After about five years of pooling lottery money, a group of co-workers has finally hit the jackpot. NBC New York reports.» Read More
Dunkin' Donuts CEO says its sandwiches are snacks, not lunch.
IPOs and the mass of acquisitions in tech are producing a newly rich class; money managers fight to handle the wealth.
GM announced four more recalls, raising number of recalls to 34.
Paul Swinand, Equity Analyst at Morningstar, highlights the strengths of the Italian luxury brand, which was unable to boost first-quarter retail sales.
Patrizio di Marco, Gucci CEO, discusses the performance of the luxury retail market during a China slowdown and an uncertain U.S. economy. He also weighs in on the European consumer.
The new Vertu smartphone has a 7,900 euro price tag reveals Max Pogliani, CEO of Vertu, refuting claims that it's style over substance as the phone is equipped with "state of the art technology".
Vastly expensive Russian artwork will attract rich buyers to the U.K. today, where Russia Art Week kicks off.
Justin Lahart, WSJ Heard on the Street reporter, weighs in on the sentiment of the luxury retailer and consumers.
Enrico Galliera, Ferrari VP of commercial & marketing, provides insight to its new model "California T" convertible. The car will sell for approximately $198,000.
The oceanfront resort made famous in "Some Like it Hot" has sold in a deal that values its rooms in excess of $1 million each.
More wealthy people in Asia, Africa and the Middle East are choosing 'authentic experiences' over material possessions, a Mastercard survey shows.
David Wu, luxury goods and beauty analyst at Telsey Advisory Group, expects Michael Kors' results to beat market expectations, and discusses the outlook for the group.
Just when you thought the pampered pet craze had gone too far, a luxury company has just come up with a new badge of excess: The pawbag.
Tiffany & Co reported a 13 percent rise in sales as the company's increasing focus on lower-priced jewelry attracted U.S. customers.
Nicla Di Palma, equity analyst at Brewin Dolphin, discusses Burberry and whether new CEO, Christopher Bailey was the right person to succeed Angela Ahrendts.
Fewer wealthy Russians have been shopping in Italian luxury brand Salvatore Ferragamo's European stores, its CEO told CNBC.
Paul James, global brand leader for luxury at Starwood Hotels Group, discusses the growth of high-end, premium travel brands and says the group is expanding fast and incorporating new technologies.
Michele Norsa, CEO of Salvatore Ferragamo, says there has been less traffic from Russians in European stores.
Jim Chanos, Kynikos Associates founder & president, explains why he is no longer long Macau casinos, and short Caterpillar.
Remy Martin just appointed its youngest-ever cellar master—who's making spirits you won't drink until 2114.