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...Change requested by a woman at a Wal-Mart in the U.S. state of Georgia, after she tried to pay her shopping bill with a fake $1 million banknote. She was arrested and charged with forgery

Author: /time Magazine | Title: Milestones | 3/15/2004 | See Source »

...inside the Network Operations Center (NOC) of the Burlington Northern and Santa Fe Railway Co. (BNSF). Dispatchers at the railway's headquarters in Fort Worth, Texas, sit hunched over computers 24/7, directing trains for the nation's second largest railroad and tracking shipments of everything from coal to Wal-Mart clothing. Nine megascreens monitor the flow of goods on 200,000 railcars across 33,000 miles of track--Chinese merchandise rolling east from California, Midwest grain heading west and then to Asia, FedEx packages crisscrossing the nation. Last year this "old economy" business racked up record revenues of $9.4 billion...

Author: /time Magazine | Title: On a Faster Track | 3/8/2004 | See Source »

Those innovations place BNSF in a position to benefit from Wal-Mart's never-ending crusade to create a tighter supply chain. For instance, Wal-Mart is requiring major suppliers to put RFID--radio-frequency identification--on all cases and pallets by 2005. BNSF already uses a first-generation RFID system to track railcars with shipments for Wal-Mart and plans to take the system to the next level, even if that means tagging every piece of lumber it hauls. "Whatever interests Wal-Mart fascinates the hell out of me," says Campbell. But BNSF is taking the technology beyond...

Author: /time Magazine | Title: On a Faster Track | 3/8/2004 | See Source »

Reviving K Mart could be the ultimate test for Martha [10/06/1997] A New Guru of American Taste...

Author: /time Magazine | Title: Martha Stewart Convicted | 3/5/2004 | See Source »

...remember the Alamo because we fought long odds and had to give up an entire building; the Mexicans remember Texas. If ever a country's character demanded that it root against the underdog, it's ours. We are the country of crushing, monolithic corporations--of McDonald's, Wal-Mart and companies such as Aramark, Cendant and Sysco that are so powerful we don't even know what they do. We crush foreign dictators for looking at us funny. We are geniuses at supersizing the good stuff and McRibbing the losers. Underdogs are for Canadians...

Author: /time Magazine | Title: In Defense of Domination | 3/1/2004 | See Source »

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