Word: profitability
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Dates: during 1970-1979
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...million a year. Atlantic City officials have high hopes that the spinning wheels will pull them out of the massive slump this once glorious resort has been suffering. Fifty years ago, it was the leading vacation and convention center on the East Coast. Even before the casino turns a profit, the refurbished (at a cost of $35 million) hotel will be providing 2,000 jobs, increasing employment in Atlantic City by more than 10%. Several other new hotels, representing an investment of $300 million, are contemplated...
...little car to barbers, taxi drivers, anyone he encountered, even offering to finance their auto purchases interest-free from his own pocket. "People were mailing me checks for $50 a month," Wolfson once recalled. He eventually sold out his holdings in American Motors and made a $2 million profit...
...makes no difference whether the foreign funds are scared money fleeing political and economic uncertainties, or entrepreneurial investments seeking opportunities for profit. An open-door welcome for all is the least that can be expected from the world's principal champion of free-market capitalism. For all its problems, the U.S. remains a land where foreigners by the millions still see immense potential, plentiful resources, an unshakable faith in the sanctity of private property, and a trust in the rewards of initiative. Now that they are able to afford it, there is nothing that should stop them from trying...
...against University rules to sell anything on campus for personal profit since both shirts used the Radcliffe name when permission was neither sought nor given," Epps said yesterday...
While the Pomeranians can move away from the region, there is no quick cure for a dying ecosystem that took thousands of years to create. The Brazilian government has offered fiscal incentives for reforestation of the area, but profit-hungry companies respond by planting Australian eucalyptus and American pine, trees better suited for making a quick buck than for restoring an original habitat. Says Ruschi: "There are laws prohibiting the killing of rare species, but there are no laws preventing the destruction of the whole forest." Environmentalists are calling for conservation, but for many Brazilians, economic development remains...