Word: profiteered
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...What inspires current deals is an almost desperate need for growth. Many computer giants are struggling with declining sales and profit margins as consumers and businesses hang on to their PC systems and laptops longer, and view software upgrades as a luxury. Also, companies are being forced to slash prices on computers and related equipment to compete with cheaper products being produced in low-cost economies like China. (See pictures of the best-selling cars in China...
...Undergraduate Council voted yesterday to transfer authority of the Student Community Center Capital Campaign—established by the UC to raise funds for a possible student center amidst controversy last May—to the independent, undergraduate-led Student Community Center Foundation, a non-profit formed over the summer...
Several members of the Harvard student-run non-profit, Circle of Women—which promotes the education of women in the developing world and has just finished building a secondary school in Afghanistan—were present at the event. Elizabeth K. Brook ’10, co-director of the organization, said she agreed with Kristof and WuDunn’s emphasis on incremental efforts, explaining that the cost of education and clean water can be covered for a student in their newly-constructed school with just $5 per month...
...been looking for a purpose since losing its capital city status in 1960 to the modernist built-to-order jungle metropolis of Brasilia. The massive investment will rejuvenate it. In fact, organizers and government administrators believe that every Brazilian real spent on the Games will generate three in profit...
Noor Iqbal ’10, who is involved with the non-profit group Circle of Women, which aims to promote women’s education in the developing world, said that past fairs had allowed her group to make a connection with the student group Women in Business, which helped increase her group’s overall effectiveness...