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...There were a number of problems with the Lisbon agenda, such as the fact it had too many targets and there were political splits on issues like opening up labor markets. But another issue was that E.U. leaders were simply unwilling to overhaul their economies - and there was no enforcement mechanism in place to put them into line. Ann Mettler, head of the Lisbon Council, a Brussels-based think tank, says European leaders have been too cautious about reform, backing off, for example, when it comes to tackling energy oligopolies and inefficient, formerly state-run telecom operators...

Author: /time Magazine | Title: Europe's New Economic Strategy: A Miracle Cure? | 3/2/2010 | See Source »

...that labor that they complained about—they had forgotten about most of it by the time they came back from the longer vacation,” Sadique says...

Author: By Melody Y. Hu and Eric P. Newcomer, CRIMSON STAFF WRITERS | Title: Schedule Change Amplifies Stress Among Students | 3/1/2010 | See Source »

Abroad, though, is also where UPS faces some of its biggest risk. Increasingly stringent environmental laws and rising costs for Asian labor and raw materials all make this business vulnerable. An even more immediate concern is the possibility of government-imposed tariffs or border restrictions. "Global trade is going to lead this recovery," Davis says. "I get on my bully pulpit against anything that could impede...

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

...home, UPS treads a fine line on labor costs. Unlike at FedEx, most of its workers are unionized, 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 »

...posters show Marianne - the Phrygian-bonneted symbol of the French Republic - barefoot, swathed in pure white and very pregnant. That, critics say, sends the chauvinist message of women as chaste, stay-at-home types whose sole function in life is to provide their husbands with children needed for labor and warring. Some detractors say the images also exploit women for political purposes. "The hand of the state shouldn't be in my uterus," wrote a blogger on the feminist website Le Féminin l'Emporte on Feb. 18. "And certainly not to look for money...

Author: /time Magazine | Title: In France, Sex Sells — Even in Anti-Smoking Ads | 2/25/2010 | See Source »

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