Word: profitability
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Dates: during 1990-1999
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...never worked seriously at developing Caspian wells, largely because they did not want to create competition for their already flowing Siberian oil. Moscow still feels the same but hasn't figured out how to head off the flow of Caspian oil or to grab a large chunk of the profit. Russia does insert an environmental argument: the oil industry could threaten the Caspian sturgeon and its oily treasure, caviar. For its part, Iran says it will cooperate in Caspian development only if it gets, say, a 20% share of the sea's resources. Both Russia and Iran prefer that pipelines...
Columbia/HCA, which owns and operates 330 hospitals, 150 surgery centers, and a variety of ancillary service centers, is the nation's largest for-profit health care provider with revenues of $19 billion...
...also have a way of being the solution to every problem, from low profit margins in mega-corporations to low test scores in public schools. Politicians and CEOs are racing to the soap box arm in arm, hailing you as the way out. If only the kids could have computers, maybe they'd become more literate, stop smoking cigarettes and cancel that shooting spree they were planning for the nonexistent recess...
...done." This being "A Novel of Business," each chapter follows a month in Lloyd's calendar, with an executive summary for bottom-line-only readers and a wry collection of pictographs and charts, like "Number of Laughs Enjoyed in Lloyd's Corporation As a Function of Profit Growth." Bing's style is highly readable: workers aren't fired, they're "decruited." And he can make the most loathsome corporate lizard amusing...
...banks tend to view technology as a profit center. San Francisco-based Wells Fargo offers a checking account that, after an allotted three free calls, charges customers 50[cents] to use its automated-voice-response telephone lines or $1.50 to speak to an agent to shift funds or ask questions. In a study of 470 banks released this month, USPIRG reported a rapid increase in the number of banks that impose a surcharge on noncustomers using their ATMs. Furthermore, bigger banks surcharge more often, and these fees average $1.35 more than small-bank surcharges...