Breakthroughs and everyday innovations from the year.
The Sounds of
The biggest hits of the year — Top 10 Pop & Country chart toppers
HEADLINES ON April 3, 1989
Full News Archive
- Headline: Economic Growth Hits Three-Year Low. Impact: As the economy slowed, a butterfly flapped its wings somewhere, causing a future recession. Who knew that a bunch of purchasing managers could alter the course of history? It's like they hold the fate of the world in their spreadsheets.. Fact: Did you know that purchasing managers are basically the economic weather forecasters? They don't predict rain but rather the dreariness of the stock market!.
- Headline: Learning from Golf's Best Instructors. Impact: The golf tip phenomenon led to a worldwide obsession with golf lessons, resulting in golf-themed reality shows and a spike in the sales of plaid pants. Thanks, pros, for ruining fashion and our weekend plans!. Fact: Did you know that golf pros taking tips led to the invention of the 'Golf Coach' certification? Because who doesn't want to pay someone to yell at them about their swing?.
- Headline: Seton Hall vs. Michigan Championship Showdown. Impact: The tale of these underdogs inspired countless movies and motivational speeches, leading to a dramatic surge in amateur basketball players attempting to recreate their success. Spoiler alert: they didn't. But hey, at least they tried!. Fact: Did you know that every underdog story in sports has a corresponding inspirational poster? It’s like the universe really wants you to believe in yourself—even if you can’t shoot a basketball..
- Headline: BUSINESS PEOPLE; President Is Also Chief At Smith International. Impact: Douglas L. Rock's ascension to CEO triggered a chain reaction of corporate reshuffles, leading to a future where CEOs are now more like celebrity figures than business leaders. Who knew oil drilling could be so glamorous?. Fact: Did you know that being a CEO is like being a superhero? You save companies from bankruptcy and get your name on a plaque, but good luck saving the world!.
- Headline: THE MEDIA BUSINESS; An Imposing Rival for Would-Be Time Warner. Impact: This meeting at Bertelsmann A.G. sparked a trend of corporate meetings being held in aesthetically pleasing environments, leading to the rise of 'boardroom wellness retreats.' Because nothing says 'business' like a yoga session before discussing profits!. Fact: Did you know that the only thing less productive than a corporate meeting is a corporate retreat? At least the snacks are usually better!.
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)