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...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 »

...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. "If we hadn't looked ahead and moved from retail to wholesale [shipping...

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

After the conference, the resident of the Portugese-speaking nation shocked the guest speaker with her near-perfect English. Later, Marques offered to help Cavallaro, a vegetarian, navigate the meat-heavy Brazilian restaurant scene. Language would further unite them, as their multilingualism allowed the pair to banter in what Cavallaro calls “Portuinglês.” But most important of all was their shared passion for advancing human rights across the globe...

Author: By Danielle J. Kolin and Naveen N. Srivatsa, CRIMSON STAFF WRITERS | Title: Dedicated To The Cause: Activists To Take the Helm at Currier House | 2/25/2010 | See Source »

Three years later on Dec. 30, 1998, Cavallaro and Marques exchanged vows in Rio de Janeiro. Renting an apartment overlooking the beach, the newlyweds held both a wedding party and a New Year celebration, a holiday complete with music and fireworks rivaled in Rio only by Carnival, Brazil’s most famous festival...

Author: By Danielle J. Kolin and Naveen N. Srivatsa, CRIMSON STAFF WRITERS | Title: Dedicated To The Cause: Activists To Take the Helm at Currier House | 2/25/2010 | See Source »

...refugees separated and tried to escape the country. Marques’ mother fled to Chile, and a family friend took charge of the infant Marques. The child and her mother reunited in Chile, believing they had found their safe haven, but their hopes were dashed only a few days later when a military coup overthrew democratically-elected president Salvador Allende and elevated General Augusto Pinochet to power...

Author: By Danielle J. Kolin and Naveen N. Srivatsa, CRIMSON STAFF WRITERS | Title: Dedicated To The Cause: Activists To Take the Helm at Currier House | 2/25/2010 | See Source »

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