Word: profitable
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Dates: during 1980-1989
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...issue with Rep. Albert Gore Jr. (D-Tenn.), who said that Hoechst A. G., the company, "contemplated the opportunity to leverage public investment at the hospital to its own interest." Under an agreement reached last May, Hoechst will fund molecular biological research at MGH and receive the right to profit from it before other companies gain access to the findings...
Sales of the Harvard Lampoon's People parody have already exceeded half a million copies, a publisher familiar with the parody's djstribution estimated yesterday, and Lampoon executives predicted they would reap a profit of several hundred thousand dollars on the parody...
...risen from the mud and stones of Corsica, propelled by an urgent sense of purpose too large for him. "All my life I have sacrifice everything--peace, profit, happiness--to my destiny." He sets himself apart from history, and so commands...
Companies could make the IRAs even more convenient by combining them with their pension, profit-sharing or payroll-savings plans. By doing so, employee contributions to such plans would be made tax-free until the worker retires. No major corporation has yet established this type of IRA, largely because of the bookkeeping problems involved. The IRA deposits cannot be mixed with existing pension funds, and so companies would have to keep two sets of records: one for the regular company plan and another for each employee...
...they support the program's social goals, but they question whether the program will become a real moneymaker. Banks earn very little on the loans in the early years, since their value is rather small. The sponsors, though, hope that banks will learn how to make a profit on the loans and help retired people unlock the wealth stored in their homes...