COVER STORY
The Future of California The Golden State is being battered on all sides. Silicon Valley is sliding. The electrical grid is a mess. Are California's woes a sign of things to come for the rest of the country?
COVER IMAGE: The Future of California
CHART: California Has Fueled U.S. Growth...But Tech Is Softening...
CHART: ...Asia's Tigers Are Slowing...Inflation Is Running High...
CHART: ...While Schools Are Neglected
A Shadow Falls across the Valley
CHART: Venture Capitalists Still Like California
UP FRONT
Newsflash
Logos Worth a Thousand Words
Another Tricky Landing in China
A Bud in Fancy Dress
Go Ahead: Read My Card
Smokin' Ad Attack
Hey--Who Stole My License Plates?
Pow! Bam! Zap! Meet Nissan's Superhero
Footnotes
READERS REPORT
Foot-Dragging at Exxon Mobil
Damn Conservation, Tap the Reserves
Bypassed at the Lack-of-Energy Dept.
How Valuable Is the SAT?
On the Front Lines of Financial Privacy
How Important Is the Digital Divide?
What Congress Should Do about Death and Taxes
Wall Street's Hype Machine a Year Later
CORRECTIONS & CLARIFICATIONS
"Virtual prospecting" (Bonus Issue, Spring, 2001)
"Exxon unleashed" (Cover Story, Apr. 9, 2001)
BOOKS
A Nation Shaped in the Image of Big Business
The BusinessWeek Best-Seller List
TECHNOLOGY & YOU
While We Await the Dream Gadgets...
ECONOMIC VIEWPOINT
Why the New Economy Is Here to Stay
ECONOMIC TRENDS
Productivity: Trading Places
Breathing Easy in California
Skilled Jobs Get Filled Faster
INDUSTRY INSIDER
Q&A: Junk-Patent Perps, Beware of BountyQuest
BUSINESS OUTLOOK
U.S.: That Makes Four for the Fed. Don't Count Out a Fifth
Chile: Fighting the Slowdown in Santiago
NEWS: ANALYSIS & COMMENTARY
Commentary: The Fed's April Surprise
The Tech Slump: Two More Years?
For Tech Stars, a Cut Is No Cure-All
COMMENTARY: Sorry, Cisco. The Old Answers Won't Work
Intel Inside the War Room
Commentary: Farewell, Mr. Moore--and Thanks
Too Much Conservatism, Too Little Compassion?
When Harvard Met Stanford
IN BUSINESS THIS WEEK
Terry Semel: Can He Make Yahoo! a Star Again?
AT&T Will Conduct Concert Alone
Refi Madness at Fannie Mae
Webvan's Driver Checks Out
Splitsville for the Amex and Nasdaq?
Power Traders Are All Charged Up
Et Cetera...
Tyco K.O.
WASHINGTON OUTLOOK
As the School-Reform Debate Heats Up, Where's Business?
Just Say No Olympics
Gonzales: Supremely Coy
Tech Lobby Pinched
INTERNATIONAL BUSINESS
Will a New Leader Help Japan?
Betting Big on Chips
Commentary: The Mideast: Why Bush Must Keep Up the Pressure
INTERNATIONAL OUTLOOK
China's Youth Are Up in Arms against Uncle Sam
Final Breakup of Yugoslavia?
PEOPLE
Meet the New Face of Firestone
RESUME: John T. Lampe
LEGAL AFFAIRS
Trustbusting's Top European Cop
ONLINE EXTRA: Q&A with Mario Monti
INFORMATION TECHNOLOGY
Tech's Cheerleader Won't Say Die
ONLINE EXTRA: Resume: Mary G. Meeker
ONLINE EXTRA: Q&A with Mary Meeker: "We Had One Heck of a Feast"
Q&A: Amazon's Bezos: "The Company Is Not the Stock"
SCIENCE & TECHNOLOGY
What's a Fair Price for Drugs?
DEVELOPMENTS TO WATCH
Guess What's the New Buzz in Hearing Aids
Fuel on the Cob
A Greener Way to Pack That Burger
Innovations
FINANCE
Trouble on the Home Front
Commentary: A Rude Awakening for Go-Go Lenders
What Else Can Go Wrong at Nasdaq? Well...
For VCs, a World Turned Upside Down
INDUSTRIAL MANAGEMENT
Denmark Inherits the Wind
BUSINESSWEEK INVESTOR
There's Still Time to Snap Up Great Photos
A Bear-Proof Way to Ride the Market
Panning for Gold in "Busted Converts"
Wanted: More Diverse Directors
THE BARKER PORTFOLIO
Fine Food, but Not-So-Tasty IPOs
INSIDE WALL STREET
On Top of Its Games
A Shot in the Arm for Cardinal?
Apache Is Ready for a Gusher
FIGURES OF THE WEEK
Figures of the Week (.pdf)
EDITORIALS
Taming the Tech Trouble
California's Dreams Are Slipping Away
INTERNATIONAL -- LETTER FROM FRANCE
For Britons, a Drinker's Paradise
INTERNATIONAL -- SPOTLIGHT ON EGYPT
A Crackdown on Madcap Drivers...Won't Help If Police Don't Join In
INTERNATIONAL -- READERS REPORT
A World of Innovations
Bedside Manner Used to Do the Job
Piracy: Global Problem, Global Solution
INTERNATIONAL -- ASIAN BUSINESS
Betting Big on Chips
This Glassmaker Sees a Window of Opportunity
Feeling the Shock Wave from America's Tech Crash
INTERNATIONAL -- EUROPEAN BUSINESS
Cell-Phone Shakeout
The Easter Raider
Commentary: The EU: Some May Be More Equal Than Others
INTERNATIONAL -- LATIN AMERICA
Is Cavallo Crazy Like a Fox?
Need a Loan? Here's Where to Find One
INTERNATIONAL -- FINANCE
Offshore Funds: The First Shall Later Be Last
"At Home in the Casino"
INTERNATIONAL -- INT'L FIGURES OF THE WEEK
International Figures of the Week (.pdf)
ARTICLES PREVIOUSLY PUBLISHED IN INTERNATIONAL EDITIONS
April 23, 2001
Continental: From Tires to High-Tech Titan?
Online Highlights from page 10 of this issue
Magazine Forums
Cover Design by Jay Petrow; Lettering by Roger Kenny/BW; Digital Assembly by Joe Calviello/BW
For articles in the April 30, 2001 domestic edition previously published in international editions
SPECIAL REPORTS
Best Global Brands
These 100 brands are among the world's most recognized—and most valuable
Best Places to Launch a Career
We canvassed career-services directors, employers, and students to rank the best companies for recent graduates
BusinessWeek 50
Our picks of the top-performing companies from the S&P 500. Plus, regional rankings for Asia and Europe:
Asia's BusinessWeek 50
Europe's BusinessWeek 50
Customer Service Champs
Companies that excel at pleasing customers, based on J.D. Power & Associates customer satisfaction data and our own reader survey
Hot Growth 100
From young, upstart companies to those that have been around for centuries: Plus, regional rankings of top-performing small businesses in Asia and Europe:
Asia's Hot Growth 100
Europe's Hot Growth 100
Info Tech 100
Emerging-market cellular players, wireless phone and gear makers, and Web giants are this year's stars
World's Most Innovative Companies
Nurturing, creative cultures allow these companies to wow customers with innovative products and services
More Special Reports