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Keyword: profit

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  • Body Parts for Profit: How Abortion Clinics Supply Stem Cell Research (2012 flashback)

    07/29/2015 10:31:38 PM PDT · by Nachum · 4 replies ^ | December 27, 2012 | Susanne Posel
    Dr. Leon R. Kass, the Addie Clark Harding Professor Emeritus in the Committee on Social Thought and the College at the University of Chicago and former chairman of the President’s Council on Bioethics under former President George W. Bush, has written a report entitled “The Meaning of Life – In the Laboratory”. Kass discusses the morality surrounding the US government’s funding of “research on human embryonic stem cells, cells derived from early embryos produced by in vitro fertilization in assisted-reproduction clinics.” According to the report, the use of human embryos is justified by the advancements of science which demands that...
  • GOP Rep. Hal Roger's Campaign Donor Stands to Profit from Executive Amnesty

    11/16/2014 7:04:12 PM PST · by Lake Living · 9 replies ^ | 16 Nov 2014 | MATTHEW BOYLE
    A defense contractor and top campaign contributor to House Appropriations Committee chairman Rep. Hal Rogers (R-KY) is in the running to get a contract to print millions of IDs and other government documents associated with the president’s planned executive amnesty, Breitbart News has learned exclusively. The contractor, General Dynamics, is on the list of “interested vendors” for a draft solicitation that U.S. Citizenship and Immigration Services (USCIS), an agency of the Department of Homeland Security (DHS), sent out to vendors in October. If the president goes through with an executive amnesty for millions of illegal aliens and General Dynamics gets...
  • Microsoft's Surface turns first profit in 2 years

    10/26/2014 7:48:58 PM PDT · by SeekAndFind · 49 replies
    MIS Asia ^ | 10/26/2014 | Gregg Keizer
    After two years and nearly $2 billion in losses, Microsoft's Surface turned a profit in the September quarter, the company said Thursday. For the three months ending Sept. 30, Microsoft recorded $908 million in revenue for the Surface tablet line, an increase of 127% over the same quarter in 2013. The nearly one billion in revenue was a one-quarter record for the Surface, and beat the combined revenue of the previous two quarters. Using information in Microsoft's filing with the U.S. Securities and Exchange Commission (SEC), as well as data from earlier quarters, Computerworld calculated the quarter's cost of that...
  • Obama Admin backing Ebola vaccines using aborted baby cell lines

    10/15/2014 4:02:10 PM PDT · by NYer · 33 replies
    Life Site News ^ | October 15, 2014 | John Henry Westen
    The Obama Administration has chosen to back Ebola vaccines made using cell lines cultivated from aborted babies, despite the fact that the government itself acknowledged that moral alternatives could also be used, according to a pro-life organization that specializes in advocating for morally produced vaccines.  Children of God for Life says it has discovered that several Ebola vaccines in development for use worldwide are being made using the aborted fetal cell lines.The proof of the use of the controversial cell lines in the manufacture of the vaccines is found in the patents. According to the patents, Glaxo SmithKline (GSK) and NIAID...
  • Red light cameras shut down: South SF downs devices four years after controversy over admin errors

    09/22/2014 2:20:41 PM PDT · by Navy Patriot · 35 replies
    San Mateo Daily Journal ^ | September 10, 2014 | Angela Swartz
    After pleas to remove red light cameras back in 2010, they are finally coming down in South San Francisco. Although the South San Francisco City Council voted 4-1 back in March to not continue its red light camera program, the cameras didn’t become inoperable until early August. In 2010, the city fronted $1.5 million in refunds for the almost $500 tickets after an administrative error nullified tickets generated from cameras at two locations. The dismantling of the cameras should happen very shortly, said Mayor Karyl Matsumoto. Matsumoto was the one vote in favor of keeping the cameras.SnipI personally think they...
  • How a $900 parking citation became a $25,000 federal lawsuit against SF (San Francisco)

    09/22/2014 1:27:57 PM PDT · by Navy Patriot · 73 replies
    San Francisco Examiner ^ | September 22, 2014 | Jessica Kwong
    Two San Francisco residents, one of whom is disabled, are furious with what they see as an unjust parking ticket, and they have taken their complaint to federal court. The lawsuit -- which was served Sept. 12 to The City, San Francisco Municipal Transportation Agency and one of its citation review officers, and the Police Department, its chief and the officer who issued the citation -- claims the Feb. 16 parking ticket was unlawful. Although the fine has been greatly reduced, the plaintiffs have decided to press on with their complaint.
  • Profit or Prejudice? Race Sensitivity Creates New Marketing Risks

