NOVEMBER 16, 1991

Full News Archive

• Headline: The Rise of Personal CD Players. Impact: The rise of personal CD players led to the proliferation of portable music, which in turn encouraged people to develop an unhealthy obsession with creating mixtapes that were never shared. This ultimately resulted in the decline of face-to-face communication – thank you, technology!. Fact: Did you know that the average CD player would eventually be outdone by a small piece of technology called the smartphone? Yeah, sorry CD players, your days were numbered..
• Headline: Executive Life Insurance Company Turmoil. Impact: The turmoil surrounding the Executive Life Insurance Company turned into a cautionary tale for future investors, leading to the rise of 'Don't Trust Anyone in a Suit' as a popular mantra in financial circles. This has since inspired countless memes and overly dramatic TikTok videos.. Fact: Fun fact: This ruling opened the floodgates for insurance policyholders to realize they were *not* the only ones getting the short end of the stick. Welcome to the club, everyone!.
• Headline: McDonnell Douglas and Taiwan Aerospace Deal. Impact: McDonnell Douglas selling a chunk of its business to Taiwan Aerospace Corporation led to a surge in international collaborations, which later paved the way for those awkward moments when countries argue over who makes the best airplanes. Spoiler: It’s always the country that wins the most military contracts.. Fact: Did you know that the aerospace industry is basically a giant game of Monopoly? You buy properties, build hotels, and hope no one lands on your 'pay up' space – only in this case, the properties are planes that can literally fly away!.