Word: press
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Dates: during 1970-1979
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...Chrysler continued to proclaim in press conferences and full-page newspaper ads the disaster that would sweep the nation and the auto industry if the U.S.'s tenth largest industrial corporation went bankrupt, the consequences of a Chrysler failure came under closer scrutiny. Some 200,000 U.S. firms declare bankruptcy annually, and the right to fail is as much a part of the capitalist system as the right to succeed. Bankruptcy is the free system's harsh but necessary means of purging companies that, through bad luck or bad management, fail to win enough customers in the marketplace...
...sisters are familiar with such temporal matters, having used positions as stockholders to press for policy changes at J.P. Stevens, Rockwell International and McDonnell Douglas. But this is the first time that the nuns have ever filed a suit...
...dawn, staff members of the tiny Madison Press Connection (circ. 11,398) were distributing copies of an eight-page "extra" edition around Wisconsin's capital. The innocuous-sounding front-page headline: A CITIZEN WRITES TO A SENATOR. The incendiary subject: hydrogen bomb "secrets" with details and even a crude diagram. Whether any of it could result in an actual bomb would soon be bitterly debated. What was immediately clear was that the paper had blown apart the legal vises tightened against three other publications seeking to print H-bomb exposés and, for the moment, headed...
...printed an excerpt, and inspired a DOE ruling that declared Hansen's letter classified information. Then Berkeley's student-run Daily Californian (circ. 22,000) was hit with a court order enjoining it from publishing the letter. Editors at the Press Connection decided to publish before they met the same roadblock. When they succeeded, the Government was forced to admit defeat, and moved to lift restrictions against the California paper and the Progressive, though court documents in the magazine's case remain sealed. Said Justice Department Spokesman Mark Sheehan: "There was no further point in protecting...
With a first-year promotion budget of $5.4 million and a staff of 121, he launched Now!, a slick weekly whose first issue was light on news, heavy on shopworn features and groaning with ads (60 pages out of 144). The initial press run of 416,000 copies was quickly claimed a sellout, but some London journalists, while wishing it well, were saying Now! should more accurately be called Then! Aside from a scoop about Iraqi spying, the only effort at hard news was a watery recap of the Rhodesian peace talks. Judged the Financial Times: "Newsmagazine is precisely what...