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As Profits Soar, Oil Industry Unapologetic (AP via Yahoo! News) - The oil industry's massive first-quarter profits this week triggered another round of election-year outrage from President Bush and members of Congress, who spoke up on behalf of angry constituents feeling pinched at the pump.

April 28 Newspaper Industry Story (AP via Yahoo! News) - In this April 28 story about the state of the newspaper industry, The Associated Press misspelled the first name of the managing director of Newspaper Next, a project of the American Society of Newspaper Editors. It is Stephen T. Gray, not Steven.

As Profits Soar, Oil Industry Unapologetic (ABC News) - Oil Industry Unapologetic As Profits Soar; Motorists Fume, Congress Squirms

Taxing Gas Profits Would Stress Industry Cycles (NPR) - The idea of a special tax for the oil industry's windfall profits has gained more support recently. Commentator Benjamin Zycher says that the oil companies should not be penalized because oil profits are up. When the market is weak and prices low, no one advocated a subsidy.

Scaled-down Genome May Power Up E. Coli's Ability In Lab, Industry (Science Daily) - By stripping the E. coli genome of vast tracts of its genetic material - hundreds of apparently inconsequential genes - a team of Wisconsin researchers has created a leaner and meaner version of the bacterium that is a workhorse of modern biology and industry.

Five Years and $120 Million Later, Space Adventures Continues to Drive the Industry (SpaceRef) - On this day, five years ago, Space Adventures, Ltd.'s client, Dennis Tito, became the world's first commercial passenger to launch to space marking the beginning of the space tourism industry.

April 28 Newspaper Industry Story (AP via Yahoo! Finance) - In this April 28 story about the state of the newspaper industry, The Associated Press misspelled the first name of the managing director of Newspaper Next, a project of the American Society of Newspaper Editors.

Industry lobbying 'derailed junk food ban' (Guardian Unlimited) - The broadcasting regulator drew up its controversial proposals on the advertising of junk food for children after being lobbied on 29 occasions by the food and advertising industry, records show.

Food industry groups dispute claims on food warning label bill (AG Weekly) - WASHINGTON (AP) -- Food industry groups that want the same food warning labels to be used nationwide disputed claims Monday that such a requirement would pre-empt some 200 state laws.

Johnson denies government has laissez-faire attitude to industry (Guardian Unlimited) - The trade and industry secretary, Alan Johnson, denied yesterday that the government had adopted a "laissez-faire" approach to British manufacturing industry.