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Bill Loophole Gives Tobacco Industry Time (CBS News) - A loophole in a sweeping tobacco regulation bill would give the industry a 21-month window to introduce certain new products without first getting federal approval.

U.K. Needs Decision on Homebuyer Tax, Industry Says (Update1) (Bloomberg.com) - Aug. 7 (Bloomberg) -- Prime Minister Gordon Brown risks causing a housing-market collapse unless he ends speculation over the future of a tax on buying property, industry groups said.

Biotech industry battles doctor gift legislation (Boston Globe) - In a full-page ad in The Boston Globe today, the Massachusetts Biotechnology Council, along with the Associated Industries of Massachusetts, the Massachusetts High Technology Council, and the Cambridge Chamber of Commerce, said the legislation began with a simple premise: "demonize an industry and the thousands of professionals that comprise it, including doctors, for being successful."

U.K. Needs Decision, Not Debate on Homebuyer Tax, Industry Says (Bloomberg.com) - Aug. 7 (Bloomberg) -- Prime Minister Gordon Brown risks triggering a housing-market collapse unless he ends speculation over the future of a tax on buying property, industry groups said.