Wednesday, April 7, 2010 as of 11:14 AM ET
is the luxury vehicle division of Japanese automaker Toyota Motor Corporation. First introduced in 1989 in the United States, Lexus is now sold globally and has become Japan's largest-selling make of premium cars.
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Facebook's $104 billion initial public offering on Friday transformed thousands of young people into instant millionaires – as well as a few billionaires – and already the booming luxury market in Silicon Valley is experiencing an upswing.
Multi-million dollar mansions and $100,000 Porsches are flying off local shelves in the Palo Alto, Santa Clara and Menlo Park areas of California. And the charge of luxury living is being led by a group of young entrepreneurs and techies as well as investors and venture capitalists that have scored famously from Facebook's Nasdaq debut.Facebook (NYSE:FB) began trading on the stock exchange Friday morning in a $104 billion IPO that marked the second-biggest in history behind Visa (NYSE:V) and ahead of General Motors (NYSE:GM). When CEO Mark Zuckerberg rang the opening bell, he and few close colleagues became instant billionaires, while thousands of lower-level employees became millionaires.The sudden wealth has already seeped into the local economy, ca...
QlikTech CEO Lars Bjork on how the company’s data analysis software can reduce costs and make companies more efficient.
When Dan Patrick talked with New York Giants owner John Mara mere seconds after he was presented with the Lombardi Trophy Sunday night after the Super Bowl, my react...
Talks underway in Greece to approve spending cuts in exchange for bailout cash while citizens participate in 24-hour general strike
CarMD.com Corp. Vice President Art Jacobsen on which luxury cars are the most reliable and what consumers can expect to pay for repairs.
FBN's Dennis Kneale breaks down the Super Bowl ads to be watching out for during the game.
Alexis Kahn, owner of ABV, discusses her new Manhattan wine bar that will have four wines on tap, and gives customers the option of paying for their alcohol by volume consumed.
BMW North America CEO Ludwig Willisch and U.S. Olympic speed skater Apolo Ohno on beating other high-end luxury automakers in sales, plus a look at the new concept cars.
BMW posted record car sales for 2011 and forecast that a boom in luxury cars would keep it ahead of rivals this year as the world's biggest maker of premium cars enj...
BMW grabbed the top spot in the U.S. luxury auto market in 2011, edging out Daimler AG's Mercedes-Benz brand, as both German automakers took advantage of inventory p...
Toyota Motor Corp. said Wednesday that U.S. December sales increased 0.4% to 178,131 vehicles from 177,488 a year ago. Sales of the best-selling Camry rose 7.3% to 3...
Chapin Hill Advisors President Kathy Boyle gives her plays for today's market.
With Christmas season in full gear, the market has been giving us a pretty nice gift. And by nice, I mean a neat 4% up move this past week alone. It doesn’t get much...
Who can buy shares in facebook's IPO? Shibani Joshi and Larry Fishelson explain
Every day, hundreds of car owners take their Toyota, Ford, Lexus or other brand to the local auto shop and receive unexpected, expensive news: They need major car re...
Name: Alan Mulally Date of birth: Aug. 4, 1945 Company: Ford Motor Co. Position: Chairman, president and CEO Education: Bachelor of science, master of science in aer...
Automobile Magazine Editor-in-Chief Jean Jennings and AOL Autos Columnist Lauren Fix debate whether the electric car still has a future and whether higher gas prices will boost the car’s sales.
FBN’s Jeff Flock on why gas prices are the highest in Chicago, and who is to blame for ever-increasing pain at the pump.
CarMD V.P. Art Jacobsen ranks the top pre-owned luxury cars and why they made the list.
Consumer Reports Deputy Auto Editor Jeff Bartlett and Edmunds.com CEO Jeremy Anwyl discuss whether a hybrid or an electric car really save you money.
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