The Good Life | Wealth + Luxury

Latest News

  • Watch the Dubai Police fleet of supercars in action Boldride

    If you’re a police officer and you love cars, then you really need to see about getting a job with the Dubai Police Department. They have a whole fleet of supercars at their disposal, and they’re not just …

    Watch The Dubai Police Fleet of Supercars In Action

    If you’re a police officer and you love cars, then you really need to see about getting a job with the Dubai Police Department. They have a whole fleet of supercars at their disposal, and they’re not just for looks. Officers regularly run patrols in these very drool-worthy cars. The most recent editions to the

  • Macerich (MAC) Rejects 'Best and Final' Bid From Simon Property Group (SPG) - Stocks in the News Zacks

    On Wednesday, Simon Property Group Inc withdrew its second unsolicited bid to buy Santa Monica-based mall-owner Macerich Co after the company rejected its offer.

    On Wednesday, Simon Property Group Inc withdrew its second unsolicited bid to buy Santa Monica-based mall-owner Macerich Co after the company rejected its offer.

  • Simon Property ends pursuit of Macerich Reuters

    Macerich shares fell 5.5 percent to $79.67 on Wednesday, below what they were trading at before Simon Property made its first offer of $91 per share in March, suggesting Macerich faces an uphill task of …

    Shoppers refer to a map at the King of Prussia Mall, United State's largest retail shopping space, in King of Prussia

    Macerich shares fell 5.5 percent to $79.67 on Wednesday, below what they were trading at before Simon Property made its first offer of $91 per share in March, suggesting Macerich faces an uphill task of convincing investors it did the right thing by walking away. Macerich's management will have to dramatically step up …

  • Luxury Russian rents slump as ruble tanks CNBC

    The sharp decline in the Russian ruble against the dollar caused high-end residential rental prices in Moscow to tank some 16 percent last year.

    Luxury Russian rents slump as ruble tanks

    The sharp decline in the Russian ruble against the dollar caused high-end residential rental prices in Moscow to tank some 16 percent last year.

  • Automakers profit from luxury models, North America, China -McKinsey Reuters

    By Joseph White and Bernie Woodall NEW YORK (Reuters) - The world's biggest automakers increasingly are making money by producing luxury models and reaping profits in China and North America, management …

    A car bonnet emblem of a Mercedes-Benz car is seen at the annual news conference of Daimler AG in Stuttgart

    By Joseph White and Bernie Woodall NEW YORK (Reuters) - The world's biggest automakers increasingly are making money by producing luxury models and reaping profits in China and North America, management consulting firm McKinsey & Co said in a report issued on Wednesday.     McKinsey’s findings dovetail with comments by …

  • New Brunswick forecasts $477M deficit in budget that hikes taxes for rich The Canadian Press

    FREDERICTON - New Brunswick's Liberal government had warned for weeks that its first budget would be painful for the province, but when it was tabled Tuesday the finance minister made it clear the …

    Roger Melanson is 'open' to a New Brunswick carbon tax

    FREDERICTON - New Brunswick's Liberal government had warned for weeks that its first budget would be painful for the province, but when it was tabled Tuesday the finance minister made it clear the tax ...

  • Yoox buys Richemont's Net-a-Porter in all-share deal Reuters

    By Astrid Wendlandt and Valentina Za PARIS/MILAN (Reuters) - Italian online fashion retailer Yoox has bought Net-a-Porter, its upmarket rival, in an all-share deal that creates an industry leader in the …

    By Astrid Wendlandt and Valentina Za PARIS/MILAN (Reuters) - Italian online fashion retailer Yoox has bought Net-a-Porter, its upmarket rival, in an all-share deal that creates an industry leader in the booming online luxury market, with combined sales of 1.3 billion euros ($1.4 billion). Net-a-Porter (NAP) owner Richemont …

  • Yoox CEO says luxury brand may invest in Yoox Net-a-Porter group Reuters

    PARIS/MILAN (Reuters) - A luxury brand could be one of the investors that take part in a planned rights issue this fall once the merger of Richemont's Net-a-Porter with Yoox is completed, the CEO …

    PARIS/MILAN (Reuters) - A luxury brand could be one of the investors that take part in a planned rights issue this fall once the merger of Richemont's Net-a-Porter with Yoox is completed, the CEO of the Italian online retailer told a media call on Tuesday."We expect the combined group to be a fantastic platform …

  • Queen Elizabeth's Windsor Castle faces first labor dispute: union Reuters

    Staff at Windsor Castle, one of the residences of Britain's Queen Elizabeth, are considering withdrawing some services to tourists such as guided tours in a dispute over low pay, a labor union said on …

    Staff at Windsor Castle, one of the residences of Britain's Queen Elizabeth, are considering withdrawing some services to tourists such as guided tours in a dispute over low pay, a labor union said on Monday. The Public and Commercial Services Union (PCS), which has 120 members out of Windsor's 200 staff, said this would …

  • Billionaire Lynn Tilton vows to fight fraud charges CNBC

    Lynn Tilton, one of the richest self-made women in America, has vowed to fight fraud charges brought by the SEC, calling it a battle between "good and evil."

