In the News

2024

  • MoneyGeek.com – March 21, 2024
    In a story about how to choose the best bank, Deanne Butchey, teaching professor of finance, noted that while deposits are insured for up to $250,000, customers should ensure that the bank is well managed and well capitalized because poor economic conditions and bank losses can impact the ability to get your deposits back. “The earlier one learns to save and becomes financially literate, the better,” she said.
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  • Wired – April 17, 2024
    In a story about a new trend in which developers build apartment complexes for Airbnb, Eli Beracha, director of the Hollo School of Real Estate at FIU Business, explained that the concept is still untested and the city could change rules around rentals. “Basically you buy a large hotel room,” he said.
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  • Tech News Insight – April 15, 2024
    In a report on converting shopping malls into residences, Eli Beracha, director of the Hollo School of Real Estate at FIU Business, explained that While the empty lots might be considered for mixed-use space because of their prime location, putting the idea into action isn’t that simple. “It’s extremely, extremely difficult to convert a shopping mall into residential space just by altering space,” he said.
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  • NBC Miami – April 14, 2024
    In a report on converting shopping malls into residences, Eli Beracha, director of the Hollo School of Real Estate at FIU Business, explained that While the empty lots might be considered for mixed-use space because of their prime location, putting the idea into action isn’t that simple. “It’s extremely, extremely difficult to convert a shopping mall into residential space just by altering space,” he said.
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  • Hypermedia Magazine – April 14, 2024
    En respuesta a la grave escasez de viviendas en Miami, una nueva tendencia es la transformación de centros comerciales en unidades residenciales. Eli Beracha, director de la Escuela Hollo de Bienes Raíces de la Universidad Internacional de Florida, señala que las ubicaciones estratégicas de estos centros comerciales los hacen ideales para la reurbanización, aunque retos como la zonificación y las conversiones estructurales requieren una inversión y planificación significativas.
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  • Florida Politics – April 11, 2024
    A story on how prices for buying homes sunbelt states, including Florida, are climbing so high that renting may be a better option how cited the “price-to-rent ratio” report from FIU Business and Florida Atlantic University. “Regardless of cause at this point, home pricing has simply outstripped rents, placing downward pressure on prices in these metros,” said Eli Beracha, director of FIU Business’s Hollo School of Real Estate.
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  • Miami Today – April 9, 2024
    In a story on the potential impact interest rate changes may have on certificate of deposit sales, Manuel Lasaga, clinical professor of finance at FIU Business, noted that if these begin to decline banks may prefer other types of deposits. “Shorter-term deposits, where let’s say deposits that pay significantly lower interest rates like savings deposits or other forms, money market accounts versus the CD,” he said.
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  • El Nuevo Herald – April 9, 2024
    A story about programs that provide assistance to small businesses in Miami-Dade County highlights BizGap – established by Florida Small Business Development Center at FIU Business and U.S. Rep. Maria Elvira Salazar (FL-27). BizGap, que se nutre de una subvención de $650,000 para proyectos comunitarios de la Administración de Pequeños Negocios de Estados Unidos, asistirá a 1,000 pequeños negocios del Distrito 27 en un año.
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  • CBS Miami – April 8, 2024
    In a report on how business schools are redefining their curriculums to incorporate artificial intelligence, Lina Bouayad, associate professor of information systems and business analytics, explained how FIU Business revised the MBA in Business Analytics program into an MBA in Artificial Intelligence. “We provide real business scenarios and students get to complete hands-on projects using AI within the business,” she said.
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  • South Florida Business Journal – April 3, 2024
    A story about the impact of inflated South Florida home prices and uncertainty over commission rule changes from the National Association of Realtors' settlement will have on local realtors, cited research from FIU Business and Florida Atlantic University. According to the Beracha, Hardin & Johnson National Price-to-Rent Ratios Monthly Report the average price for both condos and houses in South Florida was $477,917 as of February 29.
