Learning Resources, a partnership between Literacyworks and CBS 5-KPIX San Francisco, is a hugely popular interactive site. It uses streaming audio and video to help students worldwide (140 countries and counting!) build their reading and writing skills.
Students read CBS 5 news stories while following along with audio and/or video, then complete vocabulary, sequencing, and comprehension activities, and they can even write their own responses to the stories, which are posted on the site!
Stories in the archives also come from CNN's San Francisco bureau.
View the site: http://literacynet.org/cnnsf/gateway.html