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...build a strategy around groceries," says ARG's Beemer. "They look at groceries as a way to get people in the store for the first time. Target sees it as an add-on sale." In a research note titled "It's Walmart's Time & Investors' Opportunity," Deutsche Bank analyst Bill Dreher Jr. wrote, "Bottom line, Walmart is executing flawlessly...

Author: /time Magazine | Title: Walmart vs. Target: No Contest in the Recession | 3/14/2009 | See Source »

...leaders involved in the talks is especially noteworthy, as it suggests the group is grappling with the issues of PAYGO - a requirement that all new spending be offset by reductions to avoid adding to the deficit. Their presence could also indicate that the group is considering moving the final bill through budget reconciliation, the end-of-the-year budget bill that needs only a simple majority of 50 votes to pass the Senate, thus avoiding a potential GOP filibuster. Republicans have repeatedly warned Democrats against trying to pass health care in that fashion, saying it goes against the spirit...

Author: /time Magazine | Title: Bipartisan Senate Group Makes Health-Care Progress | 3/13/2009 | See Source »

...Baucus announced last week a schedule to have his side of the bill marked up by the end of June. Starting in late April, the Finance Committee will hold a series of public roundtables followed by closed-door, member-to-member sessions on the delivery system - public or private, or some combination of the two - in which individual members can weigh in with their own plans and ideas. Other issues of coverage, including cost containment, prevention and wellness, will see similar treatment, aides say. The HELP Committee will have its own schedule on the prevention and wellness provisions as well...

Author: /time Magazine | Title: Bipartisan Senate Group Makes Health-Care Progress | 3/13/2009 | See Source »

...attempt at health-care reform, when committee infighting helped sink that effort. Both chambers have said they intend to see legislation reach the floor before the August recess, though many admit the tougher part will come when the differences between the two versions must be reconciled. "The House bill will be the high-water mark of what we'd like to do with the system," says a Democratic Senate staffer involved in the talks. "Still, we don't have 60 votes yet. So the House is going to have to accept, to a certain degree, what we work out here...

Author: /time Magazine | Title: Bipartisan Senate Group Makes Health-Care Progress | 3/13/2009 | See Source »

...doubt recognize the names of Bill Gates, Warren Buffett and Oprah when scanning Forbes' latest list of "The World's Billionaires." But amid the various business tycoons, A-list celebs and royal heirs on the annual roll call is someone known mainly by members of Mexico's seedy underground and the police officers who chase them: Joaquin "El Chapo" (Shorty) Guzman Loera. (Read "Mexico Exports its Drug Wars to Guatemala...

Author: /time Magazine | Title: Joaquin Guzman Loera: Billionaire Drug Lord | 3/13/2009 | See Source »

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