Posts by Business Editor

By: Paul Zajde “Why wouldn’t I stay at his hotel blocks from the White House[?] . . . Isn’t it rude to come to his city and say, ‘I am staying at your competitor?’”[1] Indeed, as this foreign diplomat opined in 2016, it is quite rude, and a rude diplomat is an oxymoron. That is why over…

By: Olivia Hines On June 17, 2020, FaZe Clan, a prominent esports organization, was denied a motion for summary judgment in its suit against its former player Turner Tenney, also known for his online name “Tfue”.[1]  Tenney left the organization after a downturn in the relationship with the FaZe Clan organization, with the goal of starting…

By: Declan Andersen In two memos released on August 7th and October 16th 2020, the Internal Revenue Service (“IRS”) addressed the question of whether payments made by Daily Fantasy Sports (“DFS”) players constitute “wagers” under §§ 165(d) and 4401 of the Internal Revenue Code (“IRC”).[1] In its August memo, the IRS determined that DFS payments do…

By: Kailin Wu On June 22, 2020, the Trump Administration issued a proclamation suspending the issuing process for new H-1B visas.[1]  The proclamation resulted in several major U.S. companies bringing suit against the administration.[2]  These industries have a long history of hiring highly skilled foreign-born workers.[3] For years, U.S. businesses have employed non-U.S. citizens through…

By: Monica Fritsch On October 13, 2020, the World Trade Organization (“WTO”) ruled that the European Union may impose tariffs on approximately $4 billion worth of American products in response to illegal subsidies given to Boeing, an American aircraft manufacturer.[1]  The ruling confirmed that the United States failed to comply with WTO subsidy rules and…

By: Kali Fleming Poultry companies have faced lawsuits and investigations concerning price fixing in the past, yet not much incriminating evidence has been found.[1]  In 2016, a civil class action lawsuit was filed in the District Court for the Northern District of Illinois, alleging that a number of the United States’ largest poultry companies “conspired…

By: Alexander Dourian John Chayka unexpectedly stepped down from his role as General Manager of the Arizona Coyotes NHL club in late July 2020, right as the team was preparing to enter the NHL’s 2020 playoff tournament held in Edmonton, Alberta.[1]  It came as quite a shock to the hockey world as Chayka had previously…

By: Demitri Dawson Trademark infringement may have just gotten a little easier.  Later this year, the Supreme Court is likely to hear arguments on Jack Daniel’s Properties Inc. v. VIP Products LLC.[1]  This case presents intriguing questions about the application of the First Amendment to the Lanham Act.[2]  VIP Products LLC (VIP) manufactures and sells…

By: Breann Bell In 2019, Congress opened a bipartisan investigation into the four major tech firms to address concerns about competition in digital markets and anticompetitive conduct.[1] Following the investigation, which included a hearing in which the CEOs of Apple, Alphabet (Google), Amazon, and Facebook were questioned by members of Congress about the practices and…

By: Aya Abdellatif While many may not understand the futures commodity market, it plays an important role in the lives of most Americans.[1] The futures commodity market is extremely important because of its effect on different prices of goods that are integral to the American economy including corn, coffee, gold, etc.[2] Recently, the Commodity Futures…