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...draw for anyone interested in Chinese history. Just don't expect to find too much history there. The town in China's central Hunan province has a museum, library and ersatz 1960s communal farm all dedicated to the founder of the People's Republic. His family home, cattle barn, shed, cattle pen and the family tomb have all been carefully preserved for the millions of tourists, many of them student groups on school-sanctioned "red tours," who visit Shaoshan each year. Newly built shrines - resembling the sort that might have been demolished as feudal relics in Mao's day - surround...

Author: /time Magazine | Title: Mao's Hometown | 2/5/2009 | See Source »

...Tuesday, Rickie Doty, president of the UAW Local 974 here, sat in his office and carefully considered the future. Just one day earlier, Caterpillar Inc., his employer of 35 years and one of the world's leading purveyors of construction equipment, announced it would shed some 20,000 jobs - nearly one-fifth of its global workforce. The announcement just made things official: the bulk of that astonishing figure is already off the Peoria company's books, including some 2,500 management-level personnel who accepted buyouts in recent weeks and 8,000 people who worked on contract or through agencies...

Author: /time Magazine | Title: Caterpillar Layoffs: How They're Playing in Peoria | 1/29/2009 | See Source »

...economy, the problem is that in many markets, houses still cost too much. Housing consultancy Zelman & Associates compared what houses cost with how much people earn and found plenty of markets - including Seattle; Miami; Norfolk, Va.; Philadelphia; Los Angeles; and Salt Lake City - where homes would have to shed at least 30% more in value to get back to being as affordable as they have been historically...

Author: /time Magazine | Title: Housing Prices Keep Dropping. And They're Not Done Yet | 1/28/2009 | See Source »

...time to shed the Bush-era belief that diplomacy doesn’t work. Unlike outright military coercion, simple diplomacy is a powerful tool whose countless successes greatly outnumber its failures. Although the Iranian Revolution and the Iranian hostage crisis of 1979 still leave many Americans bitter, the time for holding grudges has passed. Simply put, the potential for economic benefits, a more stable Middle East, and—perhaps most importantly—saving American soldiers’ lives are simply too great for the US to overlook, even in the face of such a gross offense to international...

Author: By Matthew H. Ghazarian | Title: It’s Diplomacy, Stupid! | 1/28/2009 | See Source »

...Healthy human beings carry 46 chromosomes, 23 contributed by the egg and 23 by the sperm. Eggs begin their development process with the full complement of 46, but shed half of them, tucking them into a small genetic bundle known as a polar body, which mirrors the chromosomes of the egg. Investigators at the U.K.'s CARE Fertility clinic, under the direction of Dr. Simon Fischel, harvested nine eggs from a woman who had undergone 13 failed cycles of IVF implantation and, in addition, suffered two miscarriages and an ectopic pregnancy. Using a laser scalpel, they extracted the polar bodies...

Author: /time Magazine | Title: Building a Better Baby: A New In Vitro Test | 1/27/2009 | See Source »

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