Word: ge
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...your appetite for lázenské oplatky (huge wafer-thin cookies with a sugary filling), washed down with punch and mead. The market in Brussels stretches from the 17th century Grand Place to Place Sainte-Catherine with its open-air ice rink; the highlight is the Manège d'Andréa, a surrealist carousel with flying frogs, bionic spacemen and Jules Verne spaceships. In Rome, the market in the baroque Piazza Navona is worth a visit for its first-rate buskers alone. In Naples, the entire Via San Gregorio Armeno is given over...
...deductibles as high as $1,000 a year. Other firms, such as General Electric, have launched variable premiums for family coverage, so that a worker pays depending on the size of his or her family. "There used to be two payment levels--single and family," says Gary Sheffer, a GE spokesman. "Starting in 2004, we will go to single, two people and then three or more. And your premiums will go up as you go up that hierarchy. You pay more if you have higher use, and obviously families will have higher use." Boeing has for several years charged workers...
...preserve the break, the synfuel industry is lobbying intensely in Washington. The industry's Council for Energy Independence, whose members include Headwaters, GE Capital, Pacific Gas & Electric and other utilities, investment firms and coal companies, has been meeting with officials from Congress and the IRS. Says Kies, a former chief of staff of Congress's Joint Committee on Taxation, who heads the effort: "There is a lot of energy being put forth on behalf of taxpayers to force the IRS to back off of this...
...long struggle," says Bob Wright, 60, CEO of NBC and the man who would run NBC Universal. A day after the announcement, the GE executive relaxed in a corner office at NBC's Burbank, Calif., studios. Wright had spent the day in shirtsleeves, greeting Universal executives at a chicken-and-penne lunch and joking with his top lieutenants...
...GE, the marriage seems like an uncharacteristic risk, but perhaps a necessary one. Many of GE's divisions--plastics, power turbines, insurance--are faltering in the weak business climate. The company missed its storied, double-digit annual growth last year and may again this year; the stock has been halved from its high of $60 in 2000. Back in 1986, CEO Jack Welch diversified with a similarly risky move--by acquiring NBC. It paid off; NBC's profits surged 20% for the first half of this year, ahead of every other group save one. The merger, says Wright, shouldn...