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COVER STORY

COVER STORY -- INTRODUCTION
• The 25 Top Managers of the Year
•     COVER IMAGE: The Top 25 Managers of the Year
•     TABLE: 1997's Honor Roll

COVER STORY -- THE BEST MANAGERS
• Bernard J. Ebbers
• Nobuhiko Kawamoto
• Ellen R. Marram
• Harvey Golub and Kenneth I. Chenault
• William W. George
• Jeanne P. Jackson
• Morris Chang
• Scott G. McNealy
• Sanford I. Weill
• James F. Halpin
• Lois D. Juliber
• Wendelin Wiedeking
• Henry B. Schacht and Richard A. McGinn
• James D. Sinegal
• John F. Welch
• Eckhard Pfeiffer
• Donald V. Fites
• Michael C. Ruettgers
• Michael S. Dell
• Robert Louis-Dreyfus
• John Pepper
• Hasso Plattner and Dietmar Hopp
• Randall L. Tobias
• Charles M. Cawley
• Jacques A. Nasser
• Managers to Watch in 1998

COVER STORY -- THE BEST ENTREPRENEURS
• Sky Dayton
• Anthony Mark Hankins
• Irwin D. Simon
• Dineh Mohajer
• Halsey M. Minor
• Matthew M. Rizai
• William R. Bartmann

COVER STORY -- THE BEST NEW PRODUCTS
• Porsche Boxster
•     PHOTO: Porsche Boxster
• MCR Racer
•     PHOTO: MCR Bike from Giant
• Starbucks Ice Cream
•     PHOTO: Starbucks Ice Cream
• Dolly
• Microsoft Sidewinder Force Feedback Pro Joystick
• Nokia 9000 Communicator
•     PHOTO: Nokia 9000 Communicator
• Intel Pentium II PC
• Electronic Putting Challenge
•     PHOTO: Top Flite Aero Golf Ball
•     PHOTO: GL Technology Putting Machine
• La-Z-Boy Maxim
•     PHOTO: La-Z-Boy Maxim
• Aramark's Selectservice System
• Gatorade Frost
• Honda Accord
•     PHOTO: 1998 Honda Accord EX Coupe
• Lilly's Zyprexa
•     PHOTO: Zyprexa from Eli Lilly
• Toshiba Libretto
•     PHOTO: Toshiba Libretto 70CT Laptop
• Cut-Rate Fares Via E-Mail
• Actimates Interactive Barney
• Mercedes Ml320
•     PHOTO: 1998 Mercedes-Benz M-Class SUV
• Virtual Pets and Beanie Babies
•     PHOTO: Giga Pet
• Motorola Talkabouts
• Digital Videodisks
•     PHOTO: RCA DVD Player
• Index Options and Futures
• Caffe Froth
•     PHOTO: Frother
• Husqvarna Hovering Trimmers
•     PHOTO: Husqvarna Lawn Mower
• Rex PC Companion
•     PHOTO: Rex
• Sub-$1,000 PCs
•     PHOTO: Compaq Presario 2000
• Software to Watch in 1998
•     PHOTO: Riven
•     PHOTO: Dilbert's Desktop Games
• Products to Watch in 1998
•     PHOTO: New Volkswagen Beetle
• Web Sites to Watch in 1998

INDUSTRY OUTLOOK 1998

INDUSTRY OUTLOOK -- OVERVIEW
• Overview
•     TABLE: Leaders
•     TABLE: Laggards
•     CHART: A Softer Economy Ahead
•     CHART: Global Economy
• BW/HARRIS EXECUTIVE POLL: Greater Expectations
•     ONLINE ORIGINAL COMMENTARY: Why the Corner Office Is So Upbeat

INDUSTRY OUTLOOK -- INFORMATION
• Software
•     TABLE: Prognosis 1998
•     CHART: Software Outlook
•     CHART: Spotlight
•     ONLINE ORIGINAL: Q&A with Anthony Picardi of IDC
•     Trend: Networking
• Computers & Chips
•     TABLE: Prognosis 1998
•     CHART: Computers & Chips Outlook
•     CHART: Spotlight
•     Focus: Digital Videodisks
• Telecommunications
•     TABLE: Prognosis 1998
•     CHART: Telecom Outlook
•     CHART: Spotlight
•     ONLINE ORIGINAL: Q&A with Richard Notebaert of Ameritech
•     Focus: Worldcom
• Media & Entertainment
•     TABLE: Prognosis 1998
•     CHART: Media & Entertainment Outlook
•     CHART: Spotlight
•     ONLINE ORIGINAL: Q&A with Bill Mechanic of Twentieth Century Fox
•     Focus: The Internet

