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  • boston globe logo feature
    Excerpt from The Boston Globe -- "'A Ferrari costs 10 times as much as a good car, and 7,000 people make that purchase each year. You can get great speakers for a 100th of $80,000,' [Galloway] said. 'I don’t doubt these are better speakers, but are they 100 times better?'"
  • cnbc logo feature
    Excerpt from CNBC -- "I'll tell you the two ways you can justify investing in Amazon and then I'll tell you why I would not invest in either. The first is to think of it as a trade. You buy at $625, you sell at $650, you're going to make money. And if the momentum in the stock carries it forward, you're going to make money. Forget about value; play it as a pricing game. The other is, there is a story out there that you can actually use to get to $625. It's a plausible story. It's a story where Amazon dominates three different businesses: the retail business, the entertainment business and the cloud-computing business. And you could get to $625. And if that's the reason you're investing in Amazon, then all the more power to you. From my perspective, though, the odds of that story unfolding are low, so as an investor, I'm not that interested in Amazon. I love it as a company, but as an investment, it's not for me."
  • bloomberg logo feat
    Excerpt from Bloomberg -- “'All large European banks are under great pressure from regulatory changes and low stock prices to change their business models,' Roy Smith, a finance professor at New York University’s Stern School of Business, said in an e-mail. 'These changes have to be quite significant to make enough difference.'”
  • xinhua logo feature
    Excerpt from Xinhua -- "'I think in the short term the GDP could get worse, [and] the process of rebalancing could actually be painful, but a short-term pain to make the country healthier and more vibrant in the future,' said Foudy."
  • economist logo feature
    Excerpt from The Economist -- "On October 26th, an op-ed in the Wall Street Journal by Michael Spence and Kevin Warsh, both of Stanford University, argued that the Federal Reserve’s $3 trillion bond-buying programme, which was designed to push down long-term rates and boost corporate borrowing, has actually caused business investment to fall. The authors write that the Fed’s unconventional policies to expand the money supply, known as quantitative easing (QE), have made short-term financial assets like stocks and bonds more appealing as their capital value increases, thereby diverting capital from more productive longer-term investments in the 'real economy'. The result has been low investment growth, weak productivity, and stagnant wages."
  • techday news logo
    Excerpt from TechDay -- "We realized that what’s already out there isn’t what we would want, or what our friends want. Bachelorette parties should be truly unique and special, and reflective of the person getting married. That’s when we realized there’d be a true opportunity here."
  • new york times logo feature
    Excerpt from The New York Times -- "'I think it’s just become wildly overblown because everything gets wildly overblown today,' Professor Winer said. 'The total amount of attention that Starbucks gets and the reaction to it is something that could, in fact, work in their favor.'"
  • – Business and Policy Leader Events

    Billions to Bust and Back: How I Made, Lost and Rebuilt a Fortune

    November 12, 2015
    Billions to Bust and Back feature image
    NYU Stern's Office of Alumni and Development Relations will host Author Thor Björgólfsson (BS '91) in a conversation with Matthew Bishop, US Business Editor of The Economist. 
  • marketplace radio logo feature
    Excerpt from Marketplace -- "'Gold isn't produced fast enough to keep up with the growth of the economy,' said Richard Sylla, professor of economics at New York University."
  • bloomberg logo feat
    Excerpt from Bloomberg -- "I don't think an outfit like Fidelity has any business being in this space, to be quite honest. I don't think they know how to play the pricing game and I think when you get these public company investors in private spaces, you're really asking for trouble."
  • – School News

