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Some market leaders, like Wal-Mart and Dell, have such enormous scale and low cost structures that they can use aggressive pricing to bleed their rivals. Other relatively smaller players, like Toyota, Steel Dynamics and Southwest Airlines, are so efficient and innovative that they can steal customers away from lumbering giants. Certain companies, like online-auction dynamo eBay, offer a service that lots of struggling firms and consumers are eager to use in hard times...

Author: /time Magazine | Title: Why Are These CEOs Smiling? | 11/5/2001 | See Source »

...experts in terrorism, such incidents are suggestive. In Egypt in the 1960s, the Islamic ideology Takfir wal Hijra began to win adherents among extremist groups. One of them, the Society of Muslims, was led by Shukri Mustafa, an agricultural engineer. Mustafa denounced other Muslims as unbelievers and preached a "withdrawal" into a purity of the kind practiced by the Prophet Muhammad when he withdrew from Mecca to Medina. The ideology is particularly dangerous because it provides a religious justification for slaughtering not just unbelievers but also those who think of themselves as Muslim. Intensely undemocratic-for to accept the authority...

Author: /time Magazine | Title: Hate Club: Al-Qaeda's Web of Terror | 11/4/2001 | See Source »

...Many of the new fighters were born and raised not in the Arab lands but in the Muslim communities of Europe, around which they travel with ease. And there is a growing sense that a number of them are "Takfiris," followers of an extremist Islamic ideology called Takfir wal Hijra (Anathema and Exile). That's bad news: by blending into host communities, Takfiris attempt to avoid suspicion. A French official says they come across as "regular, fun-loving guys-but they'd slit your throat or bomb your building in a second...

Author: /time Magazine | Title: Hate Club: Al-Qaeda's Web of Terror | 11/4/2001 | See Source »

...Right now our factories look like Betsy Ross's flag shop," says Howard Beige, executive vice president of Rubie's Costume, a Queens, N.Y., company, which supplies such giant retailers as K Mart, Wal-Mart and Toys "R" Us. Rubie's had expected kids to demand Harry Potter and SpongeBob Squarepants. But a week after the attacks, the company stocked up on red, white and blue material and set its 1,500 seamstresses working overtime to fashion fire-fighter and soldier costumes for the boys and USA Teen Cheerleader outfits for their sisters...

Author: /time Magazine | Title: Red, White and Boo! | 10/29/2001 | See Source »

...behavior can attest, this is no time to worry about inflation. And when a president with 90-percent approval ratings puts on a green eyeshade and tells unemployed people to all go get jobs at Wal-mart, those approval ratings...

Author: /time Magazine | Title: Message: I Care ($75B Worth) | 10/3/2001 | See Source »

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