Word: profit
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...world—including Bill Gates, the former CEO of Ebay, and the former Chairman of the Securities and Exchange Commission—gathered at the Global Business Summit in the midst of the current financial crisis to discuss the evolving role of the leader in the non-profit, government, and for-profit sectors...
...much-discussed exhibition, which closed last week, was organized by the Citizens Commission for Human Rights, a group that counts the Church of Scientology as one of its sponsors. According to the group’s Web site, the “non-profit public benefit organization” hopes to “clean up the field of mental health...
...former Goldman Sachs CEO, and mega-investor Warren Buffet, who called the bailout "the right thing" for Congress to do, had just bought a huge stake in Goldman Sachs. These are clear signs that the big money-men are likely to turn the bailout to their own profit. Banks and firms that bet on paper securities not backed by real assets should be left to die on their own swords. Sivaswamy Mohanakrishnan, Auckland...
...instead UPMC healed itself, devising a new health-care model that is more entrepreneurial: it is 60% health-care provider and research institution, 30% for-profit company that operates a health-care insurance subsidiary, and 10% commercial-services exporter running emergency rooms in the Middle East and transplant and cancer programs in Europe. It looks to companies such as Siemens and General Electric as role models, since both do basic research but have to develop profitable products. UPMC has formed a joint partnership with GE, called Omnyx, to develop an information-technology-based digital pathology business. Each company is investing...
Rajaram had even been lucky just before California's housing bubble burst, according to his former Northridge neighbor and real estate agent Sue Karns. He sold his home two years ago for $750,000, making a sizable profit on the property he and his wife had purchased in 1997 for $274,000, according to The Los Angeles Times. He then moved to the Sorrento Pointe house, planning to rent for a few years before buying again...