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  • china-harvard-c002-miller

    How to Raise a Global Kid

    Taking Tiger Mom tactics to radical new heights, these parents are packing up the family for a total Far East Immersion.
  • murdoch-Rebekah-Brooks-fe020-grove-wide.jpg

    Rupert’s Red Menace

    The rise and fall of Rebekah Brooks, the woman at the heart of the scandal that has rocked a media empire.
  • david-cameron-co07side

    World Web

    Who's Who in the News of the World Scandal
  • twitter-quiiters-nb03-lyons-wide

    Twitter Quitters

    Twitter is secretly fundraising for a huge valuation. So where have all its founders gone?
  • bank-for-international-settlements-samuelson

    Global Economic Paralysis?

    The Bank for International Settlements has just published its annual report, and it is a dour document.
  • wapo-unemployment

    The Great Jobs Mismatch

    One puzzle of this somber economy is the existence of unfilled jobs in the midst of mass unemployment.
  • air-travel-dickey-ov11

    Imagination in Flight

    Trailblazing design teams are taking passenger comfort to a whole different plane.
  • us-economy-samuelson-hsmall

    Hunkered-down America

    It’s a cliche—but true—that an obstacle to a stronger economic recovery is the lack of confidence in a strong recovery.
  • chrysler-sergio-marchionne-CO03-hsmall

    The Chrysler Miracle

    Revived from bankruptcy, the automaker is repaying its bailout debt. How an Italian saved a Detroit icon.
  • lyons-facebook-pr-hacks_180236

    The Facebook Bubble

    The social-networking juggernaut may be more vulnerable than it appears at first glance.
  • james-dyson-myo10hsmall

    My Favorite Mistake: James Dyson

    After five years of testing, tweaking, fist banging, cursing, and more than 5,000 mistakes—or prototypes, as engineers call them—it was there. Or nearly there.
  • shopping-consumer-confidence

    Stuck in a Post-Crisis Gloom

    It may be time to move beyond pessimism. Ever since the financial crisis, Americans have wallowed in fear and anxiety. Understandably. Although a recovery — as defined by academic economists — started about two years ago, it hasn’t felt like one.
  • Samuelson: The Elderly are Better Off Than Advertised

    When House Speaker John Boehner calls for trillions of dollars of spending cuts, the message is clear. Any deal to raise the federal debt ceiling must include significant savings in Social Security and Medicare benefits. Subsidizing the elderly is the biggest piece of federal spending (more than two-fifths of the total), but trimming benefits for well-off seniors isn’t just budget arithmetic. It’s also the right thing to do.
  • housing-silver-lining

    A Silver Lining in the Housing Bust

    Almost everyone considers the housing collapse a disaster, and it is. Since 2007, roughly 8 million homes have gone into foreclosure. If you’re a homeowner, the steep fall in prices is calamitous. But if you’re a future buyer, it’s a godsend. What we’re seeing is a massive wealth transfer from today’s older homeowners to tomorrow’s younger homeowners.
  • fed-ferguson-co02-wide

    Sticker Shock

    The Fed may deny it, but Americans know that prices are rising. Inflation is back.
  • Obama Abdicates on the Budget

    If you’ve wondered why it’s so hard to subdue budget deficits, you should consult a new study from the Congressional Budget Office called “Reducing the Deficit: Spending and Revenue Options” (free at www.cbo.gov). You’ll learn from its 240 pages that the deficits definitely can be curbed. The CBO presents 105 policies (it doesn’t endorse them) that would shrink deficits by trillions of dollars over the next decade. You’ll also learn — surprise! — that most choices are political poison....
  • musk-nb02-vl

    Interview: Elon Musk

    The electric-car pioneer and space prophet talks about his Hollywood reputation and why so many billionaires have intergalactic fantasies.
  • buffet-FE03-hsmall

    Warren Buffett's Management Bungle

    America has a way of elevating its heroes beyond the realm of mere mortals. This has not been an issue on Wall Street, where heroes do not exist. Warren Buffett has been the glaring exception.
  • cooper-co03-wide

    Copper Is King

    Gold prices are up, but another metal connects the world—and reveals our economic future.
  • tease-sidney-harman-obit

    Sidney Harman: An Extraordinary Life

    Philanthropist, triumphant entrepreneur, government servant and steward of journalism, Sidney Harman, executive chairman of The Newsweek Daily Beast Co., died last night. Jonathan Alter on the remarkable 92 years of a true polymath who built one of America's great companies. Plus, the Harman family statement.
  • dick-fuld-NB04-INLINE

    Pyramid of Profiteers

    What was David Sokol thinking? The Berkshire Hathaway golden boy shocked the business world last month after he came under scrutiny for possible insider trading. He's hardly alone.
  • samuelson-co55-wide

    The Real GE Scandal

    It’s not that the company won’t pay any 2010 U.S. income taxes. It’s that we don’t know how to tax global business.
  • data-beast-tech-lawsuits-NB60-main.jpg

    Phone Fight!

