Ruling against the jeweler Tiffany, a judge said that eBay does not have a legal responsibility to actively filter counterfeit items.

Ruling against the jeweler Tiffany, a judge said eBay does not have to actively filter counterfeit items from its site.

Tiffany & Company reported that strong growth in Asia-Pacific and European markets helped first-quarter profit rise 19 percent.

J. C. Penney, Kohl’s and Nordstrom reported first-quarter profit on Thursday that fell less than analysts estimated by reducing costs as the economy teetered near a recession.