WEALTH

AUTOS

First 2016 MX-5 Miata Cup Race Car Immediately Put into Service on Laguna Pace Duty

– Mazda’s ultra-sweet MX-5 Cup race car, based on the new fourth-generation Miata, is finally complete. We first saw the zoomy take on the latest Miata at last year’s L.A. auto show, where the car debuted in prototype form; now, however, Mazda has completed its happy little race car and is tossing it into service immediately as a pace car for the Rolex Monterey Reunion historic races. – Of course,

REAL ESTATE

Republican debate sets record with 24 million viewers on Fox News Channel

LOS ANGELES (Reuters) – The Republican candidates’ prime-time debate on Fox News Channel drew 24 million viewers, a record audience for a presidential primary debate, according to Nielsen data provided by Fox on Friday. The tally for Thursday’s event was the highest non-sports telecast in cable history, a Fox spokeswoman said. The brash style of billionaire real estate mogul Donald Trump, who has dominated news coverage in recent weeks, and

Trump dominates Facebook and the Twittersphere, Ben Carson second

Real estate mogul Donald Trump delivered some of the most talked-about moments during the prime-time Republican presidential debate on Thursday, garnering the most mentions on Twitter, with retired neurosurgeon Ben Carson a distant second. Trump was also the most-discussed candidate on Facebook during the debate, with Carson again behind him, and Trump was the most searched name on Google as well, according to data released by the companies. Trump, Carson,

Exclusive: Witkoff in the lead to buy the New York Daily News – sources

Real estate tycoon Steven Witkoff is in the lead to acquire the New York Daily News, prevailing over other high-profile bidders in an auction for the struggling tabloid newspaper, according to people familiar with the matter. Witkoff is in negotiations with the newspaper’s owner, media and property mogul Mort Zuckerman, about a deal that remains far from certain given the New York Daily News’ declining readership and growing liabilities, the

Sun Life eyes bigger stake in India insurance venture – CEO

By John Tilak TORONTO (Reuters) – Canadian insurer Sun Life Financial Inc is interested in raising its stake in its Birla Sun Life Insurance joint venture in India as it weighs several acquisition opportunities in Asia and North America, its top executive said on Thursday. Birla Sun Life is a joint venture with Indian conglomerate Aditya Birla Group and is one of India’s biggest insurance companies. Sun Life has been

Mortgage Rates Plunge to 3.75%, Lowest Level Since May

Filed under: Buying, Financing, Refinancing ZillowThe weekly mortgage rate chart illustrates the average 30-year fixed interest rate in six-hour intervals. By Lauren Braun Mortgage rates for 30-year fixed loans fell this week, with the rate borrowers were quoted on Zillow Mortgages at 3.75 percent, down 8 basis points from the same time last week. The 30-year fixed mortgage rate dropped Friday, then hovered around the current rate for the rest

LUXURY

Balenciaga taps Sam Smith for brooding fall campaign

Balenciaga fall/winter 2015 menswear campaign French fashion house Balenciaga is collaborating with soulful singer Sam Smith on its fall/winter 2015 menswear campaign. The campaign, shot by photographer Josh Olins, takes place in a cell-like concrete room, with the artist captured in black-and-white leaning despondently against the walls. The latest pop star to work with a fashion label, Mr. Smith helps to bring a depth of emotion and vulnerability to Balenciaga’s

Dior provides insight into its founder with expanded Summer Saga content

Readers are encouraged to visit The Musée Picasso French fashion house Christian Dior is encouraging consumers to visit new locations in Paris as part of its Summer Saga series honoring the brand’s eponymous founder. These posts not only give more insight into Mr. Dior’s life for fans and followers interested in learning more about him, but they also provide unique activities to enjoy while visiting Paris. Creating a cohesive brand

Ferrari creates comprehensive retail experience at new Dubai location

Ferrari 488 GTB Italian automaker Ferrari is expanding its presence in the Middle East with its second largest flagship in the world. The new store in the Dubai Mall is designed to reflect Ferrari’s new retail concept and will feature automobiles themselves in addition to accessories and memorabilia. The store is both a retail location and an entertainment venue, and it will also allow consumers to drive the cars on

Givenchy embraces limited ecommerce with special preorder on Web site

Givenchy’s Nightingale bag French fashion label Givenchy is giving consumers the opportunity to preorder one of its most iconic bags online, while still maintaining the brand’s classic and personal aesthetic on its Web site. Givenchy is offering the famous the Nightingale bag, originally designed in 2006 and worn around the world, in two reworked styles that will appeal to contemporary consumers. Additionally, by offering a presale on its Web site,

Nordstrom goes big with rooftop Instagram installation to promote sale

Instagram installation on Nordstrom’s roof Department store chain Nordstrom is reminding consumers to check out its summer sale with a quirky but somewhat popular summer trend that has the brand creating a giant, 3D installation on its roof. For the unique effort, Nordstrom chose to depict its Leith leopard-print body-con dress, which is actually available at the Anniverary sale, as part of a large-scale Instagram post. Creating unexpected visual projects