    09/14/2014 9:49:46 AM PDT · by Kaslin · 26 replies ^ | September 14, 2014 | Autry J. Pruitt
    When Pepsi-Cola President Walter Mack recognized his company could sell more product to black Americans in the 1940s, he initiated a racially-targeted marketing effort to increase sales. It worked and the company’s market share rose dramatically in just a few years. The strategy was so successful, some inside the company were concerned it might be off-putting to white consumers, prompting Mack to declare that Pepsi would not, “become known as a n----r drink.”This infamous racial slur, unapologetically stated in the presence of African-American ad executives, ran through my mind after reading media reports about the racist emails from Atlanta Hawks...
  • 200 pairs of panties stolen at east Georgia mall

    07/21/2014 2:28:03 PM PDT · by Red Badger · 30 replies
    AP ^ | 07-21-2014 | Staff
  • Obama weighs crackdown on for-profit college industry

    06/01/2014 2:32:22 PM PDT · by Libloather · 34 replies
    The Hill ^ | 6/01/14 | Ben Goad
    It's decision time for the Obama administration on a major rule designed to crack down on colleges that saddle students with a mountain of debt without preparing them for the job market. The Education Department is under intense pressure as the agency prepares to finalize its highly anticipated "gainful employment" regulations, aimed squarely at for-profit college programs seen as predatory. Go too far, business groups warn, and the Obama administration risks denying millions of students a higher education. Yet the agency’s draft rule, issued in March, has come under fierce criticism by some congressional Democrats and advocates, including former Homeland...
  • Profit Is Indispensable for Prosperity: Thomas Piketty's Popularity Explains Our Sluggish Economy

    05/08/2014 6:39:31 AM PDT · by SeekAndFind · 2 replies
    Forbes ^ | 05/08/2014 | Steve Forbes
    FRENCH ECONOMIST and darling of the left Thomas Piketty is the latest in an endless array of economists who are clueless regarding profits and what brings about prosperity and a higher standard of living. In his call for ferocious wealth and income taxes on a global scale to combat what he believes is the growing inequality between the rich and everyone else, Piketty has become a media rock star. This merely underscores the fact that pundits and all too many journalists, politicos and economists know less about money and economics than their forebears did 100 years ago. No wonder the...
  • Microsoft’s third quarter earnings beat Wall Street expectations

    04/24/2014 3:04:30 PM PDT · by SeekAndFind · 8 replies
    Seattle Times ^ | 04/24/2014 | Janet I. Tu
    For its fiscal third quarter, which ended March 31, Microsoft beat analysts’ expectations. The company posted earnings per share of 68 cents on revenue of $20.40 billion. It reported $5.66 billion in profit. Analysts had expected Microsoft to report third-quarter revenue this year of about $20.38 billion, and earnings per share of 63 cents, with profit of $5.26 billion, according to a Bloomberg consensus estimate.
  • GM 4Q Profit Widely Misses Expectations

    02/06/2014 5:40:32 AM PST · by mykroar · 9 replies ^ | 2/6/14 | Reuters
    <p>General Motors Co posted a weaker-than-expected fourth-quarter profit on Thursday as results in North America, Asia and South America disappointed.</p> <p>Net income rose to $913 million, or 57 cents a share, from $892 million, or 54 cents a share, in the year-earlier quarter.</p>
  • JC Penney to shed 33 stores, cut 2,000 jobs

    01/16/2014 12:23:51 AM PST · by South40 · 50 replies
    MSN/Reuters ^ | 1/16/2014 | Phil Wahba
    NEW YORK – J.C. Penney Co. said on Wednesday it would close 33 stores and cut 2,000 jobs as part of its efforts to return to profitability. Chief Executive Myron Ullman said in a statement the action "addresses a strategic priority to improve the profitability of our stores." Penney is the second major U.S. retailer in as many weeks to announce layoffs. Last week, Macy's Inc said it was eliminating 2,500 jobs. Those cuts will be offset over time as the retailer plans to add positions to its online business, leaving overall staffing levels unchanged at around 175,000.
  • If Obamacare Insurance was no longer Mandatory, would Liberal Democrats still buy it?

