Subscribe to RSS FeedAPOLLO, ARES AND OAKTREE TO LAUNCH $90 MILLION INITIATIVE FOR STUDENTS AT HISTORICALLY BLACK COLLEGES AND UNIVERSITIES
Leading firms invest in Black Futures with formation of “AltFinance” Initiative to introduce more HBCU students to the influential alternative investment industry NEW YORK, June 15, 2021 – Apollo Global Management, Inc. (Apollo), Ares Management Corporation (Ares) and Oaktree Capital Management, L.P. (Oaktree) today announced a 10-year, $90 million, industry-first…Read More Read More
Decentralized Finance heats up: new approaches needed for industry transformation
Interest in crypto and decentralized finance (DeFi) rose sharply during the pandemic and investment has accelerated While DeFi has the potential to transform the financial system, it lacks a clear policy landscape that could help accelerate benefits and mitigate risks To help policy-makers make sense of these trends and to…Read More Read More
Mayor Kenney Announces “Philly Vax Sweepstakes” Giving Vaccinated Philadelphians Dozens of Chances to Win Up to $50,000
PHILADELPHIA, June 7, 2021 – Philadelphia Mayor Jim Kenney announced today the launch of “Philly Vax Sweepstakes,” a series of three citywide drawings designed to give Philadelphians extra motivation to get their vaccination against COVID-19 as the city fully reopens this summer. A total of 36 vaccinated Philadelphians will win…Read More Read More
University of Pennsylvania Receives Largest Cryptocurrency Gift in the University’s History to Support Innovation in Finance at the Wharton School
PHILADELPHIA, PA, May 20, 2021 – The University of Pennsylvania (“the University,” “Penn”) is delighted to announce a new anonymous gift of $5 million in the form of Bitcoin – the largest cryptocurrency gift the University has ever received. Facilitated by NYDIG, an industry leader in providing Bitcoin technology and…Read More Read More
The Wharton School, Moody’s and DiversityInc Release New DEI Study
Research reveals evidence-based management practices to improve workplace culture PHILADELPHIA, May 19, 2021—The Wharton School of the University of Pennsylvania, with support from Moody’s Corporation and DiversityInc, today published a new study, Improving Workplace Culture Through Evidence-Based Diversity, Equity and Inclusion Practices, examining the relationship between diversity, equity and inclusion (DEI)…Read More Read More
Alumna, entrepreneur, philanthropist Laurene Powell Jobs addresses Penn’s 265th Commencement
PHILADELPHIA, May 18, 2021—The University of Pennsylvania marked the 265th Commencement with a limited in-person undergraduate Commencement Ceremony for the Class of 2021 at Franklin Field on the morning of Monday, May 17. Alumna, entrepreneur, and philanthropist Laurene Powell Jobs, who earned a B.A. in political science from the College of Arts and Sciences and ...Read More
Penn Wharton Budget Model Projects President Biden’s American Families Plan would spend $2.5 trillion and raise $1.3 trillion by 2031
AFP would increase federal debt by 4.6% and decrease GDP by 0.4% in 2050 PHILADELPHIA, May 5, 2021—On April 28, 2021, President Biden released the second phase of his administration’s infrastructure plan, the American Families Plan (AFP). The AFP is a $1.8 trillion proposal focusing on federal investment in childcare,…Read More Read More
Knowledge@Wharton
- Changing Someone’s Mind: A Powerful New Approach June 22, 2021The more you allow people to participate in the process, the more effective you’ll be in convincing them to make certain choices, Wharton’s Jonah Berger says in this Nano Tool for Leaders®.
- Will a Global Minimum Corporate Tax Work? June 22, 2021Coordination among countries will be critical to ensure that some don’t undercut the G7 nations’ proposed 15% minimum corporate tax, say Wharton experts.
- Vaccine Passports: Why the Market Should Decide June 22, 2021In this opinion piece, Robert Field argues that the market, not state laws, should determine whether businesses can require proof of vaccination by customers and staff.
- The Robots Are Coming. Is Your Firm Ready? June 21, 2021Forget the dystopian vision of robots replacing humans at work. A new study co-authored by Wharton’s Lynn Wu shows how automation is increasing the demand for workers, even though it’s driving down the need for managers.
- Why Engine No. 1’s Victory Is a Wake-up Call for ExxonMobil and Others June 15, 2021Companies that fail to convincingly address social or environmental risks face erosion of business valuation, says Wharton’s Witold Henisz.
- How Megaproviders Keep Health Care Costs High June 15, 2021In their new book ‘Big Med,’ David Dranove and Wharton’s Lawton R. Burns look at the rise of megaproviders -- expansive health care organizations -- and their role in runaway costs.
- How to Optimize Your Omnichannel Marketing Strategy June 11, 2021Wharton’s Raghuram Iyengar explains three major challenges to omnichannel marketing and what firms can do to overcome them.