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Bloomberg Law:Lululemon Sues Costco Over Alleged Dupes

Bloomberg Law:Lululemon Sues Costco Over Alleged Dupes

Bloomberg11-07-2025
Susan Scafidi, a professor at Fordham Law School and director of the Fashion Law Institute, discusses Lululemon suing Costco, accusing it of copying its designs. June Grasso hosts.
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Crypto analyst eyes XRP breaking out to new all-time high
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Crypto analyst eyes XRP breaking out to new all-time high originally appeared on TheStreet. Popular crypto analyst Ali Martinez, who recently nailed the XRP price prediction around the recent conclusion of the Ripple vs. Securities and Exchange Commission (SEC) legal saga, has come up with a new prediction. Martinez, known as @ali_charts on X, shared a price analysis chart for XRP on Aug. 15 in which the cryptocurrency is shown to be forming a symmetrical triangle. A symmetrical triangle is a type of price analysis pattern in which an asset's price consolidates over time, creating lower highs and higher lows. It results in two converging trendlines that look like a triangle. Once the two lines converge, the price breaks out. The chart shows XRP trading at $3.10, and the dotted lines show that a price consolidation within a triangle will take place by the end of August. If XRP breaks above $3.26, it could next reach the price of $3.90 within the first week of September, Martinez is the third-largest cryptocurrency, which has a market cap of more than $184 billion. It hit an all-time high (ATH) of $3.84 on Jan. 4, 2018, and if Martinez's prediction comes true, the asset will hit a new ATH of $3.90. On Aug. 15, lawyer James Filan shared that the SEC reminded the court that the stipulation of the joint appeal filed by the SEC and Ripple to dismiss their appeals is still pending. XRP was trading at $3.09 at press time. The crypto asset needs to surge 25% to reach Martinez's price target of $3.90. Crypto analyst eyes XRP breaking out to new all-time high first appeared on TheStreet on Aug 16, 2025 This story was originally reported by TheStreet on Aug 16, 2025, where it first appeared.

New Orleans Mayor Joins Long Line of Louisiana Politicians Accused of Corruption
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time16 minutes ago

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Hundred-dollar bills stashed in a freezer. Riverboat casino licenses sold to the highest bidder. Truckloads of granite traded in a quid pro quo. Louisiana has a long and colorful history of political corruption allegations, which for decades have ensnared lawmakers at many levels of government. The most recent was Mayor LaToya Cantrell of New Orleans, who was indicted on Friday after a lengthy federal investigation. According to the charges laid out in the indictment, Ms. Cantrell abused public funds to facilitate a romantic relationship with her bodyguard, a city police officer, and then sought to cover up the personal time they spent together in New Orleans and on out-of-state trips while he claimed to be on duty. Ms. Cantrell's lawyer said on Friday that he needed to review the indictment before commenting; he declined to comment again on Saturday. Here's a look back at some of the most significant corruption scandals in Louisiana history: Richard Leche After the assassination of Huey Long, a popular Louisiana governor turned United States senator, in 1935, Richard Leche emerged as his successor. But Mr. Leche's single term as governor came to an early end when he resigned in 1939 amid corruption allegations. His resignation failed to stave off charges, and in 1940, he was convicted of mail fraud in a plot that prosecutors said involved a dealer selling trucks to the state's Highway Department at excessively high prices, and then giving Mr. Leche a kickback. He served five years in prison before President Harry S. Truman pardoned him in 1953. Huey and Earl Long Earl Long, the lieutenant governor under Leche in 1939, was swept into the state's highest office when his predecessor resigned. Mr. Leche's scandals loomed over Mr. Long's first term, and in 1940, Long was himself charged with embezzlement. The charges didn't stick, however, and Mr. Long would go on to win the governorship in two elections, holding office from 1948 to 1952 and from 1956 to 1960, in a career defined by personal excess and eccentric behavior. Want all of The Times? Subscribe.

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