Word: profitable
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Dates: during 1940-1949
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...Jerusalem's King David Hotel where 80 had died in a Zionist terrorist explosion. British statesmen in London groped for something solid in the rubble of their Palestine policy. World sympathy for Zionism, though not yet a ruin, was beginning to crumble. The Arabs, who seemed to profit most by last week's events in the Holy Land, sat tight...
...collapsible corporation, supposedly invented by Sam Goldwyn, had looked like a shrewd device to get around sky high taxes. A producer simply set up a corporation, made a picture and either sold it to a major studio at a fat profit or made the profits by arranging for distribution himself. Profits in pocket, he then dissolved the corporation. Instead of paying income taxes, which ran up to 90%, the producer paid only a capital gains tax of 25% (TIME, Nov. 5, 1945). Result: independent producers had sprouted so fast that by last week, when the blow fell, almost half...
Second. The idea that the OPA is of benefit to the poor who cannot afford to pay black market prices is simply absurd. Inflation is caused by scarcity: scarcity is caused by under-production; and a man who cannot make what he considers enough profit will not produce...
...foreign-owned Swedish-American Lines' "mercy ship" Gripsholm had been chartered for from $1,500 to $3,500 a day, in addition to Government payment of all operating expenses. Estimated Swedish Lines' profit on the Gripsholm...
...also done well with ABC financially. He has boosted the number of network stations from 168 to 204, the gross network sales from $14,000,000 to $40,000,000. (One reason: in the boom war years ABC has had more time to sell than NBC or Columbia.) Gross profit rose from $9,250 in 1942 to an estimated $2,000,000 this year; net profit from $52,000 to about...