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Hyper-luxury golf carts that you can drive on the road
  + stars: | 2024-05-13 | by ( Jack Bantock | ) edition.cnn.com   time to read: +7 min
But one Danish company is on a mission to put the art in golf cart. “When it came to the golf cart 18 years ago, they all looked the same – there weren’t any serious high-end products out there,” Lynge told CNN. You want something that’s sort of Lamborghini-shaped – very low and wide – but the golf cart is the exact opposite.”Tiger Woods rides a conventional golf cart at a tournament in 2005. Lynge took the prize ceremony event as an opportunity to pitch a dream that would be realized in 2016 – a Garia golf car inspired by Mercedes-Benz Style. “Really expensive … super exclusive, but also the coolest golf car you’ll ever see,” Lynge said.
Persons: Anders Lynge, Soren Bak Hansen, ” Lynge, Garia, Lynge, , , Woods, Jeff Gross, Mercedes, Lars Larsen, Lynges, , we’ve Organizations: CNN, Augusta National, Garia, Bentley, Lamborghini, Kussmaul, Mercedes, Benz, US, Lars Larsen Group Locations: Turnberry, Scotland, Copenhagen, German, Europe, , London
“More world leaders have sat on that box than any chair in history,” the photographer Platon, owner of that very box, told CNN in an interview conducted over Zoom. One of the girls that Platon photographed there was Esther Faraja. Vladimir Putin, photographed by Platon for Time’s Person of the Year in 2007, initially liked the image that Platon produced. Platon photographed Burmese politician and activist Aung San Suu Kyi in 2010, shortly after she was released from nearly 15 years of house arrest. Platon photographed members of the Burmese LGBTQ+ community who are living in exile and fighting against legislation that criminalizes same-sex behaviour.
Persons: CNN — Vladimir Putin, Muammar Gaddafi, Mark Zuckerberg, Platon, , ” Platon, it’s, Platon Antoniou, George, John Kennedy Jr, Barack Obama, , Esther Faraja, Josue, Mukwege's, Denis Mukwege’s, you’re, ” Vladimir Putin, doesn’t, Vladimir Putin, Putin, who’s, Clinton, Platon Bill Clinton, there’s, Bill Clinton, Hillary Clinton, “ Hillary, Aung, Suu Kyi, Platon Anastasia Smirnova, we’re Organizations: CNN, Hollywood, Royal College of Art, New Yorker, Kremlin, Downing, Mukwege's Panzi, Denis Mukwege’s Panzi, Society Locations: Greece, London, New York, George Clooney’s, Congo, Russian, Suu, Burma, Russia
So, she set out to do just that for her most recent van conversion. AdvertisementFor the next nine months, she designed and built a space that's just as much functional as it is artistic. By the end of the conversion, Minor said she spent $140,000 on the build. For example, Minor used liquid fiberglass — a material that's typically used on the exterior of automobiles — inside her van. "In which case, it just turns into a regular business that's complicated, that's restricted."
Persons: , Abbe Minor, Minor, Autoevolution, Noovo, I've, I'm, she'd, Diego's, Minor's van, van isn't, Abbe Minor's van, she's Organizations: Service, Business, Minor, Overland Locations: San Diego, Pennsylvania, Washington
Jury selection begins Monday in the federal criminal trial of U.S. Sen. Bob Menendez, D-N.J., who is charged with accepting "hundreds of thousands of dollars" in bribes — including some in gold bars — in return for official acts. It also alleges the couple received "gold bars, payments toward a home mortgage, compensation for a low-or-no-show job, a luxury vehicle and other items of value," such as jewelry and exercise equipment. The other two, Fred Daibes and Wael Hana, have pleaded not guilty and will stand trial alongside Menendez. The indictment noted a search of Menendez's home in 2022 turned up "two one-kilogram gold bars and nine one-ounce gold bars that had serial numbers indicating they had previously been possessed" by Daibes. The federal criminal trial is the second Menendez has faced since he was elected to the Senate in 2006.
