Breakthroughs and everyday innovations from the year.
The Sounds of
The biggest hits of the year — Top 10 Pop & Country chart toppers
HEADLINES ON August 2, 2002
Full News Archive
- Headline: Revising NYC High-Rise Safety Codes. Impact: The changes in high-rise codes were so effective that they sparked a global movement. Eventually, a group of architects in the future decides that buildings without fireproof marshmallows are just unacceptable, leading to an architectural trend of squishy structures.. Fact: You know, it only took a fiery building collapse for officials to realize that maybe, just maybe, high-rises should be safe. Who would've thought?.
- Headline: Barclays Reports Profit Decline Amid Challenges. Impact: Barclays' profit fall prompted a worldwide panic among bankers who thought it was a trend. In a bizarre twist, everyone started investing in llamas instead of loans, leading to the Great Llama Economy of 2030.. Fact: Funny how a bank's profit can tumble while the rest of us are just trying to figure out how to afford avocado toast. Priorities, right?.
- Headline: Bayer's Profit Plummets Amidst Market Challenges. Impact: Bayer's profit drop sparked a chain reaction in the pharmaceutical industry, leading to a worldwide shortage of aspirin. People started using ancient remedies, and suddenly, herbal tea sales skyrocketed. Who knew chamomile could be a painkiller?. Fact: Did you know Bayer was once associated with magic potions? Just kidding, they were more about chemistry and less about herbal mysticism. But wouldn't that have been more fun?.
- Headline: World Business Briefing | Americas: Canada: Air Canada's Profit Falls. Impact: Air Canada's profit drop led to a sudden surge of people opting for road trips. This inadvertently caused a nationwide increase in terrible car karaoke, culminating in the formation of the first-ever Carpool Karaoke Olympics.. Fact: Air Canada lost money while we all silently judged our friends' taste in music during long drives. At least someone’s having fun, right?.
- Headline: Gilt by Association: Less Status, More Room. Impact: The article on border towns ignited a trend where people began seeking out ‘lesser-known’ places to live. This eventually led to a reality show called 'Escape the Status Quo,' where contestants had to live in the most obscure towns imaginable.. Fact: Apparently, living in a town no one's heard of makes you cooler. Who knew the key to status was simply living off the map in a place with bad Wi-Fi?.
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)