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...looks like this recession is finally over," declared Scott Davis, CEO of UPS, earlier this month while announcing 2009 earnings that were better than expected for the world's largest package carrier. Speaking to analysts on Feb. 2, Davis added, "Believe it or not, that makes 21 that UPS has successfully managed through...

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

...escaped this recession unscathed. Revenue last year shrank by about $6 billion from 2008, forcing widespread belt-tightening. Just last month, despite the improved outlook, Davis revealed a major restructuring that included 1,800 management and administrative layoffs. Two weeks later, on Feb. 8, he announced plans to furlough at least 300 of the company's 2,800 pilots. These cuts come on the heels of a 4% reduction in UPS's 408,000-strong global workforce...

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

Earlier this month, a visiting scholar at the Weatherhead Center for International Affairs made a proposal that left the blogosphere up in arms. During a speech at the Herzliya Conference in Israel on Feb.3, Kramer argued that the United Nations Relief and Works Agency should cease providing the citizens of Gaza with what he deemed to be “pro-natal” aid (aid that “deliberately encourages births”) to curtail its population’s radicalization. In a clip posted on his blog, Kramer asserts that the subsidies currently offered by the UNRWA...

Author: By The Crimson Staff | Title: Weatherheading the Storm | 2/25/2010 | See Source »

...whether it can be treated. McCarthy claims Evan was healed through a range of experimental and unproved biomedical treatments; even more controversially, she blames the MMR (measles, mumps and rubella) vaccine for giving her son autism. And yet research conclusively shows that vaccines are safe for children; just last month, the U.K. scientist who had published a study linking the MMR shot to autism was found by a British medical panel to have acted unethically. McCarthy says she does not believe all vaccines are bad - though she swears she will never allow Evan to receive another - nor is she saying...

Author: /time Magazine | Title: The Autism Debate: Who's Afraid of Jenny McCarthy? | 2/25/2010 | See Source »

...fight crime in Medellín, President Álvaro Uribe made a controversial proposal last month to pay 1,000 students $50 per month to serve as informants by sharing intelligence with authorities. Medellín's mayor and others have criticized the strategy, fearing it will turn students into targets of the conflict. Eduardo says the criminal underworld will be forced to respond by hiring people to spy on the student informants. "We'll have to involve a new bunch of people in this war," he says...

Author: /time Magazine | Title: In Medellín, a Disturbing Comeback of Crime | 2/25/2010 | See Source »

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