Word: foundered
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Dates: during 2000-2009
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...Children learn a lot just by observing their parents' behavior, so mom and dad need to set a good example, too. Carl Tancaktiong, son of the founder of Philippine fast-food empire Jollibee, admits his childhood was pretty plush. "I don't remember not getting anything I wanted," he says. Yet Tancaktiong, 28, says he has grown up to be reasonably frugal, not because his parents lectured about money, but because they had down-to-earth spending habits themselves, eschewing luxury-brand clothing and expensive cars. Tancaktiong, a general manager of one of the company's Chinese chains, says...
...worry even to - perhaps especially to - the superrich. In a recent interview in London's Sunday Times newspaper, Indian-born steel tycoon Lakshmi Mittal said flatly that "money is a curse," and that he was concerned that extreme wealth might be spoiling his young kids. In June, Microsoft founder Bill Gates reiterated that he would donate most of his $58 billion to charity, rather than give it to his three children. That's tough love...
...Limits of Liberation I have a question for Ingrid Newkirk, founder of PETA (People for the Ethical Treatment of Animals) [Nov. 3]: Does owning an animal, or holding and petting it, deprive it of liberty? Mark Dymiotis, Melbourne...
...Billy Bartley, the son of the restaurant’s founder, is manning the counter while grilling six patties and 12 burger buns at the same time. Constantly chuckling and joking with his customers and employees, Bartley does not seem busy at all. The captivating smell of burgers and fries and the steaming heat from the grills are filling up the Cottage so much that one can nearly taste them...
...Bartley, the original founder of the restaurant, moved to Cambridge from Long Island when...