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 May 27, 1978
Full News Archive
- Headline: Diplomats' Alien Servants Exposed. Impact: This report on alien treatment may have sparked a secret society of diplomatic aliens who now plot to overthrow their masters. Who knew intergalactic diplomacy could be so... familiar?. Fact: The aliens in question aren't from outer space, just the ones working under high-level diplomats. But hey, with the way some politicians treat their constituents, who can tell the difference?.
- Headline: Neophonic Band and Jazz‐Rock. Impact: This jazzy initiative led to the birth of countless music genres, eventually resulting in the creation of elevator music. Yes, the soothing sounds of saxophones in elevators can be directly traced back to this band. Thanks, Neophonic Orchestra!. Fact: Rock-jazz fusions were so in vogue that even your grandma probably tried to groove to them before switching back to her favorite polka playlist..
- Headline: Bruhn Dances in ‘Moor's Pavane’. Impact: Bruhn's performance was so mesmerizing that it inspired a generation of dancers to take up ballet, leading to a massive increase in tutus sold worldwide. The tutu industry experienced a boom, and fabric stores everywhere rejoiced.. Fact: The Moor's Pavane is a classic, but honestly, who doesn’t love a good dance-off? Shakespeare would have appreciated the dramatic flair!.
- Headline: Cannes Gets Down to Film Business. Impact: This year's Cannes was so cutthroat that it led to the creation of film festivals with even fewer entries, just to outdo the competition. Soon, there will be a festival featuring only one film—directed by the organizer, of course.. Fact: Reducing film entries is like going on a diet—everyone thinks it's a good idea until they realize they're missing out on the popcorn..
- Headline: CONTROL BOARD BILL FOR NEW YORK CITY APPROVED IN ALBANY. Impact: The approval of this bill led to an influx of financial control boards across the nation, turning every city into a mini-Game of Thrones. Politicians became the new kings and queens, battling over who gets to sit on the Iron Throne of Budgeting.. Fact: New York City’s fiscal control was so intense that it might as well have been a reality TV show—'Keeping Up with the Cashflow' anyone?.
- Headline: Miss Mills Sets World 5,000 Mark. Impact: Miss Mills setting the world record inspired an entire generation to take up running, leading to the creation of the 'Couch to 5K' program. Who knew that a few laps could cause such a running epidemic?. Fact: Setting a world record is great until someone decides to break it while running for the bus. Talk about pressure!.
- Headline: M'LAUGHLIN IS DESIGNATED LIQUOR AGENCY CHAIRMAN. Impact: McLaughlin's designation as chair of the liquor agency led to a collective sigh of relief from bartenders everywhere, who now felt they had a friend in high places. This ignited a series of 'happy hour' policies across the state.. Fact: Being named chair of the liquor agency is basically like being crowned the king of fun—until someone realizes it's just paperwork and not actually a party..
- Headline: Expanded Spoleto Opens With ‘Traviata’. Impact: The success of 'La Traviata' at Spoleto sparked a renaissance in opera attendance, leading to a phenomenon where people began dressing in formal wear just to attend a performance, even if they had no idea what was happening on stage.. Fact: Spoleto Festival is like Coachella for artsy people, minus the mud and questionable fashion choices. Just bring your best opera glasses!.
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)