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  • foreign affairs logo feature
    Excerpt from Foreign Affairs -- "... lots of people look at say the Chinese stock market, specially given the huge run up and then the meltdown that's happened over the last year-and-a-half. Now, what's interesting is that between 1990 and 2013, Chinese stock prices were essentially flat while the country was growing rapidly. So this is a little bit of a reminder that we still have very different economic systems, and that stock prices are way less informative in countries like China, where pretty much all stocks tend to move up or down on a given day, than they tend to be in countries with well functioning capital markets, like the United States."
  • HK TV logo feature
    Excerpt from HK TV -- "Well, certainly for China, our national pride. There's certainly pride in having national champions out there operating on a global basis. This is something that provides economic pride. Something that folks in the Chinese economy can look at and say, 'Hey, wow, look, we're a player on the global stage now. We have companies that are operating all throughout the globe." 
  • Big Data logo
    Excerpt from Big Data -- "Google CEO Eric Schmidt gave the opening talk, listing the recent advancements in AI that have enabled capabilities for solving previously intractable problems. He stressed that AI should forge a future that benefits 'the many' instead of 'the few.' Challenges in water purification, synthetic food production, logistics of distribution, and optimal management of supply/demand of energy are some of the areas where our ability to leverage natural flows of data governs our ability to meet our collective needs."
  • christian science monitor
    Excerpt from Christian Science Monitor -- "The 2011 film 'The Adjustment Bureau,' which combined aspects of a thriller and a romance, was marketed using separate trailers aimed at women and at men, write Al Lieberman and Patricia Esgate in their 2011 book 'The Definitive Guide to Entertainment Marketing.' 'The trailers were accurate in their use of footage from the film but simply focused on the action and drama for the male audience and made the romantic scenes more prominent and expansive for the female audience,' they write. 'Neither audience was disappointed because both were satisfied by the story, content, and elements each was seeking.'"
  • bloomberg logo feat
    Excerpt from Bloomberg -- "I think they're really trying to squeeze this turnip as hard as they can, right? Little too big, little too small. But this is basically the iPhone 5 with updated components, and a lot of people like the small phone. So it makes a lot of sense. It's evolutionary, not revolutionary. But they'll get incremental profits and margins because this is arguably the first tech product in history that its margins have expanded as it's matured. People still love the iPhone."
  • wired logo feature
    Excerpt from WIRED -- "'The attitude is if you violate my values, you won’t get to speak,' says Jonathan Haidt, a social psychologist at the New York University Stern School of Business. In fact, Trump has blamed supporters of Democratic presidential candidate Bernie Sanders and the liberal group MoveOn for trouble at the rallies. 'Of course they hate Trump and what he stands for,' Haidt says. 'But what gives them the right to disrupt, interrupt and shut down a political event? If they do that at a Trump rally, are they surprised that people will try to hit them?'"
  • xinhua logo feature
    Excerpt from Xinhua -- "'Japan is not at the center of global concern as such, but certain policy decisions including the BOJ adopting a negative interest rate recently have had a ripple effect following similar moves in Europe, with banks there also going negative,' Roubini, also a professor of economics at New York University's Stern School of Business, explained."
  • wired logo feature
    Excerpt from WIRED -- "'This is unambiguously bad for theater owners,' says William Greene, an economics professor at the NYU Stern School of Business, who studies the media and entertainment industries. 'But I do not see much of an upside for studios.'''
  • south china morning post logo
    Excerpt from South China Morning Post -- "Michael Spence, another Nobel laureate, said China was 'well on the way' to shifting to the growth pattern that would underpin its ­future prosperity. The 'unsettled' issue in policymaking was about state-owned enterprises, including state firms in the financial sector, he said. 'One thing China has been very good at is managing the process – making steady progress and not trying to do everything at once,' Spence said."
  • Aspen Institute blog feature image
    Excerpt from Aspen Institute blog -- "The story for CSR, for Corporate Social Responsibility, is generally positive, though not always. The story for internal ethics, that is, can you trust the people you work with, that seems to always be associated with better financial returns in the long run."
  • wired logo feature
    Excerpt from WIRED -- "Sundararajan says proclaiming the demise of the on-demand idea overlooks the many ways on-demand businesses can be configured, from how prices are set to whether they hire independent contractors or official employees. Companies are still figuring out what works. Some will rise, some will fall. What the on-demand economy creates as a whole, he says, is the possibility of a more decentralized labor force, which consumers are increasingly coming to expect. 'A lot of economic activity down the road is going to flow through platforms that have a mix of centralized and decentralized labor,' Sundararajan says."
  • bloomberg logo feat
    Excerpt from Bloomberg -- "It's been lasting for over 6 years now. And I've been predicting for the last 7-8 months that we were probably in the 7th inning of a 9-inning game. Now I think we're in the 9th inning, maybe over. Except the Fed is still kind of anxious about things, and as you know this week, they didn't raise interest rates. So they may try to keep that cycle going a little bit longer, but it's just about over."
  • entrepreneur logo feature
    Excerpt from Entrepreneur -- "'This study disrupts the position that higher education may not be conducive to fostering innovation by suggesting that both personality and structured higher education experiences contribute to cultivating innovation potential among college students,' said Mayhew. 'The good news is that innovative entrepreneurial intentions can be influenced by educators, regardless of the many differences in traits and experiences that students across cultures bring to college campuses.'"
  • marketwatch logo feature
    Excerpt from MarketWatch -- "'The Fed is driving on a cliff road on a foggy night, it makes sense to go slow,' said Kim Schoenholtz, an economics professor at NYU Stern School of Business."

