Breakthroughs and everyday innovations from the year.
HEADLINES ON October 22, 2002
Full News Archive
- Headline: G.M.'s Market Goals and Competitive Challenges. Impact: General Motors' failure to meet market goals led to a series of unfortunate events, including the rise of hipster bicycle culture, which then caused cities to implement bike lanes everywhere, ultimately leading to a 2040s world where cars are obsolete and public transport is a leisure activity.. Fact: Fun fact: 'G.M.' stands for 'Genuine Marketing' – because who wouldn’t want to buy a car from a company that markets itself as 'genuine' while trying to dodge competition?.
- Headline: Vinexpo Brings Bordeaux to NYC. Impact: The influx of Bordeaux in New York sparked a wine revolution, which eventually led to the rise of pretentious wine bars across the U.S. where people now pay $15 for a glass of something they can’t even pronounce. Thanks, Vinexpo!. Fact: Did you know that the term 'bagel' comes from the Yiddish word 'beygel'? Because nothing says 'New York' quite like a bagel paired with a glass of overpriced French wine!.
- Headline: World Business Briefing | Asia: Japan: Mazda Revises Output. Impact: Mazda’s decision to outsource led to a global car manufacturing shift, where suddenly everyone was outsourcing their problems to robots. This eventually paved the way for the rise of AI, and now we have robots giving relationship advice. Thanks, Mazda!. Fact: Did you know that Mazda originally started as a cork manufacturer? So, if you think about it, they’ve been 'shutting down' operations since the beginning!.
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)