Nike ordered a recall of its new July Fourth-themed Air Max 1 sneakers over concerns about its Betsy Ross flag logo. Prices for the shoes rocketed on the website StockX, as seen on a computer screen Tuesday.
Nike-owned Converse, the company responsible for the Chuck Taylor All Star shoe, is suing to stop other shoemakers from copying what it says are distinctive elements of its design.
Lance Armstrong in 2009, wearing some of Nike's Livestrong apparel. Nike will stop manufacturing that line after the 2013 holiday season. And it is ending its support of the Livestrong charity.
Nicolas Bouvy /EPA /LANDOV