The global supply chain is breaking under the COVID-19 pandemic

From medical equipment shortages to panic-buying, the links in supply chains are breaking but will serve as valuable learning lessons for the future, said Ednilson Bernardes, professor and program coordinator of the Global Supply Chain Management program, West Virginia University…

Disruption of sports has ‘substantial, uncertain’ impact on long-term broadcast rights, ticket sales, fan attendance, says economist

With fears over the novel coronavirus shuttering the sports world, Brad Humphreys, economics professor at West Virginia University, said the long-term economic impact could be “substantial” and “uncertain.” Humphreys, whose area of expertise is the economics and financing of sports, has authored several peer-reviewed…

Business strategy and economic development expert can speak about possible recession as a result of COVID-19 behavioral changes from consumers and cancellations

It might feel like 2008, but it’s not. Phil Powell, Indiana University Kelley School of Business associate dean of academic programs in Indianapolis and clinical associate professor of business economics and public policy, says he expects coronavirus fears and behavioral…

Novel coronavirus: Experts in epidemics, economics, disease modeling, other fields available for interview

Virginia Tech experts on a variety of subjects are available for media interviews related to SARS-CoV-2 (commonly referred to as the novel coronavirus.) Media experts: History of epidemics— Expert who studies history of epidemics: ‘Panic may be the worst possible response’…

Economics Expert: Combination of Coronavirus Uncertainty, Oil Crash Could Be Severe

With the global economy already slowing over coronavirus uncertainty, oil markets and stocks plunged even further Monday morning (March 9) after Saudi Arabia launched a price war against Russia over the weekend, dissolving their OPEC+ alliance.  Michael Noel, a competition…

Crowdfunding — entrepreneurs should resist the urge to promise to save the Earth

Entrepreneurs seeking funds on business-oriented crowdfunding platforms should avoid over-emphasising the social or environmental benefits of their start-ups or products if they are to maximise potential investment, a new study from the University of Bath and Polytechnic University of Milan shows.

Small Business Saturday has a real impact on your local economy, expert says

With ecommerce and access to national chains, small businesses can be forgotten during the holiday shopping season. By shopping small on Small Business Saturday, you can make a real impact on your local community, according to Rochelle Layman, regional director of Binghamton University’s…