company is about to gobble up one of america s biggest chocolate makers. lindt is reported to pay around $1 billion for russell stover. those boxes inspired that famous line from forrest gump that life is like a box of chocolates. you never know what you re going to get. here s a warning from the farmers in iowa. don t be surprised if you re not seeing too much sweet corn on the cob in the grocery store these days. they say a series of strong storms that roared through the region have had a devastating effect on crops there. floods in fields are good for growing but they say this summer it is not very good for corn. and another story from the heartland that s much more fun. take a look at this place over the weekend in kansas city, kansas. that s right. that s what they call the trash boat regatta. this was the fifth annual edition of that event which is likely self-explanatory even on this monday morning. look at that. participants were limited in what they could use to make
quick headlines for you. kanye west charged with assault from thin famous video from july. getting into a scuffle with a photographer. if convicted on both. face up to prison two years in prison or $200,000 fine. chocolate prices are going up. chocolate makers are having to deal with sky high prices on cocoa butter and that is trickling down to you. thanks so much, clayton. political infliewsm young voters has dropped but there are some my lemes who haven t given up on the political process just yet. in the past month four super pacs have been created by people under the age of 35. and here now is the president and founder of one of those groups, called pass the torch. she was on fox & friends yesterday and i watched that segment. you were talking about your surfing business. is that what made you want
confidential files on about 20 former employees including social security numbers, w 4 forms and doctor s notes. a spokeswoman for gap incorporated which owns banana republic said we are taking emuch immediate action to prevent this mismailing thing. in the future, and apologized for the error. by the way, the bride to be is the daughter of actor richard dreyfus. one of the world s largest chocolate makers is set to pay millions in fines. officials in hershey canada play guilty in their role in price fixing plots. necessarily and mars face similar charges but they deny them. senior executives of all of those companies, and hershey met secretly in coffee shops and conventions to set prices. canada s competition bureau as they call it slapped hershey with 3.8-million-dollar fine as part of what it calls leniency for cooperating with the investigation the that the will vote on
you ve had that break of three or four hours and want to head to the fridge. if that is you, you want to see this next story. take a look. one of the world s great chocolate making cities. check out what chocolate makers in belgium have created. i think it s pretty cool. it s been certified as the world s largest vintage steam train made entirely out of chocolate. it s 110 feet long and appropriately enough, it was tut together as one of the main train stations in the belgium capital. maybe with your morning coffee, if you re up late and still digesting your christmas dinner or up early going back to work, you can have a little bit. those people looking at the train, how do you not just take a little piece off? we don t need a conductor. there he goes. keep it right here, because coming up, protecting those most expensive christmas gifts you ve received from all the costly damage they could be getting as you re ripping them apart. and high tech advances for
as for milk and butter. more than double in the last five years. that s not some thing you can say your cookies went from $1.50 to $2.5. right. so what do you do? you re making less money at the end of the day. you work more for less money. but the key ingredient for any chocolate maker. let me show you chocolate. is pure chocolate. for torres, the outlook is uncertain. when you buy the cocoa beans, ten years ago, the metric ton, around $1,000. today, a metric ton, past $3,000. political unrest in the ivory coast and much of the world s cocoa comes from is raising key concern for chocolate makers. we have a supply problem at easter. wait until christmas arrives. that s where the problem is going to be. that s when we re going to see the price going up.