Richard M. Smith

Making Seoul Women-Friendly

South Korea has long been one of the most male-dominated societies in the world, but Seoul Mayor Oh Se-hoon hopes to begin changing that image. Three years ago, he launched the Women Friendly Seoul Project, a set of initiatives aimed at improving both the quality of daily life and long-term political opportunities for the capital's female residents. The mayor, who recently won reelection, talked about the project with NEWSWEEK's Richard M. Smith. Excerpts:

'Know What You Don't Know'

Cisco Systems, Inc. was once best known as the plumber of the Internet, for building the infrastructure and networking equipment that allows worldwide information sharing. CEO John Chambers on the company's new push into leisure products.

Medicine Man

Pfizer's CEO talks about layoffs, regulatory issues and the public's unhappiness about drug prices.

Leadership Q&A: Vernon Jordan

During more than 40 years in public life, Vernon Jordan has headed the United Negro College Fund, led the Urban League, been a confidant to U.S. presidents, served on various corporate boards--and most recently, advised President George W.

Q&A: Corning's Comeback Ceo

At many companies, Wendell Weeks might've been fired. In2001, Weeks was running Corning's fiber-optics business when the telecom market went bust. But instead of becoming the fall guy, Weeks managed through the sales drop--and in 2005, Corning's board promoted him to CEO.

The Diamond Dealer

Tis the season, as TV ads remind us, when husbands should head to the mall to buy shiny gems for their wives as a sign of their love. But if that mall has a theater showing "Blood Diamond," which opened last weekend, some shoppers may reconsider.

To Our Readers

Let me give you the good news and bad news all at once. In 2006 the world economy proved it could weather $78 oil. This is good because it shows the global economy is more resilient than we thought, and bad because it means oil is now far less likely to slip back into the $20s.