>> that is from paris. most of us like chocolate, but one hedge fund manager has made what he hopes will be a very sweet investment. he has bought up a big chunk of the world's cocoa. now he might make a killing in the cocoa market, although some claim his profits could be at the expense of farmers in developing countries. >> housing, oil, gold -- all have been in the subjects of asset price bubbles. now there is another one we may need to add to the list. cocoa. that is right. the stuff of comforting bedside drinks and sweet snacks has been bought up by the modern day of bogyman, a speculator. here is what has been reported. a trader in these in major offices is alleged to have spent 658 million pounds buying up a large chunk of the world's supply of cocoa. he has brought cocoa prices to a record 32-year price. so will his trade mean we all in the up spending more on our chocolate treats? he says his company has of very carefully-planned strategy. here is our rare interview with the man himself. >> everyon

paris hilton is on vacation.that differs from her not on vacation, but -- did somebody tell her, now you're on vacation? cut loose? how does that work? she does seem to be having fun. a lot of photographs of paris frolicking on the french rivera. she must be mortified that people are taking her picture while she's on vacation. such an invasion of her privacy that she cherishes so much. a lot of the people here in the audience are on vacation right now, and i thought it would be fun to find one family, to see how their summer vacation compares to paris hilton's so far right now, so -- where is -- where's our family? okay, all right. now, there is -- there we go. that's eddie. eddie forsberg. he's visiting from florida. >> yes, sir, we are. >> jimmy: very good. now, he's here with his daughters, jessica and farah. charlie's angels fan? >> absolutely. >> jimmy: you drove here? >> drove all the way here. >> jimmy: these are their real vacation photos. let's see how they measure up to paris. here is paris opening a bo

as asher miller wrote, it was the only one on public view in paris from 1905 to 1912. we have a photograph of it deformed on the wall because it wasn't stretched. >> rose: steve martin wrote a play about it. >> he did. and it's actually the first instance of picasso showing a painting in which he clearly identifies with haar quinn. it's something john richardson has dealt with masterfully because it was... we know it was painted in winter/spring 1905. he was deeply in love with fernando livier and engaged in something that looked... they were a couple. it looked like a marriage and yet for this painting he placed this woman at his side and jermaine, of course, had been the lover of picasso's best friend carlos casagemas who when the love was not reciprocated tried to kill her. committed suicide. she was not harmed and what does picasso do? he moves back to paris, stays in casagemas' apartment and starts sleeping with jermaine. >> every moment there was something happening. the next painting is gertrude stein 1905, 1906. i think the important lesson there is what an unr

here with the song "paris," grace potter and the nocturnals. ♪ ooh-ooh ooh, ooh, ooh ooh-ooh ooh, ooh floor so what'd you bring me ♪ ♪ down here for you got me down on the floor so what'd you bring me ♪ ♪ down here for if i was a man i'd make my move ooh, ooh if i was a blade ♪ ♪ i'd shave you smooth if i was a judge i'd break the law and if i was from paris ♪ ♪ if i was from paris i would say oh-la-la-la-la-la-la ooh, ohh, ohh a-oh-la-la-la-la-la-la ♪ ♪ ooh, ohh, ohh oh-la-la-la-la-la-la ooh ohh a-oh-la-la-la-la-la-la ♪ ♪ ooh, ohh, ohh you got me up on your swing so when you gonna ♪ ♪ shake that thing you got me up on your swing so when you gonna shake that thing ♪ ♪ cause if i was a man i'd make my move if i was a blade ♪ ♪ i'd shave you smooth if i was a judge i'd break the law and if i was from paris ♪ ♪ if i was from paris i would say oh-la-la-la-la-la-la ooh, ohh, ohh a-oh-la-la-la-la-la-la ♪ ♪ ooh, ohh, ohh oh-la-la-la-la-la-la ooh ohh a-oh-la-la-la-la-la-la ♪ ♪ ooh, ohh, ohh ♪ ♪ if is with a man i'd make my move if i was a blade ♪ ♪ i'd shave you smooth if i was a judge i'd br