    11/13/2013 6:41:58 AM PST · by Graewoulf · 23 replies
    Graewoulf | November 13, 2013 | Graewoulf
    What would be the incentive for increased consumer demand for purchase of an Obamacare Insurance Policy instead of purchasing a policy from a private insurance company? After one year of competition on an open insurance market, how would Obamacare rate in terms of new policies, customer satisfaction, customer privacy, customer recommendations to others, and profit margins? After five years of insurance sales, would Obamacare still be operating at a net financial loss? Could a non-mandatory Obamacare be packaged for sale to a private Insurance Company? What would the the Fair Market Value of the privatization sale of Obamacare?
  • Mormon church-owned company buys huge swath of Florida land

    11/08/2013 11:51:18 AM PST · by greyfoxx39 · 498 replies
    Orlando Sentinel ^ | November 7, 2013 | Kevin Spear
    <p>The Mormon church stands to own nearly 2 percent of Florida by completing a deal to buy most of the real estate of the St. Joe Co. for more than a half-billion dollars.</p> <p>The megapurchase was announced jointly Thursday by a corporate representative of church, which owns the nearly 295,000-acre Deseret Ranches in Central Florida, and by the real-estate and timber business, which has built several communities along the Panhandle coast.</p>
  • Investors: McAuliffe Donor Gave 'Full Disclosure' on Scheme to Profit from Terminally Ill

    10/27/2013 11:37:07 AM PDT · by Nachum · 16 replies
    breitbart ^ | 10/27/13 | Michael Patrick Leahy
    On Saturday, the Washington Post revealed further details on a scheme investing in the pending deaths of terminally ill patients which attracted the capital of Virginia Democratic gubernatorial candidate Terry McAuliffe. Earlier this month, Breitbart News reported that McAuliffe admitted he was a "passive investor" in an investment fund organized by his friend and donor, Joseph Caramadre, that preyed on terminally ill patients. Caramadre's fund would pay terminally ill patients a small amount of cash before their death and, at the same time, would purchase life insurance policies on them. When the patient died, Caramadre and his investors reaped huge...
  • How to Enrich or Impoverish a Nation

    09/25/2013 6:59:56 AM PDT · by Paladins Prayer · 5 replies
    American Thinker ^ | September 25, 2013 | Selwyn Duke
    What has lifted more people out of poverty, charity or economic freedom? It's not even close. Charity is wonderful, and I'll be the first to say we have an obligation to share our gifts, be they material, intellectual, or talent oriented. Yet whether our redistributionist endeavor is charity -- and charity is voluntary redistribution -- or the less noble, coercive outsourcing of charity known as government programs, there first must be wealth to redistribute. But where does wealth come from? If we go back to biblical times and beyond, a man might be considered wealthy if he had 70 goats....
  • ObamaCare's architects reap windfall as Washington lobbyists (Pelosi knew)

    08/27/2013 1:54:07 PM PDT · by Libloather · 2 replies
    The Hill ^ | 8/25/13 | Megan R. Wilson
    ObamaCare has become big business for an elite network of Washington lobbyists and consultants who helped shape the law from the inside. More than 30 former administration officials, lawmakers and congressional staffers who worked on the healthcare law have set up shop on K Street since 2010. Major lobbying firms such as Fierce, Isakowitz & Blalock, The Glover Park Group, Alston & Bird, BGR Group and Akin Gump can all boast an Affordable Care Act insider on their lobbying roster — putting them in a prime position to land coveted clients. “When [Vice President] Biden leaned over [during the signing...
  • Abraham Lincoln Was The Anti-Obama, A Profit Loving Capitalist Tool

    06/22/2013 6:03:24 AM PDT · by SeekAndFind · 115 replies
    Forbes ^ | 06/22/2013 | Kyle Smith
    Weighing the economics of Abraham Lincoln isn’t easy to do in today’s terms. Lincoln was pro-subsidy and pro-tariff, both of which stances tend to be assigned to the interventionist left in today’s discussions. But Lincoln’s infrastructurally and financially primitive economy was not ours, and it’s worth thinking about how he might govern today given that in his words there is an unshakeable faith in free enterprise. Lincoln was pro-business, laudatory of wealth creation (and the inequality that goes with it), against class warfare and in favor of exploiting natural resources. “Property,” he said in 1864, “is the fruit of labor...
  • Media Fail: Smith & Wesson Stock, Sales Soar

