Viacom this morning announced a drop in last quarter's profits -- in part due to sluggish DVD sales. In an effort to boost revenue, Viacom has cut a deal with Hulu.com to allow popular programs like "The Daily Show," "The Colbert Report," and "The Jersey Shore" back on the website.
A cyclone hits Australia and drives the price of sugar to a 30-year high. Civil unrest in Egypt has pushed up the price of wheat. Global demand is growing on a shrinking supply. Is the cost increase in global commodities a coincidence? Kevin Kerr responds.
Federal Reserve chairman Ben Bernanke will take questions from the press today at the National Press Club. The Fed chairman has spoken to the journalists in the past, but formal press conferences by a sitting chairman are not the norm. Scott Tong has more.
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