Breakthroughs and everyday innovations from the year.
HEADLINES ON May 20, 1997
Full News Archive
- Headline: Burial of the Hatchet in Kinshasa. Impact: In a twist of fate, the burial of hatchets led to a *literal* rise in gardening as citizens sought to plant peace rather than dig up old grievances. Who knew horticulture would be the unintended therapy for a nation in distress?. Fact: Zaire (now the Democratic Republic of the Congo) has a history of more regime changes than most reality TV shows have seasons. Talk about drama!.
- Headline: Congo's Transition: Past Challenges and Future Hope. Impact: The hopeful optimism of this new era sparked a massive underground movement of people starting 'Dancing for Democracy' clubs, where they practiced their moves while discussing political reform. A true testament to the resilience of a nation.. Fact: The DRC is home to one of the world's richest deposits of natural resources, but ironically, many citizens are still waiting for their first taste of modern conveniences like clean water. Priorities, right?.
- Headline: Singapore Airlines' Airbus Jet Order. Impact: This purchase set off a chain reaction in the aviation industry, leading to a worldwide shortage of peanuts on flights as all the airlines scrambled to stock up on snacks for their newly expanded fleets. Economy class was never the same again.. Fact: Singapore Airlines is often voted one of the best in the world, which means they must have a secret stash of magic beans to keep their service so consistently good. Or maybe just a lot of training. Who knows?.
- Headline: For Donald O'Connor. Impact: The honor bestowed upon O'Connor sparked a tribute trend where every dancer in Hollywood suddenly felt the need to pay homage through interpretive dance. The world was forever changed—one awkward shuffle at a time.. Fact: Donald O'Connor was famously known for his role in 'Singin' in the Rain,' and no, he didn't really sing in the rain; that was all Hollywood magic. But wouldn’t it be fun if he had to do it in real life?.
- Headline: Home Shopping Seen in Deals For 50% Stake In Ticketmaster. Impact: This acquisition caused a bizarre shift in the home shopping paradigm, leading to a new reality show where contestants had to sell concert tickets while cooking under pressure. Because why not combine chaos with capitalism?. Fact: The Home Shopping Network has sold everything from kitchen gadgets to, apparently, concert tickets. What's next? A live auction for your neighbor's cat?.
- Headline: Tiger Woods Signs Pact With American Express. Impact: Woods’ endorsement deal inadvertently sparked a nationwide golf craze, leading to an influx of wannabe golfers donning plaid and pretending they knew what a 'par' was—turning every park into a makeshift golf course.. Fact: Tiger Woods’ endorsement deals are so lucrative that if he ever decided to switch careers, he could probably fund a small country. Or at least a really nice golf club..
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)