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...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 »

...Everybody ... of course they're nervous," says Doty, 54, a Caterpillar machinist. But, he adds, "you've got to hope this thing is going to get turned around sooner or later. I don't think it'll be sooner, but you've got to stay positive." (See the worst business deals...

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

...seems impossible that a handful of companies could put nearly 80,000 people out of work in a day. Caterpillar (CAT), Pfizer (PFE), Texas Instruments (TXN), Sprint (S), and Home Depot (HD) did most of the damage. What was not seen in the headlines was the thousands of smaller American firms which also fired people over the same 24-hours. Could 200,000 people across the economy have been put out of work in one day? Of course...

Author: /time Magazine | Title: Creating Jobs Trumps Building Bridges | 1/27/2009 | See Source »

Nick's pathetic ardor for Tris has a surface plausibility, since she's been assembled from the used parts of a teen boy's fantasy. With her full mouth, caterpillar eyebrows, Naugahyde breasts and the inspiration, when aroused, to crawl onto a guy's car hood and leave her lipstick imprint on the windshield, she could be this year's Angelina Jolie knockoff. On the downside is her habit of ignoring Nick or, if she notices the guy, humiliating him. ("Can we go straight to laughing about this?" he asks after one abashing incident. That's his cure...

Author: /time Magazine | Title: Nick & Norah's Infinite Playlist: Enchanted Evening | 9/25/2008 | See Source »

Despite the raucous comedy, you still manage to fit in some beautiful scenes that are reminiscent of your earlier work. I'm thinking of one where the guys are in the woods playing with a caterpillar...

Author: /time Magazine | Title: Pineapple Express Director David Gordon Green | 8/7/2008 | See Source »

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