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Video: Airline Profits Triple, Egg Makers Grilled in Washington


Jill Jacinto's look at the daily news you may have missed.

Bloomberg reports that works by Andy Warhol and Damien Hirst will lead art sales in London next month. Last May in New York, average prices of contemporary art at Sotheby's (BID) and Christie's were double what they were in 2009. But in London, the rate of increase slowed to 46%. Over-optimistic estimates were to blame. Which is why next month's sale in London is being so closely watched.

Next, the New York Times reports that profits for world airlines will triple to $8.9 billion this year.

And last up, in what will almost certainly be the most anticipated federal hearing of the century, lawmakers will be questioning the head of Wright County Egg about last summer's egg contamination.

Click below to watch the video.

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