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  • bloomberg logo feat
    Excerpt from Bloomberg -- "I have studied the mobile economy for awhile now and I am fascinated by the facial recognition technology that the new iphone X has. China has been the trendsetter in the mobile economy and everybody else is actually following them. One particular aspect that fascinates me is facial recognition...a lot of consumers in China are accustomed increasingly to having facial recognition technology and my sense is that this particular technology and the iphone X is something that will be well received."
  • bloomberg logo feat
    Excerpt from Bloomberg -- "WeWork started testing a program last month to let Airbnb guests in six cities save spots at co-working offices nearby. If WeWork pursues more short-term rentals, the company could benefit from how Airbnb legitimized unconventional travel accommodations, says Arun Sundararajan, a professor at New York University who wrote a book about the sharing economy."
  • los angeles times logo feature
    Excerpt from the Los Angeles Times -- "Schoenholtz and others who have seen Powell speak and engage with audiences say that Powell knows how to communicate and that he has learned leadership skills at the Fed and in Treasury. Before joining the Fed, Powell had been a visiting scholar at the Bipartisan Policy Center think tank and a partner at the Carlyle Group, a high-powered Washington, D.C., asset-management firm. 'He’s had a long experience at the Fed, and he’s been part of the process of creating consensus there about policy,' Schoenholtz said."
  • CFO magazine
    Excerpt from CFO -- "'Mandating a fully independent audit committee with at least three outside directors is not, on average, value enhancing,' write the authors, Seil Kim of the City University of New York and April Klein of New York University. The study’s findings are based on financial and governance information on 1,122 companies drawn from several large databases."
  • bloomberg logo feat
    Excerpt from Bloomberg -- "If The New York Times can protect us from the weaponization of their platform with $90 million in cash flow, Facebook can figure it out with $12 billion. Facebook could hire 10,000 people to screen content, they could spend a half a billion dollars a year on artificial intelligence to help those people identify and flag that content, and it would dent their free cash flow five or 10%. When big tech tells you something is impossible, that's Latin for, 'we would be less profitable if we did this.'"
  • – Business and Policy Leader Events

    Tales in Leadership: Managing Change Featuring Susan Peters

    November 1, 2017
    NYU Stern’s Leadership Development team welcomed Susan Peters, senior vice president of human resources at GE, for an event entitled, “Tales in Leadership: Managing Change.”
  • chicago tribune
    Excerpt from the Chicago Tribune -- "'It makes complete sense from the perspective of the pricing game. It’s a traders’ game right now,' said Aswath Damodaran, finance professor at New York University’s Stern School of Business. 'It does absolutely nothing in advancing bitcoin’s cause as a digital currency.'"
  • – Faculty News

    Professor David Yermack shares his views on bitcoin

    October 31, 2017
    christian science monitor
    Excerpt from Christian Science Monitor -- "'I think bitcoin is more of an investment security than a currency,' David Yermack, a finance professor at New York University’s Stern School of Business, writes in an e-mail. Some 90 percent of the transactions appear to be between investors rather than as payments for goods and services, he says."
  • cbs logo feature
    Excerpt from CBS News -- "Russell Winer, a marketing professor at New York University's Stern School of Business, believes the company is not a pyramid scheme. 'If there are products that are actually being sold to consumers, then it's not a pyramid scheme,' he told Werner."
  • dnainfo logo feature
    Excerpt from DNAinfo -- "'The LLC constructions are common, especially on the higher end,' he said, noting that a report from the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) found that 30 percent of sales involving LLCs were connected to people who had been reported for suspicious activity by financial institutions. 'Once this type of activity receives a lot more scrutiny, as it certainly will because of the Manafort case, it will temper enthusiasm for these purchases and put further pressure on an already shaky New York luxury market,' Van Nieuwerburgh said."
  • EdScoop logo 192 x 144
    Excerpt from EdScoop -- "The goal is to be 'a hub that matches inspired ideas with the expertise to scale and commercialize them — and develop MBA students in the process who may want to follow a similar entrepreneurial path in the future,' Sundaram said. ... Hegde said he’s hoping the Creative Destruction Lab puts NYU at the center of disruption happening in several fields. 'Technology is disrupting industries like finance and publishing, and we think it’s part of a long-run disruption that’s happening,' he said. 'Like Stanford is for Silicon Valley, we want to make NYU for the New York City region.'"
  • new york times logo feature
    Excerpt from The New York Times -- "'I think it’s far more important to understand and appreciate high-quality economic analysis than it is to have a Ph.D.,' said Kim Schoenholtz, a professor of economics at New York University. He noted that most Treasury secretaries had not held degrees in economics. 'What distinguishes the most effective secretaries is skill at bringing in talented personnel and appreciation for the value of informed economic analyses,' he said."
  • Stamford Advocate 192 x 144
    Excerpt from the Stamford Advocate -- "'Shrinking its footprint generally has been part of the recovery for RBS,' said Lawrence J. White, a professor of economics in New York University’s business school. 'It shouldn’t come as a big surprise that as part of the overall shrinking that they would be shrinking their North American operations.'"
  • the conversation logo
    Excerpt from The Conversation -- "Itamar Simonson and Russell S. Winer found that when people plan their lunches for the upcoming week, they tended to buy a diverse assortment of meats and yogurt. But when they bought lunch one day at a time, they often ended up eating the same turkey sandwich and strawberry yogurt every day."
  • – Student Club Events

