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Discusses various aspects of national corporate ownership and describes the current debate over this issue underway in the administration of President Bill Clinton. Actions of Labor Secretary Robert B. Reich; Home-country benefits; Additional information.

The article focuses on the response of the business community in the U.S. to the Phase IV of government controls. Several businessmen are asking for a return to free market and expressing concern over the reporting and pricing requirements for companies, mentioned in the Phase IV that is scheduled to begin from August 12, 1972 in most of the industries. It discusses the impact of the Phase IV controls on the companies in the food industry.

The article reports on the decision of the U.S. government to start monitoring the noise levels at industrial plants in July 1969, in which the non-complying companies could be barred from bidding on government contracts. It says that noisy companies are given alternatives, one of which is the use of noise and shock absorbers to reduce noise levels. The author adds that these firms can also require their workers to wear earmuffs or earplugs, which reduces their exposure to high-level noise. The industries having rough noise problems are also discussed.

Offers a look at William H. Donaldson, chairman of the United States Securities and Exchange Commission. Creation of the accounting oversight board after the Sarbanes-Oxley Act; Actions Donaldson took when the New York Stock Exchange paid its director, Richard A. Grasso, $139 million in compensation; Stance Donaldson took against corporate fraud.

Editorial. Suggests how the administration of United States President George W. Bush should handle antitrust policy. Two views of antitrust, including that which harms consumers and that which stifles innovation; How the administration of former President Bill Clinton was concerned with the second definition; Opinion that Bush should choose an antitrust team that recognizes the importance of innovation to the U.S. economy.

Reports that Washington D.C. has sparked an uproar by planning to penalize foreign companies doing business with seized United States property in Cuba. Coming down harder on United States violators of the embargo against Fidel Castro's regime; Data on the number of cases with civil penalties; American businesspeople's interest in Cuba as a factor; Number of United States executives who have traveled to Cuba in 1994 and 1995.