Word: profitability
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Dates: during 1970-1979
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...production contracts were made between the Government's Reconstruction Finance Corporation and the private corporations on a cost-plus-fixed-fee basis. The Government saw no reason why defense contractors should not be allowed to make a profit...
...planemaker was looking good. It had more than $750 million in cash and, after its slow start, its ten-year, $1 billion investment in the DC-10 was about to pay off. The company needs 400 sales of the $40 million plane to cover costs and start making profits. It has already delivered 281, received firm orders for 49, and taken options-which buyers could still cancel-for 50. Last year the Douglas commercial-plane side, which McDonnell had acquired in 1967, lost $60.3 million, mainly because of unrecovered DC-10 costs. This was more than offset by the pretax...
John Y. Brown knew how to sell chicken, that was for sure. The ex-encyclopedia salesman bought Colonel Sanders' Kentucky Fried operation and parlayed it into an empire that he sold for an estimated $35 million profit. But even with all his money and with the help of his new wife, TV Personality Phyllis George, it was unclear whether he could sell himself as the nominee for Governor to the Bourbons, thoroughbreds and mountain boys of Kentucky...
...purporting to provide the answer for everyone else--that is an artifact of the media and that has nothing to do with what we were trying to accomplish, nor did the interest in the media arise in any way from our efforts. So whether or not other colleges profit in any way or adapt their curriculum from ours is something that is hard for me to predict. My guess is that there will probably be some colleges perhaps that would find their situations sufficiently like ours and order their educational priorities sufficiently like ours that would lead them to change...
...building their hopes for financial independence on student employment. Congress has more than doubled funding for the College Work Study Program, granting $2 million to Harvard and $400,000 to Radcliffe in 1979-80. CWSP provides a subsidy of 80 per cent of students' salaries for jobs with non-profit organizations, including Harvard. Lawrence E. Maguire '58, director of student employment, says the program has doubled in the past three years and probably will double again next year. CWSP funds are available only to students on financial aid. About 1500 Harvard and Radcliffe students took jobs under the program...