Word: profiteered
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Decker also called for a closer look at how the tax-exempt buildings are used and whether for-profit activities are taking place—which Mayor Michael A. Sullivan agreed has been an “ongoing issue...
...trice, gaudy imitations (Batman, Wonder Woman, Captain America) were clogging the racks. Superman spun off into half a dozen TV series and several generations of movies; his example inspired the Daredevils and Spider-Men of a later era. Yet Siegel and Shuster saw little of the profit DC made from their character. Not until 1975 did the company agree to pay a modest annuity to the men who had created the comics' first and most enduring superhero. --By Richard Corliss
...program for one of our bank clients. As I was considering the bank's goals, I was drawn to Section 401(k) of the Internal Revenue Code. Seeking a tax break and an edge over its competitors, the bank wanted to replace its cash-bonus plan with a deferred-profit-sharing plan under which employees wouldn't have access to the money until they left the bank. I realized that Section 401(k), which had become effective on Jan. 1, would allow me to do that. I could use this section to design a plan allowing each employee...
...cramped basement, today fills a sleek seven-story building with a lobby curved like a radio wave. Its studios feature the latest digital sound gear. Executives, if prodded, talk about "branding," "revenue growth" and "audience fragmentation." They speak such words softly--NPR is, after all, a not-for-profit organization whose member stations constantly beg listeners for contributions. But it's getting harder to keep its success a hush-hush affair...
...MacArthur Foundation grant.) NPR has also started selling ad space on its headquarters building, and is widening its brand with two channels on Sirius Satellite Radio and an expanding online presence. "It's been a tough two years, but I think we've weathered it better than many for-profit networks," says executive vice president Ken Stern, 38, who joined NPR in 1999 and is credited with improving its financial health...