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Penn in the News
A round-up of Penn mentions in local, national, and international media.
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Penn In the News
Hashtags won’t cut it. Corporate America faces a higher bar in a reckoning on racial inequality
Stephanie Creary of the Wharton School spoke about how companies are responding to recent protests. “The sense of urgency is something we and many corporate leaders haven’t seen in our lifetime,” she said.
Penn In the News
First the pandemic hit them. Now retailers and restaurants have to rebuild after protests
Witold Henisz of the Wharton School said that given the pandemic, which has illuminated longstanding disparities in the lives of people of color living in the U.S., the murder of George Floyd was “a match on smoldering embers.”
Penn In the News
Unemployment rate reaches 14.7% – here’s what to watch
Jeremy Siegel of the Wharton School said future economic growth in the U.S. depends on the development of vaccines and treatments for COVID-19. “If we get therapeutics that reduce the severity of this disease to a bad flu or a vaccine that could inoculate the at-risk members of the community, again that reduces that fear, [then] I think 2021 can be a boom year,” he said.
Penn In the News
These iPhone apps know how you’ll spend and save money—even before you do
Mauro Guillén of the Wharton School weighed in on personal finance apps for smartphones. “With digital technology, the possibilities expand,” he said. “I think we’re just seeing the beginning.”
Penn In the News
Ex-Obama health advisor: U.S. needs to ‘stop panicking and being hysterical’ about coronavirus
PIK Professor Ezekiel Emanuel advised Americans to “stop panicking and being hysterical” about the risk of exposure to coronavirus. “I think we need to put it into context, the death rate is much lower than for SARS,” he said.
Penn In the News
Phase one U.S.-China trade deal: What Cramer and other pros are saying
Jeremy Siegel of the Wharton School spoke about “phase one” of a trade deal between the U.S. and China. “Just the fact that there’s a delay—we’re not going to get those 25% tariffs on Dec. 15—I think is definitely a plus for the market,” he said.
Penn In the News
The Hong Kong situation can ‘absolutely’ derail US-China talks: Prof
Mauro Guillén of the Wharton School spoke about the potential international economic effects of political unrest in Hong Kong, as well as the state of the U.S.-China trade war. “Both sides are trying to look for a way to save face … because they have escalated so much,” he said.
Penn In the News
This one powerful phrase is the science-backed secret to a happy relationship (and most of us rarely use it)
The Wharton School’s Adam Grant was cited for his research about the effects of expressing gratitude on employee performance.
Penn In the News
Inside Facebook’s ‘cult-like’ workplace, where dissent is discouraged and employees pretend to be happy all the time
The Graduate School of Education’s Alexandra Michel spoke about stack ranking systems like the one employed at Facebook. “If you have an environment that is completely cutthroat like Wall Street, this system works pretty well,” Michel said. “But if you have employees who come in and want to be taken care of, want to learn, want to be part of a warm group and people who care about them—that’s a very jarring mismatch.”
Penn In the News
A split between the House and Senate isn’t the worst thing, says Jeremy Siegel
“A split congress isn’t the worst thing,” said the Wharton School’s Jeremy Siegel, discussing potential results of the midterm election. “Some of the greatest markets we had were during the Clinton administration.”