Can you sell your imported gadgets? Court guts "First Sale"

Let's say a relative gave you an imported Omega watch over the holidays. It's a nice piece, but it's not exactly your style, so after agonizing over the issue for the appropriate number of months, you decide to sell it over eBay. Not so fast. Thanks to a decision by the Ninth Circuit Court of Appeals, that might not be so easy. In fact, the store that sold it, Costco, shouldn't have sold it in ...

Obituary: Nicolas Hayek / Revolutionized the Swiss watch-making industry

Nicolas Hayek, chairman and former chief executive of the giant Swiss watch-manufacturing firm Swatch, has died. He was 82. Swatch Group said Mr. Hayek died of heart failure Monday at his office in Biel, Switzerland.