>> venter: no. we designed this just to see if we could do this whole experiment using synthetic d.n.a. and now that we know we can do it, it's worth the effort to now make the things that could be valuable. >> kroft: just how valuable remains to be seen, but venter believes this is the first baby step in a biological revolution, one in which it will be possible to custom-design and reprogram bacteria and other organisms to churn out new medicines, foods, and clean sources of energy. what you're doing is programming cells like somebody would program software. >> venter: d.n.a. is the software of life. there's no question about it. and the key to evolution of life on this planet, and now the key to the future of life on this planet, is understanding how to write that software. >> kroft: so, you see bio- engineered fuel, for example? >> venter: i see, in the future, bio-engineered almost everything you can imagine that we use. >> kroft: how far off is some of this? >> venter: the first things will sta

russian billionaire mea culpa venters big politics as head of a liberal pro-business party and sets his sights on the prime minister's position. in an exclusive interview to orgy russia's richest man says it's not me went home to find out all the details in just a few moments. dozens die in terrible means in afghanistan as barack obama promises to follow through with the decision to withdraw one third of u.s. troops from the country. london is accused of harboring foreign fugitives byline the former egyptian finance minister to live openly in britain despite a thirty year jail sentence back home. internationalising comment live from our studios here in central moscow this is. one of russia's richest men has set his sights on politics after concrete the world of business because has been elected leader of the right cause party which counts to run in december's parliamentary elections. spoken exclusively to the billionaire . because a lot of it is not yet known as a successful politician but he is known as a very successful businessman and when it comes to profit off and the right cause t

. >>> a hot dog venter is suing for the recipe.rson being side says his grant father co-founded the beef 18 years ago. >>> a report from paris says parrots -- parrots think like a 4-year-old. >>> and then there's this story. this police dash cam shows the boy swerving. he was going as fast as 50 miles an hour. a police officer eventually caught up with him. no one got hurt. look at this. investigators say the child's mother was working the night shift at the time and had no idea her little boy and car were gone. child welfare authorities are investigating this incident. >>> the two sides in the nfl lockout appear to be getting closer to an agreement. the owners and players will meet today again. the league commissioner says they will keep meeting until they reach an agreement. >> i speak to fans all of the time. the anxiety dash the anxiety level is very hard. i think the one thing i can say we're working hard as -- as hard as we possibly can. >> and summer training camps are expected to start in a few weeks. >>> 7:47. an 11,000 --

they basically injected mod into the blood per venter to stop -- blowout preventer to stop the flow of oil. it was evident bp did not have the technology to handle a deep water blowout, which i think is atrocious. governor, i want to ask you about specific requirements issued by the department of interior to require oil companies to prove they can cap a well before receiving a drilling permit. are you familiar with that requirement? >> i am not familiar with that specific requirement. >> all right. let me read what it says. "each oil company must demonstrate that it has access to and can deploy its surface and containment resources that would be adequate to promptly respond to a block." -- a blowout. do you think the specific safety measures should be repealed? >> congressman, superficially, that is a reasonable statement that you just made. how is enforced and regulated is something of which i am ignorant. what i know is that we have had more than 31,000 wells drilled in my life, and this is the only time anything like this, anything vaguely like this has ever happened. when you consi