Word: profiteering
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...expansion of Herrell’s current location, which he plans to call First Printer Restaurant, Bar, and Grill.Stanett said that labor and materials expenses have grown for the store, and rent has shot upward of $10,000 per month. Consequently, the ice cream shop has not turned a profit for the past 4 or 5 months and has taken subsidies from Stanett for the last few years.But the single largest factor in Herrell’s closing may have been the arrival of J.P. Licks, another locally-based ice cream franchise that opened to much fanfare last summer across...
...nation, according to the Princeton Review’s “2010 Green Rating Honor Roll” published this past July. Along with 14 other schools, Harvard received the top score of 99 according to green-rating criteria developed by the Princeton Review and ecoAmerica, a non-profit environmental organization. That recognition has drawn much deserved attention to the abundance of green initiatives taking off at the university...
...Profit Motive We tell ourselves a tale in America, and you can read it in Latin on the back of a buck: E pluribus unum. Many people from many lands, made one in a patriotic forge. And there's truth in that story - it conjures powerful pictures in the theater of our national mind. But it can also be misleading. Lots of Americans can't stand one another, don't trust each other and are willing - even eager - to believe the worst about one another. This story is as old as the gun used by Vice President Aaron Burr...
...unit subsidized housing complex, owned by Charlesview, Inc., an interdenominational faith-based, non-profit organization, was constructed in 1971 but has not been adequately maintained. Yet initial offers from the University for a land swap were rebuffed by the board and the residents. Even when the board voted in 2006 to accept an offer from Harvard for 6.25 acres of land where the Brighton Mills shopping center is currently located, residents remained dissatisfied, staging protests and charging that they were being excluded from the decision-making process...
...Working as advisors to the pilots’ union, Keilin and Bloom orchestrated a buyout in which United employees, through their unions, bought a 55 percent stake in the company. The results were staggeringly positive. Worker grievances plummeted while the firm’s productivity and profit margins soared. Previous skeptics appeared to be swayed. BusinessWeek devoted a cover story to the success of worker ownership, including praise from sources as unlikely as a Merrill Lynch analyst and an executive at a rival airline...