Word: profit
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...decision to transfer control of 42 public schools to private organizations is the wrong remedy and threatens the mission of public education. The plan, approved last week by a bitterly divided Pennsylvania School Reform Commission, places 20 formerly-public schools under the power of the for-profit corporation Edison Schools Inc., five under the control of Temple University, three under the University of Pennsylvania and the remainder under four lesser-known organizations. These firms will exercise full control of school budgets and will likely have unchecked power in hiring and firing decisions...
...grim reality: until AOL can offer easy access to premium content such as movies and music on demand, not enough customers will pay even the $55 a month it charges today for its broadband service. Those who do--the early adopters--are actually cutting into AOL profits. Every time one of its dial-up customers shifts to broadband, the AOL service goes from a nearly 40% profit margin to one potentially as low as 10%--mainly because it has to share broadband revenue with cable partners...
...heart drug. The results were telling: 96% of the researchers who were supportive of the drug had ties to companies that manufactured it, and only 37% of those critical of the drug had such ties. As more and more scientists either own stock in or get funding from for-profit companies, the ones who have no industry connections are increasingly rare...
Manufacturers aren't the only businesses that can profit from forecasting software. Internet companies use it to predict when their sites will get the most hits so their servers don't crash. Credit-card companies calculate who is likely to default. And looking at such factors as employees' ages, salaries, number of years on the job, how often they have changed jobs in the past and opportunities in their fields, human-resources departments predict which employees are most likely to quit...
...Costco is not yet turning a profit on its Japanese operation, but still plans to build up to 70 stores there. Wal-Mart is edging into this market too, having recently taken a stake in ailing, 400-store food-and-clothing chain Seiyu. In fact, hypermarkets have aggressive expansion plans throughout Asia. Superstores face slowing growth in saturated home markets. They need to expand their territory to maintain growth rates. Wal-Mart intends to boost its international sales?now less than 20% of its total revenue?to a third of total revenue within five years. That means building new stores...