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Monday, August 24, 2020

Today's Leasing News Headlines

What Every Little Girl Wants
Post a Free Ad that You are Looking
    Limited to 100 Words
Top Ten Leasing News
    August 17 - August 21
Leasing Industry Ads
    ---Help Wanted
Maxim Commercial Capital Recent Fundings
    Working Primarily with Brokers
Weed Vending Machines in Colorado:
    The Future of Non-Contact Highs
Credit Card Debt Drops Sharply as Consumers Cut Back
    Quarterly change in total outstanding credit card debt chart
“Profiting from Vendor Leasing”
    Free Download Chapter from Sudhir Amembal, CLFP, Book
Increase in Remote Jobs Could Influence
    Buying  Houses with Future Home Offices
ELFA Announces Winners of
    2020 Operations and Technology Excellence Award
Mixed Breed
    West Los Angeles, California  Adopt-a-Dog
Your Dog Advisor
    The Best Dog Cooling Mat For Summer
Leasing News Web App
    Download to your Mobile Device
News Briefs---
USFDA announces emergency authorization
    for convalescent plasma to treat Covid-19
Wedding Reception Leads to 53 Coronavirus Infections
     and 1 Death
As more hospitals merge,
    California eyes stronger oversight
Is Chicago tourism done until 2021? Facing fewer visitors
    and the possibility of losses, some venues are closing early
US home sales hit a 14-year high
     amid coronavirus pandemic
 Most mortgage refinancers make this 'huge mistake'
    "automatically reach for another 30-year mortgage"

You May have Missed---
Will COVID-19 Force Older Attorneys To Retire Sooner?

Broker/Funder/Industry Lists | Features (wrilter's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months (Be Careful of Doing Business)
Leasing News Icon for Android Mobile Device

  Sports Brief----
   California Nuts Brief---
    "Gimme that Wine"
     This Day in History
       Daily Puzzle
         Weather, USA or specific area
          Traffic Live----

######## surrounding the article denotes it is a “press release,” it was not written by Leasing News nor has the information been verified. The source noted. When an article is signed by the writer, it is considered a “byline.” It reflects the opinion and research of the writer.




Post a Free Ad that You are Looking
Limited to 100 Words

Free Positon Wanted goes into our Classified Ad section on the website:

It also runs once a week in the News Edition.

Use your personal email address only. We encourage you to add a resume, although not necessary. If you do so, please make sure your name, address and telephone number are not included. If so, we will delete them. The reason is once the resume is placed on line: it remains in Google, as well in Leasing News Editions’ archives. A search of your name will bring up your posting, which will have your address and telephone number for years to come.

It is also a good idea to create an email for the ad specifically that you can delete after use.
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To post your free position wanted, please email:




Leasing Industry Help Wanted



Top Ten Leasing News
August 17 - August 21

(Stories most opened by readers)


(1) Why Dinosaurs Became Extinct

(2) New Hires/Promotions in the Leasing Business
   and Related Industries

(3) New Hires/Promotions in the Leasing Business
    and Related Industries

(4)  Funders Taking "New" Broker Business List
    Four Do Not Require that Brokers Be Licensed

(5) Status of Leasing/Finance Employment Available
    in the U.S. Marketplace

(6) Here’s why the Postal Service wanted to remove
     hundreds of mail-sorting machines

(7) Smoke is Thick, Ash on Ground, 48,000 Evacuated in our area
    Located Silicon Valley, base of Santa Cruz Mountains

(8) Banks start to buy home loans at below-market prices
    By Liz Kiesche, Seeking Alpha News Editor

(9) The nation’s biggest public transit system is facing ruin.
    Will Congress save it?

(10) American Express to Acquire Kabbage
    To Service Millions of Small Business customers




Maxim Commercial Capital Recent Fundings
Working Primarily with Brokers

Recent Fundings


2016 Kenworth T880 Tri-Axle Dump Truck

Dump Truck for Public Works Contractor
Start-up contractor qualified for public works contracts had saved for 4 years to buy newer model dump t ruck, but past charge-off and poor credit limited his financing options. High down payment and strong resale / auction value of dump truck made this a Maxim deal.

