Breakthroughs and everyday innovations from the year.
HEADLINES ON October 28, 1998
Full News Archive
- Headline: Coffee Prices Plummet Amid Currency Concerns. Impact: The coffee price drop led to a global coffee crisis that resulted in people switching to tea, which inadvertently caused an increase in British tea consumption. Who knew Brazil's currency could brew such international tea drama?. Fact: Did you know that coffee was once so valuable it was treated like gold? Now look at it, dropping faster than your New Year’s resolutions..
- Headline: Voter Apathy in Moreno Valley. Impact: The apathy observed in Moreno Valley set a trend for future elections, leading to the creation of the 'Apathy Party', which ironically became the most popular choice among disenchanted voters.. Fact: Apathy is a lot like a bad haircut; everyone notices, but no one wants to talk about it..
- Headline: Abortion Clinic in Buffalo Vows To Continue Slain Doctor's Work. Impact: The reopening of the clinic sparked a nationwide movement for women's rights, creating a butterfly effect that led to increased activism and legislation on reproductive rights across multiple states. Talk about a legacy!. Fact: Dr. Slepian’s commitment to his work inspired a whole generation of doctors, proving that even in tragedy, there is the potential for change and resilience..
- Headline: In Its Case Against Microsoft, U.S. Now Cites Note From Apple. Impact: The U.S. antitrust case against Microsoft opened the floodgates for tech regulation, leading to the rise of countless memes about Windows updates and a generation of people who still can't figure out how to uninstall programs.. Fact: In the battle of tech giants, the only real winner is the person selling you the next 'must-have' gadget. Spoiler: it’s probably not Apple..
- Headline: SERBIAN PULLOUTS LEAD NATO TO LIFT THREAT OF ATTACK. Impact: NATO's decision not to attack Yugoslavia led to a decade-long peace, but also an unexpected rise in the 'Peacekeeper' merchandise, making peacekeeping a lucrative side hustle.. Fact: The irony of preventing war is that it often leads to more jobs in merchandising than in actual peacekeeping. Who knew peace could be so profitable?.
- Headline: Metro Business; Hiring of Disabled Is Strong. Impact: The casino industry's hiring practices sparked a nationwide campaign for disability rights, leading to a future where inclusivity became a buzzword, but only because someone finally decided to check the boxes on their HR forms.. Fact: Hiring disabled people in casinos is like using a cheat code for diversity. Who knew the house could win with inclusivity?.
- Headline: Commercial Real Estate; Fifth Ave. Tower to Shift To Multilevel Retailing. Impact: The shift to multilevel retailing on Fifth Avenue resulted in a shopping renaissance, transforming it into a mecca for tourists and hipsters alike—because nothing says luxury like a Starbucks on every corner.. Fact: Fifth Avenue was once the pinnacle of high fashion. Now it's like an episode of 'Where Are They Now?' in retail..
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)