The first transatlantic telegraph cable is completed, linking Europe and North America. This event marks a major milestone in the history of communication, and it has a significant impact on global business as it opens up new possibilities for trade and commerce.
MTV, the first 24-hour video music channel, debuts in the U.S. This opened new marketing opportunities for businesses and shaped global advertising and promotional tactics in the music industry.
The World Health Organization launches the Expanded Program on Immunization, making significant strides in global health, thus indirectly impacting labor productivity and business efficiency worldwide.
Toyota and Mazda announce a partnership for electric vehicles, indicating the growing trend of collaborative business models in the automobile industry.
The Bridge Collapse in Minnesota led to an increased focus on infrastructure investment and highlighted the economic importance of maintaining global supply chain routes.