The Franklin National Bank closed due to fraud, the largest US bank to fail at the time.
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Kepler's Supernova was discovered.
An intergovernmental panel on Climate Change reported that the planet will heat up by 2.7°F by 2040, which will wreak havoc on our world.
Inventor Percy L. Spencer patented the Microwave Oven.
Kenyan environmentalist Wangari Maathai became the first African female to win the Nobel Peace Prize.
John Lennon's most iconic hit, 'Imagine,' was released in the UK.