a painting byjean—michel basquiat has sold for a huge $110 million.verdose atjust 27 years old. our arts editor will gompertz reports. $57 million. $58 million. the moment is about to arrive at sotheby‘s last night. 65 million on the telephone. when the american neo—expressionist painterjean—michel basquiat, who died nearly 30 years ago. is that a bid, sir? $69 million. ...hit the big—time. the hammer is up, sir. i'm selling it on this side of the room. it's yuki's bid. a fair warning and selling, thank you, sir, for $98 million. thank you, yuki, congratulations. the sale price when commissions are included puts him in the exclusive auction house $100 million plus club. along with pablo picasso and francis bacon. we definitely had an idea that everybody felt that it was a masterpiece, but the air gets pretty thin at those sort of levels, financially. so, of course, the previous record price was less than half what we've achieved this evening, so you're going into very new territory. the buyer, yusaku maezawa, a japanese online fashion retailer, was de

the american artistjean—michel basquiat came to prominence as a graffiti artist in the 19705.just sold at auction for $110 million. it's a record for any american artist. so what's behind the phenomenal demand for his work? here's our art5 editor will gompertz. $57 million. $58 million. the moment is about to arrive at sotheby‘5 last night. 65 million on the telephone. when the american neo—expressionist painterjean—michel basquiat, who died nearly 30 years ago. is that a bid, sir? $69 million. hit the big—time. the hammer is up, 5ir. i'm selling it on this side of the room. it's yuki'5 bid. a fair warning and selling, thank you, sir, for $98 million. thank you, yuki, congratulations. the sale price when commi55ions are included puts him in the exclusive auction house $100 million plus club. along with pablo picasso and francis bacon. we definitely had an idea that everybody felt that it was a masterpiece but the air get5 pretty thin at those sort of levels financially. so, of course, the previous record price was less than half what we've achieved this evening so you're going

. >>> a pete of artwork by jean-michel basquiat in 1982 sold for $110 million.he untitled painting features graffiti like topography that looks like a face in a skull. a japanese collector brought it. jean-michel basquiat died in 1988. >>> kobe bryant helped a group of high school students get out of taking their final. a student made a deal with his teacher that if kobe bryant retweeted his request the final would be canceled. he retweeted with the message, i hope you have an "a" in the class. >>> a crash injured 6 people and killed one. >>> a schuylkill county mother explains why her day old infant and other children were left in what appears to be a cage when "action news" continues. chris christie: addiction is a disease. it can happen to anyone. help is within reach. all you need to do is ask. vanessa: i was a full-blown heroin addict, selling my soul to get high. but i got help, and you can too. james: i just know i didn't want to feel that pain anymore. i got help. you can too. aj: most people think addicts are beyond help. when i see an addict, i see hop

there was a light that glowed around him. >> reporter: jean-michel basquiat died of a drug overdose in just 27. his life may have ended early but his place among the greatest artists in history seems destined to outlast us all. >> having an african-american artist enter the pantheon of van gogh, francis bacon and yes, >>> steve hartman now with the story of a guardian angel that he found on the road. >> reporter: used to be when ginger sprouse came across homeless people she would often give them something. her two cents. >> i would say, why don't you get a job? or what's your problem? it made me very uncomfortable. i didn't want to have anything to do with it. i've been that way my whole life. >> reporter: but about a year ago ginger, who owns a cooking school outside houston, decided she didn't like that about herself and would at least try to change. >> he would stand right here on the corner. >> reporter: she began by approaching a guy she used to see all the time on her way to work. his name is victor hubbard. victor says he told ginger how he ended up on the streets. after his mo

one thinks of the eye watering auction price paid for the work there is no question thatjean—michel basquiatto the story of modern art. his paintings reference the so—called low art of jean dubuffet. .. there's something ifind quite alarming about that picture. ..and the expressionism of vincent van gogh and the street art scene of 1970s new york, he is a significant figure the canon. of course, nobody knows whether his paintings can sustain $100 million prices but given most are still held privately, hello and welcome to sportsday — i'm lizzie greenwood—hughes, the headlines tonight. alisher usmanov makes another move to control arsenal. england are beaten in penalites again. losing in the final of the under 17 european championship. and fernando gaviria shows he's the fastest sprinter in town, winning his fourth stage at the giro d'italia. the there's some news this evening on the ownership of arsenal football club... minority shareholder alisher usmanov has made a bid of around £1 billion to buy out stan kroenke‘s majority share. it's understood this bid has been rejected, meanwhile, mana