    06/14/2013 9:29:50 PM PDT · by servo1969 · 17 replies ^ | 6-14-2013 | John Nolte
    Gun maker Smith & Wesson hit a revenue record during their last fiscal year, which ended April 30. Preliminary numbers show that sales were up 43% over the previous year and hit $580 million. CNN Money reports that, "Earnings were a record $1.22 a share, up from 40 cents a share in the prior fiscal year." It is hard to judge who Smith & Wesson should thank most: Gun-grabber President Obama, murdered-child-exploiter Piers Morgan, or insufferable-sell-out Joe Scarborough.
  • Airlines collected record baggage fees in 2012

    05/14/2013 1:44:55 PM PDT · by oxcart · 20 replies
    Associated Press ^ | 05/14/13 | SCOTT MAYEROWITZ
    NEW YORK (AP) -- U.S. airlines collected more than $6 billion in baggage and reservation change fees from passengers last year - the highest amount since the fees became common five years ago. Passengers shouldn't expect a break anytime soon. Those fees - along with extra charges for boarding early or picking prime seats - have helped return the industry to profitability. Airlines started charging for a first checked suitcase in 2008 and the fees have climbed since. Airlines typically charge $25 each way for the first checked bag, $35 for the second bag and then various extra amounts for...
  • Labor pains continue despite soaring profits (Why this Friday's jobs numbers will have a fake feel)

    04/30/2013 9:16:19 AM PDT · by SeekAndFind · 3 replies
    New York Post ^ | 04/30/2013 | John Crudelle
    This Friday, at precisely 8:30 a.m., everyone will be asking the same question: Why aren’t companies hiring more workers? That’s the same question America has been asking for the past six years. And the simple answer hasn’t changed: Because corporate executives don’t want to. The reasons behind that curt answer are a lot more complex. Some data might help explain it a bit. As of yesterday, a little more than half of the companies represented in the Standard & Poor’s 500 index had reported first-quarter results. And 69 percent of those companies came in with profits that were better than...
  • "Like a Good Neighbor, State Farm is there," but "THERE" will soon be Texas, not Illinois

    02/22/2013 10:17:00 AM PST · by Oldpuppymax · 36 replies
    Coach is Right ^ | 2/22/13 | Kevin "Coach" Collins
    State Farm, the nationally knowninsurance chain headquartered in Bloomington Illinois, has apparently had its fill of “The Land of Lincoln’s” confiscatory taxes. The 800 million dollar company is reported to have purchased “substantial workspace” in the Dallas, Texas area. The giant insurance firm’s workers are being kept in the dark reportedly to avoid “alarming them” but is it their workers or the State of Illinois they would like to keep in the dark about this move? If this doesn’t signal State Farm’s coming dash out of Illinois’s clutches what could it mean? A knowledgeable Dallas real estate insider has called...
  • White House unveils awaited Affordable Care Act profit margin rule

    02/16/2013 7:20:45 PM PST · by Libloather · 54 replies
    The Hill ^ | 2/16/13 | Ben Goad
    A proposed federal rule to cap profit margins for certain health insurance plans and prescription drug benefit programs is now available for review. The latest in a raft of rules required by President Obama’s landmark healthcare law, the proposed rule was drafted by the Centers for Medicare and Medicaid Services (CMS) and sent to Pennsylvania Avenue on Thursday. The White House’s Office of Information and Regulatory Affairs (OIRA) is moving quickly to issue the proposal, which will hit the Federal Register on Tuesday. That begins a 60-day comment period. CMS will consider all comments before finalizing the rule. The 116-page...
  • Administrator Group Rails Against Education 'Profiteers;' Makes Millions Off Schools

    01/03/2013 12:49:55 PM PST · by MichCapCon · 2 replies
    Michigan Capitol Confidential ^ | 12/30/2012 | Tom Gantert
    The Michigan Association of School Administrators has been one of the most vocal organizations against what it calls “for profit” charter schools. In an op-ed, MASA Executive Director William Mayes rails against “profiteers who will be allowed to take taxpayer dollars … ” While Mayes complains about "profiteers" he has been paid on average a total compensation of $205,000 the past three years, according to records MASA submitted to the Internal Revenue Service. MASA makes a significant amount of its money due to its relationship with public schools. MASA made $3.3 million on its “program service revenue” that involves two...
  • Public Schools: 'Profit' Bad For Others, Good For Us

