Dr. Rick C. Ernst
Coaching The Affluent To A Fulfilling Life
of Peace, Passion, Profits And Philanthropy.
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LVMH buys control of luxury brand for euro 2 bn
www.business-standard.com

Loro Piana, which makes 30 percent of its sales in Asia, has enjoyed continued strong demand in China even as some other luxury brands such as Gucci and Louis Vuitton have experienced slowdowns. Earlier this year, it said it expected sales to grow a …

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Audi June sales up 5.5 pct as US, China offset Europe drop
www.reuters.com

BERLIN, July 8 (Reuters) – German luxury-car maker Audi said sales rose 5.5 percent in June to 140,300 cars and sport-utility vehicles as demand from China and the United States more than offset declining deliveries in core European markets. Half-year …

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BMW extends sales lead over rivals
www.globaltimes.cn

BMW's sales rose faster in June than at Audi and Mercedes as demand from China and the US helped the German luxury car maker to extend a lead over its two main rivals in the first six months of the year. Sales at BMW's core brand were up 9.4 percent in …

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Tesla Motors stock joining Nasdaq 100 index
www.latimes.com

The automaker reported selling 8,931 cars in the first half of 2013. … Despite its niche, luxury-green market, Tesla's stock price has more than tripled in the last year, prompting some analysts to voice concerns that the shares are overvalued …

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Is An Emerging Markets Crash Ahead?
seekingalpha.com

Brazil – clear inflation problem and seemingly little resolve to fix it. China commodities consumption reliance. Major high–end real estate bubble. Canada/Australia – real estate/consumer credit bubble. China commodity and Asian real estate speculation …

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The Unread: The Mystery of the Voynich Manuscript
www.newyorker.com

I made an electronic facsimile of the book for my iPad using high-resolution scans of the pages, and spent hours—which turned into days and weeks—flipping through the pages, captivated by the smallest details in the margins. A tiny drawing of a …

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Commerce Dept. Wasted $2.7 Million In 'Misunderstanding' Over Hacker Threat …
www.huffingtonpost.com

"In the end, nothing identified on EDA's components posed a significant risk to EDA's operations," the report said. "The destruction of IT components was clearly unnecessary because only common …. Radio-Frequency Identification (RFID) chips are now …

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Tim Cook's attempt to transform Apple
www.marketwatch.com

Now that the market for high–end smartphones has become saturated, Apple needs a new gig. It appears that wearable gadgets may be the answer. Apple has been registering the "iWatch" trademark across the world. Many uses of iWatch have been …

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IMF Reduces Global Growth Outlook as US Expansion Weakens
www.bloomberg.com

World economic growth will struggle to accelerate this year as a U.S. expansion weakens, China's economy levels off and Europe's recession deepens, the International Monetary Fund said. Global growth will be 3.1 percent this year, unchanged from the …

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