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 October 24, 1989
Full News Archive
- Headline: Shelly Lazarus Takes Charge at Ogilvy. Impact: Shelly Lazarus becoming U.S. president of Ogilvy & Mather Direct set off a chain reaction of marketing campaigns that would eventually lead to the existence of avocado toast as a brunch staple. Who knew one appointment could change breakfast forever?. Fact: Did you know that before this, advertising was mostly just shouting at people in the street? Thank goodness for progress!.
- Headline: East Rock Partners' Strategic Buyout. Impact: The $97 million buyout of A. P. Green Industries by East Rock Partners means that the phrase 'stable opportunity' became a favorite among business folks, leading to countless awkward networking events where people just nod and smile while pretending to understand.. Fact: Did you know that 'stable' is just a euphemism for 'we're not sure if this is a good idea, but it sounds fancy'?.
- Headline: Soccer's Historic Move to America. Impact: The U.S. hosting the 1994 World Cup led to an unexpected explosion of interest in soccer, resulting in a national obsession that would confuse older generations who thought 'soccer' was just a way to avoid saying 'football'.. Fact: Did you know that the U.S. was initially chosen because they promised to maintain a healthy supply of hot dogs and nachos during matches? Priorities!.
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)