Laro was owed nearly $200,000, and the unpaid debt wiped out the company's profits that year.

Similarly, the automakers offered discounts - partly through zero-percent financing - that wiped out their profits, but kept car sales surprisingly strong.

The failure of a single project could wipe out a year's profits.

And swings in currency values can wipe out a company's profits when it repatriates them.

Mizuho's losses due to the erroneous trade that day wiped out the entire quarter's profits.

Since then, problems at both divisions have wiped out Credit Suisse's profits.

The cost of replacing the AI unit would wipe out his profits for the entire trip.

Bank of America agrees to a payment that wipes out all its profits since the onset of the financial crisis in 2008.

It is true that a weak dollar can reduce or even wipe out foreign investors' profits when they convert dollars into their home currency.

The last time the union went on strike, in September 1998, it shut down the airline for 13 days, wiping out a year's profits.