Word: profitability
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Dates: during 2000-2009
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...crisis to point out what they regard as flaws in Western capitalism. On a visit to Europe in January, Premier Wen Jiabao called China a "great power" and then criticized "an unsustainable model'' of development in the West that partnered a lack of savings and "blind pursuit of profit." Vice President Xi Jinping, on a recent trip to Mexico, blasted his hosts for harping on China's human-rights record, saying "there are a few foreigners, with full bellies, who have nothing better to do than try to point fingers at our country...
...surfthechannel.com, conduits for illegal videos hosted by such sites as megavideo.com and others. Even in America, distribution of cable shows is so inefficient that domestic viewers resort to piracy. The networks’ shocking response to such desperate demand for their products has been not to expand accessibility and profit, but to clamp down on it. Consider Viacom’s legal showdown with YouTube. And has Disney confused itself with DeBeers? The profound shortage of common sense in such moves—given that the fundamental driver of a content creator’s success is the size...
Imagine taking out a life-insurance policy, not on yourself, but on a sick man who lives down the street. That way, if he dies, you’ll be sure to turn a profit. This is but one of many bizarre features in the world of credit default swaps—a financial instrument that crippled our global economy. While many different events and policies contributed to the financial crisis, it is safe to point a finger at credit default swaps. The U.S. government should decisively regulate these complex financial instruments...
...additional customers buying juice and coffee with their free breakfasts, plus the repeat business the giveaways generate, cover the cost. "We've already paid for the Super Bowl promotion, and then some," Marchioli said on April 8, the day of the two-for-one offer. "And today is a profit-making exercise. For giving it away, do I make less margin? Yes. But I drive new traffic. And in this economy, particularly for Denny's, it's important to drive new traffic. It's about taking share that we've had over the years, and that we've let other...
Haig's warnings may apply to for-profit medical insurance and hospitals, but there are alternatives. In my HMO, Kaiser Permanente, medical decisions are made by doctors. Medical records have been online for years. Copays are low, and there are no cutoffs for the cost of surgery, hospitalization or other care. Prescription drugs are covered. And premiums are lower than those of for-profit plans. If Barack Obama's health-coverage plan is modeled on one like mine, then everybody can win. Phil Bond, ELK GROVE, CALIF...