Elon Musk, the CEO of Tesla and SpaceX, first unveiled his vision of Hyperloop in a 58-page white paper in 2013.1 The Hyperloop, the passenger capsule envisioned to run at 760 mph between Los Angeles and San Francisco, was introduced as an alternative to the $70 billion California high speed rail project, at only one…
Tag: Regulation
ANHEUSER-BUSCH AND SABMILLER APPROACH A MERGER DEAL
After weeks of tense negotiations and a very public standoff between the two companies, Anheuser-Busch InBev has finally managed to convince SABMiller PLC to accept their takeover bid of $104.2 billion dollars (approximately $68 per share), meaning they are poised to “dominate much of the world’s beer market.”1 Negotiations stretched over weeks between officers of…
The Ongoing Battle for Net Neutrality
Net neutrality is not a topic that is unfamiliar with controversy. And the controversy spreads across various different studies and disciplines—issues can range anywhere in the gamut from Constitutional questions about one’s right to freedom of speech or business concerns that arise due to unequal access to certain companies’ websites, among others. So what exactly…
Increased Regulations on App-based Car Services
Uber, the fast-growing app-based car service, is becoming increasingly popular across the country and the world. Because of its critical mass, Uber is now a legitimate competitor to traditional taxi operators – competing on both price and service. But like a teenager, Uber is realizing that growing up fast can be a bit complicated. Going…
Volcker Compliance: Spirit vs. Substance
Wall Street is innovative, well known for continuously developing new ways to make money through the financial markets. In the early 2000s, Wall Street innovations allowed more Americans to become homeowners than ever before. Those same innovations allowed the negative effects of the bursting housing bubble to permeate the entire financial system. In the present,…
Challenging “Too Big to Fail” Designation
The widening scope of the Financial Stability Oversight Council’s “too big to fail” designations has caused alarm in the financial sector and, in the case of MetLife, inspired legal action. In response to the 2008 global financial crisis, Congress formed the Financial Stability Oversight Council (“FSOC”) as part of the reforms initiated by the 2010…
Bitcoin Regulation
Recently, Mark Wetjen, a commissioner of the Commodity Futures Trading Commission, published an op-ed in The Wall Street Journal calling for the regulation of the digital currency, Bitcoin.1 Citing the need of merchants to hedge exposure to fluctuations in Bitcoin’s value, trading platforms beginning to list Bitcoin derivatives contracts, its financial innovative capabilities, and the…