    Veterans Week at Stern is highlighted

    November 11, 2015
    clear admit logo feature
    Excerpt from Clear Admit -- "This week at NYU Stern, the Military Veterans Club is hosting its inaugural NYU Stern Veterans Week, which will include a 'variety of events for the Stern community such as an MBA veterans Q&A panel where Sternies can ask us about our military experiences, a bootcamp workout session, and a guest speaker event featuring a retired two-star general officer.'"
  • wired logo feature
    Excerpt from WIRED -- "'The moment that they began making their own films they had to recognize that they were without many opportunities to pursue international business,' says Alvin Lieberman, executive director of the Entertainment, Media, and Technology Initiative at NYU’s Stern School of Business. After all, most major film studios now make more money from international markets than the United States, and have adjusted the development process to accommodate that change."
  • bloomberg logo feat
    Excerpt from Bloomberg -- "The first thing I came up with for right now has got to be the refugee crisis in Europe. I mean, we've got some 5 million nearly refugees coming just from Syria. Only 6% made it to Europe thus far. A lot more are coming. The ability of the Europeans to integrate these people is virtually nil. The cultural backlash. The populism that comes in the European capitals as a consequence."
  • Fair Observer logo
    Excerpt from Fair Observer -- "In many ways, the current situation is a classic case of collective action failure. No one stakeholder wants to take initiative unless others also commit to taking the plunge. In the case of the Gulf, the cultural, sports and academic institutions that sponsor some of these projects—often based in developed countries—claim that they have no authority over GCC (Gulf Cooperation Council) policies."
  • new york times logo feature
    Excerpt from The New York Times -- "Jonathan Haidt, a professor of social psychology at N.Y.U., noted in an email that for liberals, 'compassion for those who are suffering is the most crucial virtue.' Conservatives, in contrast, 'believe more in "just deserts" and making criminals pay.'"
  • san francisco chronicle logo feature
    Excerpt from the San Francisco Chronicle -- "'Their narratives are grounded in the truth,' [Sundararajan] said. 'Uber creates a form of work for hundreds of thousands of people. Airbnb’s hundreds of thousands of hosts are leading better lives because they can supplement their income with their Airbnb revenues.' Although they are multibillion-dollar companies, their models 'actually do share a pretty large fraction of the value created (by renting rooms or giving rides) with the people providing the service.'"
  • livemint logo feature
    Excerpt from LiveMint -- "Pankaj Ghemawat (No. 19) is based at New York’s Stern School and IESE Business School in Spain. Nominated for the 2013 Thinkers50 Global Solutions Award for his Global Connectedness Index, Ghemawat was the youngest full professor at Harvard Business School. His 2011 book World 3.0 won the Thinkers50 Book Award."   
  • – Student Club Events

    First Annual Veterans Week

    November 10, 2015
    MVC Veterans Week 2015
    From Tuesday, November 10 to Thursday, November 12, the Military Veterans Club will host events in celebration of its first annual Veterans Week.
  • – Business and Policy Leader Events

    Spotlight on Digital Currency at Stern’s MS in Risk Management Roundtable

    November 9, 2015
    NYU Stern’s MS in Risk Management (MSRM) Program hosted the second Risk Roundtable Series on Monday, November 9, 2015. As the financial services and banking industries see an increase in digital currency transactions, a panel of experts convened at NYU Stern to discuss cryptocurrency, providing students and alumni of the program with an opportunity to delve into this timely topic.
  • investors business daily logo feature
    Excerpt from Investor's Business Daily -- "It has a potential to be a game changer,' said Anindya Ghose, professor at New York University's Stern School of Business. 'I think the rest of the world will look to (the U.S.) to shape the agenda and make the rules.'"
  • les echos logo
    Excerpt from Les Echos -- "For a long time we lived with the idea that the world had become flat and the border had completely disappeared, thanks to globalization. This was never the case! Economic, cultural, administrative and political differences between countries have always existed. Today, the DHL Global Connectedness Index 2014, on which I worked, measures levels of integration between countries, and shows that we are almost back to the state where we were before the crisis, the same 'levels' of globalization. But if we look in detail, it is the flow of people and information that have increased, while the growth in trade and capital transfers, which affect the operation of enterprises, are stagnating."
  • financial news logo feature
    Excerpt from Financial News -- "Getting rid of the troublesome investment banks leaves the parents with much diminished scale and more limited aspirations, but the parents would be able to concentrate on their commercial and retail businesses and have a chance to improve their stock prices considerably, as UBS has done, while greatly easing the minds of their regulators."
  • – Business and Policy Leader Events

    Mindfulness Discussion with Manish Chopra, Partner, McKinsey & Company

    November 9, 2015
    Manish Chopra_feature
    Manish Chopra will lead a discussion on the benefits of mindfulness in business and share how he has personally benefited from mindfulness practice.
  • wall street journal logo feature
    Excert from The Wall Street Journal -- "The ratio can be calculated by dividing operating income—typically defined as earnings before interest and taxes, or EBIT—by its interest expense. ... 'If your coverage ratio is 1, then you have no cushion,' says Dan Gode, accounting professor at the New York University Stern School of Business. Simply: When a company’s operating earnings are equal to its borrowing costs (giving it a coverage ratio of 1.0), there is no margin for error. If the business meets a rough patch and earnings drop, then the company might not be able to pay the interest on its loans. 'If the ratio is north of 3 or 4, then you have some cushion,' Prof. Gode adds."
  • fortune logo feature
    Excerpt from Fortune -- "Focusing on too narrow of an audience reduces its potential as a form of entertainment. Conversely, acknowledging women as part a financially viable part of the total gamer audience forces game companies to innovate their businesses."


Contact NYU Stern Public Affairs

If you're a member of the press, please contact Stern’s Office of Public Affairs at:

Phone: 212-998-0670
Fax: 212-995-4950

Or contact us directly:

Jessica Neville, Executive Director
(416) 516-7677;

Rika Nazem, Executive Director
(212) 998-0678;

Carolyn Ritter, Senior Associate Director
(212) 998-0624;

Follow us on Twitter @NYUStern

STERNbusiness Alumni Magazine


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