Word: profits
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...around, but very few actually buy anything." Kaushal says he's just about breaking even, but in another part of the mall, the manager of a shoe store is even more downcast. "We've been here for a year and a half, and we're still not making a profit," he says. He points to his signs offering discounts of up to 50%. "We came to a mall to be a retail store, but instead we've turned into a discount shop," he says...
...organization, we’re not posting a profit,” Hughes added, dismissing the suit’s estimates of thefacebook.com’s value. He said it was a common misconception that the facebook.com has so much money that it can easily absorb the costs of the legal process and any possible fines. “We’re breaking even, and we’re satisfied with that...
...Amsterdam Battling Bogus Bags Your article on counterfeit luxury merchandise [Aug. 23] never asked why Louis Vuitton or any of the other high-end manufacturers deserve to be paid $1,500 for a handbag when, as you reported, "a 12-m container filled with fake bags can turn a profit of $2 million to $4 million" at $35 per purse. Is the quality of the real designer bag really worth so much more? Perhaps not, since the president of the International Anti-Counterfeiting Coalition maintains that "the machines that companies use as legitimate manufacturers are also available...
...often known as "Plastics City"?is under siege. According to local merchants, the price of a ton of ABS (acrylonitrile-butadiene-styrene), a common ingredient in hard-plastic products, has virtually doubled since March. "The prices for raw materials have gotten so high that no one is making a profit," says Mrs. Xu, who runs a small raw-materials factory with her husband. Xu, who declined to give her full name, says many of the factories she supplies have gone bankrupt this summer. Xu Songquan (no relation), who has been in the plastic-molding business since 1977, explains that factory...
...production-line shutdowns, many factories are generating their own power with diesel generators, further depleting China's overtaxed supply of petrochemicals. One foreign executive whose company has invested in a power plant in Guangdong province says oil prices are so steep that the venture is now barely turning a profit. It can't raise rates because tariffs are fixed by the government?and the government doesn't want to relax tariffs because that would contribute to inflation. "If prices go up a little higher and there's no subsidy in the works, then of course we're going...