Saudi Arabia has shut down half of its oil production after drones attacked the world's largest oil processing facility in the kingdom.Marketsread more
Yemen's Houthi rebels have claimed responsibility for the attacks, which created a huge fire at a processor essential to global energy supplies.Politicsread more
Oil prices are expected to jump as much as $10 per barrel after a coordinated drone strike hit Saudi Arabia's largest oil field, forcing the kingdom to cut its oil output in...Marketsread more
Trusii's hydrogen water machines were supposed to help users with their health problems, but customers claim the company is involved in a giant scam.Technologyread more
The decoupling of the world's two weightiest economies seems as inescapable as its extent and global impact remains incalculable.Politicsread more
The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
BlackBerry has reinvented itself to become a leader in securing mobile communications and in embedded communications. Next year it plans to roll out new products. CEO John...Evolveread more
Trailers have become a cult phenomenon. Even short teasers that reveal little about the plot of the upcoming film are headline-worthy. Blogs and forums have become devoted...Entertainmentread more
Thanks to the performance of Beyond Meat, investors who focus on venture-backed tech IPOs have done well this year despite some notable disappointments.Technologyread more
Software company Intuit, maker of tax helper TurboTax, is in its eleventh year of stock gains and up 36% this year.Investingread more
CNBC did a deep dive through the most recent Wall Street research to find stocks with upside potential.Marketsread more
The Rockefeller sale may have set a new record for records.
The sale of the Peggy and David Rockefeller Collection at Christie's, which wrapped up Friday night, reached a total of $832.6 million. It is now officially the largest auction of a single collection ever.
And there were 22 records set during the auction for certain artists or items, including new auction highs for Monet (a water lilies painting that went for $84.7 million) and Matisse ("Odalisque Couchee aux Magnolias" went for $80.7 million).
The sales total blew past the estimate of $500 million, as bidders from 53 countries vied for a piece of Rockefeller family history. Some of the pieces sold for 10 times or even 100 times their estimates. Over 80,000 people visited the exhibit as it toured the world in Hong Kong, London, Paris, Los Angeles, Beijing, New York and Shanghai.
Picnic set given to the Rockefellers by the king of Morocco
"The level of engagement around the world reaffirms the resonance of Christie's name as well as continued global interest in collecting," said Marc Porter, chairman, Americas for Christie's.
Among the more colorful highlights:
All of the proceeds of the auction will go to charities that were designated by David Rockefeller before his death in 2017. Among the beneficiaries: Harvard will get $100 million, the Museum of Modern Art will get $100 million and the Rockefeller Brothers fund will receive $250 million.
Other beneficiaries include the Council on Foreign Relations, the American Farmland Trust and the Maine Coast Heritage Trust.
Set of china used by Napoleon
"These funds will provide very meaningful support to important institutions and foundations devoted to scientific research and higher education, support for the arts, foreign policy, and the conservation of coastal and agricultural lands," said David Rockefeller Jr., David Rockefeller's son. "This was an experience that beautifully and thoroughly conveyed Peggy and David Rockefeller's great passion for art, design, craftsmanship and beauty. Just as my siblings and our own children are full of pride and gratitude at the end of this historic week, we know our parents would feel the same."