Articles by Peggy Truong
Edvard Munch's "The Scream"

Munch's 'The Scream' Sells for Record $120 Million

Edvard Munch's masterpiece The Scream, one of the world's most recognizable works of art, sold for $120 million at Sotheby's on Wednesday, setting a new record as the most expensive piece of art ever sold at auction.

Works by Cezanne, Matisse Each Sell For $19 million

The spring art sales got off to a solid start at Christie's on Tuesday, with works by Cezanne and Matisse each selling for $19 million (11 million pounds) as the auction house moved $117 million worth of Impressionist and modern art.

Shoe Designer Louboutin Defends Right to Red Soles

French shoe designer Christian Louboutin, famed for his glossy red-soled shoes, defended his decision to go to court with fashion label Yves Saint Laurent (YSL) and its parent company PPR to protect his trademark look on Monday.

Merkel's Old Volkswagen Sold at Auction, Second Time Lucky

German Chancellor Angela Merkel's old Volkswagen wasn't worth the 130,000 euros ($172,100) bogus online bidders kited it to earlier this month, but the first woman chancellor's 1990 Golf finally went to the highest bidder on Monday for 10,165 euros.