Word: profitable
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Dates: during 1990-1999
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...1980s, rarely lasts so long. Now that it is waning, perhaps the company should be congratulated for maintaining its role as long as it did rather than criticized for letting it finally diminish. And before anyone organizes a benefit dinner, remember that IBM was America's most profitable industrial company last year, earning more than $6 billion. Its profit will likely decline this year, but the company remains huge, powerful and full of talent. In the realm of computers, it is not what it was. But underestimating Big Blue always proved a mistake in years past and probably still would...
TERRI HAD GREAT PLANS. There were newspaper stories to be written and a long list of books to be started after her first, about her own life, was completed. she planned to write non-fiction about women in the financial world; the flaws of the non-profit foundations; a novel about a hate group on a rural college campus; science fiction stories depicting a world that segregated minorities, women, gays, and people with serious illnesses...
...triumph came the same day that KKR's crown jewel, RJR Nabisco, reported its first quarterly profit since the grand acquisitor bought it for $25 billion in 1989. RJR eked out a $5 million gain for the first quarter of 1991, in contrast to a $222 million loss for the same period a year ago. The improvement reflected RJR's drive to reduce its towering interest expense...
Other experts argue that the U.S. will profit from both conservation and nuclear power. "Conservation has tremendous potential," says Cambridge Energy's Bupp. "We have every reason to applaud the effort. But it will take time and good management to get the full results." Meanwhile, he says, the nuclear power industry has "invested $1 trillion over the past 30 years making plants simpler, cheaper and safer. Nuclear power should continue to provide about 20% of U.S. electric generation over the next century because it does work...
...Tsongas, this sort of narrow view of foreign investment ignores the real benefits the U.S. has realized from the increased capital that foreign business poured into the country in the last 10 years. Businesses only invest in a country if they believe they're going to be able to profit. Thus foreign investment is not an indicator so much of American decline as of the continued confidence that foreign investors have had in our ability to produce. This benefits workers and consumers...