UCI News

KNBC, Feb. 5, 2021 (Video)
UCI Conducts Clinical Trial on Promising New COVID Treatment
UCI is conducting a clinical trial on a promising new COVID-19 treatment. … Dr Richard Lee, [UCI assistant clinical professor, school of medicine, said], “Patients with COVID-19 have very low oxygen levels and we’re hoping that this drug can have a beneficial effect on patients’ lungs to improve their oxygenation.”

PBS Newhour, Feb. 6, 2021
Can you safely play indoor sports during the pandemic?
“This is dominantly a close-distance disease,” said Susan Huang, an infectious diseases expert at the University of California, Irvine School of Medicine. … “Think about the closeness, proximity and physical contact of the sport.” Huang said. “What’s the likelihood that my breath will make it into someone’s face?” … “One of the major issues is that even if you’re really close to someone’s face, it doesn’t matter how good the ventilation is,” Huang said.

International Business Times, Feb. 8, 2021
GameStop And The Revenge Of The Retail Investors
Once upon a week ago or so, evil hedge funds profited from falling stock prices of such companies like GameStop, AMC theaters, and BlackBerry. But a noble band of brave Reddit social network users raised money, invested, and beat back the oppressing forces of Wall Street. … “This is a moralistic bubble,” said David Hirshleifer, a [Distinguished] professor of finance at the University of California, Irvine and an expert in investor psychology. “A large part of the reason for buying the stock was to punish hedge funds, which are viewed as bullies or predators who are attacking good firms.”

MarketWatch, Feb. 8, 2021
Is Tesla’s $1.5 billion bitcoin buy smart corporate finance? Experts weigh in
“I think this is awful strategy on many, many levels,” Christopher Schwarz, associate professor of finance and faculty director of the Center for Investment and Wealth Management at the University of California, Irvine in emailed comments. “In essence, this is like creating [currency] risk since none of Tesla’s suppliers are paid in bitcoin,” Schwarz told MarketWatch.

Salon (The Revelator), Feb. 9, 2021
The Western United States is a hotspot for snow droughts
“The common ways to measure droughts are through precipitation, soil moisture and runoff,” says Laurie S. Huning, an environmental engineer at the University of California, Irvine. Her most recent work adds another dimension to that by looking at water stored in snowpack. Huning is the co-author of a study in the Proceedings of the National Academy of Sciences, with UC Irvine colleague [Professor of engineering] Amir AghaKouchak, which developed a new framework for characterizing “snow droughts.” These can occur when there’s an abnormally low snowpack, which may be triggered by low precipitation, warm temperatures or both. Their research is timely.

Previously “In the News”