Breakthroughs and everyday innovations from the year.
HEADLINES ON June 16, 1998
Full News Archive
- Headline: Leo Burnett Exits Glad Brand Account. Impact: Leo Burnett's resignation from Glad is the first domino in a chain reaction that leads to the rise of eco-friendly packaging, as consumers, horrified by their plastic-wrapped sandwiches, demand change. Eventually, a future generation will rely on algae-based wrapping that tastes like seaweed, but hey, at least it's sustainable!. Fact: In a world where Glad's plastic wraps could have ruled forever, it's ironic to think that the most successful ad campaign of the future might just be about 'not using plastic at all.'.
- Headline: Squeegee Man Shooting Controversy. Impact: The squeegee incident leads to stricter police oversight and a national debate on civilian rights. In 20 years, it sparks a movement where people start using 'squeegee' as a metaphor for cleaning up police practices. Who knew a bucket and a mop might inspire social justice?. Fact: The term 'squeegee man' has since become a symbol of the urban struggle, reminding us that sometimes, cleaning windows can lead to cleaning up a whole system..
- Headline: The Last Skirmish For the New Jersey; Sites in State Compete for the Right To Make the Battleship a Museum. Impact: New Jersey's quest for a battleship museum inspires a nationwide trend of repurposing military vessels into tourist attractions, resulting in the odd sight of a battleship hosting yoga classes. Namaste, battleship!. Fact: Who knew the fate of a battleship could lead to a future where naval warfare is overshadowed by naval brunches?.
- Headline: Sunbeam's Board, in Revolt, Ousts Job-Cutting Chairman. Impact: Sunbeam's board revoking 'Chain Saw Al' leads to a corporate revolution where businesses start prioritizing employee well-being over ruthless cost-cutting. Irony strikes when they realize happy employees make better products, and soon there are cats in the office.. Fact: If only 'Chain Saw Al' had focused on cutting down on bad management instead of workers, he might have actually been remembered positively..
- Headline: Panel Hears Arguments in Minority Voting Case in Hempstead. Impact: The Hempstead voting case sets a precedent that ripples through the nation, leading to more inclusive legislation. It inspires a wave of political correctness that eventually results in the creation of awkwardly worded safe spaces where everyone can express their feelings about voting.. Fact: Hempstead's struggle shows that sometimes, democracy is just a fancy word for 'a lot of arguing over who gets to make the rules.'.
- Headline: Times Guide to Entertainment Opens on the Internet Today. Impact: The launch of 'New York Today' ultimately leads to the rise of food blogs, Yelp reviews, and influencers who tell you where to eat avocado toast, turning dining decisions into a competitive sport.. Fact: In a world where the internet was just a wild frontier, it’s wild to think that a simple entertainment guide led to the digital chaos of foodies trying to one-up each other!.
- Headline: Phone Giant To Acquire Bay Networks. Impact: Northern Telecom's acquisition of Bay Networks paves the way for the tech boom, leading to a bizarre future where people debate over 'the best Wi-Fi connection' like it's a form of art. Spoiler: it's not.. Fact: This merger might not have changed the world, but it certainly changed how long we wait for Netflix to buffer during movie night!.
- Headline: Whitman's Daughter Cited For Littering. Impact: Kate Whitman's littering incident becomes a cautionary tale about the perils of privilege, inspiring future generations to champion environmental conservation. Ironically, it also leads to a thriving market for biodegradable beer cans.. Fact: Who knew that a drunken toss could spark a revolution in how we view littering? Now that's a legacy!.
- Headline: Lewis H. Young, 73, Former Editor in Chief of Business Week. Impact: Lewis H. Young's death marks the end of an era in business journalism, leading to the rise of clickbait headlines and the eventual downfall of journalistic integrity. Thanks for that, Lewis.. Fact: Young's death reminds us that good journalism can die, but bad journalism? That's immortal. Welcome to the age of 'Top 10 Ways to Save Your Dying Career!'.
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)