Stocks moved mostly lower on the final day of trading of 2016, but all three indices are poised to close 2016 with gains. Despite stocks moving mostly lower on the last day of the year, the Dow is expected to post a double-digit annual increase, its best in three years.
Category: Run DMC
Run-DMC in $50m trademark battle
A member of pioneering rap group Run-DMC has filed a $50m lawsuit accusing retailers of unlawfully using the group’s name on items of clothing. Darryl “DMC” McDaniels said that products sold by Amazon, Walmart and other stores violated federal trademark and New York competition laws.