Breakthroughs and everyday innovations from the year.
HEADLINES ON July 17, 2002
Full News Archive
- Headline: Toshiba Reports Smaller Loss than Expected. Impact: If Toshiba hadn't seen a smaller loss, Japan might have been forced to invent a new currency based solely on sushi. The global economy could have been a lot tastier, but also a lot stickier.. Fact: Did you know that Toshiba once tried to invent a toaster that could also play music? Because obviously, we needed more distractions while waiting for our bread to brown..
- Headline: Brazilian TV Company Debt Restructuring. Impact: This restructuring set off a chain reaction causing Brazilian soap operas to become even more melodramatic. Who knew debt could inspire such riveting plot twists?. Fact: Fun fact: Brazilian soap operas are so dramatic that they make reality TV look like a documentary about paint drying..
- Headline: Singapore's Export Decline in June 2001. Impact: The drop in exports led Singapore to consider a new export: sadness. It was soon discovered that the world wasn't ready for a 'bottle-your-tears' import business.. Fact: Did you know Singapore's non-oil exports include a staggering amount of LEGO sets? Because nothing says 'global trade' quite like tiny plastic bricks..
- Headline: Guilty Verdict In Perjury Count In Louima Case. Impact: This verdict changed the conversation around police accountability, leading to a widespread demand for reform. It's almost as if people thought justice should actually mean something.. Fact: Did you know that Abner Louima's case sparked discussions about police brutality that are still relevant today? It’s a shame it took a brutal event to get the ball rolling..
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)