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 13, 1998
Full News Archive
- Headline: Remembering Kerris Ann Wolsky's Legacy. Impact: Kerris Ann Wolsky’s early death left a void in the textile world. If only she had invented a time machine to prevent it, we might be living in a reality where everyone wears self-cleaning fabrics created by her genius.. Fact: Did you know that textile design could have been revolutionized by Wolsky’s innovative ideas? Too bad she didn’t get a chance to finish her plans for intergalactic fabric patterns..
- Headline: Arthur Blank's Leadership at Home Depot. Impact: Arthur Blank stepping into the spotlight meant the Home Depot became a haven for DIY enthusiasts. Little did he know, this would ultimately lead to more disastrous home improvement projects than anyone could have imagined.. Fact: Did you know that a significant portion of marriages end during home renovation projects? Thanks, Arthur, for bringing couples closer together... or tearing them apart!.
- Headline: David Selden, 83, Union Chief Jailed During Teachers Strike. Impact: David Selden's legacy as a union leader sparked a new wave of labor activism. His imprisonment would be cited in many future labor battles, proving that martyrdom can sometimes be a great PR strategy.. Fact: Did you know that Selden's jailing during a teachers strike led to more teachers becoming active in politics? Guess they figured if they were going to be punished, they might as well enjoy the ride!.
- Headline: Footlights. Impact: The reward for the stolen painting would lead to a series of increasingly ridiculous thefts in the art world, each more elaborate than the last. Eventually, this would inspire a whole genre of heist films starring charismatic thieves.. Fact: Did you know that the Society of Friends of the Louvre may have inadvertently inspired the careers of countless art thieves? Thanks for the cash incentive, guys!.
- Headline: Senate Backs Halt to Phone Service Switching. Impact: The Senate's unanimous decision on phone service switching would lead to a chain of regulations that made customer service even more infuriating. People would continue to scream into the void of automated phone systems.. Fact: Did you know that this was the last time Congress agreed on anything? What a time to be alive, when the only thing they could unite over was not getting scammed by phone companies..
- Headline: The Chef; A Taste of Summer When Corn Joins Its Perfect Mate. Impact: Daniel Boulud elevating corn and lobster would inspire a culinary revolution. Suddenly, every hipster in Brooklyn thought they could create gourmet dishes with a can of cream corn and a lobster roll.. Fact: Did you know that corn and lobster together made such an impression that it created entire Instagram accounts dedicated to food pics? Because that’s what the world really needed!.
- Headline: In New Retreat, Senate Restores Food Stamps for Legal Immigrants. Impact: Restoring food stamps to legal immigrants may have seemed like a win, but it set off a chain reaction of political debates that would echo for decades. Who knew food could stir up so much drama?. Fact: Did you know that the Senate actually voted on this measure and people thought it would solve everything? Spoiler alert: It didn’t..
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 1998, it would be worth $2,234,025 today (2234.0x return)
AMZN
Amazon
Amazon - If you invested $1,000 in 1998, it would be worth $914,661 today (914.7x return)