WEALTH

AUTOS

2016 Chevrolet Camaro Preliminary Configurator Goes Live

– Hold your horses, pony-car fans, Chevrolet’s full online configurator for the 2016 Camaro isn’t live—but its more limited-scope, preliminary version is! That means you can go to Chevy’s website and “build” a sixth-generation Camaro coupe or convertible, but your choices are limited to superficial items like paint colors, wheel options, interior treatment, and even some stripe packages. There are glimpses at the car’s trim-level structure, as well as what

Chevrolet’s New Camaro Is More Expensive Than Before—Here’s Why That’s Okay

– Typically, when a new car is priced several thousand dollars above the base price of its predecessor, it is cause for ire. The fanboys will yowl in protest. Armchair car pricers—if there were such a thing—will declare it a bust, robbery on the highest order. Faces will melt like that guy’s in Indiana Jones: Raiders of the Lost Ark. Or will they? Chevrolet has just announced pricing for the

Pope Francis to Rock a Jeep Wrangler on U.S. Visit

  – – On his first-ever U.S. visit—to Washington, D.C., Philadelphia, and New York next month—Pope Francis will wave from a Popemobile created from a Jeep Wrangler, the Vatican has announced. This is not the first time the pontiff has used a Jeep—a four-door Wrangler (seen above) served papal duty on the Pope’s trip to Ecuador in July. – The exact configuration of the U.S. Popemobile has not been announced,

Tesla Aims to Raise $500 Million via Stock Offering for Model 3, Gigafactory Development [UPDATE: Tesla Sells $738 Million]

– Update, 8/21: Tesla has raised $738 million from the newly issued stock, according to Bloomberg. After initially announcing it would sell up to 2.1 million shares, plus another 315,000 shares for the underwriting banks, Tesla ramped up those amounts to a total of 3.1 million and sold them at $242 per share. CEO Elon Musk now has a 22-percent stake in the company. – Tesla wants to raise $500

Zulu Super Defender: The 475-hp Brute Land Rover Won’t Build

– Trust us when we say the Land Rover Defender tilts, leans, dips, and generally dislikes any amount of lateral acceleration. Slow, polite roundabout speeds are about all Her Majesty’s 4×4 is comfortable with. So it is with reservation that we’d recommend this lowered, fat-tired Defender that puts out nearly as much power as our long-term Jaguar F-type. – What you’re looking at is the JE Zulu2 Super Defender, which

REAL ESTATE

Harvard endowment grows 5.8 percent to record $37.6 billion

Harvard University’s endowment posted a 5.8 percent return in fiscal year 2015 to hit a record $37.6 billion, the elite school’s in-house fund management company said. The returns for the 12 months ended June 30 were driven by outsized profits in stocks, venture capital investments in technology and biotech, and real estate holdings, Harvard Management Company said in a letter to alumni published on its website on Tuesday. “We have

6 Ways an Energy Audit Can Help Sell Your Home for More

Filed under: Home Improvement, Selling Getty Images By Meaghan O’Neill A home energy audit might not be at the top of your to-do list, but if you’re getting ready to sell your home, here’s why you should make it a priority. If you’ve ever been in the market to buy or sell a house, you’re probably familiar with a few key questions when it comes to utilities. Septic or sewer?

Billionaire Chinese developer paid others for 'unlawful activities': U.S.

The right-hand man to a billionaire Chinese real estate developer arrested by U.S. authorities for smuggling $4.5 million into the country has admitted the money was used to pay people for “unlawful activities,” a federal prosecutor said. Jeff Yin, who worked for Macau developer Ng Lap Seng, made those statements during a post-arrest interview on Saturday with U.S. law enforcement, prosecutor Daniel Richenthal told a federal judge in Manhattan. “He

Chinese firm unveils first portion of new South African 'city'

China’s Shanghai Zendai Property on Tuesday launched the first phase of an 87 billion rand ($6.4 billion) new city project in South Africa, saying the slowdown in the world’s second-largest economy would not affect construction. Asked if the project would be affected by cooling Chinese growth, Shanghai Zendai’s local chief executive, Anthony Diepenbroek, said “No, not at all … we also raised local financing. While Chinese companies have been building

Canadian pension fund does not need to take greater risks: CEO

By Allison Lampert MONTREAL (Reuters) – The top real estate executive of Canada’s second-largest pension fund said he won’t have to make riskier investments to achieve his target of a 7 percent to 8 percent average annual return for the next decade. Daniel Fournier, chief executive of Ivanhoe Cambridge, the real estate arm of Caisse de depot et placement du Quebec [CDPDA.UL], said on Monday he won’t have to take

LUXURY

Jimmy Choo taps Sky Ferreira as latest representative for fragrance

Sky Ferreira for Jimmy Choo Footwear maker Jimmy Choo is shooting for the moon with the latest addition to its collection of brand representatives. The brand tapped American singer-songwriter Sky Ferreira to be the face of its latest fragrance, which has yet to be released. Working with younger celebrities may help Jimmy Choo appeal to a wider range of consumers with its advertising. Sky’s the limit Jimmy Choo currently offers

Jimmy Choo taps Sky Ferreira as latest representative for fragrance

Sky Ferreira for Jimmy Choo Footwear maker Jimmy Choo is shooting for the moon with the latest addition to its collection of brand representatives. The brand tapped American singer-songwriter Sky Ferreira to be the face of its latest fragrance, which has yet to be released. Working with younger celebrities may help Jimmy Choo appeal to a wider range of consumers with its advertising. Sky’s the limit Jimmy Choo currently offers

46pc of retailers making loyalty programs a top priority this year: report

Image courtesy of Bloomingdale’s Sixty-two percent of retailers are planning to allocate more funds toward their loyalty programs this year, according to a new report from Boston Retail Partners. Consumers are becoming more digitally driven, and loyalty programs have to change with them, incorporating mobile, gamification or consumer data to make the reward process more personal. Thinking of a loyalty program as another part of the omnichannel shopping experience enables

46pc of retailers making loyalty programs a top priority this year: report

Image courtesy of Bloomingdale’s Sixty-two percent of retailers are planning to allocate more funds toward their loyalty programs this year, according to a new report from Boston Retail Partners. Consumers are becoming more digitally driven, and loyalty programs have to change with them, incorporating mobile, gamification or consumer data to make the reward process more personal. Thinking of a loyalty program as another part of the omnichannel shopping experience enables

46pc of retailers making loyalty programs a top priority this year: report

Image courtesy of Bloomingdale’s Sixty-two percent of retailers are planning to allocate more funds toward their loyalty programs this year, according to a new report from Boston Retail Partners. Consumers are becoming more digitally driven, and loyalty programs have to change with them, incorporating mobile, gamification or consumer data to make the reward process more personal. Thinking of a loyalty program as another part of the omnichannel shopping experience enables