ISSUE DATE: JANUARY 22, 2001
BW Magazine
Includes all domestic and international editions of Business Week. All stories and related tables, charts, photos, and sidebars are available each Thursday ONLY to paid Business Week subscribers (click here to subscribe). SELECTED stories (preceded by a •) are available free on the Monday after the issue is published online.


COVER STORY

Chapter 2 at Pearson
It took a bold Texan to finally shake up Britain's Pearson. But can CEO Marjorie Scardino transform it into a global colossus?
      COVER IMAGE: Pearson's Big Bet
      TABLE: Pearson's Growing Empire
      TABLE: Scardino the Dealmaker
      RESUME: Marjorie Scardino
         PHOTO: Marjorie Scardino
      The Financial Times Takes On the World
     Online Extra: Scardino: "It Is Not Enough to Be a Content Company"
 

INTERNATIONAL -- ASIAN COVER STORY

The Last True Believer (int'l edition)
Unfazed by the tech slump, Softbank's Masayoshi Son is thinking bigger
 

BUSINESS WEEK E.BIZ

Business Week e.biz
In this edition: Richard Branson's Virgin takes e-wing; Special Report: Do e-ads have a future? Dot-coms that are gone but not forgotten. And more
   

UP FRONT

  Talk Show
  The Day the Music Died
  Friendly Skies Indeed
  Why Detroit's Loss Is Japan's Gain
  TABLE: To Be Rich, Gifted, and Black
  Insurance Imitates Art
  Overloaded with the Overweight
  Golf Balls: The Core Debate
      PHOTO: Wilson Wound Golf Balls
  CHART: Spending Power of African Americans: Up, Up, Up
  Footnotes
 

READERS REPORT

The Stealing of the Presidency
This Court's Activism Is Just More of the Same
Maybe Greenspan Doesn't See All and Know All
Invest--but Don't Throw Away the Taxpayers' Money
An E-Lancer's Ode to a Steady Paycheck
Keep Global Warmniks Away from National Energy Policy
Axing the Oldsmobile: A Baffling Move
Why the Net Is No Death Knell for Car Dealers
 

CORRECTIONS & CLARIFICATIONS

Investment Outlook Scoreboard (Cover Story, Dec. 25, 2000/Jan. 1, 2001)
 

BOOKS

Genomics: From Birth to Big Business
      PHOTO: Cover, ''Cracking the Genome''
 

TECHNOLOGY & YOU

At Last, the Laptop Mold Is Broken
      PHOTO: IBM TransNote
      TABLE: TransNote Highlights
 

ECONOMIC VIEWPOINT

Sticks and Stones May Break My Bones...
 

ECONOMIC TRENDS

Slowdown: Not If, but How Long
      CHART: The 1990s: A Buying Binge for the Record Books
What the Payroll Data May Hide
      CHART: Illusory Job Gains?
Who Gains Most by Job-Hopping?
 

INDUSTRY INSIDER

  A Printer Makes Peace with the Digital Age
      CHART: R.R. Donnelley & Sons
 

BUSINESS OUTLOOK

U.S.: The Doomsayers Might Be Jumping the Gun
      CHART: Manufacturing Is Skewing the Job Data
      CHART: Inventories Start to Pile Up
      CHART: Jobless Claims Signal a Looser Labor Market
Canada: A Chill Wind from the South
      CHART: Job Growth Remains Strong
 

NEWS: ANALYSIS & COMMENTARY

The Ever-Shrinking Skies
      TABLE: Airline Consolidation: Will It Help or Hurt?
      VIDEO: Interview with American Airlines CEO Donald J. Carty
      Why Carl Icahn Wants to Spoil American's Deal
  Trying to Break the Energy Choke Hold
      TABLE: Sticker Shock
  Commentary: California: It Didn't Have to Be This Way
  Not So Fast with That Tax Cut, Pardner
      TABLE: Bush's ''Recession Insurance'' Tax Cut
Commentary: Why a Second-Half Slump Could Still Kick In
  Commentary: Software Makers Hit the Endangered List
      TABLE: Which Companies Are Likely to Do Well?
A Break in the Weather for Microsoft? Not for Long
      CHART: Growing Pains
 

IN BUSINESS THIS WEEK

  Douglas Conant: In the Soup
  FedEx Finds an Overnight Partner
  Investors Can't Help Loving Amazon
  Priceline and Expedia Bury the Ax
  Rubbermaid's CEO Search Is Over
  Nasdaq vs. NYSE: The SEC Weighs In
  Et Cetera...
  Xerox Repair
      CHART: Xerox Stock Price
 

WASHINGTON OUTLOOK

  Let's All Work Together--Once We've Nuked Bush's Cabinet
  Running Out of Energy
  Revisiting Reimports
  Consolation Prize?
 