  • Silicon Hills News 192 x 144
    Excerpt from Silicon Hills News -- "'We have these new innovations, but we have to think about how much of the spoils of innovation the workers who are providing that innovation are going to see,' Sundararajan said."
  • fortune logo feature
    Excerpt from Fortune -- "’s a tempting proposition: For only a few billion dollars, we can bring broadband connectivity to poor families, providing them with no less than an improved chance in life. The ultimate answer, of course, is more complicated. And it is a mistake to think that mere access to the Internet is going to close the gap between rich and poor."
  • marketplace radio logo feature
    Excerpt from Marketplace -- "The choice of stock exchange becomes more important when comparing internationally, said Whitelaw. Companies tend to list in the country where their shareholders live for one thing. For companies in developing or emerging markets, listing in the United States, for example, offers a seal of approval because exchanges there have high standards for governance and reporting."
  • forbes logo feature
    Excerpt from Forbes Poland -- "In some ways, there isn’t much difference. They are both comprised of smart, ambitious, and success-driven leaders who have (at some point) stepped beyond just running a company to attempt to influence how society works. The biggest difference is probably in terms of age and, therefore, perspective. Many of the young people on the current list became incredibly wealthy at a pretty young age, which gives them the opportunity to still be more idealistic than those who typically succeed after decades of trying and running a business. So they exhibit more naivety, but also more idealism, in many cases."
  • fast company logo feature
    Excerpt from Fast Company -- "Personal finance is another new area for algorithmic, data-driven predictions, with a number of new 'robo-advisor' apps. 'We’re getting used to computers actually being pretty credible in terms of the recommendations they make,' says Vasant Dhar, a professor at NYU’s Stern School of Business and its Center for Data Science. 'It’s not that much of a stretch, where [a computer] actually says, here’s what I suggest with your portfolio.''
  • marketplace radio logo feature
    Excerpt from Marketplace -- "'If most of the organization's operations are no longer U.S.-based, then realistically... being closer to where most of their operations are should allow them to achieve some efficiencies,' said J.P. Eggers, an associate professor of management and organizations at NYU."
  • BusinessBecause
    Excerpt from BusinessBecause -- "David Yermack, chair of the finance department at NYU Stern, said the fintech curriculum will have to be taught at every business school. 'Students and employers will demand it,' he said."
  • cbs logo feature
    Excerpt from CBS News -- "Worries about Chinese companies are similar to the concerns about Japanese companies during the 1980s when they went on a bigger acquisition spree, according to Roy Smith, a former Goldman Sachs investment banker who's now a professor at New York University. 'Most of the Japanese deals ended up being overpriced, and the companies had to go through difficulties, but (they had) no adverse effect on the U.S. economy or labor force,' he wrote in an email. 'In a political year, this may appear to be an issue, but, like so many other things said, it isn't."
  • austinno logo 192 x 144
    Excerpt from AustinInno -- "Arun Sundararajan, a professor at New York University’s Leonard N. Stern School of Business, said he thinks most people agree that we need portable benefits. But he said he wishes there would be some time for the market to show what it can do instead of being largely boxed in by ongoing lawsuits and slight changes to decades-old laws. He said that if it turns out that sharing and gig economy companies go above and beyond what is required, as many more traditional tech companies already do, we may find that innovators can self-correct in the market as they compete for the best talent. 'It’s really a question of giving the market a chance,' he said."
  • Detroit Free Press logo
    Excerpt from Detroit Free Press -- "Aswath Damordaran, a finance professor at New York University's Stern School of Business, uses data that have leaked from various sources to estimate that Lyft more than doubled its gross bookings last year to about $1.2 billion, and will more than double that to $2.7 billion this year. However, Damordaran estimates Lyft lost $50 million in 2014, while Uber lost $470 million."
  • Popular Mechanics logo
    Excerpt from Popular Mechanics -- "The Act focused on the division of the internet into two parts: The national and international network, allowing the internet to be the information delivery system it became, and the 'last mile' or 'local loop,' which brought the service into the home user. The goal was for competition between incumbent service providers and new businesses to be focused on this second section. Think of like a highway where the road is free to use, but you have a pay a toll for the on- and off-ramps. The fight was for the ramps. However, as NYU economics professor Nicholas Economides pointed out in a 1998 examination of the act and its fallout, it wasn't much of a fight. For starters, building the 'local loop' required a few basic things smaller businesses didn't have—foremost, cooperation from the telephone and cable companies that already laid down the infrastructure, and who, frankly, weren't and aren't keen on competitors trying to piggy-back on the digging they'd already done."


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, Director
(212) 998-0624;

Follow us on Twitter @NYUStern

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