Word: profiting
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Dates: during 2000-2009
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...Democrat Sam Nunn, who chaired the Senate Armed Services Committee, succeeded in writing into law the ban on openly gay men and lesbians in uniform. Barring the pre-enlistment question about homosexuality "was the only compromise Congress let Clinton get away with," says Elaine Donnelly, president of the non-profit Center for Military Readiness which supports continuing the ban. "The law respects the power of sexuality and the normal human desire for modesty in sexual matters...
...Merlin Entertainments, part of the Blackstone private equity group, which owns Madame Tussauds and Sea Life. And critically, distribution, packaging and production has been outsourced to Eastern Europe and Mexico. As a result, the Lego Group turned a $374 million loss in 2004 into a $281 million profit...
...corporate circles, the "double bottom line"?reaping profit and doing social good?is all the rage. Muhammad Yunus, the microfinancier who won the Nobel Peace Prize in 2006 for helping prove that making tiny loans to poor people can be profitable, says we should go further. In CREATING A WORLD WITHOUT POVERTY: SOCIAL BUSINESS AND THE FUTURE OF CAPITALISM, he sketches out a new type of company, one that exists only to better people's lives. Investors who start such a firm would be repaid their initial stake once the company turned a profit, but after that...
...players - China Southern, China Eastern and Air China - are filling less than three-quarters of their seats with paying customers. During a recent price war, tickets were discounted by as much as 70%, according to local media reports. Rising fuel costs and fare caps enforced by Beijing have sliced profit margins. Air China earned about $300 million in 2006, according to the most recent figures, but China Eastern lost $410 million that year...
...afternoon, there was nothing to buy within a six-mile distance of the border; and even the Sinai town of El-Arish, three hours drive away, had been sucked dry of gasoline. One taxi driver who brought back cartons of cigarettes and gallons of gas to resell for a profit in Gaza said, "This should help feed my family for several months...