McDonald’s Corp. (NYSE: MCD), the world’s largest restaurant chain, says it will send a cease-and-desist letter to a candidate for Kansas State Senate who using its name in a political advertisement. Representative Joe Patton is running a “Happy Meals” ad that attacks his opponent’s tax plan. Patton said he would pull ad upon request from McDonald’s.
Monsanto Co. (NYSE: MON) was awarded $1 billion in a patent-infringement trial against E.I. du Pont de Nemours & Co. (NYSE: DD), better known as DuPont. It was the biggest U.S. jury verdict this year, and the fourth-largest jury award in a patent trial in U.S. history, according to Bloomberg. The trial revolved around Monsanto’s patent for seeds for growing herbicide-tolerant soybeans. Monsanto had offered to settle the lawsuit during the trial by giving DuPont the opportunity to license its technology. DuPont said in a statement that it strongly disagrees with the verdict and will appeal it.