Guardian:
The possessive in words and names ending in S normally takes an apostrophe followed by a second S (Jones's, James's), but be guided by pronunciation and use the plural apostrophe where it helps: Mephistopheles', Waters', Hedges' rather than Mephistopheles's, Waters's, Hedges's.
http://www.guardian.co.uk/styleguide/page/0,,... (go to "apostrophes")
Times:
apostrophes with proper names/nouns ending in s that are singular, follow the rule of writing what is voiced, eg, Keats's poetry, Sobers's batting, The Times's style (or Times style); and with names where the final “s” is soft, use the “s” apostrophe, eg, Rabelais' writings, Delors' presidency; plurals follow normal form, as Lehman Brothers' loss etc. Note that with Greek names of more than one syllable that end in "s", do not use the apostrophe "s", eg, Aristophanes' plays, Achilles' heel, Socrates' life, Archimedes' principle.
Beware of organisations that have variations as their house style, eg, St Thomas' Hospital, where we must respect their whim. Also, take care with apostrophes with plural nouns, eg, women's, not womens'; children's, not childrens'; people's, not peoples'. Use the apostrophe in expressions such as two years' time, several hours' delay etc.