Word: generous
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...company's 594,000 retirees and their families. Forced by new accounting rules to reflect the burden of its retiree benefits more clearly on its books, GM had to bite a $20.8 billion bullet. Two months ago, Ford took a $7.5 billion hit for the same reason. Those generous promises made to workers over the years have turned out to be far more expensive than anyone expected, since advances in medicine mean that people live longer after retirement and require more care. Many U.S. firms are slashing or eliminating their retiree benefits. GM, which will open talks with the United...
...Ecole des Beaux-Arts is jammed with the press and the fashion faithful -- a tribute to the stir that de la Renta and Balmain are causing. On hand are a healthy number of designers and well-known customers: Valentino, Claude Pompidou, some major Agnellis and Rothschilds and a generous sprinkling of American celebrities, among them Marisa Berenson, Paloma Picasso, Mica Ertegun and Barbara Walters...
...mirrors, without many people noticing. A second group of objects, vacuum cleaners displayed in highly lighted Plexiglas cases, failed at first to excite the indifferent collectors. How could this be? "I've always loved sales," Koons remarks in the catalog, "and to me, being a salesman is being very generous to the public because you're meeting the needs of the people...
...think of any other historian whose teaching was so important to so many people. His courses were a major force in Harvard's intellectual life, and through Harvard, as through other universities in which he taught, in the country at large. And over the years he was a warm, generous, and supportive friend to generations of students, and to his colleagues. Bernard Bailyn, Adams University Professor
...gift is the most generous in a long history of Pforzheimer family's involvement with Harvard and Radcliffe...