• This week the Supreme Court heard opening arguments in a dispute between Victoria’s Secret and a similarly named Victor’s Little Secret. At issue is the Federal Trademark Dilution Act passed by Congress seven years ago. Lawyers for the lingerie giant claim Victor’s Little Secret, a single Kentucky store that sells lingerie and adult-only novelties, is infringing on Victoria’s Secret trademarked name. The proceeding were delayed, however, when the Honorable Clarence Thomas opened up a Victoria’s Secrets catalog and requested several specific lingerie models meet him privately in his chambers to help him “identify with the product in question.”

  • Bill Gates recently announced two large monetary investments in India. The founder of Microsoft is donating $100 million to fight AIDS and investing another $400 million to promote Microsoft products in the developing nation. Critics point out this action will do little more than eliminate one virus and replace it with another.

  • An offshore gaming company recently stopped taking bets on the final outcome of ABC’s “The Bachelor.” Since taping the final episode, a highly disproportionate number of bets were placed for one of the two remaining candidates– leading officials to suspect the outcome of the show was leaked to the public. As a result, the company is also no longer accepting bets for previous lottery numbers, WWF Smackdowns, or the results of the 2002 midterm elections.