    12/18/2012 10:32:16 AM PST · by MichCapCon · 1 replies
    Michigan Capitol Confidential ^ | 12/15/2012 | Tom Gantert
    Vickie Markavitch has been one of the leading voices among the public school superintendents warning parents about education reform legislation that she says will have "public tax dollars profiting Wall Street." She has been traveling around the state speaking out against the legislation all the while her school district houses a non-profit that uses school resources to advocate against school choice bills. Markavitch and some other superintendents across the state are saying House Bills 6004 and 5923 and Senate Bill 1358 will lead to “for-profit” schools opening in Michigan. As Markavitch rails against "for profit" schools, it is interesting to...
  • Treasury to sell its remaining stake in AIG

    12/10/2012 9:36:34 PM PST · by Nachum · 10 replies
    L.A. Times ^ | 12/10/12 | Jim Puzzanghera
    <p>WASHINGTON -- The Treasury Department said Monday that it would sell its remaining ownership stake in insurance giant American International Group, effectively ending one of the largest bailouts of the financial crisis and turning a profit for taxpayers.</p> <p>The sale of the Treasury's remaining 234 million shares -- 15.9% of the company -- would add to the $15.1 billion in profit the government already has made on the bailout. The Treasury would still hold warrants in AIG after the stock sale.</p>
  • Applebee’s targeted after franchisee mulls hiring freeze in response to Obamacare

    11/10/2012 7:23:07 PM PST · by SoFloFreeper · 106 replies
    Twitchy ^ | 11/10/12 | staff
    From the Twitchy staff:
  • Which Corporations Profit from Food Stamps?(Big Banks and Corporations)

    06/16/2012 8:01:59 AM PDT · by Son House · 14 replies ^ | June 15, 2012 | Noel Brinkerhoff, Vicki Baker
    In these tough economic times, millions of Americans have leaned heavily on food stamps. This government assistance program also has done well by some of the country’s biggest banks and corporations.   An investigation by the advocacy group Eat Drink Politics found banks and businesses have reaped multi-million-dollar contracts from the government to administer food stamp programs at the state level. Yet, the U.S. Department of Agriculture, which oversees the Supplemental Nutrition Assistance Program (SNAP), doesn’t make public how much profit the banks and other businesses earn by acting as government agents for the program.   One significant beneficiary...
  • Video: Jay Carney Forced To Concede There Is “Nothing Wrong With Profit”…

    06/04/2012 2:59:45 PM PDT · by Nachum · 3 replies
    Weasel Zippers ^ | 6/4/12 | zip
  • Records: Prof profited by buying, selling homes

    06/02/2012 9:05:05 AM PDT · by izzatzo · 25 replies ^ | 06/02/2012 | Kronenberg/McConville
    Elizabeth Warren, who has railed against predatory banks and heartless foreclosures, took part in about a dozen Oklahoma real estate deals that netted her and her family hefty profits through maneuvers such as “flipping” properties, records show. A Herald review has found that the Democratic U.S. Senate candidate rapidly bought and sold homes herself, loaned money at high interest rates to relatives and purchased foreclosed properties at bargain prices.
  • Obama: Profit motives don't belong in the W.H.

    05/24/2012 6:21:30 PM PDT · by Nachum · 19 replies
    Politico ^ | 5/24/12 | DONOVAN SLACK
    DES MOINES, Iowa – President Obama celebrated the role Iowa played in his campaign in 2008 and took aim once again at Mitt Romney’s business background at a campaign rally on the Iowa State Fairgrounds on Thursday. “The last time he visited these same fairgrounds, he famously declared that corporations are people,” Obama told a crowd of roughly 2,500 packed into an exhibit space. “Human beings, my friends.” The president maintained that the private equity industry is a welcome part of the economy – risk-takers and investors should be rewarded, he said. But their motives are not job creation. “The...
  • The Venture Capitalist vs. The Vulture Socialist

