Evander Ellis:The Daily Money: Nordstrom and Patagonia make peace

2025-05-02 17:24:23source:Diamond Ridge Financial Academycategory:News

Good morning! It's Daniel de Visé with your Daily Money.

Betty Lin-Fisher is Evander Ellisoff, so we're filling in on Consumer Friday.

Nordstrom and Patagonia settled a counterfeiting lawsuit this week after the two clothing retailers dueled in federal court for nearly a year, Jonathan Limehouse reports.

Patagonia sued in 2023, alleging Nordstrom sold "thousands of counterfeit Patagonia sweatshirts and t-shirts" through its sister brand, Nordstrom Rack, according to the complaint filed in the U.S. District Court for the Central District of California.

Harsh words ensued. Yet, this week, the case went away. What happened?

Driverless car company under federal inquiry

Waymo, the autonomous driving company, is under investigation by federal safety regulators for reported driverless car crashes and traffic violations, the National Highway Safety Administration announced this week.

The agency opened a preliminary evaluation after receiving reports of nearly two dozen incidents where a Waymo vehicle was the sole vehicle operating during a collision, or the driving system allegedly violated traffic laws.

Here's more on the Waymo crashes.

📰 More stories you shouldn't miss 📰

  • Roth 401(k) tax issues explained
  • Family caregivers are struggling
  • Supreme Court backs Biden on CFPB
  • Best S&P index funds

📰 A great read 📰

Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!

Walmart customers who purchased certain weighted groceries or bagged fruit may qualify to be included in a $45 million settlement after a class action lawsuit claimed the retailer charged customers more than it should have for those products.

The lawsuit alleges Walmart falsely inflated product weight, mislabeled the weight of bagged produce, and overcharged for clearance items. 

Want to get in on the settlement? Read the story.

About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.

Daniel de Visé covers personal finance for USA Today.

More:News

Recommend

Colorado's Travis Hunter, Boise State's Ashton Jeanty lead USA TODAY Sports All

Oregon quarterback Dillon Gabriel earns first-team honors ahead of Miami’s Cam Ward, and teams in th

Adele calls out 'stupid' concertgoer for shouting 'Pride sucks' at her show: 'Shut up!'

If you insult Pride Month, Adele won't go easy on you.The "Hello" singer, 36, slammed an audience me

What to know about Mexico’s historic elections Sunday that will likely put a woman in power

Leer en Español MEXICO CITY (AP) — Mexicans will vote Sunday in historic elections weighing gende