Word: profitable
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Dates: during 1980-1989
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...Joseph P. Kennedy II (D-Mass.) today introduced a $500 million bill in Congress that would provide matching grants to help non-profit groups build affordable housing...
...serious issues," says Neonatologist Lawrence Platt of the University of Southern California. Declares Arthur Caplan, director of the Center for Biomedical Ethics at the University of Minnesota: "Our fear is that somehow reproduction has shifted away from an act that creates a family into an arena in which money, profit and benefit for others start to enter...
Folks in Bayport, Minn. (pop. 2,900), can hardly wait for the Christmas holidays to end, for the big event of the year comes in icy January: Profit Sharing Day at Andersen Corp. For 74 years Andersen, a leading U.S. manufacturer of windows and patio doors, has split a chunk of its earnings among workers. After a banner 1987, this year's pot promised to be huge. But the 3,700 employees, many of whom rented limousines and dressed in their finest Saturday-night steppin'-out clothes to attend the Jan. 16 ceremony, had no idea just how huge. Amid...
...Government first challenged the sky's-the-limit pricing practiced by hospitals in 1983. Congress enacted a set of maximum fees that it would pay for various kinds of treatment for Medicare patients. Because the hospitals made a profit only if they performed the procedures for less, they had an incentive to send patients home as soon as possible. Major insurance companies soon followed suit with their own cost ceilings, and employers devised incentives to encourage employees to reduce the time they spent in hospitals. For one thing, they required second opinions before elective surgery...
...Pack-Liebmann, a Manhattan art dealer: "The kid did well. Many of the works he has bought have appreciated substantially in value." Example: Severin Roesen's Vase of Flowers in Footed Glass Bowl with Bird's Nest, purchased for $175,000, may now be worth $250,000, a potential profit...