Word: profitable
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Dates: during 1980-1989
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Figures released by Chrysler last week offered some hope that the company will be healthier when bargaining resumes in January. The automaker posted a modest third-quarter profit of $9.4 million, compared with a $140.1 million loss a year ago. For the first 20 days in October, Chrysler's sales were up 10% over the same period in 1981. Nonetheless, sales so far in 1982 are still running 39% less than in 1978, the last good year for the auto industry. Unless business shifts into a higher gear soon, Chrysler will remain hard-pressed to satisfy its disgruntled work...
...unforgiving world of private sector competition. His liberalism is tempered by a healthy sense of realism and understanding of how business works in New Jersey and the nation. The Lautenberg campaign at first merely a struggle to introduce his name--illustrate the candidate's capacity to transfer profit-making instincts to the game of politics...
original kilo, or "key," thus may end up fetching $500,000 on the street, for more than a 700% profit. For the adventurous, the greedy, or even for the hard-pressed businessman, the lure can become irresistible. "If you want to become a millionaire in a short period of time," says Robert Brosio, an assistant U.S. Attorney for Los Angeles, "in the drug business you can work your way up very fast." Fear of getting caught does not substantially deter risk taking. In Southern California, as elsewhere, those who use cocaine tend to be people of substance and reputation...
...moment, though, the officers of many of the biggest U.S. banks were beaming about their third-quarter profit performances. Citicorp reported a July-September operating income of $210 million, a 56% gain over the same period a year ago. San Francisco's Wells Fargo Bank scored a 38% earnings rise for the quarter, and at Pittsburgh's Mellon Bank profits were up 35%. Even Chase Manhattan, which lost $16 million in the second quarter, managed to post earnings of $124 million, 7% higher than a year...
Some banks still demand as much as 18% for an auto loan and 21% for home-improvement financing. Bankers defend these high rates on the grounds that much of the profit on relatively small loans to individuals is consumed by high processing costs...