INDUSTRY OUTLOOK -- MANUFACTURING
• Autos
•     TABLE: Prognosis 1998
•     CHART: Autos Outlook
•     CHART: Spotlight
•     ONLINE ORIGINAL: Q&A with Harry Pearce of General Motors
•     Trend: Light-Truck Glut
• Energy
•     TABLE: Prognosis 1998
•     CHART: Energy Outlook
•     Trend: Oil Services
•     ONLINE ORIGINAL: Q&A with Steven Farris of Apache
• Aerospace
•     TABLE: Prognosis 1998
•     CHART: Aerospace Outlook
•     ONLINE ORIGINAL: Q&A with Vance Coffman of Lockheed Martin
•     Focus: Boeing
• Metals
•     TABLE: Prognosis 1998
•     CHART: Metals Outlook
•     ONLINE ORIGINAL: Q&A with Keith Busse of Steel Dynamics
•     Trend: Scrap Substitutes
• Agriculture
•     TABLE: Prognosis 1998
•     CHART: Agriculture Outlook
•     ONLINE ORIGINAL: Q&A with Dean Kleckner of the American Farm Bureau
•     Trend: Futures Contracts
• Drugs
•     TABLE: Prognosis 1998
•     CHART: Drugs Outlook
•     ONLINE ORIGINAL: Q&A with William Steere of Pfizer
•     Focus: Merck

INDUSTRY OUTLOOK -- SERVICES
• Health Care
•     TABLE: Prognosis 1998
•     CHART: Health-Care Outlook
•     CHART: Spotlight
•     ONLINE ORIGINAL: Q&A with Richard Huber of Aetna
•     Focus: Medicare
• Retailing
•     TABLE: Prognosis 1998
•     CHART: Retailing Outlook
•     ONLINE ORIGINAL: Q&A with Tracy Mullin of the National Retail Federation
•     Trend: Internet Shopping
• Transportation
•     TABLE: Prognosis 1998
•     CHART: Transportation Outlook
•     ONLINE ORIGINAL: Q&A with Gregory Brenneman of Continental
•     Trend: Airline Reregulation
• Food
•     TABLE: Prognosis 1998
•     CHART: Food Outlook
•     ONLINE ORIGINAL: Q&A with Ron Paul of Technomic
•     Trend: Packaged Food
• Lodging
•     TABLE: Prognosis 1998
•     CHART: Lodging Outlook
•     ONLINE ORIGINAL: Q&A with Bjorn Hanson of Coopers & Lybrand
•     Focus: Steve Bollenbach
• Business Services
•     TABLE: Prognosis 1998
•     CHART: Business Services Outlook
•     ONLINE ORIGINAL: Q&A with Mitchell Fromstein of Manpower
•     Focus: Small Businesses
• Sports
•     TABLE: Prognosis 1998
•     CHART: Sports Outlook
•     ONLINE ORIGINAL: Q&A with Jerry McMorris of the Colorado Rockies
•     Focus: Winter Olympics

INDUSTRY OUTLOOK -- FINANCE
• Securities
•     TABLE: Prognosis 1998
•     CHART: Securities Outlook
•     Focus: Merrill Lynch
• Insurance
•     TABLE: Prognosis 1998
•     CHART: Insurance Outlook
•     ONLINE ORIGINAL: Q&A with Ramani Ayer of Hartford Financial
•     Focus: Reinsurance
• Banking
•     TABLE: Prognosis 1998
•     CHART: Banking Outlook
•     Trend: Technology
•     ONLINE ORIGINAL: Q&A with Austin Adams of First Union
• Real Estate
•     TABLE: Prognosis 1998
•     CHART: Real Estate Outlook
•     ONLINE ORIGINAL: Q&A with Michael Evans of E&Y Kenneth Leventhal
•     Trend: REITs

UP FRONT
• Talk Show
• Rates Up, Taxes Down, Gates Cowed
• Smartest Moves of 1997
• Dumbest Moves of 1997
• News Junkies, Take Your Best Shot
• Reno vs. Gates Is No Crowd-Pleaser
•     TABLE: Reader Survey Results

READERS REPORT
• States Take a Shot at Chop-Stock Firms
• 'I Have Never Been the Target of an Investigation'
• Pilotless Planes Are Taking Off
• Mac Users Don't Do Windows
• You Shouldn't Need a Degree to Get a Forum Prize

