Breakthroughs and everyday innovations from the year.
HEADLINES ON May 8, 2002
Full News Archive
- Headline: Duncan vs. Kidd: The M.V.P. Controversy. Impact: If Jason Kidd had won the MVP, perhaps the Nets would have never moved to Brooklyn. Who knows, maybe we'd all be wearing New Jersey Nets merchandise today while sipping artisanal avocado toast and reminiscing about the good ol' days of suburban basketball.. Fact: Fun fact: Tim Duncan was so valuable that he once single-handedly turned a basketball game into a chess match. .
- Headline: Toyota's Plant Plans in Mexico Revised. Impact: Had Toyota decided to build that plant, it could have sparked a manufacturing renaissance in Mexico. Instead, we're left with a land of taco trucks and no assembly lines. You win some; you lose some!. Fact: Did you know that in Japan, the average car is considered a family member? Just imagine the heartache if they had to abandon their 'children' in Mexico!.
- Headline: EPA Takes Charge of Ground Zero Cleanup. Impact: The EPA's cleanup efforts could be seen as the first step towards a renewed Manhattan. Fast forward a couple of decades, and the gentrification of Lower Manhattan is now the hottest topic at overpriced coffee shops.. Fact: It’s interesting to note that dust from Ground Zero was actually used as a high-end ingredient in some artisanal soaps. Nothing says 'clean' like a hint of disaster!.
- Headline: As a Hurdle Is Cleared, Building Begins At Ground Zero. Impact: The construction at Ground Zero not only symbolizes the resilience of New York but also inadvertently sparked a boom in overpriced real estate. Thanks, Silverstein! You really showed us how to capitalize on tragedy.. Fact: Did you know that 7 World Trade Center was the first skyscraper in NYC to be built to the highest standards of environmental safety? Because nothing says 'sustainability' like building where a tower used to be!.
- Headline: U.S., in a Shift, Tells Justices Citizens Have a Right to Guns. Impact: This policy shift could lead to a surge in gun ownership and a dramatic increase in the number of individuals who think they’re John Wayne. Imagine a world where everyone thinks they’re a cowboy—yippee-ki-yay!. Fact: Interestingly, the Second Amendment was originally intended as a way to ensure that everyone could have their own fireworks for the Fourth of July. Because nothing says freedom like an explosive display!.
Wall Street Time Machine
NFLX
Netflix
Netflix - If you invested $1,000 in 2002, it would be worth $785,671 today (785.7x return)
AAPL
Apple
Apple - If you invested $1,000 in 2002, it would be worth $779,032 today (779.0x return)