The Pimp Who Sued Nike Over Air Jordans

Feb. 5 (Bloomberg) -- In 1985, Nike released the Air Jordan. Michael Jordan's signature shoe was different. It was one of the first to have crossover appeal. However, a Portland, Oregon pimp has taken it further. He used the shoes to beat a man and now he's suing Nike for $100 million. Bloomberg's Rachel Crane has the story of this odd lawsuit. (Source: Bloomberg)
VIX Fixed on Fed Rate Hike Others Are Downplaying
17:37 - Michael Purves, chief global strategist at Weeden & Co., discusses the reliability of the VIX Index as a market indicator and why the VIX is anticipating a Federal Reserve rate hike later this month. He speaks on "Bloomberg Markets." (Source: Bloomberg)
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