Word: profit
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Dates: during 1980-1989
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...Confused? In need of guidance? To aide the crowds that mill around Harvard every day, Cambridge has constructed its answer to the Johnston Gate Guardhouse: a Disneyland-style information booth in the heart of Harvard Square. The $35,000 pink and blue structure, funded and operated by a non-profit group called Cambridge Discovery, is primarily aimed at helping tourists with their information needs...
Retailers agree that cycling is hot on the trail of jogging and skiing as a full-fledged consumer sport. Profit margins, they say, are higher on clothing and accessories than on bicycles. When industry executives and dealers gathered in Las Vegas last October for their annual convention, the program kicked off not with a display of bikes but with a fashion show of cycling togs modeled by the Los Angeles Rams cheerleaders. Says Stephen Ready, executive director of the National Bicycle Dealers Association: "There is a renaissance in the bicycle industry that is being led by chic clothing...
...make life better for people." He pledged both to "further strengthen centralization in strategic areas of the economy" and "at the same time . . . to broaden the autonomy of production associations, enterprises, collective and state farms." He would accomplish this, he said, in part by using "such tools as profit, pricing, credit and self-sufficiency of enterprises," all designed to achieve less, not more, central control. Contradictory though his program might be, Gorbachev implied that his stress on revving up the Soviet economy would require a relatively peaceful, stable relationship with the rival superpower if he is to realize his goals...
...video stores represent an important new source of income for Hollywood. Home-video revenues only slightly offset the deficits of big-budget extravaganzas like The Cotton Club and Dune. But smaller films can go a long way toward recouping their costs with cassette sales. "The producer can anticipate a profit even without a theatrical success and, in some cases, without a theatrical release," says Jon Peisinger, president of Vestron Video. "More movies today are created simply on the basis of potential revenues from home video." Vestron was the distributor of The Warrior and the Sorceress, for example, a low-budget...
Compared with the misfortunes of Union Carbide, Job had it easy. The company's problems began nearly a decade ago with a profit slump that has persisted ever since. Then this past December came the leak of methyl isocyanate gas from a plant in Bhopal, India, which killed 2,500 people and provoked more than $100 billion in lawsuits. Last month Union Carbide fell deeper into trouble when a toxic leak in Institute, W. Va., sent 135 people to the hospital and prompted an additional $88 million in suits. Now Union Carbide faces a potential assault by corporate raiders...