Warrington in the News Articles: page 32

Here & Now‘s Anthony Brooks speaks with Public Utility Research Center Director of Energy Studies Ted Kury about how, after a spate of storms in 2004 and 2005, Florida utilities learned to work together to make the electric grid more resilient, and what work can be done to avoid power failures next time there’s a big storm.

The Los Angeles Times consulted two dozen researchers, financial planners and counselors, including Associate Dean for Research and Director of the Human Resource Research Center Mo Wang, about how to tell when you’re ready for retirement.

From the best of times, to the worst of times: The market for initial public offerings has fallen off a cliff in 2022. Investors faced with high inflation and rising interest rates have ditched high-flying growth stocks and turned to safer, more profitable alternatives. Cordell Eminent Scholar Jay Ritter shares his insights on how the IPO market went from boom to bust in 2022, and whether he expects a rebound in 2023.

IPO expert and Cordell Eminent Scholar Jay Ritter joins Yahoo Finance Live to discuss the SPAC deal for the Peter Thiel-backed company Rumble, which has started trading on the stock exchange, and also weighs in on the Porsche and Instacart IPOs.

According to Cordell Eminent Scholar Jay Ritter, Apple investors should not to worry because the sheer dollar amount of shares sold short is “pretty meaningless.” He added that he is not currently short Apple but is short Tesla.

Corebridge, the life and asset management business of insurance group AIG, went public this week with the help of 43 different banks, the second-highest number of managing underwriters for a US listing on record, according to data collected by the Cordell Eminent Scholar Jay Ritter.

The federal government is on a path to waste over $30 billion of the $65 billion it plans to spend over the next few years to expand broadband services throughout the nation. Public Utility Research Center Director and Gunter Professor Mark Jamison writes about what steps Florida can take to keep that waste from happening by assuming a leadership role among states determined that their citizens should receive all the broadband that they pay for.

The SPAC boom is officially a thing of the past.

“I think that was a once-in-a-lifetime experience just like during the internet bubble,” said Cordell Eminent Scholar Jay Ritter. “A year ago, the whole market was overpaying and now we have a reset. Giving a valuation of $500 million on a zero revenue company … those days are gone.”

Sometimes, says Cordell Eminent Scholar Jay Ritter, rather than cutting back on big purchases during periods of high inflation, we actually end up spending more. In a way, he says, we’re trying to “lock in” prices now on these long-desired items.

While diminishing these U.S. companies and making them and their customers more vulnerable to foreign manipulation, the legislation would likely leave state-affected Chinese and Russian technology platforms untouched, argues Mark Jamison, Public Utility Research Center Director and Gunter Professor.