london she's a franco british writer and oxford university islamic society media executive see him in paris and she's the president of the organization translated into english as neither whores nor submissives and in new york we cross to mona el to how we an award winning columnist and writer and another member of our cross talk team on the hunger all right cross talk rules in effect that means you can jump in anytime you want to marry him if i go to you first in london what is this issue can you give it to me is as a hierarchy or what's most important is this a religious issue is this a woman's issue is this a tolerance issue is this islam challenging the west in its own backyard because and looking at this is in a very complicated story because there are so many different points of view and we have parliaments now in western europe taking action to ban it which by the way very few women in western europe actually wear this type of garment go ahead. that's not correct in fact as far as i'm concerned it's a symbolic issue but interestingly it's not symbolic for the women that wear it despit

air traffic controllers are beginning a one- day strike expected to disrupt flights at the two main paris airports, and many controllers are calling in sick. there are suspicions that the sick leave is aimed at negotiating pay and working conditions. >> at spanish airports, a third of air traffic controllers have called in sick. passengers are less than sympathetic. >> they have a tough job, but they are not the only ones. >> they say that members cal led in sick because of stress, but authorities insist it amounts to a covert strike. >> it is almost impossible for so many people to be sick sumul -- simultaneously. >> air france expects 50% of paris short-haul connections to be affected. trade unions are protesting plans to merge france atc into a single european system. >> tough contracts. >> ending weeks of speculation, joachim loew will renew his contract. >> now the uncertainty is over and loew is ready to look ahead. >> my team and i are very much looking forward to working with the german football association and the team. we had great fun at the world cup, and we look forward to th

here is our paris correspondent. >> this has not been the most successful summer for french football. after the abject performance of the national squad of the world cup in south africa, there comes another scandal. this time, the biggest star of that team, frank ribery has turned up in a police station in handcuffs. the allegation is that in 2009, he paid for sex with an underage prostitutes he met at a paris nightclub. the woman in question is now 18, but in april, she sold a story to a tabloid magazine in which she claimed she had slept with ribery trying to thousand nine while still a minor. today, they're brought in to " -- in for questioning under the orders of an investigating magistrate. everybody has since been released and are now under formal investigation. he spoke to his lawyer who confirms her client did have sex, but she denies he knew she was 17. she told him she was 20. in france, paying for sex with underage prostitutes carries a maximum sentence of three years in prison and a $60,000 fine. the question for the judge is whether the footballer could, indeed should, ha

meanwhile, paris hilton is on vacation.m what, i'm not sure, but -- [ laughter ] she's been on a yacht in the french rivera, and found herself in the middle of a controversy today here at home, as a result of this picture. some people said it looks like he's doing a nazi salute with her finger -- i think she's probably just -- innocent, put some drugs up your nose and wave to your billionaire grandpa in heaven move. paris' publicist said she was just scratching a inin ining he. paris hilton has no idea what a nazi salute is. she probably thinks nazi is a game you play with dice, and -- [ laughter ] she doesn't know who fought in world war i or world war ii or world wars iii or iv. and yes the nazis invaded paris, but who hasn't, really? [ cheers and applause ] but she is wearing a hat, the hat makes it -- she looks like a ho in hogan's heroes. i'm not an expert. one person that i do know is, our expert analyst, a person who every once in awhile, we bring him in to kind of look at these sorts of things to see if they're real

almost impossible for so many people to be sick sumul -- simultaneously. >> air france expects 50% of paris short-haul connections to be affected. trade unionsre protesting ans tomerg france atc into a single european system. >> tough contracts. >> ending weeks of speculation, joachim loew will renew his contract. >> now the uncertainty is over and loew is ready to look ahead. >> my team and i are very much looking forward to working with the german football association and the team. we had great fun at the world cup, and we look forward to the next challenge. >> he has signed up to work with the german team for 2 more years, gether with the coach and team manager. they have helped make the german squad into what it is today. fast, attacking, and a pleasure to watch. they are already bracing for the next challenge. >> now that this is over, it is our next priority. >> but he doesn't have much time to relax. a game against denmark is scheduled for weeks from now. >> in cycling, a frenchman got the third successive victory in this year's race. alberto contador holds on to the overall yellow j

