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...Mart recently launched it in the U.S. "We're selling apparel anyway," says Claire Watts, Wal-Mart's fashion boss. "Would it kill us to be a little more up to date?" Wal-Mart is also importing ASDA's recruiting philosophy, "Hire for attitude, train for skill." Labor is a particularly ticklish subject at Wal-Mart because unions have been trying to organize its U.S. stores. That effort has been unsuccessful so far, in part because Wal-Mart's wages are competitive with other retailers'. But the two most frequent complaints made by Wal-Mart employees to TIME - low wages...

Author: /time Magazine | Title: Inside The World's Biggest Store | 1/12/2003 | See Source »

...Stock-rigging scandals and lax corporate disclosure have sapped investors' confidence, and Shang must restore their faith. To do so, he will have to fend off government officials who see the market as a vehicle to funnel investors' cash into profitless state-run companies. He will need formidable political skill, even bravery-Shang's predecessor received death threats when his market-oriented reforms drove stock prices down...

Author: /time Magazine | Title: China's New stock cop | 1/6/2003 | See Source »

...president of the world's biggest manufacturing corporation--and the first president of a corporation to make more than $1 billion in net profits in a year. Curtice is not the Man of 1955 because these phenomenal figures measure him off as first among scores of equals whose skill, daring and foresight are forever opening new frontiers for the expanding American economy by granting millions to colleges, making new toasters that pop up twice as fast, or planning satellites to circle the earth. Harlow Curtice is the Man of 1955 because, in a job that required it, he has assumed...

Author: /time Magazine | Title: Milestones: 47 Years Ago In TIME | 12/30/2002 | See Source »

...upon - it's a role Dick Cheney has played his entire life. Throughout his remarkable career - White House chief of staff to Gerald Ford, six-term Congressman, Secretary of Defense to the first President Bush and Vice President to the second - Cheney's success has derived from his unparalleled skill at serving as the discreet, effective, loyal adviser to higher-profile leaders. He did once flirt with the idea of twirling the flaming baton himself, considering a 1996 run for President. But the idea of putting himself on that stage - selling himself in sound bites, baring his soul to profile...

Author: /time Magazine | Title: 7 Clues To Understanding Dick Cheney | 12/30/2002 | See Source »

...doesn't take long for the action to heat up at Kathy Leone's home in Colleyville, Texas. "Gravitate, kids!" Leone calls out, signaling the end of lunch and the time to begin the afternoon's main event--playing bunco. As games go, bunco ranks pretty low on the skill scale. It requires none of the strategy or finesse of bridge or even poker. It's pure luck and the roll of the dice. Players take turns trying to make three dice turn up as ones in the first round of play, twos in the second and so on. Rolling...

Author: /time Magazine | Title: Food, Talk, Dice: Hey, It's Bunco Time! | 12/23/2002 | See Source »

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