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...latest innovation, detailing the way new money forges its legacy. In an age when health-care advances deliver longer life spans, latter-day tycoons have become more concerned with how they'll be thought of once their working days are behind them. By contrast, Henry Ford, the symbol of innovation and entrepreneurship in the first half of the American Century, waited until his 70s to become charitable. Ford, accused of both racism and anti-unionism, was unable to improve his public image during his lifetime. It appears Gates doesn't want to go down the same road...

Author: /time Magazine | Title: The Motives Behind Bill Gates' $5B Giveaway | 1/25/2000 | See Source »

...Ford, Nissan and other carmakers are focusing their attention on a generation barely old enough to drive, because the 70 million or so echo boomers (born between 1977 and 1994) may grow up to be the most affluent generation ever. But unlike their parents, the echo boomers claim to have no interest in driving elephantine, fuel-swilling sport-utility vehicles and trucks...

Author: /time Magazine | Title: Small Breakthrough | 1/24/2000 | See Source »

...executives weren't making impassioned pleas for attracting younger buyers, they simply turned to the babies themselves, who appeared in person or on MTV-inspired videos, twentysomethings and teeny boppers cooing over the many cars now aimed directly at them. Two of the industry's new youth magnets, the Ford Focus and the Nissan Xterra, were voted car and truck of the year last week--coveted awards issued by North American auto journalists...

Author: /time Magazine | Title: Small Breakthrough | 1/24/2000 | See Source »

That's why carmakers are redefining the long-forgotten small-car segment, for which they are dreaming up new vehicles like DaimlerChrysler's PT Cruiser and the Ford Escape. These latest creations may not be quite as fuel thrifty, but they are vast stylistic improvements over the lackluster econo-boxes of the 1970s and '80s. They have to be. The next generation wants a lot more for its money (or Mom and Dad's money), so today's small cars are bulging with what the trade calls content--everything from power windows to CD players to telescoping steering wheels...

Author: /time Magazine | Title: Small Breakthrough | 1/24/2000 | See Source »

...Bicentennial Wagon Train capsule: along with the signatures of 22 million Americans, it was stolen on July 4, 1976, just before Gerald Ford was to bury...

Author: /time Magazine | Title: If Saving Time in a Bottle, Don't Lose the Bottle | 1/1/2000 | See Source »

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