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Run-DMC Founder Sues Amazon and Wal-Mart Over Trademark

Darryl McDaniels, the owner of Run-DMC, is seeking at least $50 million of damages from the retailers and other defendants over their alleged sale of glasses, hats, patches, T-shirts, wallets and other products.
Business News

Kate Spade Exploring Sale

The company, known for its quirky and colorful satchels and totes, reported lower-than-expected quarterly same-store sales last month.
Business News

Apple Hires Porsche Racecar Engineer

Alexander Hitzinger is quoted as saying he wanted to do something, 'which has a significant and direct impact on society' but stopped short of confirming he now worked at Apple.