Serious headwinds as Dow Jones passes 22,000 mark

On Wednesday, the Dow Jones industrial average broke through the 22,000-point mark for the first time in its history. Andrew Karolyi, professor of asset management and finance at Cornell SC Johnson College of Business, recently authored a paper about the shrinking number of exchange-listed firms in the U.S. He says that today’s milestone should prompt […]

Having a meltdown at work? Blame it on your passion

ITHACA, N.Y. – Imagine you’re about to give a high-profile presentation at work. You’ve been working on it for weeks. Your boss and the company’s CEO are sitting right across from you. Crucial funding for the company – and your possible promotion – hang in the balance. Suddenly, your presentation images become garbled. Then your […]

Agriculture, tax reforms at risk after Colombia’s ‘no’ vote

Lourdes Casanova, academic director of the Emerging Markets Institute at Cornell University’s Johnson School of Business, is available to comment on the economic repercussions of the weekend’s referendum in Colombia. Bio: https://www.johnson.cornell.edu/Faculty-And-Research/Profile/id/lc683   Casanova says: “The Colombian government’s plan to develop the agricultural sector to its potential is now on hold, and so are natural […]

Cornell experts offer four perspectives on Brexit

Experts in finance, European politics and history from Cornell University react to the U.K.’s vote to withdraw from the European Union. Barry Strauss: Brexit will be a textbook case for years to come of how leadership makes the difference Strauss is an expert on global history, government and conflict, and chair of the department of […]

Accounting scholar Mark Nelson named dean of Cornell’s Johnson School

ITHACA, N.Y. – Mark Nelson, Cornell professor of accounting, has been named the 12th dean of the Samuel Curtis Johnson Graduate School of Management. Nelson, the Eleanora and George Landew Professor of Management, will begin his five-year term as the Anne and Elmer Lindseth Dean July 1. He will succeed Soumitra Dutta, who will step […]

Massive new investment shows Uber is early leader in mobility industry

Uber raised $3.5 billion from Saudi Arabia’s Public Investment Fund this week, one of the largest cash infusion made by a private investor into a start-up. Drew Pascarella is lecturer of finance at the Samuel Curtis Johnson Graduate School of Management. Before joining Cornell University Pascarella has spent 15 years working at bulge bracket investment […]

Brazilians demand change, with few political and economic options

This weekend, Brazil saw some of the largest anti-government protests in its history with hundreds of thousands of demonstrators calling for the country’s President Dilma Rousseff to resign. Protesters voiced their frustration against the poor state of the economy, as well as increasing corruption among the political elite. Lourdes Casanova, academic director of the Emerging […]