The daily business briefing: March 3, 2016

Energy pioneer Aubrey McClendon dies in crash after indictment, hiring beat expectations in February, and more

Aubrey McClendon
(Image credit: Reuters/ Sean Gardner)

1. Energy pioneer McClendon dies in crash after indictment

Former Chesapeake Energy CEO Aubrey McClendon, 56, died in a one-car crash in Oklahoma City on Wednesday, a day after he was indicted by a federal grand jury on charges of conspiring to rig oil and gas leases. He had vowed to prove his innocence. McClendon, who was a part owner of the Oklahoma City Thunder NBA team, was traveling at a "high rate of speed," police said, and slammed into an overpass with no apparent attempt to avoid impact. His 2013 Chevrolet Tahoe burst into flames.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.