Word: profit
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Dates: during 2000-2009
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...Enter Pro Publica, a non-profit news organization devoted solely to investigative journalism and funded to the tune of $10 million a year by California-based philanthropists Herb and Marion Sandler. With a staff of 18 journalists (10 additional reporters have yet to begin), the group hopes to release their stories for free through exclusive deals with major media outlets such as the New York Times, The Atlantic and 60 Minutes, among other potential partners. On June 22, its first major story - about Al Hurra, a U.S.-funded Middle Eastern TV network that has broadcast anti-American propaganda - aired...
Consumers: The Party's Over Oxford Street, London's busiest retail area, is still teeming with shoppers hunting for end-of-season sales bargains, but the store owners are anything but happy. Marks & Spencer's stock dropped 25% in a day on July 2 after the firm issued a profit warning. At privately owned rival John Lewis, sales in the summer-clearance week at the end of June fell more than 8% compared with the same week in 2007. Patrick Lewis, who heads the company's retail operations, said the market "has certainly got an edge tougher...
...which also includes MSNBC.com and CNBC.com) before selling the entertainment arm to a digital media company such as Google (which owns YouTube) or Apple. "The Weather Channel would add some icing to the cake," says Nicholas Heymann, an analyst for Sterne Agee & Leach. As syndication fees have evaporated and profit margins have thinned, TV companies have become less attractive assets. GE "has to start lighting a fire under its stock," notes Heymann...
Environmental protection isn't just a good-neighbor policy; it's an industry, and a new way for Japan to turn a profit from China's economic boom. Selling eco-friendly technology is potentially big business, and one in which Japanese firms still have a tremendous competitive advantage. Toshiba's Westinghouse unit, for example, (yes, once part of a famous U.S. company) is building four advanced nuclear reactors in China at about $3 billion to $4 billion each. Nippon Steel, Japan's largest steelmaker, introduced a type of eco-friendly coke-making technology called dry-quenching in China that...
What put Twain off about religion was its bossiness and its alignment with corrupt community values that people--those standing to profit--insisted on calling a higher power. The very expression "moral sense" made him curl his lip. He denounced his own conscience, which frowned upon his anarchic instincts, his love of enjoyment, and made him feel guilty and rebellious...