Persons: . Sen, Bob Menendez, he's, Nadine Menendez, Damian Williams, Jose Uribe, Fred Daibes, Wael Hana, Menendez, Daibes, Uribe, He's, Donald Trump Organizations: ., Senate Foreign Relations, Prosecutors, Southern, of New York, Government, Democratic, Senate, Democratic Party Locations: New Jersey, Qatar, Egypt, Hana, Cuba, Florida, Paris
Each month, they pay $3,700 for their mortgage, $3,342 on their credit card debt and $2,495 on their auto loans. 'The house is burning down'When Sethi asked Kevin and Michelle why they needed help despite their high income, Kevin said impulse buys like drinks at 7-Eleven have really added up. The couple owes $73,000 in credit card debt and $99,000 on two auto loans for luxury cars. "That's a total distraction from what's really going on here, which is the house is burning down." At the time of the podcast's recording, the couple's fixed costs came out to about 73% of their monthly income.
Persons: Ramit Sethi, Rich, Kevin, Michelle, Sethi
Editor’s Note: This article was originally published by The Business of Fashion, an editorial partner of CNN Style. The design was upcycled from vintage Chanel scarves by stylist Logan Horne, whose brand, J. Logan Home, specializes in refashioning heritage luxury accessories. Fashion brands' legal claims are varied but ultimately boil down to concerns that third parties are free-riding on brands’ valuable IP in ways that could risk confusing consumers, eroding primary sales and tarnishing or diluting carefully cultivated marks. Some big brands, like Prada, Gucci and indeed Levi’s, have already dabbled with upcycling collections and programs of their own. These days, she says she’s having about a conversation a week with brands interested in exploring collaboration, but the industry moves slowly.
Persons: Travis Kelce, Logan Horne, Logan, Webster, They’ve, Chanel, Horne, , Susan Scafidi, J, Logan Home’s, Christian Vierig, Louis Vuitton, Levi’s, Jeremy Moeller, Irene Calboli, ” Chanel, des, Batsheva Hay, Monica Schipper, , Hay, upcycling, I’m, Prada, Gucci, Anna Foster, Gabriela Hearst Organizations: The, Fashion, CNN, NFL, Dua, Law, Paris Fashion, Business of, , Getty, Logan Home, Texas, M University, Fashion Trust, Business of Fashion, Industry Locations: New York, Texas, Beverly Hills , California, India, Europe
The first-quarter reporting season is nearing its end, but investors may want to pay close attention to these stocks reporting this week poised to potentially experience volatile moves. A handful of Chinese technology and e-commerce stocks showed up, including Alibaba, Baidu and JD.com. All three stocks are poised to experience moves of about 6% or more. Home improvement stock Home Depot and discount retailer Walmart also made the cut, with both stocks slated to experience moves of roughly 4%. Other stocks poised for potentially big moves include Under Armour , Take-Two Interactive and Applied Materials .
Persons: That's, Jack, Krisztina Katai, Nick Wells Organizations: CNBC Pro, Baidu, Walmart, Deutsche Bank, Materials
Saudi Arabia's sprawling megacity, Neom, is billed as a chance to live in the "new future." AdvertisementOfficials say Neom will be a "cognitive city." The chosen candidate will control and operate the fish laboratory, ensuring high standards of fish welfare and supporting surveillance and investigation activities into fish health and disease control. Developers have said they want the island resort Sindalah to act as an "exclusive gateway to the stunning Red Sea." An image showing a nighttime view of mountains in the region in northwest Saudi Arabia where planners say Neom will be built.
Persons: , Neom, Prince Mohammed bin Salman's, Neom's Organizations: Service, Tech, NEOM Community School Locations: Saudi, Saudi Arabia, Tabuk, Sindalah, Gulf, Aqaba, Neom, Oxagon
I immigrated to Canada from Nigeria when I was 22 for my master's degree and started working right after graduating. I had thought about starting my own clothing brand for years, so I started working on ideas for that too. One of the biggest things I'm taking away from this sabbatical is realizing that a lot of things are not that serious. I've never been this happy, and I'm the most broke I've ever been. AdvertisementIf you took a sabbatical and would like to share your story, email Jane Zhang at janezhang@businessinsider.com.
