Breakthroughs and everyday innovations from the year.
HEADLINES ON May 29, 1948
Full News Archive
- Headline: Surrender in the Old City of Jerusalem. Impact: After the 11-day fight, some historians claim that the surrender led to the development of online gaming strategies inspired by military tactics. Who knew that ancient warfare would influence your cousin's obsession with 'Call of Duty'?. Fact: The Hurva Synagogue was a symbol of resilience and loss; it was rebuilt several times, which might make you question if the universe has a thing for dramatic comebacks..
- Headline: TWA Settles $1.1 Million Debt Crisis. Impact: TWA paying their debt is said to be the catalyst for the airline industryβs love affair with bankruptcy. What a charming relationship it is.. Fact: TWA's financial struggles led to the phrase, 'fly now, pay later,' which was only slightly less popular than 'What are we doing with our lives?'.
- Headline: NORTH'S BAPTISTS OPEN PEACE DRIVE; Hope Others Join 'Immediate' Movement 'to Save World From Destruction'. Impact: The peace drive by North's Baptists sparked a series of 'save the world' movements, culminating in a reality show where contestants compete to be the best peacemakers. Spoiler alert: they all lose.. Fact: Rev Dr S I Stuber's peace drive was probably the first campaign to use the phrase 'world peace' without the direct influence of a beauty pageant..
- Headline: CHURCHES TO HONOR DEAD OF ALL WARS; Observances by All Faiths Will be Held Tomorrow -- Special Patriotic Services. Impact: The churches honoring war dead eventually led to the establishment of national holidays, which now serve primarily as an excuse for sales events. Thanks for your service, now hereβs a discount!. Fact: Honoring the dead of all wars is a noble cause, but itβs also the perfect excuse to gather around and share stories about Uncle Bobβs questionable fishing skills..
- Headline: River House Tenants Organize to Oppose Eviction From Their Luxury Apartments. Impact: The River House tenants' organization sparked a wave of tenant activism that would eventually lead to the rise of rent controlβbecause nothing says 'we love you' like a set of regulations.. Fact: Eviction fights have become so popular that they're basically the original reality show: 'Survivor: Apartment Edition.'.
- Headline: Mand Sure PR Is Dead. Impact: The declaration of the left-wing movement's demise gave birth to innumerable conspiracy theories about secret societies plotting their return. Spoiler: theyβre probably binge-watching Netflix.. Fact: When someone says a movement is dead, itβs usually just taking a very long napβlike your ambitions after the holidays..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1948, it would be worth $3,433,943 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1948, it would be worth $586,657 today (586.7x return)
KMB
Kimberly-Clark
Kimberly-Clark - If you invested $1,000 in 1948, it would be worth $147,887 today (147.9x return)