Word: funge
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Though Yajun Fung, a graduate student at MIT, wished the event had been better advertised, she was excited about Alterovitz’s work...
...Fung said that she never thought “the arts and the science could be combined in this...
Undergraduates continued to choose the popular Fung Wah Bus service as their mode of transportation home this past holiday weekend despite a recent accident. Last Wednesday, a speeding Fung Wah passenger bus heading from Boston to New York crashed on I-90. The driver, Jimmy Chow, lost control of the vehicle and veered into the right guardrail at Exit 19, near the Allston-Brighton toll booths, according to Massachusetts State Police Sergeant Robert Bousquet. The bus held 35 passengers, none of whom sustained injuries. The disabled bus was towed from the scene, shutting down the Turnpike for five minutes, Bousquet...
Think of Hong Kong's traders as the world's matchmakers. "We're the search engines to find the best place in the world" to buy a product, says Bruce Rockowitz, president of Li & Fung's sourcing business. With 72 sourcing offices in 41 countries, Li & Fung can tap into more than 8,000 factories making anything from carpets to dog brushes. In 2006 alone, the company was involved in the production and shipment of some 2.4 billion shirts, toys and other consumer goods--an amount that has quintupled since 1999. "We're creating a world that is flat," says...
Nimble isn't cheap. Firms such as Li & Fung and Noble have invested millions in computer systems that make it possible to micromanage logistics as never before. Noble has a ship-management division that oversees the operations of 150 vessels from the comfort of a Hong Kong office. Software tracks the fleet on an onscreen map, with the position of each vessel marked by an icon. Click on one, and the computer calls up every scrap of data you can imagine--the ship's current route and historic movements, its cargo, entire crew roster and maintenance schedule. One ship...