Experience Stern | News & Events

Excerpt from Entrepreneur -- "'What successful companies—for example, Amazon—do is to constantly search for something better for customers,' says Jeffrey A. Carr, a professor of marketing and entrepreneurship at New York University’s Stern School of Business."

Excerpt from the Financial Times -- "'It used to be humans writing the caption for an image,' says Mr Ipeirotis. 'Now computers are writing the caption and humans are checking the caption.'"

Excerpt from MEL -- "...Raghubir doesn’t think checks will ever go entirely extinct. While it’s technically feasible to make all payments electronically and in cash, she says, some people will cling to checks out of pure habit, tradition or ease. Besides, she adds, 'I could not personally imagine going and giving a wedding gift to a friend of mine through a Venmo transfer. I would also feel embarrassed putting cash into an envelope. To me it would be odd.'"

Excerpt from Bloomberg -- "'This will rattle around for a while, the fact that Perella Weinberg gets to be in a highly visible place, riding this elephant into town,' said Roy Smith, a finance professor at New York University’s Stern School of Business. 'At least until the next big deal.'"

Excerpt from the Associated Press -- "'In the short run, business gets damaged, but in the long run there's a lot of opportunity with less aspirational brands that target the middle- and lower-class,' NYU's Galloway said. 'I think the Trump brand effectively dies in a Manhattan, but it thrives in some of the lower income, very red regions.'"

NYU Stern hosted the first installment of the "In Conversation with Mervyn King" series featuring Rachel Maddow, host of the Emmy Award-winning "The Rachel Maddow Show" on MSNBC. Lord King, former Governor of the Bank of England, Baron King of Lothbury, Alan Greenspan Professor of Economics and Professor of Economics and Law at NYU, moderated the one-on-one interview, followed by an open Q&A session.

Professor Pankaj Ghemawat, Director of the Center for the Globalization of Education and Management, will discuss his new book, "The Laws of Globalization and Business Applications."

Excerpt from CMO -- "To withstand disruption, [Marciano] said that a company’s best bet is to “own” a particular market segment. In Wall Street parlance, that means having an economic moat—maintaining competitive advantages to protect long-term profitability and market share."

Excerpt from Bloomberg -- "This feels like a 'bet the ranch' strategy. If Yahoo doesn't work out, it's a rounding error for Verizon and people forget about it. AT&T really is: 'We're betting on content. We're going for something that's very aggressive that has a decent chance of regulator pushback.' This is a game-changing transaction."

Excerpt from Forbes India -- "Aswath Damodaran, professor of finance at Stern School of Business, New York University, sees companies as ‘stories’ and ‘numbers’. Story stocks normally have people at the centre. It is their passion that drives the decisions of the business. For example, Tesla Motors and Amazon became story stocks because these companies are totally entrenched in the personalities of Elon Musk and Jeff Bezos, their respective founders. But number stocks are not people-centric. There, the business environment and economics are at the centre."

Excerpt from MarketWatch -- "Millennials are a 'non linear' generation, says Galloway. 'They want what they want, when they want it. Especially media,' he says. 'They want to consume media on their own terms.' They hate the idea of letting networks or cable companies decide when a movie or sitcom is available. The investment play here? 'Netflix is the brand that embodies this trend,' says Galloway."

Excerpt from NBC News -- "'Any good candidate or nominee for the position, regardless of background, should have a really good understanding of these important functions and the self-confidence not to be bullied or pushed around by others with particular political agendas,' Sylla says."

Excerpt from The New York Times -- "'This is a big problem,' said Nouriel Roubini, an economist at New York University who was recognized for his early warnings about the 2008 crisis. 'There is no way to force those who are oversaving to spend more.'"

Excerpt from The Wall Street Journal -- "Setting banks up in countries around the globe now would have them ready, Mr. Romer said. 'If we get another financial crisis, which I think we probably will, a government like the U.K. or the U.S. would at least have the option to say, "We’ll just dump a bunch of equity into these existing shells."'"

NYU Stern Executive Education is pleased to offer one of the premier courses on global political risk and its impacts on business. Taught by Ian Bremmer, a preeminent thought leader on foreign policy and global political risk, and a team from the prestigious Eurasia Group, this course offers an executive-level assessment of the global risk environment and the basis for determining how politics influences a variety of economic concerns.

Excerpt from Crain's New York -- "'There is a growing consciousness that family businesses are different and should be studied separately,' said Belen Villalonga, who teaches family business management at NYU’s Stern School of Business."

Excerpt from The Boston Globe -- "Joe Magee... found that when subjects role-played President Kennedy in the Cuban Missile Crisis, those who exhibited the most desire to control or impress others for their own benefit were also the most likely to escalate the conflict, and the least likely to deliberate."

Excerpt from The New York Times -- "By buying Time Warner — one of the most prestigious producers of television and film today, with brands including HBO, CNN and Warner Bros. — AT&T will suddenly become Comcast’s closest true rival. 'AT&T is trying to keep up with the Joneses,' said Robert Salomon, a professor at the New York University Stern School of Business."

Excerpt from US News & World Report -- "For the 2015 study 'What Happens Before? A Field Experiment Exploring How Pay and Representation Differentially Shape Bias on the Pathway Into Organizations,' lead author Katherine Milkman of the University of Pennsylvania, along with Modupe Akinola of Columbia University and Dolly Chugh of New York University, contacted more than 6,500 professors from 89 disciplines and 259 institutions with an email that differed only by the signature of the sender. In the email, a prospective doctoral candidate requests a 10-minute meeting with a professor to inquire about research opportunities."

Excerpt from Bloomberg -- "I think of this sort of as the Millennial merger. That is, what do Millennials want? They want content that is so outstanding that it doesn't need to be supported by advertising that they can consume it in a nonlinear fashion. And the distribution is simple: It's on a mobile device. And this merger would bring those two together. I actually like this a lot. I think these two companies together would be a juggernaut."

Excerpt from The New York Times -- "'Moral communities are fragile things, hard to build and easy to destroy,' Jonathan Haidt writes in his book 'The Righteous Mind.' 'When we think about very large communities such as nations, the challenge is extraordinary and the threat of moral entropy is intense.'"

Excerpt from TechCrunch -- "An article by Stephen Cecchetti and Kermit Schoenholtz analyzes the relationship between credit card default rates and unemployment rates. As expected, the article suggests a strong dependency — default rates are expected to increase by 0.55 percent for each 1 percent growth in unemployment."

Excerpt from Pacific Standard -- "I study morality, I identify as a social psychologist. But because I focus on a topic from multiple perspectives, I find that some of the best things I’ve read have been by historians, economists, anthropologists, and philosophers, especially those philosophers who have been reading empirical literature. I think of myself as a social scientist, almost as much as I think of myself as a social psychologist."

Excerpt from CFO -- "'What we are saying is that current financial reports don’t provide a clear guide with respect to the future. And that’s what we set out to change,' says Lev, referring to the book he wrote with Feng Gu, a professor of law and accounting at the University of Buffalo."

Excerpt from USA Today -- "'Until we figure out all the edge cases and train the cars to deal with them, this regulatory path will be slow,' he said. 'Sure, federal regulations will set standards for the brain of the car, but each city, state and local government can dictate what is on its roads. And cultural acceptance comes not just from the experience of the person driving, but the experience of the others on the road. We have to get comfortable not just with being in these cars, but having them around us, on our streets, near our schools.'"