Ghostbusters II was released in 2,410 movie theaters across the US.
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Pepsi Cola became an official trademark.
Grease, starring John Travolta and Olivia Newton-John, was released in the US.
Henry Ford and 12 investors incorporated the Ford Motor Company in Detroit, Michigan.
The Wizard of Oz was shown at The Chicago Grand Opera House for the first time.
The US executed an innocent 14-year-old African American teen for the murder of two white girls.