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Ferrari Posts Steady Profit Before Outsider CEO Takes Helm

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Ferrari is not only moving into battery-powered vehicles, it is also launching its first SUV.

U.S. Denies Bezos Push To Overturn NASA-SpaceX Moon Lander Deal

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After some successful launches, the billionaire space race is becoming even more competitive.

Even Your Little August Beach Vacation Will Cost More This Year

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Vacation rentals in the Hamptons are 50% more expensive than they were pre-pandemic.

Billionaires' Row Condo May Face Foreclosure After Loan Default

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The owner of the exclusive condo defaulted on a $13.75 million mortgage.

A Huge Collection Of Bizarre, Rare Pianos Is Coming To Auction

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Pianos up for auction include a 1925 "double Pleyel" piano, one of only 50 ever made.

Socialite Art Collector Jailed In U.K. For Kusama Pumpkin Fraud

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A German collector was sentenced to prison after admitting to an art fraud involving the fake sale of a pumpkin sculpture by Yayoi Kusama.

Add Jaguar To The List Of Automakers Bedeviled By The Chip Shortage

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Jaguar Land Rover is working seven days a week trying to limit the damage from the chip shortage.

Rich New Jersey Shore Enclave Says No To Climate-Change Rail Project

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Bay Head, like other Jersey Shore communities, is threatened by climate change.

Mercedes Accelerates Electric Shift With $47 Billion Push

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Mercedes-Benz vowed to spend more than $47 billion this decade to electrify its lineup.

China's Luxury Retirement Homes Draw Millions From Investors

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Money is pouring into the eldercare sector as investors notice how quickly China is aging.

Britney Spears's Conservatorship Dispute Raises Questions

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The dispute raises questions about managing celebrity personas in the public eye.

One Of The Priciest Rough Diamonds Ever Fetches $40 Million

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Petra Diamonds Ltd. sold a 39.3-carat blue gem.

Billionaires Enjoy Huge Tax Breaks From Owning Sports Teams: ProPublica

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Some of the wealthiest owners in professional sports often pay lower effective tax rates than the athletes.

Richard Branson Revives Daredevil Persona At 70 With Historic Space Shot

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For decades, Branson engaged in a series of record-breaking stunts in surfing, boating and flying.

U.S. Hotels Finally Surpass Pre-Covid Levels As Travel Surges

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Red-hot demand from leisure travelers boosted a key lodging industry metric higher than its 2019 figure.

Steve Ballmer Becomes Ninth Member Of The $100 Billion Club

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Ballmer, who now owns the NBA's Los Angeles Clippers, has seen his wealth grow by $20.1 billion this year.

Why The Richest Americans Can't Give Money Away Fast Enough

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The world's wealthiest may have fortunes growing far faster than their ability to give effectively.

John McAfee, Antivirus Software Pioneer, Found Dead In Prison

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McAfee was accused of fraud and money laundering related to his promotion of cryptocurrencies.

Porsche To Make High-Performance Battery Cells In New Venture

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Porsche is working in a joint venture with German lithium-ion specialist Custom Cells GmbH.

Sandals Resorts Bets Big On Luxury With $8,000-A-Night Rooms

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Sandals Resorts reopened its Royal Barbados hotel in mid-May after it was shuttered by the pandemic for over a year.

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