Breakthroughs and everyday innovations from the year.
HEADLINES ON May 8, 1960
Full News Archive
- Headline: $5 Million Fund to Boost U.S. Travel. Impact: This $5 million fund set off a chain reaction that led to all sorts of wacky travel incentives, like 'Bring Your Pet Iguana Week' and free hot dog stands at airports. Who knew the keys to the universe were hidden in travel brochures?. Fact: Did you know that in 2020, travel budgets were slashed so hard that you could almost hear the sound of a thousand vacation dreams crumbling? Thanks, 2020!.
- Headline: Memoirs of a Notorious Cad. Impact: Sanden's memoirs inspired countless readers to embrace their inner cad, resulting in a worldwide surge of questionable dating advice and cringe-worthy pickup lines. The legacy of bad romance continues!. Fact: Fun fact: 'Professional Cad' is often just a fancy term for 'guy who can't commit.'.
- Headline: Container Shipping Revolutionizes American Transport. Impact: The embrace of container shipping led to a global obsession with minimalism. Suddenly, everyone realized that they didn't need 12 ceramic frogs to be happyβjust one really big box to keep them in!. Fact: Did you know that the shipping industry is so efficient today that you could probably get a live elephant delivered in a week? Just kidding... or am I?.
- Headline: TRADE ADVANCES ON GLOBAL FRONT; Spurt in Exports of U.S. for First Quarter This Year Among Bullish Signs EUROPE STEPS UP PACE Gains of India and Japan Spur Economic Growth of Other Asian Lands TRADE ADVANCES ON GLOBAL FRONT. Impact: This export boom created a ripple effect that transformed local economies worldwide, leading to a global brunch culture where avocado toast became a symbol of economic prosperity. Thanks, U.S. exports!. Fact: Did you know that in 2021, the U.S. exported more avocados than it did in the entire 20th century combined? Guacamole for all!.
- Headline: LONDON TROUBLED; Fears That U.S. Stance for Summit Parley Will Be Injured LONDON TROUBLED ON SUMMIT STAND. Impact: Panic in London about U.S. prestige led to a global rise in tea consumptionβbecause nothing soothes the soul quite like a good cup of anxiety-induced Earl Grey.. Fact: Did you know that the British drink so much tea that if you lined up all the teabags consumed in a year, they could wrap around the Earth 100 times? Just kiddingβit's probably more!.
- Headline: SMALL CONCERNS SEEKING BIG JOBS; 7 Companies Pool Abilities to Capture Huge Prime Military Contracts SMALL CONCERNS SEEKING BIG JOBS. Impact: Seven companies pooling their resources for military contracts opened the floodgates for a new era of 'who can out-bid the other?' game shows. America's got talent... and military contracts.. Fact: Did you know that these 'small concerns' probably had their own version of a 'Shark Tank' but with way more explosions?.
- Headline: OIL PROJECT RISES IN NEWFOUND LAND; British-U.S. Plant to Have Capacity of 5,000 Barrels a Day and Employ 1,000. Impact: The Newfoundland oil project sparked a frenzy of offshore drilling, leading to all sorts of environmental debates that could have been avoided if only someone had thought to ask, 'Hey, how's that going to affect the seals?'. Fact: Fun fact: The plant's capacity of 5,000 barrels a day is enough to fill a bathtub... and then some. Just don't forget the rubber duck!.
- Headline: SECRET TIES RULE IN SOUTH AFRICA; Broederbond Unites Leaders in Elite Group Dedicated to White Hegemony. Impact: The Broederbond's secretive operations led to an increase in conspiracy theories, inspiring generations of amateur sleuths who believed every shadowy figure in South Africa was plotting world domination. Spoiler alert: they weren't.. Fact: Did you know that the term 'Broederbond' translates to 'Brotherhood'? Because nothing says brotherly love like a secret society focused on white supremacy..
- Headline: Costa Rica Gets a TV Station. Impact: Costa Rica's first TV station launched a media revolution that led to the invention of reality TV. Yes, all of those 'real-life' shenanigans can be traced back to a tiny station in San Jose. Thanks a lot!. Fact: Did you know that the first thing broadcast was a simple test pattern? It took decades for television programming to devolve into watching people eat bugs for cash..
- Headline: ARGENTINE TRADE AT CRITICAL STAGE; Some Industries Have Made Recovery, but Frondizi's Budget Still Is in Red. Impact: Argentina's critical trade stage became the backdrop for a dramatic economic soap opera that had everyone at the edge of their seats, waiting for the next plot twist. Will they recover? Tune in next week!. Fact: Fun fact: Argentina's budget woes are the reason why they invented the tangoβyou can't dance away your problems, but you can certainly try!.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1960, it would be worth $3,433,941 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1960, it would be worth $586,657 today (586.7x return)