    Billionaire Lynn Tilton vows to fight fraud charges

    Lynn Tilton, one of the richest self-made women in America, has vowed to fight fraud charges brought by the SEC, calling it a battle between "good and evil."

  • Rich nations' fossil fuel export funding dwarfs green spend: OECD Reuters

    The Organisation for Economic Cooperation and Development (OECD) figures on export credits are central to a debate on targeting funding ahead of U.N. climate talks in Paris at the end of the year. Just …

    Is renewable energy ready to disrupt fossil fuels?

    The Organisation for Economic Cooperation and Development (OECD) figures on export credits are central to a debate on targeting funding ahead of U.N. climate talks in Paris at the end of the year. Just when the European Union is leading the push for a new global deal on curbing emissions and is phasing out domestic coal …

  • Obama needs to fix Israeli relations: Richardson CNBC

    The U.S. and Israel need to do "whatever it takes" to repair their damaged relations, former UN Ambassador Bill Richardson tells CNBC.

    Obama needs to fix Israeli relations: Richardson

    The U.S. and Israel need to do "whatever it takes" to repair their damaged relations, former UN Ambassador Bill Richardson tells CNBC.

  • Here's Why Tiffany & Co. Still A Dominant Luxury Brand Benzinga

    Oppenheimer issued a report on Tiffany & Co. (NYSE: TIF ). Oppenheimer maintained its Outperform rating and lowered its price target from $100 to $98. Analyst Brian Nagel and Dan Farrell wrote, "The . …

    Oppenheimer issued a report on Tiffany & Co. (NYSE: TIF ). Oppenheimer maintained its Outperform rating and lowered its price target from $100 to $98. Analyst Brian Nagel and Dan Farrell wrote, "The ...

  • Amazon in talks to buy online luxury retailer Net-a-Porter: Forbes Reuters

    (Reuters) - Amazon.com is in talks to buy online luxury retailer Net-a-porter in what could be the biggest acquisition yet for the e-commerce giant, but the negotiations are in early stages and could …

    A just-delivered Amazon box is seen on a counter in Golden, Colorado

    (Reuters) - Amazon.com is in talks to buy online luxury retailer Net-a-porter in what could be the biggest acquisition yet for the e-commerce giant, but the negotiations are in early stages and could fall apart, Forbes reported, citing a person familiar with the matter. The potential deal, first reported by Women's Wear …

  • The millionaire offering a one-way ticket to Mars CNBC

    Bas Lansdorp has raised funding for Mars One and has chosen 100 candidates to colonize the Red Planet. Is his dream technically feasible?

    The millionaire offering a one-way ticket to Mars

    Bas Lansdorp has raised funding for Mars One and has chosen 100 candidates to colonize the Red Planet. Is his dream technically feasible?

  • States with the most multimillionaires CNBC

    The number of Americans worth $30 million or more grew by 6 percent last year, according to a new Wealth-X report.

    States with the most multimillionaires

    The number of Americans worth $30 million or more grew by 6 percent last year, according to a new Wealth-X report.

  • Sold! Peek inside this $46M Los Angeles mansion CNBC

    Liongate, a Los Angeles estate, once listed at $65 million, has been sold for $46 million. While that may seem like a big discount, it solidly outpaces its 2010 price.

    Sold! Peek inside this $46M Los Angeles mansion

    Liongate, a Los Angeles estate, once listed at $65 million, has been sold for $46 million. While that may seem like a big discount, it solidly outpaces its 2010 price.

  • Inside the Minecraft billionaire's bachelor pad CNBC

    "Secret Lives of the Super Rich" got an exclusive tour of Minecraft founder Markus Persson's 23,000-square-foot Beverly Hills, California, mansion from its builder, fashion magnate Bruce …

    "Secret Lives of the Super Rich" got an exclusive tour of Minecraft founder Markus Persson's 23,000-square-foot Beverly Hills, California, mansion from its builder, fashion magnate Bruce Makowsky.

  • Cramer: Why Pepsi added Richard Fisher to board CNBC

    CNBC's Jim Cramer explains why the soda giant brought in the former president of the Dallas Fed.

    Cramer: Why Pepsi added Richard Fisher to board

    CNBC's Jim Cramer explains why the soda giant brought in the former president of the Dallas Fed.

  • Luxury brands hedge their bets with smartwatches Reuters

    The flurry of technology deals luxury watchmakers announced this week to tackle the Apple Watch threat are more a way to hedge their bets in case the smartwatch market takes off than a strategic U-turn. …

    Apple CEO Tim Cook speaks during an Apple event announcing the Apple Watch at the Flint Center in Cupertino

    The flurry of technology deals luxury watchmakers announced this week to tackle the Apple Watch threat are more a way to hedge their bets in case the smartwatch market takes off than a strategic U-turn. On Thursday, LVMH's (LVMH.PA) Tag Heuer and Bulgari, and Kering's (PRTP.PA) Gucci were among the more than dozen or so …

 
Search