Persons: Alma Rex, Ezonfade, , I'm, would've, I'd, what's, I've, Jane Zhang Organizations: Service, YouTube, Google, Abbey Locations: Toronto, Canada, Nigeria, Caribbean, Europe, Punta Cana, janezhang@businessinsider.com
Here’s what prosecutors say the senator and his wife got:Gold barsProsecutors say Hana and Daibes gave Menendez and his wife gold bars, which were seized by the FBI from the Menendez residence. After returning from a trip to Egypt and getting a ride home from the airport from Daibes’ driver, prosecutors say Menendez searched online for the price of a gold bar. Nadine Menendez needed a new car, apparently after hitting and killing a jaywalker in Bogota, New Jersey, in December 2018. There is a long list of actions prosecutors say Menendez undertook in exchange for all of these alleged bribes. The envelopes of cash prosecutors say bore Daibes’ fingerprints may be more difficult to explain.
Persons: CNN — Democratic Sen, Bob Menendez, Mercedes, Menendez, CNN’s Manu Raju, , , Nadine, Wael Hana, Fred Daibes, Jose Uribe, Daibes, Nadine Menendez’s, Nadine Menendez, Uribe, Hana, , , Qataris, retry Menendez, Salomon Melgen, Melgen, Donald Trump Organizations: CNN — Democratic, Bob Menendez of New, Senate Foreign Relations Committee, Capitol, FBI, Court Southern District of, Prosecutors, Court Southern District of New York Prosecutors, Court Southern District of New York, Menendez, Uribe, Mercedes, Benz, Senate Foreign Relations, US Department of Agriculture, New York, of Justice Locations: Bob Menendez of, Bob Menendez of New Jersey, Egypt, Qatar, New Jersey, Daibes, Court Southern District of New York, Bogota , New Jersey, New
Who Are Key Players in the Menendez Case?
  + stars: | 2024-05-11 | by ( Tracey Tully | Benjamin Weiser | ) www.nytimes.com   time to read: +7 min
Who Are Key Players in the Menendez Case? Mr. Menendez goes to trial on May 13 with two of the businessmen, Fred Daibes and Wael Hana. Fred Daibes New Jersey Real Estate Developer Mr. Daibes is accused of giving Mr. Menendez furniture, gold and cash. Nadine Menendez Mr. Menendez’s Wife Ms. Menendez served as a go-between for Mr. Menendez, Egyptian intelligence officials and men who were seeking political favors from the senator, according to the indictment. Defense LawyersAdam Fee Lawyer for Robert Menendez He previously spent five years as a prosecutor in the U.S. attorney’s office for the Southern District — the same office prosecuting Mr. Menendez.
Persons: Menendez, Robert Menendez, Nadine Menendez, Mr, Fred Daibes, Wael Hana, Menendez's, Daibes, Nadine Menendez Mr, Menendez’s, Ms, Jose Uribe, Uribe, Uribe's, Sidney H, Stein, Bill Clinton, Jennifer Shah, Hassan Nemazee, Damian Williams, Williams, President Biden, Sam Bankman, Fried, Juan Orlando Hernández, Christina Clark, Clark, Charles McGonigal, Catherine Ghosh, Eli Mark, Paul Monteleoni, Robert Hadden, Lara Pomerantz, Ghislaine Maxwell, Jeffrey Epstein, Norman Seabrook, Daniel Richenthal, Sheldon Silver, Michael Avenatti, Adam Fee, Fee, Avi Weitzman, Lawrence Lustberg Organizations: Democrat, Robert Menendez New Jersey, Senate Foreign Relations, Jersey Real, EG, Prosecutors, United, Jose Uribe Former New, Benz, U.S, Southern, of, Democratic, Attorney, Southern District of, ex, Public, New, New York City Housing Authority, Justice Department, Southern District’s, New York State Assembly, Nike . Defense, Southern District Locations: New Jersey, Manhattan, Jersey, Egypt, Qatar, United States, Jose Uribe Former New Jersey, of New York, Southern District, Southern District of New York, Russian, New York City, Brooklyn, Columbia, New York, U.S, California
Saudi Arabia is planning to build the world's longest infinity pool in Neom's Treyam region. The plans dwarf Dubai's 393-foot-long infinity pool that's suspended between twin skyscrapers. AdvertisementSaudi Arabia is planning a spectacular infinity pool that will be almost 1,500 feet long. #Treyam #NEOM pic.twitter.com/syJG7hCZ34 — NEOM (@NEOM) March 20, 2024In a statement, Neom said the design "represents a harmonious fusion of contemporary design and minimal environmental impact while promising guests an unparalleled retreat to unwind and rejuvenate amidst breathtaking natural vistas." NeomIf completed, the pool would dwarf nearby Dubai's offering — a 393-foot-long infinity pool suspended between twin skyscrapers.
