Breakthroughs and everyday innovations from the year.
HEADLINES ON October 20, 1993
Full News Archive
- Headline: Orange County's Retail Boom. Impact: The influx of mega-retailers like Wal-Mart into Orange County sparked a consumer culture that led to the phenomenon of suburban sprawl. Fast forward a few decades, and you've got people driving 30 miles to buy a gallon of milk because they refuse to pay 'city prices'. Thanks, Wal-Mart!. Fact: Did you know that Wal-Mart's expansion inspired a whole generation of people to believe that every problem can be solved with a cheap pair of flip-flops and a 50-gallon drum of mayonnaise?.
- Headline: Gencorp Appoints New President and COO. Impact: The retirement of Jack L. Heckel and the promotion of John B. Yasinsky may have seemed like a standard corporate shuffle, but little did anyone know, this would lead to a series of boardroom power struggles that would eventually inspire a hit reality show called 'Corporate Clash'.. Fact: Did you know that corporate officer retirements are basically the adult version of playing musical chairs, except the chairs are made of leather and the music is elevator jazz?.
Wall Street Time Machine
ORCL
Oracle
Oracle - If you invested $1,000 in 1993, it would be worth $317,737 today (317.7x return)