Word: profitable
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1990
Sort By: most recent first
(reverse)
Andrew W. Hamilton, staff scientist at the non-profit Conservation Law Foundation, said his group, which defends the environment through legal channels, opposed the fare increase because of its potentially negative repercussions on air quality and traffic. The Conservation Law Foundation had estimated that 75,000 passengers would stop riding the T if the fare was increased...
Certainly it has revolutionized the way Americans conduct business. Once upon a time, direct mail evoked only two names: Montgomery Ward and Richard Sears. Ward, a Midwest traveling salesman, had a simple idea: "Sell directly to the consumer and save them the profit of the middleman." In 1872 he published a one-page listing of 163 items, from red flannel cloth to oilcloth table covers, and mail order as we know it today was born. Fourteen years later, Sears, a Minnesota railroad-station agent, decided to mail a few $12 watches to his peers for $14 apiece. When the ploy...
...from Sky of nearly $4 million a week and beset by British Satellite Broadcasting, a well-financed but smaller competitor losing four times as much, Murdoch this month negotiated a merger ofthe rival TV ventures on highly favorable terms. The result: a virtually certain monopoly for the service, projected profit as early as 1992 and -- most important to fretful financial analysts -- an immediate $300 million improvement in the cash flow of News Corp., which has suffered an advertising slump in all its markets. Says media analyst John Reidy of Smith Barney: "This greatly reduces the pressure on Murdoch to scrounge...
What is the optimal balance? Murdoch says he has no target in mind. But even in Eastern Europe, where he invested "a tiny $4 million" in two Hungarian publications and is making a profit, he will pursue print ventures only if he can find partners. "Nothing on our own," he vows. "You don't get in in a big way, because there is no money there and the situation is totally competitive." The ideal newspaper investment, he says, is "the security of a monopoly." He has the same goal in television. Having attained it after a fashion in Britain...
...biggest disappointment for Democrats in last week's generally pleasing election results was Harvey Gantt's loss to Jesse Helms in the North Carolina Senate race. Gantt apparently was leading until near the end, when Helms unleashed TV ads focusing on affirmative action in general and Gantt's own profit from a television-station deal in particular. No doubt these ads were intended in part to promote simple racism against Gantt, who is black, and no doubt they succeeded. But genuine resentment against racial favoritism is also something the Democrats are going to have to come to terms with...