With states across the U.S. taking steps towards reopening businesses, local health officials have offered guidance on what employers ought to do to keep returning employees safe. Nellie Brown, director of workplace health and safety programs at Cornell University’s School of Industrial and Labor Relations, says that while risk cannot be reduced to zero, the safety standards businesses put in place today will help workplaces reduce the spread of many diseases, not just Covid-19.

Industrial and Labor Relations

Economics and Business

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Glen Dowell, a corporate sustainability researcher and professor of management and organizations at the Cornell SC Johnson College of Business, comments on recent environmental activism among tech workers.

Energy, Environment & Sustainability

Economics and Business

Cornell SC Johnson College of Business

Atkinson Center for a Sustainable Future

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The U.S. House of Representatives voted this week to advance the Holding Foreign Companies Accountable Act through Congress. The act requires Chinese companies to delist from major U.S. exchanges if they fail to comply with audit requirements of the Public Companies Accounting Oversight Board (PCAOB) within three years. Andrew Karolyi, professor of finance at the Cornell SC Johnson College of Business and a decades-long expert on international listings of stocks, has written about the phenomenon of foreign firms leaving U.S. equity markets. He says the legislation may be part of a broader push by the U.S. to take a more assertive stance toward Beijing, but he also argues that there may be serious unintended negative consequences for investors as well as U.S. markets.

Law and Policy

Economics and Business

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The Federal Reserve is scheduled to wrap up its two-day meeting on Wednesday afternoon, when it will announce its latest policy decisions. While experts do not anticipate a significant shift in the central bank’s posture, many are looking for signs on how the Fed is planning for potentially high inflation in the near future. Cornell experts, Sarah Wolfolds and Shawn Mankind, weigh in on the Fed's likely posture. 

Dyson School of Applied Economics & Management

Economics and Business

Johnson Graduate School of Management

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Art Wheaton, auto industry expert and director of the Western NY Labor and Environmental Programs at the Worker Institute, says BMW’s absence from the auto show in New York City is indicative of a major shift in the industry.

Economics and Business

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New York State is facing a $2 billion deficit, said Governor Andrew Cuomo on Monday. Cristobal Young, a sociologist at Cornell University who studies income inequality and the effects of taxation on the rich, comments on Cuomo’s explanation that the deficit was caused by Trump’s federal tax cuts.

New York State

Economics and Business

Law and Policy

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Critics say that the deal between T-Mobile and Sprint will ultimately limit competition in a market already dominated by very few players. But Aija Leiponen, professor of applied economics and an expert in the telecommunication industry, says that on the contrary the merger will increase competition, by not leaving Sprint’s assets up for grabs for the industry’s monoliths.

Economics and Business

Cornell SC Johnson College of Business

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Erica Groshen, expert is labor statistics, says that Thursday’s data foreshadows the largest one-month increase in unemployment to date.

Economics and Business

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The coronavirus pandemic is putting significant pressure on some retailers to expand their workforce and adapt to growing demands for essential goods, such as pharmacy products, food, and take out dining. Companies like Walmart, CVS and Amazon, have all announced plans to hire tens, sometimes hundreds of thousands of new employees. Patricia Campos-Medina, is co-director of the New York State/AFL-CIO Union Leadership Institute at Cornell University’s ILR School. She says that at this critical time, we need to demand more than just an increase in jobs.

Industrial and Labor Relations

Economics and Business

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The hospitality and travel industries are dealing with dramatic losses in business volume, given travel restrictions and fear of coronavirus exposure continuing to depress passengers’ demand. Now, as the holiday season approaches, they are facing another unprecedented test. Cornell University hospitality experts, Christopher Anderson and Chekitan Dev, are available for interviews about how the industry is preparing for a possible holiday bump, and what can be achieved in the midst of uncertainty.     

Economics and Business

School of Hotel Administration

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