Word: profitable
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Dates: during 1980-1989
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...Small have their hands full, and not only with the Nightly News, which has as its host the literate but low-key John Chancellor, 52. The network's eight-month-old magazine show, Prime Time Saturday with Tom Snyder, is floundering. In addition, the Today show, its once prolific profit maker (a reported $7 million last year), has lately slipped in the ratings behind ABC's Good Morning America, a homey mix of news, gossip, interviews and self-improvement tips. Today's own efforts to be more folksy and entertaining have only undermined its prestige. Recalls PBS's Bill Moyers...
...Getty signed a $75 million consent decree; in the preceding 22 months, settlements with a number of companies, including Kerr-McGee, Cities Service, Gulf, Mobil and Phillips, totaled less than $690 million. Although the firms insist that the DOE'S pricing regulations are contradictory, confusing and capricious, the profit-rich energy companies are unlikely to attract much sympathy. Amoco's earnings jumped 70% in the last quarter of 1979 and 40% over the full year. Said Energy Securities Analyst David Snow of A.G. Becker in New York: "The Government is hitting the oil companies over the head...
...News has another year to run and his commitment to the network as nonretirable talent is unchanged. Some telegossips said Walter wanted out; others suggested he was helping CBS retain Probable Successor Dan Rather, who was being heavily wooed by ABC. Either way Cronkite could certainly leave with honorable profit in other fields...
...unprecedented level of nearly 12% for U.S. Treasury bonds and more than 13% for Triple-A issues; many of those securities do not expire until well into the 21st century. The bond slump hurt not only substantial investors but also millions of members of pension plans and profit-sharing funds that hold bonds or other debt-related investments...
...billion a year. As Economist Alan Greenspan points out, much of the rise has been coming from people who sell their homes at bloated prices, then make the lowest possible down payment on a new and probably even more expensive dwelling, pocketing whatever is left over as profit. Still other borrowing is coming from "home equity loans," the bankers' euphemism for second mortgages, which at interest rates of as much as 18% or more have become among the trendiest and most profitable items in bank loan portfolios...