    2017 Stern in Africa Business Forum

    October 28, 2017
    On Saturday, Oct. 28, NYU Stern in Africa will host its annual Stern in Africa Business Forum entitled, “The Tipping Point: Accelerating Africa’s Agenda”.   
  • institutional investor logo feature
    Excerpt from Institutional Investor -- "As French economist Thomas Philippon shows, the unit cost of financial intermediation is higher today than it was a century ago. All the improvements in information technology have been canceled out by trading activities with little social value. This is why a bloated finance industry has been shown to be a drag on productivity and real economic growth."
  • bloomberg logo feat
    Excerpt from Bloomberg -- "... [It] is not just that we claim that earnings don't matter. We actually prove it. In a recent article we published, we show for all companies that even if you had the dream forecasting machine, meaning that you could forecast, you could identify all the companies that will meet and beat consensus next quarter, you are not going to make any money from this."
  • Cheddar TV logo 192 x 144
    Excerpt from Cheddar -- "New York City has among the most stringent regulations on short-term rentals, so it makes it increasingly hard to rent your place out on Airbnb relative to most American cities. I think the right regulatory approach is to first recognize that the regulatory boxes that were created for hotels don't fit the typical Airbnb host because this is fundamentally a different business model."
  • financial times logo feature
    Excerpt from the Financial Times -- "'Carlyle is going about it sensibly, without taking away from the firm the founders’ clout and influence with big investor institutions,' says Mr Smith, a Goldman Sachs partner before he went into academia. 'Others will do the same.'"
  • – Student Club Events

    Annual Stern Healthcare Association Conference

    October 27, 2017
    On Friday, Oct. 27, the NYU Stern Healthcare Associate (SHA) will host its annual conference themed, “Advancing and Adapting”. The conference will focus on how business is changing the healthcare landscape to meet the needs of the modern patient. 
  • us news and world report logo feature
    Excerpt from US News & World Report -- "'...students are going to have no choice but to learn this material in five or 10 years,' [Yermack] says, recommending they start now. Kathleen DeRose, a clinical associate professor of finance at Stern, says this technology has a variety of profitable applications that many companies – including both century-old Fortune 500 firms like IBM and small startup operations – are using. Knowing how to use this technology is a highly marketable skill and could broaden a graduate's employer pool. Matthew Scannella, a Stern MBA student who is pursuing several specializations, including financial technology, says he decided to focus on fintech 'because of its potential to disrupt every vertical within the financial services industry.'"
  • 192 x 144
    Excerpt from -- "SRisk, a systemic risk measure developed by Robert Engle, a Nobel Prize-winning economist at New York University, figures prominently in the FSVM [Financial System Vulnerabilities Monitor]. It is one of the measures used to track contagion, one of six risk categories covered by the monitor."
  • new york times logo feature
    Excerpt from The New York Times -- "'If you’re looking for consumers to go after these companies, we’ll be waiting for a long time,' said Scott Galloway, a professor of marketing at the New York University Stern School of Business and the author of a recent book that examines the power of large technology companies."
  • mcavoyrecapfeature
    On October 26, NYU Stern’s Center for Sustainable Business welcomed John McAvoy (MBA ’87), Chairman and CEO of Con Edison, to Stern for a conversation entitled, “How Sustainability Drives Success at Con Edison”.
  • CultureExecEdFeature
    This program is intended for those who wish to rethink the habits that have made them successful in the past, and challenge the conventional wisdom and industry models that have defined their businesses. To achieve these objectives, this course combines presentations and discussions with practical exercises so that participants can apply disruptive leadership principles to business issues and scenarios.


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:

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

Janine Savarese, Executive Director
(212) 998-0202;

Carolyn Ritter, Director
(212) 998-0624;

Follow us on Twitter @NYUStern

STERNbusiness Alumni Magazine


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