Managing Online Reputation: “Becoming Reputable”

Posted by Sheyenne Hurt-Lewis. Customer reviews are extremely important to the reputation of a business. In today’s technological era, it is becoming imperative for businesses to manage their online reputation though social media and other outlets. Reviewing sites such as Yelp, Twitter, and Facebook can be used as means of reforming and promoting businesses. Dan Simons, …

IRS Seizing Bank Accounts Appearing as Part of “Structuring” Ahead of Formal Charges

Members of organized crime, drug dealers, and terrorists transact their “business” in cash to hide their tracks. As part of a scheme to launder money (make it look it was earned legitimately), criminals will deposit their ill-earned cash in bank accounts. In response, Congress passed the Bank Secrecy Act, requiring banks to assist the government in catching money …

SCOTUS Permits Texas Voter ID Law Before November Elections

The Supreme Court issued an order denying an application to vacate the Fifth Circuit’s stay of a district court’s final judgment enjoining the enforcement of a Texas voting statute. The statute requires voters to produce identification before they vote. Business law students learn about injunctions (in this case, the court’s power to stop a party from acting) as …

General Motors May Face Punitive Damages Over Ignition Switches

Posted by Jessica Page. General Motors Co. has recently been in the news for its faulty ignition switches in over 2.6 million of the company’s Chevrolet Cobolts and other models that were recalled in 2014. The faulty ignition switches were found to “slip out of the run position and disable features including air bags.” This …

On Drug Pricing, States Step In Where Washington Does Not

Posted by Samantha Staudt. One in five Americans have reported that they have skipped medicine doses or failed to fill a prescription each year because of the cost of the medicine.  This statistic is outrageous and states have to start doing something about it because the federal government will not.  Certain states, like Nevada, have …

JP Morgan Chase Says 76 Million Households And 7 Million Businesses Affected By Data Breach

Posted by Giancarlo Barrera. First it was Target, Home Depot, and now, JPMorgan Chase.  They are the next victim under cyber attack. Chase is the biggest bank by assets in the US. They are also the dominate bank in New York City, where the majority of banks’ cooperate headquarters are located . “JPMorgan Chase has …

SCOTUS Permits Texas Voter ID Law Before November Elections

The Supreme Court issued an order denying an application to vacate the Fifth Circuit’s stay of a district court’s final judgment enjoining the enforcement of a Texas voting statute. The statute requires voters to produce identification before they vote. Business law students learn about injunctions (in this case, the court’s power to stop a party from acting) as …

Tighter Federal Regulation On Cryptocurrencies Is Reasonable

Posted by Xiaoxie Zheng. Now, more and more countries are beginning to regulate bitcoin and other cryptocurrencies. In this essay, I’ll focus on bitcoin. Unlike the French currency, there is no national credit endorsement behind bitcoin, and no guarantee of legal significance. It is implemented by the rules set by a group of people. Here are the main …