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  • MoneyRates – April 3, 2024
    In a story about home title fraud, Suzanne Hollander, associate teaching professor at the Hollo School of Real Estate, explained that the issue is often misunderstood. “Home title fraud is essentially a burglar stealing your entire house and maybe even selling it to someone else while you are living in it – and without your knowing about it,” she said.
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  • MarketScale – April 2, 2024
    In a story on innovations in drone technology and how AI-driven safety protocols are paving new paths for efficiency and security in logistics solutions, Craig Austin, associate teaching professor of logistics and supply chain management, explained that a range of companies using AI and artificial intelligence to expand and beef up the capabilities of their drones. “… means that we’re a step closer to getting packages via drone,” he said.
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  • Bisnow – March 26, 2024
    In a story about Miami’s gains in leasing from the companies that service financial market leaders, Suzanne Hollander, assistant teaching professor at the Hollo School of Real Estate, explained that these institutions “… don't have to justify why they're choosing South Florida as a headquarters or as a place that they're going to be doing business.” Bisnow is a business-to-business e-newsletter focused on commercial real estate.
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  • The Business Journals – March 25, 2024
    A story on the debate between renting and owning property cited the BHJ National Price-to-Rent Index produced by FIU Business and Florida Atlantic University. Markets such as McAllen, Texas and San Jose, California, posted the highest price-to-rent premiums at 22.7% and 22.5%, respectively. This suggests that in these locations, tenants may get more bang for their buck compared to buyers.
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  • NBC Miami – March 24, 2024
    In a story on the growing number of skyscrapers in Miami, which now has 25 under construction, Eli Beracha, director of the Hollo School of Real Estate at FIU Business, explained that it’s a sign that people want a different way of living that could bring economic growth to the area. “The only way that you can really grow here in Southeast Florida is going up," Beracha said.
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  • Cuba en Miami – March 24, 2024
    ¿Sabía que Miami ocupa el tercer lugar entre las ciudades con rascacielos más altos de EEUU? La ciudad del exilio se encuentra entre las de más rápido crecimiento en términos de altas edificaciones en el país. Eli Beracha, profesor y director de la Escuela de Bienes Raíces Tibor y Sheila Hollo, “la única manera de que realmente se pueda crecer aquí en el sudeste de Florida es hacia arriba.”
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  • Infobae (Argentina) – March 26, 2024
    Miami ocupa el tercer lugar en Estados Unidos por la cantidad de edificaciones altas, situando a la ciudad en un notable proceso de expansión vertical. Según Eli Beracha, profesor y director de la Escuela de Bienes Raíces Tibor y Sheila Hollo, la construcción de estos rascacielos, aunque dirigida a un segmento del mercado de mayor poder adquisitivo, podría generar empleos y dinamizar diversas áreas de la economía local.
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  • Radio Monumental (Costa Rica) – March 26, 2024
    La creciente silueta de Miami, marcada por un horizonte en constante transformación debido a la proliferación de rascacielos, señala un importante cambio en su estructura urbana y demográfica. Eli Beracha, profesor y director de la Escuela de Bienes Raíces Tibor y Sheila Hollo, ve en la expansión un potencial para el crecimiento económico y la creación de empleo, señalando que el desarrollo responde a una demanda del mercado.
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  • MoneyGeek – March 24, 2024
    In a story on the best credit cards for consumers with no credit, Deanne Butchey, teaching professor of finance, explained that a person with no credit history and, as a result, a low FICO will only be able to access a credit card without either paying a high APR or by using a credit card that is backed with collateral or a bank account.
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  • GlobeSt.com – March 21, 2024
    A story about state housing markets most likely due for a price correction, cited the BHJ National Price-to-Rent Index, research from FIU Business and Florida Atlantic University. “Regardless of cause at this point, home pricing has simply outstripped rents, placing downward pressure on prices in these metros,” said Eli Beracha, director of the Hollo School of Real Estate at FIU Business. GlobeSt. is a leading source of news, analysis and intelligence on commercial real estate.
