Breakthroughs and everyday innovations from the year.
HEADLINES ON January 25, 1975
Full News Archive
- Headline: IBM Antitrust Conviction Overturned. Impact: Had the conviction stuck, IBM might have been forced to innovate faster, leading to an early version of the smartphone... or maybe just more coffee breaks. Instead, they stayed complacent, and we got the Blackberry.. Fact: IBM stands for International Business Machines, but after this case, it might as well have stood for 'It’s Back to Monopoly.'.
- Headline: Trial on Campaign Act Lawsuit Advances. Impact: If the suit had been dismissed, we could have avoided the endless debate over campaign financing, leading to a world where politicians might actually have to focus on issues instead of fundraising. Whoops, never mind.. Fact: The 1974 Campaign Act was designed to limit the influence of money in politics. Spoiler alert: it didn't work..
- Headline: Art: Sensual, Serehe Sculpture. Impact: This exhibit may have inspired future generations of artists to push boundaries, leading to an art world where everything is a 'statement'—including that pile of rocks you call modern art.. Fact: Patrick Henry Bruce is known for his abstract works, but if you ask me, they look like something even a toddler could throw together with finger paints..
- Headline: WAGE SETTLEMENTS DOUBLED LAST YEAR. Impact: This spike in strikes and settlements may have paved the way for labor rights, but it also created a world where every worker suddenly thought they could negotiate their lunch breaks. Spoiler alert: they can't.. Fact: 5,900 strikes in a year? Sounds like a party I don’t want to be invited to!.
- Headline: Fraunces Tavern, Anglers Club Are Closely Tied to U.S. History. Impact: The bombing of these historical sites not only sparked outrage but also led to increased preservation efforts that may have saved other historical landmarks from neglect or destruction over the years.. Fact: Fraunces Tavern is the place where George Washington bid farewell to his officers. Guess it’s not a good place to get together if you want to avoid chaos!.
- Headline: Man Accused of Plot to Kill A Judge and U.S. Attorney. Impact: Had this plot succeeded, it could have led to a significant shift in the legal system, perhaps even spawning a new genre of courtroom dramas that glorify vigilante justice. Or maybe just more security for judges.. Fact: Plotting to kill a judge? That's one way to get your case thrown out of court—literally..
Wall Street Time Machine
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1975, it would be worth $2,924,036 today (2924.0x return)
BA
Boeing
Boeing - If you invested $1,000 in 1975, it would be worth $1,159,830 today (1159.8x return)
WMT
Walmart
Walmart - If you invested $1,000 in 1975, it would be worth $32,670,879 today (32670.9x return)