Word: profiteer
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...session, throwing up his hands in despair. Actually the mediation meeting had lasted only 2½ hours. Phil Murray, out for big game, refused to budge from his insistence on discussing pension demands (although, under the contract, he was only entitled to open wage and insurance negotiations this year). Profit-fat steelmen* as stubbornly dragged their feet on wages as long as the union wanted to talk pensions, too. At that deadlocked point, Murray looked hopefully to the White House...
...hand for the ceremony was the Southern-born woman who planned the project, robust, warm-hearted Mrs. Velma Grant. In only three years, she had built and sold $3,500,000 worth of new houses to Negroes in Los Angeles. No altruist, Mrs. Grant had made a profit of more than...
What brought all this on was some odd maneuvering by the Treasury itself. Two years ago several distillers asked it to approve, as legally aged, whisky stored in used casks during the wartime barrel shortage. Treasury refused, but later reversed itself. The switch would mean a profit (because of the increased value that would result) of some $90 million for a few big distillers, mostly outside Kentucky, who have 30 million gallons of whisky in secondhand barrels. When the industry squawked, Treasury held up its ruling, called last week's hearing...
...long-faltering U.S. domestic airlines, the distress signals were finally hauled down. The Civil Aeronautics Board reported last week that the 16 major domestic carriers had a gross profit of $11 million for the twelve months ended...
...previous year. In the last three months, traffic had picked up so much that many an airline (e.g., American, United, Capital and Western) which had losses in 1949's first quarter thought it had earned enough in the second quarter to wipe them out and show a profit besides. American, for example, might well show a net of close to $3,000,000 for the first six months, more than enough to offset its entire 1948 loss...