Word: past
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Dates: during 1970-1979
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...roaring at 13%. The Labor Department announced that consumer prices rose by 1.1% in August, the seventh straight month of an increase of 1% or more. Because prices rise faster than wages and salaries for most workers, the real take-home pay of Americans has declined 4.3% in the past year...
That day never came. Though United Press-which merged with the Hearst chain's International News Service in 1958 to form United Press International-has gained ground on Associated Press over the years, it has always been No. 2. Even worse, U.P.I. has lost $17 million in the past 18 years, including $2.5 million last year. (A.P. is a nonprofit cooperative and usually comes close to breaking even.) For years, U.P.I.'s possible demise was a popular taproom topic among journalists...
Despite its smaller size and financial troubles, U.P.I. has been faster to embrace advanced technology and new lines of business than its larger rival. U.P.I. has invested more than $21 million over the past decade to automate its news-gathering operations and has opened a $10 million computer center in Dallas (corporate headquarters will remain in New York City, a few blocks from A.P.'s). U.P.I. began audio reporting for radio in 1957, and now supplies news reports to roughly 1,000 stations, 300 more than A.P. In early 1977, the company established a commodity wire report with Knight...
Long the fat matron of Montreal's once powerful English-speaking minority, the Star consistently outsold its morning rival, the Gazette (circ. 168,000), which was founded in 1778 and is owned by the Southam chain (the Ottawa Citizen and 13 other Canadian dailies). But over the past two decades, Toronto has gradually displaced Montreal as the nation's leading city. English-speaking Montrealers began moving out in even larger numbers after René Lévesque's secession-minded Parti Québecois won control of Quebec in 1976. For a while, the Star weathered that...
...more is involved than dollars, and ABC, which considers itself the sports network, believes the Olympics are important to its prestige. It has televised the past three Olympics and was furious that in the last bidding NBC captured the rights to the 1980 Moscow Olympics for $87 million. ABC was determined not to let that happen again...