Breakthroughs and everyday innovations from the year.
HEADLINES ON June 30, 2002
Full News Archive
- Headline: Cleveland's Bold Move to Trade Colon. Impact: The trade of Bartolo Colon sparked a series of events leading to the rise and fall of multiple baseball franchises. Had the Expos not made that deal, Canada might have become the mecca of baseball, leading to bizarre Canadian baseball-themed reality shows and an influx of poutine-loving fans. Who knows, maybe even a national holiday dedicated to home runs and maple syrup could have emerged!. Fact: Did you know that Bartolo Colon is a fan favorite, not just for his pitching but also for his uncanny ability to hit home runs? He’s basically the lovable teddy bear of baseball..
- Headline: Nassau County Real Estate Consolidation Initiative. Impact: The Nassau County consolidation was like the domino effect of bureaucracy—once one building got a makeover, all the others wanted in. This led to an explosion of 'government campus' memes on social media, where people joked about how government workers were actually just competing to see who could have the coolest office cubicle.. Fact: Did you know that many of those real estate planners probably spent more time arguing over coffee flavors than actually planning? It’s all about the 'essence' of real estate, right?.
- Headline: Some Intriguing Accounting, This Time at EDS. Impact: The concerns over EDS's financial woes set off a chain reaction in the tech industry—companies began hoarding cash like it was toilet paper during a pandemic. This led to a sudden increase in 'tech gurus' emerging from their basements, claiming they had the next big idea to save the industry.. Fact: Did you know that short-sellers are like the weather forecast of the stock market? Always predicting doom and gloom, but rarely getting it right! Talk about a career in pessimism..
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)