Louisiana Gov. Kathleen Blanco is suing the federal government over oil leases in the Gulf of Mexico. She claims the feds are cutting her state out of royalties it deserves. Hillary Wicai reports.

Many companies support Congressional efforts to reform the private pension system. They just want a few things in return, Sarah Gardner reports.

Shia Levitt reports on a looming Supreme Court showdown between industry and environmentalists over a key provision of the Clean Air Act.

A federal judge halts work on $320 million irrigation project to protect a rare woodpecker. Pro-business lawmakers call it an example of the Endangered Species Act run amok. Scott Tong reports.

Brocade Communications, a Silicon Valley company you've probably never heard of, has become Exhibit A in the backdated stock option scandal. The company's former CEO was hit with civil and criminal charges today. John Dimsdale reports.

The Department of Agriculture isn't too worried about mad cow disease. It's sharply cutting the number of cattle it tests. Helen Palmer reports.

A tiny Caribbean nation miffed at US efforts to restrict online gambling is calling on the World Trade Organization for help. Ashley Milne-Tyte has the story.

New requirements for TV and movie studios could be on the way. Today the Senate considers a bill that would require Hollywood to keep record of ages of the actors in all those steamy sex scenes. Scott Tong reports.

Democrats in Washington, D.C., are staunchly against tax cuts. But some Democratic governors have been falling off that wagon. Commentator Steve Moore says the party is dividing over how to generate revenue.

In his semi-annual address to the Senate banking committee, Federal Reserve Chairman Ben Bernanke said just what the markets wanted to hear. Hillary Wicai reports.