Word: digester
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...paper's management techniques were so relaxed that there had never been a budget. One of Sulzberger's first, and gutsiest, moves was to shut down the hemorrhaging West Coast edition. More important, he started diversifying the Times by buying Cowles Communications, with its lucrative magazines (Family Circle, Golf Digest) and small newspapers. Diversification, according to Columnist James Reston, has been Sulzberger's shrewdest move to date. "With more of the company's earnings coming from outside the paper," says Reston, "Punch could confront the unions with the fact that we could take a strike if necessary...
...elections, the flight of capital is bound to continue. Otto Wolff von Amerongen, who heads his own $1 billion steel firm and is chairman of the German chambers of commerce and industry, shudders at the thought of a leftist victory in a Common Market country. Says he: "We cannot digest within the Community a Communist-dominated government." That may be so, although other European commentators are less fearful about Communist participation in Cabinets. Meanwhile, the U.S. Commerce Department has set up a new office of foreign investment to welcome all those well-heeled foreigners...
...magazine editors protray themselves as gadflies in a gadflydeficient society. To be sure, we are cynical and lax and brimstone fuel-to-be. But I doubt that Journal is going to sting us out of apathy. It's a gadfly, sure, but one that has tried to digest too rich a diet and wound up too heavy to fly very high...
...slow summer TV season. Referring to his farewell speech, Nixon said jocularly: "We got a hell of an audience on August 9, 1974." To ensure that same hell of an audience in May, Frost met with his subject at San Clemente last week to iron out final details and digest the briefing books put together by his staff for the marathon taping sessions scheduled from March 23 to April 20. Under the terms of the $650,000-or-so deal, the ex-President has no control over content or editing and cannot see any of the questions in advance. "Nixon...
...largely on the events of his presidency. Hers will be a more personal memoir, a candid look at her struggle to balance her roles as public figure, wife and mother. No unseemly family rivalry is likely: the double contract with Co-Publishers Harper & Row and the Reader's Digest will yield the two Fords a cool $1 million...