In A World Of Madoffs, Remember What Reagan Told Gorbachev About Trust
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Cars, sports memorabilia, and coins were among the big purchases that the wealthy people and collectors splurged on this month.
One buyer even spent more than a million dollars on a dime.
Check out our roundup of the craziest luxury purchases people made in August.
Expensive McQueen memorabilia
The watch that Steve McQueen wore in the 1971 movie "Le Mans" sold for $800,000 at auction this month.
Other McQueen memorabilia also sold, including a United States passport signed by McQueen, which hammered at just above $46,000.
Very rare baseball cards
After discovering a rare batch of baseball cards from the 1900s in their grandparents' attic, a group of cousins decided to put them up for auction.
The cards included Hall of Famers such as Ty Cobb, Cy Young, and Honus Wagner, making them a hot ticket on the auction block.
The cards didn't disappoint and sold for $566,132.
The most expensive car sold at Pebble Beach
A classic 1936 Mercedes-Benz 540 K Special Roadster was the most expensive car sold at auction during the Pebble Beach classic car show this month.
The car, which was once the property of Baroness Gisela von Krieger, went for $11.77 million.
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Amazon is set to debut a new Kindle product line next week.
Images of what appears to be the new Kindle Fire leaked yesterday, and today we got our first look at the Kindle. The key feature: 'Paperwhite,' a new technology that improves the display's readability in various lighting conditions.
The Verge is reporting that the eBook reader will tout higher contrast, high resolution, and eight weeks of battery life—even when using the powerful backlight.
We will know more about this new Kindle next week. Until then, you'll want to wait to make a Kindle purchase. You may not have a choice: The current Kindle Fire is sold out.
Don't Miss: 11 Basic Steps You Should Take To Keep Your Computer Safe >
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COPENHAGEN, Denmark (AP) — Danish toy maker Lego says a new series it created specifically for girls has proved popular despite being criticized for fueling gender stereotypes — and has made first-half profit jump 35 percent.
Net profit rose to 2 billion kroner ($336 million), from 1.48 billion kroner the same period last year. The family-owned company says sales rose 24 percent to 9.1 billion kroner.
The company, based in western Denmark, sold twice as many LEGO Friends sets as expected during the first six months of the year.
Chief Executive Joergen Vig Knudstorp said Friday that "sales (of the new sets) have been quite astonishing."
When Lego Friends was launched earlier this year, it was met with petitions demanding to put an end to the sexualization of women and girls in media.
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TAMPA, FLA. — In an effort to hype up its expanding political coverage, Bloomberg has made its presence known at the Republican National Convention with a hip, pop-up studio and lounge spot modeled after its New York headquarters.
Dubbed The Bloomberg Link, the Tampa space has played host to numerous panels, invite-only events, and cocktail hours during the convention this week, offering a place for Washington insiders can mingle away from the hubbub of the convention forum. And this weekend, they plan to pack it all up and start over with the Democrats in Charlotte, N.C.
We dropped by The Link earlier this week to check out the new digs, and we were pretty impressed. For those of you who didn't make it to Tampa this year, we've put together a virtual tour so you can check it out for yourself.
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