Breakthroughs and everyday innovations from the year.
HEADLINES ON January 24, 1989
Full News Archive
- Headline: Evergreen Media's Ambitious Public Dream. Impact: Scott K. Ginsburg's daydream of going public set off a chain reaction that led to a world where every person now believes they are an expert on stocks simply because they watched one episode of 'Shark Tank'.. Fact: Did you know that Evergreen Media's attempts to go public made more headlines than their actual programming? Who knew classical music could be so financially dramatic?.
- Headline: Sandoz Pharmaceuticals Executive Transition. Impact: Sandoz Pharmaceuticals naming Jacques F. Rejeange as CEO marked the beginning of a long, arduous journey through the corporate jungle where every decision made led to a new line of questionable drugs, fueling conspiracy theories about Big Pharma.. Fact: Did you know that naming a new CEO is just corporate speak for 'let's change the face of our questionable ethics'? Welcome aboard, Jacques!.
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 1989, it would be worth $971,793 today (971.8x return)
MSFT
Microsoft
Microsoft - If you invested $1,000 in 1989, it would be worth $2,127,569 today (2127.6x return)