Table of contents: VOL. 154, NO. 4 - August 21, 2006
Hurricane Katrina was the biggest natural disaster in US history - and its aftermath became the biggest management disaster in history as well. A year later, Fortune lays bare this surreal tale of incompetence, political cowardice...and rebirth. (more)


Better chips and an expanded product line put Intel on the defensive, says Fortune's David Kirkpatrick. (more)
Dwindling market share isn't the No. 1 chipmaker's only problem, says Fortune's Roger Parloff. It needs to mount a fierce defense to AMD's epic antitrust lawsuit. (more)
A generation of workers can't get ahead - because aging boomers above them won't budge. Here's how to break through the gray ceiling. (more)
We live in a fragmented age. Best Buy's CMO, Michael Linton, tells Geoffrey Colvin how to sell in it. (more)
One tankful of the latest craze in alternative energy could feed one person for a year, Lester Brown tells Fortune. (more)
business life
Celestron's SkyScout is the best thing to happen to backyard astronomers since the telescope. (more)

business life: your money at play
Can high-tech tools help make better wine? Some Silicon Valley refugees think so. (more)
dispatches: business reports from around the u.s. and the world
The old dial-up service has a new plan: Be free. (more)
What to watch in the weeks ahead (more)

An idea born on a blog is endorsed by Microsoft and IBM, reports Fortune's Nicholas Varchaver. (more)
Flush with cash, private-equity firms are going on a spending spree. But odds are it won't end well. (more)
Arianna Huffington, founder of the, the nation's top political blog, talks about the 2008 presidential race and the need to trust our leaders. (more)
Cisco chief John Chambers plans his day in the shower, and uses video-on-demand to communicate with employees and customers. A Fortune interview. (more)
Scouring the globe for undervalued debt, star fixed-income fund manager Dan Fuss has topped the stock market over the past 15 years. (more)
investing: your money at work
The company took a beating last month, but CEO Terry Semel tells Fortune's Adam Lashinsky that he likes its chances against Google, YouTube, and MySpace. (more)
media bubble
Talent agency The Firm encourages its musicians to cut out the middle man, make more money for themselves, writes Fortune's Devin Leonard. (more)
street life
Fortune's Andy Serwer drills down to find out how one veteran of the crude biz plans to reap his next windfall. (more)
while you were out

Teen retailer's results also hurt by falling sales, gross margins. |more|