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EU MPs' climate package vote brings little joy for industry (AFP via Yahoo! News) - A European parliamentary committee on Tuesday broadly approved ambitious proposals to tackle climate change, refusing to bow to industry pressure to water down the measures.

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.