COVER STORY
Crisis in Corporate Governance Excessive pay, corrupt analysts, auditing games: It all adds up to capitalism's biggest crisis since the trustbuster era. What will it take to restore the public's faith in the system?
COVER IMAGE: The Crisis in Corporate Governance
BUSINESSWEEK INVESTOR
The Coming Revolution in Health Care
Big changes are coming that will affect the way you pick your plan, your rights as a patient, your out-of-pocket costs for drugs, how you'll get vital health-care info, and more
UP FRONT
Talk Show
VCs: Spreading Wealth--and Risk
A Beef with Gateway's Cow
Uh, About Good Old Andersen Hall...
Get a Job, Save the Planet
After Whitewater, Enron Is Easy
Tequila with a Twist
READERS REPORT
The Strain on the Church Is Dividing Its Flock
Toyota Is Not Ready for the Red, White, and Blue
Stock Options: The Status Quo Has Got to Go
Don't Mourn the Cheap Money Just Yet
What's Missing from Media Coverage of the Genome?
Better Mileage, Yes. The Question Is How
Tech's Myopia Shut It out of the Top 50
A Crooked Cop Is Even Worse Than a Robber
A Way to Make Employers Less Nosy
How to Improve U.S. Wireless Service
Compact Disks Are Not Forever
CORRECTIONS & CLARIFICATIONS
"Sport-Ute trucks still have miles to go" (BusinessWeek Investor, Apr. 22, 2002)
"A bargain hunter scans Europe" (BusinessWeek Investor, April 29, 2002)
LETTER FROM VENEZUELA
Do-Gooders--or Agents of Revolution?
BOOKS
The Greatest Power Broker of Them All
Marvel's Misery
Fish Stories
The BusinessWeek Best-Seller List
TECHNOLOGY & YOU
Wi-Fi Tips for Wayfarers
ECONOMIC VIEWPOINT
The U.N. Is Dead Wrong on Poverty and Inequality
ECONOMIC TRENDS
A U-Turn for the Money Supply?
Yep, It Was a Recession
Banks May Hold Germany Back
BUSINESS OUTLOOK
U.S.: Debt Overseas Stirs Up Trouble at Home
U.S.: Without Chips, the Economy Is Tougher to Read
NEWS: ANALYSIS & COMMENTARY
No Quick Cure for Big Pharma
How Drug News Leaks to Investors
Still Waiting for the Profit Rebound
Williams-Sonoma Tries a New Recipe
The Emperor Strikes Back
Botox: Now It's a Guy Thing
IN BUSINESS THIS WEEK
Jeffrey Bezos: The Shipping News
Archives That You Can See in a Blink
A Plague of Probes for Wall Street
Nasdaq Mulls a Super Exchange
Patchy Earnings in the Oil Patch
Williams' Spin-Off Spirals Downward
Et Cetera...
Boffo Biz
WASHINGTON OUTLOOK
Those Steel Tariffs Look Anything but Ironclad
After Hughes
INTERNATIONAL BUSINESS
Europe: Goodbye Reform?
COMMENTARY: Le Pen's Win May Be Just What France Needs
INTERNATIONAL OUTLOOK
Malaysia: A Surprising Ally in the War on Terror In recent months, Mahathir Mohamad has begun to play a key role as a moderate voice for the Islamic world
Pakistan's Referendum
FINANCE
Sears: A Slippery Slope Made of Plastic
For Small Banks, It's a Wonderful Life
INFORMATION TECHNOLOGY
Woe Is WorldCom
About That $366 Million I Owe You...
SPORTS BUSINESS
Q&A: David Stern Takes His Shots
GOVERNMENT
George, Why Don't You Sit This One Out?
SCIENCE & TECHNOLOGY
A Thousand-Year Plan for Nuclear Waste
DEVELOPMENTS TO WATCH
Tweaking the Taste Back into Tomatoes
An Open Sesame for Drugmakers
When Heartache May Bring on a Heart Attack
Innovations
THE BARKER PORTFOLIO
Something New at Liberty Media: Value
INSIDE WALL STREET
GulfMark Is a Gusher
This Title Insurer Has Curb Appeal
ECC: A Weapons Sale Ahead?
