1967 Porsche 910 Source: Bringatrailer.com Bring a Trailer, the popular online auction site for collectible cars, posted record sales in 2023, even as classic-car prices hit the skids. Bring a Trailer’s sales increased about 2% last year to over $1.4 billion from $1.35 billion in 2022, according to the company’s CEO Randy Nonnenberg. Bring a … Read more
TOKYO — Governor Yuriko Koike was asked Tuesday to stop a disputed $2.45 billion project to convert a Tokyo park district, renowned for its rows of 100-year-old ginkgo trees, into a largely commercial area anchored around three skyscrapers. The plan for the Jingu Gaien area calls for razing a famous baseball stadium where Babe Ruth … Read more
Samsung Electronics Chairman Lee Kun-hee with daughters Lee Boo-jin (R) and Lee Seo-hyun, followed by his wife, Hong Ra-hee, in Las Vegas, 2012.Steve Marcus / Reuters The former Samsung Electronics chairman, who was South Korea’s richest person, died in 2020. Lee Kun-hee’s family is now selling billions worth of shares to pay inheritance taxes. South … Read more
NEW YORK (AP) — A Russian billionaire who accused Sotheby’s of teaming up with a Swiss art dealer to cheat him out of tens of millions of dollars became tearful Friday while testifying about discovering he’d been part of a con game too common in an “art market that needs to be more transparent.” The … Read more
A food delivery courier for Meituan in Beijing, China, on Tuesday, Aug. 22, 2023. A surge in sales expected for Meituan may be a catalyst to its shares, which have outperformed peers as services spending turns out to be a rare bright spot amid deepening investor pessimism. Source: Bloomberg Bloomberg | Bloomberg | Getty Images Since the beginning … Read more
Antonio Neri, president and chief executive officer of Hewitt Packerd Enterprise (HPE), speaks during the HPE Discovery CIO Summit in Las Vegas, Nevada, U.S., on Tuesday, June 19, 2018. The summit brings together experts and industry leaders to explore the critical elements CIO’s must address to enable speed and agility, including people, use of data … Read more
Shoppers walks past advertisements on the opening day of fast-fashion e-commerce giant Shein, which hosted a brick-and-mortar pop up inside Forever 21 at the Ontario Mills Mall in Ontario on Oct. 19, 2023. Allen J. Schaben | Los Angeles Times | Getty Images ORLANDO, Fla. — Little is known about how much revenue Shein draws … Read more
HANOI, Vietnam — Vietnamese automaker VinFast says it plans to spend up to $2 billion to build an electric vehicle factory in India, the world’s third-largest auto market by sales. The factory in southern India’s Tamil Nadu state will be the company’s first foray into India and follows VinFast’s launch of sales in the United … Read more
VinFast, Vietnam’s electric vehicle manufacturer, plans to initially invest $500 million to set up an integrated facility in India and break into the world’s third-largest automobile market. The memorandum of understanding with the state government of Tamil Nadu, unveiled on Saturday, earmarks an investment of up to $2 billion, the company said without giving a … Read more
The Devil Wears Prada is a classic movie with a star-studded cast. It’s generating headlines again after two of its stars reunited this week. Speaking of, you might be wondering which actor from the movie is the wealthiest. While Anne Hathaway, Meryl Streep, Emily Blunt and Stanley Tucci are arguably the most recognizable actors from … Read more