Word: foundered
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Dates: during 2010-2019
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...willingness to adapt to changing market conditions has rarely let it down. Founder Jim Casey was 19 at the turn of the 20th century, when he started his private messenger service in Seattle financed by $100 of debt. By 1930, UPS had expanded to the East Coast. Air service was available in every state by 1978 and in 200 countries 15 years later. "As World War II ended, we were still primarily delivering housewives' packages from the market," says Greg Niemann, a UPS exec who worked at the company from 1961 to 1995 and is the author of Big Brown...
Doctors are often afraid to dispense high doses, sometimes at the expense of patients' daily functioning. "Those are the kinds of doses that get doctors arrested," says Siobhan Reynolds, founder of patient-advocacy group the Pain Relief Network. But as researchers figure out the best way to use their most powerful pain relievers, patients are beginning to benefit, Reynolds says. "More people are getting a very little bit of opioids, and that's good," she says. "But those who need high doses are still being put through hell. These drugs are a miracle for the right people: they...
...When he takes his turn on the hot seat on Wednesday, Akio Toyoda, the company's president and CEO - and grandson of its founder - will attempt to mollify his detractors with a heavy dose of contrition. "Toyota has, for the past few years, been expanding its business rapidly," Toyoda said in a prepared statement that he is expected to read at Wednesday's hearing. "Quite frankly, I fear the pace at which we have grown may have been too quick." He also said the company would give greater weight to customer complaints, mandate that managers drive the company's cars...
Formed in Austin, Texas, Shearwater are named after the graceful bird that inhabits several tropical islands. Co-founder Jonathon Meiberg, the singer, guitarist, and driving creative force behind the band, imbues his music with a romantic touch derived from his love of nature. His music overflows with emotion and spirituality, attempting to contrast nature’s purity to society’s artificiality...
...From Personality to PersonaBig as reality TV is, it's also just a facet of a larger shift in popular culture: changing attitudes toward privacy and self-expression. If you grew up with reality TV and the Internet, your default setting is publicity, not privacy. Mark Zuckerberg, the founder of Facebook, recently argued that sharing has become the "social norm...