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...17th centuries, taking Western learning with them. It was not a one-way exchange: Ming China was no slouch when it came to science and technology, and China's cartographic tradition was long and rich. Ricci's map is thought to be the first Chinese representation of the world as a sphere. But the map is at its most detailed in its depiction of China itself, an indication, as Professor Cordell Yee of St. John's College in Annapolis, Md., says, that Ricci was able to draw on Chinese gazetteers and atlases for his work...

Author: /time Magazine | Title: A World Map Under Eastern Eyes | 2/25/2010 | See Source »

...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 »

...from UPS may also be good news for Main Street. The Atlanta-based UPS and its main rival, FedEx, are in some ways economic bellwethers. The 15.1 million packages that UPS handles every day translate into about 6% of the U.S.'s gross domestic product and 2% of the world's. Consider too that the shipping giants may actually be lagging indicators. "In downturns, companies let inventories deplete before they restock," Becker says. "That means demand--and the economy overall--must go up significantly before UPS's business improves...

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

...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. "If we hadn't looked ahead and moved from retail to wholesale [shipping], we would have been...

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

What do overpriced Chinese food, expensive liquor stores, and George Daugherty, our familiar Spare Change newspaper vendor, have in common? They all find Cambridge to be a profitable spot for business. Renowned for being home to two of the most prestigious universities in the world, Cambridge can now also boast of being the 21st richest urban area in America...

Author: By Ada H. Lio, CONTRIBUTING WRITER | Title: Cambridge Is One of America’s Richest Cities | 2/25/2010 | See Source »

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