Persons: , Neom, Prince Mohammed bin Salman's Organizations: Service, Planners Locations: Saudi Arabia, Treyam, Neom's Treyam, unwind, Aqaba, Neom's, Saudi
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The subsequent uproar resulted in Thomas updating financial disclosures to indicate his ties to the conservative donor. "I think what you are going to find and especially in Washington, people pride themselves on being awful. It is a hideous place as far as I'm concerned," Thomas told his Friday audience, per the AP. Representatives for Thomas and the Supreme Court did not immediately respond to a request for comment.
Persons: , Clarence Thomas, he's, Thomas, Justice, Kathryn Kimball Mizelle —, Donald Trump, it's, Harlan Crow, Ginni Thomas Organizations: Service, Circuit Judicial, Associated Press, Business, US, The New York Times, Finance Locations: Clear , Alabama, Washington
Here's how much it costs to own a superyacht — and what that money is going toward. Billionaires like Jeff Bezos, Mark Zuckerberg, and Steve Jobs each spent nine figures on their megayachts. Some superyachts have space for dozens of crewmembers, including a chef, engineer, and masseuse for the guests onboard. If a superyacht has a support yacht — or a support superyacht, in Bezos' case — expect to pay another 10% of that boat's price annually. "If you charter the boat for 50 days a year, it's going to help a lot," Anders Kurtén, the CEO of brokerage firm Fraser Yachts, told BI.
Persons: you'd, Jeff Bezos, Mark Zuckerberg, Steve Jobs, Jeffrey Beneville, Eric Schmidt's, Matthew Fleissig, NFP's Beneville, it's, Anders Kurtén, Beneville Organizations: Palm, NFP, BI, Yachts Locations: South China, Russian, San Diego
New York CNN —If you took an American Airlines flight in the 1960s, you’d be wined and dined from the Coach-class “Royal Coachman” menu. “Meal service was once a point of pride,” said Henry Harteveldt, who covers the travel industry for Atmosphere Research Group. Meal service was a big focus of [competition] because entertainment options were more limited,” Harteveldt said. The September 11 attacks accelerated the decline of free airline meals. Airline meals had been the brunt of jokes and criticism for decades, but now people miss them.
Persons: you’d, , Henry Harteveldt, Peter Stackpole, Robert Crandall, Blaise Waguespack, It’s, Beef, ” Harteveldt, Rob Welham, Molly Brandt Organizations: New, New York CNN, American Airlines, Atmosphere Research, Pan American Airline, Shutterstock Airlines, Carriers, Singapore Airlines, Michelin, Embry, Riddle Aeronautical University, , Smithsonian, ” Airlines, “ Airlines, British Airways, Camera, Airlines, Continental Airlines, North America, mojo Locations: New York, Daytona Beach , Florida, Delta, North
Here's how much it costs to own a superyacht — and what that money is going toward. Billionaires like Jeff Bezos, Mark Zuckerberg, and Steve Jobs each spent nine figures on their megayachts. Some superyachts have space for dozens of crewmembers, including a chef, engineer, and masseuse for the guests onboard. If a superyacht has a support yacht — or a support superyacht, in Bezos' case — expect to pay another 10% of that boat's price annually. "If you charter the boat for 50 days a year, it's going to help a lot," Anders Kurtén, the CEO of brokerage firm Fraser Yachts, told BI.
Persons: you'd, Jeff Bezos, Mark Zuckerberg, Steve Jobs, Jeffrey Beneville, Eric Schmidt's, Matthew Fleissig, NFP's Beneville, it's, Anders Kurtén, Beneville Organizations: Palm, NFP, BI, Yachts Locations: South China, Russian, San Diego
Manhattan has a new unlikely feathered friend, and she’s visiting luxury retailers, dining at high-end restaurants and roosting in Park Avenue’s densest, greenest trees. Known as Astoria, the wild turkey is about as tall as a toddler, with iridescent hues of orange and blue in her brown feathers, an elegant neck, a healthy figure and wings that have helicopter-like strength. Her unusual appearance in Manhattan this week has once again drummed up excitement, bemusement and a growing following of New Yorkers fascinated by the wild fowl’s adventures — and concerned for its safety — in the Big Apple. David Barrett, a birder who runs the Manhattan Bird Alert account on X, was out in Central Park with his camera when he received an alert from a birding website after 5 p.m. on Tuesday about a wild turkey sighting in Midtown Manhattan. He headed to the corner of 49th Street and Park Avenue, where he said the bird nestled in a planter outside of Fasano, a high-end Italian restaurant.
