Word: profit
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Dates: during 1980-1989
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...result resembles a chic fashion magazine as much as a catalog; it is a hybrid that might be called a magalog. But, after studying the finances, John Chunko, vice president of Catalogue Media Corp., concludes, "By accepting ads, large catalogers are realizing that they can make $5 million in profit over five years and not hurt themselves...
Shelter, Inc. had planned to establish a 20-bed, transitional shelter for men and women trying to find permanent homes. The 11-year-old non-profit organization, which already operates a similar shelter at 109 School St. in Cambridge, had searched for two years to find a permanent location in the city's tight housing market...
Only a few people own the businesses swooped into the wave of profit, so only a few reap its rewards. At the same time, those on the bottom rungs are not only excluded from the "national" gains, but suffer further from government cuts in social spending and private cuts in wages...
...Cambridge, always quick to pick up new trends, seems to be on the verge of succumbing to the narrow attitudes of less progressive communities. Case in points the continuing effort to keep Shelter Inc., a non-profit private organization, out of the city...
Hunsberger has been playing rock-n-roll in Harvard Square since early 1984, when, at age 25, he left his job at MITRE, a non-profit company that advises the Air Force on technical matters. He worked there for a year and a half after receiving a Master's degree in Mathematics from the University of Oregon. Now he plays Dylan and Beatles songs in the street...