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Asian Cover


Cover Photograph by Graham Troll; Photo Illustration by David Rudes/BW. ASIAN COVER Illustration by Josh Gosfield.


Aug. 10, 1998




This Table of Contents represents all editions of Business Week with the above date, including International editions.

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COVER STORY
 Nokia
    COVER IMAGE: Nokia
    PHOTO: Nokia 5110 Series Mobile Phone
    PHOTO: Nokia 6110 Series Mobile Phone
    TABLE: From Paper Mills to Cyberspace
    PHOTO: Nokia Paper Mill, circa 1890
    TABLE: ''Removing People from Their Comfort Areas''
    CHART: Nokia Is Battling Two Goliaths...But Its Laser Focus on Cell Phones...
    CHART: ...Has Earned It a Big Bang from the Phone Boom...And Investors Appreciate the Difference
    'The Best Wireless Phone on the Market'
    ONLINE ORIGINAL: Q&A with Nokia's Ollila
    Commentary: Motorola: Slow and Steady Isn't Winning Any Races
       TABLE: Galvin's Fix-It Plan for Motorola
    ONLINE ORIGINAL: Q&A with Motorola's Galvin
    ONLINE ORIGINAL: Playing the Cellular Boom: Nokia vs. Ericsson
 
INTERNATIONAL -- ASIAN COVER STORY
 China's Army under Fire (int'l edition)
    ASIAN COVER IMAGE: China's Army under Fire
    TABLE: How Jiang Plans to Change the Military
    TABLE: The PLA's Business Dealings
 
UP FRONT
 Talk Show
 Bean Fight on Capitol Hill
 Why Perot May Go with an IPO
 Powerful Yen for Horses
 Rank Has Its Privileges
    TABLE: Popular Perks
 More Cracks in the Glass Ceiling
 Nbc's New Comic Is No Leno
 Call It Jock Couture
 CHART: For Gen X, ''M&A'' Is A-Ok
 Footnotes
 
READERS REPORT
 Why Plane Tickets Cost So Much
 Never Too Young to Worry About Retirement
 Daimler Has Lessons to Learn, Too
 Serious Paring at Japan Airlines
 Does a Strong Dollar Lead to an Equity Bubble?
 High Interest Rates Hobble Brazil's Workers
 
CORRECTIONS & CLARIFICATIONS
 ''Can record labels get back their rhythm?'' (Entertainment, July 27)
 ''What to do before disaster strikes'' (Personal Business, July 13)
 
TECHNOLOGY & YOU
 Dumb Appliances Smarten Up a Bit
 Go Wireless...
 ...Or Get Help
 
BOOKS
 We Have Your CEO. Hand over $50 Million
    PHOTO: Cover, ''Ransom''
 
ECONOMIC VIEWPOINT
 Tax Cuts? Let's Not Give Away the Store
 
ECONOMIC TRENDS
 A Rate Hike Is Way Down the Pike
 What Sparked Asia's Miracle
    CHART: Asia's Worker Boom Is Ending
 A Penny Earned Is a Penny Saved
 Are HMO Users Shortchanged?
    CHART: Fee-For-Service Surgeons Are More Practiced
 
BUSINESS OUTLOOK
 U.S.: Capital Spending: The Caution Flags Are Out
    CHART: More Construction Is on the Way
    CHART: Capital-Goods Orders: No Downtrend Yet
    CHART: A Widening Gap: Cash Flow vs. Outlays
 Britain: New Worries for an Old Economy
    CHART: Growth Is Slowing. Will It Be Enough?
 
NEWS: ANALYSIS & COMMENTARY
 GM: What Price Peace?
    TABLE: How the Sides Came Together
 Big Mergers, Bad Service
    TABLE: Telecom's Big Mergers--and Bad Service
 Shotgun Weddings in the Oil Patch?
 Can Henry Silverman Restart Cendant?
    TABLE: And for His Next Act...
 Commentary: Computer Associates: How Executive Greed Cost Shareholders $675 Million
 A Baby Mac Attack
    PHOTO: Apple's iMac Computer
    TABLE: Swinging for the Fences
 Will Murdoch Land a Starring Role at Primestar?
    TABLE: Murdoch's Dream Deals
 Commentary: Human Clones: It's Decision Time
 
