On this day in 2000, in one of the biggest media mergers in history, America Online Inc. announces plans to acquire Time Warner Inc. for some $182 billion in stock and debt. The result was a $350 billion mega-corporation, AOL…
On this day in 2000, in one of the biggest media mergers in history, America Online Inc. announces plans to acquire Time Warner Inc. for some $182 billion in stock and debt. The result was a $350 billion mega-corporation, AOL…
The first General Assembly of the United Nations, comprising 51 nations, convenes at Westminster Central Hall in London, England. One week later, the U.N. Security Council met for the first time and established its rules of procedure. Then, on January…
On this day in 1962, an avalanche on the slopes of an extinct volcano kills more than 4,000 people in Peru. Nine towns and seven smaller villages were destroyed. Mount Huascaran rises 22,000 feet above sea level in the Andes…
On this day in 1901, a drilling derrick at Spindletop Hill near Beaumont, Texas, produces an enormous gusher of crude oil, coating the landscape for hundreds of feet and signaling the advent of the American oil industry. The geyser was…