Word: profit
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...industry when they shift attention from conditions promoting poor diets to the individuals who consume them. Government should be doing everything it can to create conditions that lead to healthy eating, support parents in raising healthy children and make decisions in the interests of public health rather than private profit...
...debt-free, $15 million-a-year business. In 1999 he launched Drunknmunky, an Asian-influenced men's street-wear line that pulls in the bulk of the company's revenue. Battling low-cost production from competitors in China and elsewhere, Kim decided to pursue the higher profit margins in design and retail. "That's where I believe the industry is going: either you're a brand or you're dirt cheap," he says...
Everyone in Japan uses their cell phone for data; in China, about 70%. Cell phones are fashion statements, and people buy new ones every six to nine months. Shanda Interactive, which operates online games, went public last week in New York. It generates $33 million a year in profit just three and a half years into its existence. The funniest example of a niche market is Neowiz, which sells virtual clothing for the virtual person you steer through cyberspace. That's a $100 million-a-year market. Profit margins are pretty good on virtual clothes. Ring tones for cell phones...
Langone has steadfastly defended Grasso's pay, appalling though it might have been by the standards of a not-for-profit institution like the N.Y.S.E. In fact, the basis for Spitzer's suit is a New York not-for-profit law dictating that pay be reasonable for services rendered. From 1999 through 2002, Grasso was paid more than $76 million--more than a third of the exchange's net income in that period. Langone has argued that Grasso was worth every dime, in part for getting the markets running after the Sept. 11 terrorist attacks. Grasso's lawyer has said...
...chairman Harvey Weinstein, whose Disney bosses had forbidden him to release the film, paced nearby and chortled, "They say I've lost my edge? Have I lost my edge?" He had not. He spent the rest of the week negotiating with a flock of U.S. distributors hoping to profit from the film's marketable notoriety...