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...meaning salaries are higher. Over the years, however, this has engendered tremendous loyalty to the firm--the average tenure for drivers is 16 years. UPS will try to reward some of that loyalty by restoring raises to about 40,000 managers and unfreezing 401(k) matching. Citing strong free cash flow, it will also up its dividend. "We're not hiring yet, but we hope to be soon," Davis says. In other words, recovery is en route...

Author: /time Magazine | Title: Road to Recovery | 2/25/2010 | See Source »

...depth for Islamabad, much in the same way it has allowed the anti-Indian terrorist group Lashkar-e-Taiba and the leadership of the Afghan Taliban to exist in safe havens in Pakistan. "Rigi was a lever with which to have some leverage with Iran, a check Pakistan could cash in," says Bokhari...

Author: /time Magazine | Title: Iran's Arrest of an Extremist Foe: Did Pakistan Help? | 2/25/2010 | See Source »

...jobs in education. No amount of penny-pinching is worth these costs. Understanding that the loss of state aid and tightening budgets are serious matters that have been approached with care and deliberation, we still argue that laying off teachers should not be a recourse for states strapped for cash. In this sense, the debate between seniority and merit need not take place, for there should be no across-the-board layoffs of teachers...

Author: By The Crimson Staff | Title: Lay Off Layoffs | 2/24/2010 | See Source »

...eggplant parmesan sandwich. We are paying a hefty fee for our meal plan, with an individual dinner for a guest costing fifteen dollars without tax. We should be able to get the most out of this price. It makes little sense to drain our limited BoardPlus, or spend actual cash, on cooked food when there is a good, “free” alternative. (Thus, stealing is in some ways a compliment to the taste quality of HUDS cooking.) Additionally, the food presented in a buffet style seems to be begging to be taken out in as many Ziplocs...

Author: By Matthew S. Chuchul | Title: Legalize Annen-burglary | 2/23/2010 | See Source »

...firms have good reason to rush to Libya. The oil-rich nation is sitting atop a giant cash surplus, with foreign reserves of nearly $140 billion. Muammar Gaddafi, who has ruled Libya for four decades and was once described by Ronald Reagan as "the mad dog of the Middle East," has said he intends to spend a lot of that money overhauling his country's creaking infrastructure, which was barely updated through more than two decades of international embargoes. (U.S. sanctions were lifted in 2004 following Libya's abandonment of its nuclear weapons program.) (See pictures of Colonel Gaddafi...

Author: /time Magazine | Title: After 37 Years, the U.S. Arrives to Do Business in Libya | 2/22/2010 | See Source »

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