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Mass., Tobacco Industry to Arbitrate (AP via Yahoo! Finance) - The Supreme Judicial Court dealt the state a temporary setback on Monday in its dispute with the tobacco industry over $60 million the companies have withheld from Massachusetts' yearly settlement payments.
Questions Linger on Air Industry Demand (AP via Yahoo! Finance) - Investors have been hammering airline stocks, anxious about possible weakness in domestic travel. But analysts disagree on how much a cooling U.S. market would hurt the industry. Some say it could imperil expected 2008 earnings; others say carriers could overcome it due to continued strength in overseas travel.
Update: Russell Simmons Urges Record Industry To Censor Rappers (SOHH) - Russell Simmons and the Hip-Hop Summit Action Network (HSAN) issued a statement today (April 23) urging the recording industry and media outlets to censor misogynistic lyrics and racist terms from... Visit SOHH.com for the complete story.
Maharashtra: Industry set for 2 days of power cuts (rediff.com) - Maharashtra Electricity Regulatory Commission's order rejecting the state power utility Maharashtra State Electricity Distribution Company Ltd request to increase load-shedding is likely to affect industry in the state adversely.
Treasury minister signals greater scrutiny of hedge fund industry (Guardian Unlimited) - The government yesterday signalled that hedge funds could come under closer scrutiny to minimise the risks the industry poses to the wider financial markets.
McKeon takes aim at college loan industry (Los Angeles Daily News) - In the wake of revelations of deceptive practices in the college loan industry, U.S. Rep. Howard "Buck" McKeon introduced a bill Monday to reform the way private lenders operate.
Wine industry fears for US exports (TVNZ) - The wine industry is worried the high New Zealand dollar will cause exporters to lose ground in the important United States market. The New Zealand dollar is trading at about 74 US cents.
Polish Music Industry Continues File Sharing Crackdown, (Tax-News.com) - The Polish Society of the Phonographic Industry (ZPAV) is continuing with legal actions against major file-sharers in P2P (peer to peer) services on behalf of the country's music industry, the International Federation for the Phonographic Industry announced last week.
Simmons wants to ban offensive words from music industry (The New Zealand Herald) - NEW YORK - Prominent US hip-hop executive Russell Simmons today recommended eliminating the words "bitch," "ho" and "nigger" from the recording industry, considering them "extreme curse words."
Property for Industry rental income up 7pc (Stuff) - Property For Industry (PFI) is looking towards a strong year, after a 7 per cent increase on rentals in the first quarter.
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Travel Industry Shaken by Economic Downturn (New York Times) - The travel industry has been hit hard by the economic slowdown, particularly in the last few weeks.
Drug Industry: No Cold Meds for Young Kids (ABC News) - Industry announces voluntary warnings after criticism from pediatricians.
China vows overhaul of "chaotic" milk industry (AP via Yahoo! News) - China's Cabinet vowed a complete overhaul of the scandal-ridden dairy industry Monday, pledging to inspect every link from the farm to the dinner table to try to restore public trust in Chinese-made food products.
Ex-judges target building industry group, Rossi (AP via Yahoo! Finance) - In the final days of a heated election, Republican gubernatorial challenger Dino Rossi could be forced to testify under oath about allegations that he illegally coordinated campaign fundraising with a major supporter, the conservative Building Industry Association of Washington.