women like 26-year-old melissa paris.going 168 miles an hour on the daytona speedway. >> i'm told, "you're the fastest woman around." >> reporter: is that true? >> not my ultimate goal to be the fastest girl. i'm trying to focus on being as fast as everyone else. it's the only sport where we're on a level playing field with men. >> reporter: she may be the only rider on the track whose fingernails match her bike, but she concedes nothing to the competition. including her husband, motorcycle racing champion josh hayes. who is is faster? >> right now he is. >> reporter: right now? >> yeah. it depends what we're doing. we are competitive in everything we do. i mean we have our go-cart race times posted on our refrigerator. we're competitive. i hope we stay that way. >> reporter: at this year's daytona 200 race, paris was steadily moving up to 10th in the pack. then with just eight laps to go, despite the wipeout, she walked away with only a mangled finger. but paris concedes that the dangers of motorcycle racing have forced

it's trying to be the paris of the west. the beach is the suburbs, the we will their people lived on the bottom and the poorest people lived on the top because it was very hard getting to the top of telegraph hill. it was mostly lean-to sharks and bits of pieces of houses up here in the beginning. and a group of 20 businessmen decided that it would be better if the top of the hill remained for the public. so they put their money down and they bought four lots at the top of the hill and they gave them to the city. lily hitchcock coit died without leaving a specific use for her bequest. she left a third of her estate for the beautify indication of the city. arthur brown, noted architect in the city, wanted for a while to build a tower. he had become very interested in persian towers. it was the 1930's. it was all about machinery and sort of this amazing architecture, very powerful architecture. he convinced the rec park commission that building a tower in her memory would be the thing to do with her money. >> it was going to b

the gateway her to the ground in paris truly to tell us to. read this and her child treat. a u.s. government initiative to help struggling homeowners. with three hundred thousand families still facing repossession every month. riding high russia's prime minister settles on are you in peace that an international convention crate before going on to the country's leadership. and report reveals that women are less than their male counterparts and that the country's russian speaking minority are also falling victim to discrimination.

paris hilton served 23 days in prison after a dui conviction and driving with a suspended license. two days after her release. >> definitely it was a very traumatic experience but i feel like god does make everything happen for a reason. >> reporter: but these days, paris still finds herself on the wrong side of the law. according to a french newspaper, "corse-matin," she was detained in france this weekend after dogs detected a small amount of marijuana in her bag. >> lindsay's jail sentence will be very similar to where paris hilton went. she will have a sort of a very sanitary living conditions that will be very whitewash, very simple, very plain. >> reporter: and for the actress whose life is anything but simple these days, it may be exactly what she needs. andrea canning, abc news, new york. >> now it looks like things have gotten even more complicated. the website tmz is reporting that bob shapiro, the attorney andrea mentioned in the story, has now decided he is no longer representing her. >> the second lawyer she's been through in the last couple of days. >> the question al

on sunday mornings when i'm in paris, you're likely to find me here... [ pipe organ playing ] ...in the saint sulpice church with its magnificent pipe organ. for organ lovers, a visit here is a pilgrimage. after mass, organ enthusiasts from around the world scamper like sixteenth notes up the spiral stairs into a world of 7,000 pipes. before electricity, it took three men working out on these 18th-century stairmasters to fill the bellows which powered the organ. the current organist, daniel roth, carries on the tradition of welcoming guests into the loft to enjoy his performance. a commotion of music-lovers crowd around a tower of five keyboards below a forest of pipes. saint sulpice has a rich history with a line of 12 world-class organists going back over 200 years. like kings or presidents, the lineage is charted on the wall. and overseeing all this: johann sebastian bach. [ pipe organ playing ] this music continues to fill the spiritual sails of saint sulpice as it has for centuries, and it's just another reason i consider paris the cultural capitol of europe.

the spaniard able to up the tempo against the owner who dominated friday's practice the paris whizzingalice of power of the bikes with the australian finishing just two hundred seventy second behind. the visuals are coming in third marking the first time and will be starting from the front row the answer however is still the man to beat jose food to seven point lead over dani will stop . now unseated andre gaul a bit surprised by winning the german open in hamburg and beating some of the tournament's top seeds in the process the twenty three year old knocked out defending champion nikolai dividend in the last eight and then a whole held on to be the number three seed. in sunday's final six three seven five eight hundred two goal of prevailing in straight sas add in the first a.t.p. tour title to his name and a cool two hundred m. swain. eight thousand dollars in prize money. the first day at the especially hearing on clay court i never expected this my first that the fight is going to be on clay but i playing with it well i believe in myself and then. now if you like to see beautiful v

