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For decades, Americans have been debating the need for the minimum wage. In the latest Intelligence Squared U.S. debate, four economic experts face off over whether the government should intervene or leave things up to the market.

Roald Dahl's beloved children's novel is set to hit the stage as a Broadway musical. The musical's creators say the show skews closer to the beloved book than to Danny DeVito's 1996 movie, leaning more on the original's naughty charm.

This year's Little League baseball and softball season is under way — and in the Northeast, some teams and players have taken the field again, despite losing vital equipment to Hurricane Sandy. Many donations were handled by Pitch In For Baseball, which gathered used and new gloves and helmets for the players.

The expiration of the farm bill has left dairy farmers without a milk pricing program — and a safety net. While all farmers are watching closely, milk producers face an environment where cow feed costs more than cow milk.

The London 2012 Summer Games are set to begin in earnest, with today's opening ceremony kicking off a weekend of gold-medal competitions. But if you're in America and hope to watch the ceremony live, you'll be disappointed: NBC is tape-delaying its broadcast until Friday night.

In the spring, Reid Gorecki, 31, said he might retire from baseball and become a firefighter. But as the minor league season winds down, he says he "got the itch back" to play pro ball after he hit his first home run of this season. Now he says he's ready to play another year.

Software mogul Larry Ellison, who recently purchased the Hawaiian island of Lanai, is finding out that owning an island is not all Mai Tais and hammocks. Along with the island, Ellison bought a relationship with the 3,000 people who live there.

The GOP-backed measures, passed earlier in the day by Michigan's state House, were signed into law by Republican Gov. Rick Snyder in the afternoon.

Across Europe, the recession has hit media companies where thousands of journalists have been fired and many work for low wages. In Spain, journalists see the cutbacks as a threat to press freedom at a time when Spaniards need to understand the financial crisis they are facing.

We take a moment to consider the "Bic For Her" pen and what other products might follow in its wake.