As the turmoil continues to escalate in Libya, oil prices have surged. Jeremy Hobson speaks to Michelle Krebs, senior analyst at Edmunds.com, about whether carmakers have improved fuel efficiency since the last price spike.
The government announced this morning that the U.S. economy only grew at a rate of 2.8 percent last quarter -- after originally reporting it grew at 3.2 percent. Jeremy Hobson speaks to Bruce McCain, chief investment strategist at Key Private Bank, about what that means for the economic recovery.
Reports this morning say the death toll in New Zealand could top 400 following this week's catastrophic earthquake. As American engineers descend on the country to measure the damage, governments are reminded to make building safety measures a priority. Eve Troeh has more.
Steve Chiotakis speaks with Jill Schlesinger, editor-at-large for CBS/MoneyWatch, about the Commerce Department's downward revision of the nation's Gross Domestic Product number, and the rising cost of oil.
With over 15 million viewers, and more than 200 employees, "Two and a Half Men" led CBS's Monday night comedy lineup. But after Charlie Sheen's public breakdown and subsequent media missteps, CBS has canceled this season of its popular show. Janet Babin has more.
Deep water drilling has been on hold in the Gulf of Mexico since the disastrous BP oil spill. But industry executives say they're ready to resume drilling. Jeremy Hobson speaks with Barbara Shook, Houston bureau chief for the Energy Intelligence Group.
In an effort to cut global greenhouse gas emissions, the United Nations is offering carbon credits in exchange for saving trees. To help end deforestation, Google has compiled 25 years of maps, data, and scientific measurements in its new project, Google Earth Engine. Eve Troeh reports.
Many people from across the Middle East and around the world found work in Libya's oil industry and other sectors. But as the violence there escalates, countries are scrambling to evacuate their citizens.
Protests continue today in Libya. As the United Nations and NATO begin to organize efforts to ease the violence, European governments are moving to freeze the assets of Libya's leader Muammar Gaddafi, as Stephen Beard explains.