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When it comes to wine, some consumers still equate quality with price. But at the 28th Annual International Eastern Wine Competition, a $1.99 bottle of California Wine, the 2002 Charles Shaw Shiraz, beat out 2,300 wines to win a prestigious double gold medal. Hear NPR's Steve Inkseep.

The combined wealth of the 400 richest Americans is about $1.37 trillion, Forbes magazine reports. Bill Gates, the founder of Microsoft, tops the list.

The 60th Primetime Emmy Awards were held Sunday in Los Angeles. HBO, the cable television show Mad Men and NBC's 30 Rock were big winners.

Michael Steinberg, the highest-ranking employee at the hedge fund to be convicted in an insider trading sweep, was found guilty on five counts of conspiracy and securities fraud.

The venerable New York investment firm Goldman Sachs has a long track record for producing political bigwigs. Treasury Secretary-nominee Henry M. Paulson Jr. has served as both chairman and CEO since 1999. The company boasts a return on equity of upwards of 40 percent.

Obama's supporter and former South Dakota Senator Tom Daschle was nominated to be secretary of the Department of Health and Human Services and director of the new White House Office of Health Reform.

Sonia Gandhi, heir to India's Nehru-Gandhi dynasty, gives up her chance to become prime minister, reportedly to protect her Congress Party's new government from attacks over her Italian birth. Manmohan Singh, architect of the country's financial reforms, is now seen as the favorite to become prime minister. NPR's Philip Reeves reports.

In Karachi, temperatures surpassed 111 degrees Fahrenheit. The government has called on the military to set up makeshift medical camps.

Congress is expected to approve President Bush's $75-billion request to fund the war in Iraq, but the House and Senate must reconcile differences over the size of a proposed tax cut. The House passed the president's package, worth $726 billion over 10 years. But the war's growing price tag makes the Senate reluctant to sign off on the entire amount. NPR's David Welna reports.

Tens of thousands of Muslims begin a three-day march to mourn Ayatollah Mohammed Baqer al-Hakim, a revered Iraqi Shiite cleric killed by a car-bomb attack Friday. Al-Hakim, a long-time opponent of Saddam Hussein, was one of more than 100 people killed in the bombing of the Imam Ali Mosque in Najaf. Hear NPR's Ivan Watson.