The loan program, spotlighted by a New York Times article from June, was designed to provide Sexton and other high-ranking school officials with easy loans for luxury vacation homes. As the Times reported, Sexton had a loan for $600 thousand dollars …

For example, Nordstrom, a barometer of luxury spending, on Thursday reduced its sales outlook for the year. The company issued its report after the stock market closed, and its stock sank in after-hours trading. Wal-Mart has said its lower-income …

"Millennium customers on the other hand are expecting entry level luxury cars that offer unparalleled technology and connected services. This has been made evident by plans from luxury makers Daimler and BMW to introduce the CLA sedan and 3 series …

Hotel chain Ritz-Carlton is entering the Israeli market with a property in Herzliya to capitalize on an increase in the country's tourism and its growing technology sector. The Herzliya, Israel property will open at the end of 2013 and marks the latest …

For someone able and willing to spend more on a luxury vehicle, the decision might be based less on the potential for savings and more on personal preference to be 'green' or to drive something that represents the state of the art in automotive …

… Wanda's parent company acquired AMC Theatres, the second-largest theater circuit in the U.S. And Beverly Hills-based RealD also has partnered with Beijing SAGA Luxury Cinema Management Co. to equip the Chinese theater chain with 3-D technology.

Sheikh Khalifa bin Zayed bin Sultan al-Nahyan, the President of the United Arab Emirates and emir of Abu Dhabi, has been revealed as the owner of Azzam, a 180-metre superyacht so big few berths can accommodate it. The boat beats Chelsea Football …

Perched on a cliff edge over the Gulf of Salerno, Monastero Santa Rosa is one of the finest hotels along Italy's Amalfi Coast. The 17th-century building, originally a monastery, has been lovingly restored into a boutique hotel by its American owner who …

The 70 metre superyacht Talisman C was built by Proteksan Turquoise in Turkey, to a design by H2 Yacht Design. H2 created both the striking exterior lines of the superyacht and the yacht's luxurious interior. Being the second yacht built for this owner …