COVER STORY
Ballmer's Microsoft
How CEO Steve Ballmer is remaking the company that Bill Gates built
COVER IMAGE: Ballmer's Microsoft
CHART: How Microsoft Has Fared Under Ballmer
GRAPHIC: Ballmer's Lineup
TABLE: Management by Ballmer
TABLE: The CEO's Action Items
Q&A: Bill, on Switching Jobs with Steve
INTERNATIONAL -- EUROPEAN COVER STORY
The Stars of Europe
50 leaders at the forefront of change
UP FRONT
Talk Show
A Tourist Board's Best Pal: The Prez
The Real Stakes at Belmont
And the Next Color Will Be...
Road Rage Rankings
Just What Kind of Retiree Will You Be?
A Meaty Message for the Japanese
As the Downturn Turns
READERS REPORT
Setting a New Standard for Sensitive Reporting
Will the Real Earnings Numbers Please Stand Up
The Complexities of Complexity Theory
CORRECTIONS & CLARIFICATIONS
"Tech CEOs aren't buying the buzz on the street" (News: Analysis & Commentary, May 27, 2002)
"When bad things happen to good value plays" (News: Analysis & Commentary, June 3, 2002)
"Don't Light Up, Drink Up" (Up Front, May 27, 2002)
BOOKS
Where Global Markets Are Going Wrong
Doyenne of Ads
Sex Sells
TECHNOLOGY & YOU
Don't Be Fooled by the Name on the Box
ECONOMIC VIEWPOINT
When Everything Is Made in China
ECONOMIC TRENDS
Poverty: The News Brightens
Employment's Altered State
Whose Fuel Is in U.S. Cars?
BUSINESS OUTLOOK
U.S.: Investors Are Ignoring All the Good News
Mexico: Say Adios to the Super Peso
NEWS: ANALYSIS & COMMENTARY
What Corporate Cleanup?
Commentary: The SEC's Accounting Reforms Won't Answer Investors' Prayers
COMMENTARY: Boardroom Changes That Could Rebuild Trust
Can Tyco Survive the CEO's Math?
Qwest: Trying to Stay Liquid in a Dry Season
A Plague of Software on the Shelf
Oracle: When Strong-Arm Tactics Backfire
Commentary: Bono and O'Neill: Who's Right on Foreign Aid?
IN BUSINESS THIS WEEK
Barry Diller: See Barry Shop
Remedial Cash for Edison Schools
In Detroit, a Long, Slow Summer?
Keeping an Eye on Fannie and Freddie
FERC Brandishes the Big Stick
A Philip Morris Appeal Stubbed Out
Et Cetera...
Zap!
WASHINGTON OUTLOOK
How Much Heat Can Ashcroft Take?
Jim Jeffords, Superstar
Kennedy's End Run
Yes, We Have No Surplus
INTERNATIONAL BUSINESS
China: Motor Nation
The Little Car Company That Can?
Commentary: A Little Growth: Just What Japan Doesn't Need
A Gleam of Hope for Russia Inc.
INTERNATIONAL OUTLOOK
Can Karzai Pull Afghanistan Together?
After France's Election
Canada's Leadership Fight
SPORTS BUSINESS
Commentary: World Cup: Sponsors Need to Get in the Game
MANAGEMENT
Commentary: When Directors Join CEOs at the Trough
THE CORPORATION
Johnson & Johnson: A Shopping Spree Waiting to Happen
GOVERNMENT
States: A Rebound Won't End Red Ink
LEGAL AFFAIRS
Commentary: It's State Attorneys General vs. Corporate America
COMMENTARY: The Best Defense: A Former AG
INFORMATION TECHNOLOGY
HP and Compaq: It's Showtime
TABLE: A Post-Merger Checklist
FINANCE
Merrill: Is Stan the Man?
GM's Cash Guzzlers
Why Fiat's Slide Is GM's Problem
MBNA's Earnings Machine Has Engine Trouble
DEVELOPMENTS TO WATCH
Watch for Weasel Numbers in Medical Studies
Better Resonance through Chemistry
Taking Deadly Aim at Malaria
Whoops! Wrong Patient
BUSINESSWEEK INVESTOR
House Prices: More Down-to-Earth?
Snapping Up Second Homes
Home Sweet Time-Share
Should You Just Sell the Place Yourself?
The Right Broker for the Job
Q&A: Not Your Usual Real Estate Trusts (extended)
THE BARKER PORTFOLIO
A Cushion for Oil-Price Shock
INSIDE WALL STREET
A Natural for Heinz
Trouble Looms for Checkpoint Systems
Full Speed Ahead at Stelmar
FIGURES OF THE WEEK
Figures of the Week (.pdf)
EDITORIALS
Stop Stonewalling on Reform
The Ironic Rise of State Attorneys General
INTERNATIONAL -- READERS REPORT
Indonesia: A Free Press Can Promote Democracy
High Gas Taxes Don't Stop Britons from Driving
A Better Weapon against Wildfires?
Ship All That Caspian Oil through Ukraine
INTERNATIONAL -- ASIAN BUSINESS
Maybe Beijing Should Have Stayed Out of This One
For Martha, Land of the Rising Glue Gun
INTERNATIONAL -- EUROPEAN BUSINESS
Broadband Bust
A Smooth Takeoff for Swiss International
INTERNATIONAL -- FINANCE
Is This the Real Deal for Japan?
Swiss Banks Feel a Sudden Chill
Q&A: Escape from the Ivory Tower
INTERNATIONAL -- SCIENCE & TECHNOLOGY
Biotech Is Bubbling Up in Toronto
INTERNATIONAL -- INT'L FIGURES OF THE WEEK
International Figures of the Week (.pdf)
INTERNATIONAL -- EDITORIALS
Now Japan Must Stay the Course
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North American and Asian Cover Photograph by Brian Smale
European Cover 3D Imaging by Joe Calviello/BW
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States' Wrongs?
Washington needs to rein in some of the new federalism to avoid a bewildering patchwork of rules, says BW's Mike Mandel
Dollar Drop
The yen and the euro are gaining on U.S. currency -- and that poses an inflation threat, says BW's Chris Power
Housing Builds
Prices are still climbing, and if the economy keeps growing, the trend should continue, says BW's Carol Cropper
Duck and Cover
Terror alerts could explain the discrepancy between good economic numbers and sluggish stocks, says BW's Gene Marcial
Uncertain Recovery
The numbers are positive, but so far, investors aren't sharing the confidence of consumers, says BW's Jim Cooper
Teaching Ethics
Bill Christie once helped bust Nasdaq price fixers. Now, he's Vanderbilt's B-school dean -- and bringing those lessons to MBAs
View from the Heights
Daniel Yergin, host of the new PBS series "The Commanding Heights," on the outlook for globalization after September 11
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
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