Tag Archives: business

From Viral to Final: The TikTok Takedown

Cameron Weiss – TikTok, the popular social media platform with over a billion users worldwide, has become a cultural and economic phenomenon.  Known for its algorithm-driven “For You” page, TikTok is used by millions of Americans for entertainment, business, and even news consumption. A staggering 43% of U.S. users regularly get their news from TikTok, […]

Basketball’s Bargaining Battle: WNBA Players Fight for New Collective Bargaining Agreement

Kari Nodine – In October, the Women’s National Basketball Association (“WNBA”) completed a historic season, culminating in the league’s most-viewed Finals game in twenty five years. The next day, the WNBA’s players’ union, the Women’s National Basketball Players Association (“WNBPA”), seized the spotlight to announce that its players are going to opt out of their […]

TD Bank’s $3 Billion Wake-Up Call

Emily Brafman – On October 10, 2024, the Department of Justice (DOJ) announced that TD Bank has historically become the largest U.S. financial institution to plead guilty to failing to uphold anti-money laundering (AML) standards under the Bank Secrecy Act (BSA), failing to file accurate Currency Transaction Reports (CTRs), and engaging in money laundering. This […]

Pills, Power, and Profits: Unpacking the FTC’s Crackdown on PBMs and the Drug Pricing Dilemma

Noel C. Rodriguez – Last month, the Federal Trade Commission (FTC) filed a lawsuit against “The Big Three” pharmacy benefit managers (PMBs)– CVS Caremark, Express Scripts, and OptumRx– claiming that these companies manipulate drug prices to their advantage and contribute to the harsh realities Americans face in trying to afford life-saving medications. PBMs have played […]