Luxury

Lesotho Mine Gives Up Giant Diamond

Lesotho's Letšeng mine recently delivered a 910-carat diamond to its owner, London's Gem Diamonds Ltd. The stone is believed to be the fifth-largest gem-quality diamond ever recovered. According to the ...
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Mercedes-Benz Premiers Even More Luxurious SUVs

The Mercedes-Benz division of German automaker Daimler will show off its new, more luxurious 2018 model year GLS450 4Matic and GLS550 4Matic at Detroit's North American International Auto Show opening ...
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Mercedes-Benz Again Global Luxury Car Sales Leader

German automaker Daimler reported record sales of 2.29 million Mercedes-Benz vehicles in 2017, a gain of 9.9% year over year. Including its smart brand vehicles, the company delivered more than ...
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Powerball & Mega Millions Now $968 Million in Total: 12 Things Not to Do If You Ever Win the Lottery

If there is one event that can enthrall the entire nation at once, it is winning a major lottery drawing. After all, winning the lottery is the new version of ...
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Powerball & Mega Millions Lotteries Nearing $800 Million Combined: 12 Things Not To Do If You Win Either One

The American Dream has changed. Your parents and grandparents believed the American Dream was becoming successful and comfortable through a lifetime of hard work and savings. The new version of the ...
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PowerBall at $384 Million, Mega Millions at $306 Million: 12 Things Not to Do If You Win the Lottery

This is a rare moment in the wide world of the lottery. The Powerball lottery jackpot is a massive $384 million, and the Mega Millions lottery jackpot is at $306 ...
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Mercedes-Benz Tops BMW in US Luxury Car Sales

Barring a virtually impossible doubling of monthly U.S. sales, BMW will once again finish behind German rival Mercedes-Benz as the top sell luxury auto brand in the United States. Automakers ...
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2 Lotteries Now Over $300 Million Each, 12 Things Not to Do If You Win

The new American Dream isn't a life of hard work followed by the golden years of retirement. The new American Dream has become to "get rich quick" by winning the lottery. After ...
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Recall Notices to Go Out for 5,500 Aston Martin Models

The U.S. National Highway Transportation Safety Administration (NHTSA) has posted documents related to safety recalls of nearly 5,500 Aston Martin cars built in model years 2005 to 2016. Two recall ...
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Are Tiffany Earnings and Outlook Good Enough?

Tiffany & Co. (NYSE: TIF) reported third-quarter 2017 results before markets opened Wednesday. The luxury goods company posted diluted earnings per share (EPS) of $0.80 on revenues of $976.2 million. ...
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The Number of Global Millionaires Keeps Growing, but Millennials May Be Left Behind

Maybe there is never a bad time to be a millionaire. And there are now more millionaires than ever, according to the Credit Suisse 2017 Global Wealth Report. In the ...
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A Tale of 2 Watch Sellers: Tourneau and JC Penney

Early this year, luxury watch retailer Tourneau, a portfolio company of private equity firm Leonard Green, began hunting for a buyer. The hunt has so far been unsuccessful, due to ...
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Has Amazon Lost the Luxury Goods Market?

The market for luxury goods depends, indeed thrives, on exclusivity, the key to keeping prices high. That may be the primary reason that luxury goods makers protect their brand so ...
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Services to Share Ultra-Luxury Cars

Almost no one can afford a $494,000 Lamborghini Aventador. However, the price to drive it for an hour at a time is something different. The business of sharing the world's ...
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Powerball Lottery Now $700 Million: 12 Things Not to Do If You Win

Americans are frequently reminded by politicians and the media that the American Dream has died. After all, a life of hard work, saving money and endless planning and investing is ...
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