Monthly Archives: November 2011
  • Ikea takes on China

    FORTUNE -- The Swedish retailer's stores in China have become a favorite leisure destination for shoppers. At Ikea's Beijing outlet (below) -- its busiest store in China -- patrons can be seen sipping lingonberry juice in the cafeteria, taking family portraits in showrooms, or even sleeping on the beds. Last year 33 million people visited Ikea's Chinese mainland stores. Revenue growth of 20% makes this one of the company's fastest-growing MORE

    Nov 30, 2011 5:00 AM ET
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  • What ever happened to Tang?

    FORTUNE -- Once an American cultural icon and the favorite drink of astronauts in the '60s, Tang has mostly fallen off the radar in the U.S. Elsewhere, though, the powdered beverage is booming. Since 2006, Tang's worldwide sales have doubled to $1 billion, making it one of 12 billion-dollar brands for Kraft. Brazil, Argentina, Mexico, and the Middle East are the top markets. (The U.S. doesn't even crack the top MORE

    Nov 29, 2011 5:00 AM ET
  • Lockheed Martin girds for battle

    After the debt supercommittee's failure, defense contractors are preparing for turbulent times. Can Lockheed save the F-35 Joint Strike Fighter?

    By Marc Gunther, contributor

    FORTUNE -- Perilous times await Lockheed Martin, the world's largest military contractor. Wars in Iraq and Afghanistan are winding down. Because the congressional supercommittee failed to agree on a plan to curb the federal deficit, the Pentagon faces spending reductions that could add up to about $1 MORE

    Nov 29, 2011 5:00 AM ET
  • Cape Cod Cranberries (Fortune, 1946)

    Editor's note: Every week, Fortune.com publishes a favorite story from our magazine archives. This weekend, as we enjoy our Thanksgiving leftovers, we take a look back at the business of cranberries from the October 1946 issue of Fortune magazine.

    A traditionally American fruit is the business of Pilgrim descendants

    Picking time for Cape Cod cranberries is September and October

    That festive fruit, the cranberry, may seem a small enough item to most Thanksgiving trenchermen. MORE

    Nov 27, 2011 9:00 AM ET
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  • Pricing the future: How we value derivatives

    Our Weekly Read column features Fortune staffers' and contributors' takes on recently published books about the business world and beyond. We've invited the entire Fortune family -- from our writers and editors to our photo editors and designers -- to weigh in on books of their choosing based on their individual tastes or curiosities. In this installment, senior editor-at-large Geoff Colvin reviews Pricing the Future: Finance, Physics, and the 300-Year Journey to the Black-Scholes Equation, MORE

    Nov 25, 2011 5:00 AM ET
  • Sergio Marchionne's bad bet at Fiat

    The lilliputian 500 was supposed to drum up buzz and go viral, much like BMW's Mini a decade ago. Instead, sales have been disappointing and dealers are not happy.

    By Doron Levin, contributor

    FORTUNE -- Sergio Marchionne took a gamble last year, recruiting a relatively unknown junior auto executive from Volkswagen for her experiential marketing skills which would help relaunch the Fiat brand in the U.S.

    He lost that bet.

    Fiat's first model, MORE

    Nov 22, 2011 11:51 AM ET
  • Social Security: Drifting Off Course (Fortune, 1967)

    Editor's note: Every week, Fortune.com publishes a favorite story from our magazine archives. This week, as the bi-partisan super committee faces a deadline to find ways to cut the deficit by $1.2 trillion, we take a look back at one of the programs that's on the table: Social security. As this 1967 Fortune story shows, the "swollen system" has been a political hot-button issue for decades.

    The benefits are rising but so is MORE

    Nov 20, 2011 10:00 AM ET
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  • An angry sportswriter's King James Bible

    Our Weekly Read column features Fortune staffers' and contributors' takes on recently published books about the business world and beyond. We've invited the entire Fortune family -- from our writers and editors to our photo editors and designers -- to weigh in on books of their choosing based on their individual tastes or curiosities. In this installment, reporter Daniel Roberts takes a look at The Whore of Akron, Scott Raab's paean of disillusionment over MORE

    Nov 18, 2011 9:25 AM ET
  • Molycorp's $1 billion rare-earth gamble

    How an American company is trying to break China's monopoly on high-tech minerals.

    By Richard Martin, contributor

    Molycorp's Mountain Pass Summit rare-earth mine was the largest in the world until the Chinese helped drive it out of business in 2002. American investors have now reopened it.

    FORTUNE -- Few weekenders making the four-hour run from L.A. to Vegas notice the big mill works overlooking Interstate 15 at Mountain Pass Summit in California, MORE

    Nov 18, 2011 5:00 AM ET
  • How I escaped my Qatari nightmare

    Nasser Beydoun, a Michigan businessman, went to Qatar to help open restaurants -- and was stuck there after a dispute. Now, he talks about his ordeal.

    By Doron Levin, contributor

    FORTUNE -- On October 10 Nasser Beydoun, 47, was permitted to leave Qatar, where he had been detained for almost two years following a dispute with business partners. Beydoun, a prominent Arab-American businessman from Dearborn, Michigan in 2007 accepted an assignment MORE

    Nov 15, 2011 11:20 AM ET
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