Drew Pascarella, lecturer of finance at Cornell SC Johnson College of Business, says investors should focus on the impact of binge-spending on cash flow.

Cornell SC Johnson College of Business

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The global supply chain has been put under extreme stress throughout the pandemic causing major disruptions for businesses and consumers as we enter a busy season for businesses in all industries. Cornell experts can discuss the problems that persist in the global supply chain and impacts it’s having on various industries.

Economics and Business

Industrial and Labor Relations

Food & Agriculture

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This Halloween, Americans are expected to spend a near-record amount of $8.8 billion on costumes and other decorations. While the holiday traditionally attracts a core of committed fans, many are also peer-pressured to jump into the festivity’s spending.  Ori Heffetz, professor of applied economics at Cornell University’s SC Johnson College of Business, is an expert on consumption and studies the psychological, social and cultural aspects of economic behavior. Heffetz says that when it comes to celebrations, Halloween has become the holiday to show off one’s status.

Economics and Business

Cornell SC Johnson College of Business

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Andrew Karolyi, an expert on investments and international markets and John Tobin, an expert on environmental and energy economics, comment on the European Union's plan to create 225 billion euros of green debt by increasing the number of available green bonds.

Energy, Environment & Sustainability

Economics and Business

Business, Economics & Entrepreneurship

Cornell SC Johnson College of Business

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This week, Audi announced it would cut up to 9,500 jobs, roughly one in ten of its total staff, to focus more efforts and funding toward electric vehicle production. The company has also announced that it will add 2,000 positions in the areas of electric mobility and digitalization.  Thomas Jungbauer, professor of economics in the SC Johnson College of Business at Cornell University, studies tech firms and high-skilled labor markets. He says that by changing its work force, Audi is attempting to create a competitive advantage within a highly disrupted industry.

International

Economics and Business

Cornell SC Johnson College of Business

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The government’s $2 trillion stimulus package includes more than $350 billion in loans and payroll tax relief destined to help small and medium firms, those who are self-employed as well as freelancers and gig workers. Tom Schryver, visiting lecturer at the SC Johnson College of Business at Cornell University, says that in helping small businesses, the government is walking a line between getting things done fast and offering the perfect solutions.

Economics and Business

Cornell SC Johnson College of Business

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Following pressure from China, Apple decided to pull HKmap.live from the App Store. The app allowed users to track police presence in Hong Kong, where antigovernment protesters have been demonstrating for months. The removal was announced shortly after Beijing criticized the tech giant in a strongly worded editorial on Wednesday.  Thomas Jungbauer, professor of economics in the SC Johnson College of Business at Cornell University, studies tech firms and high-skilled labor markets. He says that tech companies are walking a fine line as they attempt to develop their Chinese markets

Cornell SC Johnson College of Business

International

Economics and Business

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In Walmart’s first social responsibility report, released this week, the company outlined its commitment to sustainable growth and reported a few key figures, including employee compensations. Wages for Walmart’s average employee are growing, according to the report. The retail giant is also investing in training and education programs. Hyunseob Kim studies corporate finance and labor economics at Cornell University’s Johnson Graduate School of Management, where he focuses on the effects of corporate governance and investment on wages and productivity. Kim says that Walmart is responding to an increasingly tight labor market.

Economics and Business

Cornell SC Johnson College of Business

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Cornell University experts are available to weigh in on political and industry developments that signal a shift to a clean energy economy.

Energy, Environment & Sustainability

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Leisure cruises have found themselves in the middle of the coronavirus outbreak. Robert Kwortnik, associate professor at Cornell University’s Hotel School, studies tourism and hospitality with a focus on the leisure cruise industry. He says that the industry is already feeling the economic impacts from the coronavirus crisis and adds that 2020 may be the most difficult year for leisure cruises in decades.

Economics and Business

Cornell SC Johnson College of Business

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