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IN THIS ISSUE

Is Water the New Oil?
T. Boone Pickens is betting $100 million that it is.

Million-Dollor Babies
The cost of saving early pre-term infants is soaring, leading some to ask if there's such a thing as too young.

Middelhoff Gets No Respect
Post-Bertelsmann, the German executive is retooling retailer and travel operator Arcandor -- as critics decry his "Anglo-Saxon capitalism".

Triple Threat: The Fed's Historic Fight
It's Bernanke & Co. vs. the three-headed monster of rising unemployment, the credit crunch, and insane oil prices. Slaying the beast will take an exceptionally steady hand.

Firefox Keeps Nipping at Microsoft
The latest version of its Web browser should help Mozilla take a bigger bite of the market.

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