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...Nature, Cornell entomologist John Losey and his colleagues reported that pollen from corn made pest-resistant by the addition of bacterial genes could spell trouble for monarchs. In his experiments, Losey scattered pollen from the genetically modified corn onto milkweed--the butterfly's only food during its larval or caterpillar stage--and watched what happened with alarm. Most of the caterpillars that ate these leaves either died or were stunted...

Author: /time Magazine | Title: Of Corn and Butterflies | 5/31/1999 | See Source »

...remain solid long-term holdings. But if you must lighten up on tech to broaden your portfolio, do it. Companies that build tractors, equipment, highways and skyscrapers--left for dead until a few weeks ago--may be in favor for a year or longer. The biggest cyclical names, like Caterpillar, International Paper and DuPont, have already had huge moves but probably still have room to run. Consider also an investment in a Wilshire 5000 or Russell 2000 stock-index fund. Both have a heavy slug of small- and middle-size basic-industry companies, which tend to rally as a group...

Author: /time Magazine | Title: Back to Basics | 5/17/1999 | See Source »

...swordplay (A Book of Five Rings) and reputedly killed 60 swordsmen before his 30th birthday; he then gave up killing in favor of painting and calligraphy. One of his ink paintings is in the show, a swiftly brushed image of a shrike balanced on a branch above a caterpillar that is crawling upward, presumably to its doom. It is a graphic masterpiece. You feel the tension in the body of the bird as it balances before striking, and every flick of the brush bespeaks alertness...

Author: /time Magazine | Title: Art: Style Was Key | 12/14/1998 | See Source »

...milder, but fairies were shown appearing in dreams to maidens whose sleep, as the phials by the bedside make clear, was induced by opiates. Then there were the magic mushrooms, which famously appear in Sir John Tenniel's illustration for Alice's Adventures in Wonderland--the stoned-out caterpillar sitting on one, puffing at his hookah--and more obscurely in Thomas Heatherley's Fairy Seated on a Mushroom, circa...

Author: /time Magazine | Title: Art: Flittering in the Dells | 11/23/1998 | See Source »

Meanwhile, a select few continue to reap the benefits of FSCs. Only about two-tenths of 1% of corporations that file tax returns have an FSC. Of those that do, fewer than 50 big exporters enjoy most of the tax benefits. Among them: AlliedSignal, Boeing, Caterpillar and Motorola, which together have escaped payment of more than $600 million in federal income tax over the past three years, thanks to their FSCs...

Author: /time Magazine | Title: Corporate Welfare: Fantasy Islands | 11/16/1998 | See Source »

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