lindsay is in the same jail that paris hilton was in. it's the coolest jail there is.like, there's a line down the block, around to get in. i'm -- well, actually, i'm hoping to get my daughter into that jail. but -- because of the overcrowding, lindsay will probably only serve a quarter of her sentence. though they do take good behavior into consideration. which means she could be in there for, like, i don't know, a couple of years or something. all i know is that she's safer in there than she is with her father and/or mother. big, big news event this morning. cameras and reporters from almost every news organization in the country were there. and none of them seemed embarrassed to have been there. though they should have. our old friend jake byrd was on the scene now. if you're not familiar with jake byrd, he's on the show from time to time. he's a man who loves celebrities and who supports celebrities. no matter what they're charged with. we met him outside the michael jackson trial. and then we met him many times. one of them was at the o.j. arraignment. >> we expec

the former international air show ended with nearly fifty billion dollars worth of deals last year's paris air show was disastrous in terms of orders as the aerospace industry was hit by the financial crisis many believe this is your cave in the recovery of the civil aircraft industry but in a question of what has the details. this is via downturn in the civil avocation industry is the deal signed in found bros speak for themselves at nearly fifty billion dollars worth compared to seven billion at the paris air show last year the star of the show was the boeing seven hundred seven dreamliner made from composite materials in manufacture and claims that planes for the next eighteen years will be more adult and this design this is the best airplane number three you know we will sort it by their own plane by the end of the year and we're told that the first customer to launch custom a japanese adeline and they will get the first dreamliner this year russian civil aircraft maker has had a particularly good airshow signing of a ten billion dollars worth of deals in good company agreed to supply

fish was a preparing to fly to paris in connection with the arrest of three potential chechen terrorists we're hearing reports that french police have charged those three four in fact were arrested one was released without charge and these three have been charged with conspiring with terrorists now france says that they are links to various names terrorist organizations but russia maintains links with doku umarov who of course is one of russia's most wanted man he's one of the most notorious terrorist still at large in connection with russia perpetrated the self-proclaimed perpetrator of the of the metro bombings in march and also has links to al qaida now a source says that one of two was arrested in western france was in contact with somebody who made regular phone calls. so there's a connection between that and that in turn suggests that these men could have been part of the planning for moscow metro bombings during the search of the flat where these three men were living police found firearms explosives and also particularly significantly more scary with various potential attack targ

found speak for themselves at nearly thirty billion dollars worth compared to seven billion at the paris air show last year the star of the show. was the boy seven eight seven dreamliner made from composite materials the manufacturer claims the planes for the next eighty years will be more on this design this is a test airplane number three you know we will start it by their own plane and by the end of the year it would hold it for us custom of the launch custom a japanese adeline and they will get it for a green light this year russian civil aircraft makers had a particularly good airshow signing of a ten billion dollars worth of deals in good company agreed to supply malaysian fifty m. s. twenty one planes for around three billion dollars sequoia sold seventy f. and superjet passenger planes in various deals worth a total of about two point five billion dollars on the other side of the question air flow eleven airbus a three hundred thirty planes reaffirming its commitment to western plane making us the asho also presented in opportunity for russian helicopters to market its way as sel

now they have the helicopters up. [ laughter ] >> remember paris hilton? lindsay lohan turning herself in today. >> did anybody watch in youtube when she got sentenced when she broke down in tears? >> started crying. >> how i knew the answer would be affirmative. [ laughter ] >> her lawyer quit. robert shapiro, he quit last night. >> yeah. just before -- so. >> well, that's -- >> they are going to have the helicopters up in california following that car. >> now it. >> if we're lucky we'll have a little bit on our noon show. >> speaking of helicopters? >> no chopper yet. not right now. but in half moon bay they are continuing to pave on 92 just east of half moon bay. one way traffic control in effect for another hour or so. and they are doing it every day this week from pilarcitos creek and main street. also in san mateo county, got some roadwork going on here as well until 6:00, southbound 280 between edgewood and farm hill boulevard. actually a little slow traffic on our sensors there. but if you are crossing the san mateo bridge, you're good to go in eit