FIGURES OF THE WEEK
Figures of the Week (.pdf)
EDITORIALS
Corporate Governance: The Road Back
INTERNATIONAL -- READERS REPORT
Toyota Is Not Ready for the Red, White, and Blue
The Strain on the Church Is Dividing Its Flock
Stock Options: The Status Quo Has Got to Go
INTERNATIONAL -- BUSINESS OUTLOOK
Canada: A Chill from Inflation Jitters
INTERNATIONAL -- ASIAN BUSINESS
Mazda's Makeover
ONLINE EXTRA: Q&A with the Men Who Run Mazda
Sharp's Skinny TVs Make for Fat Profits
Commentary: China's Deficit Is the Least of its Financial Worries The budget flap steals attention from a pair of hidden deficits: bad bank loans and unfunded pension liabilities
INTERNATIONAL -- EUROPEAN BUSINESS
Has Nokia Run Out of Rocket Fuel? With handset sales slowing, the Finnish phonemaker's days of high-octane growth are in jeopardy
Bayer's Big Headache "We have a growth problem for the next four years," says its new Chairman, Werner Wenning. Can he provide a cure?
INTERNATIONAL -- THE MIDDLE EAST
Commentary: In Gaza's Streets, Few Thoughts of Peace
INTERNATIONAL -- FINANCE
Emerging Markets Take Wing
Why Thailand's Star Is Rising
INTERNATIONAL -- INT'L FIGURES OF THE WEEK
International Figures of the Week (.pdf)
INTERNATIONAL -- EDITORIALS
France at the Turning Point
Online Highlights
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Magazine Forums
Cover by Joe Calviello/BW
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Reform, Post-Enron
Do companies need shaking, or just a slight nudge? BW's Bruce Nussbaum and Mike Mandel debate
Wake-Up Call
The LePen shock galvanized France -- and may prove a setback for the ultra-right elsewhere, says BW's Bob Dowling
Earnings Purge?
Cleansing balance sheets is painful now, but should be a tonic for the market soon, says BW's Gene Marcial
New Options in Health Coverage
BW's Amy Dunkins lays out new plans to cope with health-care inflation
Still on Track
With no interest-rate hike likely in the near term, the recovery seems pretty much on schedule, says BW's Jim Cooper
SPECIAL REPORTS
The IT 100 Emerging-market cellular players, wireless phone and gear makers, and Web giants are this year's stars
Math's New Era
More math geeks are calling the shots in business. Is your industry next?
Tech Trends 2006
The war for the digital home, social networks, Vista, game consoles, tech hiring, and more
Dream Machines
Auto makers are innovating at full speed -- and giving buyers the power to shape their vehicles
2006 Investment Outlook
Prospects are basically positive: Growth is brisk and corporate profits are climbing
Battling Global Warming
How top companies are reducing emissions of CO2 and other greenhouse gases
What's Hot at CES
What's on tap at the big Consumer Electronics Show? A slew of new flat-panel sets and falling prices
Tech Buying Guide
Products for the digital home: HDTV, Wi-Fi cameras, iPod-run home audio and more
Next for Apple...
How can Jobs & Co. keep its lead? Here are some possibilities
Best of the Web
No longer for idle wanderings or passive viewing, the Web is about socializing, sharing -- and creating
Open Source: The Next Generation
Now it's an ecosystem -- and VCs are eager to help
Global Brands
The companies that best built their images -- and made them stick
Europe's Hot Growth Companies
High taxes, rigid rules, and elusive capital aren't stopping these powerhouses
China and India
The balance of power will shift to the East as China and India evolve
Stars of Europe
25 leaders at the forefront of change
Stars of Asia
The 2005 lineup reflects the growing importance of China and India
EMBA Rankings
Northwestern's Kellogg School solidified its hold on the No. 1 spot
Head of the Class
Ranking B-school executive education
Winners
The best product designs of 2005 from the Industrial Design Excellence Awards
Hot Growth
Talent, teamwork, and creativity powered this year's list of the 100 best small companies
The BW50
Our 2005 picks for the top performers among the S&P 500
More Special Reports