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ISSUE DATE: May 9, 2005 =Subscribers Only

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Full Table of Contents
 Cover Story
Up Front
Voices Of Innovation
Readers Report
Corrections & Clarifications
Books
Technology & You
Economic Viewpoint
Industry Insider
Business Outlook



News: Analysis & Commentary
In Biz This Week
Washington Outlook
Asian Business
European Business
Latin America
International Outlook
Economics
Government
The Corporation
Information Technology
Finance
Logistics
Entertainment
Manufacturing
Science & Technology
Personal Business
Footnotes
The Barker Portfolio
Inside Wall Street
Figures of the Week
Editorials


INTERNATIONAL EDITIONS
International -- Readers Report
International -- Corrections & Clarifications
International -- Finance
International -- Int'l Figures of the Week
ONLINE FEATURES Book Reviews BW Video Columnists Interactive Gallery Newsletters Past Covers Philanthropy Podcasts Special Reports BLOGS Auto Beat Bangalore Tigers Blogspotting Brand New Day Byte of the Apple Deal Flow Economics Unbound Fine On Media Hot Property Investing Insights New Tech in Asia NussbaumOnDesign Tech Beat Working Parents TECHNOLOGY J.D. Power Ratings Product Reviews Tech Stats Wildstrom: Tech Maven AUTOS Home Page Auto Reviews Classic Cars Car Care & Safety Hybrids INNOVATION
& DESIGN Home Page Architecture Brand Equity Auto Design Game Room SMALLBIZ Smart Answers Success Stories Today's Tip INVESTING Investing: Europe Annual Reports BW 50 S&P Picks & Pans Stock Screeners Free S&P Stock Report SCOREBOARDS Hot Growth 100 Mutual Funds Info Tech 100 S&P 500 B-SCHOOLS Undergrad Programs MBA Blogs MBA Profiles MBA Rankings Who's Hiring Grads

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Cover Illustration by David Rudes/BW; (Cliff) Michael Melford/National Geographic Image Collection; (Road) H. Takeuchi/Panstock/Panoramic Images/NGSIMAGES.COM

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• Blogs Will Change Your Business
• Downsizing The CEO

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  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

International Business News, Business News, Technology Industry News
COVER STORY

Why GM's Plan Won't Work
...and the ugly road ahead
COVER IMAGE:  Why GM's Plan Won't Work
CHART:  Cash Flow Scenarios
GRAPHIC:  Report From The Labor Wars
GRAPHIC:  Promises, Promises

GM And VW: How Not To Succeed In China
The two giants are losing sales to rivals offering cheaper cars with features Chinese buyers love
GRAPHIC:  First Mover Disadvantage

Online Extra: GM's Ace in the Hole: Cash
Liquid reserves of at least $45 billion help the carmaker keep its credit rating above junk and give it some flexibility to maneuver
GRAPHIC:  Cash Cushion

Online Extra: 10 Turning Points for GM
It has made some painful missteps over the recent past. Here's a look back at some key developments in its downturn

Online Extra: Five for the Future Interactive Slide Show


UP FRONT

Talk Show

Goodbye To Private Accounts?

IPO Pals' Payoff

Blinders For Those Eyes In The Sky

Cool For Christ

Victoria Hale: Nonprofit Drugs For The Poor

For Big Blue, A Matter Of Some Gravity


VOICES OF INNOVATION

Dr. Francis S. Collins: On The Trail Of Disease Genes
ONLINE EXTRA:  A Genome Pioneer Looks Forward


READERS REPORT

Business Schools: Seconding The No-Confidence Vote

A To-Do List For The New Pope

What A Realtor Brings To The Table


CORRECTIONS & CLARIFICATIONS

"When Patients Say: Don't Ban My Drug" (News: Analysis & Commentary, Apr. 25, 2005)

"At Last, A Phone That Takes Dictation" (Technology & You, May 2, 2005)


BOOKS

Invasion Of The Brain Snatchers

The BusinessWeek Best-Seller List (.pdf)


TECHNOLOGY & YOU

Tiger Makes Mac's Edge Even Sharper


ECONOMIC VIEWPOINT

Iraq: One Nation Under Allah


INDUSTRY INSIDER

Watts Humphrey: He Wrote The Book On Debugging (extended)