Persons: , David Barrett Organizations: Manhattan, Big Apple Locations: Astoria, Manhattan, Central Park, Midtown Manhattan, Fasano
But it's not a decision one should make on whim; multiple factors can easily complicate the process, experts say. But in most cases, the U.S. buyer will need to open a bank account in the country they're buying real estate. 'Understand what your needs are'It will be important for you to "understand what your needs are," Boisson Aries said. "Buying these direct properties for that purpose is something that comes with far more risks than people realize," he said. And if you do decide to use the property for rental or commercial use, you may have additional tax burdens in that country, Boudreaux said.
Persons: Jude Boudreaux, it's, Boudreaux, Bojan Mujcin, Mujcin, Erin Boisson Aries, Douglas Elliman, Boisson Aries Organizations: Planning, Coldwell, CNBC, Sotheby's Locations: New Orleans, U.S, Barcelona, Costa Brava, Spain
Federal authorities on Friday charged Fat Brands and its chair Andy Wiederhorn of committing a brazen scheme that netted him $47 million in bogus loans from the restaurant company that owns Fatburger, Johnny Rockets and Twin Peaks. Fat Brands, Wiederhorn and a few other people were criminally indicted by a federal grand jury in Los Angeles for wire fraud, tax evasion and other counts related to the alleged scheme. "These charges are unprecedented, unwarranted, unsubstantiated and unjust," Fat Brands counsel Brian Hennigan said in a statement. As chief executive of Fat Brands, Wiederhorn, 58, allegedly directed the company to loan its own funds to him, with no intention of ever paying the "sham" loans back, according to the indictment. He also did not report any of the so-called loans from Fat Brands as income, according to the indictment.
Persons: Andy Wiederhorn, Johnny, Brian Hennigan, Wiederhorn, overreach —, Nicola Hanna, Wiederhorn's, Thayer, Ron Roe, Rebecca Hershinger, William Amon Organizations: Brands, Johnny Rockets, U.S . Securities, Exchange Commission, Fat Brands, SEC, Fog, Wiederhorn Locations: Los Angeles, Oregon, U.S
I'm from Athens, Greece, and I travel around the islands all the time staying at luxury resorts. Some of my favorite spots in Crete are Stella Island Resort and ACRO Suites. And if you're looking for luxury, I've found some of the best resorts in the country. One&Only Aesthesis Resort, AthensOne&Only is a global brand, but the chain's first luxury resort in Greece is located in Glyfada, right by the sea. AdvertisementStella Island Resort, Heraklion, CreteStella Island is an adults-only resort that's great for solo women, couples, or honeymooners.
Persons: Sani, , I've, Mari, Cavo, Fani Mari, Halkidiki Sani, Milos Cove, Milos, Milos —, Aphrodite, Porto, Sven Hansche Organizations: Service, Delta Air Lines, UNESCO, Cavo, Porto Heli Porto Heli, Porto Cheli Locations: Athens, Greece, Crete, Stella, Mystras, Mykonos, Glyfada, Kea, Antiparos, Heraklion, Crete Stella, Maldives, Agia Pelagia, Kiev.Victor, Zakynthos, Peloponnese, UNESCO, Spetses
Real estate stocks have become oversold and that's presented an opportunity for investors, according to BMO. Real estate is the only S & P 500 sector that's in the red this year, off 6%. .SPLRCR YTD mountain S & P 500 Real Estate Sector year to date BMO identified four other periods of this abnormal underperformance. In the year following such troughs, real estate investment trusts outperformed the S & P 500 by about 17%, on average. "The death of commercial real estate is way, way precluded.
