Word: overnighters
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...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 was also a season...
...predict the value of their currency tomorrow morning much less a year from now, have grown overly cautious. Instead of marketing the new product that may (or may not) bring a profit in three or four years, they are gambling in the currency markets in hopes of making an overnight gain on a falling dollar or rising yen. That is one reason why business investment and economic growth in most Western industrial countries are running at only half the level of the 1960s...
Enough of this overnight sensation business. Of course, no one had heard of Boston before their first album came out two years ago. Not even heavy corporate types around the record company, who got interested when this virtually unadvertised debut by an unknown group sold its first million albums. Interest grew keener when Boston doubled those sales, then doubled them again...
...rope-a-dope-a powerful champion eleven years his junior. Leon Spinks, on the other hand, was overwhelmed by the new status he had so frantically sought. The privations of a ghetto background had suddenly been replaced by $3.75 million purses. The gap-toothed young street fighter was, overnight, the biggest man in sports. There were cars, women and arrests for driving without a license or headlights or a proper sense of direction on one-way streets...
Scattered fighting was reported from Chinandega, which the guard wrested from the rebels Sunday. There was some shooting overnight in Managua where businessmen vowed to continue a nationwide strike they called August 25 to pressure Somoza to resign...