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major league baseball. one of its biggest young stars may have to sit out 50 games for breaking the rules. yes, the national league mvp now facing allegations of substance abuse in baseball. also, thousands in the streets in russia protesting against the government. now here at the top of the hour, let's start this morning. some of the headlines, the republican presidential debate in iowa. the new front-runner newt gingrich was the target of much of the night. his rivals lining up to take shots at him. mitt romney called him a career politician. rick perry called him out for mari...

one of the men says dod drugged him and offered him $1,000 for oral sex. no comment from dodd who is battling colon cancer. the fight over payroll tax cut is facing a new year's deadline. each party has a different idea on how to achieve it. with an interview with cbs, president barack obama admits there's no quick fix for the american economy. >> did you over promise? did you underestimate how difficult this was going to be? >> i didn't over promise and i didn't underestimate how tough this was going to be. i always believed that this was a long term project. this wasn't a short t...

the great their economy. what does this mean? britain is staying on the sidelines keeping some anxiety in those markets. we'll have full details in a minute. we also have details about yesterday's virginia tech shootings. now police say the apparent gunman and victim did not know each other. university spokesman says the suspected shooter was not a student there and ballistics tests confirm that the same gun was used to kill the suspect and a campus police officer. the suspect apparently dye died from a self-inflicted gunshot wound. they've identified the slain officer as deriek ...

then took off to a parking lot where another person was killed. still unclear, the identity of that person. the entire campus on lockdown as authorities continue to look for this suspected gunman. now watch this. an emergency summit to save the euro. jon corzine on the hot seat over millions of missing dollars. jerry sandusky, a free man for now. and possible dangers of two birth control drugs. we begin with allison at the new york stock exchange for reaction to jon corzine's testimony before congress. what did he have to say about the more than $1 billion that has gone missing fro...

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