Persons: that's, Brian Belski, Belski, REITs, Charles Meyers Organizations: BMO, Real, Boston Properties, CNBC, Boomers, . Census, Hotels, Resorts Locations: New York, San Francisco
First-class travel has exhibited special strength, though management noted that can be tied in part to a resurgence of business trips. People taking these loans are more likely to be lower-income with no more than a high school diploma, Lanier said. Daniel Acker | Bloomberg | Getty ImagesFrozen food maker Tyson Foods has seen consumers shifting more to eating at home than the quick-service restaurants it supplies. It's also important to remember that lower-income Americans were feeling financial pressures before the pandemic, said Tyler Schipper, an associate professor of economics at the University of St. Thomas in Minnesota. Airbnb touted interest in travel to events like the Paris Olympics and the European Cup in Germany this summer.
Persons: there's, It's, Christophe Le Caillec, underscoring, Blair Lanier, Lanier, McDonald's, Tyson, Daniel Acker, Tyson Foods, Stanley Black, Decker, Jane Fraser, CNBC's Sara Eisen, Fraser, Nancy Lazar, Piper Sandler, Tyler Schipper, Thomas, Schipper, Eric Thayer, We've, Cliff Pemble Organizations: TSN, American Express, Federal Reserve, CNBC, People, University of Michigan, San Francisco Federal Reserve, U.S, PepsiCo, Bloomberg, Getty, Tyson, Management, Adobe Analytics, Furniture, Citigroup, University of St, Airlines, Delta Air Lines, JetBlue Airways, Caribbean . Booking Holdings, Paris Olympics, European, Ticketmaster, Cedar Fair, Flags, Wayfair, Garmin Locations: America, U.S, Minnesota, New York, Germany, Valencia , California
Ford Motor on Friday named the former chief financial officer of electric vehicle startup Lucid to replace its current CFO, who is being promoted to more closely oversee the company's ongoing turnaround plan. The ex-Lucid executive, Sherry House, will join Ford first as finance vice president in early June. She's set to transition into the CFO role in early 2025, the company said in a press release. In the meantime, current CFO John Lawler will continue in his position while expanding his role to become vice chair. "Make no mistake, EVs are coming, EVs are part of the future," Lawler had told CNBC back in February.
Persons: John Lawler, Linda Zhang, Sherry House, She's, Lawler, Ford, Sherry, Jim Farley Organizations: New York Stock Exchange, Ford, CNBC, Lucid Motors, General Motors Locations: New York City , New York, U.S, Saudi Arabia
Some of the best early Memorial Day mattress discounts are from Leesa, Helix, Bear, Nolah, and Brooklyn Bedding. For even more of this month's best discounts, check out our roundups of the best Mother's Day deals and the best Memorial Day sales. Leesa Memorial Day dealsLeesa Sapira Hybrid Mattress (Queen) $1,499.00 $1,999.00 Save 25% The Leesa Sapira Hybrid Mattress has great edge support and motion isolation. Helix Memorial Day dealsHelix Moonlight Mattress (Queen) $999.00 $1,332.00 Save 25% This mattress is soft and plush and best suited for back and stomach sleepers. Nolah Memorial Day dealsNolah Evolution 15-inch Mattress (Queen) $1,624.00 $2,499.00 Save 35% The Evolution is Nolah's most substantial mattress for total support.
Persons: Leesa, you'll, Nolah Organizations: Business, Luxe Locations: Brooklyn
Malcolm Aw said he pulled out of a Neom contract because of alleged Saudi human rights abuses. AdvertisementA green energy founder pulled out of a $100 million Neom contract after he realized that the Saudis were bulldozing villages to make way for the megacity. AdvertisementHowever, satellite images analyzed by the BBC showed three villages, including schools and hospitals, were destroyed to make way for Neom. Aw's company uses solar energy for desalination, while most desalination plants burn fossil fuels and have been found to pollute oceans. "You know, we have the technology to solve the [green energy] problem that people are complaining about today.
Persons: Malcolm Aw, , Neom, Mohammed bin Salman's, Aw, Col Rabih Alenezi, Abdul Rahim al, Aw Boon Haw, Fatima al, Shawarbi, there's Organizations: Solar Water, Service, Solar, Saudi, BBC News, BBC, Neom, UN, BI, Bloomberg Locations: Saudi, Saudi Arabia, Dubai, Qatar, Neom
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