Warrington in the News Articles: page 30

Cordell Eminent Scholar Jay Ritter was cited as part of SEC Commissioner Caroline A. Crenshaw’s statement on the proposed changes to SPACs. Specifically, the SEC is proposing new rules and amendments that would require, among other things, additional disclosures about SPAC sponsors, conflicts of interest and sources of dilution.

With gasoline prices trending over US$4 per gallon nationwide, politicians are feeling the heat. In response, Maryland and Georgia have temporarily waived their state gasoline taxes to reduce the burden on consumers. Other states are considering similar actions, and some members of Congress have called for suspending the federal gas tax. The Conversation asked four experts, including Public Utility Research Center Director of Energy Studies Ted Kury, whether gas tax waivers are an effective way to provide economic relief to U.S. households, and what other impacts these measures could have.

The success of the digital economy has given rise to some of the wealthiest companies the world has ever known. Over the last decade or more, concerns have arisen among some economists about whether existing antitrust laws are adequate to address the market power exercised by these “Big Tech” companies and their products and platforms that are used by billions of people globally.

Has the data-driven economy of “free” platforms, network effects and the unprecedented size of these tech firms changed the economic calculus behind the consumer-welfare framework that currently guides antitrust enforcement?

Public Utility Research Center Director and Gunter Professor Mark Jamison and a panel of other economists on both sides of the question share their insights.

The Diplomat speaks with Cordell Eminent Scholar Jay Ritter about Chinese coffee company Luckin and its second IPO attempt.

The rich valuations remind Cordell Eminent Scholar Jay Ritter of initial public offerings in the 1980s and 1990s, which were typically done by young companies with similarly optimistic business models.

“A lot of them turned out to be disappointments for investors, and so far that’s been true with a set of companies that have recently merged with SPACs,” said Ritter, a finance professor who specializes in public-listings data.

Doctor of Business Administration student and Clinical Assistant Professor of Accounting at Salisbury University David Weber is featured in this story about the widow of Washington D.C. police officer Jeffrey Smith who won a months-long fight to have her husband’s death declared in the line of duty, following his suicide days after the January 6, 2021, attack on the U.S. Capitol.

Congratulations to Management Communication Center Office Manager and owner of Eden Books Robyn Crawford for being awarded a $10K Backing Black Business Grant from ReimagineMainStreet and their partners Black Girl Ventures, U.S. Black Chambers, Inc., Walkerslegacy, Meta, 1863 Ventures, African American Alliance of CDFI CEOs, Institute for Entrepreneurial Leadership (IFEL), NAWBO National, The Women Entrepreneur Leadership Lab, Veteran Women’s Enterprise Center (VWEC), Women Impacting Public Policy (WIPP), and Women of Color Connecting!

Eden Books is an online romance and women’s fiction bookstore dedicated to empowering authors in truthful storytelling, diversity, and inclusion in books.

Two bills, SB 620 (the Local Business Protection Act) and SB 280 (the Transparency Act), have sparked debate in the Florida Legislature as they are preemption bills that place state law ahead of local law. Both bills limit the authority of local governments and bolster the power of local businesses to protest local legislation through legal caveats.

Robert W. Emerson, Huber Hurst Professor, expressed some concerns with SB 260’s practicality.

Starting out with just a dream in his parents’ kitchen, David Habib‘s (BSBA ’14, MIB ’15) star has risen like a rocket in the food industry.

Public Utility Research Center Director and Gunter Professor Mark Jamison explains why a rule that could increase the economic cost of shipping by rail that the U.S. Surface Transportation Board (STB) is considering is a bad idea.