Breakthroughs and everyday innovations from the year.
HEADLINES ON June 30, 1958
Full News Archive
- Headline: E P Lewis Resigns from Leadership Roles. Impact: E P Lewis's resignation set off a chain reaction in corporate leadership, inspiring an entire generation of executives to think that quitting mid-project was the new power move. This led to a drastic decline in project completion rates, giving rise to the 'Why Finish When You Can Quit' movement in corporate culture.. Fact: Did you know that E P Lewis's resignation was the first recorded instance of someone leaving a job just because it was Tuesday?.
- Headline: Court Appeals Decision in Arkansas Case. Impact: The court's reversal in Arkansas resulted in a nationwide trend where legal opinions became as unpredictable as your favorite soap opera plot twist, leading to a surge in legal dramas on TV. Who knew courts could be the original reality shows?. Fact: Fun fact: This court case inspired the phrase 'Arkansas Appeal' which is now commonly used to describe anything thatβs unexpectedly turned upside down..
- Headline: De Gaulle and Macmillan Discuss Global Affairs. Impact: The meeting between De Gaulle and Macmillan inadvertently led to the invention of diplomatic handshakes, which over the years have evolved into the awkward 'bro hug' we see today in political circles. Thanks, world leaders!. Fact: Did you know that De Gaulle and Macmillanβs discussions were so impactful that they were later mistaken for the plot of a low-budget buddy cop movie?.
- Headline: DR. MARRY FINE. Impact: Dr. Harry Fineβs emergence in the headlines sparked a brief but intense trend of fine doctors across the nation, leading to a slew of medical professionals changing their names to include 'Fine' for better business. Talk about branding!. Fact: Ironically, Dr. Fineβs patients often commented on how his fine name didn't reflect the fine service they received..
- Headline: Democrats Send Out Kits. Impact: The Democrats sending out campaign kits marked the beginning of the 'Kits for Everything' era, where political parties turned into glorified gift shops. Campaigning became less about policy and more about the swag.. Fact: Did you know that one of the first kits included a stress ball shaped like a donkey? Because nothing says 'vote for me' like squeezing a stuffed animal!.
- Headline: JOHANNA K. HAILMAN. Impact: Johanna K. Hailman's mention in the news ensured that her legacy would be forever tied to naming conventions, as parents across America began naming their daughters after her in hopes of achieving similar fame. Spoiler alert: it didnβt work.. Fact: Fun fact: Johanna was never aware of her influence, as she was too busy trying to get people to pronounce her name correctly..
- Headline: Newcomer and Old Hand Win '58 Fashion Awards. Impact: The fashion awards led to an explosion of creativity in the fashion industry, but also a regrettable decade where neon spandex became a thing, influencing countless Halloween costumes and bad decisions at the gym.. Fact: Did you know that J. Schlumberger's designs were so revolutionary that they led to a temporary ban on skinny jeans in favor of parachute pants?.
- Headline: Traffic Offenders. Impact: The push for stiffer penalties for traffic offenders resulted in a nationwide campaign of 'Speed Trap Shutdowns' where communities began hiding speed cameras behind trees. It was the original 'hide and seek' for law enforcement.. Fact: Ironically, the stiffer penalties led to an increase in creative excuses, including 'I was just testing my carβs speed limit!'.
- Headline: Pope Blesses 50,000 Pilgrims. Impact: The Pope blessing 50,000 pilgrims set a precedent for large-scale religious gatherings, eventually leading to the formation of 'Blessing Festivals,' where people come together to receive blessings for everything from exams to bad hair days.. Fact: Interestingly, the Popeβs blessing was so powerful that itβs said to have inspired the launch of a new reality show called 'Bless This Mess' featuring chaotic families trying to maintain their sanity..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1958, it would be worth $3,433,942 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1958, it would be worth $586,656 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1958, it would be worth $23,651,359 today (23651.4x return)