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July 30, 2010 | ||
Insider NewsletterA weekly summary of the best in Bloomberg Businessweek and Businessweek.com | ||
| Editor's Memo
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| COVER STORY The New Abnormal Americans are broke and depressed—and also swilling $3 lattes and waiting in line for iPhones. Welcome to the schizophrenic economy FEATURES Dome Sweet Dome The man who bought the Pontiac Silverdome for just over half a million dollars is the type of daredevil entrepreneur who could bring Detroit back from the dead—or not COMPANIES & INDUSTRIES Why Robert Dudley's BP Could Be Even Riskier The embattled oil giant's first American CEO embraces a high-risk survival plan TOYS NERF: Hasbro's Play in the Toy Arms Race The Hasbro toymaking unit is staging an edgy resurgence with a lineup of NERF dart guns that have evolved to function like assault weapons GIGAOM • From GigaOm Quora: Striving for an Ideal Online Society The question-and-answer site aims to foster lively, high-quality exchanges among savvy posters. So far, Quora has achieved newsworthy results THE INNOVATION ENGINE Five Insights into Innovating via Mobile Devices When formulating your mobile-related business-model strategy, think behavioral, not technological SMALL BUSINESS FINANCING Alternative Exits for Business Owners You won't soon sell your business for an ideal asking price. Here are three strategies to help you get a better offer than you might expect VIEWPOINT Overlooked When Raising Capital: Investor Preferences Financiers prefer to back entrepreneurs who are similar to them. This seemingly innocuous tendency creates problems for society, but the solution is difficult to make work, says Scott Shane Senate Clears Way for $30 Billion Small Business Fund The plan would invest federal money in small banks and give them incentives to re-lend that money to Main Street companies CORPORATE GOVERNANCE BP's Board Has Questions to Answer, Too Ben Heineman calls for an independent inquiry into why BP's board didn't apply lessons learned from the energy giant's previous safety problems Japan's Canon Beats Profit Estimates Canon Inc., the world's largest camera maker, posted its third straight quarterly profit increase, on higher camera and printer sales Home Prices in 20 U.S. Cities Rose More Than Forecast Home prices in 20 U.S. cities rose more than forecast in May from a year earlier as a government tax credit temporarily underpinned sales B-SCHOOL NEWS B-Schools All A-Twitter Over Social Media With interest in social media growing, B-schools are adding courses to teach students what it means for business CORPORATE PROVOCATEUR Leadership Is Easy If No People Are Involved Why, the success of a business has nothing to do with the way its managers treat employees, does it? DESIGN How LEGO Revived Its Brand In an excerpt from Design Is How It Works, former BusinessWeek staff writer Jay Greene explores Lego's troubles and its comeback VIEWPOINT Oil and Innovation Too much of one, not enough of the other: what BP and other oil companies should be doing—and should have done RETAILING The Infomercial Business Goes Mainstream Goods touted in the schlocky TV ads are increasingly moving onto the shelves of big retailers like CVS and Target or online, and the ads now serve to build a brand beforehand Banks Charge Millions as States Try to Fix Housing Mess Big banks earned millions in interest and fees for credit lines states are using to balance budgets undermined by the housing- market collapse VIEWPOINT Double Dip? New Normal? No Fun Either Way: Frank Aquila The Businessweek.com columnist examines the struggles ahead for the U.S. economy INVESTING Q&A Taleb: Government Deficits Could Be the Next 'Black Swan' In a new edition of The Black Swan, author Nassim Nicholas Taleb warns against depending "on financial assets as a repository of value" BW MALL SPONSORED LINKS
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