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Costco has been ordered by a federal judge to pay Tiffany & Co. more than $19 million for selling diamond rings that were identified as “Tiffany.”
In her ruling, Manhattan judge Laura Taylor Swain wrote that upper management at the wholesale club “displayed at best a cavalier attitude toward Costco’s use of the Tiffany name” when selling about 2,500 rings, The Washington Post reported.
In a 2015 trial, Costco argued that the word “Tiffany” had become a generic descriptor used to define a specific style of engagement ring. Nevertheless, the jury concluded the retailer had unlawfully taken advantage of the Tiffany brand to generate $3.7 million in profits over several years.
In addition to paying the damages, the wholesale club will be prohibited from labeling their products as “Tiffany” without using a modifier like “setting,” "style" or “set.”
Costco plans to appeal this week’s decision, calling it “a product of multiple errors in pretrial, trial, and post trial rulings.”
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Wells Fargo announced a board shakeup Tuesday, including the coming retirement of three directors, in a restructuring effort following the bank's consumer sales scandal, CNBC reported.
Elizabeth "Betsy" Duke will take Stephen Sanger's position as independent chair effective Jan. 1, 2018, according to the bank's announcement.
Board members Cynthia H. Milligan and Susan G. Swenson will also leave the board after over a decade in order to “facilitate Board refreshment and provide for an appropriate transition of committee membership," the bank said in a statement.
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Confusion about who was in charge and an uncontrolled self-evacuation added to the chaos during the January shooting at Fort Lauderdale-Hollywood International Airport, according to a new report released Tuesday.
The 82-page report, prepared by a consulting firm and released by the Broward County Aviation Department, analyzed the response to the January 6 shooting, which left five people dead and six wounded.
The report said a unified command was "never established causing confusion as to who was in charge." The lack of unified command led to "a lack of information regarding resource needs and disjointed, misinformed, and conflicting mission development
Jupiter Police Department
Golf legend Tiger Woods had five different drugs in his system — including painkillers, a sleeping aid and the active ingredient in marijuana — during his Memorial Day arrest on suspicion of drunken driving near his south Florida home, a newly released toxicology report shows.
Woods had the active incredients of opioids Vicodin and Dilaudid in his system. He also tested positive for the chemicals active in Xanax and Ambien and marijuana, according to the report from the Palm Beach County Sheriff’s Office, first reported by ESPN.
Police did not say whether Woods had a prescription for the medication, including medical marijuana, which is legal in the state of Florida.
A jury sided with pop star Taylor Swift in her lawsuit against a former radio host she says groped her during a photo opportunity.
If, after all the fanfare, North Korean leader Kim Jong Un doesn’t actually launch missiles toward Guam, many may write the whole episode off as another of the North’s seemingly endless bluffs. But from Pyongyang’s perspective and in the eyes of some U.S. military experts, Kim and his generals have already won this round.
Launch or not, Pyongyang has caused great drama and angst, riled U.S. President Donald Trump and alarmed America’s allies in Tokyo and Seoul. It could also set a precedent for more aggressive brinkmanship ahead.
It comes as no surprise then that on Tuesday, as North Korea’s state media released photos of Kim and his military officers examining the launch plan, replete with photos of the missiles’ flight path and a big satellite image of the U.S. territory’s Andersen Air Force Base, it also offered a seeming out.
President Donald Trump won't say whether he plans to keep top White House strategist Steve Bannon.
At an impromptu press conference Tuesday, Trump answered questions about his confidence in his top adviser...
Republican lawmakers in six states have pushed this year for legal protections for motorists who hit protesters blocking traffic. Fairly or not, they're facing an intense backlash now that violent images of a car ramming into a crowd protesting a white supremacist rally have been seen around the world.
The lawmakers say their goal has never been to incite violence, but to shield drivers from costly lawsuits for accidents they blame on illegal street protests.
Bills in Texas and North Carolina to protect drivers from civil liability if they unintentionally injure or kill protesters remain pending, but their chances of passage appear dim after Saturday's attack in Charlottesville, Virginia, which killed a woman and injured at least 19 people. The four other bills were voted down or failed without advancing.
Trump responds to reporters' questions about the Charlottesville rally over the weekend.
A month after she went missing, 25-year-old Lisa Theris was found naked and covered in scratches, bug bites and dirt on a rural Alabama road Saturday evening, NBC News reports. The details surrounding her disappearance remain uncertain.
“She said she ate berries and drank muddy water,” said Judy Garner, the woman who pulled over and called 911 after spotting Theris on Highway 82 in Bullock County. "I don’t think she could have made it much longer,” Garner said.
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Protesters will face felony charges for toppling a nearly century-old Confederate statue in front of a North Carolina government building, the sheriff said Tuesday.
Law enforcement officers took video throughout the protest but didn't intervene as protesters brought out a ladder, climbed up to attach a rope and then pulled the bronze Confederate soldier from its pedestal. After it fell, some began kicking the statue, while others took photos standing or sitting on it. The protest was in response to violence and a death at a white nationalist rally in Charlottesville, Virginia, over the weekend.
Durham County Sheriff Mike Andrews said investigators were preparing arrest warrants.
A 19-year-old New Jersey man and his 28-year-old girlfriend have been indicted for allegedly forcing a 17-year-old girl into prostitution at local motels, where she was sometimes made to sleep with up to five men a day, and snort crystal methamphetamine, the state attorney general's office said Tuesday.
A state grand jury indicted Christopher White and Adria Regn Monday on charges of conspiracy, human trafficking of a minor, promoting prostitution of a minor and offenses related to child pornography and other crimes.
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The baby sitter who placed a 9-month-old infant inside a closet strapped in a car seat so he could sleep will not face criminal charges related to the boy's death, Fort Worth police say.
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For travelers looking to get a glimpse of the solar eclipse, rubber-necking delays may be the least of their worries.
The eclipse, due on Aug. 21, has astronomy enthusiasts and summer road-trippers flocking to the "path of the totality," a belt of states across the country that will provide prime viewing of the solar event. But as hotels fill up and time runs out to find a viewing spot, drivers may attempt to watch the solar event while in transit, according to the American Automobile Association.
The organization recommends that eclipse-seekers arrive at the location to view the eclipse before it begins and never attempt to watch while driving a car. However, if you must drive during the event, AAA has some tips to ensure safety.
The four Boston union members accused of intimidating the staff and crew of the reality TV show "Top Chef" during a shoot in Massachusetts have been found not guilty.