Word: profit
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This was an important consideration for WHRB which, although non-profit, needed to cover operating expenses. “When you reach more people, the advertising rates increase, as do the breadth and range of potential advertisers,” says John R. Menninger ’57, the station’s chief engineer at the time. In 1956 WHRB President Geoffrey M. Kalmus ’56 told The Crimson that WHRB might soon make the switch...
Today, though, prices at the pump in the U.S., adjusted for inflation, are approaching those record 1981 levels for the first time. The company now called ExxonMobil turned a profit of $39.5 billion last year (on sales of $365.4 billion), more than any other corporation ever. Yet it isn't making nearly the investment in finding new oil that...
Multinational pharmaceutical companies are out of hand with their pricing. While it is acceptable that they should make a reasonable profit, they have gone beyond that. Some of their profit margins reveal their obscene greed. Why do medications cost 77% more in this country than they do in Canada? We have the best politicians money...
...just may be the cool place to find trendy fashions at a fair price this summer. These are not the musty, downmarket stores of yore. The best ones are as carefully curated as a Soho boutique; put a premium on current styles, not vintage novelties; and turn a healthy profit...
...just $7 a month-old shirt that retailed for $21 at Charlotte Russe or Forever 21. By buying only what they know is already popular and paying sellers 35% to 50% of the price for which they plan to resell each item, the stores can virtually ensure a profit...