Word: profitable
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Dates: during 1990-1990
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With the new telephone system, students receive a 10 percent discount on the lowest MCI rates. In addition, they do not have to pay federal tax on their calls because Harvard, a non-profit organization, is not subject to federal...
...country is in a position to profit from the misfortunes of the Middle East, it is Venezuela. As one of the largest exporters of petroleum outside the Persian Gulf, it stands to reap a windfall of $2 billion this year from the rise in oil prices since Iraq invaded Kuwait. Yet as seen from Miraflores Palace, the official residence of President Carlos Andres Perez, every silver lining has its cloud. "This is phony money that we're making from the crisis," said Perez last week. "Whatever it can buy today, it may bring us damage and danger tomorrow...
...beginning to batter Detroit. Car-dealer showrooms have become uncomfortably quiet in the past several weeks. Consumers are staying away because of increasing layoffs, widespread credit tightening among banks and climbing gasoline prices. Detroit has tried to keep sales up by discounting aggressively, but that has only hurt profits. When the Big Three posted their third-quarter earnings last week, the results were dismal. Ford's profits fell 79% from a year ago, to $101.7 million, its worst performance in eight years. Chrysler fared even worse, showing a $214 million loss, compared with a $331 million profit a year...
...least for the purpose of this new techno-thriller, his best by far since The Andromeda Strain, Michael Crichton accepts the charge that genetic research these days is a headlong, unregulated profit-and-glory grab by microbiologists with more skill than wisdom. Suppose, says Crichton, that a respectable paleozoologist (call him Alan Grant) begins to get increasingly detailed queries from a secretive corporate donor about what infant dinosaurs ate. Grant sends in his best guess. More questions follow, and they have a ring of urgency. What is this...
...fact, ETS is moving as aggressively as a for-profit corporation would in seeking to expand its business. Among other things, the service is using computers and interactive video in new grammar-school courses that are designed to advance critical-thinking skills. In a program currently under development in Brookline, Mass., students play reporters who "investigate" a story from classical mythology under the direction of a computerized editor and their homeroom teacher. Then the youngsters write a story on what they have discovered. ETS is also working with computers to redesign the National Teachers Exam, used in 34 states...