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...visible crests of massive limestone reefs that extend from the sea floor to the surface. The limestone is made of the consolidated skeletons of tiny marine organisms, including untold generations of coral polyps that millions of years ago began growing on the slopes of a long-vanished volcanic mountain chain--and have kept pace with sea level ever since...

Author: /time Magazine | Title: Where the Waters Are Rising | 4/18/2005 | See Source »

...Baxter merger put an end to American Hospital's four-month-old plan to combine with the Hospital Corp. of America, the nation's largest for-profit hospital chain. Baxter Travenol's $51-a-share offer, $15 more than HCA's previous bid, was grudgingly accepted by the American Hospital board only after irate stockholders, led by Financier Carl Icahn, threatened to throw out the board of directors...

Author: /time Magazine | Title: Business Notes: Jul. 29, 1985 | 4/12/2005 | See Source »

Anglo-French Millionaire Sir James Goldsmith jets frequently between London, where he controls Cavenham holding company, Paris, where he owns the magazine L'Express, and New York City, where he watches over his Grand Union grocery-store chain. Goldsmith, 52, last week added another stop to his travels: San Francisco. He emerged victorious after an eight-month battle for Crown Zellerbach, the $3 billion California-based paper and forestry giant, and was named chairman of the board. Goldsmith now controls 51.3% of Crown's 27.4 million outstanding shares, and his investment partnership, General Oriental Securities, will get six of eleven...

Author: /time Magazine | Title: Business Notes: Aug. 5, 1985 | 4/12/2005 | See Source »

Edward Dunbar seemed to have achieved the American dream. In the mid-1970s, the Castro Valley, Calif., resident started Dunbar Oil with a single discount gas station. When the oil crisis hit, business boomed, and Dunbar Oil grew into a chain of 34 stations strung around San Francisco Bay. By 1981 the company was earning more than $33 million a year...

Author: /time Magazine | Title: Business Notes: Aug. 5, 1985 | 4/12/2005 | See Source »

...store mice. Others are clearly extraordinary, waddling about on paws shaped like miniature dolphin flippers or swollen to the size of their larger relative, the rat. They are called transgenic mice, and in a nobly selfless fashion, they are revolutionizing modern biology. Hidden somewhere along the twisting chain of DNA found in every cell of their bodies are alien genes, injected by biologists. The study of these mutants and the effects of the interloping genes may help provide answers to such fundamental questions as what switches DNA on and off, and how a single cell blossoms into a complex organism...

Author: /time Magazine | Title: Science: Of (Transgenic) Mice and Men | 4/12/2005 | See Source »

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