By Zachary Atkins, Staff Writer In the wake of the 2007-2009 Financial Crisis, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act. In 2018, bipartisan legislation loosened these post-financial crisis safeguards. The rapid failure of Silicon Valley Bank (SVB) and Signature Bank over the course of one weekend […]
Post Tagged with: "business law"
Amazon’s 1st Union
By Nathan Polacek, Staff Writer Amazon.com, Inc. (“Amazon”) is a giant of a company that most of us likely interact with in some way each and every day, whether it is buying from their Amazon.com marketplace or their Whole Foods stores, watching a movie on Prime, or even going on […]
Modern Day Redlining
By Roshni Master, Staff Writer On March 18, a Black homeowner filed a complaint at the district court level in the Northern District of California against Wells Fargo Bank, claiming racial discrimination.1 The homeowner, Aaron Braxton, highlights how Wells Fargo continues to discriminate against Black Americans, preventing them from reaping the […]
The Investment Fund Based on Deceit
By Amber Pavucsko, Staff Writer As other funds were suffering the effects of the COVID-19 pandemic, Infinity Q’s funds were outperforming its competitors.[1] James Velissaris, the former Chief Investment Officer and founder of Infinity Q, was charged with fraud last month by U.S. authorities for inflating assets held in funds by […]
M&A Explained: The Amazon – Whole Foods Merger
By Joseph Baublitz, Staff Writer Amazon has made headlines recently by requesting proposals for a second headquarters that will be a “full equal” to the Seattle campus.[1] Amazon projects that the new headquarters could add up to up to 50,000 jobs.[2] Pittsburgh is among more than 100 cities all over […]
Hacking Profits: The Explosion of Cybercrime and the Cyber Insurance Market
By Kurt Valentine, Staff Writer Cybercrime is one of the biggest threats facing companies in today’s technology-driven society. In 2015, it is estimated that cybercrime cost businesses $400 to $500 billion.[1] That number is expected to increase to $2.1 trillion by 2019.[2] There have been numerous high-profile hacks. In […]