Word: fold
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Dates: during 1970-1979
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Similar pressures today generally take a financial form as colleges fold at an alarming rate. Riesman says financially weak schools often feel the need to differentiate themselves, if only slightly, from other schools in order to attract students. But change is risky because a school making the wrong choice may lose students and have to close. "If you get empty buildings, you wind up as a Holiday Inn," says Howard Solomon, dean of undergraduate studies and academic affairs at Tufts...
...conspirators of the Gang of Four, and Teng loyalists who had been ousted by the gang have been rehabilitated. In one huge demonstration in Shensi province last month, 741 people who had been branded by the radicals as a "black den of spies" were welcomed back to the party fold. Two weeks ago Teng stage-managed the removal of Tseng Shao-shan as first party secretary of industrial Liaoning province in northeastern China...
During the mad, magnificent peak travel season of '78, commercial flying finally became a mass transit business. Drawn by all the bargain fares, hordes of vacationers-retired couples, hirsute backpackers, whole families loaded down with bikes, fold-up baby strollers and other paraphernalia -swarmed into the nation's airports and almost overnight cured the airlines' lingering problem of too many empty seats. While it was a boon to the industry, whose planes have been setting records in passenger loadings (63% of capacity) and earnings (expected to be about $1 billion this year), the summer of the discounts...
Murdoch was under far less economic pressure to go it alone against fellow publishers than was former Post Owner Dorothy Schiff during the 114-day strike of 1962-63. Schiff settled with the unions 28 days before the other papers, insisting that otherwise the Post would fold. Murdoch was reported to be losing up to $12 million a year on the paper before the strike, so by not publishing he may merely have been cutting his losses. Additionally, Murdoch's New York magazine and Village Voice picked up a circulation and ad revenue windfall from the strike-Voice...
Murdoch was discreetly silent about his motives last week, but there was no shortage of taproom psychoanalysis about why he went his own way. It had been said that he would make permanent the New York Daily Metro, a strike paper he financed, then fold the Post and go after the morning markets controlled by the Times and the News. Yet the Metro died the day the Post resumed publishing. Still, Murdoch men are not ruling out a future morning tabloid, probably along the lines of his spicy and sensational London Sun. It was also said that Murdoch rushed into...