2014 Event By court order, student athletes can now profit from commercial use of their names and images; NCAA had previously retained all revenues from such deals, but students will now have profits placed in trust funds to be received upon leaving school 2014 Event Facebook announces first-quarter profits of $642 million, an increase of nearly a factor of 3 over first-quarter profits in 2013, resulting in earnings of 25 cents per share versus the 17 cents per share expected by Wall Street 2014 Event Retailer J.C. Penney announces plans to restore profits by cutting 2,000 jobs and close 33 of its 1,100 mid-market department stores 2012 Event U.S. company Google, Inc., announces its 2012 first quarter earnings rose by more than 24%, and net profits increased to $8.14 billion 1990 Event Paul Newman wins a court victory over Julius Gold, to keep giving all profits from Newman foods to charity 1917 Event Congress passes 1st excess profits tax on corporations
