Mandalit del Barco

At the University of California, Los Angeles, Labor Center in downtown L.A., more than 100 student leaders from around the country hugged and cheered as President Obama delivered his immigration announcement Friday.

Obama outlined a new policy to temporarily stop deporting some young illegal immigrants and make them eligible for work permits.

Diego Sanchez was born in Argentina and brought to Miami 12 years ago. He's working on getting his MBA. He welcomed the president's announcement.

The joint venture will create a multi-platform news service for English-speaking Hispanics. The venture will feature a 24/7 cable channel, as well as digital media platforms.

The Artist became the first silent film to triumph at Hollywood's highest honors since the original Oscar ceremony 83 years ago. The film's lead actor, Jean Dujardin, also took home an Academy award for best actor while Michel Hazanavicius, the film's director, also won.

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