This Week in Business

Alibaba's Chairman, Jack Ma, announced last week that he was stepping down as head of Chinese e-commerce giant. His successor will be Daniel Zhang, who is credited with the development of “Singles Day”, the largest 1-day retail shopping event in the world. Host Dan Loney talks with David Hsu, Professor of Management at the Wharton School, and Orville Schell, Director of the Asia Society’s Center on US-China Relations, to discuss the implications of this changing of the guard on Knowledge@Wharton. Hosted on Acast. See acast.com/privacy for more information.

One year ago today, Hurricane Maria slammed into Puerto Rico causing mass devastation. Much of the island was left without power for months, almost 3000 people died from the storm and its aftereffects, and thousands of Puerto Ricans moved to the US mainland and haven't gone back. Knowledge@Wharton host Dan Loney discusses the state of the island now with Carla Minet, Executive Director of the Center for Investigative Journalism in Puerto Rico, and Charles Venator-Santiago, Associate Professor with a joint appointment in the University of Connecticut's Department of Political Science and the Institute for Latino, Caribbean and Latin American Studies. Hosted on Acast. See acast.com/privacy for more information.

Sara Schaer, Co-Founder & CEO of Kango, joins hosts Doug Collom and Irina Yuen to discuss her trustworthy ridesharing app for kids and busy parents on Bay Area Ventures. Hosted on Acast. See acast.com/privacy for more information.

John Hennessy, Chairman of Alphabet's Board of Directors and Former Stanford University President, joins hosts Mike Useem and Anne Greenhalgh to discuss his career in leadership and his new book, "Leading Matters: Lessons from My Journey," on Leadership in Action.Book - https://www.amazon.com/Leading-Matters-Lessons-My-Journey/dp/1503608018 Hosted on Acast. See acast.com/privacy for more information.

Host Laura Zarrow talks with Tina Tchen, Partner at Buckley Sandler LLP and former Chief of Staff to First Lady Michelle Obama, Assistant to President Obama, and Executive Director of the White House Council on Women and Girls, on her 30 year career in public service on Women@Work. Hosted on Acast. See acast.com/privacy for more information.

Hosts Jeremy Schwartz and Wharton Prof Jeremy Siegel are LIVE from the 2018 Jacobs Levy Conference in NYC, talking with Nobel Prize winning Economist Robert Shiller, and Robin Greenwood, the George Gund Professor of Finance and Banking at Harvard Business School, about the current market landscape and the changes in the 10 years post-financial crisis on Behind the Markets. Hosted on Acast. See acast.com/privacy for more information.

Business Radio Special: The Great Recession: What's Changed in 10 years Part 2 About one in five workers in the U.S, lost their job in the beginning of the Great Recession and many of them never recovered. What has happened to the millions of people who settled for work below the level in which they were qualified, for less pay? With an improved unemployment number today at 4%, compared to the height of the recession when the unemployment rate peaked at 10 %, the wages are not catching up with the jobs. To look deeper at the impact of The Great Recession on the jobs market, we are joined by Wharton Professor of management PETER CAPPELLI, who is also Director of the Center for Human Resources, IWAN BARANKAY, Associate Professor of Management and Associate Professor of Business Economics and Public Policy at Wharton, and DAVID LEWIS, Professor Emeritus of Management, Human Resources and Organizational Behavior at the UCLA Anderson School of Management. Then, from January 2009 to December 2013 the U.S. government prevented two of the “Big Three” car companies from going bankrupt by using over $80 billion from the Economic Emergency Stabilization Act. General Motors Company and Chrysler LLC were owned by the taxpayers, leaving the Ford Motor Company on its own. Was this the right decision for a sector of an indicator of the health of the economy? We’ll look at the management changes in the past 10 years and future of the American auto industry as they face staying competitive in a growing fuel-efficient and autonomous vehicle market. We’re joined by JOHN PAUL MACDUFFIE ,
 Professor of Management at the Wharton School and Director of the Program on Vehicle and Mobility Innovation at Wharton's Mack Institute for Innovation Management, and PAUL EISENSTEIN
publisher and editor of TheDetroitBureau.com. Next, Wall Street has taken quite a ride over the last decade. It lost almost half of its value due to the Great Recession and by some estimates, over $2 trillion in retirement savings was lost by the end of 2008. The recovery has opened the markets to incredible growth, including the Dow Jones Industrial Average crossing the 26,000 mark, Nasdaq breaking the 8,000 point threshold and the S&P finishing at just under 29,000 last month. But investors are still wary in the stock market as we may soon undergo a significant correction. To look back, and peer into the short and distant futures, JEREMY SIEGEL, joins us. He is a Professor of Finance at the Wharton School. As is GAD ALLON, a Professor of Operations, Information and Decisions, at the Wharton School. Finally, when the Great Recession hit, some people pointed a finger at business schools, asking why the MBAs who caused the economic turmoil weren't taught character and accountability. Business schools have been teaching ethics for decades, but did the financial crisis change the way academic institutions, like The Wharton School, emphasize corporate responsibility and ethics? We’re joined by ERIC ORTS, a Professor of Legal Studies and Business Ethics at the Wharton School, STEPHEN ARBOGAST, Professor of Practice of Finance and Director of the Energy Center at the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill. And ANITA CAVA, a Professor in the Business Law Department at the University of Miami Business School and  Co-Director of the University of Miami Ethics Programs. Hosted on Acast. See acast.com/privacy for more information.

