<I>TSC's</I> Countdown: At a Glance

A brief look at <I>TSC's</I> list of the top 100 U.S. business events, presented from most important to least.
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TSC's

list of the top 100 U.S. business events, presented from most important to least.

Friday, May 11: Nos. 1 to 20

1.

Eisenhower creates the interstates: June 29, 1956.

2.

Intel invents the single-chip microprocessor: 1971.

3.

The Federal Reserve is formed: 1913.

4.

The Great Crash of 1929: Oct. 24-29, 1929.

5.

Equal pay for equal work: June 10, 1963.

6.

Ford introduces the assembly line: 1913.

7.

Kaiser's World War II shipyards surpass all expectations of production: 1942.

8.

The first Wal-Mart opens: 1962.

9.

The current bull market begins: August 1982.

10.

Carrier Engineering is founded, beginning the commercialization of air conditioning: 1915.

11.

Reagan is elected: 1980.

12.

Keynes publishes

The General Theory of Employment, Interest and Money

: 1936.

13.

Kennan's 'X' letter gives birth to the peacetime military-industrial complex: 1947.

14.

The United Auto Workers stage their first sit-down strikes: 1936-37.

15.

Kroc buys McDonald's: 1961.

16.

Hewlett and Packard put Silicon in the Valley: 1939.

17.

Bakelite is introduced: 1909.

18.

Netscape goes public: Aug. 9, 1995.

19.

The Depression-era securities laws: 1932-34.

20.

President Johnson signs Medicare into law: July 30, 1965.

Thursday, May 13: Nos. 21 to 40

21.

Microsoft is tapped to provide the IBM operating system: 1981.

22.

Bank of America launches the first credit card: September 1958.

23.

The first commercial television broadcast: April 20, 1939.

24.

Volcker becomes Fed chairman: August 1979.

25.

A Merck scientist synthesizes streptomycin: September 1943.

26.

The first Japanese car, a Toyota, is sold in the U.S.: 1957.

27.

The first DC-3 flight: Dec. 17, 1935.

28.

Three Bell Labs scientists invent the transistor: 1947.

29.

The Bretton Woods agreement: 1944.

30.

Toys R Us revives employee stock options: 1978.

31.

The Civil Rights Act: 1964.

32.

Xerox founds its Palo Alto Research Center: 1970.

33.

The Supreme Court allows gene patenting: 1980.

34.

President Ford signs ERISA into law: Sept. 2, 1974.

35.

New York's WEAF broadcasts the first radio ad: 1922.

36.

The Supreme Court orders the breakup of Standard Oil: May 15, 1911.

37.

Wage stagnation starts: 1970s.

38.

The Berlin Wall falls, heralding the triumph of market capitalism: 1989.

39.

The Marshall Plan: June 5, 1947.

40.

The OPEC oil shock: 1973-74.

Wednesday, May 12: Nos. 41 to 60

41.

Coca-Cola becomes a global brand: World War II.

42.

The Jungle

is published: 1906.

43.

FDR signs the GI Bill of Rights: June 22, 1944.

44.

U.S. immigration peaks: 1907.

45.

Reagan fires federal air traffic controllers: August 1981.

46.

AT&T is dismantled: Jan. 1, 1984.

47.

The savings-and-loan crisis peaks: 1988.

48.

Hospital Corp. of America is founded: 1968.

49.

Levittown opens: October 1947.

50.

The Agricultural Adjustment Act is signed: May 12, 1933.

51.

The baby boom begins: 1946.

52.

Charles Merrill re-creates Merrill Lynch: 1940.

53.

The New Yorker

serializes

Silent Spring

: June 1962.

54.

Watts explodes in race riots: August 1965.

55.

ADM becomes the world's largest linseed oil maker: 1923.

56.

Eisenhower signs the act creating NASA: July 29, 1958.

57.

Calpers promotes shareholder activism: 1984.

58.

Morgan consolidates U.S. Steel: 1901.

59.

Wall Street's fixed commissions end: May 1, 1975.

60.

The California asbestos lawsuits: October 1978.

Tuesday, May 11: Nos. 61 to 80

61.

Hoover Dam is completed: March 1, 1936.

62.

Benjamin Graham's

Security Analysis

is published: 1934.

63.

Frances Kelsey blocks the U.S. approval of thalidomide: 1961.

64.

Nasdaq gets its first blue-sky exemption: Dec. 6, 1984.

65.

The CCITT Group 3 recommendation for facsimile machines is adopted: 1980.

66.

Alfred Sloan becomes president of General Motors: 1923.

67.

Cohen and Boyer pioneer recombinant DNA techniques: 1973.

68.

President Johnson's Texas-sized spending spurs domestic inflation: 1960s.

69.

The government bails out Chrysler: Jan. 7, 1980.

70.

Federal Express begins operations: April 1973.

71.

Black and Scholes introduce their options pricing model in the

Journal of Political Economy

: May/June 1973.

72.

Rosie the Riveter and FEPC: Women and minorities contribute to the war effort: 1941-45.

73.

FDR signs the act creating the Federal Housing Administration: June 1934.

74.

AOL goes to flat-rate pricing: Oct. 29, 1996.

75.

The explosion of RCA's stock epitomizes market mania: 1928-29.

76.

Bernays lights the 'Torches of Liberty': March 31, 1929.

77.

MCI is authorized to compete with AT&T: 1971.

78.

The Black Monday crash: Oct. 19, 1987.

79.

Maiman unveils the first working laser: July 1960.

80.

Intelsat 1 goes into service: June 28, 1965.

Monday, May 10: Nos. 81 to 100

81.

The first U.S. supermarket, King Kullen, opens: Aug. 4, 1930.

82.

Michael Milken starts Drexel's junk-bond trading operation: 1971.

83.

The surgeon general reports that smoking causes lung cancer in men: Jan. 11, 1964.

84.

HBO via satellite accelerates the fragmentation of the TV marketplace: September 1975.

85.

The Public Utility Holding Company Act is enacted: 1935.

86.

The Panama Canal opens: Aug. 15, 1914.

87.

Valium is introduced: 1963.

88.

Thomas Watson becomes president of IBM's predecessor: 1914.

89.

John Bogle launches the First Index Investment Trust: August 1976.

90.

Lou Gerstner turns IBM around: April 1993 to present.

91.

Southwest Airlines begins flying: June 18, 1971.

92.

Harley-Davidson adopts Japanese management techniques: October 1981.

93.

The U.S. is a giant creditor nation: 1918-1982.

94.

Frederick Taylor's 'scientific management' theory gains legitimacy: 1910.

95.

Jaws

ushers in the blockbuster era in Hollywood: June 20, 1975.

96.

The University of Phoenix, a for-profit university, is accredited: 1978.

97.

Nike's Revolution ads commodify dissent: 1987.

98.

Disneyland opens: July 17, 1955.

99.

The Three Mile Island disaster: March 29, 1979.

100.

Hallmark gets its start: Jan. 10, 1910.