Warrington in the News Articles: page 33

U.S. Gross Domestic Product (GDP) shrank for the second quarter in a row marking the beginning of a recession, however, Assistant Professor Gustavo Cortes explains the economic situation is mixed.

“We have good news, we have bad news, all at the same time,” said Cortes, who has a doctorate in economics. “The bad news for example… the GDP numbers were released. We had another decline this time close to one percentage point. At the same time, you also have good news on the labor market side.”

In this episode of Forecasting Impact, Clinical Professor and Director of the Business Analytics and AI Center Jim Hoover shares some of his experiences in the U.S. Navy where he worked in several decision-making roles and used forecasting/operation research tools for over two decades.

Hoover emphasizes the importance of open source software development and calls for academic cooperation on building an open access platform for sharing the best forecasting practices with industry practitioners and SMEs. He also shares his thoughts on bridging the gaps between industry and academia.

As an IPO during the go-go year of 2020 for SPACs, Ackman’s Pershing Square Tontine Holdings ran up against a two-year deal deadline facing many SPACs. Blank check companies, or SPACs, typically have 24-months to buy a company or they must return the money they raised to shareholders.

As of July 20, there were 590 SPACs still looking for a merger partner, according to Cordell Eminent Scholar Jay Ritter.

Public Utility Research Center Director of Energy Studies Ted Kury provides insights to fact check a claim that the Permian Basin, the U.S.’s most productive oil region, has enough oil to fuel America for 200 years.

Research collected by Cordell Eminent Scholar Jay Ritter inform this story that asks if too many companies went public too early in the past couple years. Should they have waited until they could deliver the kind of predictable earnings and growth trajectories that public investors favor?

Insights from Cordell Eminent Scholar Jay Ritter inform this story about Enjoy Technology Inc, a Silicon Valley retailer led by former Apple Inc and JC Penney Co executive Ron Johnson, which filed for bankruptcy protection on Thursday, fewer than nine months after going public through a special-purpose acquisition company (SPAC).

Cordell Eminent Scholar Jay Ritter contributes his insights to this story about how US ECM bankers are facing the slowest market for IPOs in more than six years with few obvious signs that conditions are about to take a turn for the better in the second half of 2022.

Cordell Eminent Scholar Jay Ritter contributes to this story about newly public companies getting bought out—for far less money—while blank-check promoters prepare for a more skeptical market.

“The recent fall in cryptocurrency (crypto) and non-fungible token (NFT) values has led to anxiety, finger wagging, and calls for regulation. This is not surprising; bitcoin prices have fallen by one-third in the last 30 days. The largest crypto exchange, Coinbase, is laying off nearly one-fifth of its workforce.

The responses have been predictable. Bill Gates mocked people for trying to make money in cryptocurrencies. Personal finance guru Dave Ramsey called cryptos and NFTs “flashy money trends” and warned against investing in them.

But these responses are overreactions,” says Mark Jamison, Public Utility Research Center Director.

Assistant Dean and Director of UF MBA John Gresley shares his insights for this guide on  you need to know about studying an Online MBA in 2022.