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Cash Pads
Why Are Chinese Millionaires Buying Mansions in an L.A. Suburb?
Chinese millionaires are moving in—and building up—in Arcadia, Calif.
Second Acts
Commodities
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How to Make Money at Frieze London
Oct. 17 (Bloomberg) -- Billionaire collectors, investors and art aficionados have been flocking to London’s Frieze week. Art work worth an estimated $2.2 billion is on sale. So how can you get in on the action? Bloomberg's Tom Mackenzie finds out. (Source: Bloomberg)
Headlines
- Gone in an Instant: How One NBA Player Lost $110M
- FedEx Ground Says Its Drivers Aren't Employees. The Courts Will Decide
- Why Are Chinese Millionaires Buying Mansions in an L.A. Suburb?
- Why Retailers Will Love the Apple Pay Era
- Why Brazilian Air Travelers Pack Heavy
- Batman Stamps: Collectors Say Despicable, USPS Says Brilliant
- Facing America's Other Middle-Class Squeeze
- Ello, the Anti-Facebook, Rises From a Vermont Bike Shop
- Index Futures Jump With Aussie Stocks While Yen Retreats
- Leveraged Money Spurs Selloff as Record Treasuries Trade
- London Home Asking Prices Rise Most in Year
- IBM Paying Globalfoundries $1.5 Billion to Take Unit in Retreat From Chips
- Australia Seeks as Much as A$5.5 Billion in Medibank IPO
- Russia to Reject Conditions to End Sanctions After Ukraine Talks
- Modi State Election Wins Pave Way for India Economic Overhaul
- Smiling Widodo ‘Not Scared’ of Roadblocks to Ambitious Agenda
- The McRib's Return Won't Be Evenly Distributed
- Many Franchisees Get Nothing for Their Investment
- Why the Fracking Boom Probably Won’t Slow Global Warming
- Vampires, Star Trek, and Disney: Quirky College Classes That Count Toward Graduation
- Light at the End of the Tunnel for Detroit’s Bankruptcy
- Why Retailers Will Love the Apple Pay Era
- The Pentagon Gets Into the Cashmere Business
- Can Uber Fire Drivers for Tweeting About Uber?
- Be Ready When That Job Opens Up
- Janet Yellen on the Broken Way America Pays for Public Schools
Market Summary
| Nikkei | 14532.51 | -205.87 |
| Topix | 1177.22 | -18.28 |
| Hang Seng | 23023.21 | 122.27 |
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