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NATIONAL
December 21, 2013 | By Evan Halper
Tom Steyer is standing upright near the corner of a small, beige meeting room at Georgetown University, arms at his sides, eyes shut intently. Half a dozen ministers and priests surround him, laying hands on his torso. Together, the pastors begin to pray, asking for divine help in shaping public opinion: "Soften them.... Open them to you … for your purpose.... Claim the promise made to Moses. " It is a curious warmup for a technical conference about an oil pipeline. But like many other environmentalists concerned that America is dawdling as the world burns, these ministers, each a leader in efforts to mobilize churchgoers against climate change, see Steyer as, quite literally, a godsend.
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NEWS
October 9, 2013 | By Morgan Little
WASHINGTON - Koch Industries, the multibillion-dollar company led by David and Charles Koch, tried to distance itself Wednesday from any blame for the government shutdown and congressional quagmire. But doing so requires some explaining given the long track record that the Koch brothers have of supporting conservative Republican causes. In a letter sent to Senate offices Wednesday , the company's president of government and public affairs, Philip Ellender, said claims that Koch Industries pushed for a shutdown are “erroneous or misleading.” “Koch believes that Obamacare will increase deficits, lead to an overall lowering of the standard of healthcare in America and raise taxes,” Ellender wrote.
CALIFORNIA | LOCAL
September 26, 2013 | By Elaine Woo
Christopher Koch, one of Australia's most acclaimed novelists, whose 1978 thriller "The Year of Living Dangerously" illuminated the political and cultural turmoil in Indonesia after World War II, died of cancer Monday in Hobart, Australia. He was 81. His death was confirmed to Australian news media by his agent, Margaret Connolly. During a 55-year career, Koch wrote at least eight novels, which often explored Australians' engagement with their near-neighbors in Asia. "Highways to War" (1995)
BUSINESS
September 9, 2013 | By Amy Hubbard
C. James Koch, the man behind Sam Adams beer, is a newly minted billionaire, and he owes it all to craft beer. Or, perhaps craft beer owes it all to Koch. Koch, a Harvard grad with multiple acronyms (BA, MBA, JD), wanted to make beer. It was a family thing. As the Sam Adams site says, he brewed his great-great-grandfather's recipe in his kitchen in 1984. Then he brewed his beer in batches and carried bottles bar to bar. A year later, Koch's Boston Beer Co. created Samuel Adams. Six weeks later, it won a "Best Beer in America" consumer poll.
BUSINESS
September 9, 2013 | Bloomberg News
Molex Inc., a maker of electronic components for Apple Inc.'s iPhone and other products, agreed to a $7.2-billion acquisition by Koch Industries Inc., the holding company controlled by the billionaire Koch brothers. Koch will buy Molex's shares for $38.50 apiece, a 31% premium over the publicly traded common stock, the companies said Monday. Koch, a closely held company that owns things as varied as biofuel, fertilizer makers and commodity-trading services, is using the acquisition to expand into connector components.
BUSINESS
September 9, 2013 | By Stuart Pfeifer
After scratching plans to buy the Los Angeles Times and other Tribune Co. newspapers, billionaire industrialists Charles and David Koch have agreed to buy Molex Inc., a maker of electronic connectors used by several companies, including Apple Inc. The $7.2-billion acquisition helps the Koch brothers diversify from their traditional holdings in energy, chemicals and paper. Under the deal, Koch Industries will pay a 42% premium, on average, for shares of the Lisle, Ill., company.
NATIONAL
June 18, 2013 | By Tina Susman
NEW YORK -- It's widely known that former New York Mayor Ed Koch planned every detail of his funeral and burial, and for good reason. The one thing he couldn't oversee -- the final etchings on his tombstone -- is wrong. If he were alive to see it, Koch might laugh at the mistake. After all, it shaved 18 years off the age of the 88-year-old Koch, who died of congestive heart failure in February.   The tombstone at Koch's grave in the Washington Heights section of Manhattan lists the three-term mayor's birthdate as Dec. 12, 1942, instead of Dec. 12, 1924, a mistake first reported Monday by NBC News in New York .  "You could call it a grave mistake," the news anchor said in introducing the segment.
ENTERTAINMENT
June 13, 2013 | By Joe Flint
The Koch brothers are firing back at former Federal Communications Commission Chairman Reed Hundt, who last week made a speech at UCLA in which he said he couldn't “imagine anything good from the Koch family owning the Los Angeles Times. " A statement posted on KochFacts.com written by Mark Holden, Koch Industries' general counsel, said Hundt was being hypocritical. In his remarks, Hundt advocated removing federal regulations that would prevent Rupert Murdoch 's News Corp.
ENTERTAINMENT
June 6, 2013 | By Joe Flint
A former chairman of the Federal Communications Commission said rules limiting common ownership of newspapers and television stations in the same market should be gutted -- even if it clears the way for media mogul Rupert Murdoch to control more news outlets including the Los Angeles Times. Reed Hundt, Democratic chairman of the FCC during much of the Clinton administration and a self-confessed progressive, said in a speech Wednesday at UCLA that the long-standing rule is "perverse" and needs to be thrown out. Noting the growth of new platforms for news and other content since the rule was created in the 1970s and the difficult economics of the newspaper industry, Hundt said "if a TV station wants to help a newspaper survive, the FCC should welcome that initiative.
BUSINESS
May 29, 2013 | by Walter Hamilton
About 200 protesters rallied Wednesday outside the headquarters of the Los Angeles Times to protest a potential sale of the newspaper to the politically conservative Koch brothers. The rally was one of a dozen nationwide at media properties owned by Tribune Co., which is considering selling The Times and seven other daily newspapers after emerging from bankruptcy late last year. Activists are seeking to pressure Tribune not to sell the papers to Charles and David Koch , billionaire siblings who fund a range of conservative causes.
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