Word: profiteered
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...company's most recent owner, Italian appliance giant Merloni, invested heavily but never managed to turn a profit, and announced in early 2005 that a buyer had to be found if the 94-year-old company was to survive. With no Italian bidders, offers came from Russia and Britain, though they were focused merely on acquiring the brand. Qianjiang, instead, which turns out 1.2 million scooters a year in China, saw value in buying - and relaunching - Benelli's design and production. That would give them a foothold in the European market, and the move had an industrial logic: unlike Japan...
...state of search, which he believes is in need of transparency rather than "black box" algorithms to determine what results are presented to users. As he explains on his company's site, Wikia.com, search "is part of the fundamental structure of the Internet and, it is currently broken." For-profit Wikia was started in 2004 as the commercial version of not-for-profit Wikipedia, but has now shifted its focus to search. Community involvement through volunteer editors, the backbone of Wikipedia, is clearly in Wales' plans. He revealed a second part of his strategy through his acquisition from Looksmart...
Private-equity firms buy companies with money borrowed from banks, hoping to sell them at a profit a few years later. The banks then slice up those loans and sell them to investors. At least they used to. In recent weeks they've struggled to find buyers for the debt behind several big deals, most notably Cerberus Capital's purchase of Chrysler. So they're unlikely to finance more big buys soon...
BOTTOM LINE Oil and gasoline prices move together in the long term but in the short term aren't always in lockstep. The disequilibrium won't last, since there's no profit in making cheap gas from expensive oil. Safest bet? Either oil falls, or gas rises...
300°C Temperature at which the dung is sterilized under a new plan to use it for profit. It's then made into odor-free souvenirs like Olympic-theme panda statues...