Breakthroughs and everyday innovations from the year.
HEADLINES ON October 26, 2006
Full News Archive
- Headline: Daimler Considers Chrysler's Future. Impact: Daimler's flirtation with distancing itself from Chrysler created a ripple effect that led to countless board meetings filled with awkward silences and one half-hearted PowerPoint presentation after another.. Fact: Fun fact: The only thing more confusing than corporate mergers is trying to figure out who’s actually in charge after they happen. Spoiler: It's usually the lawyers..
- Headline: Fed Holds Steady on Unchanged Rates. Impact: The Fed's unchanged rate created a comforting illusion of stability, which ultimately led to people believing that keeping their money under the mattress was a viable investment strategy.. Fact: Did you know that interest rates are like fashion trends? They go up and down, and most people still can’t figure out what’s in style..
- Headline: Flood Missed a Fly, but Made a Stand That Changed Baseball. Impact: Curt Flood's stand against baseball's reserve clause not only changed the game but also sparked a chain reaction that led to players earning more money than some small countries' GDP. Thanks, Curt!. Fact: Interesting tidbit: Curt Flood was so ahead of his time, if he were alive today, he'd probably be negotiating with aliens for a better deal..
- Headline: A New Film Director’s Agonizing Lessons. Impact: The struggles of new film directors like David Ayer paved the way for the rise of reality TV, proving that sometimes, the best stories come from people just trying to survive in a shark tank.. Fact: Did you know that Hollywood is like a high school cafeteria? The popular kids get all the funding while the rest are left fighting over the last slice of pizza..