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...arms inspectors in their Toyota Land Cruisers paid a visit last week to a company called al-Nidaa in the Baghdad suburb of Zafaraniyah. This was the place where Iraq once manufactured its modified Scud missile, al-Hussein, one of the most potent tools in its arsenal. The weapon has been forbidden to Baghdad since the 1991 Gulf War cease-fire, and the Iraqis claim these days that al-Nidaa makes only metal molds and tools. But the inspectors, armed with 1,240 unrevealing pages on missile programs that were part of Baghdad's recent accounting to the U.N., made...

Author: /time Magazine | Title: Iraq: The Great Scud Hunt | 12/23/2002 | See Source »

...Tell anyone who doesn't live in Japan that the country has productivity problems and you're likely to be met with disbelief, if not laughter. Japan Inc., inefficient? Companies like Sony, Toshiba and Toyota have made the country famous as the place where they always make things better, cheaper, smarter. Production techniques invented here?Just In Time Manufacturing, Total Quality Management, Continuous Improvement?have been imitated from Seoul to S?o Paulo. Certainly, Japan's leading export manufacturers deserve this reputation. According to that report by McKinsey, Japanese export industries like automobiles, electronics and computer hardware are, indeed, 20% more...

Author: /time Magazine | Title: Going Nowhere Fast | 12/2/2002 | See Source »

...like a high-performance Porsche. It might sound like an environmentalist's fantasy, but there it was on display at the Paris Auto Show last September: the Hy-wire, a politically correct, fully functional prototype that General Motors claims could be road ready by 2010. Other car manufacturers--including Toyota, Honda and Ford--are working on post-fossil-fuel automobiles, but only GM has rethought the car from the ground up, adopting an impressive array of advanced technologies invented both in Detroit and very far from it. Instead of an internal-combustion engine, for example, the Hy-wire is powered...

Author: /time Magazine | Title: Driving By Wire | 11/18/2002 | See Source »

...want one scheme for all their E.U. employees. On The Waterfront The International Longshore and Warehouse Union went on strike, shutting down all 29 West Coast ports in the U.S. The strike halted $1 billion in revenues per day, hitting Asian Pacific economies especially hard as companies like Toyota and Nissan were forced to stop production or find other ways to ship products to North America. Foes Fall Into Tough Love U.S. Securities and Exchange Commission chairman Harvey Pitt reached a truce with New York attorney general Eliot Spitzer in their battle to look toughest on corporate misdeeds...

Author: /time Magazine | Title: Bold New Deal — or Mariah Carey Redux? | 10/6/2002 | See Source »

...estimated $2 billion a day, and threatened an already slumping U.S. economy that depends more than ever on a just-in-time supply chain. The West Coast docks support an estimated 4 million jobs across the U.S. In Fremont, Calif., an auto assembly plant owned jointly by GM and Toyota had to stop production for lack of engines and transmissions, idling 5,100 workers. Such retailers as the Gap, Target and Wal-Mart, which expect to do 40% of their annual business during the holiday season, would suffer a blow to their profits from any long disruption in supplies...

Author: /time Magazine | Title: Spoil Ports | 10/5/2002 | See Source »

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