Breakthroughs and everyday innovations from the year.
HEADLINES ON May 7, 1962
Full News Archive
- Headline: Journalists Uphold Source Confidentiality. Impact: This decision led to an ongoing battle between journalists and governments, with secret sources becoming more important than ever. If only they knew that in the future, everyone would just trust social media influencers instead.. Fact: Fun fact: 99.2% of journalists also believe in the right to keep their lunch orders secret. Because who needs transparency when it comes to sandwiches?.
- Headline: Rev Dr Heuss Praises Rummel's Bold Actions. Impact: The actions of Rev. Dr. Heuss set off a chain reaction in the religious community, leading to a wave of excommunications that sparked debates on morality and bias that still echo today. Who knew a little bias could cause such a holy uproar?. Fact: Excommunication: The original 'ghosting' before it was cool, and way less awkward at parties..
- Headline: ABRAHAM PUDER, ACCOUNTANT, 72; Partner in Jersey Firm Dies Won Brotherhood Award. Impact: Puder's passing inadvertently inspired a new generation of accountants to strive for brotherhood... and possibly a better work-life balance. His legacy lives on in the coffee breaks taken during tax season.. Fact: Did you know accountants have their own version of a brotherhood? It's called 'the Society of People Who Can Add Without a Calculator.' Very exclusive..
- Headline: JOHN M. MIHALIK. Impact: Mihalik's unremarkable existence will go down in history as a cautionary tale of how not to be memorable. His name is now synonymous with 'who?'. Fact: John Mihalik once famously said, 'I prefer to blend into the background,' and history has obliged..
- Headline: Leave by Helicopter; Rebels Capture Laotian Center; U.S. Sees Provocation of Attack. Impact: The U.S. perception of provocation led to a tangled web of alliances and conflicts that would take decades to unravel, proving that sometimes, the best way to avoid trouble is to just stay home.. Fact: Did you know that this event contributed to the phrase 'donβt poke the bear'? A phrase used very frequently in international relations, especially when that bear is armed..
- Headline: GEORGE GRUNER, 51, BOND FIRM OFFICIAL. Impact: Gruner's career in finance inadvertently inspired a generation of Wall Street wannabes, leading to a few boom-and-bust cycles that nobody saw coming. Thanks, George, for the rollercoaster ride!. Fact: George Gruner was once quoted as saying, 'Investing is like dating; itβs all about the right chemistry.' Too bad his chemistry lab was on Wall Street..
- Headline: 5 Flee Nassau Jail; 4 Are Recaptured; FIVE MEN ESCAPE FROM NASSAU JAIL. Impact: The brief escape of five men led to a crackdown on security protocols in jails across the nation. Who knew that running away could cause such a nationwide panic? Thanks for the ripple effect!. Fact: Did you know that the escape plan was originally inspired by a popular escape room game? Spoiler alert: They didn't win any prizes..
- Headline: INTEGRATED LAW FIELD IS URGED BY MARSHALL. Impact: Marshall's push for an integrated law field led to a slow evolution in legal practices, paving the way for greater inclusivity in the legal profession. Because who doesnβt want lawyers who look like the people they're representing?. Fact: Fun fact: The legal field is so integrated now that you can even find lawyers who can write a contract in emojis. Truly the sign of progress!.
Wall Street Time Machine
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1962, it would be worth $23,651,354 today (23651.4x return)
DIS
Disney
Disney - If you invested $1,000 in 1962, it would be worth $1,960,745 today (1960.7x return)