Word: profitably
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...inquired why the cast and crew chose to stay at Harvard during the summer. After hearing their work was unpaid, she wondered if they got academic credit. But to both questions, the answer was “no.” In a time when many of us seek profitable private jobs or for-credit summer courses across time zones, it’s refreshing to find a group that suffers the Cambridge heat and humidity for something else. Quoting Jonas A. Budris ’06 as the character Schroeder, “It is not for profit, Lucy...
Sergey Bogdanchikov would like you to meet Rosneft, a thoroughly modern, reliable Russian oil company with impeccable management and enormous profit potential. That, at least, is the pitch that Bogdanchikov, Rosneft's president, has been making vigorously to investors over the past few weeks, hoping to lure them into a stock listing in London and Moscow later this month that could raise as much as $11.7 billion, making the company worth up to $80 billion. It seems like a compelling story: Rosneft's oil reserves are vast, its costs are low by international standards, and the fact that it will...
...fruitless effort; others, like the French hypermarket chain Carrefour, lasted a nanosecond. Ahold, a Dutch company that owns the chain Stop & Shop, was bruised by an accounting scandal. Delhaize, the Belgian owner of Food Lion, holds on grimly as Wal-Mart makes chopped meat of the industry's profit margins...
...Which brings us to the latest black eye: charges that a BP unit manipulated propane prices in February 2004 to drive up prices and score a quick $20 million profit. According to a lawsuit filed in a Chicago federal court by the U.S. Commodity Futures Trading Commission, BP traders tried to corner the market for propane ?with the knowledge, advice and consent of senior management.? This wasn?t the first time BP has been accused of price fixing. In 2003, the company paid a $2.5 million penalty to the New York Mercantile Exchange to settle charges of improper crude...
...long as there is a profit motive for the military, so long as soldiers wake up in the morning thinking their job is to make money instead of participating in national defense, these kinds of abuses will continue." BRAD ADAMS, Asia director of Human Rights Watch, whose recent report on the Indonesian military's business interests alleges that intimidation and corruption still exist, despite reform efforts...