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March 21, 2008
 

Insider Newsletter

A weekly summary of the best in BusinessWeek and BusinessWeek.com


NEWS  THIS WEEK'S TOP STORY

Why Exxon Won't
Produce More

Even with prices
at the pump near
all-time highs,
ExxonMobil isn't
projecting
increased oil
production.
Here's why

Editor's Memo
Does ExxonMobil know what it's doing? Read our top story to see why it's keeping production flat in spite of rising prices and demand. And from the pages of BusinessWeek magazine this week: a special report on the financial crisis, casting Federal Reserve Chief Bernanke as a "Reluctant Revolutionary."

You've heard the rumors of a new, flat-rate iTunes service—well, before you start downloading, read the details in "Unlimited Tunes from Apple? Not so Fast." We've got stories about health-care tourism in Thailand, green building, and March Madness, as well as a post-mortem on Bear Stearns and video of Jim Ellis's exclusive interview with former House Speaker Newt Gingrich where he talks about his push for the abolition of adolescence.


-- Katherine Davis


  FROM THIS WEEK'S ISSUE OF BUSINESSWEEK
THE FINANCIAL CRISIS
The Fed's Revolution
To head off a catastrophe, Bernanke has reinvented the central bank while injecting a huge dose of money into the system

THE FINANCIAL CRISIS
Dollar Daze in Europe
How the falling greenback is killing jobs and crimping profits on the Continent

SPORTS BIZ
March Madness Beyond the Idiot Box
CBS is expecting a huge payday after jacking up the basketball tournament's presence on the Web

  FROM BW.COM'S TECHNOLOGY CHANNEL
NEWS ANALYSIS
Unlimited Tunes from Apple? Not So Fast
Rumors of a new music service appear to be just that, but with iPod sales slowing and competition growing, now may be the time to pursue such a plan

TECHNOLOGY
Microsoft Wants Wireless Consumers, Too
Under pressure from Apple's iPhone, the software behemoth is reinvigorating efforts to make Windows Mobile more appealing to the mass market

SUSTAINABLE TECH
A Cell Phone Made of ...Tapioca?
Scientists are experimenting with viruses, salmon sperm DNA, potatoes, and more in making biomaterials for consumer electronics

  FROM BW.COM'S SMALLBIZ CHANNEL
BW CHICAGO
Restaurant Reviews Hunger for the Web
A hit on public TV, Chicago's Check, Please! sees the Net as a bigger market for its popular videos

READER HOW-TO
You Don't Have to Ditch the Day Job
Here are seven tips on how to launch a successful Internet outfit without leaving your desk

  FROM BW.COM'S ASIA & EUROPE CHANNELS
EUROPE
Russia to Set Investment Rules
Moscow is ready to OK a new law limiting foreign investment in key sectors. Investors welcome a clear policy but worry about the red tape

ASIA HEALTH
Checking into Bumrungrad Hospital
The hospital in Bangkok is attracting a growing number of American patients seeking high-quality care for a fraction of the cost at home

  FROM BW.COM'S MANAGING CHANNEL
THE INNOVATION ENGINE
The Upside of Recession
Most businesses think now's the time to cut back and cower. Why not see it as an opportunity, the way the creators of some very big brands have?

  FROM BW.COM'S INNOVATION & DESIGN CHANNEL
SUSTAINABLE DESIGN
Bringing Green Mainstream
Cherokee Investment is backing the Mainstream GreenHome, a residential laboratory for green building practices they believe will protect the environment and provide solid returns to investors

DESIGN
How Hulu's Design Gets It Right
Hulu, a major coup for Hollywood's Web aspirations, is the latest offering successfully designed for the elusive Gen-Y youth market

  FROM BW.COM'S INVESTING CHANNEL
THE ECONOMY
The Fed's Too Easy on Wall Street
The Fed should insist on its prerogative to strictly regulate financial institutions in boom times, not just to bail them out when it all goes bad

NEWS ANALYSIS
Visa's IPO Victory
The company's initial offering was a hit and a rare sign of strength in a weakened stock market. But the post-Visa IPO landscape looks bleak

TOP NEWS
Gold and the Three Bears
Bear Stearns Chairman Cayne, CEO Schwartz, and former Co-President Spector reaped megamillions as part of their compensation packages

 BW MALL  SPONSORED LINKS
Buy a link now!



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  IN YOUR FACE: The Fed's Historic Innovation

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  FEATURED VIDEO
Newt Gingrich on Campaign Issues
Former House Speaker and author Newt Gingrich talks about the state of the economy, the presidential campaign, adolescence, and other issues
 


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  FEATURED COLUMN
Apple's Icarus Effect
Pride goes before destruction, and with hackers targeting Macs and iPhones, Roger L. Kay says Apple's haughty spirit portends a fall