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Fortune

Highlights of the May 12, 2008 Issue of FORTUNE
Available on newsstands May 5, full stories are available at www.FORTUNE.com.

 

FEATURES

"THE BEST ADVICE I EVER GOT", page 70

From tech (Larry Page) to Wall Street (Peter G. Peterson) to the military (David Petraeus) to entertainment (Tina Fey), 19 accomplished people tell FORTUNE about the advice that most influenced their lives.

LARRY PAGE ON HOW TO CHANGE THIS WORLD, page 82

Breakthrough ideas are around the corner, says the Google co-founder. But most of us are failing to take a chance on them.

$3.3 MILLION A DAY, by Barney Gimbel, page 90

That's how much American Airlines is losing in an era of insane fuel prices. What's a CEO to do?

MEET MR. GAS, by David Whitford, page 96

Combative CEO Aubrey McClendon has built once-floundering Chesapeake Energy into the country's hottest natural-gas company. And the Swift Boat Veterans-funding, governor-attacking billionaire isn't backing down from anybody now.

THE C-SUITE INTERVIEW: AETNA, by Geoff Colvin, page 105

Optimistic but practical, CEO Ron Williams defends the U.S. health industry.

THE BULLDOG, by Bethany McLean, page 113

A short-seller's book argues that companies — and the SEC — stifle bearers of bad news.

FIRST

Bag Revolution Plastic-bag monsters take to California's streets to urge consumers to try reusable bags instead. Copter Crisis The oil boom has created a shortage of whirlybirds. The Deal The dangers of ethanol: Rising gas and food prices show the risk in economic miracles. Rain Man Lehman is one of many firms that now have a meteorologist-in-chief. Value Driven Forget cheap imports. China's rise will soon be a force on Wall Street and Main Street and in Silicon Valley.

TECHNOLOGY

Can Ray Bell Save the Grid? Our clunky, brownout-prone electricity distribution system is about to enter the Computer Age, and an entrepreneur's smart meter could be the key. Silicon Valley Beard-Off To make it big in high tech, apparently you need whiskers. Global Innovation Behind the scenes with a new gadget that's a real globetrotter — the Nokia N810.

INVESTING

Fund That Let You Sleep At Night Portfolios that combine stocks and bonds provide a smoother ride without sacrificing returns. Fastest-Growing Companies Update Akamai: meeting the Net's need for speed. Right On Your Money Is your money fund safe? Yes. But there are risky securities in some portfolios.

LIFE AT THE TOP

How To Bet On Bordeaux Each spring the wine world descends on southwest France to set in motion capitalism's most liquid creation: Bordeaux futures. Road Warrior Casa Cuervo's Juan Domingo Beckmann. Joy Ride The right stuff? Mercedes takes the SL to new heights, but pure sports-car status remains elusive. Book Review A physicist attempts to explain the role of randomness in our lives.

 

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CONTACTS:

Brett LeVecchio
212-522-0361
brett_levecchio@timeinc.com

Katy Reitz
212-522-6724
Katy_Reitz@timeinc.com

 

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