A man intimidates the owner of the Morning Pictorial into selling, then uses the paper to attack those who oppose his criminal enterprises. When the Daily Planet prints unflattering stories about this, he turns his sights on them. Fortunately, Superman is there to defend the Planet from the thugs who try to destroy their trucks to stop the paper from being distributed.
We're seeing a lot more actual interaction between Clark and Lois, lately. It's nice. She's still pretty cold toward him, but their relationship seems much more real, now, than it used to. Other than this, though, the story's not very good--it's just a lot of Superman beating people up, really.