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May 22, 2008
 

Insider Newsletter

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


NEWS  THIS WEEK'S TOP STORY

Are Pension
Funds Fueling
High Oil?

Speculation by big investors
and sovereign wealth funds
may be behind the rise
in energy prices

Editor's Memo
With the summer vacation season almost upon us, paying at the pump is on everyone's mind. In our Top Story this week, Moira Herbst investigates what your pension fund may have to do with the price of gas. And from the magazine, "Beyond Blogs: What Business Needs to Know" takes a fresh look at that online phenomenon.

Microsoft vs. Yahoo, round two—which one are you betting on? We'll tell you about Microsoft's likely TKO. Is there a locavore at your table? We have a story and slide show on how the local foods movement is changing farms, supermarkets, and restaurants. And we go behind the scenes at wine expert Gary Vaynerchuk's wildly popular video blog, "Thunder Show."

Visit our Investing Channel to see where rebate dollars are likely to end up, and whether they're even going to help the businesses on the receiving end. And S&P advises investors when, if ever, they should panic.
-- Katherine Davis


  FROM THIS WEEK'S ISSUE OF BUSINESSWEEK
REDIRECT -- COVER STORY
Beyond Blogs: What Business Needs to Know
Three years ago our cover story showcased the phenomenon. A lot has changed since then

NEWS
Defense Is Going Great Guns
There's an M&A boomlet as companies scramble for scale

BUSINESS OUTLOOK
What's Taking the Air Out of Inflation
Soaring energy and food costs are pushing up overall inflation. But they're leaving consumers so strapped that businesses lack pricing power

  FROM BW.COM'S TECHNOLOGY CHANNEL
NEWS
Microsoft-Yahoo, Version 2.0
Carl Icahn is leading a charge to replace the board at the Internet icon and push for a deal

TECHNOLOGY
The Sad State of U.S. Broadband
The U.S. has a dismal showing among nations in terms of broadband availability, with no easy solution to bridge the gap

FUND INVESTOR : FUND INSIGHT • From S&P
Technology Funds Navigate Rough Waters
S&P has an overweight recommendation on the tech sector and finds top holdings in a couple of best-performing funds

  FROM BW.COM'S SMALLBIZ CHANNEL
TOP NEWS
The Rise of the 'Locavore'
How the strengthening local food movement in towns across the U.S. is reshaping farms and food retailing

BW CHICAGO
Not Just for Celebrities
Russian-born jewelry designer Lana Fertelmeister's line is popular with Hollywood. Now she wants to expand into accessories and clothes

SMART ANSWERS
Dissed Online? How to Fix Your Brand's Rep
Today's consumers don't hesitate to post their comments, good and bad, on the Internet. Here are some tips for damage control

  FROM BW.COM'S ASIA & EUROPE CHANNELS
GLOBAL
Honda's High Hopes for Hybrids
The Japanese automaker plans to sell 500,000 hybrids a year by the early 2010s, including a gas-electric version of the Fit subcompact

EUROPE
ICAP Thrives Amid Financial Volatility
The London interdealer broker's position handling nonstock trades means it's poised to profit whether the market gains or falls

  FROM BW.COM'S LIFESTYLE CHANNEL
EATING AND DRINKING
Gary Vaynerchuk Is Thirsty
The host of WineLibraryTV wants to use the Internet to make him bigger than Emeril Lagasse, Rachael Ray, and Oprah

PARKER ON WINE
The Best Zinfandels from a Bad Year
The 2005 zinfandel vintage in California may have been the worst in years but there are still some wines worth discovering

  FROM BW.COM'S INNOVATION & DESIGN CHANNEL
INNOVATION
Why GE Is Getting Out of the Kitchen
Stoves, refrigerators, and other appliances used to be the core of General Electric's business. But now the hot growth is elsewhere

INNOVATION
C.K. Prahalad: The New Age of Innovation
A new book from the Bottom of the Pyramid guru lays out the new landscape of business, driven by consumer co-creation and service customization

RETAILING
Nau Is Then
The hip green clothing label with an unconventional approach to style, materials, and retailing calls it quits. What went wrong?

  FROM BW.COM'S INVESTING CHANNEL
INVESTING
Stocks: The Great Rebate Race
Which outfits will grab the largest share of consumers' stimulus checks? Here are some potential winners

STOCKS IN THE NEWS
Home Depot and Lowe's Get Hammered
Sagging earnings reports suggest it will take more than stimulus checks to revive America's home-improvement giants

SAM STOVALL'S SECTOR WATCH • From S&P
Stocks: When the Rate Music Stops
Should investors panic if the Fed halts its rate cuts? Maybe not, says S&P. History points to continued stock gains after past easing cycles

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