10 Stories

Tiffany VP Stole $1.3M in Jewelry: Cops

Items were checked out ... but never checked back in

(Newser) - It's not the kind of jewelry heist screenwriters dream about, but this alleged plot seems to have gotten the job done: A former executive at Tiffany's is accused of taking 165 pieces of jewelry, pretty much one piece at a time, and then reselling them to an international... More »

Newt's Tiffany Credit Sparks Influence Concerns

No-interest credit extended as Callista Gingrich dealt with mining policy

(Newser) - At first, self-professed "frugal" Newt Gingrich's Tiffany bill of up to $500,000 just made him look ridiculously out of step with cash-strapped Americans. But now, the financial arrangement with the jewelry behemoth is raising questions about influence, notes Gawker . Gingrich and his wife enjoyed a special interest-free... More »

Newt's Account Is Paid Off: Tiffany

But there are still lots of unanswered questions, writes Glenn Kessler

(Newser) - Newt Gingrich's "Tiffany Time Account" has a zero balance, and all his payments to the jeweler “were made in a timely manner,” a rep tells the Washington Post . In his Fact Checker column, Glenn Kessler digs into exactly what that means (with apologies for "dealing... More »

Newt on Huge Tiffany's Bill: I'm Mystified

'I owe no personal debts, none'

(Newser) - Presidential hopeful Newt Gingrich is "mystified" by media interest in his massive jewelry budget. Asked about financial disclosures that revealed he owed up to $500,000 to Tiffany's a few years ago, Gingrich told Face the Nation host Bob Schieffer to "go talk to Tiffany's."... More »

Gingrich Owed Tiffany's More Than $250K

Wife's House filings reveal debt to jeweler

(Newser) - Newt Gingrich owed Tiffany jewelers up to $500,000 in 2005 and 2006, House financial disclosures reveal—and it’s not clear whether he’s paid it off yet. Though Gingrich left the House in 1999, his wife worked for the House Agriculture Committee until 2007, and thus filed the... More »

Tiffany's Little Blue Box Keeps Recession Out

Although new cases tout "Items for under $750"

(Newser) - Amid the global economic downturn, one American institution stands strong: Tiffany & Co. “Tiffany is as American as guns,” writes Cintra Wilson for the New York Times. “Tiffany has always managed to navigate the dark spells of the economic cycle. It has survived the Civil War, two... More »

Luxury Labels Flaunt Green Cred

Top-end firms realize eco-friendly image can boost brand value

(Newser) - As traditional luxury good buyers make way for a new generation of eco-conscious consumers, luxe brands are jostling to show off their planet-saving credentials, the Wall Street Journal reports. Firms like Louis Vuitton and Tiffany are snapping up eco-friendly firms, introducing new lines, and using green themes in their advertising... More »

Downturn Dulls Gem Trade's Gleam

Effects felt worldwide as Americans stop buying bling

(Newser) - The worldwide slowdown in spending is making for rough times in all facets of the jewelry business, reports the Washington Post. More than a thousand jewelers in the US—which buys almost half the world's polished diamonds—have gone bust, and the effects are being felt from the mines of... More »

EBay Wins Pivotal Tiffany Counterfeit Suit

Tiffany's must police their own mark, decides federal court

(Newser) - A US judge ruled today that eBay had taken sufficient steps to stop the sale of fake Tiffany jewelry, the Wall Street Journal reports. Ruling on a suit filed by the New York-based jeweler, the judge deemed Tiffany responsible for monitoring its trademark. It was a pivotal victory for eBay,... More »

Stocks Rise on Deals, Lower Oil

Merger buzz bets weak economic data

(Newser) - Stocks rose for the fourth consecutive day today as deal-making buzz from Internet firms and a Tiffany’s-led retail rally offset a rise in weekly jobless claims and contraction in New York- and Philadelphia-region manufacturing, MarketWatch reports. The Dow rose 94.28, closing at 12,992.66, while the S&... More »

10 Stories