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April 18, 2011 | ||
Insider NewsletterA weekly summary of the best in Bloomberg Businessweek and Businessweek.com | ||
| Editor's Memo
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| OPENING REMARKS Washington Plays Chicken With the Debt Forcing a U.S. default is no small matter, yet many Americans say they want just that. It's time for cooler heads on Capitol Hill to step up and lead GLOBAL ECONOMICS Where Has Libya's Oil Gone? Italy's Eni and others have to deal with rebels and loyalists, essentially shutting down operations until the outcome is clearer FEATURES The Battle Royale for Super Corn Corn that doesn't need so much nitrogen could cut America's $8-billion-a-year fertilizer bill, send less pollution into the water and less carbon into the air. Meet the scientists trying to build a better kernel TECHNOLOGY Intuit Aims to Spur Growth With Mobile Software, Acquisitions CEO Brad Smith says Intuit is boosting sales of its tax-prep and financial software with online and mobile versions, and may also seek acquisitions GIGAOM • From GigaOm Boo Who? Europe's Biggest Dot-Com Casualty Is Back Ernst Malmsten, one of the co-founders of clothing retail flameout Boo.com, is launching a new attempt at selling fashion online, LaraBohinc.com Smartphone by Intel Said Headed for Sale ZTE may manufacture for sale in China a mobile phone designed by Intel and based on a version of its Atom microprocessor IT Outsourcer Globant Sells Innovation, Wows Google, LinkedIn Globant now has some 150 customers, including Electronic Arts, MySpace, and ad agency JWT. Last year the company, which offers IT services ranging from development to quality testing, had $50 million in revenue; this year it could reach $90 million Red Wing Makes 'Made in USA' Pay President and COO Dave Murphy's announcement that the shoe company would add 125 dealerships got shareholders up and cheering SMART ANSWERS When It Pays to Spend on Trade Shows First determine what you'll get out of attending an event in person. Then consider a veteran business conference organizer's advice Tsunami-Hit Airport Opens After U.S. Helps Clear 5,000 Cars Sendai Airport, engulfed by Japan's March 11 tsunami, resumed commercial flights today after Self-Defense Forces and the U.S. military helped clear uprooted trees, houses and about 5,000 vehicles thrown about by rushing water Oil Traders See Lasting Mideast Instability They think $150 a barrel isn't inconceivable, and they see a high-risk premium keeping prices up THE BUSINESS OF SPORTS The Masters 2011: Nicklaus Memories and Digital Access The 75th Masters is underway. A look back at Nicklaus's historic 1986 win and a look ahead with EA Sports' new digital tour of Augusta National CULTURE The First Painter on the Moon Apollo 12 astronaut Alan Bean paints "space-scapes" to leave an artistic record of U.S. Moon landings REVIEWS Review: 2011 BMW X3 Sales have soared for BMW's redesigned X3 compact luxury SUV, thanks to improved handling, legroom, and fuel-efficiency THE INNOVATION ENGINE How the Ivy League Is Killing Innovation Process-driven companies that trust professors to teach innovation are missing out, at least in part, on the real deal DORM ROOM MOGULS B-School Startups: Connecting with the Poken IMD MBA entrepreneur Stephane Doutriaux develops a networking device that eliminates the need for business cards VIEWPOINT Talent Alone Does Not Make a Leader By using individual achievement as the only criterion for choosing managers, you might just be setting them up for failure INVESTING The Puzzle—and Promise—of 'Absolute Return' Mutual Funds Funds designed to dampen volatility while earning solid long-term returns may use strategies such as extreme diversification across asset classes and rely on a wide range of derivatives INVESTING SURVIVAL GUIDE Planning for Long-Term Care Investigate your long-term care insurance options now, before you need it, to make sure your golden years are comfortable and worry-free The Fed Rescue Program Too Bizarre to Be True Want more examples of the Fed's heroic acceptance of pretty much any collateral during the financial crisis? Michael Lewis has the "findings"
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Japan in Crisis
Watching the Power Lunchers
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