Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON June 16, 1978
Full News Archive
- Headline: U.S. Skepticism on Troop Reductions in Vienna. Impact: The U.S. coolness to Eastern offers at troop talks in Vienna led to a centuries-long game of diplomatic chicken; eventually, it resulted in the world's most awkward family reunions at the UN.. Fact: You know, nothing says 'let's negotiate' like a frosty reception. Maybe they should have tried offering cookies instead of military proposals..
- Headline: G.E. Settles Bias Claims for $32 Million. Impact: G.E.'s $32 million settlement became the catalyst for companies everywhere to invest in diversity initiatives, leading to an explosion of corporate buzzwords and very colorful annual reports.. Fact: Fun fact: $32 million is also the amount of money companies spend annually on diversity training that could probably be summarized in a single PowerPoint slide..
- Headline: Sculptural Marvels of Mary Frank. Impact: Mary Frank's sculptures inspired a generation of artists to explore ceramics, leading to an unexpected boom in pottery classes, where now every millennial thinks they’re the next Picasso.. Fact: Did you know that ceramics are basically just glorified mud? It's the only art form where you can say, 'I made this with my hands' and actually mean it!.
- Headline: HOUSE PANEL TO EXEMPT WAGES IN HOSPITAL BILL. Impact: Exempting wages in hospital bills paved the way for organized labor to flex its muscles, leading to a slow but steady rise in union stickers on lunch pails everywhere.. Fact: It’s always good to remember that when it comes to healthcare costs, the only thing rising faster than prices are the eyebrows of the average citizen..
- Headline: Bob Marley, in the Key of Peace. Impact: Bob Marley's concert in Madison Square Garden not only spread messages of peace but also spurred a fashion movement involving dreadlocks and tie-dye that continues to haunt us at music festivals.. Fact: Did you know that Bob Marley once said, 'The truth is, everyone is going to hurt you. You just gotta find the ones worth suffering for'? Sounds like a hallmark card for relationships!.
- Headline: Scientist's Genetic Work Cleared. Impact: Clearing genetic work restrictions allowed scientists to unleash a wave of genetic tinkering that led to the birth of the first genetically modified tomato that also serves as an alarm clock.. Fact: Fun fact: The only thing scarier than a scientist with a petri dish is a scientist with a petri dish and a sense of humor!.
- Headline: Concert: Schubert Fest. Impact: The Schubert Fest concert at Carnegie Hall solidified Schubert's status in classical music, leading to a bizarre chain of events where classical music became the go-to soundtrack for studying – or napping.. Fact: Did you know that Schubert wrote over 600 songs? That’s right, the original Spotify playlist, complete with an exclusive 'Mozart vs. Schubert' debate!.
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)