Breakthroughs and everyday innovations from the year.
HEADLINES ON June 14, 1995
Full News Archive
- Headline: Depository Trust's Lease Renewal Plans. Impact: If the Depository Trust Company hadn't decided to stay in lower Manhattan, it's entirely possible that the city would have turned into a post-apocalyptic wasteland, with tumbleweeds rolling through Wall Street and pigeons taking over as the new financial advisors.. Fact: Fun fact: The building at 55 Water Street has enough space to fit around 35,000 tons of paperwork. Or, as we like to call it, 'the actual weight of corporate regret.'.
- Headline: Exiled Poet's Romantic Insights. Impact: This exiled poet's romantic advice sparked a revolution in how people perceive love. If only they'd known that some of that advice would lead to awkward Tinder dates in the 21st century.. Fact: Eloquent advice? More like, 'If you can’t be with the one you love, love the one you’re with' – which is basically the 18th-century version of 'swipe right.'.
- Headline: 1995 U.S. Open: A Memorable Year. Impact: Tom Watson’s chip shot at Pebble Beach not only defined a generation of golfers but also inspired countless mini-golf courses to feature 'The Watson Challenge' where you can lose your ball in a windmill instead.. Fact: Fun fact: Golf is the only sport where you can scream at your ball to 'get in the hole!' and not get committed. Unless, of course, you're at a family gathering..
- Headline: Algeria's Incendiary Mix Of Poverty and Islam. Impact: The violence in Algeria created a ripple that influenced global perceptions of security and prompted governments to invest in surveillance technology. Now, we have more cameras watching us than we have friends.. Fact: It's a little-known fact that a poet once wrote about the beauty of peace. It was promptly ignored because, you know, chaos sells newspapers..
- Headline: Business Travel; For many corporate entertainers, hot deals and thick steaks just seem to go together naturally.. Impact: The corporate steakhouse trend led to the rise of the 'business lunch' as an art form, where the only thing thicker than the steaks is the excuse for why you missed your 2 PM meeting.. Fact: Did you know that taking a corporate client to a steakhouse is statistically more effective than taking them to a meeting? Mostly because no one can argue with a good filet mignon..
Wall Street Time Machine
ORCL
Oracle
Oracle - If you invested $1,000 in 1995, it would be worth $106,067 today (106.1x return)
MSFT
Microsoft
Microsoft - If you invested $1,000 in 1995, it would be worth $210,621 today (210.6x return)