New York City's Off-Track Betting takes in a billion dollars a year in bets. But the OTB has been losing money, and the governor has signed an order to reorganize it under Chapter 9 bankruptcy. Alisa Roth reports.
Village parents in China's Hunan province are being detained after protesting the government's reneging of payments owed to families through a public children's lead poisoning case. Scott Tong reports how the government is trying to discredit parents.
YouTube is talking with major studios about streaming films online for a fee. Studios could benefit by gaining access to new viewers, as YouTube has garnered about 40 percent of the online video market. Sam Eaton reports.
A new projection indicates the world population may surpass 7 billion people in the next two years. But the population is contracting in parts of Europe and Asia, while Africa may add 1 billion more people by mid-century. John Dimsdale reports.
Many banks back from financial collapse are exploring ways to prevent future freefall. The Obama administration is proposing one measure that would require banks to maintain larger capital reserves. Sam Eaton reports.
You may know it as a popular college drinking game, but those who take it seriously can win thousands of dollars at tournaments dedicated to competitive beer pong. Jeff Tyler talked to some beer-pongers in Los Angeles.