Word: profit
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...casino-hotel-entertainment complex with a new partner, Hard Rock Cafe International. The casino-resort, which will also have convention facilities, a beach club and a spa, will add to the Seminoles' lucrative gaming business. Last year the tribe's two casinos, in Hollywood and Tampa, made a combined profit of $216 million on revenue of $254 million--a return of 85%. By comparison, General Electric, often described by the media as America's best-managed company, reported net income of $13.7 billion for 2001, an 11% return on revenue...
...buyers have always added features, a major profit driver for automakers and customizing shops that garners an estimated $26 billion-plus in sales each year. Gary Cowger, president of GM North America, says the trend toward personalization is evident in sales of the Hummer H2, a favorite of affluent baby boomers. Sales of accessories like running boards, brush guards and roof racks are "much better than we expected," he says...
...software could find links in customer buying patterns and improve retailers' inventory decisions, perhaps it could find links among the government's vast terrorism-related intelligence warehouses and enhance the government's ability to prevent the next attack. After 9/11, many tech companies saw opportunities for both patriotism and profit. Oracle offered to donate the software to create a federal identity database. Siebel Systems CEO Thomas Siebel boasted to a House subcommittee that had his company's software been used by law-enforcement and intelligence organizations before 9/11, "there may have been a different outcome...
...Nightmare Does Nestlé know it's Christmas? The Swiss food behemoth (net profit last year: $4.69 billion) decided to pursue a $6 million claim against the government of Ethiopia for a 27-year-old suit, at a time of year when people are supposed to be focusing on the less fortunate. Company spokesman François Perroud found himself facing irate BBC Radio 4 presenter John Humphrys: "You're going to get this money whether people starve or not." Replied Perroud: "I can't quite understand your hostility." Humphrys: "There are starving people in Ethiopia, that's where...
...Miata, introduced in 1989, is still purring along, with around 15,000 sold each year. Though Chevy's Corvette celebrates its 50th birthday next year, it still accounts for a third of all U.S. sports-car sales, and with its price pushing $50,000, it turns a nice profit...