The Howard Hughes Medical Institute is giving $600 million to a group of 56 scientists. Jeremy Hobson reports what this could mean for biomedical research in general, which often has to get creative to find funding.
Rescue and rebuilding efforts from the China earthquake have prompted such a strong response from volunteers and donors in the country that many are wondering whether a new interest in private philanthropy will develop out of the tragedy. Jamila Trindle reports.
Some investors gather to eat and talk about growing their investments. A giving circle gathers to discuss who should get money being given away. Heidi Pickman reports from one circle in Palo Alto, California.
Riding the trend of feel-good reality TV shows, Fox is set to unveil a riches-to-rags story. Stacey Vanek-Smith has more on the "Secret Millionaire" who must find a worthy beneficiary while living amongst the needy.
In a novel approach to fighting homelessness, San Francisco will install 10 old parking meters in heavily panhandled neighborhoods and use the money deposited for charities. Sean Cole reports on a similar program in Montreal.
With the death toll from China's Sichuan Province earthquake at more than 12,000 and expected to rise, aid offers are coming in from around the globe. But will Beijing be receptive to assistance or choose to go it alone? Scott Tong reports.
Consumers are facing a double whammy. Sticker-shock at the gas pumps and again at the grocery store. Today a Congressional hearing focuses on how rising food costs affect Americans and what can be done. Jeff Tyler has more.