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Pursuing less risky smokes--at last.(BRIEFLY NOTED)

Sep 22, 2009; ... Late last spring, President Obama signed the Family Smoking Prevention and Tobacco Control Act, placing tobacco products under the regulatory control of the Food and Drug Administration. The law is the world's first effort to regulate cigarettes based on relative risks to health. This ...

America's new fuel economy cartel: national capitalism threatens the U.S. auto industry.(ENVIRONMENT)

Sep 22, 2009; ... In a lovely May 16, 2009, Rose Garden setting, President Barack Obama announced stricter fuel economy standards for the U.S. auto fleet. The new fuel economy rules, which include the first national carbon dioxide emission standards, require the 2016 U.S. auto/light truck fleet to achieve ...

Should alcohol taxes be raised? Alcohol tax rates have fallen by half over the past quarter-century.(BUDGET & TAXES)

Sep 22, 2009; ... Although excise taxes on beer, wine, and spirits raise about $15 billion a year in revenue for federal and state governments, current alcohol tax rates in the United States are low by historical standards. In 1980, alcohol taxes represented about 22 percent of the pre-tax price of alcohol, ...

Obama's antitrust agenda: can the new administration overcome the Chicago and Harvard schools' reservations?(ANTITRUST)

Sep 22, 2009; ... Antitrust law is back in vogue. After years in the wilderness, antitrust enforcement has reemerged as a hot topic in Washington and in the legal academy. In one heady week in May of 2009, a front-page story in the New York Times reported the dramatic decision of Christine Varney--the Obama ...

London as Delaware? Will London overtake New York as the world's financial center?(BANKING & FINANCE)(Company overview)

Sep 22, 2009; ... In the United States, state corporate law determines most questions of internal corporate governance--the role of directors; the allocation of authority between directors, managers, and shareholders; etc.--while federal law governs questions of disclosure to shareholders--annual reports, ...