Word: profitable
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Dates: during 1980-1989
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...mountain previously traversed only by Tito's Nazi-fighting partisans, and they built hotels, cross-country ski trails and a network of chair lifts to newly hacked-out downhill and slalom courses. They did it all for $125 million and produced a tidy, if not quite Los Angeles-size profit of $10 million...
...American Airways flew past one patch of labor turbulence last week but then jetted straight into another. The ailing airline (1984 revenues: $3.68 billion), which has not shown a profit since 1980, grounded most of its U.S. flights after some 5,700 mechanics, baggage handlers and other ground workers walked off the job Thursday shortly after midnight. The strike by members of the Transport Workers Union, which also sharply curtailed Pan Am's overseas operations, began less than 48 hours after the carrier had agreed to a new contract with its nearly 1,500 pilots...
...profit-making ventures, tiny record companies are sometimes as shaky as a needle on a warped LP. Yet music buffs and entrepreneurs are lured into the business by the long-shot chance of spinning gold. "All of them are so excited," says Keith Fields, whose Georgia Record Pressing company manufactures disks for dozens of the small firms. "They're all convinced they can make it." The companies have been helped by an industry boom, which pushed sales up about 10% last year, to an estimated $4.2 billion...
...popularity in jazz, folk and urban-teen music. Like boutiques, the tiny firms cater to special tastes and keep overhead low. Major labels sometimes spend as much as $500,000 to record and promote an album, which means they must sell at least 200,000 disks to make a profit. The independents can earn money on record sales of 1,000 or less...
...such moments Self sounds the novel's underlying theme: a culture geared to profit from the immediate gratification of egos and nerve endings is not a culture at all, but an addiction. As an addict, he discovers that bad habits and ignorance are the bars of self-imprisonment. "Look at my private culture," he cries. "It really isn't very nice in here. And that is why I long to burst out of the world of money and into--into what? Into the world of thought and fascination. How do I get there? Tell me, please. I'll never make...