The drug industry is threatening to end its support for President Barack Obama's health overhaul effort because of a rift with the administration over protecting brand-name biotech drugs from low-cost generic competitors. In an e-mail obtained Friday by The Associated Press, the president of the Pharmaceutical Research and Manufacturers ...

The newspaper industry is suffering "market failure" and the government will need to help preserve serious journalism essential to democracy, an influential US congressman said Wednesday. "The newspapers my generation has taken for granted are facing a structural threat to the business model that has sustained them," said Representative Henry ...

WASHINGTON (Reuters) - A top Democratic lawmaker predicted on Wednesday that the government will be involved in shaping the future for struggling U.S. media organizations. House Energy and Commerce Committee Chairman Henry Waxman, saying quality journalism was essential to U.S. democracy, said eventually government would have to help resolve ...