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 July 29, 1997
Full News Archive
- Headline: Tragic Blast Claims Two Lives in Brewster. Impact: The blast at Keltie's Bum Steer not only ended two lives but also sparked a nationwide debate on restaurant safety regulations. This ultimately led to stricter codes, meaning that your favorite local diner now has to have a fire extinguisher that actually works. Who knew a propane tank could alter the course of culinary history?. Fact: Did you know that in the wake of this tragedy, the phrase 'steakhouse explosion' became a popular punchline for bad dad jokes? Because nothing says 'funny' like a catastrophe at dinner..
- Headline: Donna Karan Shifts Focus to Design. Impact: Donna Karan's decision to focus on design while handing over the reins to John Idol led to a fashion revolution. As Karan's designs dominated the 90s, the ensuing obsession with oversized shoulder pads and black attire caused a spike in sales for both fabric stores and personal trainers. Thanks, Donna!. Fact: Did you know that for every iconic dress Karan designed, there’s a matching 'What was I thinking?' moment in someone’s closet? Fashion is such a fickle friend!.
- Headline: Kirin Brewery To Close Some Plants. Impact: Kirin Brewery's struggle and subsequent plant closures triggered a chain reaction in the beverage industry, leading to the rise of craft breweries. If Kirin hadn’t floundered, we might all still be drinking mass-produced lagers instead of artisanal IPAs with notes of grapefruit and regret.. Fact: Did you know that Kirin's plant closures led to a surge in hipster beard oil sales? Because nothing says 'I enjoy my craft beer' like smelling like an old tree..
- Headline: Workfare Issue Now Blocking Budget Accord. Impact: The workfare debate in New York became a microcosm of national welfare discussions. This legislative gridlock paved the way for endless political campaigns and the rise of 'workfare warriors'—a new breed of politicians who promise to solve issues with catchy slogans and confusing statistics.. Fact: Did you know that debates over workfare have been known to last longer than some actual work weeks? Good luck getting anything done while everyone argues about who’s working harder!.
- Headline: To Test a Powerful Computer, Play an Ancient Game. Impact: Deep Blue's victory over Garry Kasparov set off a technological arms race, leading to computers infiltrating everything from chess clubs to your grandma's bingo night. Who knew that a chess match could eventually lead to AI being in charge of your Netflix recommendations?. Fact: Did you know that after losing to Deep Blue, Kasparov took up knitting? Because if you can’t beat a computer, you might as well make something cozy!.
- Headline: Restaurateur Bows on Name. Impact: The settlement between Donald Eckhard and Warner-Lambert over the Chiclets trademark ushered in a new era of litigation in the food industry. Now, every restaurant owner is terrified of being sued by some corporate giant for using a name that sounds too much like a candy bar.. Fact: Did you know that naming a restaurant is now harder than naming your firstborn? Because God forbid you accidentally invoke the wrath of a gum conglomerate!.
- Headline: Town Sets Fly Traps on Beach. Impact: The fly traps set on Brigantine beach may have quelled one insect crisis, but they inadvertently sparked a surge of beachgoers who suddenly became amateur entomologists. This led to an unexpected boom in bug spray sales and a new trend of 'fly spotting' as a beach activity.. Fact: Did you know that salt marsh greenhead flies have been known to ruin vacations faster than a bad sunburn? Who knew nature could be so vindictive?.
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)