    01/12/2012 5:12:36 AM PST · by Cincinatus' Wife · 27 replies
    The American Spectator ^ | January 12, 2012 | George Neumayr
    Put the worst possible construction on Mitt Romney's career as a venture capitalist and it still looks much better than Barack Obama's. Pecking at the entrails of a limping economy, Obama is the vulture socialist. A president who promised to bankrupt the coal industry is in no position to gainsay Romney's record of job creation at Bain Capital. Romney created at least 100,000 jobs in private life; Obama created none. Then Obama entered office and racked up a record of job destruction that would give even the most reckless corporate raiders pause. The vulture socialists feed off an economy that...
  • In Greed I Trust

    01/11/2012 9:08:24 AM PST · by Kaslin · 16 replies ^ | January 11, 2012 | Walter E. Williams
    Last week's column started off asking: "What human motivation gets the most wonderful things done?" The answer is that human greed is what gets wonderful things done. I wasn't talking about fraud, theft, dishonesty, special privileges from government or other forms of despicable behavior. I was talking about people trying to get as much as they can for themselves. Think about greed and racial discrimination. In 1947, when the Brooklyn Dodgers hired Jackie Robinson, why did racial discrimination by major league teams begin to drop like a hot potato? It wasn't feelings of guilt by white owners, affirmative action or...
  • Is MSNBC Merely a Stooge Front for The Debtocrat National Committee (DNC)?

    10/05/2011 10:48:32 AM PDT · by Graewoulf · 27 replies
    Opinion/Vanity | October 5, 2011 | Graewoulf
    Is MSNBC merely a lost leader for the National Debocrat Party? If the Debtocrats stopped their financial support, could the leading talking heads at MSNBC find another anchor job? At a time when jobs, jobs, jobs, are so important, important, important, one needs to fear, fear, fear! Consider Chrissy "Shout-down-all-of-your-guests-who-disagree-with-you" Matthews. Not a lot of hope for a change in him. Maybe as a reporter on labor activities? Hope, and Change, Hope and Change, Hope and Change has just GOT to work someday - - - ? And then there is the gal infected, (terminally, I'm told), with the horrifying...
  • Brace for profit forecasts to be reeled in

    09/06/2011 9:25:16 AM PDT · by Signalman · 2 replies
    CNN Money ^ | 9/6/2011 | Ken Sweet
    NEW YORK (CNNMoney) -- Corporate America's strong earnings have been pushing stocks higher for more than two years now, but there are early signs that the momentum many companies have had in this miserable economy is beginning to fade away. Seventy six companies in the S&P 500 have issued warnings that third-quarter earnings were going to be lower than previously expected, according to data compiled from Thomson Reuters. That's up modestly from the same period a year ago. Meanwhile, stocks have fallen to levels where Wall Street is pricing in little-to-no earnings growth for the rest of the year. The...
  • Mortgage fraud still prevalent (high profits, low risk = $10 billion)

    08/20/2011 11:19:11 AM PDT · by Libloather · 1 replies
    Tri Valley Central ^ | 8/17/11 | NEDRA PICKLER
    Mortgage fraud still prevalentArizona is among top 11 states affected By NEDRA PICKLER Associated Press Published: Wednesday, August 17, 2011 4:13 AM MST Mortgage fraud remains widespread in the depressed housing market, with perpetrators motivated by high profits and little risk of getting caught, the FBI said Friday. **SNIP** “These methods will likely remain effective in the near term, as the housing market is anticipated to remain stagnant through 2011,” the FBI said. The bureau’s pending investigations into mortgage fraud increased 12 percent last year over 2009, officials said. The most prevalent schemes involve falsifying financial information to qualify buyers...
  • Vatican budget emerges from the red

    07/04/2011 6:47:12 AM PDT · by Gamecock · 18 replies
    BBC ^ | 2 July 2011
    The Vatican has announced its finances have returned to profit - after three consecutive years in the red. Its report said the Holy See saw revenues of 245.2m euros (£222m; $356m) against expenses of 235.3m in 2010. But annual donations from churches worldwide - known as Peter's Pence - were down nearly $15m to $67.7. The separately administered Vatican City State also made a 21m-euro profit due to strong ticket sales at the Vatican Museums. The Vatican lost 4m euros in 2009 and was also in the red in 2008 and 2007.
  • 'NO SPEAK ENGLISH - NO SERVICE' sign leads to restaurant's SALES TRIPLING

