Breakthroughs and everyday innovations from the year.
HEADLINES ON December 18, 2003
Full News Archive
- Headline: Woody Guthrie's Jewish-Themed Songs Unearthed. Impact: Woody Guthrie's songs could have inspired a new wave of cultural understanding, but instead, they just sit in archives waiting for hipsters to rediscover them. Imagine a world where every coffee shop plays Guthrie's Jewish-themed tunes instead of indie folk!. Fact: Nora discovered the songs decades later, just when we were all thinking, 'Gee, we need more folk music about menorahs!'.
- Headline: U.S. Cancels Pension Plan At Kaiser. Impact: The cancellation of the pension plan caused a ripple of panic, leading countless employees to rethink their retirement plans. It's like a game of Jenga, where one wrong pull makes the whole tower of financial security come crashing down.. Fact: Pensions: the adult version of 'I'll trade you my lunch for your dessert.' Spoiler alert: no one ends up with dessert!.
- Headline: STOCK EXCHANGE IS SAID TO SELECT CHIEF EXECUTIVE. Impact: John A. Thain’s appointment to the NYSE might have changed the way CEOs are viewed. Suddenly, people started to wonder if the real job of a CEO was just to look good in a suit while the stock market fluctuates.. Fact: Splitting the chair and CEO roles is like deciding to have a separate driver and navigator on a road trip—because why not complicate things further?.
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 2003, it would be worth $1,226,446 today (1226.4x return)