April 1 - Conrail (Consolidated Rails Corporation) is formed by the U.S. government, to take control of 13 major Northeast Class-1 railroads that had filed for bankruptcy protection. Conrail takes control at midnight, as a government-owned and operated railroad till 1986, when it is sold to the public.
April 5 - Tiananmen Incident: Large crowds lay wreaths at Beijing's Monument of the Martyrs to commemorate the death of Premier Zhou Enlai. Poems against the Gang of Four are also displayed, provoking a police crackdown.
June 20 - Hundreds of Western tourists are moved from Beirut and taken to safety in Syria by the U.S. military, following the murder of the U.S. ambassador.
July 4 - The Puerto Rican Socialist Party (PSP) leads 50,000 marchers in Philadelphia to demand a "Bicentennial Without Colonies" and independence for Puerto Rico.
July 4 - Entebbe Raid: Israeli airborne commandos free 103 hostages being held by Palestinian hijackers of an Air France plane at Uganda's Entebbe Airport; 1 Israeli and several Ugandan soldiers are killed in the raid.
July 7 - German left-wing terrorists Monika Berberich, Gabriella Rollnick, Juliane Plambeck and Inge Viett escape from the Lehrter Straße maximum security prison in West Berlin.
July 29 - In New York City, the "Son of Sam" pulls a gun from a paper bag, killing 1 and seriously wounding another, in the first of a series of attacks that terrorize the city for the next year.