Features

Jan Koum, the co-founder of WhatsApp, is paying $87 million for a Malibu, Calif. mansion right next door to one he already owns, according to two people familiar with the deal.

The measure will cause many rollovers, in which hundreds of billions of dollars move annually from 401(k)s to individual retirement accounts, to be more heavily regulated. It also gives investors who feel they have been given bad rollover advice the right to file a lawsuit or arbitration claim.

A new survey from marketing firm Luxury Portfolio International found that buyer interest outpaces demand in the coming months.

The billionaire hedge-fund manager and owner of the Carolina Panthers football team is in contract to buy a roughly $73 million mansion in Palm Beach.

In Holmby Hills, the roughly 2.5-acre property is in the center of the so-called "Platinum Triangle."

The former rapper sketched more than 250 unique sneaker designs from his jail cell, and developed a business plan from prison.

Mercedes-Benz is recalling more than 1.3 million vehicles because the software in their emergency-call systems could send responders to the wrong location after a crash.