Word: profited
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Dates: during 1990-1999
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Standing among corn shoots already knee high, Francisco waves toward other fields where the telltale puffs of black smoke show mines detonating beneath the Casspir's wheels and talks of planting there too. Then he can not only feed his family of seven children but also sell for a profit. "As we get our land back, we can cultivate more and graze more cows. Then maybe we can get roads, and trucks will come to take our food to market. And then the stores and clinics will come back," he says. Already his younger children can go to school again...
...though, NationsBank has gained far more profit than it has lost through acquisitions, earning a record $3.08 billion in 1997. Its shareholders have enjoyed an average gain of 26% a year over the past decade, handily beating the 18% annual return for the benchmark S&P 500 stock index...
...year securities-industry employment stood at a record 286,000. But that's up only 10% from 10 years ago. In the same period New York Stock Exchange trading volume (a proxy for how much business Wall Street does) increased 178%, and the industry last year posted record pretax profits of $12.2 billion. More work. More profit. Relatively few people. Sound familiar? Wall Street hadn't been totally left out. Its firms have been merging practically forever, but seldom on such an extensive scale, where even giant Merrill Lynch might be bait for, say, Chase Manhattan. In a bull market...
...Lewinsky affair has also been a boost to Slate's chief rival among magazines written for the Web, Salon salonmagazine.com) But Salon editor David Talbot says the San Francisco-based Webzine has no plans to start charging; he claims it will turn a profit within a year, primarily from ad revenue...
...stands to profit most from the expansion of the Oil for Food program the U.N. put into place just before KOFI ANNAN went to Baghdad? The new plan will allow Iraq to increase its sales to roughly half the amount of oil it was pumping before the Gulf War. As it turns out, France and Russia pushed the program much harder than Iraq, which initially feared this option would reduce pressure to get sanctions lifted. But SADDAM HUSSEIN realized that the more cash he could earn to buy food to keep Iraqis from starving, the more hard currency reserves, into...