    The world’s smart-phone giants are suing each other like mad, charging their competitors with stealing their patents. A hands-free guide to who’s in the dock.
  • tarp-taxpayers

    Give TARP a Break

    Almost everyone loves to hate TARP. It’s a favorite political sport of liberals, conservatives, Republicans, Democrats—and the public. A Bloomberg poll last October asked how TARP had affected the economy. Forty-three percent of respondents said it weakened the economy; 21 percent said it made no difference; only 24 percent said it helped, with 12 percent unsure one way or another. Commentators in newspapers from The Wall Street Journal to The New York Times disparage TARP. ...
  • fat-story-wallst-nb40-hsmall

    Wall Street in the Dock

    Rajat Gupta stands to lose powerful friends and worldly influence. Few climbed higher than Gupta, the former managing director of consulting powerhouse McKinsey & Co.
  • starbucks-fe03-wide

    How Starbucks Got Its Mojo Back

    After years of remarkable growth, the iconic coffee chain started to look bad. Even smell bad. In an excerpt from his new book, CEO Howard Schultz tells how he reinvented the company from the coffee bean up.
  • starbucks-fe03chart-hsmall

    The Saga of the Stinky Cheese

    For me, the most symbolic representation of how Starbucks in 2007 was losing its magic was the warm breakfast sandwich. I’d resisted the idea of serving sandwiches in our stores from the start, though I understood why they made financial sense. Our warm sandwiches gained a loyal following and drove up sales and profits. The more popular they became, the more our baristas had to heat them in warming ovens. And when they did, the sandwiches would inevitably drip and sizzle in the ovens, releasing a pungent smell. The rich, hearty coffee aroma in the stores was overwhelmed by singed Monterey Jack, mozzarella, and, most offensively, cheddar. Where was the magic in burnt cheese?
  • angrybirds-gamechangers-wide

    Angry Birds: One Sweet Perch

    Angry Birds is the first mobile game to have real mainstream success. So what’s next for the game that pits fowl against swine?
  • Is Organized Labor Obsolete?

    What we are witnessing in Wisconsin and elsewhere is the death knell of Big Labor. Once upon a time, most Americans could identify the head of the AFL-CIO. He was George Meany, the cigar-chomping ex-plumber who ran the union federation from 1955 to 1979. He was one of the nation's great power brokers, much quoted and wooed by presidents. It's doubtful that as many Americans can name Meany's present successor. (Answer: Richard Trumka, former head of the mine workers' union.) ...
  • madoff-fe05-hsmall

    Sonja Kohn, Bernie Madoff's Bag Lady

    Sonja Kohn never had trouble reaching Bernie Madoff, whether by phone or in person. “I would always put her in to Bernie, because he always wanted to talk to her,” recalls Eleanor Squillari, Madoff’s personal secretary for 20 years. When Kohn ventured from Europe to visit Bernard L. Madoff Investment Securities, a warm welcome always awaited her at his 19th-floor office in the high-rise known as the Lipstick Building on Manhattan’s East Side.
  • Disclose No Evil

    In a much-watched Wall Street ritual, Warren Buffett will release his yearly letter to shareholders of Berkshire Hathaway this weekend, marking the informal kickoff of annual-report season. The task shouldn’t be hard: Berkshire stock returned 21.4 percent in 2010. Other letter-writers aren’t so fortunate, such as BP CEO Bob Dudley, who will have to explain away the Gulf of Mexico oil disaster. NEWSWEEK turned to annual-report consultants for suggestions on spinning some of the thorniest corporate issues.
  • gm-sc4-hsmall

    How Mary Barra Is Supercharging GM

    When Mary Barra was a senior manufacturing executive a few years ago at General Motors, she spotted another maker’s car decked out in a rich metallic black color. It was unlike anything GM was offering, so she suggested the color be added to the company’s palette—and was promptly rebuffed by fellow engineers, who fretted about potential quality-control difficulties. But Barra wouldn’t take no for an answer, and before long buyers were able to get their Cadillac Escalades and Chevy Malibus in elegant “Carbon Flash.”
  • SC01-ferguson-wide

    Ferguson: Selling Off Assets a Good Option for U.S.

    In my favorite spaghetti Western, "The Good, the Bad, and the Ugly," there is a memorable scene that sums up the world economy today. Blondie (Clint Eastwood) and Tuco (Eli Wallach) have finally found the cemetery where they know the gold is buried.
  • lunch-sc96-hsmall

    Who’s Eating Your Lunch?

    Now as ever, success in business belongs to those ready to eat the lunch of a complacent rival—and the cycle of life completes itself as potential competitors of the future hit the scene.
  • banking-listicle-tease

    The Credit Power Index

    Consumers are getting the short end of the stick in their dealings with banks. But the pain isn’t felt equally across the country, and the rates you get on your certificates of deposit and home loans differ depending on where you live. We’ve pored through the data to determine which cities offer their residents the best rates.