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...producing everything from the tractors and earth-moving machines that come in archetypal construction yellow to footwear and boots. Its early 1900s tractors helped revolutionize the construction industry - and inspired the first military tanks that took to battle in World War I. But now Caterpillar is facing a very 21st century ordeal, one that almost all other companies face amid what is arguably the gravest economic crisis since the Depression. On Monday, Caterpillar joined other U.S. companies in announcing the collective loss of some 75,000 jobs at operations worldwide. (See pictures of the stock market crash...

Author: /time Magazine | Title: Caterpillar Layoffs: How They're Playing in Peoria | 1/29/2009 | See Source »

...fashioned. Blago seems less an old Chicago-machine boss than a distinct 21st century character: the American with Too Much Self-Esteem...

Author: /time Magazine | Title: Blago Talks! (And Talks ...) | 1/29/2009 | See Source »

...begin this week. Instead of swings or other standard play equipment, there will be movable objects that children can use to build and tear down, thus ensuring a different experience with each trip to the figure-eight-shaped playground. (See pictures of architects building for the 21st century...

Author: /time Magazine | Title: The New Playground: Bye, Jungle Gym | 1/28/2009 | See Source »

Venice's historic treasures have one drawback: they can dupe visitors into believing the city is stuck in a time warp. For a taste of the 21st century, check out the new restaurants on the Grand Canal's south bank. Ancora is the latest to cause a stir with its all-white décor, nightly jazz sessions and Mediterranean-with-a-twist menu - try the raw tuna and avocado salad with kabayaki sauce, or the bass with olive oil and white beans...

Author: /time Magazine | Title: Venice's Party Colors | 1/28/2009 | See Source »

...album is sold in a highly desirable hardcover edition, with postcards of the original movie posters and an inlaid film strip. But that's really just a bonus. Fun, edgy and eclectic, Retrochine isn't old Chinese pop with a contemporary twist; it's music for the 21st century...

Author: /time Magazine | Title: Shaw Thing | 1/22/2009 | See Source »

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