Word: profiteering
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Dates: during 2000-2000
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...vendors, who either are homeless or have been homeless, buy the paper from the program for 25 cents each, sell for $1 and keep the profit...
...Putting cash directly in the hands of the homeless is unique in a non-profit organization," says Linda Larson, editor of Spare Change...
Based on the tentative proposals that the three universities divulged last week, the long-distance learning program would be a non-profit and not-for-credit consortium that would focus on continuing education through the schools' faculties of arts and sciences. The idea is that graduates will be able to log on and get information in different fields in a specifically tailored flexible environment that would not be geared towards racking up additional credits towards an advanced degree. As a tangential benefit, the program might eventually lead to enhanced online resources for undergraduates...
...Besides, Nevada law frowns on unfriendly corporate takeovers--and even a Kerkorian insider admits, "Wynn has a grade-A defense." Perhaps to get around that, MGM Grand called its offer friendly, at least for now. Still, Kerkorian takes no for an answer only in exchange for a hefty profit. In 1996 he scrapped a run at Chrysler after his stock in the carmaker reportedly doubled in value to nearly $3 billion. (Kerkorian currently owns about 5% of DaimlerChrysler...
...store, which had vaulted ceilings and was the first U.S. retailer to sell European clothing, closed its doors more than a decade a go - its site is now occupied by the gaudy Trump Tower and a Nike emporium - and the final store of the chain hadn't turned a profit in 10 years. On Monday, its current owner, Pyramid, finally decided to boot the retailer from a mall the company owns. Taking over the space: a specialty store...