Word: profiteer
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...news may not be over on Wall Street. On Tuesday, Bank of America announced that its fourth-quarter profit tumbled 95%, largely due to a $5.44 billion trading loss driven by write-downs of collateralized debt obligations, the often mortgage-related securities creating havoc on banks' balance sheets worldwide. Rumors circulated that the Bank of China would be the next to report big losses...
...virtual slavery, have drawn attention to the vulnerability of foreign wives here. To prevent the women from being purchased like commodities, Taiwan enacted a law last month cracking down on the foreign-bride industry and its advertisements. The law requires Taiwan's roughly 500 matchmaking agencies to become non-profit organizations and adhere to stricter regulation, or face recurring fines...
...Pizza Hut restaurants now number more than 12,000 in 110 countries outside China, says Graham Allan, president of Yum Restaurants International (YRI). Of those stores, 85% are owned and run by franchisees. Operating profit more than doubled, from $186 million in 1998 to $407 million in 2006. International profits drove the stock price up 82% over 10 years. Yum's largest markets overseas include Australia and the U.K. Pizza Hut ranks as the most trusted food-service brand in India, and Russia will soon greet the Colonel through a partnership with top chicken chain Rostik...
...That is simply not our plan today and will never be our plan to develop [the land] in any for-profit way or sell it to anyone who would that for that matter,” Gray said...
...Harvard graduate student who serves as the secretary for Harvard Kenyans, said that ensuring that aid gets into the right hands can be difficult. As a result, Bowman said the group is identifying organizations that are run by Harvard affiliates. One such group is Orphan Wisdom, a non-profit started by Elizabeth J. A. Siwo-Okundi, a student at Harvard Divinity School, which helps run an orphanage and school in rural Kenya. The aid effort is complicated by the sensitivity of the political situation, which sometimes spills over into the Kenyan community at Harvard, Bowman said. “When...