Word: falling
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Dates: during 1960-1960
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...Physicist Johann Christian Doppler noted that sound waves coming from a moving object increase in frequency as the source of the sound approaches an observer, decrease as it moves away. Thus, in what has become the standard example of the Doppler effect, a train whistle seems to rise and fall in pitch as the train goes by. Similarly, the signals from a satellite increase in frequency as they move nearer to a receiver on earth, diminish as they move on. By measuring the rate of change of these frequencies, a navigator can determine his exact distance from the satellite...
...cash from coin boxes in subscribers' homes is still uncertain; the reliability of the coin boxes themselves is still unproven. No one is yet sure of the public's long-run taste in home movies or sports shows, nor can anyone be certain how business will fall off when families move out of town for the summer...
...quasi-Marxist (teaching at Harvard, Sarah Lawrence, Williams) who viewed the U.S. as ripe for fascism. When the country survived, Lerner got a crush on it, three years ago produced a sweeping, vibrant, 1,036-page paean, America as a Civilization (Simon & Schuster; $10). Last fall the admiring Ford Foundation sent him for a year to Delhi University's Indian School of International Studies to soak graduate students in U.S. lore-and in his own passion for action...
...Radio Corp. of America, President John Burns has a paper profit of $830,000 on his options for 20,000 shares of stock, while General Electric Co. Chairman Ralph Cordiner has a $1,262,260 paper profit on options exercised since 1957. But with this year's fall in the market, and the failure of many stocks to rise during the past few years, many another executive has raised the question of whether options are as golden as their glitter...
...four years of heavy losses, Underwood Corp., once the leader of the U.S. typewriter industry, needed help in a hurry. It came last fall from Italy's progress-minded Olivetti company, biggest European maker of typewriters and calculating machines; it purchased 34% of Underwood's stock for $8,700,000. When Underwood's President Frank Beane made the deal, he expected to keep running the company. But the late Adriano Olivetti and his successor Giuseppe Pero (TIME, March 21) had different ideas of the way to cure Underwood's troubles. Out went Beane and most...