Breakthroughs and everyday innovations from the year.
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HEADLINES ON July 24, 1989
Full News Archive
- Headline: Montreal's Olympic Stadium Roof Celebration. Impact: The raising of the roof in Olympic Stadium sparked a worldwide trend of stadiums trying to outdo each other with roofs so high that they could practically touch the moon. This led to a series of unfortunate events where fans were often left confused about whether they were at a sports game or a concert in the sky.. Fact: The roof was so high that the Expos' home runs were actually classified as space launches!.
- Headline: Senior Women's Tennis Nationals: A Celebration. Impact: This gathering of seasoned tennis players ignited a movement where older generations took their talents to social media, leading to an influx of competitive grandma and grandpa tennis videos that took the internet by storm, causing several young influencers to reconsider their life choices.. Fact: The phrase 'getting older and better' is just a clever disguise for 'I can still kick your butt on the court!'.
- Headline: CalFed's Leadership Change Announcement. Impact: With every corporate resignation, the universe realigns itself. This one prompted other CEOs to question their life choices, leading to a mass exodus of corporate leaders into the world of artisanal cheese-making. Who knew a banking crisis would lead to an explosion of gourmet dairy products?. Fact: CalFed's new board motto: 'If you can't manage money, at least make good cheese!'.
- Headline: BUSINESS PEOPLE; Acquirer of Failed Banks Cites Help by Goldman. Impact: This strategic move in the Texas banking scene ultimately resulted in a domino effect where small-town banks flourished into mega-banks, leading to a new era of regional influencers who could suddenly afford to start their own reality TV shows. Welcome to 'Banking with the Stars!'. Fact: They say Texas is big, but did you know its banking ambitions are even bigger?.
- Headline: SPORTS WORLD SPECIALS: BOXING; Star of Ring and Screen. Impact: Ray Mancini's crossover into films opened the floodgates for athletes to pursue Hollywood careers, leading to the creation of the 'Athlete-to-Actor Pipeline,' which now includes a documentary series on the trials of former athletes trying to remember their lines.. Fact: Some say that Ray's boxing skills were dulled by his new acting career, but who wouldn’t want to trade punches for punchlines?.
- Headline: Joe Carter Shuns Fame, but Yearns to Be an All-Star. Impact: Joe Carter's quest for anonymity set a trend among athletes to shun fame, leading to a rise in athletes playing under pseudonyms like 'The Phantom Player' and 'Anonymous Ace,' resulting in a league-wide confusion where fans had to guess who was who.. Fact: Fame might be overrated, but Joe's secret identity as 'The Guy Who Just Wants to Play Ball' is definitely not!.
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)