Breakthroughs and everyday innovations from the year.
HEADLINES ON January 1, 1988
Full News Archive
- Headline: DynCorp Buyout Led by Chairman Carnicero. Impact: If Jorge E. Carnicero hadn't headed that buyout group, the entire context of corporate mergers might have shifted, leading to a dystopian future where we all live in a world run by underpaid robots in dystopian offices, all because someone decided to hit 'buy' instead of 'pass'.. Fact: Did you know that Dynalectron was once a pioneer in technology? Now it's just a footnote in the annals of corporate buyouts, like that awkward relative at family reunions that no one wants to talk to..
- Headline: Rhodes Inc. Welcomes New Chief Executive. Impact: Samuel E. Hudgins becoming chief executive was the turning point for Rhodes Inc., paving the way for furniture that might just outlast human civilization. Who knew an office chair could influence the fate of humanity?. Fact: Fun fact: In the furniture world, being named CEO is like being crowned king of the living room. Bow down to the new ruler of recliners!.
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 1988, it would be worth $884,238 today (884.2x return)
MSFT
Microsoft
Microsoft - If you invested $1,000 in 1988, it would be worth $2,037,337 today (2037.3x return)