Breakthroughs and everyday innovations from the year.
HEADLINES ON June 25, 2002
Full News Archive
- Headline: Louima Case: Trial of Officer Schwarz Begins. Impact: The trial of Charles Schwarz sparked a chain reaction of police accountability movements that eventually led to the rise of social media hashtags. If Abner Louima hadn't testified, we might still be using fax machines to communicate about civil rights violations. Thanks, Abner!. Fact: Did you know that broomsticks were once considered a household cleaning item and not a torture device? Who knew cleaning could be so sinister?.
- Headline: Brazil's Dominance in World Cup Soccer. Impact: Brazil's continued dominance in soccer led to thousands of backyard games where kids dreamt of being the next Pelé. However, it also resulted in a few too many arguments over who actually gets to be 'the best'—spoiler alert: it's always Brazil.. Fact: Did you know that Brazil has won the World Cup five times? That’s more victories than some countries have had in wars. But hey, who’s counting?.
- Headline: World Business Briefing | Europe: Another Steel Tariff Investigation. Impact: The steel tariff investigation was a prelude to trade wars that would have future generations wondering why their appliances cost more than their rent. Thanks to these discussions, we now have a fascinating array of tariffs that no one can fully understand. Cheers to bureaucracy!. Fact: Did you know that tariffs are just a fancy way of saying, 'We don't want your stuff unless you pay us more'? Sounds like a toddler negotiating snack time..
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)