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 September 25, 1999
Full News Archive
- Headline: Cultural Tensions at DaimlerChrysler. Impact: The struggle over culture in the auto industry led to a series of corporate mergers that created a domino effect of executive power shifts, resulting in the modern-day phenomenon of CEOs who are more famous than movie stars. One could argue that if Stallkamp hadn't retired, we might still be driving cars with names like 'DaimlerChrysler Fusion,' which sounds like a bad sci-fi movie.. Fact: In a world where company culture fights lead to corporate drama, did you know that the automotive industry is the only place where a boardroom brawl can literally lead to a crash course in business ethics?.
- Headline: Clinton's House Purchase Controversy. Impact: By seeking financial help to buy a house, Clinton inadvertently set a precedent for future politicians to ask their friends for cash, which eventually evolved into the modern-day practice of crowdfunding political campaigns. Who knew that a real estate transaction could reshape the landscape of political fundraising?. Fact: Did you know that real estate agents now have a special category for 'politician-approved homes'? They come with a side of scandal and the potential for a press conference in your living room!.
- Headline: Aged Upstart, College Board, Is Joining Gold Rush on Web. Impact: The College Board's pivot into the online world sparked an educational gold rush that led to the rise of endless online courses, MOOCs, and a generation of students who now believe they can ace the SAT with just a few YouTube videos and a strong Wi-Fi connection. Talk about a shift in the educational paradigm!. Fact: Did you know that the SAT now stands for 'Seriously, Anyone Try'? Because with so many online prep courses, why not let the internet do the heavy lifting?.
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 1999, it would be worth $880,068 today (880.1x return)