The Federal Communications Commission convenes a public hearing in Los Angeles today as part of efforts to revise rules over media consolidation in local markets.
Nicaragua has proposed building a $20 billion canal linking the Atlantic and Pacific. Wait, isn't there already a canal like that in Panama? Dan Grech reports.
The Census Bureau's latest stats on housing costs are out today and in almost every state, people are spending a bigger chunk of their incomes on their homes. Hillary Wicai reports.
With fewer people reading traditional newspapers, publishers have been forced to look for ways to reach out to new audiences. One newspaper in Florida recently bought a new audience. Lyn Millner has the story.
Directors of the world's largest automaker meet today as rival factions within the company put forth competing plans for GM's turnaround. Sam Eaton reports.
One of Britain's biggest Internet gambling firms says the bill clamping down on Internet betting is designed to squeeze foreign operators out of the highly lucrative market. Stephen Beard reports.
Napster today launched its service in the world's second-largest music market. But it's going to take a different approach to sell music downloads in Japan. Jocelyn Ford explains.