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 May 2, 1997
Full News Archive
- Headline: Texaco Sells Stake in North Sea Oilfield. Impact: The sale of Texaco's oilfield stake led South Korea to invest heavily in energy, resulting in a future where their economy became a leading force. Who knew that a simple transaction could pivot a nation into energy independence, and also lead to the rise of K-pop? Coincidence? I think not.. Fact: Did you know that Texaco was once so big that it considered changing its name to 'Tony Stark's Oil'? No? Well, maybe that was just a rumor..
- Headline: Prudential Faces Fines for Disclosure Failure. Impact: This fine against Prudential set a precedent for transparency in the financial industry. Fast forward a few decades, and people are now more shocked by hidden fees than by plot twists in soap operas.. Fact: Surprise! The 'Kissner' in 'Gerald Kissner' has absolutely no relation to the famous Kissner candy. If only the sweet world had been involved, maybe this wouldn’t have ended up in the headlines..
- Headline: Exploring William Wellman's Home Video Legacy. Impact: Wellman's movies eventually inspired a future generation of filmmakers who thought they could just wing it with a smartphone and a dream. Spoiler alert: The quality was a mixed bag.. Fact: William Wellman directed over 80 films. So, if you thought Netflix had too much content now, just imagine his time when the only option was a dusty old theater!.
- Headline: Messier Brushes Aside All Issues but the Cup. Impact: Messier's focus on the Cup somehow inspired future athletes to prioritize trophies over their love lives. Who needs romance when you can have a shiny piece of metal?. Fact: Mark Messier's famous 'guarantee' before the playoffs was later adopted as the tagline for a popular brand of shampoo. Because, you know, hair care is just as important as sports..
- Headline: A Device to Stay Alert: Will the Smell Sell?. Impact: The scented air device revolutionized the auto industry, leading to a future where cars smelled better than most fast food joints. Who could have predicted that driving would become a sensory delight?. Fact: The first prototype of this device accidentally released a watermelon scent instead of 'fresh linen'. It caused a minor traffic jam as drivers stopped to check if they had missed a fruit stand..
- Headline: INSIDE METRO. Impact: The summary of major news stories led to the eventual birth of 'clickbait' headlines, where the most mundane topics became sensationalized. Thanks, Metro, for starting that slippery slope!. Fact: You know you're old when the 'inside metro' feels like an exclusive VIP area. Spoiler alert: It’s just the same news but with worse lighting..
- Headline: Good Guys Like Kangaroos And Bad Guys . . . Don't Ask. Impact: The magical world of kung fu kangaroo-men inspired a future generation of writers to explore bizarre and nonsensical themes in popular media. Thanks to this, we now have movies about sentient sandwiches!. Fact: Kangaroos are actually quite good at kung fu. The training is just a bit harder to get into than a typical dojo, but the hopping is impressive!.
- Headline: An Operating Chief to Calm The Ferment At Fidelity. Impact: Curvey's appointment at Fidelity Investments triggered a domino effect that encouraged corporations to prioritize operations over actual results, leading to the modern day where meetings about meetings are commonplace.. Fact: James C Curvey was known for his 'no nonsense' approach, which is just corporate code for 'I don’t like coffee breaks.'.
- Headline: Fairfax Shares Rise On Takeover Rumors. Impact: The rise in Fairfax shares from takeover rumors eventually led to a media frenzy around speculation, creating a future where every whisper in the stock market is treated like breaking news. Thank you, gossip!. Fact: Kerry Packer was so rich he could buy a small country. But let’s be honest, who needs a country when you can just own a newspaper?.
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 1997, it would be worth $1,728,706 today (1728.7x return)
AMZN
Amazon
Amazon - If you invested $1,000 in 1997, it would be worth $2,315,839 today (2315.8x return)