Word: profits
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...fuel competitive with the price of conventional oil and gas. To achieve that end, lawmakers pegged the value of the credit to the price of crude oil. If oil prices were to rise above a certain level, the synfuel industry would no longer need the credit to make a profit and the subsidy would be phased out. As long as oil prices were below $50 per bbl., synfuel producers could claim the full value of the credit. But in the past year, as prices have risen to as much as $66 per bbl., anxiety has spread through the synfuel ranks...
...like your typical corporate hatchet man. Back in 1999, however, Ghosn was dubbed the "samurai" and "cost killer" at Nissan Motor in Japan. As the newly appointed president, he began closing plants, slashing over $20 billion in debt, and eliminating over 20,000 jobs to turn the moribund company profitable. Many observers - especially unions - expected similar tough love in early February, when Ghosn unveiled his ambitious four-year business plan for Renault, which has had an increasingly close joint partnership with Nissan since 1999. But so far, Ghosn's quality-enhancing, production-boosting, profit-focused project has avoided layoffs. "Renault...
...coming months, the upper floors of Hilles Library will be transformed into excellent—though imperfect—space for student organizations. The whole College community, meanwhile, will profit from improved and expanded central resources in the Yard. And while there may well be something rotten in the state of things at Harvard—high-profile resignations and a stalled curricular review spring to mind—it’s important not to overlook the (small) victories for student life that too easily get lost in the ether. The College’s plans to renovate Hilles...
...Journal broke news of his resignation. Larry is the son of two economists, the nephew of two Nobel laureates in Economics, the former Chief Economist of the World Bank, and has a PhD in Economics himself. With such expertise, he would probably have advised students against their play for profit at tradesports.com, where some bet on his continued presence at Mass. Hall beyond June. He would have been right; it failed. Yet, the context of his resignation makes me uncaring about the fate of some of my friends’ lost dollars...
Casting and directing the musical "Chicago," Hanley’s ambitions center on a goal few Harvard shows ever attempt, let alone accomplish: he wants to turn a profit...