but i think it all comes down to people and a vision. >> rose: jean michel basquiat painting of a skullold at south we's last night and is the sixth most expensive painting sold at an auction: i spoke with yusaku maezawa who about the painting. >> let's start. how did you go from being a lawyer to gallery owner. >> well it has ban long and circuitous path but i went wack to the beginning. when i got out of college i got to know antibody and basquiat and i ran around as a 20 -year-old thanks to a friend, and he was a dear friend of andi 's so the art world was always glamorous and exciting for me. as soon as i professional fetion ly had the wherewithal i began to collect and collect what i knew and the people i knew and the moment i was excited about. >> that makes you a collector but not more. now you have two galleries. >> and i have done a bunch of writing. i have written two books on collecting. i wrote for the observer for four years which i enjoyed and i also love markets and the art market is so exciting and interesting. >> let's talk about that. what is the art market like today.

it's untitled work and the artist is jean-michel basquiat. it sold for the sixth highest price.it sold for $19,000. the lucky winner of the auction is a chinese billionaire in japan. he plans to lend it before displaying it in his own museum in japan. >>> still ahead the roger ailes helped three politicians reach the white house and changed the face of cable news. that's not all. you're watching "early today." why do people put why does your tummy go "grumbily, grumbily, grumbily"? no more questions for you! ouph, that milk in your cereal was messing with you, wasn't it? try lactaid, it's real milk without that annoying lactose. good, right? -mmm, yeah. lactaid. the milk that doesn't mess with you. it can seem like triggers pop up everywhere. luckily there's powerful, 24-hour, non-drowsy claritin. it provides relief of symptoms that can be triggered by over 200 different allergens. live claritin clear. does your makeup remover every kiss-proof,ff? cry-proof, stay-proof look? neutrogena® makeup remover does. it erases 99% of your most stubborn makeup with one towelette. need any

. >>> next, a record-setting painting by the late american artist jean-michel basquiat.lled "untitled" but it didn't need a title to sell for more than $110 million last night. >> wow, that is a record for work by any american and also the highest price paid for work created after 1980. >> so, the last time "untitled" was sold in 1984, it went for $19,000. >> that's a markup. >> a japanese billionaire is now the new owner. he plans to display the painting at a museum in his hometown. >> that's nice, he's giving back there. >>> and an online auction site has cashed in on some fab four follicles. >> yeah, they sold pieces of the beatles' hair. >> what? >> that netted collectively more than 10 -- each of them actually more than $10,000. so, they were cut and then swept up in march of 1964 when the guys were filming "a hard day's night". >> so, paul's hair brought close to three grand as it should. a french bidder took george and a french bidder took george's and ringo's at $2,900 apiece and john came in last at about $1,400. john had all that hair. >> i don't know. weird. >

. >>> an artwork by jean-michel basquiat was auctioned yesterday for $110.5 million.entrepreneur bought the untitled 1982 work after a ten-minute bidding war. sotheby's in new york said the price is an auction record for an american artist. >>> on the "cbs money watch" now. rolling back net neutrality, and uber takes on trucking. jill wagner's at the new york stock exchange with that and more. good morning, jill. >> good morning, anne-marie. stocks on wall street staged a comeback after their worst day of the year, and despite growing fears that political turmoil in the nation's capital will push president trump's plan to cut taxes to the back burner. before the opening bell yesterday, some positive news on jobs. applications for unemployment benefits fell by 232,000, a three-month low. the dow yesterday gained 56 points, the s&p rose 8, the nasdaq finished 43 points higher. >>> the fcc took the first step to repeal so-called net neutrality. by a vote of 2-1, the three commissioners voted to begin the process. net neutrality blocks internet service providers from givi

a 1982 painting by jean michel basquiat -- i got basquiat right.elling for a record 110 million. 110.5. yesterday at sotheby's auction. the sale of the painting is the sixth most expensive work ever sold at auction. there were only ten other pieces that broke the 1$100 million mark. it was the biggest number for an american artist. >> i will keep my thoughts to myself. >>> gap shares rising on better than expected results. dana telsey joins us now. gap is up 4%. you can see if we zoom out to the longer-term chart, the narrative around gap seems to change every two weeks. >> right. what do you think is going on, given the broader struggles of brick-and-mortar? >> overall the gap has three brands. the core gap brand is trying to reinvigorate itself. old navy was the driver of the earnings beat. 8% comp is a good number. >> 8%? >> 8%. they haven't had an 8%. that's a terrific number. does that include online presence there from old navy? >> yes. overall the business did better in the first quarter and the gross margin was better. the aur was up. >> wh

