Word: wal
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...Bill Gates and the preternaturally genius investor Warren Buffett occupied the top spots. What is most striking, however, is that five of the ten richest people in the world have the same last name: Walton. They are the widow and four children of the late Sam Walton, founder of Wal-Mart, who if alive today would be the richest man in the world. His fortune, now divided among his heirs, totals about $100 billion, or almost double that of Bill Gates. Admittedly, Gates has given away billions in recent years, but Walton’s accomplishment is nevertheless staggering...
...writing about Wal-Mart today because, counterintuitively, Wal-Mart is the business story of the last decade. The Internet was important, but the dot-coms were clearly overhyped and the truly innovative uses of the Internet are yet to be invented. Instead, it is Wal-Mart—prosaic, big, boxy, uncool, rural Wal-Mart from Bentonville, Arkansas—that has changed the way business is done in America. McKinsey, the same company that a lot of my senior classmates will be working for next year, recently released a study detailing just how important Wal-Mart is. Their findings...
...dolls might not be endcapped at Toys "R" Us and eight-year-olds might not be throwing tantrums in the middle of a Wal-Mart aisle demanding a Lamdog toy. Yet, that's exactly the point: Lau has managed to imbue the humble action figure with kool-kid kachet. A grownup who collects G.I. Joes is a bit of a loser while a twentysomething with a full Crazychildren set is, you know, way datable. The artist is coy about his yearly earnings, but reiterates that fun, not money, gets him off. Many of his figures?like Maxx...
...place where you can buy stomach-turning videos (lots of throat slitting) made by Islamic extremist groups. The sermons of Abu Hamza al-Masri, the mosque's one-eyed, steel-clawed imam, continually stress the importance of jihad. Baker says the mosque is dominated by adherents of Takfir wal Hijra, the neo-fascist Islamic ideology influential among European operatives of al-Qaeda. However extreme its message, Finsbury Park is undeniably popular. At midday prayers on a recent Friday, Abu Hamza preached to a congregation of about 1,200, who came from all over London. Sardar explains that the mosque attracts...
...place where you can buy stomach-turning videos (lots of throat slitting) made by Islamic extremist groups. The sermons of Abu Hamza al-Masri, the mosque's one-eyed, steel-clawed imam, continually stress the importance of jihad. Baker says the mosque is dominated by adherents of Takfir wal Hijra, the neo-fascist Islamic ideology influential among European operatives of al-Qaeda. However extreme its message, Finsbury Park is undeniably popular. At midday prayers on a recent Friday, Abu Hamza preached to a congregation of about 1,200, who came from all over London. Sardar explains that the mosque attracts...