COVER STORY Ballmer's Microsoft How CEO Steve Ballmer is remaking the company that Bill Gates built COVER IMAGE: Ballmer's Microsoft CHART: How Microsoft Has Fared Under Ballmer GRAPHIC: Ballmer's Lineup TABLE: Management by Ballmer TABLE: The CEO's Action Items Q&A: Bill, on Switching Jobs with Steve INTERNATIONAL -- EUROPEAN COVER STORY The Stars of Europe 50 leaders at the forefront of change UP FRONT Talk Show A Tourist Board's Best Pal: The Prez The Real Stakes at Belmont And the Next Color Will Be... Road Rage Rankings Just What Kind of Retiree Will You Be? A Meaty Message for the Japanese As the Downturn Turns READERS REPORT Setting a New Standard for Sensitive Reporting Will the Real Earnings Numbers Please Stand Up The Complexities of Complexity Theory CORRECTIONS & CLARIFICATIONS "Tech CEOs aren't buying the buzz on the street" (News: Analysis & Commentary, May 27, 2002) "When bad things happen to good value plays" (News: Analysis & Commentary, June 3, 2002) "Don't Light Up, Drink Up" (Up Front, May 27, 2002) BOOKS Where Global Markets Are Going Wrong Doyenne of Ads Sex Sells TECHNOLOGY & YOU Don't Be Fooled by the Name on the Box ECONOMIC VIEWPOINT When Everything Is Made in China ECONOMIC TRENDS Poverty: The News Brightens Employment's Altered State Whose Fuel Is in U.S. Cars? BUSINESS OUTLOOK U.S.: Investors Are Ignoring All the Good News Mexico: Say Adios to the Super Peso NEWS: ANALYSIS & COMMENTARY What Corporate Cleanup? Commentary: The SEC's Accounting Reforms Won't Answer Investors' Prayers COMMENTARY: Boardroom Changes That Could Rebuild Trust Can Tyco Survive the CEO's Math? Qwest: Trying to Stay Liquid in a Dry Season A Plague of Software on the Shelf Oracle: When Strong-Arm Tactics Backfire Commentary: Bono and O'Neill: Who's Right on Foreign Aid? IN BUSINESS THIS WEEK Barry Diller: See Barry Shop Remedial Cash for Edison Schools In Detroit, a Long, Slow Summer? Keeping an Eye on Fannie and Freddie FERC Brandishes the Big Stick A Philip Morris Appeal Stubbed Out Et Cetera... Zap! WASHINGTON OUTLOOK How Much Heat Can Ashcroft Take? Jim Jeffords, Superstar Kennedy's End Run Yes, We Have No Surplus INTERNATIONAL BUSINESS China: Motor Nation The Little Car Company That Can? Commentary: A Little Growth: Just What Japan Doesn't Need A Gleam of Hope for Russia Inc. INTERNATIONAL OUTLOOK Can Karzai Pull Afghanistan Together? After France's Election Canada's Leadership Fight SPORTS BUSINESS Commentary: World Cup: Sponsors Need to Get in the Game MANAGEMENT Commentary: When Directors Join CEOs at the Trough THE CORPORATION Johnson & Johnson: A Shopping Spree Waiting to Happen GOVERNMENT States: A Rebound Won't End Red Ink LEGAL AFFAIRS Commentary: It's State Attorneys General vs. Corporate America COMMENTARY: The Best Defense: A Former AG INFORMATION TECHNOLOGY HP and Compaq: It's Showtime TABLE: A Post-Merger Checklist FINANCE Merrill: Is Stan the Man? GM's Cash Guzzlers Why Fiat's Slide Is GM's Problem MBNA's Earnings Machine Has Engine Trouble DEVELOPMENTS TO WATCH Watch for Weasel Numbers in Medical Studies Better Resonance through Chemistry Taking Deadly Aim at Malaria Whoops! Wrong Patient BUSINESSWEEK INVESTOR House Prices: More Down-to-Earth? Snapping Up Second Homes Home Sweet Time-Share Should You Just Sell the Place Yourself? The Right Broker for the Job Q&A: Not Your Usual Real Estate Trusts (extended) THE BARKER PORTFOLIO A Cushion for Oil-Price Shock INSIDE WALL STREET A Natural for Heinz Trouble Looms for Checkpoint Systems Full Speed Ahead at Stelmar FIGURES OF THE WEEK Figures of the Week (.pdf) EDITORIALS Stop Stonewalling on Reform The Ironic Rise of State Attorneys General INTERNATIONAL -- READERS REPORT Indonesia: A Free Press Can Promote Democracy High Gas Taxes Don't Stop Britons from Driving A Better Weapon against Wildfires? Ship All That Caspian Oil through Ukraine INTERNATIONAL -- ASIAN BUSINESS Maybe Beijing Should Have Stayed Out of This One For Martha, Land of the Rising Glue Gun INTERNATIONAL -- EUROPEAN BUSINESS Broadband Bust A Smooth Takeoff for Swiss International INTERNATIONAL -- FINANCE Is This the Real Deal for Japan? Swiss Banks Feel a Sudden Chill Q&A: Escape from the Ivory Tower INTERNATIONAL -- SCIENCE & TECHNOLOGY Biotech Is Bubbling Up in Toronto INTERNATIONAL -- INT'L FIGURES OF THE WEEK International Figures of the Week (.pdf) INTERNATIONAL -- EDITORIALS Now Japan Must Stay the Course
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North American and Asian Cover Photograph by Brian Smale
European Cover 3D Imaging by Joe Calviello/BW
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