    05/23/2011 1:55:45 AM PDT · by Yosemitest · 34 replies ^ | 20th May 2011 | By Daily Mail Reporter
    Good for business: 'No speak English - no service' sign leads to restaurant's sales TRIPLING By Daily Mail Reporter on 20th May 2011 Some chefs spend their lifetimes unsuccessfully slogging away to improve business. But all it took for Reedy Creek Diner chef Greg Simons in Lexington, North Carolina, was to put up a controversial language sign and he’s seen his sales triple. Mr Simons put up the ‘No speak English. No service’ sign in March and says he’s received great support - with some people asking for souvenir copies to take home. ‘All these calls I've gotten from outside...
  • The President's Struggle Against Capitalism

    05/19/2011 4:00:49 PM PDT · by Barry Secrest · 7 replies
    Conservative Refocus ^ | 05/19/2011 | Barry Secrest
    When President Obama recently appeared at the Texas Border town of El Paso, he immediately made it painfully clear to all Americans that disingenuous Liberal sophistry will undoubtedly reign supreme for the looming 2012 elections. Obama's remarks lit up yet another Texas firestorm, in this storied frontier town, when he defended his efforts at 'border insecurity' against Republican attacks with this ridiculous comment: "Yet they remain unsatisfied, Maybe they'll need a mote, maybe they want alligators in the mote" The beyond ludicrous statements by Obama only highlighted the Presidents stunning lack of zoological knowledge. Virtually everyone knows that the American...
  • Exxon's profit soars 69 percent, tops Street [Revenue rose 26 percent to $114 billion....]

    04/28/2011 6:18:21 AM PDT · by Sub-Driver · 29 replies
    Exxon's profit soars 69 percent, tops Street 8:34am EDT HOUSTON (Reuters) - Exxon Mobil Corp's quarterly profit rose a better-than-expected 69 percent as the world's largest publicly traded oil company benefited from higher crude prices and better margins for its refineries. The Irving, Texas, company reported a first-quarter profit of $10.65 billion, or $2.14 per share, up from $6.3 billion, or $1.33 per share, a year earlier. Analysts on average had expected Exxon to report a first-quarter profit of $2.07 per share, according to Thomson Reuters I/B/E/S. Revenue rose 26 percent to $114 billion.
  • King Obama: Oil Companies "Making Enough Profit"

    04/27/2011 8:09:31 PM PDT · by kristinn · 29 replies
    Wednesday, April 27, 2011 | Kristinn
    CBS News' Mark Knoller reports via Twitter on Obama statement at one of the three New York City fundraisers he headlined this evening:"They're making enough profit," says Obama of big oil companies, calling for their $4billion in tax breaks/subsidies to be eliminated.Obama said "we can do a lot" with the $4-billlion in oil company tax breaks. Said US should invest in energy of the future, not the past.
  • Federal Reserve reports record profit (2010 - $81.7 billion)

    03/23/2011 11:45:48 AM PDT · by Libloather · 24 replies
    The Hill ^ | 3/22/11 | Peter Schroeder
    Federal Reserve reports record profitBy Peter Schroeder - 03/22/11 12:12 PM ET The Federal Reserve turned a record $81.7 billion profit in 2010, up 53 percent from 2009, the central bank reported Tuesday. The vast majority of the Fed's profit — $79.3 billion — will be turned over to the Treasury Department, with the rest being paid out to member banks in dividends. A substantial chunk of that profit came from increased interest income from the $1 trillion in mortgage-backed securities the Fed purchased during the financial crisis to help stabilize the housing market. The Fed made $24.4 billion more...
  • Fed turns record profits over to Treasury

    01/10/2011 3:18:47 PM PST · by Toddsterpatriot · 39 replies
    Reuters/Yahoo Finance ^ | January 10, 2011 | Glenn Somerville
    WASHINGTON (Reuters) - The Federal Reserve reported on Monday its earnings jumped by more than 50 percent in 2010 to a record $80.9 billion on its massive holdings of securities, and it is turning the bulk of it over to the U.S. Treasury Department. The $78.4 billion that the Fed is remitting to Treasury is also a record and is $31 billion more than a year earlier. In 2009 the Fed had net income of $53.4 billion.
  • Occidental buys land for $1.4 billion (How much more will the greedy Algore profit?)

