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...everyone now recognizes, the world at the turn of the 21st century is not multipolar but unipolar. America bestrides the world like a colossus. Such hegemony is rare in history because coalitions of rival powers invariably rise to challenge and cut down the big guy. Two centuries ago, Russia, Prussia, Britain and Austria rallied together to defeat Napoleonic France's bid for European hegemony. The miracle of the '90s has been the dog that didn't bark: Where is the opposition, where are the coalitions of second-rank states rising to challenge Pax Americana...

Author: /time Magazine | Title: A Second American Century? | 12/27/1999 | See Source »

Right now there are more large-cap companies outside the index than at any other time in history, because of investors' massive reweighting toward technology companies. Among those we consider potential admittees are JDS Uniphase, a $42 billion fiber optics company; online retailing colossus Amazon, with $36 billion in market cap; and Veritas Software, no Microsoft but certainly no slouch, with $28 billion in stock-market value. We wonder whether CMGI ($23 billion) or Internet Capital Group ($28 billion) can be kept out for long. Or how about Broadcom, or just created Red Hat, Sycamore, Juniper and Akamai, all with...

Author: /time Magazine | Title: The Index Game | 12/20/1999 | See Source »

Wall Street investors are fretting over the future of the global colossus, while business strategists ponder what went wrong. Last week Coke named Australian-born Douglas Daft, 56, who runs the company's Asia and Middle East operations, as president and heir- apparent. But that didn't do anything for Coke's stock price, which fell $4.125 a share last Monday on the news of Ivester's retirement--a 6% drop that knocked $9.9 billion off the company's market value--and dropped 75[cents] more by Friday's close...

Author: /time Magazine | Title: Springing A Leak | 12/20/1999 | See Source »

...clear that higher education is an economic colossus in Boston--and Harvard plays a large role," Rudenstine said...

Author: By Vasugi V. Ganeshananthan, CRIMSON STAFF WRITER | Title: Rudenstine Touts Harvard-Boston Relations | 9/30/1999 | See Source »

...rare undergraduate who truly cares about the powers that run this colossus of higher education. Stiff-necked bureaucratic types, after all, have little to say about whether you have a keg party in the Yard or spend your Saturday nights doing homework...

Author: NO WRITER ATTRIBUTED | Title: Variety of Administrators Shape Life at Harvard | 6/25/1999 | See Source »

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