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...audio failed, the images were indelible, as a camera mounted on the base of the lunar-landing vehicle beamed back the otherworldly milestone. Ohio-born Armstrong, then 38, had become the first earthling on the moon. He was almost immediately followed by Colonel Edwin (Buzz) Aldrin, who helped plant a U.S. flag, signifying to all the world that America had won the race that had begun 12 years earlier with the launch of the Soviet Union's Sputnik. The stakes? Armstrong says today he "was certainly aware that this was the culmination of the work...

Author: /time Magazine | Title: 25404 | 3/31/2003 | See Source »

...taking charge of many of these dynasties--and of Europe's economy. Like Ernesto Bertarelli, many of the heirs are better educated and more international in their outlook than their parents were, and they are leading their firms in new directions. The Barillas of Italy have built a pasta plant in Ames, Iowa, and recently bought a German bread company. The Ottos of Germany (Eddie Bauer, Crate & Barrel) are investing heavily in e-commerce. France's Lagardere family is becoming an international media heavyweight...

Author: /time Magazine | Title: Putting On Heirs | 3/24/2003 | See Source »

Soon after selling their century-old pasta firm in the 1970s, the Barillas of PARMA, ITALY, bought it back and have expanded ever since. An Iowa plant is helping Barilla grab 17% of U.S. pasta sales...

Author: /time Magazine | Title: Putting On Heirs | 3/24/2003 | See Source »

Barilla built a plant in Ames, Iowa, in 1999 and has grabbed about 17% of the $1 billion U.S. pasta market. The company remains private, but whereas their father was reluctant to bring in outside capital, Guido and his brothers are more open to external finance. Last year, in its biggest transaction to date, Barilla acquired Kamps, a big German bread chain, for $1 billion--bringing in a bank to finance the deal. Randel Carlock, a professor at Insead, says the family "could have just sat in Parma and made pasta. But the younger generation saw the strategic opportunity...

Author: /time Magazine | Title: Putting On Heirs | 3/24/2003 | See Source »

...There are many chilling scenarios. A terrorist could use a firefighter's credentials and gear to gain access to a secure facility, such as a power plant, water pumping station, or government computer center, on the pretext of making an inspection. He could plant an explosive device then and there, or gain intelligence for a future attack. During an actual terrorist incident, a bad guy could use a badge to slip through a police line and detonate a bomb, killing kill the first responders. Even if the thieves turned out to common criminals, it was possible terrorists would find them...

Author: /time Magazine | Title: A New Fear: Stealing Police Badges | 3/17/2003 | See Source »

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