Sergio and Pier Luigi Loro Piana, the brothers who head Italian cashmere clothier Loro Piana SpA, have emerged as billionaires after agreeing to sell 80 percent of the family-owned company to LVMH Moet Hennessy Louis Vuitton SA (MC). LVMH's 2 billion …

Throughout the next few years, Carroll gained infamy for his extravagant lifestyle, which included massive drug use, gaudy golden jewelry, prostitutes and a jail sentence in 2006, the outlet notes. …. Greg Skidmore, Brandon Lacoff and Tim Davidson …

Nelson explains scrappers have told him two theories: they scrap in poor neighborhoods where residents intentionally leave out metal, or they go to wealthier areas where people are more likely to discard items of value. We drive through an affluent suburb.

Besides a new $82 million interchange, Frederick residents suggest better pedestrian crossings, green buses, bus lanes, and even extending the Red Line as future transportation wish list items. …. Being rich is something intrinsically unsympathetic …

For instance, the company has a deal with General Motors (NYSE:GM) which is valid till September 2020. It has also entered into long-term contracts with other car makers such as Ford, Toyota, Kia, Bentley, BMW, Volkswagen, Nissan, Hyundai, and …

The price of spot gold rose to its highest level in seven days Tuesday, to $1,260 an ounce, but that doesn't mean much to Yoni Jacobs, chief investment strategist at Chart Prophet Capital. Jacobs said the reasons for gold's being considered a safe …

Barrick Gold Corporation's has seen its stock price plummet in the last month from about $21 to $14-15, a precipitous drop of nearly 25%. Year to date it's even uglier with the shares down 60%. It's not just Barrick Gold Barrick Gold that's reeling …

Aviation expert: Pilot experience unlikely factor …: Although the pilot of Flight 214 didn't have many hours of experience flying the Boeing 777, an aviation professor says simulation training would have prepared the pilot, who would have also had …

Seven seconds before the Boeing 777 struck down, a member of the flight crew made a call to increase the jet's lagging speed, National Transportation Safety Board chief Deborah Hersman said at a briefing based on the plane's cockpit and flight data …