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CoinDesk

November 6, 2023

Sam Bankman-Fried's Guilty Verdict Shows This Was 'Regular-Way Fraud,' Former Paxos Exec Says

Highlighted by Columbia Business School, this media piece showcases Topics and Areas of Expertise about our esteemed faculty. The content is specifically curated from the publication that showcased the mentioned faculty and/or research, emphasizing its contributions in various fields. The featured Topics and Areas of Expertise reflects the school's commitment to sharing valuable insights and knowledge.

Mentioned Faculty

CBS News/MoneyWatch

November 6, 2023

The FDA Is Sounding the Alarm about Contaminated Eye Drops. Here's What Consumers Should Know.

The FDA has recently recalled multiple eye drop brands due to bacterial contamination, which poses severe risks, including infection and, in some cases, vision loss. This wave of recalls, affecting major retailers like CVS, Rite Aid, Target, and Walmart, highlights the challenges of supply chain and production standards within the pharmaceutical industry. Columbia Business School professor Carri Chan emphasizes that shared suppliers across brands heighten susceptibility to widespread recalls. Additionally, as FDA oversight intensifies, it’s likely that the agency will uncover further safety issues, particularly for products like eye drops that demand rigorous sterilization protocols.These recalls underscore the business imperative for heightened quality control in pharmaceutical manufacturing, especially where contamination can jeopardize brand reputation and customer safety. As contamination risks become more visible, companies must evaluate their supplier relationships, manufacturing facilities, and quality assurance practices. Discover how these issues affect both consumer safety and industry standards in the evolving landscape of over-the-counter healthcare products.Read the full article for more.

Mentioned Faculty

Carri Chan

John A. Howard Professor of Business: Decision, Risk, and Operations Division

Faculty Director Healthcare and Pharmaceutical Management Program: Healthcare and Pharmaceutical Management Program

Bloomberg

November 6, 2023

Top-Ranked MBA Programs Struggle to Reverse Declining Applications

Admissions

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The New York Times

November 4, 2023

WeWork Bankruptcy Would Deal Another Blow to Ailing N.Y. Office Market

Mentioned Faculty

Stijn Van Nieuwerburgh

Earle W. Kazis and Benjamin Schore Professor of Real Estate: Finance Division

Earle W. Kazis and Benjamin Schore Professor of Real Estate: Paul Milstein Center for Real Estate

Co-Director: Paul Milstein Center for Real Estate

Bloomberg

November 3, 2023

Shoppers Keep Splurging on Little Luxuries like Starbucks, Fried Chicken

Mentioned Faculty

Brett House

Professor of Professional Practice in the Faculty of Business: Economics Division

Forbes

November 3, 2023

Why Impact-Driven Tech Companies Are Receiving More Funding

Mentioned Faculty

Angela Lee

Senior Associate Director: Paul Milstein Center for Real Estate

WEAI

November 3, 2023

Announcement from the Center on Japanese Economy and Business, Columbia Business School

We are proud to announce that the Japanese government has honored Professor David E. Weinstein, the Carl S. Shoup Professor of the Japanese Economy at Columbia University and Director of the Center on Japanese Economy and Business at Columbia Business School, by awarding him The Order of the Rising Sun, Gold Rays with Neck Ribbon. The Order of the Rising Sun, established in 1875 by Emperor Meiji, was Japan’s first award. It is conferred on behalf of the Emperor of Japan as one of the highest honors bestowed by the Japanese government on people who have rendered distinguished service to Japan.   The conferral recognizes Professor Weinstein’s significant contributions to promoting academic exchange and mutual understanding between Japan and the United States. Professor Weinstein’s long-standing commitment to studying and understanding the Japanese economy and his dedication to research and cross-cultural exchange embody the spirit of this prestigious award. 

Mentioned Faculty

David Weinstein

Professor (by courtesy): Finance Division

Director: Center on Japanese Economy and Business

CNBC

November 2, 2023

Kind Snacks Founder Daniel Lubetzky: The No. 1 Green Flag I Look for before Hiring Anyone—especially a Gen Z Candidate

Mentioned Faculty

The Economist

November 2, 2023

Markets Think Interest Rates Could Stay High for a Decade or More

Mentioned Faculty

Tomasz Piskorski

Edward S. Gordon Professor of Real Estate: Finance Division

The Financial Times

November 2, 2023

BlackRock Study Finds Gender-Balanced Companies Outperform Peers

Mentioned Faculty

Shivaram Rajgopal

Roy Bernard Kester and T.W. Byrnes Professor of Accounting and Auditing; Chair of the Accounting Division: Accounting Division

