Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
Trump has criticized Facebook numerous times since becoming president, most recently posting on Twitter that the company's proposed digital currency, libra, will "have little...Technologyread more
Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the...Politicsread more
At least in terms of monetary policy, Pence says should be taking after other regions who keep their benchmark interest rates near zero.Delivering Alpharead more
The Pentagon on Thursday said the recent attack on Saudi Arabian oil facilities were "sophisticated" and represented a "dramatic escalation" in tensions within the region.Defenseread more
The flap illustrates the growing distrust of the YouTube community, and willingness to assume the worst in light of unclear communication.Technologyread more
Four years ago Microsoft had just two women on its board. Walmsley is now the fifth.Technologyread more
AT&T isn't focused on selling or divesting DirecTV, despite pressure from stakeholder Elliott Management, sources tell CNBC.Technologyread more
Patrick Shyu, a former tech lead at Google, has posted a series of videos making fun of Facebook, where he worked as a software engineer until last month.Technologyread more
The last of Aubrey McClendon's wine collection sold for $8.4 million over the weekend, topping expectations and showing the quality, and quantity, of the late oil tycoon's wine cellar.
All 1,057 lots of McClendon's wine were sold by Hart Davis Hart Wine Co. More than 1,000 bidders from 17 countries took part in the Chicago auction, with many bidding online, according to Hart Davis. The sale was expected to fetch between $5.1 million and $7.7 million.
McClendon had already sold a large part of his collection over the years through several multimillion-dollar auctions. Between 2009 and 2013, Sotheby's sold more than $55 million of McClendon's wines, including a 2009 sale of 9,000 bottles. All told, McClendon and his estate raked in more than $63 million from wine sales.
McClendon focused mainly on the highest quality Bordeauxs. But he also dabbled in Burgundys and top-quality California wines, including Harlan and Screaming Eagle. McClendon favored giant or "large-format" bottles like magnums, Jeroboams and Imperials, which he famously liked to share with business associates and friends.
The top lot sold over the weekend was a case of three double magnums of 1989 Chateau Petrus that went for $65,725. Two lots, each including three double magnums of 1989 Chateau Haut-Brion (said to be McClendon's favorite), went for $35,850 each. Bottles of Mouton Rothschild, Margaux, Cheval Blanc and Latour also sold well.
McClendon, the charismatic co-founder of Chesapeake Energy, died in a car crash in March, hours after being indicted on federal charges of bid rigging.
According to Bloomberg, Saturday's auction was held the day after the deadline to file what were expected to be hundreds of millions of dollars in claims against McClendon's estate.