Breakthroughs and everyday innovations from the year.
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HEADLINES ON July 22, 2002
Full News Archive
- Headline: Ann S Moore's Leadership at Time Inc.. Impact: Ann S Moore's leadership at Time Inc. led to the creation of every magazine subscription service known today. Little did she know, her decisions would result in an avalanche of unsolicited mail that would plague generations—thank you for that!. Fact: Did you know that Time Inc. was once so powerful that it could have single-handedly started a magazine war? Spoiler: they did, and it was just as messy as you'd expect..
- Headline: Shockey's Impact on the Giants' Offense. Impact: Jeremy Shockey’s arrival at the Giants unwittingly set off a chain reaction that would lead to countless 'next big thing' draft picks. Spoiler alert: most of them were just average at best, but hey, it keeps the sports commentators employed!. Fact: Fun fact: Shockey's name actually translates to 'the one who shocks,' which is fitting since his play style often shocked fans into silence—especially when he dropped the ball..
- Headline: Con Edison Faces Challenges After Plant Fire. Impact: The fire at Con Edison set off a series of events that led to the creation of the 'No Coffee, No Power' movement. Imagine the chaos when people realized they can't survive Monday without caffeine. We're still living through those dark times.. Fact: Did you know that the phrase 'fire in the hole' was coined after this incident? Okay, maybe not, but it should have been to reflect the chaos of a Monday morning without power..
- Headline: Under Duress, Some C.E.O.'s Demand More From the Ranks. Impact: The increased pressure on C.E.O.s led to a corporate culture change that has since birthed countless ‘motivational’ posters featuring a cat hanging from a branch. Thanks for the inspiration, angry investors!. Fact: Did you know that C.E.O.s and cats share a lot in common? Both are known to demand attention while often lounging around doing very little!.
- Headline: Yankees Are Up to Their Old Tricks. Impact: This victory over the Red Sox not only fueled the eternal rivalry but also sparked the invention of the term 'Yankee fan'—a title that would go on to describe dedicated individuals who have mastered the art of complaining about everything.. Fact: Fun fact: The Yankees have won so many games that even their trophy shelf has its own trophy shelf. It's a trophy-ception waiting to happen!.
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)