Chartered Accountancy: 1987

NewsTalk 1010 Radio

November 2, 2023

Dollars and Sense with Brett House: Fall Economic Statement BONUS Edition

Mentioned Faculty

Brett House

Professor of Professional Practice in the Faculty of Business: Economics Division

Business Insider

November 2, 2023

Amazon and Shopify Sellers Are Using AI to Save Time, Better Understand Their Customers, and Improve Their Profit Margins

AI provides scale that isn’t possible with humans - but what about the downsides? In a 2023 article for Business Insider, Glaubinger Professor of Business Olivier Toubia highlights the cost-effectiveness of AI for Amazon and Shopify sellers. AI can be used to accomplish time-consuming tasks, Toubia says, such as writing product descriptions and optimizing copy for SEO. Is the efficiency of this technology, however, worth the risks? Experts point out that while efficient, companies may sacrifice their brand voice by using AI for tasks such as writing and optimization. Due to the occasional inaccuracies that AI is known for, there is also a risk that companies will be vulnerable to mistakes, at the very least requiring heavy proofreading and editing.  According to the insights shared by Toubia, the ROI many companies get from using AI may outweigh the disadvantages. In addition to teaching for Columbia Business School, Toubia researches elements of innovation, such as preference measurement and idea generation, and has discussed the benefits of AI in articles for Quartz, Quirks, and more. Learn more about the careful balance of implementing AI tools for Amazon and Shopify sellers.

Mentioned Faculty

Olivier Toubia

Glaubinger Professor of Business: Marketing Division

Insider

November 2, 2023

WeWork's Inevitable Retreat Is Here

Mentioned Faculty

Stijn Van Nieuwerburgh

Earle W. Kazis and Benjamin Schore Professor of Real Estate: Finance Division

Earle W. Kazis and Benjamin Schore Professor of Real Estate: Paul Milstein Center for Real Estate

Co-Director: Paul Milstein Center for Real Estate

CNBC

November 1, 2023

The Federal Reserve Leaves Rates Unchanged. Here’s What That Means for Your Wallet

Mentioned Faculty

Brett House

Professor of Professional Practice in the Faculty of Business: Economics Division

Forbes

November 1, 2023

Crisis Livestream Startup Prepared Closes $16 Million Round in New Wave of Impact Investments

Mentioned Faculty

Angela Lee

Senior Associate Director: Paul Milstein Center for Real Estate

Harvard Business Review

November 1, 2023

The Radical Reshaping of Global Trade

Mentioned Faculty

Rita McGrath

Academic Director in Executive Education: Executive Education

NewsTalk 1010, “Dollars and Sense”

November 1, 2023

Dollars and Sense for Radio November 1 with Brett House

Mentioned Faculty

Brett House

Professor of Professional Practice in the Faculty of Business: Economics Division

Impact Alpha

October 30, 2023

Doubling Down on Guarantees, MCE Social Capital Is Unlocking Capital for Climate + Gender

In this piece on moving capital to address both climate change and gender equity, Camilla Nestor '02, CEO of MCE Social Capital, commented on how there's "a need to grow the universe of impact-first, risk-tolerant capital." Since 2007, MCE has designed and deployed investment guarantees to mobilize more than $300M for smallholder farmers in Africa, Asia, and Latin America.

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The White House

October 27, 2023

Commercial-to-Residential Conversion: Addressing Office Vacancies

The COVID-19 pandemic forced Americans to change how they live and work, with ripple effects felt across the economy. More than one third of households report working from home more frequently now than they did before the pandemic, and workers go to the office about 3.5 days a week, a 30 percent reduction from pre-pandemic norms. The changes are squeezing the commercial real estate market, which is dominated by office buildings but also includes hospitality and healthcare facilities.

Mentioned Faculty

Stijn Van Nieuwerburgh

Earle W. Kazis and Benjamin Schore Professor of Real Estate: Finance Division

Earle W. Kazis and Benjamin Schore Professor of Real Estate: Paul Milstein Center for Real Estate

Co-Director: Paul Milstein Center for Real Estate

Impact Alpha

October 27, 2023

TELUS Pollinator Fund Invests in Three New Clean Tech Startups: Climate Robotics, Erthos, and Plentify

Clean tech startup Plentify, a Tamer Fund for Social Ventures portfolio member founded by Jon Kornik ’11, received a $4M investment from TELUS Pollinator Fund to strengthen climate resilience.

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