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...will benefit the development of biotechnology. Most of the 200 or so small, research-oriented companies in the industry may need the resources and expertise of a large corporation to bring their discoveries quickly and successfully to market. The question remains whether or not biotech innovation will continue to flourish under the banner of the FORTUNE 500. Hybritech President David Hale, for one, thinks that it will. Says he: "We will continue to operate independently, and we feel that the company can still foster its entrepreneurial atmosphere as a subsidiary of Lilly...

Author: /time Magazine | Title: Going for the Gene Green | 4/18/2005 | See Source »

That radio continues to flourish more than three decades after it was supposedly doomed by television will come as a surprise only to those who confidently predict the demise of every old technology the minute a new one comes along. Although radio was forced into the background by TV during the 1950s, the medium did not die; it merely took on new forms. As TV became the nation's main purveyor of mass entertainment, radio turned predominantly local and aimed to please smaller, more specific segments of the audience. The whole family might gather around the TV set at night...

Author: /time Magazine | Title: Show Business: Friendly Sounds in the Dark | 4/18/2005 | See Source »

...yellow and furnished it in 19th century French décor. Wednesday night Reagan will give a dinner. At present no parting ceremonies are scheduled, but American advancemen have staked out a theater the leaders can use Thursday morning if they reach any understanding they want to formalize with a flourish...

Author: /time Magazine | Title: Geneva:The Whole World Will Be Watching | 4/18/2005 | See Source »

...were in the competition." But Douglas Ross, Michigan's secretary of commerce, was more upbeat. "We win, no matter where the Saturn plant goes," he said. "If Saturn learns how to build cars competitive with the Japanese, that means the American auto industry centered in Michigan will survive and flourish...

Author: /time Magazine | Title: GM Picks the Winner | 4/12/2005 | See Source »

...beaten. Now, three years after the Taliban defeat, singers are wandering back from exile in Europe and the U.S. to a tumultuous welcome, and Kabul's virtuosos have unearthed the instruments they buried in their gardens. Songs blast from Kabul shops, and more than a dozen radio stations flourish around the country. Mirwais, one of the first to sing in public after the Taliban's ouster, is at the vanguard of this revival. Despite his youth, he recognizes the enormity of the change. In the old days, he says, "If the Taliban caught me, they would have shaved my head...

Author: /time Magazine | Title: Kabul's New Sensation | 4/4/2005 | See Source »

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