Word: profitable
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Dates: during 1980-1980
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Cultural Survival, Inc., a non-profit organization which provides financial assistance to indigenous tribal groups, and the Anthropology Department are sponsoring the concert in collaboration with the Boston-based Anthropology Resource Center...
...modernizations"-the upgrading of industry, agriculture, science and technology, and the military-formally announced by then Vice Premier Deng Xiaoping three years ago. In a radical departure from past practice, local farm and factory managers are increasingly deciding what to produce on the basis of what will make a profit. After filling their state quotas, they have been given considerable freedom to sell some of their products directly to other factories or on the free market, and they keep part of the resulting profits to use as they see fit, primarily to pay bonuses to workers and buy additional...
Despite all the reports of Chrysler's troubles, Ford appears to be the automaker with the most serious woes. So far this year, it has lost $1.2 billion, a stunning red mirror image of its $1.2 billion profit during the first nine months of last year. Even Ford's once prosperous overseas operations lost $26 million in the third quarter, in contrast to a $402 million profit...
...poor third-quarter company reports were centered primarily in some of America's oldest industries. Data Resources estimated that steel companies' earnings fell 96%. U.S. Steel profits were down 12.7%, and the company would have lost money except for the sale of $77.8 million worth of its cement division and some real estate. Bethlehem Steel lost $32.3 million in the third quarter, as contrasted with a $74.8 million profit during the same period a year ago. Chemical giant Du Pont reported an earnings decline of 61%. Since the housing industry had been especially hard hit by high interest...
Even the once seemingly impregnable oil companies, which last year at this time were posting profit increases of about 100%, had more modest earnings growth between July and September. Profits for the industry as a whole were up just 7.6%. Exxon's earnings grew by 18%, but Gulf Oil's fell...