Experience Stern | News & Events

Excerpt from CNNMoney -- "'Almost every industry in the United States has become more concentrated over time. That's for sure,' said Thomas Philippon, professor of finance at New York University. 'All this consolidation has led to less competition, and higher costs for consumers.'"

Excerpt from Inc. -- "'The move to build a new headquarters [has] significant implications for the local economy of whatever city it winds up picking,' explains Ari Ginsberg, a professor of entrepreneurship and management at New York University's Stern School of Business, who researches business expansion."

Excerpt from Quartz -- "Once viewers learn that videos can be computer generated, this technology could essentially undermine the credibility of all audio and video recordings. This may lead viewers to conclude that anything they read, hear, or see online could be fake. Ultimately, this lack of trust in facts could further erode democracy. 'It’s hard not to see a dystopian future,' says Webb. 'We all need to slow down for five minutes and think this through.'"

Excerpt from the Harvard Business Review -- "We’ve seen a sea change in the last 10 years around company and NGO engagement — it’s far more cooperative. I think the elements of a successful partnership are: first, that both parties have aligned goals, expectations, and parameters; second, they design a way to have a common language that respects their different perspectives; and third, the company invests the time and resources required to make the relationship productive, including a dedicated and empowered corporate point person for the NGO. The result will be innovation."

Excerpt from Bloomberg -- "'Machines will be doing more of the grunt work of discovering opportunities,' said Vasant Dhar, who 20 years ago founded one of the first machine-learning hedge funds, the $350 million Adaptive Quant Trading program at SCT Capital Management. 'They can generate hypotheses, test them, and then tell humans, "This is interesting, go dig deeper." As machines add more value, it changes the nature of work humans do.'"

Excerpt from the Associated Press -- "My sense is that consumers won't benefit all that much from this deal and if anything there will be less choice in the market for consumers looking to purchase both medical coverage and pharmaceutical coverage because once you have both, as CVS will have now, there may be the ability for them to exert power over those corporations with which they are negotiating both pharmacy and medical packages."
 

Excerpt from Bloomberg -- "We now have an Amazon singularity in the markets where all consumer stocks are moving corresponding to what Amazon is or isn't doing. I think one of the components of robust markets is that no one company has too much control..."

Excerpt from CT Post -- "'The patient is sort of caught in this vice,' said Robert Lamb, a professor of finance and management at the Stern School of Business at New York University, who studies mergers. 'The specific arrangement that the two organizations have with each other means that you don’t have, one, freedom of choice but two, they’ve already made an agreement that there will not be outsiders, there cannot be outsiders. … That’s the problem.'"

Excerpt from AM New York -- "'They don’t have the money that [ISPs] will demand,' Nicholas Economides, a professor of economics at the NYU Stern School of Business said. 'Killing net neutrality automatically puts them at a disadvantage.'"

Excerpt from the Stamford Advocate -- "'We’re looking at the end of the cash era, and that means everyone in the payments stack is looking to position themselves,' said Kathleen DeRose, a clinical associate professor of finance in New York University’s business school. 'From Synchrony’s perspective, they benefit from economies of scale.'"

Excerpt from Carolina Alumni Review -- "Somehow, we've forgotten that trade, capital flows and immigration are the keys to driving greater shared prosperity -- whether you're in Akron, Ohio, or Accra, Ghana. We need more of those things, not less. I want to get back to advocating for that, and I feel like the best way for me to do that is through my research and teaching -- engaging with students, scholars and even the broader public. Thanks to technology, the classroom's now the world, and the possibilities are endless."

Excerpt from the Des Moines Register -- "'I think they basically flew under the radar,' said Craig, NYU's Catherine and Peter Kellner Professor of Entrepreneurship and Arts and Media Management. 'If you ask people who publishes Better Homes and Gardens, they would say, "I don’t know."' He expects that all to change now that the Des Moines-based Meredith has acquired industry giant Time Inc. 'I d­­­o think this catapults Meredith to the front of the line,' Craig said."