. >>> a 1982 painting by jean michel basquiat selling for a record -- you said 100. you were right. you know that already. >> i did my research. >> 110.5 million yesterday at sotheby's. it is the six most expensive work sold at auction. a noted japanese collector scored the painting after a ten-minute bidding war. he took to instagram saying when i first encountered this painting i was struck by so much excitement and gratitude for my love of artwork. good for him. >> ten other works have broken the 100 million mark, picasso, that puts him in the league of picasso. >>> coming up, the must reads. the opinion pages weighing in on the president's first upcoming trip abroad. stay tuned. we'll get those to you. you're watching "worldwide exchange" on cnbc. >>> welcome back to "worldwide exchange." time for our must-read stories. my pick is in the "wall street journal" titled trump goes to saudi arabia. both the prince, the crown prince, and the president seek success to bolster their leadership. easier to achieve in diplomacy than domestic affairs. mr. trump is guaranteed a win at least

. >>> the late artist jean-michel basquiat set a record with 1898 "untitled," a picture selling for $110.5. the winning bidder is a chinese-born billionaire entrepreneur living in japan who bid by phone. thought it was you, yasmin. the sale topped the previous american record set by his close friend, andy warhol. his painting "silver car crash" sold for $105 million back in 2013. >> wow. >> incredible. >> 19,000 to 100 odd million. back with sports. ot a quick fix. it's my decision to make beauty last. roc® retinol, started visibly reducing my fine lines and wrinkles in one week. and the longer i use it, the better it works. retinol correxion® from roc. methods, not miracles.™ a 10-speed direct-shift 5.0transmission.ine. a meticulously crafted interior. all of these are feats of engineering. combining them with near-perfect weight distribution... ...is a feat of amazing. experience the first-ever 471-horsepower lexus lc 500 or the multistage hybrid lc 500h. experience amazing. i've gotta hit the loo. we can'twhy?y here! terrible toilet paper! i'll never get clean! way ahead of you, big dad

it's a painting of a cull by jean-michel basquiat.t's how much a japanese billion far bid for it. the highest price ever paid for a painting by an american artist. sold for just $19,000 in '84, virtually unknown. it's called untitled but some might call it overpriced. >> yeah, some mice. >> but i'm sure he's happy with his -- >> eye of the beolder. >> you got tens of billions, that's a lot. >> record numbers like boston at 95 and hartfobany new york, hit. get what everybody, it's over cooler this weekend. >> reporter: good morning everyone, david murphy here with the accuweather update. one more hot and humid day today, high of 92. there's a slight chance of an evening for spotty thunderstorm that could be strong and gusty. most of you won't see those, they are few and far between. saturday, 72 degrees, lower humidity for the union lower in the 60s. sunday, sun to clouds, 70 degrees, monday, rain, afternoon clearing, high of 74. packed. >> monday morning. >>> coming up, bill o'reilly speaking out. what he's saying about the passing of

this graffiti painting by jean-michel basquiat sold for $110.5 million. >> that puts him up in the best go. the highest price ever paid at an auction for a work by an american artist. the buyer for this $110.5 million portrait is a japanese entrepreneur. he says he plans to display it in his museum in japan. >>> we continue our series real food with a look at the growing trend of kelp. the seaweed is rich in nutrients and antioxidants and it's popping up in salads and in soups. michelle miller met a seaweed farmer who sees a future in kelp. kelp, right? >> yeah. good morning. the ocean covers more than 70% of the earth, it produces less than 2% of the food we eat. we took a trip to the connecticut shore to discover how a simple harvesting technique is paying off for fishermen no longer able to rely on a steady supply of fish. they're betting that this nutritious sea vegetable can be a main stay of the american diet. and these waters off connecticut's thimble islands were once abundant with lobster, shad and flounder. not anymore. that's why bren smith who dropped out of high school to b

