Word: profitably
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...received a memo from an unidentified source in December 2005, warning EADS would be entering "a zone of turbulence." The memo to Breton also purportedly urged the French government to lower its 15% stake in the group before flying got rough for EADS, which would allow the state to "profit from the current value of shares, which incorporates only the good news of the last financial year." Breton responded to the Le Figaro report stressing the state's "conduct was irreproachable" at the time, and pointed out France sold no EADS stocks then or since...
...late 1980s. Maréchal says sentencing in those cases suggests anyone eventually condemned for illegal trading of EADS stock will face stiff fines rather than actual jail time. "But the maximum financial penalties can run up to 10 times the profit illegally earned in the trade," she notes...
...university student of ecology and evolutionary biology, I would prefer that the Arctic remain largely unspoiled [Oct. 1]. But since exploitation of this increasingly accessible area is inevitable, substantial fees should be imposed on corporations and nations that profit. Moneys collected could aid conservation and ameliorate poverty. But it's more likely that we will see the traditional unholy alliance of nationalism and greed. Fred Drumlevitch, Tucson, Ariz...
...Great Arctic Grab As a university student of ecology and evolutionary biology, I would prefer that the Arctic remain largely untouched and unspoiled [Oct. 1]. But since profit-driven exploitation of the increasingly accessible area is inevitable, substantial fees should be imposed on corporations and nations that profit from what ought to be considered world heritage. Monies collected could aid biodiversity conservation and ameliorate poverty. But it's more likely that we will see the traditional unholy alliance of nationalism, greed and business as usual. Fred Drumlevitch Tucson, Arizona...
...This is progress, however modest. In the past, the vast majority of Chinese companies single-mindedly focused on growth and profit, heedless of the impact their activities had on the environment and communities. Things began to change a few years ago, when "social responsibility went from being a topic pushed on China by others to one it took on as its own," says Zhou Weidong, who runs the China branch of the U.K.-based NGO Business for Social Responsibility. Zhou and others largely credit the government for pressuring companies to contribute to a "harmonious society," Beijing's catchphrase for promoting...