COVER STORY
2002 Midyear Investment Guide: Picking Stocks With the indexes down, stock selection is the key to making money
INTERNATIONAL -- ASIAN COVER STORY
How the Crisis Changed Asia and How It Didn't The cronies who once exploited political connections to monopolize business contracts are fighting simply to survive
INTERNATIONAL -- EUROPEAN COVER STORY
Nokia's Next Act Can the Finnish giant stay on top in an age of commodity phones and stalling sales?
SPECIAL REPORT -- SCANDALS IN CORPORATE AMERICA
Why Corporate Crooks Are Tough to Nail
The Price of Victory over Andersen
Commentary: The Lingering Lessons of Andersen's Fall
The Tax Games Tyco Played
Commentary: The SEC Can't Guard the House Alone
Sorting Out the Martha Mess
Qwest "Can't Be All Things to Everybody"
Commentary: Investor Power Has Its Downside, Too
UP FRONT
Talk Show
Meet Ya in Podunk, Shareholder
Sprint's Sprightly Marketing Push
Campari and CD?
Bored to Death at Work--Literally
From Axman to Missionary
Want 3G? Move to the Sticks
READERS REPORT
Tax-Law Changes and the Ballooning U.S. Deficit
Can Korea Keep Its Cool Status?
Foreign Workers Deserve a Living Wage
HDTV Is Here Today (Sort of)
She's Loyal to Louis Rukeyser
CORRECTIONS & CLARIFICATIONS
"Restoring Trust in Corporate America" (Cover Story, June 24, 2002)
"Merrill: Is Stan the man?" (Finance, June 17, 2002)
"Covering your behind at Tyco" (Up Front, June 24, 2002)
LETTER FROM NEW YORK
How Green Should the Hudson Valley Be?
BOOKS
Beach Reads That Aren't Lightweights
TECHNOLOGY & YOU
IBM Just Clunked Up My Favorite Laptop
ECONOMIC VIEWPOINT
Happy Birthday, Milton Friedman
ECONOMIC TRENDS
This Recession Wasn't So Mild
Getting Rid of Corporate Debt
A New Look at Exchange Rates
BUSINESS OUTLOOK
U.S.: The Economy Is Stable--Even If the Market Isn't
Spain: Inflation and Labor Unrest May Spoil Recovery
IN BUSINESS THIS WEEK
Peter Dolan: Bitter Pills at Bristol
A Plan to Backstop Terror Insurance
Tackling Corporate Reform
Nestlé Wants to Scoop Up Dreyer's
PCs Aren't Selling, So Chips Are Down
No One Is Fighting over XO Communications Now
Et Cetera...
iMac Flak
WASHINGTON OUTLOOK
The Odd-Couple Coalition Complicating Bush's Mideast Policy
All Joe, All the Time
INTERNATIONAL BUSINESS
Does OPEC Have Sand in Its Eyes?
Commentary: Printing Yen Is Not the Answer
INTERNATIONAL OUTLOOK
Brazil: The Leftist Who's Spooking the Markets
Tough Fight in South Korea
MANAGEMENT
Q&A: Messier on the Record: Settling into the Hot Seat
THE CORPORATION
General Malaise at General Mills
ONLINE EXTRA: Q&A with General Mills's Chief Cook
SPORTS BUSINESS
Basketball: Red Star over Houston?
DEVELOPMENTS TO WATCH
A Key Clue That Might Put the Brakes on HIV
Smart Sniffers for Chemical Weapons
Faster Blood-Clotting via Volcanic Rock
Innovations
SCIENCE & TECHNOLOGY
A Genome Project against Disease
PEOPLE
Cloning: Huckster or Hero?
ECONOMICS
Commentary: Consumers Shopped. Will They Drop?
MEDIA
Small-Town Papers, Big-Time Profits
INFORMATION TECHNOLOGY
Why Juniper Must Branch Out
THE BARKER PORTFOLIO
A New Fund Rides the Big Mo'
INSIDE WALL STREET
Movado: Time-Tested
Will Gold Bugs Buzz Again Soon?
Toy Story: Too Cheap to Ignore
FIGURES OF THE WEEK
Figures of the Week (.pdf)
EDITORIALS
A Hollow Victory against Andersen
In Praise of Boring Stocks
INTERNATIONAL -- READERS REPORT
The Making of a Terrorist
Berlin: Gateway to Eastern Europe
Japanese Students: Academic Rigor First, Relaxation Second
The U.S. Farm Bill's Collateral Damage
INTERNATIONAL -- EUROPEAN BUSINESS
MobilCom's Schmid: Twilight of a Titan
Commentary: Suddenly, Reform Has a Fighting Chance in Europe
INTERNATIONAL -- FINANCE
Q&A: This Risk-Taker Is Ready to Roll the Dice
INTERNATIONAL -- INT'L FIGURES OF THE WEEK
International Figures of the Week (.pdf)
INTERNATIONAL -- EDITORIALS
What Southeast Asia Needs Now
Online Highlights
from this issue
Magazine Forums
Cover design by Daniel Pelavin
Asian Cover by Renee Lynn/Photo Researchers Inc.
European Cover by Henna Aaltonen
RECENT ISSUES
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Messier Speaks
The embattled CEO of Vivendi Universal talks with BW's Steve Shepard about the digital-media dilemma, the company's financial health, and rumors of his ouster
Arena Football
Former quarterback John Elway talks about bringing the indoor game to Denver. But this time he's on the sidelines, as team owner
Spirit Communications
Peter Cressy of the Distilled Spirits Council on the effort to get wine and hard alcohol ads on network TV
Biotech Bargains?
Sectoral Asset Management's Michael Sjostrom thinks some stocks in this beaten-down group look attractive now, including Gilead Sciences and InterMune
Time to Hit the Net?
Fund manager Ryan Jacob is still cautious, but he's optimistic for a rebound in some Web plays
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