. >>> this is what it's a painting of a cull by jean-michel basquiat.t's how much a japanese billion far bid for it. the highest price ever paid for a painting by an american artist. sold for just $19,000 in '84, virtually unknown. it's called untitled but some might call it overpriced. >> yeah, some mice. >> but i'm sure he's happy with his -- >> eye of the beolder. >> you got tens of billions, that's a lot. >> record numbers like boston at 95 and hartford, connecticut, 96. albany, new york, hit 94. guess what, everybody, it's over. diving off the deep end. phone will alert you. this weekend will feel drastically different. temperatures will be 20+ degrees cooler saturday and sunday behind today's front and humidity levels will be much lower. today: t and humid. pm understorms. winds: w 10 mph nht: scattered thunderstorms early. cloudy with falling humidity. lows: 59-63 winds: nw to ne 5-10 mph saturday: mostly cloudy and much cooler. isolated shower. highs: 68-72 winds: e 5-10 mph we're in for one more hot and humid day. highs will soar back into the

it's by the american artist jean—michel basquiat — and it's just sold at auction for more than £84 million at the sale in new york before securing the highest price ever paid for a work by an american artist. iam glad i am glad you said it was an titled because i just spent the last five minutes trying to find online what its title is. you know what it's worth, but not what it is called. it looks like an angry face. it draws you in, doesn't it, but it is quite angry. £84 million and you could buy angry. £84 million and you could buy a decent football player. or three average ones. which would you rather have? just one footballer, just a kick around the garden with. you would have no chance. and harry kane, on fire to be the top scorer once again. harry kane edges closer to the premier league golden boot award . he scores four goals taking his season tally to 26 as tottenham thrash leicester by six goals to one. celtic were also in high scoring mode — they hit five past partick thistle, extending their unbeaten run in scotland and lifting their season tally to a record—equalling 103 points.

basquiat. >> reporter: jean-michel bisquiat died of a drug overdose in 1988. he was just 27.s life may have ended early, but his place amongst the greatest artists in history seems destined to outlast us all. >> having an african american artist enter the pantheon of van gogh, francis bacon-- and, yes, even picasso. it's about time. >> reporter: tony dokoupil, cbs news, new york. >> ninan: well, the billionaire who purchased the painting is planning to open an art museum in chiba, japan, to show off his personal collection. and that's cbs weekend news for this saturday. i'm reena ninan in new york. for all of us at cbs news, thank you for joining us, good night. where a quiet neighborhood is wrapped in crime tape.. after a deadly police shoo . >>> this is kpix5 news. >> breaking news where a quiet neighborhood is wrapped in crime tape after a deadly police shooting. >> but first more breaking news in daly city where a bart train has derailed with dozens of passengers on board. good evening, i'm julie ross. >> and i'm juliette goodrich. let's get right to daly city. what happe

"trader joes" and "la roche-posay" sunscreen tested the highest. ( mark ) this jean-michel (zhahn mee-shehl) basquiat sold for a record 110-point-five million dollars at auction in new york. ( darya ) the piece, "untitled," was purchased last night by a japanese billionaire and entrepreneur.( mark ) the painting tops an andy warhol piece that sold for 105 million dollars in 20-13. the last time this basquiat painting was sold-- in 1984-- it sold for only 19-thousand dollars. dollars. thousand only 19-it sold for sold-- in 1984-- basquiat time this the last time this basquiat painting was sold-- in 1984-- it sold for only 19- thousand dollars. ( james ) i'm tracking your bay area forecast( lydia ) fire crews rescue multiple people after a car overturns in the oakland hills. i'm live at the scene.( will ) someone is killed at a wienerschnitzel in san jose. i'm live at the scene. . some build walls to keep people out. but these are walls that welcome you in. within these walls, california's educators create safe places for every student to learn and grow. where teachers open minds to history... unleash

refused to pay him back, but she eventually did and vezmar lawsuit. ( mark ) this jean-michel (zhahn mee-shehl) basquiator a record 110-point-five million dollars at auction in new york.( darya ) the piece, "untitled," was purchased last night by a japanese billionaire and entrepreneur.( mark ) the painting tops an andy warhol piece that sold for 105 million dollars in 20-13. the last time this basquiat painting was sold-- in 1984-- it sold for only 19-thousand dollars. (james) tracking your morning forecast. details coming up. ( lydia ) fire crews rescue multiple people after a car overturns in the oakland hills. i'm live at the scene. lets start the half hour with a check of weather and traffic... (james) today is going to be a nice day with warmer temperatures all around. it's mild this morning. we're seeing 50s and 60s at the moment. the sun will warm us up to the low 80s along the bay shoreline and upper 80s to low 90s inland. the warmest temps will be seen in the east bay valleys. looking to the weekend, temps will continue to climb with inland highs getting to the low and mid 90s on sunday. those