The American Association of Public Health Physicians (AAPHP), who opposed the new bill giving the U.S. government regulatory authority over cigarettes and other tobacco products, says the bill was essentially written by Philip Morris for the company's own benefit.

Medialink Worldwide -- the largest producer of video news releases and audio news releases -- has announced that it has reached an agreement to be taken over by The NewsMarket.

Key to the Obama administration's proposal for financial industry reform is the establishment of a Consumer Financial Protection Agency. The proposed agency would "have a broad mandate to cover the spectrum of consumer financial products and to fill gaps in current regulations." Not surprisingly, big business is fighting back.