Word: profitable
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Dates: during 1990-1999
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...world changed on Aug. 9, 1995, and not just because Jerry Garcia died. That was also the day the initial public stock offering for Netscape Communications, a company that had yet to turn a profit, instantly garnered an astonishing $2 billion on the strength of one idea. The idea was the World Wide Web, and its gatekeeper, for the foreseeable future, is Jim Clark...
...Gifford, who is gifted at both self-promotion and self-preservation, this has become a consuming cause. When the charges first hit, her tearful self-defense rightly noted that of her clothing line's $9 million profit last year, she donated $1 million to the Association to Benefit Children, which opened shelters for crack-addicted children and children with AIDS. She promised to monitor factories where her clothes are made and said she would recruit other famous endorsers like Jaclyn Smith to help pressure manufacturers to police labor practices more closely...
...most places, gone, while farmers hunker down in their fields and crumble handfuls of soil into plumes of fine dust. Texas is the nation's leading cotton-growing state, but agronomists there predict that 50% of this year's crop could be lost, along with more than $200 million profit to farmers and producers. Prospects for the corn crop are just as barren. "Corn should be 8 ft. high by now," says Mark Miller, an agricultural economist at Texas A&M University, "but even in the best fields, it is only 4 ft. high." And that scrawny crop could...
...most in peril would be Arafat, whose credibility with Palestinians is hardly high enough to sustain further disappointments. He desperately needs proof that his peace concessions have not been in vain and would profit from fast-paced discussions on the territories' final status, but he faces a new Israeli government more intent on slowing everything way down. Says Souheil Natoor of the hard-line Democratic Front for the Liberation of Palestine: "Now the Palestinians are saying to Arafat, 'You did whatever the Israelis asked of you. And the result is the Israelis voted against peace.' The Palestinians will...
...Anheuser-Busch Cos. Busch should know, having lost somewhere north of $500 million trying to make Anheuser's Eagle Snacks division a power chip. In February, Eagle gave up; it recently sold four plants to Frito-Lay. A-B launched Eagle in 1979, but the division never turned a profit. "We could never get enough market share," says Busch, who has had far more success in his core business of beer, where A-B commands a 44% share of the market...