Word: profitable
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Dates: during 1980-1989
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...years ago one of industrial America's 20 largest corporations, Westinghouse currently places behind heavyweight General Electric in both electrical sales and corporate confidence. Poor management decision-making, lethargic research and development, and a sharp decline in electricity demand over the past decade have saddled the corporation with low profit rates and have forced significant personnel cutbacks. The corporation's heavy investment in nuclear power--it is the foremost nuclear energy generation firm in the world--seems an exceedingly dangerous bet. Rising plant construction costs, along with the March 1979 Three Mile Island debacle, have made dinosaurs of light water...
...personal appeal, a good man struggling to get experience against impossible odds and sinister forces. Now he seems to threaten that very icon of decency that he has created with such labor. He has turned away for the moment from his old friend St. Mark: "For what shall it profit a man, if he shall gain the whole world, and lose his own soul...
...loans totaling $1 billion. These are stopgap measures. Polish economists agree that further belt tightening and a program of profound economic reform will both be necessary. One proposal: decentralization of economic decision making so as to give plant managers more responsibility. This will even include the introduction of a profit motive. Most experts also believe that the pricing system will have to be made more responsive to supply and demand. However, the Polish workers have resisted that reform ever since 1970. Would Polish workers accept such policies? Some opposition figures, like Dissident Leader Jacek Kuron, respond that the workers will...
IMAGINE the following scenario--Act 1: The press reveals that President Carter and two of his first cousins accepted an unknown quantity of diamonds from a blood-lustful, third-world tyrant; that Rosalynn Carter uses privileged White House information to turn a profit on the stock market; that Carter's closest adviser may have had foreknowledge of the murder of a noted political figure. Act II: No congressional inquiry of the President takes place. Instead, Carter wins a second term in a landslide victory...
...acquired 9.2% of the outstanding shares, he offered to buy the airline. National-almost three times bigger than Texas International-was horrified. Pan American World Airways eventually outbid Lorenzo with a $300 million offer, thereby allowing Texas International to sell its National shares for a $47 million pretax profit. Last year Lorenzo went after Trans World Airlines. Over breakfast at New York City's Carlyle Hotel, he told TWA Chairman L. Edwin Smart that he wanted to buy the troubled airline, which is ten times the size of the Texas upstart. The offer was quickly rebuffed...