INTERNATIONAL BUSINESS

Will a Weaker Yen Strengthen Japan?
      CHART: A Tale of Two Currencies
Commentary: It's Time to Cut NTT Down to Size
      TABLE: The Last Keiretsu
Seoul: So Long, Corporate Reform
      TABLE: A Growing List of Rescues
Commentary: Germany Should Hang On to an Old Hell-Raiser
 

INTERNATIONAL OUTLOOK

  Star Wars II: Less Ambitious, So More Likely?
  Not-So-Stubborn Swedes?
  Look Who Backs a Tube Strike
 

THE CORPORATION

  John Dillon's High-Risk Paper Chase
      TABLE: Buying Tear
      CHART: IP's Sales Soar on Acquisitions...But Its Profits Can't Keep Pace
      ONLINE EXTRA: Smurfit-Stone's Ray Curran: "We Would Like Stability"
 

DEVELOPMENTS TO WATCH

  A Designer Protein That Wards Off the AIDS Virus
  When You Have to Get to Mars in a Hurry...
  A Water-Treatment Plant for Every Office Building?
  Monitoring the Spread of Fire Ants
 

SCIENCE & TECHNOLOGY

Is Nokia's Star Dimming?
      TABLE: Nokia's New Firmament
      CHART: Nokia Isn't the Biggest...But It's Growing Fast...And Profits Are Strong
      Motorola Can't Seem to Get out of Its Own Way
         CHART: Back to Square One
 

FINANCE

Where the Rate Cut Is Really Working Its Magic
      CHART: Credit Spreads: Sky-High but Edging Down
      TABLE: Leaders in the Junk Pack
  I'll Take a CD with That Life Policy, Please
      TABLE: Elbowing into Banking
Commentary: Why E-Brokers Are Broker and Broker
 

INDUSTRIAL MANAGEMENT

  How Long Will Motown Be Motown?
      TABLE: Driving Away from Home
  A Sea Change in the Search for Water
      TABLE: Tapping the Ocean
  Will Light Bulbs Go the Way of the Victrola?
      TABLE: Early Adopters
 

MEDIA

  How Many Magazines Did We Buy Today?
      TABLE: Shaking It Up at G+J
 

BUSINESSWEEK INVESTOR

A Better Way to Size Up Your Nest Egg
      TABLE: Will You Have Enough?
      TABLE: Monte Carlo Resources
The Ins and Outs of Cash Flow
      TABLE: A Map of the Cash-Flow Statement
      TABLE: The Heart of the Statement
      TABLE: Does a Company Rely on Outsiders?
Househusbands Unite!
 

BW INVESTOR -- THE BARKER PORTFOLIO

Not All Junk Stocks Are Garbage
      TABLE: New Player
 

BW INVESTOR -- INSIDE WALL STREET

Should You Inhale?
      CHART: In the Biotech Doldrums
Inprise Looks Set to Click Again
      CHART: Better Prospects with a New Chief
Bidding for Gehl May Heat Up Again
      CHART: Scrambling Out of a Trough
 

FIGURES OF THE WEEK

Figures of the Week (.pdf)
      The Week Ahead
      Production Index Components
 

EDITORIALS

  Nasdaq Crashed. The New Economy Didn't
  The Repairing of America
 

INTERNATIONAL -- SPOTLIGHT ON FINLAND

North Karelia Is Stuck in a Freeze...But Wartime Frost Is Thawing (int'l edition)
      MAP: Finland
 

INTERNATIONAL -- INDUSTRIAL MONITOR

  Spinning Precious Metal out of Hot, Thin Air (int'l edition)
      MAP: Kuril Islands
  Power Cables That Squeeze More Juice into Less Space (int'l edition)
  Might As Well Call All His Movies Blow-Up (int'l edition)
  Innovations (int'l edition)
 

INTERNATIONAL -- READERS REPORT

Has Amazon Lost Its Place? (int'l edition)
A Latin Free-Trade Pact Would Harm Asia (int'l edition)
Beating the Drum for the Dollar in Ecuador (int'l edition)
 

INTERNATIONAL -- ASIAN BUSINESS

Thailand's Man of the Businesspeople (int'l edition)
      TABLE: The Thaksin Empire
 

INTERNATIONAL -- EUROPEAN BUSINESS

It's Time to Jam at BMG (int'l edition)
      TABLE: Bertelsmann's New Music Man
 

INTERNATIONAL -- INT'L FIGURES OF THE WEEK

International Figures of the Week (.pdf) (int'l edition)
 

ARTICLES PREVIOUSLY PUBLISHED IN INTERNATIONAL EDITIONS

January 15, 2001
  Can Fox Make Mexico a Nation of Homeowners?


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Cover photo by Graham Trott.


ASIAN cover by William Mercer McLeod.

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For articles in the January 22 domestic edition previously published in international editions


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