Word: profitless
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...pacification. Bok has no desire to compromise Harvard's honored principle of male supremacy by making admission 1 to 1 or sex-blind. Demonstrations, petitions, letters, lawsuits--nothing will force him to admit that women deserve an equal place in the University. But neither will he make a profitless stand on the principle. Instead, he adjusts Harvard just enough to take the initiative away from those demanding change, makes the minimum effort necessary to blur the issue. Again, it is a politics of contempt, contempt for the policies instituted and for the constituencies at which they are aimed...
...Honeywell Chairman James Binger announced that the firm would buy G.E.'s sagging computer division for notes and stock worth about $500 million. Honeywell got G.E. plants in the U.S. and abroad, including the profitless French subsidiary, Machines Bull. The acquisition doubled Honeywell's annual revenues (to $2 billion in 1971) and propelled it past Burroughs, Sperry Rand and NCR in worldwide computer shipments. By adding G.E.'s large and small computers to its own line of middle-sized models, Honeywell became the only firm competing with IBM in all three categories. Still, Wall Street analysts figured...
Inheriting Problems. In addition to this bonanza, Delta will inherit some problems. It must assume a $40 million accrued debt from Northeast and continue to maintain the perennially profitless New England routes. "We can't do any better with the local service than Northeast did," Dolson admits. "Even a genius can't make money flying jets 100 miles at a time...
...restatement of the nation's goals there. Referring to his inaugural pledge to move the nation from "an era of confrontation to an era of negotiation," the President maintained that the U.S. must demonstrate, "at the point at which confrontation is being tested," that confrontation itself is profitless. As for what the U.S. seeks in South Viet Nam, Nixon said simply: "The opportunity for the South Vietnamese people to determine their own political future...
...prove our motives profitless...