50 How Tim Cook Is Changing Apple
Steve Jobs’ successor is making his mark and trying to keep the Apple magic going. By Adam Lashinsky

58 Why Shell Is Betting Billions to Drill for Oil ... Here
This summer, the energy giant will begin exploring off the icy coast of Alaska預fter years of resistance by environmentalists. The payoff could be the
largest U.S. offshore oil discovery in a generation.
By Jon Birger

68 Can Mark Kvamme Save Ohio’s Economy?
The Silicon Valley native left a lucrative gig funding startups for a post as
Ohio’s jobs czar. His simple goal: to help a million people.
By Tory Newmyer

74 FORTUNE 500 SERIES
Indra Nooyi’s Challenge
By the numbers, PepsiCo has done a pretty good job since she took the helm six
years ago. So why is the CEO taking so much heat from investors? By Geoff Colvin

12 FIRST
By the Numbers
Endless summer: The rebirth of Coney Island.
BY ANNE VANDERMEY

14 FIRST
The Briefing
Razor wars, tycoon sailboat selloff, Romney’s web push, and more.

15 FIRST
Closer Look
The problem seat on Goldman’s board.
BY BETH KOWITT

16 FIRST
Executive Dream Team
Chairman/CEO dynamic duos.
BY DANIEL ROBERTS

19 FIRST
Game Changers
The fall of party bigwig Bo Xilai is good news for China’s reformers. BY BILL POWELL

21 PURSUITS
Road Warrior Special
The CEO guide to business travel.
BY CAITLIN KEATING AND ALEX KONRAD

27 TECH
High Tech’s Fashion Model
CEO Angela Ahrendts is making Burberry (yes, Burberry) into an innovation
machine.
BY BETH KOWITT

32 INVEST
Wall Street Q&A
Pimco’s Rob Arnott: Going abroad for growth.
BY SHAWN TULLY

34 INVEST
Analyst Face-Off
Forest Laboratories: buy or sell?
INTERVIEWS BY RYAN DEROUSSEAU

OPINION

35 John Cassidy
It’s time for Europe to choose inflation over austerity.

36 Jack and Suzy Welch
Why you should heed whistleblowers.

38 Sheila Bair
The benefits of breaking up Chase.

43 THE CHARTIST
The (Big) Bucks Behind the Olympics
Even before the athletes could be paid professionals who might make millions
bringing home a medal, the Olympics were about money.

11 Editor’s Desk
80 Bing!

”We’re dancing as fast as we can. There are 167 plants in 33 countries in the
General Motors universe.”

40 LEADERSHIP
GM CHIEF DAN AKERSON ON GETTING THE AUTOMAKER ON TRACK AGAIN INTERVIEW BY GEOFF COLVIN

+ fortune.com
EVERYTHING WE KNOW, THE MINUTE WE KNOW IT.
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