Breakthroughs and everyday innovations from the year.
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The biggest hits of the year — Top 10 Pop & Country chart toppers
HEADLINES ON April 25, 1978
Full News Archive
- Headline: Parks Supervisors Restructured for Efficiency. Impact: The transfer of park supervisors creates a ripple effect that ultimately leads to the invention of the 'Merit Badge for Mediocrity' awarded to poor performers for merely showing up. Productivity skyrockets—just in the wrong direction.. Fact: Ironically, the only thing less productive than these supervisors is the average bureaucracy's ability to make decisions..
- Headline: Labor Stance Eases on City Accord Negotiations. Impact: The union's decision to relax its stance on the city accord leads to a generation of workers who think compromise means getting less for the same amount of work, paving the way for the rise of the 'overworked and underpaid' trope in sitcoms.. Fact: Fun fact: labor negotiations are just like a bad relationship—lots of talking but no one really gets what they want..
- Headline: 15 Restaurants Are Violators Of New York City Health Code. Impact: The health code violations lead to a widespread health crisis, which ultimately inspires a popular new food trend: 'mystery meat.' The irony is delicious.. Fact: Did you know that in the world of NYC food, 'health code violation' is just a fancy way of saying 'extra flavor'?.
- Headline: Berkowitz Is Judged Competent. Impact: Berkowitz's competency ruling sets off a series of courtroom dramas that ends in a bizarre trend of mental competency assessments becoming a popular reality show format. Who knew true crime could be so entertaining?. Fact: Did you know that mental competency trials are just like reality TV—full of shocking twists and a lot of people making questionable decisions?.
- Headline: TERRORISTS IN ITALY OFFER TO EXCHANGE MORO FOR 13 IN JAIL. Impact: The Red Brigades' hostage exchange offer leads to an unexpected rise in negotiations tactics worldwide, influencing everything from political deals to 'he said, she said' arguments at family gatherings.. Fact: Did you know that hostage negotiations are actually just a really high-stakes version of playing hard to get?.
- Headline: 1.&M. SAYS BACKLOG IS AT RECORD LEVEL. Impact: The record-level backlog at 1.&M. results in a surge of productivity hacks and motivational posters in offices everywhere, leading to the meme 'Just Keep Swimming' becoming the mantra for corporate America.. Fact: Turns out, the only thing more backlogged than 1.&M.'s orders is my inbox after a long weekend..
- Headline: TOUCHE BROKERAGE AUDIT IS RULED SUBJECT TO SUIT. Impact: The ruling on the Touche brokerage audit opens the floodgates for lawsuits against accountants, leading to a new genre of legal thrillers where accountants are portrayed as the real heroes. Watch out, Batman.. Fact: Did you know that accountants are the only superheroes who can save you from bankruptcy without a cape, just a calculator?.
- Headline: Lower Fares Sought By National Airlines. Impact: National Airlines' proposed fare cuts spark a price war, ultimately leading to the invention of 'budget airlines' and the birth of the modern flying experience—where legroom is considered a luxury.. Fact: Did you know that the only thing cheaper than National Airlines' tickets is the service you get once you're on board?.
- Headline: Physicists at Parley Discuss Challenges of Coal Use. Impact: The discussions on coal use challenges lead to a global movement toward renewable energy, but not before the coal industry attempts to create a new marketing campaign: 'Coal—The Original Renewable Resource.'. Fact: Fun fact: physicists can discuss the challenges of coal use for hours, but they still can't figure out why it's so hard to switch to wind power..
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)