On this day in 1987, the Chrysler Corporation purchases Nuova Automobili F. Lamborghini, the Bologna, Italy-based maker of high-priced, high-performance cars. Although the terms of the deal were not disclosed, the media reported that Chrysler paid $25 million for Lamborghini, which at the time was experiencing financial difficulties. Lamborghini was established in 1963 by Ferruccio […]
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Soviets To Withdraw From Afghanistan
Representatives of the USSR, Afghanistan, the United States, and Pakistan sign an agreement calling for the withdrawal of Soviet forces from Afghanistan. In exchange for an end to the disputed Soviet occupation, the United States agreed to end its arms support for the Afghan anti-Soviet factions, and Afghanistan and Pakistan agreed not to interfere in […]
Continue readingGeorge Shultz Condemns Soviet Spying
Just days before he is to travel to Moscow for talks on arms control and other issues, U.S. Secretary of State George Shultz states that he is “damned angry” about possible Soviet spy activity in the American embassy in the Soviet Union. Soviet officials indignantly replied that the espionage charges were “dirty fabrications.” Secretary Shultz […]
Continue readingTerry Waite Disappears
On this day, British negotiator Terry Waite disappears while attempting to win freedom for Western hostages held in Lebanon. Waite, special envoy of the archbishop of Canterbury, secured the release of missionaries detained in Iran after the Islamic revolution. He also extracted British hostages from Libya and even succeeded in releasing American hostages from Lebanon […]
Continue readingSegovia Begins Final U.S. Tour
Spanish guitar great Andres Segovia arrives in the United States for his final American tour. He died four months later in Madrid at the age of 94. Segovia was hailed for bringing the Spanish guitar from relative obscurity to classical status. Born in Spain’s southern region of Andalusia–the original home of the guitar–Segovia studied the […]
Continue readingRock and Roll Hall Of Fame Inducts First Woman
In 1986, the Rock and Roll Hall of Fame announced its first group of inductees: Buddy Holly, Chuck Berry, Elvis Presley, Fats Domino, James Brown, Jerry Lee Lewis, Little Richard, Ray Charles, Sam Cooke and the Everly Brothers. Since then, the Hall has added a new class of inductees each year, expanding by January 2008 […]
Continue readingVideo Of Titanic Wreckage Released
On this day in 1986, new close-up videotapes of the sunken ocean liner Titanic are released to the public. Taken on the first manned expedition to the wreck, the videotapes are stunning in their clarity and detail, showing one of the ship’s majestic grand staircases and a coral-covered chandelier swinging slowly in the ocean current. […]
Continue readingColumbia Records Drops Country Legend Johnny Cash After 26 Years
The critically acclaimed 2002 biopic Walk The Line depicts the life and career of Johnny Cash from his initial rise to stardom in the 1950s to his resurgence following a drug-fueled decline in the 1960s. The selection of this time span made perfect sense from a Hollywood perspective, but from a historical perspective, it left […]
Continue reading“Father Of Streamlining” Raymond Loewy Dies
Raymond Loewy, the hugely influential industrial designer who put his mark on the American automobile industry with groundbreaking vehicles such as the Studebaker Champion, Starliner and Avanti, dies on this day in 1986 at his home in Monte Carlo at the age of 92. Born in France, Loewy served as an engineer in the French […]
Continue readingHand Of God Helps Out Maradona
On this day in 1986, Argentine midfielder Diego Maradona scores two goals to lead Argentina past England and into the semifinals of the World Cup. The game was watched the world over, as Argentina and England had not yet normalized relations after a war over the Malvina Islands, also known as the Falklands. On April […]
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