Word: profits
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...Randy Vanderhoof, the director of the New Jersey-based Smart Card Alliance, a not-for-profit that advocates the application of smart cards across the country, says that the technology used for the CharlieTicket system has been available for nearly 50 years...
Under McCain-Feingold’s provisions, for a 60-day period before any federal general election—or a 30-day window before a primary—ads paid for by unions, corporations, and non-profit groups cannot even mention the name of a candidate for office within the area where the candidate is running. For instance, if McCain seeks the White House in 2008, then the American Civil Liberties Union, which opposes the ad restriction, would not be able to run a radio spot criticizing the McCain-Feingold law by name in the month before each state?...
...only legacy of Athens' binge. There's the financial cost, too. The government spent $3 billion building and upgrading 36 venues for the Games and another $8 billion on infrastructure and security. Organizers dished out $2.4 billion on operations and in May said they had turned a $9.2 million profit. All told, spending on the Athens Games exceeded the gdps of more than 100 nations, including Jamaica and Malta. Thanks to its profligacy, Greece now has a 6% budget deficit, in breach of the European Union's stability pact, and its economic growth is projected to slow from...
...product, which helps maintain margins in the fight against lesser-known rivals. Without brands, Taiwan's contract manufacturers are forced to compete with one another almost exclusively on price as they seek to land deals to supply the Apples and HPs of the world?and that kills profits. According to Macquarie Securities in Taipei, the net profit margins at six major Taiwan tech companies fell to an average of 2.9% in 2004 from 7% in 2002. One solution to this high-tech death spiral: get big quick, through acquisitions that produce economies of scale along with brand recognition. Other Taiwan...
...succeeded?but victories in the PC business are rarely decisive. In late 2000, Shih confided to a colleague that Acer, the PC and electronics manufacturer he built into a global brand, was in deep trouble. "He told me that in the PC business, it's impossible to make a profit," recalls J.T. Wang, who became Acer's chairman and CEO in January when Shih retired...