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...informed his staff of 400 security guards and patrol drivers that he was installing Xora, a software program that tracks workers' whereabouts through GPS technology on their company cell phones. A Web-based "geo-fence" around work territories would alert the boss if workers strayed or even drove too fast. It also enabled him to route workers more efficiently. So when McDonald logged on, the program told him exactly where his worker was--and it wasn't in bed with the sniffles. "How come you're eastbound on 80 heading to Reno right now if you're sick?" asked...

Author: /time Magazine | Title: Snooping Bosses | 9/3/2006 | See Source »

Esprit is tapping into a new trend in apparel retailing called fast fashion that has been exemplified by H&M. Shoppers buy clothing more frequently and wear each item less often, in part because the prices are low. Esprit now replaces its clothing lines almost entirely each month. Not only does that give shoppers more new items to purchase each year, but it also decreases Esprit's risk. If one trend flops, a new one hits the stores a month later...

Author: /time Magazine | Title: Global Players: Esprit Comes Home | 9/3/2006 | See Source »

Then why the recent spike in performance? One thing quant funds have had going for them lately is a market that favors value. Hyped-up fast-growing companies haven't done as well as more established, steady firms--and the latter are the sort of stock that quant investors often end up with. That's because their process, which usually includes hypothesis-testing an idea before it's added to the computer model, relies on historical data, and growth companies tend to work because of what has yet to happen. The fabulous returns of the past few years...

Author: /time Magazine | Title: Money: Investing By The Numbers | 9/3/2006 | See Source »

Where should Democrats be trawling for votes? Try megachurches. The fast-growing suburban congregations have long been seen as hard-core G.O.P. supporters. But Applebee's America, a new book aimed at helping political, business and religious leaders market themselves, disagrees. The authors--ex-Bill Clinton aide Douglas Sosnik, Bush strategist Matthew Dowd and journalist Ron Fournier--analyzed 2004 exit polls and found that Protestant suburbanites who attend church at least weekly are 49% Democrat or independent and 39% believe in gay rights. "Democratic leaders should stop stereotyping and start targeting," they write. If Dems do, they may find...

Author: /time Magazine | Title: A Prayer For The Dems | 9/3/2006 | See Source »

...primary - before undoubtedly losing the November election to incumbent Democratic Sen. Bill Nelson. "It really has been a disastrous campaign of epic proportions," says Aubrey Jewett, political science professor of University of Central Florida in Orlando. "I don't think you've ever seen anyone fall from grace so fast in their own party...

Author: /time Magazine | Title: Katherine Harris' Comedy of Errors | 9/2/2006 | See Source »

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