Word: profitable
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
Rucker said that tools "now supply 91 percent of productive power" and that therefore the owners of the tools or machines are entitled to profit. "The community must pay for the use of the tools," he said...
...last year on a stock which sold at only $33 last January, slumped 31% during the first nine months of this year to $11,257,600. Railroads were still having their troubles. And aircraft companies, as expected, were in dismal shape. Douglas Aircraft, which usually manages to show a profit, has lost $1,170,037 so far this year...
...profits were enough to cause some viewing with alarm. At the New York Herald Tribune Forum, John G. Winant, ex-ambassador to Britain, warned that such "unprecedented profits in combination with the high cost of the necessities of life" created dissension at home and conflicted with U.S. foreign policy, thereby comprising a "new danger to private enterprise here and peace abroad." Many a profit-counter, busy with his books, was hardly bothered by such lofty considerations...
...fact that costs had driven the breakeven point (i.e., the volume at which a business starts to make money) much higher than ever before. "If steel operations were to decline to 80% of capacity," said National Steel's Chairman Ernest T. Weir, "there would be no profit under present costs." (Prewar break-even point of U.S. steel: 48%.) Though most businessmen keep their break-even points to themselves, they were plainly worried lest a small drop in volume lead to a big profit drop. Thus, even a "mild" recession might be something like a depression for many companies...
Unions and profit-sharing have seldom mixed. General Electric Co. had no mass production union in 1934, when it established a plan to share profits with employees of five years' service. When the United Electrical, Radio & Machine Workers, C.I.O. came in, its leaders won changes in the plan until nearly all the workers also shared benefits. The result, said President Charles E. Wilson, was that the plan was no longer an incentive. Last week, G.E. said it would drop the plan at year...