Arianna Huffington debuts the first local franchise of her popular news Web site The Huffington Post, aka "HuffPo," on Thursday. Is this a move on the local news turf? Renita Jablonski reports.

A group of Senate moderates are in agreement about a proposal that would allow some offshore drilling. John Dimsdale has details on the compromise plan and talked with a few experts about it.

Chinese businesses were anticipating higher numbers of foreign tourists for the Beijing Olympics, but so far the influx has fallen a bit short. Jamila Trindle reports even a rush now would fall short of previous expectations.

Detroit's doing all it can about drooping car sales, including plans for new fuel-efficient and smaller models. We ask an industry analyst what happens if consumer preferences swing back to big.