Word: profitability
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Dates: during 1970-1979
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...private power company, Cleveland Electric Illuminating (CEI), has as many reasons to buy Municipal Light (Muny) as the city has to hold on to it. (Muny made a profit of more than $200,000 last year while charging customers seven per cent less than CEI. CEI resents this competition and has long tried to strangle the city's company. In 1977, the Nuclear Regulatory Commission found CEI had violated the antitrust laws, and it ordered CEI to take 10 corrective measures, including transmitting cheaper power to Muny. The city is now pressing a $327 million antitrust suit against CEI which...
...their policies have been too great. Now, in another move to undercut the opposition to Harvard's lucrative hare in apartheid, including a financial boycott by many alumni/ae of the College, we are presented with an ambitious plan to educated black South Africans in the very institutions which profit from their oppression...
...health club operator, who asked not to be identified, said last night, the council is trying "to stampede a moral issue," adding that the new ordinance "will discourage alternative massage people who are not in the business for profit but for interest...
...lured into the market by boosters like John J. Raskob, the stenographer turned entrepreneur who built the Empire State Building. "Everyone ought to be rich," he wrote in an exuberant Ladies' Home Journal article; anyone who could invest $15 a month, he declared, could eventually reap a profit of $80,000. A Harvard behavioral psychologist named John Watson even found therapeutic value in speculation. "Sex has become so free and abundant," he theorized, "that it no longer provides the thrill it once did." Gambling on Wall Street is about the only thrill we have left...
...already begun creeping towards the political center, talking about anti-inflationary crusading and the need for good old American free market competition in many industries. He's even selling his national health program as a privately insured system, a chance for financial corporations to profit from the sufferings of the old and diseased...