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The essayist Edward Hoagland, in a splendid piece called "Dogs and the Tug of Life," mentions that the dog's sense of smell is at least a hundred times as keen as a man's. He goes on to become somewhat personal: "The way in which a dog presents his...

Author: /time Magazine | Title: A Nose for News | 2/15/2001 | See Source »

Rather than condemn the process per se, most of those who oppose genetic engineering do so with an eye to the modifications it allows. Preventing diseases is one thing, but the same procedure can also be used to prevent any condition the parents find inconvenient. Assuming such traits are controlled...

Author: By Stephen E. Sachs, | Title: The False Apocalypse | 2/13/2001 | See Source »

The buyout game is more complicated today. The typical LBO has three layers of financing--equity (put up by the buyer), senior debt (borrowed from a bank), and junior debt, or junk bonds (most often provided by junk-bond mutual funds). Banks are reluctant to lend for speculative buyouts with...

Author: /time Magazine | Title: Return Of The Buyout Kings | 2/12/2001 | See Source »

George ("Georgie," "Little George," "Bushtail," "Tweeds," "Lip," "Temporary," "Bombastic Bushkin," "Dubya") Bush knows from nicknames. As in Little Italy or Compton, there must have been something about the tightly knit Wasp community of Midland, Texas, some unique social condition that encouraged the cultivation of nicknames, because everyone had one. From...

Author: /time Magazine | Title: On Being Dubbed By Dubya | 2/12/2001 | See Source »

The news seems agitated. It arrives in surreal and disturbed condition - a notch stranger than its usual agitated banality. The surreal can be hilarious, too, of course. I have before me a headline from the Wednesday Business section of the New York Times: "TRADE FEUD ON BANANAS NOT AS CLEAR...

Author: /time Magazine | Title: A Night to Remember | 2/8/2001 | See Source »

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