Thomson Reuters Martin Shkreli, former chief executive officer of Turing Pharmaceuticals and KaloBios Pharmaceuticals Inc, and his attorney Benjamin Brafman. (Reuters) – Martin Shkreli’s lawyer Benjamin Brafman did not run from his client’s troubled public image, describing him as a misunderstood genius, as he began his defense in the former drug company executive’s securities fraud […]

Getty/Pascal Le Segretain Bernard Arnault is the CEO of multinational luxury goods conglomerate LVMH. Bernard Arnault, CEO and chairman of the world’s largest luxury goods conglomerate LVMH, has a dire warning for the global economy. “For the economic climate, the present situation is … mid-term scary,” Bernard Arnault said on CNBC on June 15. Arnault justified his […]

Embraer Embraer 1000E Hollywood Airship. For many, private jet ownership is an opportunity to flaunt their individuality.  This is especially true in the rarefied airspace of the ultra-large executive jet. As the biggest and the baddest private jets flying, owners of these converted airliners want to make their mega-dollar planes stand out from the crowd. This […]

Michaela Rehle/Reuters German airline Lufthansa CEO Carsten Spohr poses with employees in front of an A 350 aircraft. Airlines have been under increased public scrutiny in recent months, following an incident in which a United passenger was violently removed from an overbooked flight. But a top German carrier wants to give fliers something to smile about. […]

Please enable Javascript to watch this video Henry Blodget explains the most important chart in the world right now based on economist Pavlina Tcherneva’s analysis of income gains during recoveries. Which have gone entirely to the top 10%. Blodget points out the growth in profit as a percent of GDP compared to the decline in wages as […]

Rolls-Royce Rolls-Royce Sweptail. At roughly $ 3 million, the Bugatti Chiron is one of the most expensive production cars to ever reach showrooms. So, the words “affordable” and “Bugatti” rarely, if ever, occupy real estate in the same sentence. However, that’s exactly what happened over the weekend. On Saturday, Rolls-Royce unveiled a one-off custom build […]

Big money investors have always sought an edge. Everything from star traders to fast computers to unique analysis can give a big hedge fund an advantage over competitors. The latest battleground is data. Investors are vying for new data sets that their competitors don’t have, or haven’t thought of using. These can range from the basic credit-card sales information to […]

Johnsonville, Connecticut, looks straight out of an episode of “Twin Peaks” — old mill included. But unlike the small town on TV, Johnsonville has been abandoned for nearly 20 years. Located on 62 acres off the Connecticut River, Johnsonville is up for grabs at $ 1.9 million. An eccentric millionaire with the funds to spare […]