Corrections & Clarifications

• "A Big Payday for Citigroup's Pandit" (Markets & Finance, July 11-17, 2011)

• "She's With the Government, and She's Here to Help" (Cover Story, July 11-17, 2011)

News - Global Economics

• Preparing for the (Possible) China Crash

  While a big slowdown would hurt Chinese the most, collateral damage would still be huge

• Stalking the Cause of Unemployment

  The Fed’s researchers favor a cyclical cause as the explanation, but they may be underestimating structural forces

• Trimming the Fat from Europe’s Welfare States

  Government belt-tightening is putting the squeeze on benefits across the Continent

• Qatar May Win Big If Libyan Rebels Prevail

  The Gulf state is vigorously backing the rebels against Qaddafi, betting that it will burnish its image in the Middle East

• Tom Keene Talks to William Dunkelberg

  The chief economist for the National Federation of Independent Business talks about small business and the economy

• Europe’s Debt Plague Spreads to Italy

  With the European Union dithering on Greece and Berlusconi's grip on power slipping, the markets are beginning to worry about Italy's €1.8 trillion debt

• Seven Days

  Events of note in the week ahead

News - Companies & Industries

• America’s Teflon Corporate Boards

  Most directors at public companies who fail to receive 50 percent of shareholder votes keep their jobs

• Oxford Gets a Crash Course in Fundraising

  The 1,000-year-old university leverages a global alumni base for donations

• Big Pharma Launches a Talent Raid in China

  Foreign drug companies lure underpaid Chinese doctors with raises

• Attention, Air France Passengers: Take Out the Trash

  Eager to launch a low-cost service, the French airline hits union turbulence

• Briefs

  Netflix debuts new prices; Cisco aims to cut up to 10,000 more jobs; Dunkin' Brands is going public; and more

News - Politics & Policy

• Chevron Looks to Its Home Court for a Comeback Win

  After getting hit with an $18.2 billion judgment in Ecuador, the oil giant goes after the plaintiffs—and the Ecuadorean court system—in a U.S. court

• The Sorry History of Debt Ceiling Negotiation

  Over the past seven months, both sides in Washington have offered an object lesson in how not to reach a deal

• For Hispanics, Numbers Are the Key to Power

  The fastest-growing group in the U.S. lags in political representation—but not for long

• In Arizona, a Battle Over Medical Marijuana

  A lawsuit tests whether legal pot violates federal antidrug statutes

• Charlie Rose Talks to Lawrence Summers

  The former White House economic adviser, back at Harvard, talks about boosting demand and the political morass in Washington

News - Technology

• For Wireless Giants AT&T and Verizon, Reception May Get Spotty

  The two dominate their industry, but face new threats from apps and software titans such as Microsoft and Google

• A French School for Entrepreneurs

  Telecom billionaire Xavier Niel has joined with two other French Internet moguls to create a three-year professional program to build up the…

• Citrix Makes a Run at the Cloud

  The networking powerhouse aims to capture a fast-growing sector

• Korea’s Smartphone Game Market Opens Up

  A rule change makes it easier for Apple and Google to sell games

• Kambiz Salari and the Aerodynamics of Trucks

  The Livermore researcher, an expert in modeling air flows with supercomputers, says streamlining trucks could save the shipping industry $24 billion a year

News - Markets & Finance

• Has the Madoff Trustee Gone Too Far?

  Picard’s targets contend he oversteps his authority with charges of fraud and racketeering

• Barclays Takes the Lead in IPOs

  Ros Stephenson’s cultivation of private equity firms pays off

• Americans Lose Faith in Stock Pickers

  Money continues to pour out of mutual funds that buy U.S. stocks

• Money Managers Seek to Profit from Europe’s Woes

  They’re buying downgraded bonds and betting on a slowdown

• Bid & Ask: The Deals of the Week

  A deal to buy Kinetic Concepts is the biggest leveraged buyout since Lehman collapsed; Nestlé spends $1.7 billion on a Chinese candy maker; and more