Business Radio Special: The Great Recession: What's Changed in 10 years Part 1On September 15, 2008, Lehman Brothers declared bankruptcy which sent the stock market tumbling. The problems that started in the US soon spread to Europe.  Several European nations, including Greece, Italy, Portugal and Spain, faced austerity to deal with their debt, and still face issues today.  Wharton Finance Professor,  JOAO GOMES, and ERIK JONES, Director of European and Eurasian Studies, Johns Hopkins University School of Advanced International Studies, join us to discuss how the European Union dealt with the recession and its lasting impact. Then, Iceland was the textbook case of the global banking crisis. Back then, the three biggest banks in Iceland had assets that were 14 times the national economic output of the country. At the height of the crisis Iceland's debt was close to 100% of GDP. Today that number is 24.1%. We look at how the country recovered and the risks it still faces with PHILIP NICHOLAS, Wharton Professor of Social Responsibility in Business and Professor of Legal Studies in Business, and THORVALDUR GYLFASON, a  University of Iceland Economics Professor. Next, after Lehman Brothers collapsed and the stock market plunged, Congress passed a $700 billion bailout bill to save the US financial system. Corporations deemed "too big to fail" got help.  President George W Bush and, after his inauguration in January. 2009, President Barack Obama worked with Congress on new regulations for financial institutions, including the Dodd-Frank Act. Wharton Legal Studies and Business Ethics professors PETER CONTI-BROWN and DAVID ZARING join us to discuss how the banks recovered from the recession and where things stand now with regulations. Finally, one of the most significant parts of the financial crisis in the US was the housing bubble. Banks were making home loans often without down payments to people who couldn't afford them. When the bubble burst, millions ended up in foreclosure and various metropolitan areas around the country, like Las Vegas, Modesto and Fort Meyers, found themselves in dire economic times. Rules were changed to make it a lot more difficult to qualify for a mortgage, with more stringent requirements on down payments. We look at the housing crisis and how things look today with SUSAN WACHTER, Wharton Professor of Real Estate and Finance, and BENJAMIN KEYS, Wharton School Real Estate professor and Faculty Research Fellow at the National Bureau of Economic Research. Hosted on Acast. See acast.com/privacy for more information.

Jennifer Fitzpatrick, Gerontologist and Instructor at Johns Hopkins University, joins host Ken Smetters to discuss everything you need to know, consider, and plan for when making the transition into assisted living for yourself or a loved one on Your Money. Hosted on Acast. See acast.com/privacy for more information.

Host Jeff Voigt leads an expert panel discussion on the current dynamics surrounding end of life care in the US - is there such a thing as a good death? on The Business of Health Care. Expert Panelists include: Dr. Holly Prigerson, Irving Sherwood Wright Professor of Geriatrics at Weill Cornell Medicine (WCM) and Director of the Cornell Center for Research on End-of-Life Care; Dr. Connie Ulrich, Lillian S. Brunner Chair, Professor of Nursing, and Professor of Bioethics at the University of Pennsylvania's Perelman School of Medicine; and Dr. Philip Pizzo, David and Susan Heckerman Professor and Founding Director of the Stanford Distinguished Careers Institute. Dr. Pizzo co-chaired the National Academy of Medicine 2014 report on Dying in America: Improving Quality and Honoring Individual Preferences Near the End of Life.  Hosted on Acast. See acast.com/privacy for more information.