Word: profitable
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Dates: during 1960-1969
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...invaded the territorial whaling waters of Peru, the Peruvian navy confiscated his flagship only to discover that, thanks to a Lloyd's insurance policy, Onassis was not losing a penny. Divining correctly that the whaling industry faced hard times, Onassis sold his fleet to Japan in 1956, at a profit of $8.5 million...
...speaking with the master's voice. RCA's president for the past three years and its chief executive officer since last Jan. 1, he has made the company's marketing operations more efficient, reshuffled its management hierarchy and trimmed production and inventories to help combat eroding profit margins. His efforts have paid off. Last year RCA showed profits of $147.5 million on sales of $3 billion. Both figures are running higher...
Gentlemanly Debts. Giro is the most advanced, fastest-working variant of a system that has been working on the Continent for a long time. It is also the latest effort in the British post office's drive to turn the venerable institution into an aggressive, profit-making enterprise. Giro Director John Grady hopes to pay for operating costs and also make a neat profit by investing the pool of money created by Giro's constant flow of deposits. He expects that the new service will attract about 1,500,000 customers and $450 million in deposits within...
...Beard shattered the myth of America's perfect past by a frontal assault on the Founding Fathers. In An Economic Interpretation of the Constitution, he argued that the great document, far from promoting the general welfare, was the reactionary work of wealthy men who in 1787 stood to profit from the creation of a strong, central and, above all, solvent government (nearly half the signers had lent the Government money). By suggesting that economic interests play a strong role in human events, Beard helped bring American history closer to the bitter realities of contemporary life. By implying that businessmen...
That promise is sufficient reason to elect the Profit slate. Although there are no glaring injustices which the student slate will be able to correct at once, student directors will nonetheless assure that student opinion will be heard in the managing of the Coop. It will also assure that such opportunities for a socially useful role for the Coop as may arise in the future will be fully and imaginatively explored. And it is reasonable to expect that, with a group of able and concerned students on the board of the Coop actively looking for such opportunities, they will become...