Word: profiteered
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Dates: during 1970-1979
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...bankers--all of whom cater to a transient population like that which swarms any tourist stopover of the Library's stature. Moreover, ownership of non-Harvard property around the Square has transferred from the hands of several local residents and estates to those of a scarce few who put profit and volume above concern for Cambridge residents...
...housing starts to 2.1 million next year, from 2.3 million in 1972, and a trade deficit lasting throughout 1973. One reason: exporters in foreign countries have built up such extensive facilities to serve the U.S. market that they will hold their prices down despite dollar devaluation and suffer a profit squeeze rather than let those facilities lie idle. But Eckstein expects other sectors of the economy to take up the slack. Auto sales, including imports, should rise from 10.8 million this year to 11.2 million in 1973. Capital spending should be up about...
...jump over 1971. Most of the increase will be for feed grains from mid-America, where the especially important farm vote seemed on the point of rebellion against Nixon only a year ago-reports Floyd Holloway, who farms 300 acres near Janesville, Wis. "Right now, 25% of my net profit comes out of subsidies." The Government's liberalized food-stamp program has helped keep demand for food at an alltime high; that in turn has propped up overall farm prices 13% higher than a year ago. Then there is Agriculture Secretary Earl Butz who has publicly exulted that high...
...Coop locations are showing increased sales and profits, he continued. Although he declined to give a profit breakdown by department. Davis said that textbook sales show no profit even though the volume is very high. "No college book store is making money on textbooks, because the mark-up is too low," he said...
...most successful computer manufacturing company. The firm, Nixdorf-Computer, of which he is founder, sole owner and chief executive, has been competing head to head with IBM, Machines Bull (now Honeywell), Philips, Burroughs and Univac. Nixdorfs firm is the only European-based company that has consistently earned a profit from computers throughout the past two decades. Lately, the directors of one major manufacturer decided that he must be doing something right: AEG-Telefunken last December placed its computer interests in a fifty-fifty partnership with Nixdorf; the two companies have formed a joint subsidiary to develop and produce large computers...