Word: profiteered
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Google makes virtually all its money--$10.6 billion in revenue last year and $3.1 billion in after-tax profit--selling advertisements. But except for a few endeavors like Google Maps, it's a media firm that produces no content. Rather than take on established media outfits as outright competitors, Google has been trying to persuade them to let it help them find audiences and sell ads. Some media powers have signed up. But the prospect of a world organized on Google's terms remains unsettling to executives accustomed to controlling the path their products take to consumers...
...Today's Japan is like a family in which the parents don't feed and educate their children enough, but still ask the kids to behave and to support them when they grow old. The business world is desperately pursuing profit by sacrificing its young workforce, through part-time labor at low wages. The government asks the younger generation to be more patriotic, even when they cannot have confidence in their future. How can we call Japan a beautiful country? M. Otani Kagawa, Japan...
...zeal to exploit this unexpected market for private security men, showed a callous disregard for the safety of its employees. In the process, the case of the Fallujah Four, as some now refer to them, has stirred a nest of questions about accountability, oversight and regulations governing for-profit gunslingers in war zones...
...anything. Sales had dropped four out of five years running; the company's majority owner, private-equity firm Texas Pacific Group, had changed CEOs like last season's fashions, three in five years. On Drexler's watch, J. Crew rebounded dramatically, earning $3.8 million in 2005, its first profit since 2000. On March 13, the company reported 2006 sales of $1.15 billion, up 21%, and a healthy profit of $77.8 million...
...firms that buy the loans usually repackage them and sell them as securities (for a profit, of course). As securities get riskier, there are fewer buyers. That means lower profits...