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  • U.S. News & World Report – March 21, 2024
    In a story about how any undergraduate major can lead to business school, Angel Burgos, executive director of graduate programs at Florida International University's Chapman Graduate School of Business, explained that applicants with diverse academic backgrounds are welcome. Work experience is key. “We look at management experience, of course, we look at relevant jobs in the business sector,” he said.
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  • WTOP News – March 21, 2024
    In a story about how any undergraduate major can lead to business school, Angel Burgos, executive director of graduate programs at Florida International University's Chapman Graduate School of Business, explained that applicants with diverse academic backgrounds are welcome. Work experience is key. “We look at management experience, of course, we look at relevant jobs in the business sector,” he said.
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  • WalletHub – March 21, 2024
    In a story about business bank accounts, Joshua Dorsey, advanced assistant professor of marketing, explained that before starting one, the business must be viable. Consumers must make sure that the company has a proper business plan, potential client base and other necessary infrastructure. “If your business is not yet ready, these will quickly become your personal obligations,” he said.
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  • WalletHub – March 20, 2024
    In a story about credit cards for people with excellent credit, Deanne Butchey, teaching professor of finance, explained that When the economy is doing well there are less chances that people default on their debt. Therefore, credit card companies will be more liberal in their criteria of excellence. However, if there are increased chances of poor economic conditions, the card companies may become stricter of what constitutes excellence.
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  • The National Interest – March 19, 2024
    In an op-ed, Jerry Haar, professor of international business, wrote that the development community, governments, the private sector and the public at large should cheer a new, groundbreaking initiative of the Inter-American Development Bank (IDB)—BID for the Americas. This entrepreneurial endeavor aims to help U.S. businesses unlock billions of dollars in untapped economic opportunities in the Latin America and Caribbean region.
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  • The Financial Express – March 17, 2024
    A story on how cloud computing, artificial intelligence (AI), and data analytics are transforming the financial landscape and the capital markets industry, cited an article from FIU College of Business indicating that in the U.S. stock market, 70% of conventional trading is initiated with the help of AI.
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  • GlobeSt. – March 15, 2024
    A story about overvalued housing markets cited research from FIU Business and Florida Atlantic University indicating that equity gains remain strong for current homeowners and prices are slightly more stable for prospective home buyers. “All in all, these are good signs for the housing market,” said Eli Beracha, director of the Hollo School of Real Estate at FIU Business.
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  • Naples Daily News – March 14, 2024
    A story about housing price premiums cited research from FIU Business and Florida Atlantic University which indicated that home prices in Southwest Florida's fastest growing city – Cape Coral – are 'stabilizing'. Eight out of the 10 most overvalued markets have started to edge back down toward their long-term pricing trends. Cape Coral, the second most overvalued market in the study, had a 62-basis point decline.
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  • Florida Realtors – March 13, 2024
    A story about stabilizing housing premiums cited research from FIU Business and Florida Atlantic University indicating that some Florida markets – including Cape Coral and Tampa – are seeing housing premiums decline, providing greater opportunities for buyers and reducing the risk for losses. “Equity gains remain strong for current homeowners and prospective homebuyers can get a little breather…,” said Eli Beracha, director of the Hollo School of Real Estate.
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  • The Hill – March 12, 2024
    In an op-ed, Jerry Haar, professor of international business, wrote that “free trade” will retain a central role in political discussions and policymaking for the foreseeable future. At the end of the day, actions speak louder than words. Government support of sound pro-market policies, strong enforcement of trade rules and private sector initiative above all can produce the benefits that workers, communities and individual citizens seek and deserve.
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  • Financial Times – March 10, 2024
    In a story on how top business schools are incorporating various formats for their MBA programs, William Hardin, dean of FIU Business, explained that the college offers in-person, online and hybrid but also “blended.” He added that participants of FIU Business MBAs are able to switch “à la carte” between different formats to suit their schedules.
