“There's absolutely no reason why taxpayers should subsidize luxury yachts, especially when the vital education and living assistance programs people rely on are threatened with massive cuts,” said Quigley. “As we work to get our fiscal house in order …

MADRID — The Spanish government says a luxury yacht no longer wanted by King Juan Carlos will be returned to the business group that donated it to the monarch. Deputy Prime Minister Soraya Saenz de Santamaria said Friday the government had …

Freshfields Bruckhaus Deringer corporate partner Alan Wang (pictured), one of the lead partners on the recent purchase of Sunseeker, the UK luxury yacht-maker, by Chinese conglomerate Dalian Wanda Group, agrees that the outbound M&A market is perking …

"We're not giving a break to yacht owners," said Widlitz, a Democrat whose district includes the Long Island Sound towns of Branford and Guilford. "This is economic development." Since the state imposed the luxury tax two years ago, boat sellers and …

Now the luxury liner which played host to the crème de la crème of 1950s high society — including Frank Sinatra, Marilyn Monroe, Elizabeth Taylor, Richard Burton and John Wayne — has gone on sale for a whopping $32 million. Read: From Beyonce to …

The billionaire was nervously pacing aboard his yacht Arctic P in Tahiti's Bora Bora when his business lieutenant Rowan Craigie telephoned with the news he had hoped to hear. "I'm just very excited to be able to construct a building in Sydney which …

MONTE CARLO, Monaco, July 4, 2013 /PRNewswire via COMTEX/ — Originally designed to meet the requirements of an accomplished diver owner, the 73.6m luxury yacht PEGASO was built by Spanish yard, Freire, to an H2/Andy Moore design with Mark …

“Oceans” itself — which, true to Jay-Z wordplay, features Frank Ocean on vocals — juxtaposes thoughts of slave ships with Jay-Z's current luxury, cruising on a yacht; its track is a brass-section elegy. It's typical of an album on which Jay-Z turns …

The fabled Christina O, once a Canadian warship that helped launch the historic D-Day assault before its transformation into the world's most luxurious yacht, has been put up for sale by its current ownership consortium — 70 years to the month after …