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reporter: libby kleeman s two children and brooks-kayal s grandchildren all go to public schools. the kleemans live in the affluent andover. and caton s children live in. is it something that just affects poor school? no. no, not at all. the stakes are high for every district in the state, for every child in the state. that is a possibility. reporter: at jarredin middle school, hit even harder by those cuts, some kids are so needy, teachers do their laundry. principal lura jo atherly: i thought we as a state had evolved and understood how important getting our kids ready for college and careers would be. reporter: in 2005, a court ordered the state to pay $4,492 per student. in 2008, they spent $4,400. now it s down to $3,838, $654 ....
About a remarkable new treatment for blindness that involves gene therapy. here s dr. jon lapook. here s dr. jon lapook. reporter: 63-year-old jonathan wyatt was diagnosed at age 20 with a rare genetic disorder that causes progressive blindness. in recent years he was unable to read. he was one of six patients in the gene therapy trial. when i got home i looked at diana s mobile phone and i said a virus, the retinal cells started producing the protein. all six patients had improved vision and two including wyatt had dramatic results. robert mclaren of oxford university led the study. rather than taking a pill or proteins or taking tablets, we re actually correcting the disease at the genetic level. ....
Transcripts for KPIX CBS Evening News With Scott Pelley 20140117 01:54:00 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
Like going to a museum. reporter: that is what a million bucks looks like. it was in a museum in new york when organizer perry came up with the idea, put the fun back in fund-raising by holding not an auction for this super rich, but a regular old raffle. who else than picasso could work when you look for a famous painter, everyone knows picasso. this piece is signed here. reporter: she got permission to raffle off the painting from picasso s family, an anonymous donor bought it from the new york gallery on behalf of the charity. the raffle is limited to 50,000 tickets with proceeds going toward a charity to save the ancient city of tier in lebanon, a unesco world heritage site. art critic said the 1914 maining is an impressive example of picasso s work. but we asked whether the raffle cheapens it in a way. no! no, it s not cheapening it. i think it s the most wonderful kind of miraculous thing. i think there are good gimmicks and bad gimmicks. and this is very probably a ....
Appreciate your candor and transparency. reporter: she s been number two at the fed since 2010. we do see strength in the private sector of the economy, and we are expecting continued progress going forward. reporter: if approved, yellen s likely to follow ben bernanke s course. so what can change? for the first time, a woman will be running the world s largest economy. i m glad to see her as the first woman chairman of the fed. it s long overdue. reporter: former chairman alan greenspan, who worked with yellen at the fed in the early 90s, spoke in an interview for sunday morning. is finance in the united states still too much of a boys club? if you look at the actual data, it s still a boys club. i think it s fair to say it s the boys club. ruth porat is the first woman to be chief financial officer of morgan stanley and the bank s highest ranking female executive ever. have you thought at times being a woman was an obstacle in finance? i think the bar can be hi ....