Lululemon sued Costco in California federal court, alleging that the wholesaler sells “knockoff” sweatshirts, jackets and pants that unlawfully copy its products.
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Category: Business
US Supreme Court to review billion-dollar Cox Communications copyright case
The justices took up Cox’s appeal of the lower court’s decision that it was still liable for copyright infringement by users of its internet service despite the decision to overturn the verdict.
Read More US Supreme Court to review billion-dollar Cox Communications copyright case
Chief economist Torsten Sløk: Trump may have ‘outsmarted all of us’ on tariffs, despite my prior criticisms
A leading Wall Street economist who previously criticized President Donald Trump’s tariff strategy now admits that the 47th president may have “outsmarted all of us” with his trade policies.
Read More Chief economist Torsten Sløk: Trump may have ‘outsmarted all of us’ on tariffs, despite my prior criticisms
S&P 500, Nasdaq near record highs as rate-cut bets creep up
Traders now price in a nearly 25% chance of the Fed cutting rates in July, compared with 12.5% last week, according to CME Group’s FedWatch tool.
Read More S&P 500, Nasdaq near record highs as rate-cut bets creep up
Ford recalls 133,000 Lincoln Aviators over risk of detaching parts
Ford is recalling 132,914 Aviator SUVs because parts, including rear door window bars, may detach due to insufficient adhesive retention.
Read More Ford recalls 133,000 Lincoln Aviators over risk of detaching parts
US safety board criticizes Boeing, FAA over 737 MAX 9 panel blowout
A National Transportation Safety Board investigation found ineffective actions by Boeing and ineffective oversight by the FAA that led to a mid-air cabin panel blowout in 2024.
Read More US safety board criticizes Boeing, FAA over 737 MAX 9 panel blowout