Business

Former Eagles linebacker Connor Barwin and five fellow graduates of the Wharton School’s MBA program have pooled $5 million together to purchase 90% of Pallacanestro Trieste, an Italian basketball team.

PIK Professor Herbert Hovenkamp says that a dispute by a group of Puerto Rican jockeys was purely about compensation and labor issues, rather than separate economic activities that could raise antitrust issues.

A report by the Penn Wharton Budget Model found that tax receipts are running $150 billion below government projections for fiscal year 2023, due mainly to a drop in capital gains income and weakening corporate profit margins.

David Zaring of the Wharton School says that investors should look for companies whose business they understand.

A paper co-written by Olivia Mitchell of the Wharton School finds that only 43% of respondents are able to correctly answer three basic questions about financial literacy.

Kent Smetters of the Wharton School says that the fight over government finances amounts to a game of chicken that could lead to extremism.

Vincent Buccola of the Wharton School explains the basic theory of bankruptcy and the options available to municipalities configuring a restructuring plan.

Witold Henisz of the Wharton School says that many asset managers are being attacked from both sides of the political spectrum, whether for representing “woke” interests or for not being progressive enough.