IN BUSINESS THIS WEEK
 William Baumhauer: Man with the Golden Burger?
 Michael Price Makes His Move
 Credit Unions 1, Banks 0
 Warning: Dangerous E-Mail
 Downshifting at Trw
 Patent Plethora Pending
 Et Cetera...
 Sinking at Royal Caribbean
    CHART: Royal Caribbean Cruises Stock Price
 
WASHINGTON OUTLOOK
 Mr. Starr's Endgame Has Everyone Running Scared
 'No-Holds'-Barred Fight
 Hopeful Sign in Tokyo?
 Sliding Support for Sanctions
 
INTERNATIONAL BUSINESS
 China's Army under Fire
    TABLE: How Jiang Plans to Change the Military
    TABLE: The PLA's Business Dealings
 Commentary: Japan: Obuchi Just May Surprise Everyone (int'l edition)
 Nakasone: 'Japan Can Make a Comeback'
 Brothers Grim: The Scandal in Brunei
 Commentary: Brazil Shouldn't Squander This Telecom Windfall
 
INTERNATIONAL OUTLOOK
 Why India's Ruling Party Is Flirting with Disaster
 Blair's Power Play
 A Telling Vote in North Korea
 
THE CORPORATION
 Half a Loaf at Blimpie
    TABLE: Two Rivals, One Name
 
THE WORKPLACE
 Divided at United
    TABLE: United's ESOP Dilemma
 
FINANCE
 The 21st Century Stock Market
    CHART: Assets in Online Accounts Are Booming...And Exchange Seat Prices Are Plunging
    TABLE: The Cybermarket Era
 Money Laundering on Wall Street?
 
INSIDE WALL STREET
 More Callers Dial Qwest's Number
 Is Safeway Wooing Kroger?
    CHART: Paying More at the Checkout
 All Buttoned Up at Burlington
    CHART: Getting Warmer Fast
 
BOOK EXCERPT
 Space Jam (Extended)
    PHOTO: Cover, ''Mars''
    PHOTO: The Pathfinder Spacecraft at Jet Propulsion Lab
    PHOTO: View of Mars
    PHOTO: Pathfinder's Rover on Mars
 
DEVELOPMENTS TO WATCH
 Unsnarling Traffic Jams at U.S. Airports
 A Shot a Day Keeps Thrombosis Away?
 A Truer Test for Breast Cancer
 Innovations
 Developments to Watch Contacts
 
SPORTS BUSINESS
 The High Cost of Playing with a Golf Legend
 
PERSONAL BUSINESS
 A Look at the Wily Survivors in Asia
    TABLE: Weathering the Storm
 A Pedigreed Fund Goes Retail
    TABLE: Bernie Horn's Global Value Picks
 A Dream House Far from Home
    TABLE: Where to Find a Vacation Rental
    PHOTO: House Rental in Rufina, Italy
    PHOTO: House Rental in La Beconne, France
 Making the Skies Kid-Friendly
    TABLE: Pampering Pint-Size Passengers
 
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
 Fine-Tuning Tomorrow's Market
 A New Role for China's Army
 More Lawsuits Won't Cure Hmos
 
INTERNATIONAL -- EDITOR'S MEMO
 On Top of Europe's High-Tech Wave (int'l edition)
 
INTERNATIONAL -- SPOTLIGHT ON SOUTH AFRICA
 As Violence Rages on All Sides...Police Can Point to a Few Victories (int'l edition)
    MAP: South Africa
 
INTERNATIONAL -- READERS REPORT
 Legalizing Drugs: The Lesser of Two Evils (int'l edition)
 Who's Who in Malaysian Dam-Busting Circles (int'l edition)
 What Was Really Said About Thabo Mbeki (int'l edition)
 China Is Paying More Heed to Social Consequences (int'l edition)
 
INTERNATIONAL -- EUROPEAN BUSINESS
 Europe's Startup Fever (int'l edition)
    TABLE: Europe's Hottest Little Stocks
 Better Start Hoarding Those Duty-Free Goodies
    TABLE: The Cost of Closing Europe's Duty-Free Stores
 Commentary: France Fudges on Aerospatiale (int'l edition)
 
INTERNATIONAL -- ASIAN BUSINESS
 Taiwan: Even This Chip Champ Can't Duck the Asian Flu (int'l edition)
 
INTERNATIONAL -- FINANCE
 Merrill's Global Money Magnets (int'l edition)
    TABLE: Big Plans for International Fund Management
    TABLE: Where Mercury Manages Money
 
INTERNATIONAL -- EDITORIALS
 A Flimsy Case against Duty-Free (int'l edition)



 
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