Word: profit
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...itself as the eBay of online gambling because it enables people to place bets against one another. That has proved to be a recipe for growth: revenues almost doubled last year to $187 million, and more than 3 million bets per day now pass through the firm. But its profit margins are far lower than those of rival PartyGaming, for example, and its board recently decided against a public stock offering anytime soon...
...sustained efforts by students and police, Harvard’s bicycle theft numbers seem unlikely to go down any time soon.“Bicycle theft in the Cambridge area is incredibly high,” says Tim Ledlie ’02, founder of Quad Bikes, a non-profit bike shop. “It is a tough problem to solve.”In the last four years, numbers have been similarly high: 149, 141, 78, and 138 bikes were stolen in the years 2001-2004, respectively.National rankings consistently place Boston/Cambridge in the ten worst cities for bike...
...Ehrlich consumes over the years, its owners said.Ehrlich, who is planning on concentrating in economics, said he approves of b.good’s business strategy.“The marginal cost for one burger is relatively low,” he said. “I think the profit that I bring in will exceed the loss that they experience [from the free burgers].”But Ehrlich still plans to test the limit of his credit—and the restaurant’s productivity.In response to a question on the restaurant’s website about...
...part meeting that began in Geneva just under two years ago, the Tunisia conference has some heady aims. The most controversial issue going into the summit was who should control the Internet, which is currently managed by the California-based Internet Corporation for Assigned Names and Numbers, a non-profit company set up by the U.S. Department of Commerce to oversee the use of domain names, addresses and country domain suffixes. Although technology firms such as Google, IBM and Microsoft testified that ICANN is doing a good job with no interference, ever, from the U.S. government, developing countries insisted that...
...were fated to have a rocky relationship with Bob & Harvey Weinstein. Harvey yelled at or sat on people who irritated him too much, and the folks high up at Buena Vista weren’t going to let the Two Stooges boss them around just because they made tidy profits on over-hyped prestige pictures and Quentin Tarantino’s ego.But what does this change mean for American cinema? For once, I don’t have a glib yet sophisticated response, one that sums up the problem while retaining a chic distance.The Weinsteins, and their company, Miramax (whose...