Word: profitable
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Dates: during 1960-1960
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...will tolerate no restrictions on its Cuba trade. The embargo is thus failing, since none of America's hemispheric allies will go along with it. And this failure is a good thing, too, for the purpose of the embargo was just what Castro said it was: an attempt to profit by the misery of a people and make them submit through hunger...
...this week, Thomas B. McLernon, general manager of the MTA, told the CRIMSON that he wanted to make a profit the Bennett St. site, and the sooner, better. He said also that negotiations for the sale might begin within a months...
...interested in making a profit on the yards, and the sooner, the better, McClernon asserted. He noted tentative plans to reroute some buses through the tunnel under Harvard Square and to transfer all rolling stock now operating out of the Bennett St. yards to other terminals and garages in the area...
...Factory Locating Service figures that a manufacturer with 500 employees and $15 million in sales would have a state and local tax bill of roughly $54,000 in Ohio, $80,000 in Illinois, $93,000 in Indiana, $143,000 in Michigan. Soapy Williams notes that Michigan has no corporate profits tax. But the hitch is that the manufacturer is taxed on his rate of sales-whether he earns a profit or not. Chrysler ran $5,400,000 in the red last year, still had to pay $31 million in local and state taxes-and rumbled that it might move elsewhere...
Despite the price trimming, most businessmen, already caught in the profit squeeze, do not see any general across-the-board price cutting ahead. They think consumers may be waiting for this. But when it does not come, retailers think that consumers will step up their buying...