going to meet their cost of capital. But what was surprising was the analysts and the institutional investors believe that the Street has done a very adequate job cutting compensation. So those two don't really tie together, do they? So... you saw a demand among institutional investors for more strategic change."

Excerpt from The Wall Street Journal -- "The companies are targeting $3 billion in cost savings. DuPont said it plans to cut about 10% of its global workforce before the actual merger. 'These three companies will not have more employees than two companies did,' said Mr. Galloway. 'This is going to be a lesson in human resources.'"

Excerpt from City Journal -- "Over any useful timeline, the full integration of a large share of Syrian refugees into second countries like Jordan or third countries like the United States is a nonstarter. The zonal approach is a practical and politically realistic way to offer job opportunities to refugees—Syrian or otherwise. Doing so would enhance the economic prospects of the countries that are home to the world’s refugee camps while strengthening the post-conflict prospects of refugees and their homelands."

Excerpt from OZY -- "Nike ... opted not to renew Curry’s contract when it came up two years ago — right before his title-winning MVP performance. 'You make a decision on an athlete, and then keep your fingers crossed,' says Lieberman. Now, Under Armour has Curry through 2024, with CEO Kevin Plank publicly saying he wants to create a 'billion-dollar basketball business' around the diminunitive point guard. For now, Nike still holds 95 percent of the $5.2 billion basketball shoe market, and Lieberman is skeptical one athlete is enough to shift the balance of power."'

Excerpt from Yahoo -- "The more unusual your name, the more likely you are to see and interact with the world differently. 'It’s a self-fulfilling prophecy that begins with an unusual name and ultimately leads to unconventional or creative thinking,' Adam Alter, a professor of psychology and marketing at New York University who has studied how names can affect the way people are perceived, told Yahoo Parenting earlier this year. All of which is just logical: When you grow up with a name that nobody else around you has, you become used to, and thus less afraid of, deviating from the norm."

NYU Stern's Master of Science in Business Analytics program will host a webinar, "Introduction to Machine Learning for Business Executives," led by Dr. Roy Lowrance, managing director of the NYU Center for Data Science on Thursday, December 10.

Excerpt from The Atlantic -- "... It’s possible that even once new regulations kick in, they won't be as protective as some might hope, which means that businesses still bear some responsibility in caring for workers, says Arun Sundararajan, a professor at NYU’s Stern School of Business. 'We don't have a rich and deep government-provided social-safety net. If we look to the government as the place the social-safety net is going to come from, we'll fall short.'"

Excerpt from Marketplace -- "'Investment is one of the drivers of economic growth,' Sylla said. 'But ever since the financial crisis, companies have been reluctant to make new investments. And that's partly responsible for our slow economic growth.' Sylla said investor pressure is particularly acute for manufacturing firms such as Dow and Dupont; they face global competition, in a way American tech companies don't."

Excerpt from CNBC -- "I think of Yahoo as a very simple company to think about. It's really a holding company. Right now it's like a closed mutual fund with investments in two other companies. I think about the operating assets as just a distraction. It's less than 10% of the value of the company, and that's all Ms. Mayers has been in control of .. over the last four years. So the reality is, I think if you strip it down to basics, you take the operating assets out... it's really two holdings. And it's only taxes that determine what the value of the company should be."

Excerpt from MarketWatch -- "More than 90% of people said they believe it’s better to eat a well-balanced diet than to use diet products in a 2015 survey of 2,000 Internet users by market research company Mintel. ... As a result, there has been a shift from touting the explicit weight-loss benefits of fitness and food products to promoting an overall lifestyle that is sustainable, said Priya Raghubir, the chair of the marketing department at New York University’s Stern School of Business."

Excerpt from Business Standard -- "Aswath Damodaran, professor of corporate finance and valuation at the Stern School of Business at New York University, said, 'I think it is not only dangerous for any young, start-up, and especially with huge growth potential and large losses today to borrow money. By borrowing money, they run the risk of default and in the process, they are putting their growth potential at risk. Why do that?'"

Excerpt from Bloomberg -- "I would say the board has been infected with a severe case of common sense, and when you have an asset that is trading at less than zero, the disposition of that asset is accretive to shareholders. And they recognize that. They're going to sell Yahoo. It's time for this soap opera to end. ... It's going to be good for shareholders. ... It's the right thing to do."

“Digitization offers the prospect of a more competitive, less regulatory music licensing system,” state Thomas Lenard and Lawrence White in “Moving Music Licensing into the Digital Era: More Competition and Less Regulation” released today by the Technology Policy Institute.

As a part of the Conversations on Urbanization series held by the NYU Stern Urbanization Project, Economics Professor Paul Romer, Director of the Urbanization Project and the NYU Marron Institute of Urban Management, spoke with Matthew Kahn, Visiting Professor at USC and author of Blue Skies over Beijing, in a public presentation on December 9. 

Excerpt from MBASchooled -- "There’s nothing more fascinating than sitting in a strategy class and having class discussions with consultants, bankers, techies, marketers, veterans, aspiring doctors, and an untold number of other experts. It really makes you think through business and organizational challenges in a way that you just cannot be exposed to without coming to a place like this."

Excerpt from The Wall Street Journal -- "Norway’s sovereign-wealth fund should be given the leeway to plow more money into real estate and further diversify its portfolio by investing a chunk of its $850 billion in infrastructure, a government-commissioned expert group said Tuesday. The fund, managed by Norway’s central bank and commonly referred to as the oil fund, should be allowed to invest up to 10% of its value in infrastructure and to raise its real-estate portfolio to 10% from a current ceiling of 5%, the group said in a report published Tuesday. The government 'should open up for unlisted infrastructure investment in the management mandate to Norges Bank to take advantage of investment opportunities unavailable in the listed space,' said the group, which was led by Prof. Stijn Van Nieuwerburgh at New York University."

Excerpt from Council on Foreign Relations blog -- "No single actor can underwrite the significant costs of upgrading Bangladesh’s garment sector. Local and international participants should share the costs. Detroit provides a useful model, in which the public-private Blight Removal Taskforce successfully surveyed the city’s problem, developed a blueprint for addressing it, and raised public and private funds to meet the $800 million price tag of clearing blighted structures."

Excerpt from OZY -- "[Economides] believes Greece still has five to 10 years before it can 'convince the world that it is at a stage of recovery.' Meanwhile, having a market for their products is helping them cushion the blow dealt by the economic crisis while fueling Bulgaria’s sputtering economic growth."

Excerpt from Poets & Quants -- "A business degree is incredibly adaptable. It has helped me grow personally and intellectually as much as it prepared me for a career. The skills I learned – such as team management and professional presentation — are transferable to all aspects of my life as well as to any role I take on."