Tag Archives: business

J.C. Penney’s Bankruptcy “Hail Mary”

Wyatt Rose-J.C. Penney, the 118-year-old infamous clothing behemoth, is one of the latest retail companies to fall victim to the newer and cheaper e-commerce revolution. As a result of its struggles against e-commerce powerhouses like Amazon and Walmart—coupled with COVID-19 woes—J.C. Penney filed for Chapter 11 bankruptcy in May of this year. However, in a […]

Music Streaming Services’ Procedural Victory in Songwriter Royalty Rate Legal Battle

Sam Ross- Since the downfall of CDs and digital downloads and the inception of music streaming, artists and songwriters alike have expressed concern about a lack of compensation from streaming services. The business model of music streaming is quite different from that of physical or digital sales, in that songwriters and artists receive much less […]

Minor League Baseball Aiming for Major Pay Increase

Alex Picard- Two weeks ago, the Supreme Court denied Major League Baseball’s petition for certiorari, paving the way for a class action lawsuit against the MLB to proceed. The suit, initiated by a group of former Minor League players, alleged that Major League Baseball engaged in wage and hour violations under both the Fair Labor […]