Excerpt from Marketplace -- "I think people who own these things have a certain appetite for risk...What you're talking about with digital currencies is much more idiosyncratic risk which is unique to the asset but not tied to the overall economy."

Excerpt from NY1 -- "Most of these companies have policies in place and if it gets that outrageous that they have to fire people in 24 hours, then I have to question whether those policies are working. ... Companies need to start rebuilding trust with their workforce and if they have a policy in place and someone's complaining, they're supposed to do an investigation, they're supposed to get back to the person who's accusing and they're supposed to get back to the person who's been accused."

Excerpt from CFO -- "Companies’ share prices plummet when they file Form NT ('non-timely'), despite stated expectations to meet their deadlines, according to a paper published by professors Eli Bartov of New York University and Yaniv Konchitchki of the University of California at Berkeley in the December issue of the American Accounting Association’s journal Accounting Horizons."

Excerpt from Quartz -- "He believes that payments from content companies to internet providers would end up in the pockets of the internet provider’s stockholders, and not be passed on consumers. 'Right now we don’t see companies like Microsoft, Google and Amazon coming to AT&T begging for prioritization,' Economides told Quartz. He said that instead, we see AT&T coming out and saying we want a new revenue stream."

Excerpt from CityLab -- "Find the universities that are gaining the most traction in engineering or STEM and you’re going to find an ecosystem that can produce a unicorn. My money would be on St. Louis, because of Washington University, which is starting to attract the finest human capital in the nation. Whoever gets the smartest 18-year-olds, 10 years later, they get a unicorn. Pittsburgh is also a great candidate because of Carnegie Mellon. You know how they say 'follow the money'? I say follow the university rankings, specifically for engineering schools."

Excerpt from the Financial Times -- "Prof Yermack at NYU Stern says blockchain technology 'is really changing every industry'. Describing its potential as 'probably as important as the introduction of double-entry bookkeeping', he says there is 'enormous student interest for this, for the jobs it offers'."

Excerpt from the Australian Financial Review -- "'Bitcoin is by consensus the most secure computer network ever developed,' says Professor David L. Yermack, chairman of the finance department at New York University's Stern School of Business. 'Many financial institutions have recognised that blockchains are potential conduits for many assets, including digital currency, shares of stock, real estate titles, and the like. Rather than constructing a blockchain from scratch, one might use an existing blockchain as the infrastructure upon which new markets can be layered.'"

Excerpt from the Financial Times -- "Scott Galloway, a professor of marketing at New York University and the author of The Four, a book about Amazon, Apple, Facebook and Google, says the Honest Ads Act is simply 'window dressing' to make the Senate look like it is doing something. He points out that regulators have failed to shake up Facebook, which benefits from a large cash pile and earnings momentum that is unlikely to be lost any time soon."

Excerpt from CNNMoney -- "Businesses in hurricane-prone zones could also see their premiums go up, White warned. 'Insurance is all about the insurer’s perception of forward-looking risk,' said White. If a hurricane like Harvey makes insurers believe that Houston is more likely to be hit again, 'then for sure someone’s premiums are going to go up.'"

Excerpt from US News & World Report -- "'Even if they're not using credit card information, [imitating a popular app] makes the app a suitable publisher for viewing different kinds of display ads or banner ads,' explains Anindya Ghose, the Heinz Riehl chair professor of business at New York University's Leonard N. Stern School of Business."
 

Excerpt from the San Francisco Chronicle -- "'We’ve already got very well-developed curricula to prepare people for full-time jobs,' he said. 'But the science of education to transition to something other than being a full-time employee is more nascent. The true promise here is laying the foundation for a much broader audience for this kind of education.'"

Excerpt from NBC News -- "The study entitled 'Enhancing Transparency and Control When Drawing Data-Driven Inferences About Individuals,' is a joint research material by Daizhuo Chen from Columbia Business School, Northeastern University's Samuel Fraiberger, Robert Moakler and Foster Provost from Stern School of Business, New York University."