Maxim Funded: $60,350, 48-month term
Purchase Price: $100,350

CAT Dump Truck, Loader & Backhoe

2016 Kenworth T880
Tri-Axle Dump Truck
Equipment for Paving Contractor
A paving contractor in Waikoloa, Hawaii needed new equipment to remain competitive.  He had the cash for a 50% down payment on a CAT Dump Truck, Loader and Backhoe, and Maxim financed the balance.

Maxim Funded: $58,895 with net 50% down payment.
Purchase Price: $117,790
Construction Equipment

Our Programs
Maxim helps small and mid-sized business owners seize opportunity by providing financing in amounts up to $3,000,000 secured by heavy equipment and real estate. Maxim facilitates equipment purchases, provides working capital and refinances debt for companies across all industries located nationwide.
Click icons to learn more.
Heavy Equipment Purchase Financing
Fast and flexible leases and loans puts heavy equipment to work for business owners. $20,000 - $250,000 funded; up to 65% LTV.
Truck Financing - Approved CalCap Lender!
Easy app and no minimum FICO gets owner-operators and business owners the trucks they want. Up to $55,000 funded; up to 75% LTV.
(For states with closed DMVs, we have temporarily modified our requirements: Titles must be perfected as a contingency to funding.)
Real Estate Secured Working Capital
Debt consolidation and working capital. $100,000 - $3MM funded; up to 70% CLTV. 6 - 60 month terms; interest-only and custom amortization structures.
Equipment & Real Estate Secured Structured Financing
Custom 6-60 month solutions for business expansion, turnarounds or refinancing short-term debt. $20,000 - $3MM funded; up to 65% LTV for Heavy Equipment and 70% LTV/LTC for Real Estate.
** Given the rapidly changing economy and asset values, we are continuously adapting our underwriting criteria as needed. 

Contact me for more info or to submit:

Dana Freeman

Maxim Commercial Capital
1620 Wilshire Blvd., Suite 540
Los Angeles, CA 90025



Weed Vending Machines in Colorado:
The Future of Non-Contact Highs

With many companies going online in order to meet the increased demand for online ordering with some offering additional curbside pickup due to the pandemic, one company in Colorado is making sure people can also purchase their cannabis without fear of getting infected with COVID-19.

Anna, a company founded by Matt Frost, who is also the CEO, makes vending machines designed to fill and take marijuana product orders.

The first vending machine debuted at the Strawberry Fields dispensary, located in central Pueblo. Consumers now have the option of purchasing edibles, vape oils, and flower, all without any interaction with a budtender. Later this year, a second vending machine will be installed in the Starbuds dispensary located in Aurora.

This concept was originally developed by Frost, who has a background in healthcare data analytics, to adapt the efficiency of a market self-serve system to the cannabis industry. In his home state, Massachusetts, waits in dispensaries range from a few minutes to a few hours with some shops recommending that customers pre-order online then schedule pick-up times for ease of purchase.

Vending machines offer an added advantage to cannabis consumers who have no need to speak to a budtender as they already know what they want. This opens up more time for customers who may have questions and need to interact with a budtender for help and enquiries.

There are four vending machines set up in Strawberry Fields. To access them, consumers are required to display identification in order to check in to use them. Each vending machine shows a digital form of the menu on the 27-inch touch screen where customers can stock up on their purchases virtually. The system also offers the option to pay using cash or a debit card. The machine, dubbed Anna, then dispenses the goods, providing a grab-and-go experience.

The Anna app by the same company will be launched and may be used if consumers wish to pre-order then check out using the vending machine. For now though, only weed is stocked in these vending machines so you’ll have to find another substitute for when the munchies hit.

