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  • WPRI logo eyewitness news
    Excerpt from Eyewitness News -- "Marketing professor Michelle Greenwald said Americans are beginning to become more aware of their health, looking for natural foods without artificial ingredients. She said customers are even willing to pay more for healthier products. 'Getting back to more natural ingredients,' she said. 'It’s a quality of life issue that’s kind of an affordable indulgence.'"
  • harvard business review logo feature
    Excerpt from Harvard Business Review -- "Work by Max Bazerman and Dolly Chugh on the concept of 'bounded awareness' has identified two common decision-making errors related to managers’ use of information. First, managers often overlook information that could improve their decision-making....Second, managers often allow information that is irrelevant to the decision at hand to influence their choice."
  • los angeles times logo feature
    Excerpt from Los Angeles Times -- “'They see this as a necessary step to maintain the attractiveness of Bangladesh as a source country, particularly for the U.S. and European markets that are strategically important to the industry,' said Sarah Labowitz, co-director of the Center for Business and Human Rights at New York University’s Stern School of Business. 'The brands need Bangladesh too, because no other country can compete on volume and cost,' Labowitz said. 'So we are at a moment where dramatic change is possible because it’s in the interests of both Bangladesh and international companies.'"
  • marketplace radio logo feature
    Excerpt from Marketplace -- "'It’s unlikely that any of these folks will end up in retail or merchandising,' says Scott Galloway, a clinical professor of marketing at NYU's Leonard N. Stern School of Business, of the candidates offerings, regardless of party affiliation. 'These aren’t what I’d call an inspiring product mix.'"
  • npr logo feature
    Excerpt from NPR -- "We're democratizing access to a higher standard of living, in some sense. ... I think that's how a lot of people first felt when they started using Uber... black car on demand... and now it's sort of extended to a whole slew of other slices of our lives."
  • OZY logo
    Excerpt from OZY -- "They studied how public information about employees’ performance affected a company. And often, it affected teams poorly...What Blader and company looked at in particular, though, was whether employees fared better if they had heard about only their own performances or if they’d heard about themselves in relation to others. 'There’s an assumption that if we drive competition, we automatically elevate a group’s performance,' Blader says. Turns out that’s true only sometimes...Moral of the story: Dial down on nailing the data theses to the door if you work in 'a context where people build tight bonds with one another,' Blader says."
  • forbes logo feature
    Excerpt from Forbes -- "The new IMF study quantifies the direct cost to U.S. economic growth of an oversized financial sector: 2% of GDP per year. In other words, if the financial sector were the proper size, the U.S. economy would be enjoying a normal economic recovery of 3% to 4% per year instead of the dismal 1% to 2% of the last few years. The IMF study builds on earlier important work, including studies by Thomas Philippon at New York University..."
  • project syndicate logo feature
    Excerpt from Project Syndicate -- "This combination of macro liquidity and market illiquidity is a time bomb. So far, it has led only to volatile flash crashes and sudden changes in bond yields and stock prices. But, over time, the longer central banks create liquidity to suppress short-run volatility, the more they will feed price bubbles in equity, bond, and other asset markets. As more investors pile into overvalued, increasingly illiquid assets – such as bonds – the risk of a long-term crash increases. This is the paradoxical result of the policy response to the financial crisis. Macro liquidity is feeding booms and bubbles; but market illiquidity will eventually trigger a bust and collapse."
  • The Wall Street Journal
    Excerpt from The Wall Street Journal -- "Martin Gruber, an emeritus professor of finance at NYU and a co-author of the study, says that investors should take note if one of those underlying funds is new or has relatively high fees.“The burden of proof,” Mr. Gruber says, “should be on the target-date fund why those funds are in there.”
  • financial news logo feature
    Excerpt from Financial News -- "The rebound in trading revenues should not tempt banks that have decided to retreat from the area to reconsider that choice. The giants of fixed income, currency and commodities that profited so handsomely in the quarter from their constancy to trading, still face long-term performance issues in the post-crisis market-making business."
  • reuters logo feature
    Excerpt from Reuters -- "Aswath Damodaran, a valuation expert at New York University, says the auto industry qualifies as a 'bad business.' ... Not only is the industry globally not generating a return on invested capital equal to its cost of capital, which Damodaran calculates at 7.53 percent in 2015, but has only done so once in the past 10 years. There are, according to Damodaran, four main strategies for bad businesses: sell up; starve it and take cash out; close your eyes and hum; or, finally, restructure aggressively."
  • bloomberg logo new
    Excerpt from Bloomberg -- "You're talking about media plans that take years to plan. ... Also, I think a lot of different sports agencies are looking at the brands, how they're going to respond. So I think it'll be a measured, slow unwinding. But I do think they're going to withdraw from this."
  • new york post logo feature
    Excerpt from The New York Post -- "'Wall Street has changed,' Viral Acharya, a finance professor at New York University, told The Post. 'The incentives, and the ability, to leverage through the regulatory cracks, that ability has been shrunk dramatically, however imperfect Dodd-Frank might be.'"