CORRECTIONS & CLARIFICATIONS
• ''She got out of Asia--but it didn't help much'' (Finance, Dec. 8)
• ''Christie's goes under the hammer'' (In Business This Week, Dec. 22)
• ''Saying 'enough' to big-league demands'' (Sports Business, Dec. 15)
• ''Got a Grand? You're Golden'' (Technology & You, Dec. 22)
• ''Where to invest'' (Cover Story, Dec. 29)

BOOKS
• Ground Beef, Sweat, and Tears

TECHNOLOGY & YOU
• Getting the Most from a Monitor

ECONOMIC VIEWPOINT
• What's the Weakest Link in the World Economy? Japan

ECONOMIC TRENDS
• What's Moving Today's Economy?
•     CHART: How Computers Have Boosted U.S. Growth
• Giving Dentists a Check-Up
• Risky Trading in Currencies
•     CHART: The Huge Size of Currency Trading

LETTER FROM LOUISVILLE
• Where Kings of the Road Hold Court
•     MAP: Kentucky

BUSINESS OUTLOOK
• U.S.: The Fizz Won't Fizzle Anytime Soon
•     CHART: Aircraft Lifts November Orders
•     CHART: Another Big Gain in Income
•     CHART: Imports Are Set to Outpace Exports
• Italy: Out of the Red and in the Pink
•     CHART: The Pace of Output Is Speeding Up

NEWS: ANALYSIS & COMMENTARY
• It's the Best of Times--or Is It?
•     CHART: Companies Kept Downsizing in 1997...Across Major Industries
• Have I Got a Tax Cut for You
•     TABLE: Some Ideas for 1998 Tax Cuts
• Commentary: Telecom: Congress Should Reform Its Reform
• Putting the Perot Back in Perot Systems
•     TABLE: Ross to the Rescue
• Deregulated Juice: So Far, It's All Buzz and No Zap
•     TABLE: Short-Circuiting Electricity Deregulation
• Commentary: Caught: A Job-Hunter. Penalty: House Arrest
• Beetlemania to the Rescue
•     CHART: Betting on the New Bug
•     For Boomers Ready to Chuck Their Trucks...
• Now for the Avian Flu's Side Effects

IN BUSINESS THIS WEEK
• Darth Vader: The Empire Strikes Gold (Again)
• An Allergy Drug Breathes Its Last
• The Prince Comes Calling on McCaw
• A Mall Giant Goes Shopping
• NEC Buys a Packet of Packard Bell
• A Hair-Raising Adventure
• Et Cetera . . .
• Copper Bottom
•     CHART: Copper 3-Month Futures Price

WASHINGTON OUTLOOK
• This Year, the Hill's Fiercest Fights May Be Family Feuds
• Product-Liability Deadlock
• Military Retreat?
• Spook Control

INSIDE WALL STREET
• Kudos for Three Laggards
• A Seductive Subprime Lender
•     CHART: Weighed Down by the Shorts
• Lone Star: Ready to Rise?
•     CHART: Ripe for a Buyout

BUSINESS WEEK INDEX
• Business Week Index
•     CHART: Production Index
•     HISTORICAL DATA: BW Index Back to 1992
• The Week Ahead

INVESTMENT FIGURES OF THE WEEK
• Investment Figures of the Week
•     CHART: Mutual Funds Returns
•     CHART: Stocks and Bonds

EDITORIALS
• Some Good News from South Korea
• Save That Surplus for a Rainy Day

INTERNATIONAL -- SPOTLIGHT ON KAZAKSTAN
• As Some Investors Get the Boot...Others Line Up at the Door (int'l edition)
•     MAP: Kazakstan

INTERNATIONAL -- READERS REPORT
• Cracking Down on Chop Stocks (int'l edition)
• Detroit Must Rev Up Its Own Hybrid Cars (int'l edition)
• Why Europe Needs Private Pensions (int'l edition)

INTERNATIONAL -- EUROPEAN BUSINESS
• Sacre Bleu! Belgian Comics Are Zooming to the Top (int'l edition)

INTERNATIONAL -- ASIAN BUSINESS
• Can Kim Get Koreans to Swallow This Medicine? (int'l edition)
•     TABLE: The Plan
• The Year of the Tiger Could Be a Killer (int'l edition)
•     CHART: Stocks Slide Again





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	(Clockwise from Top) Cover Photographs by Caroline Parsons, Douglas Levere, Philip Gould, Wyatt Mcspadden, Jamie Tanaka; Cover Design by Molly Leach.