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US Airways CEO sees airline industry heading down (Reuters via Yahoo! News) - The chief executive of US Airways Group Inc warned on Thursday that the U.S. airline industry is heading into a downturn as it grapples with record high oil prices and a weakening economy.

US Airways CEO predicts airline industry downturn (USA Today) - The chief executive of US Airways warned Thursday that the U.S. airline industry is heading into a downturn as it grapples with record high oil prices and a weakening economy.

VMware bolsters security and brings the security industry along for the ride (CNET) - With the backing of a handful of heavy hitters in the industry, this week's announcement of VMsafe is much more than a small security enhancement.

Chinese search engine Baidu sued by music industry group for copyright violation (Minneapolis-St. Paul Star Tribune) - HONG KONG - China's top search engine Baidu.com has been sued by a local music industry group for alleged copyright violation, the second recent similar action from the industry, the group said.

Chinese music industry groups file suit against Baidu (Reuters via Yahoo! News) - Two industry groups representing China's local musicians and songwriters have filed a lawsuit against the country's Web search leader, Baidu.com Inc, accusing it of copyright violation.

Ethanol Industry, Bigger Than Ever, Says Its Critics Are Wrong (Wired News) - Ethanol production and consumption skyrocketed last year. So did criticism from environmentalists and scientists. The industry has two words for its critics: You're wrong.

New Report is a Study on the Functioning and Performance of the LCD Glass Substrate Industry (Business Wire via Yahoo!7 Finance) - Research and Markets (http://www.researchandmarkets.com/reports/c84399) has announced the addition of "LCD Glass Substrates Industry: Growth and Opportunities" to their offering.

RPT-BUDGET VIEW-Retailers want less red tape, industry status (Reuters via Yahoo! Malaysia News) - MUMBAI, Feb 25 - India's retailers want service tax on rents withdrawn, lesser number of licences and clearances to set up stores, and industry status for the sector from the federal budget.

Asian leadership needed in airline industry (Bangkok Post) - Change is the only constant in aviation these days. Just as the industry posted its first profit since 2000 _ US$5.6 billion last year _ oil prices set records, and a potential economic downturn threatens revenues.

EPA scientist booted from panel; chemical industry claimed bias (USA Today) - The Los Angeles Times reports that the Environmental Protection Agency has removed the head of a safety review panel after the chemical industry complained she was biased against a flame retardant used in TV-set housings. Deborah Rice, an award-winning toxicologist,...

 
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Battered by Industry Slump, GM and Chrysler Hold Merger Talks (Washington Post) - General Motors and Chrysler, bruised by the severe industry downturn, have held preliminary discussions about combining operations, including a full-scale merger, according to people familiar with the talks. It was unclear over the weekend whether the discussions were progressing and what, if anything, would result.

Travel industry begins its descent (Minneapolis-St. Paul Star Tribune) - The travel industry has been hit hard by the economic slowdown, particularly in the past few weeks. Airlines reported sharp declines in passenger traffic for September.

Steel industry attacks Brussels plans (Financial Times) - A steel and iron industry lobby group has accused bureaucrats of a “vindictive” campaign to chase the sector out of Europe to meet European Union climate change goals.

US car groups prepare for industry shake-up (Financial Times) - A massive realignment is looming in the global motor industry as financially troubled carmakers and their parts suppliers seek stronger partners and buyers.