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Even less connection has he with Time's only other unprofitable venture.
BERLIN — Ericsson, the world's biggest maker of mobile network equipment, said on Thursday that it would take a sizable charge against earnings to write down the value of ST-Ericsson, an unprofitable venture that makes cellphone components.
A group of about 150 Spaniards colonised the area in 1540, founding Santiago, but Chile was to prove an unprofitable venture for Spain and remained insular until the late 18th century.
In the US, where the shale gas boom began, the industry is also increasingly being seen as an unprofitable venture, but it is vastly more developed than its European cousin.
It was eventually shot over a year in Spain with money conned out of a Spanish producer, who believed that Welles was simultaneously directing on the same sets and location the Shakespearean Chimes at Midnight (a potentially unprofitable venture) and a new version of Stevenson's Treasure Island (a far more commercial prospect) with himself as Long John Silver.
Desmond, 55, has poured $83 million into the so far unprofitable venture.
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In addition, artificially cheap capital caused too much investment in unprofitable ventures.
Mr. Ryder, 56, began cutting costs and streamlining the company by selling off unprofitable ventures.
But share prices remain low, with investors holding back from unprofitable ventures.
Local circumstances also contributed, however, as capital, often borrowed from overseas, increasingly went into speculative and unprofitable ventures.
That directly subjects its business to market discipline, reducing the likelihood that management will pursue unprofitable ventures.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com