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...understandable that last year, for the first time ever, asset growth in individual stocks outpaced that of funds at discount broker and fund supermarket Charles Schwab. Or that No. 1 Fidelity has been stepping up promotion of its brokerage services, as more customers have looked to open hybrid portfolios made up of stocks and funds. "This industry has grown so rapidly that there is a shortage of good managers," says Bridget Macaskill, CEO of Oppenheimer Funds. "But mutual funds are fundamentally a good tool for small investors...

Author: /time Magazine | Title: Mutual Fund Meltdown | 6/14/1999 | See Source »

...Beijing is finally struggling to recast its military priorities. The process began in the early 1990s, at the very top of the armed forces, when politicians pushed the military to streamline its command-and-control structure. The old model for communications, logistics and war fighting was an astonishingly inefficient hybrid that mixed the ideological militarism of the Long March with old-style Soviet doctrines about how to fight on land. Instead the Chinese are toying with a far more flexible-force structure, one that would rely more on highly mobile, highly modernized soldiers. Overall goal: a military that could fight...

Author: /time Magazine | Title: China's Muscle: Birth Of A Superpower | 6/7/1999 | See Source »

...schedules in three weeks. Lynch's Mulholland Drive is almost sure to get the go-ahead. Imagine's other contenders are Student Affairs, a one-hour tongue-in-cheek soap opera about students at a college in the Midwest that UPN is considering; Thirty, a half-hour comedy-drama hybrid for ABC that shakes up the now familiar Friends formula; Eli's Theory, a half-hour drama for WB about a single father raising his six-year-old genius son; and Agro & York, for Fox, a puppet show set in space. On the drama front, Chicago Hope's Peter Berg...

Author: /time Magazine | Title: Television: Firing Up The Imagination | 5/3/1999 | See Source »

What sounds like a toilet cleaner, tae-bo is a martial arts aerobic hybrid workout sweeping the country and has even spawned copycat scam workout...

Author: By Baratunde R. Thurston, | Title: Why Life Is a Scam | 4/6/1999 | See Source »

...hundred years ago, the English economist Thomas Malthus calculated that the world's population would soon outstrip its food-growing capacity. What he didn't anticipate was Norman Borlaug. Working in Mexico from 1944 to 1960--long before the advent of modern biotechnology--the U.S. biologist developed a hybrid strain of wheat that was enormously more prolific than its natural cousins. Borlaug's "miracle wheat" allowed Mexico to triple its grain production in a matter of years, and when his hybrid was introduced in south Asia in the mid-1960s, wheat yields there jumped 60%. Miracle strains of rice...

Author: /time Magazine | Title: Putting Science To Work | 3/29/1999 | See Source »

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