Education, Business, & Law

Grand Opening Planned Dec. 5 for 'The Hub,' Mixed-Use Building at 40th and Chestnut Streets

WHAT:  A grand opening event, celebrating the completion of The Hub, a nine-story, 100-unit residential-retail complex at 40th and Chestnut streets in University City, constructed by Teres Holdings, LLC, of PhiladelphiaWHERE:  The second floor of The Hub, 3935 Chestnut St., PhiladelphiaWHEN:  5:30 p.m. Tuesday, Dec. 5WHO:  Featured speakers will include:

Julie McWilliams

How undisclosed SEC investigations lead to insider trading

Should companies go public sooner about the fact that the SEC is investigating them? Daniel Taylor, a professor of accounting at Wharton, investigated this question in a research paper titled, “Undisclosed SEC Investigations,” which considers whether insiders gain an unfair advantage in being able to sell shares before the information hits the market.

Penn Today Staff



In the News


Bloomberg

‘Love contracts’ go mainstream as employers track office romance

Anita Allen of the Law School said workplace romance policies can help maintain fairness and reduce distractions. However, she said, “the regulation of interpersonal relationships raises privacy concerns. People can understandably feel that they’re intrusive, especially within a large company.”

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The New York Times

Forget antitrust laws. To limit tech, some say a new regulator is needed

PIK Professor Herbert Hovenkamp expressed concern about proposals for the creation of a regulatory authority to manage big tech companies. “I’m very uncomfortable with the regulatory path, especially if it means things like getting government approval for product changes,” he said. “The history of regulation shows that it is an innovation killer.”

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Bloomberg

A Hoover study claiming Biden would harm the economy has critics

Richard Prisinzano of the Penn Wharton Budget Model said a study from the Hoover Institution attributes post-2026 tax increases to Joseph Biden, when in actuality the increases are already a part of existing laws. “I’m trying not to be overly partisan, but I think they’ve put their thumb on the scale in that way,” he said.

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The New York Times

The Fed’s $4 trillion lifeline never materialized. Here’s why

Peter Conti-Brown of the Wharton School said that if economic conditions worsen the Federal Reserve would “stop pointing to the fact that it has a fire hose. It’s going to take it out and turn it on.”

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The New York Times

Google up against laws that thwarted Microsoft (and others since 1890)

PIK Professor Herbert Hovenkamp commented on an antitrust lawsuit filed against Google by the U.S. Justice Department this week. “The case looks narrow but fairly strong,” he said. “The focus on restrictive contracts by a dominant company is as old as the Sherman Act,” the bedrock antitrust law of 1890.

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