ORGANIZATION

Nike, Michael Jordan's brand sign UCLA sponsorship deal

Under the six-year sponsorship agreement in principle, Nike will supply uniforms, footwear, apparel and equipment to 22 of UCLA's 25 varsity athletic teams, while the Jordan Brand will outfit the college's Bruins football team and men's and women's basketball programs with its "Jumpman" product.

JCPenney emerges from bankruptcy

In November, the U.S. Bankruptcy Court for the Southern District of Texas approved a purchase agreement in which substantially all of J.C. Penney’s retail and operating assets would be acquired by its two largest landlords and its primary lenders.

Google spars with Barry Diller’s IAC on marketing practices

Google, which determined that IAC misled users about its browser extensions, could go as far as banning those products from its Chrome browser. IAC, under Chairman Barry Diller, is pushing back, saying such a move would devastate a key part of its business.

Chick-fil-A sues poultry suppliers alleging price-fixing

Chick-fil-A Inc., the leading U.S. chicken chain, sued major poultry producers, accusing them of price-fixing that the Atlanta-based company says led to inflated prices for billions of dollars worth of its chicken purchases.