    12/17/2010 7:56:38 AM PST · by Libloather · 11 replies · 1+ views
    Williston Herald ^ | 12/13/10 | Nick Smith
    Occidental buys land for $1.4 billionBy Nick Smith Williston Herald Published/Last Modified on Monday, December 13, 2010 11:33 AM CST One of the largest oil and gas companies in the country has announced a billion-dollar purchase of net acreage in North Dakota. Occidental Petroleum of Los Angeles, Calif., has purchased 180,000 net contiguous acres in North Dakota. The purchase, at a price $1.4 billion, was from a private seller. According to an Occidental Petroleum press release, the North Dakota acreage currently produces approximately 5,500 barrels of oil equivalent per day. The company expects to increase that production to 30,000 barrels...
  • Why Successful Businesses Benefit Us All

    10/31/2010 9:38:55 AM PDT · by Alyssa Kaeding · 2 replies
    Alyssa Kaeding ^ | Alyssa Kaeding
    Do you own a car, laptop, ipod, or cell phone? Are they beneficial to your life in some way? Could you imagine your life without them? What about tomorrow’s cool inventions? What enables society to provide you with these upcoming inventions? How can we best encourage invention and foster innovation so that we can enjoy a better standard of living?
  • Congressional Staffers (including a Harry Reid aide) Gain From Trading in Stocks

    10/11/2010 5:12:43 AM PDT · by reaganaut1 · 7 replies
    Wall Street Journal ^ | October 11, 2010 | BRODY MULLINS, TOM MCGINTY and JASON ZWEIG
    Chris Miller nearly doubled his $3,500 stock investment in a renewable-energy firm in 2008. It was a perfectly legal bet, but he's no ordinary investor. Mr. Miller is the top energy-policy adviser to Nevada Democrat and Senate Majority Leader Harry Reid, who helped pass legislation that wound up benefiting the firm. Jim Manley, a spokesman for Mr. Reid's office, initially defended Mr. Miller's purchase of shares in the company, Energy Conversion Devices Inc. He said the aide had no influence over tax incentives for renewable-energy firms, and that other factors boosted the stock. But on Sunday, Mr. Manley added: "Mr....
  • Wall Street’s Engines of Profit Are Slowing Down

    09/19/2010 9:54:04 PM PDT · by Nachum · 3 replies
    New York Times ^ | 9/19/10 | Nelson D. Schwartz
    Inside the great investment houses on Wall Street, business has taken a surprising turn — downward. Even after taxpayer bailouts restored bankers’ profits and pay, the great Wall Street money machine is decelerating. Big financial institutions, including commercial banks, are still making a lot of money. But given unease in the financial markets and the economy, brokerages and investment banks are not making nearly as much as their executives, employees and investors had hoped. After an unusually sharp slowdown
  • Obama's Silver Lining?

    09/06/2010 4:47:00 AM PDT · by Rashputin · 24 replies
    American Thinker ^ | Sept 6, 2010 | Jeffrey Folks
    Oddly enough, Obama's highly educated squad of advisors has failed to identify the chief cause of unemployment: lack of growth in the economy. In fact, the word "growth" is noticeably absent in Obama's speeches. Instead, there is a great deal in his addresses about "fairness," "subsidies," "stimulus," and "benefits." There is nothing about the sort of growth that stems from private investment based on the worthy expectation of profit. As Obama put it in one of the most sophomoric pronouncements in presidential history: "Now is not the time" for profits. Has the President ever considered the fact that his relentless...
  • Shia LaBeouf Tops Forbes List of Actors Worth Their Pay (Best profit for the buck)

    09/01/2010 1:50:17 PM PDT · by SeekAndFind · 91 replies
    ABC NEWS ^ | 09/01/2010 | Zorianna Kit
    For the second straight year, "Transformers" star Shia LaBeouf topped a list of Hollywood's Best Actors for the Buck with women claiming five of the top 10 spots compared to zero last year. Based on the financial news site's own calculations, for every $1 the studios spent on LaBeouf, his films return about $81 of profit. Those movies included "Transformers: Revenge of the Fallen" ($836 million worldwide box office) and the fourth "Indiana Jones" film ($787 million). Anne Hathaway took the No. 2 spot, earning the studios $64 off of her films for every dollar they spent for her...