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  • The Real Deal – March 4, 2024
    A story on the state of South Florida’s real estate market cited an assessment by Florida International University indicating that renters are cost burdened. The report noted that renters are paying more than 30 percent of their income for rent.
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  • Forbes – February 29, 2024
    A story on how under the right circumstances humor can be effective for executives cited research co-authored by Nathan Hiller, professor of management, who noted that there is plenty of empirical evidence suggesting that humor is a great vehicle to communicate new ideas, point out logical discrepancies, or address sensitive issues. The research findings indicate humor helps leaders open the minds of their audience.
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  • The Burning Platform.com – February 27, 2024
    In a story about the value of Donald Trump’s Mar-a-Lago club in Palm Beach, Florida, Eli Beracha, director of the Hollo School of Real Estate, noted it’s difficult to assess. “Some people are going to argue that not everyone likes Trump — some people would actually pay less because of that. But the high bidder is probably going to be a person who buys it because it belonged to Trump,” he said.
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  • MarketScale – February 23, 2024
    In a story on how artificial intelligence is reshaping how goods are managed and delivered in supply chain and logistics, Craig Austin, associate teaching professor of logistics and supply chain management, explained the innovations leading the supply chain and logistics revolution. “Robots can pick and pack orders faster and more accurately than humans… they also detect defects in the merchandise much quicker,” he said.
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  • South Florida Business Journal – February 23, 2024
    In a story on the Journal’s Economic Outlook event, Eli Beracha, director of the Hollo School of Real Estate at FIU Business, pointed out that Florida is a snapshot of a robust economy, especially from the perspective of the real estate sector. He said he is “very optimistic about the future of the real estate market nationally and in South Florida.”
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  • CBS Miami – February 20, 2024
    In a report on retirees rejoining the workforce, Deanne Butchey, teaching professor of finance, explained that many are coming out of retirement due to the high cost of living. “Every time there is some shock to the system, we saw people who recognize that their retirement savings was decimated. Today the issue is because of several years of inflation,” she said.
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  • Lynwood Times – February 16, 2024
    In a story about the valuation of Donald Trump’s real estate properties – including New York Trump Tower and his golf courses - to increase it on his financial statements, Eli Beracha, director of the Hollo School of Real Estate, explained that appraisal values and market values are not the same thing. “That’s especially true for properties that are unique. And it’s very easy to argue this is a unique property,” he said.
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  • MoneyGeek – February 14, 2024
    In a story about making charitable donations, Kimberly Taylor, professor of marketing and logistics, suggested donors make sure the charities have existed for a while and see what they say about how they use the money. I'd also recommend checking them out on Charity Navigator, Charity Watch, Guidestar or the Wise Giving Alliance. “Make sure you're giving your money to a reputable organization,” she said.
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  • CBS Miami – February 20, 2024
    Deanne Butchey, a finance professor at Florida International University, joined CBS News Miami to discuss why a number of retirees are coming out of retirement. Every time there is some shock to the system we saw people who recognize that their retirement today the issue is because of several years of inflation.
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  • Lynwood Times – February 16, 2024
    In a story about the valuation of Donald Trump’s real estate properties – including New York Trump Tower and his golf courses - to increase it on his financial statements, Eli Beracha, director of the Hollo School of Real Estate, explained that appraisal values and market values are not the same thing. “That’s especially true for properties that are unique. And it’s very easy to argue this is a unique property,” he said.
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  • The Capitolist – February 12, 2024
    A story highlighted FIU Business’s achievements in online education, with its online business master’s program ranked ninth nationally, making it the top program in Florida, by U.S. News & World Report for 2024. FIU Business dean William Hardin noted that the school launched online programs more than 20 years ago. “FIU Business was a pioneer in online business education,” he said.
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  • BusinessNews – February 12, 2024
    A story on the increasingly lucrative online content creation businesses noted FIU Business’s academic programs in social media-related fields that focus on this ever-growing industry. Nancy Richmond, associate teaching professor of marketing, explained that to be an influencer, one must be strategic and have a plan. Identifying the target market and your niche are key. “People want to follow real people; they don't want to follow companies,” she said.