  • wall street journal logo feature
    Excerpt from The Wall Street Journal -- "Nouriel Roubini, an economist and a professor at New York University, told the gathering that central banks have no choice but to pursue this loose policy, although it will certainly eventually lead to bubbles, because a fast tightening of monetary policy isn’t an option either, said the official."
  • Vice logo
    Excerpt from VICE -- "Anindya Ghose, co-author of that study, believes that online dating apps have had a similar effect. 'Basically what the Internet does is makes it a lot easier to find a casual partner,' he told VICE News. 'Without the internet you'd have to put effort into casual relationships, chatting with someone at the bar or hanging out in places, but these platforms make it a lot more convenient and easy. That's essentially what the primary driver is.'"
  • cbs logo feature
    Excerpt from CBS News -- "In its first year, Casper made more than $30 million in sales in the U.S. and Canada. 'The fact that they have so much word of mouth going is remarkable,' Williams said. 'But that word of mouth was generated by the ingenious design.'"
  • bigthink logo feature
    Excerpt from Big Think -- "I think American foreign policy is in the critical state that it is in part because the Americans are less interested in playing the role that we have historically. Some of that is 3 trillion dollars in wars in Iraq and Afghanistan that were seen to be very, very badly managed. Part of it is an energy revolution and a food revolution that means that ... we don't depend economically on other parts of the world, unstable parts of the world the way we used to. A part of it is the United States with... tools of power, like cyber surveillance, drones, the weaponization of finance... All of those policies don't require a lot of coordination with allies."
  • marketwatch logo feature
    Excerpt from Marketwatch -- "The Greek government has made a number of unsuccessful attempts to get the U.S. to intervene on its behalf with the eurozone, said Nicholas Economides, an economics professor at NYU Stern School of Business. But he said he did not 'expect the U.S. to put a lot on the line for Greece in the G-7 meeting.'"
  • forbes logo feature
    Excerpt from Forbes -- "They find that, keeping company size and industry constant, private U.S. companies invest nearly twice as much as those listed on the stock market: 6.8% of total assets versus just 3.7 %."
  • scitechnow
    Excerpt from SciTech Now -- "We see movement to bring some of these jobs back to the US. I think one of the reasons for that is because the nature, the lifecycle of software is changing. We see a lot more rapid software development. We see a lot more development organized around, intended to answer quickly, consumer feedback and user feedback. As a result, you don't have so much of the sequential nature of development and testing. It's much more iterative. And so, this is opening up a gap in the marketplace where a lot of the headaches that are traditionally associated with going off-shore can maybe be solved and done in a more efficient way by having some of these jobs on-shore."
  • forbes india logo
    Excerpt from Forbes India -- "[Lev] was one of the first to credibly point out the limitations of traditional accounting-based financial analysis in capturing a) the true risk profile of [a] company and b) value creation possibilities. He believes that traditional financial analysis captures maybe 15 to 20 per cent of the reality—and I agree."
  • fortune logo feature
    Excerpt from Fortune -- "We found that all of the job losses associated with falling house prices during the Great Recession are concentrated among establishments of companies that increased their leverage during the go-go years. Put another way: Employees who had the bad luck of living in towns with a relatively high concentration of debt-laden companies were more likely to get laid off than people who lived elsewhere."
  • new york times logo feature
    Excerpt from The New York Times -- "Between 2009 and 2011, a group of economists at New York University’s Stern School of Business published an influential series of reports and books that sought to explain what, exactly, happened during the financial crisis. ... For the report’s principal authors, Matthew Richardson and Viral Acharya, the evidence of this shift came from careful study of the various ways that banks have legally evaded regulation of their capital requirements.A fundamental tenet of bank regulation is that banks shouldn’t borrow too much, because being overleveraged makes them vulnerable to collapse."
  • bloomberg logo
    Excerpt from Bloomberg -- "'It’s really about how Goldman is reacting to the tidal wave of litigation that now seems to be part of the ongoing government toolkit for regulating banks,' said Roy Smith, a professor of finance at New York University’s Stern School of Business and a former Goldman Sachs partner. 'It can help to have some people who know how government prosecutors and investigators think, some guy who has the mindset of an alligator.'"
  • san francisco chronicle logo feature
    Excerpt from San Francisco Chronicle -- "The survey results 'underscore that schedule flexibility and work-life balance will be critical for the workforce of the future,' said NYU business professor Arun Sundararajan, who studies the on-demand economy. He thinks that about half of workers will be free-lancers over the next decade, either exclusively or for supplemental income."


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
Email: paffairs@stern.nyu.edu

Or contact us directly:

Jessica Neville, Executive Director
(416) 516-7677; jneville@stern.nyu.edu

Rika Nazem, Director
(212) 998-0678; rnazem@stern.nyu.edu

Carolyn Ritter, Senior Associate Director
(212) 998-0624; critter@stern.nyu.edu

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