Breakthroughs and everyday innovations from the year.
HEADLINES ON June 23, 2002
Full News Archive
- Headline: World Cup Final Four Showdown. Impact: When South Korea beat Spain, it not only shocked the soccer world but also inspired a whole generation of fans to believe they could achieve the impossible—like thinking they could get a decent cup of coffee in a gas station.. Fact: Did you know that Brazil has won the World Cup five times? Meanwhile, the rest of us just try to win at life every day..
- Headline: Elderly Patients and Drug Cost Challenges. Impact: The prolonged debate over prescription drug prices led to the rise of a thriving black market for ibuprofen, where grandpas swapped their secret stash for candy bars, inadvertently creating the world's first geriatric trading system.. Fact: Fun fact: The only thing slower than the government’s response to healthcare issues is a tortoise trying to cross a busy street..
- Headline: POSTINGS: 4-Year-old Publication Cites Revenues; Grid Magazine Set to Close. Impact: The closure of Grid Magazine caused a ripple effect in the architecture world, leading to a surge in unsolicited 'quirky' design ideas sent to local governments, including a proposal for a 'floating park' that was, unsurprisingly, not taken seriously.. Fact: Did you know that magazines are like the dinosaurs of media? They were once dominant until the internet came in and wiped them out. Sorry, Grid!.
- Headline: Lilly Takes Advantage of His Day in the Sun. Impact: Lilly's moment of glory inspired hundreds of aspiring athletes to believe they too could rise to fame, leading to a long line of 'maybe I should try out for the Yankees' applications that ultimately resulted in a lot of rejected dreams.. Fact: Did you know that a baseball game can last for hours, yet somehow, the highlights are always just a few seconds? Kind of like my last date..
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)