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  • GlobeSt. – February 12, 2024
    A story identifying New Orleans, Louisiana as the best area purchase a home, cited research from FIU Business and Florida Atlantic University. However, Miami is an area of concern. “Miami is the only place in the country where not only have home prices not gone down… the price-to-rent ratio is the highest it has been in almost nine years,” said Eli Beracha, director of the Hollo School of Real Estate.
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  • CBS News Miami – February 12, 2024
    A story on the increasingly lucrative online content creation businesses cited FIU Business’s academic programs in social media-related fields that focus on this ever-growing industry. Assistant teaching professor of marketing Nancy Richmond explained that strategy is key developing a plan, identifying your market and niche as well as being authentic. “People want to follow real people; they don't want to follow companies,” she said.
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  • South Florida Business Journal – February 8, 2024
    A story about the continued increase of home prices in South Florida, cited research from FIU Business and Florida Atlantic University. Eli Beracha, director of the Hollo School of Real Estate, indicated that most parts of the U.S. are returning to their long-term price trends, except Miami. Prices haven’t declined and “the price-to-rent ratio is the highest it has been in almost nine years," he said.
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  • Builder – February 6, 2024
    A story identifying New Orleans, Louisiana as the best area purchase a home in cited research from FIU Business and Florida Atlantic University which found homes are currently selling at an average price of $235,103, which is 5.09% below the area’s long-term pricing trend. The price-to-rent ratio, at 12.53%, is below average as well making it preferable to buy versus rent.
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  • I Advance Senior Care – February 6, 2024
    In a story on the marketing challenges faced by senior care communities, professor of marketing Anthony Miyazaki explained that social media and websites can build that element of trust. “Because senior care is such a personal service, social media accounts and websites that show the personal side of the organization will help to build trust with prospective residents and their families,” he said.
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  • Peru 21 – February 2, 2024
    Universidad Privada del Norte designa a Martín Santana Ormeño como rector Santana Ormeño es ingeniero industrial graduado de la Universidad de Lima con Ph.D. en administración de empresas en Florida International University - College of Business.
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  • CBS News Miami – January 22, 2024
    In a story on FIU Business’s new certificate program for condo board members, professional condominium association manager Patrick Hohman, who teaches the program, explained it provides a more in-depth knowledge for board members and owners. "The areas that we cover include staying organized, having a manager organizing and leading major renovations, that is huge where 60 percent of the condos are more than 30 years old," said Hohman.
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  • WalletHub – January 22, 2024
    In a story about the decision-making process to declare a vehicle a total loss, Arun Upadhyay, professor of finance, explained that an insurance company would declare the car a total loss because the repairs cost more than the vehicle's value. The car owner cannot determine whether it has been totaled after the accident, he added. It is the insurance company that determines this condition.
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  • CBS News Miami – January 19. 2024
    In a story on the growing use of buy now, pay later options to finance purchases, Deanne Butchey, professor of finance, explained that it is helpful but requires consumers to be very disciplined, budget appropriately and make payments on time to avoid late payments or interest charges. “What you may want to do is put aside money so any loans can be repaid before the grace period,” she said.
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  • Miami Herald – January 18, 2024
    In a story about the legal fallout of property owners paying real estate commissions, Suzanne Hollander, assistant teaching professor at the Hollo School of Real Estate, noted that it could change how much money buyers and sellers of homes pay agents in the future. “Sellers are pushing back. They’re saying, ‘Why should I be paying the buyer’s commission?’” said Hollander.
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  • Medill News Service – January 17, 2024
    In a story on the forecast interest rate cuts during 2024, Craig Austin, associate teaching professor of logistics and supply chain management, noted that supply chain, rather than demand, is behind the increased price levels despite the fact that the pandemic effects have failed. “I think demand is good, but it’s not what’s driving the prices. It’s really going to be supply chain issues,” he said.
