Word: profitably
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...billion dollar hedge fund that grew at 19.2 percent last year—the equivalent of Harvard’s endowment—that would amount to almost half a billion dollars in management fees plus almost a billion dollars of Harvard’s nearly five billion dollar profit...
...alumni still complain because Harvard’s non-profit status makes the salaries of HMC’s top brass public. If Harvard managed externally, these prices would be out of sight and out of mind for alumni but not the University’s financial administration. Alumni who lack the information possessed by those making the decisions should resist the temptation to get angry at headlines that blare that “top fund managers net $100 million in fiscal year 2003 payouts” and instead take into account the hidden costs that endowment managers have...
...program, known as “Cops in Shops,” is a project conceived by the Century Council, a non-profit organization based in Washington that “promotes responsible decision-making regarding beverage alcohol and fights alcohol abuse,” according to its website...
...made disposable cameras at every tour stop. Each camera can turn into two Wal-Mart visits--one to drop off the exposed film, the other to pick up the prints. Since Fuji runs the printmaking operation at Wal-Mart, it can give away the camera and still profit. Fuji's business in Wal-Mart rose 30% last year, and sales of most FLW-sponsored products have outstripped Wal-Mart's overall sales increases. Fishing fans, according to FLW's independent research, are huge food shoppers, accounting for 27% of the grocery purchases amounting to more than $200 in a given...
This suggests a deeper risk the Times has taken on in adjusting their business plan to try and squeeze some more profit out of their web site: things on the Internet which cost money have a historically-demonstrated tendency to fade away whenever free alternatives exist. Newspapers and television networks no longer have a stranglehold on our information intake—they may still have a good grasp on pure news (which is expensive and difficult to gather well), but anyone with a modem can jot down some opinions, call it an op-ed, and slap...