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...advantage of being in Amritsar is that almost everyone in the business-oriented town is a merchant. Furthermore, the cash-and-carry format allows Bharti and Walmart to co-opt a part of the competition - the mom-and-pop, or kiryana, stores - by turning them into customers. In fact, there's a section within the Best Price store called a "model store," where kiryana shop owners are taught how to arrange goods in their store and optimize inventories to maximize profits...
...Korea out of the corner it's crawled into. Pyongyang, even amid recent tirades against the U.S. aimed at Clinton's wife, Secretary of State Hillary Clinton, has left the door open to the possibility of re-engaging Washington in talks - though not in the so-called six-party format, which includes all of North Korea's direct neighbors, that Obama favors. "We must pay keen attention to what signal North Korea sent to Bill Clinton," says Yun Duk min, a professor at a think tank affiliated with the South Korean Foreign Ministry. "A key to break the stalemate...
...trying to figure out the most basic things about [the regime]." Establishing bilateral talks "might help in that exercise," he said. But when that might happen, "no one knows," the source said. "At this point, we're probably going to have to have talks with them about the format of the talks." In other words, it'll probably take a while - assuming, that is, that the Dear Leader has a while...
...selling album. Maturing as a songwriter, he turned a celebrity's denial of paternity into the whispery, groovy "Billie Jean" and a flee-don't-fight message into the unbeatable "Beat It." The videos for these songs broke an informal color barrier at MTV and made music videos a format that quickly spread around the globe. The 14-minute superproduction for Thriller was later chosen by MTV as the top video ever. (Read "How to Moonwalk Like Michael...
...Sony, however, was fairly quick to jump to new formats: it introduced the D-50 portable CD player a year after the first compact discs were sold, and later rolled out MiniDisc and MP3 players under the Walkman brand. (Its insistence for several years on sticking to a proprietary digital music format, ATRAC, left it far behind Apple's iPod in terms of market share.) Since its launch, Sony has released more than 300 different models across all formats; it currently makes Walkman-branded MP3 players, phones and even portable DVD players. Its newest device, the Walkman NWZ-X1000, features...