Breakthroughs and everyday innovations from the year.
HEADLINES ON February 16, 1978
Full News Archive
- Headline: Forest Hills Hosts Major Men's Tennis Tournament. Impact: The $300,000 Men's Tournament at Forest Hills inspired a whole new generation of weekend warriors who thought they could play tennis, leading to countless sprained ankles and a booming market for ankle braces.. Fact: Ever wonder why tennis players grunt? It's to distract from the sound of their bank accounts crying after losing matches..
- Headline: Legacy of Professor Norman R. Dixon. Impact: Norman R. Dixon's influence in higher education led to the creation of a secret society of professors who met annually to discuss the merits of grading papers while wearing pajamas. This society still exists today, and they have a great cookie recipe.. Fact: Did you know that in academia, 'higher education' often translates to 'how to avoid real work for as long as possible'?.
- Headline: The Gadgets. In Your Future. Impact: Joan Kron’s predictions about future gadgets led directly to a generation of people who can’t live without their smartphones, thus creating a global crisis in face-to-face communication skills and a thriving market for awkward small talk.. Fact: Did you know that the first gadget was actually a stick used to poke at things? Unfortunately, it didn’t have WiFi..
- Headline: Ilka Chase, Act'ress and Author, 72, Is Dead in Mexico. Impact: Ilka Chase's passing sent ripples through the entertainment world, reminding everyone that age doesn’t discriminate when it comes to the final curtain call. Ironically, her death sparked a resurgence in 'vintage' lifestyle blogs.. Fact: Ilka Chase was known for her wit and charm; they say the secret to her longevity was a steady diet of sarcasm and a good Cabernet..
- Headline: A Reign Is Ended As Face Shows Stings of Defeat. Impact: The defeat referenced in Dave Anderson's commentary sent shockwaves through the ranks of those who thought they could run a marathon without training. This led to an increase in motivational quotes on social media, which ironically motivated no one.. Fact: Did you know that 'defeat' is just victory's way of saying, 'Try again, but like, with actual effort this time'?.
- Headline: Advertising. Impact: Gruner & Jahr's attempt to enter the US market turned into a massive publishing battle resembling a soap opera, complete with dramatic betrayals and surprise plot twists that would make any reality TV producer jealous.. Fact: Fun fact: The publishing industry is basically where dreams go to die, but with more coffee breaks..
- Headline: News Summary. Impact: Begin's acceptance of the invitation to visit Washington was the first step in a long, convoluted relationship that would have more ups and downs than a roller coaster, ultimately leading to a diplomatic language that could only be understood by the most skilled codebreakers.. Fact: Did you know that diplomatic visits are basically just high-stakes game nights with a lot of snacks and awkward silences?.
- Headline: H. R. Gokhale, Ex‐Minister in India. Impact: H. R. Gokhale's legacy in Indian politics led to political debates being compared to Bollywood movies, complete with dramatic plot twists and the occasional dance number to distract from the actual issues.. Fact: In Indian politics, it's said that the real competition is not who can govern best but who can pull off the most extravagant wardrobe changes during debates..
Wall Street Time Machine
WMT
Walmart
Walmart - If you invested $1,000 in 1978, it would be worth $7,945,492 today (7945.5x return)
INTC
Intel
Intel - If you invested $1,000 in 1978, it would be worth $199,890 today (199.9x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1978, it would be worth $423,037 today (423.0x return)