Breakthroughs and everyday innovations from the year.
HEADLINES ON August 5, 2002
Full News Archive
- Headline: Co-Op City: A Retirement Revolution. Impact: If Co-Op City had not evolved into a retirement haven, we might have seen a rise in civil servant-themed reality shows featuring geriatric residents competing for bingo supremacy, thus shaping the entertainment industry in bizarre ways.. Fact: Did you know Co-Op City was once the largest cooperative housing complex in the world? That’s right! Where else can you live among thousands of your closest neighbors, all complaining about the same heating issues?.
- Headline: Astoria's Evolving Greek Heritage. Impact: The decline of the Greek community in Astoria may have inadvertently led to an increase in hipster cafes serving overpriced, artisanal feta – because nothing says cultural evolution like a $15 slice of toast with a sprinkle of history.. Fact: Fun fact: Astoria is named after John Jacob Astor, who never actually lived there. Talk about commitment issues!.
- Headline: Power Outages in Central New Jersey. Impact: The power outages during the heat wave prompted New Jersey residents to develop a newfound appreciation for ice cream trucks. Ice cream sales skyrocketed, inadvertently fostering a generation of lactose-intolerant individuals with a taste for rebellion.. Fact: Did you know that in New Jersey, the average person consumes 23 gallons of ice cream a year? Clearly, the power outages only added fuel to the dairy fire!.
- Headline: Affleck and Damon Find Real-Life Obstacles to Their Media Venture. Impact: If Affleck and Damon had succeeded in their media venture, we might be living in a dystopian future where every movie is a 'Ben and Matt's Internet Adventure,' leaving us all yearning for the simple days of just watching actual movies.. Fact: Did you know that LivePlanet’s initial idea was to create a reality show about their own production process? Because who wouldn't want to watch a bunch of rich guys struggle to make content? Sounds riveting!.
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)