Frost has his eye set on the cannabidiol market with the hopes of putting up Anna machines that sell non-psychoactive cannabis products in retail stores and gas stations in the near future. He also hints at a very lucrative partnership with a company that has significant CBD distribution opportunities. He states that the release is scheduled for fall. If you asked sector players like The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) if they thought 2020 would be the year cannabis starts being dispensed by vending machines, it is likely that none of them would have expected this to happen so soon, a sign of how fast the industry is becoming mainstream.



U.S. household debt decreased by $34 billion to $14.27 trillion in the second quarter of 2020, marking the first decline since the second quarter of 2014. While many may have expected debt levels to rise amid the pandemic, the drop-off in consumer spending during the lockdown actually resulted in an unprecedented drop in credit card debt, which more than made up for a $63-billion increase in mortgage debt.

As the following chart shows, outstanding credit card debt dropped by $76 billion in the three months ended June 30, marking by far the largest decline on record. The previous record had been set in the first quarter of this year, when outstanding credit card debt had declined by $34 billion due to seasonal effects exacerbated by early signs of decreased consumer spending due to COVID-19.

By Felix Richter, Statista



“Profiting from Vendor Leasing”
Free Download Chapter from Sudhir Amembal, CLFP, Book

“Leasing - The Creative Financing Alternative,” by Sudhir Amembal, CLFP, was written with two objectives in mind. The first is to provide guidance to lessors on increasing business volume as well as profitability.

 The second is to provide clear and cohesive information on topics of substantial significance to include Funding, Operating Leases, Vendor Programs, and Measuring Financial Performance.

The publication's breadth and depth make it useful to the novice, the experienced, and everyone in-between; to personnel from any and all departments and to management who will find numerous implementable ideas.

Download Chapter Six, "Profit from Vendor Leasing” (46 pages):

$245 Book
Click Here.




Increase in Remote Jobs Could Influence
Buying Houses with Future Home Offices

One thing that has come to light during the pandemic is that many employees are capable of working completely remotely if they have to. While not all companies will be implementing a remote work culture going forward, many are heading in that direction. A new survey from® and HarrixX shows that new interest in remote work could influence buying trends into the future.

According to the survey, 63 percent of those who are currently working from home said that their decision to purchase a new home was directly related to their ability to work remotely. Another 40 percent whose buying decisions are being influenced by remote work say they will likely purchase a home within the next four to six months. And 13 percent said changes related to COVID incentivized them to purchase a new home.

The most important home factor for these individuals? A home office—the most chosen feature. The other popular features were a quiet location, a garage, an updated kitchen, a large backyard and an open floorplan. Over 20 percent of respondents said that having a home office is important to them.® Senior Economist George Ratiu, remarked,
“The ability to work remotely is expanding home shoppers’ geographic options and driving their motivation to buy, even if it means a longer commute, at least in the short term.

“Although it’s too early to tell what long-term impact the COVID-era of remote work will have on housing, it’s clear that the pandemic is shaping how people live and work under the same roof.”

How many are actually working from home right now? According to those surveyed, 40 percent are currently working remotely—thirty percent were remote before COVID. Twenty-eight percent are still going into the office. If they could choose, however, 52 percent said they prefer to work from home. On the flip side, 39 percent prefer to work in an office setting and 9 percent said it doesn’t make a difference to them.



##### Press Release ############################

ELFA Announces Winners of
2020 Operations and Technology Excellence Award

Washington, D.C. — The Equipment Leasing and Finance Association (ELFA) today announced the winners of its 2020 Operations and Technology Excellence Award. Volvo Financial Services is the winner of the Operations and Technology Excellence Award COVID-19 Project and TIAA Commercial Finance Inc. is the winner of the Operations & Technology Excellence Award. The two award-winning projects will be showcased at a session during ELFA 2020 Business LIVE!, the association’s virtual conference on Oct. 27-28.

Tawnya Stone, Vice President, Strategic Technology at GreatAmerica Financial Services and Subcommittee Chair for the award, said, “We are pleased to highlight the achievements of the 2020 Operations & Technology Excellence Award winners.

