Word: profitable
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Dates: during 1980-1989
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...This is a pretty tough year for us," said Jennifer A Rom '85, one of the new directors and a bookkeeping assistant in HSA's business office. "We're trying to think of new ways to increase profit, but we're going to be struggling a bit," she added...
...main source of HSA's financial problems is new tax legislation requiring non-profit organizations to pay social security taxes. Hope Spruance, HSA's general manager, estimated the law's cost to the organization at over $30,000. Managers attributed HSA's other financial problems to the annual transition of general managers and the condition of the economy...
...standard practice," he said. "Serious plays are very rarely produced directly for Broadway anymore. Almost every serious writer has a relationship with a non-profit residential theatre that tends to initiate that writer's work," Rich explained...
...paper, the financially crippled Chicago Daily News, folded. The Sun-Times has had its troubles recently as well; circulation has dropped. But Murdoch's fortune--his "News Corporation" reported assets in excess of $200 million in 1980--and his loyalty to the Post--which hasn't shown a profit in seven years--suggests that the Sun-Times will be around for a while even if the times get tougher...
Apple Computer (1983 sales: $982.8 million) reported last week that its fourth-quarter profits fell 73%, to $5.1 million, compared with last year's earnings results. The plunge forced Apple, hitherto one of the most prosperous firms in California's Silicon Valley, to suspend payment to its employee profit-sharing plan for the first time since the company went public in December 1980. A day after Apple's announcement, Massachusetts-based Digital Equipment Corp. (1982 sales: $3.8 billion) announced that its profits were off 72% during its most recently ended quarter. Digital's stock lost...