WEALTH

AUTOS

NHTSA’s New Boss on Why the Safety Agency Needs a Bigger Stick

– From the September 2015 issue – Just as the National Highway Traffic Safety Administration (NHTSA) was about to close the books on 2014, a year in which a record number of cars were recalled, it underwent a change in leadership. On December 22, Mark R. Rosekind, a former NASA researcher and member of the National Transportation Safety Board (NTSB), was sworn in as administrator. The GM ignition-switch-defect investigation cast

2016 Scion iA: From Mazda With Love

-Since its creation in 2002, Scion has relied heavily on other brands’ hand-me-downs. The original Scion lineup, the xA and xB, consisted of a pair of rebadged, Japanese-market Toyotas. The Scion FR-S sports car was developed largely by Subaru. Now, Toyota’s junior brand is bringing Mazda into the fold to supply the first Scion sedan. The 2016 Scion iA is based on the Mazda 2 (and is the only way

NHTSA Investigating Jeep Grand Cherokee for Rolling When Parked

The National Highway Traffic Safety Administration announced late Monday that it will open a preliminary investigation into 408,000 2014–2015 Jeep Grand Cherokee SUVs, after receiving several complaints about the vehicles rolling away after being shifted into park. – The Detroit News reports that NHTSA has received 14 complaints describing incidents where a Grand Cherokee has rolled away when the gearshift indicated Park. NHTSA’s Preliminary Evaluation paperwork indicates that five crashes

How to Change a Blown Fuse in Your Car in 8 Easy Steps [Sponsored]

– Whether it’s the rattling that comes and goes with the moon phases, a timing belt that obeys only changes in barometric pressure, or the sudden flickering of that dreaded check engine light, certain car problems require the professional experience and honest technical knowledge only a mechanic can bring. This doesn’t mean you should be afraid to approach your car with a tool though. There are certain car fixes that

REAL ESTATE

'Last bucket' hailed at New York's massive Hudson Yards project

Developers of a massive New York real estate project celebrated a major milestone on Wednesday with the pouring of a “last bucket” of cement on the first building slated to be finished at the Hudson Yards site on Manhattan’s west side. Retailer Coach Inc is scheduled in March 2016 to be the first tenant to occupy the building, 10 Hudson Yards, the largest commercial building ever erected in New York

Floods, Crimes and Disasters: Is Your Home in a Danger Zone?

Filed under: News, Buying AFP/Getty ImagesA local resident in Charleston, S.C., surveys the water surrounding a home during the October floods. By Blake Miller With the recent news of catastrophic flooding in South Carolina to other stories of homes blowing up because of broken gas lines or vanishing into a massive sinkhole, you might be ready to Google your address to find out if your little abode is all that

Ex-U.N. General Assembly head, five others face U.S. bribery case

By Nate Raymond and Joseph Ax NEW YORK (Reuters) – U.S. authorities charged a former president of the United Nations General Assembly, a billionaire Macau real estate developer and four others on Tuesday for engaging in a wide-ranging corruption scheme. John Ashe, a former U.N. ambassador from Antigua and Barbuda who was general assembly president from 2013 to 2014, was accused in a complaint filed in federal court in New

Ex-U.N. General Assembly president, five others charged in U.S. in bribe scheme

By Nate Raymond and Joseph Ax NEW YORK (Reuters) – U.S. authorities charged a former president of the United Nations General Assembly, a billionaire Macau real estate developer and four others on Tuesday for engaging in a wide-ranging corruption scheme. John Ashe, the U.N. ambassador from Antigua and Barbuda who was president in 2013, was accused in a complaint filed in federal court in New York of taking more than

LUXURY

Donna Karan revamps social strategy as PR exec steps down

@DKNYPRGirl persona U.S fashion brand Donna Karan International is completely overhauling its Twitter and Instagram accounts surrounding the upcoming fall departure of longtime employee Aliza Licht, who spoke for the brand on social media as DKNY PR Girl. On Aug. 11, Mashable reported that the brand had deleted all of the past posts from the two platforms, which represented both Donna Karan Collection and the diffusion line DKNY, as part of

Aston Martin expands facilities with new Wellesbourne location

Aston Martin’s new Wellesbourne Logistics Facility British automaker Aston Martin is looking to expand its production with the addition of a new logistics facility in Wellesbourne, Britain. This expansive space will become the largest storage and distribution location in the brand’s history. It is important for luxury brands to continue to expand physically even while their publicity grows on social media. Building blocks The new Wellesbourne Logistics Facility will help

What does the Chinese currency devaluation mean for the luxury industry?

Chinese consumers may spend less on luxury with the devaluation of the yuan China’s devaluation of its renminbi is intended to boost the country’s slouching trade, but the impact of the altered exchange rate will likely extend to the luxury industry. Following the announcement of the steepest decline in the yuan in the past decade, hard luxury goods companies and automakers such as BMW, Swatch Group and LVMH saw their

What does the Chinese currency devaluation mean for the luxury industry?

Chinese consumers may spend less on luxury with the devaluation of the yuan China’s devaluation of its renminbi is intended to boost the country’s slouching trade, but the impact of the altered exchange rate will likely extend to the luxury industry. Following the announcement of the steepest decline in the yuan in the past decade, hard luxury goods companies and automakers such as BMW, Swatch Group and LVMH saw their

What does the Chinese currency devaluation mean for the luxury industry?

Chinese consumers may spend less on luxury with the devaluation of the yuan China’s devaluation of its renminbi is intended to boost the country’s slouching trade, but the impact of the altered exchange rate will likely extend to the luxury industry. Following the announcement of the steepest decline in the yuan in the past decade, hard luxury goods companies and automakers such as BMW, Swatch Group and LVMH saw their