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  • Miami Today – January 16, 2024
    A story on the increased strength and momentum of consumer spending in South Florida’s economy, presented insight from Manuel Lasaga, clinical professor of finance, noted that while 2023 saw a dent in some areas, spending would continue to grow this year. “The financial system here in South Florida is going to probably be looking out for some type of headwinds and some degree of uncertainty, but we will still see growth,” he said.
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  • MarketScale – January 16, 2024
    In a story on how auto manufacturers and part makers are adapting to the ongoing challenges in the automotive supply chain, and why it so difficult, Craig Austin, associate teaching professor of logistics and supply chain management, highlighted innovative strategies that can help. “The most complete solution to resolve this disruption in the auto parts industry would be for manufacturers to provide an inventory backstop,” he said.
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  • Construction Briefing – January 14, 2024
    In a story on concerns attacks on shipping in the Gulf of Aden in the Red Sea could disrupt supply chains, Andrea Patrucco, assistant professor of supply chain management, through delayed shipments and increased transportation costs. The region is a key route for materials like steel and other construction commodities. “If suppliers can reroute or use different sources without substantial cost increases, the impact might be less severe,” he said.
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  • Miami Today – January 11, 2024
    In an op-ed, Jerry Haar, professor of international business, wrote that defining the Canada-South Florida relationship as one centered on tourism and real estate paints an erroneous picture of the commercial interactions between them. He noted that four areas where both South Florida and Canada thrive, jointly as well as individually, are: trade, science and technology, start-ups and renewable energy. “The main challenge before us is to broaden and deepen that relationship, to the benefit of all,” he said.
     
  • Market Scale – January 8, 2024
    In a story about artificial intelligence’s increasing impact on the logistics industry and the future supply chain management, Craig Austin, associate teaching professor of logistics and supply chain management, explained it will be the most transformative of the current trends. “Inventories can be better tracked and better managed, and you don’t have the overstocking which costs a company’s money or the stock out which anger customers,” he said.
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  • Q105.com – January 8, 2024
    In a story about the most expensive cities in Tampa for home buyers, Eli Beracha, director of the Hollo School of Real Estate explained that without higher interest rates Florida real estate prices would reaccelerate due to increased demand relative to the supply of units. “We are witnessing a transition in Florida’s economy and our housing markets around the state are experiencing growing pains from this transition,” he said.
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  • FreightWavesNow – January 5, 2024
    In a story about FIU Business’s supply chain and logistics program plus its draw for students, Andrea Patrucco, professor of marketing and logistics, explained that faculty cover a broad range of processes, including procurement, inventory management, distribution and transportation. “We give them a set of tools that allow them to be well prepared to take over any type of job position and opportunity that companies today are looking for,” he said.
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  • The Hill – January 4, 2024
    In an op-ed, Jerry Haar, professor of international business, wrote that in the aftermath of the global pandemic and in light of increasing tensions in between the U.S. and China, “nearshoring” has emerged as a major issue in global production and distribution. “Still another factor leading to shortages was production disruptions due to China’s strict lockdowns, which were hastily implemented, and the shutdown of Chinese manufacturing facilities with little notice,” he said.
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  • MoneyGeek - January 4, 2024
    In a story on behavioral finance theory, Deanne Butchey, professor of finance, noted individuals can be emotional and have limited self-control when it comes to their finances. Still, they are able to assess these errors and biases which can help them make informed financial decisions. “Individuals need to recognize that most of the time, we are rational individuals making sensible choices, but occasionally we do irrational things,” she said.
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  • MoneyGeek - January 2, 2024
    In a story about zero-interest credit cards, Deanne Butchey, professor of finance, noted these present benefits that require a lot of organization, but risks as well. Large purchases on that card can affect one’s credit score especially if it is for a large percentage of the available credit. Benefits include balance transfers and transferring high-interest credit card debt. “One must be very organized and diligent,” she said.
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