BUSINESS OUTLOOK

U.S.: Businesses Won't Slip On The Oil Slick

Britain: Skittish Consumers, Stalled Policy


NEWS: ANALYSIS & COMMENTARY

The Economy: Why It's Not Déjà Vu

The Midwest Isn't Feeling Motor City's Pain

Why HP Is Pruning The Printers

A Pretty Shiny Quarter After All
ONLINE EXTRA:  First-Quarter Flash Profits Survey (.pdf)

Commentary: Genentech's Lessons For Big Pharma

Commentary: This Big Oil Deal Shouldn't Hurt A Bit

Taking Video Games To The Next Level


IN BIZ THIS WEEK

Alan Mulally: Takeoff At Last

Squaring Off With The SEC

A Winning Hand In Cards

Operation Mendocino

More Agony At AIG

Et Cetera...

Closing Bell: Visteon


WASHINGTON OUTLOOK

Damn The Deficit, And Pile On The Pork

A Make-Or-Break Moment For Frist


ASIAN BUSINESS

Wanted: A Big Broom For China's Banks

Pakistan: Better Late Than Never In Outsourcing
ONLINE EXTRA:  Making Pakistan Secure -- and Inviting (extended)

Why Handset Giants Are Dialing Up India

Electric Bikes: An Idea Whose Time Has Motored In?


EUROPEAN BUSINESS

The Unraveling Of Rhodia

Europe's Tech Outfits Hurry To The Altar

Surf's Up, Dude -- In Europe, That Is

Russia: From Rags To Cell-Phone Riches


LATIN AMERICA

Argentina: Reversal Of Fortune

Commentary: Latin America: The Downside Of People Power


INTERNATIONAL OUTLOOK

There's No Holding Back China's Textile Tide

A Further Shake-Up At Sony Corp.

Foreign Carmakers Still Eye Russia


ECONOMICS

How The Net Is Remaking The Mall


GOVERNMENT

Bush's Reluctant Business Allies


THE CORPORATION

BW 50: Can Caremark's Health Hold Up?


INFORMATION TECHNOLOGY

Lenovo and IBM: East Meets West, Big-Time
ONLINE EXTRA:  Turning Two Tech Teams into One


FINANCE

Fee-Based Accounts: A Poor Fit For Investors?

Startup Millionaires Even Before The IPO

The Tremors From Two Trading Titans


LOGISTICS

From Choked Ports, Pricier Products


ENTERTAINMENT

NBC: Now It's Wait-And-See TV


MANUFACTURING

Can Tomoyo Nonaka Get Sanyo Back On The Beam?


SCIENCE & TECHNOLOGY

Commentary: Biotech Drugs: Where Are The Generics?


PERSONAL BUSINESS

Micro Loans, Solid Returns

This Bull Hasn't Given Up Hope

Putting The New Food Pyramid To Work

Hotels That Have A Story To Tell
ONLINE EXTRA:  Historic Hotels Slide Show


FOOTNOTES

A Cornucopia Of Crafts From Seven Nations

Move Over, Portugal

All In The Aroma


THE BARKER PORTFOLIO

Why Wal-Mart Is Still A Smart Buy


INSIDE WALL STREET

How Now, Dow Jones

A New Dawn For Sun Microsystems?

Starbucks' Brew May Be As Rich As Ever


FIGURES OF THE WEEK

Figures of the Week (.pdf)

Online Extra: Production Index Components


EDITORIALS

How To Keep GM Off The Disassembly Line


INTERNATIONAL -- READERS REPORT

AIG Learned The Wrong Lessons From Asia

Michigan And Germany Aren't In The Same Boat

It's Not Easy Being A Japanese Student -- Or Parent


INTERNATIONAL -- CORRECTIONS & CLARIFICATIONS

"Dealmakers Are Dialing Again" (European Business, Apr. 25, 2005)

"Plays For Investors With Steely Nerves" (Global Finance Special Report, Apr. 18, 2005)

"The Glass Ceiling Stays Put" (Asian Business, May 2, 2005)


INTERNATIONAL -- FINANCE

Asia's Bond Boom Is Showing Its Age

New York Knowhow At A Czech Savings Bank