Breakthroughs and everyday innovations from the year.
HEADLINES ON May 4, 1946
Full News Archive
- Headline: W. Hugh Donny's Visit in 1946. Impact: Donny's arrival kickstarted a series of travel innovations, eventually leading to the invention of the airport lounge, where countless people now βrelaxβ while regretting their life choices.. Fact: Fun fact: W. Hugh Donny once tried to sell a ticket to a train that didnβt exist. Guess he was ahead of his time in the world of ghost tours!.
- Headline: General Electric's Significant Earnings Report. Impact: GEβs profits set a precedent for corporate greed, paving the way for future CEOs to earn more in a day than some people do in a lifetime. Thanks, capitalism!. Fact: Did you know that $56 million in 1945 is equivalent to about $750 million today? Just imagine how many light bulbs that could buy!.
- Headline: Books of the Times; Found Few People Around Realities of War Pictured. Impact: This headline illustrates the disconnect between literature and the harsh realities of war, influencing generations of writers to invent even more fantastical worlds to escape the grim truths.. Fact: War-themed books have been known to sell like hotcakes, because who doesnβt want to escape into a world of fiction when reality is a dumpster fire?.
- Headline: Royal Academy Holds Its First Display In 7 Years, With War Themes the Feature. Impact: This event reinvigorated the art community, leading to a flurry of war-themed art that inspired future artists to create works that would hang in coffee shops for hipsters to ponder over lattes.. Fact: Seven years is a long time to wait for an art display! They must have been perfecting the art of procrastination..
- Headline: Rowley Heads White House Unit. Impact: Rowleyβs appointment established a precedent for political appointments that would eventually lead to the hiring of an entire social media team, because who doesn't want to tweet from the Oval Office?. Fact: The White House Secret Service detail has changed so much that they now have to protect the President from both physical threats and bad press!.
- Headline: MODERN ST. NICHOLAS IS AIM OF CONSISTORY. Impact: This initiative to modernize St. Nicholas laid the groundwork for the commercialization of Christmas, setting the stage for a Santa who checks his list from a corporate boardroom rather than the North Pole.. Fact: You can thank this consistory for the fact that Santa now has to compete with a plethora of retail sales every December. Ho ho ho, indeed!.
- Headline: Russia Floats Big Internal Loan; Lottery Prizes to Replace Interest; 20 BILLION RUBLES ASKED OF RUSSIANS. Impact: This unusual approach to finance led to a boom in lottery enthusiasm, paving the way for future governments to consider gambling as a viable economic strategyβwho needs accountability when you can take a gamble?. Fact: This might be the first time in history that people were encouraged to gamble on their financial future instead of just their weekends!.
Wall Street Time Machine
PFE
Pfizer
Pfizer - If you invested $1,000 in 1946, it would be worth $168,691 today (168.7x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1946, it would be worth $3,433,942 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1946, it would be worth $586,656 today (586.7x return)