 “This year we rolled out a new award category that addresses the heroic efforts taken throughout the COVID-19 pandemic. Especially during these challenging times, both Volvo Financial Services and TIAA Commercial Finance Inc. deserve recognition for their forward-thinking, customer-centric solutions that showcase the value of equipment finance in the marketplace.”

2020 Operations and Technology Excellence Award COVID-19 Project Winner:


As a result of the COVID-19 pandemic, Volvo Financial Services (VFS) faced an unprecedented increase in customers’ payment relief requests, which challenged its customer service levels, processes and solutions. In response, VFS formed a cross-functional task force team to address that problem and leveraged a new way of working characterized by agility, speed and innovation.

The team started with identifying the customer journey pain points in the payment relief processes and developed end-to-end, user-friendly solutions to increase efficiency, productivity and overall customer experience. The overall solution included an easy online form for fast customer submission of payment relief requests; an internal workflow solution with an automated pricing and document generation tool; a digital signature solution to speed up document delivery and convenience for customers given social distancing constraints; and a bulk software program to automate the booking of executed documents for the customer. 

The cross-functional team implemented these solutions in small, continuous and incremental changes with quality, value and customer success in mind. This resulted in VFS being able to more quickly process customer payment relief requests and communicate with customers, and to gain efficiencies so that customer service levels were satisfied.

2020 Operations & Technology Excellence Award Winner:

TIAA Commercial Finance Inc. is recognized for their successful digital transformation effort. Instead of simply launching a series of IT projects, the company viewed this initiative as a strategic shift to managing comprehensive digital products that were competitively differentiated. Shifting from a project mindset to a product mindset allowed for greater agility in adjusting plans as business and market conditions changed.

The company captured ideas and opportunities to evolve the customer journey and evaluate, organize and plan releases of products and features within the newly defined product framework. The result was great efficiency, increased focus on the customer experience and transformation of the business from analog to digital. The innovation and digital transformation journey remains a focus for the company, and current and future clients will benefit from continued progress and a long-term vision.

ELFA President and CEO Ralph Petta, commented, “We applaud all of our award applicants, whose work is a testament to the technology innovation underway in the equipment finance industry.

 “We are honored to recognize Volvo Financial Services and TIAA Commercial Finance Inc., whose winning projects serve as a model on the effective use of technology in our industry. We congratulate both companies for their leadership and their inspired solutions.”

About the Award
The Operations and Technology Excellence Award identifies and recognizes equipment finance companies that have demonstrated best practices in developing and implementing innovative uses of technology or creative business processes to improve operations, enhance customer interactions, enter new markets and build overall ROI. The program brings the backroom to the foreground, spotlighting the best in the industry as an example for others. More information about the award and a list of previous winners is available at

Information about ELFA 2020 Business LIVE! on Oct. 27-28, where the winners will be showcased, is available at

About ELFA
The Equipment Leasing and Finance Association (ELFA) is the trade association that represents companies in the nearly $1 trillion equipment finance sector, which includes financial services companies and manufacturers engaged in financing capital goods. ELFA members are the driving force behind the growth in the commercial equipment finance market and contribute to capital formation in the U.S. and abroad. Its 580 members include independent and captive leasing and finance companies, banks, financial services corporations, broker/packagers and investment banks, as well as manufacturers and service providers. For more information, please visit

### Press Release ############################


Mixed Breed
West Los Angeles, California  Adopt-a-Dog


“My name is Gracie and I am a spayed female, gray and white Mixed breed.

“The shelter thinks I am about 6 years old.
I weigh approximately 43 pounds.

“I have been at the shelter since Mar 19, 2020.

“I am currently in a foster home.”

For more information about this animal, call:
Los Angeles Animal Services - West Los Angeles Shelter at
(888) 452-7381

Open for Appointment Only

Los Angeles Animal Services
West Los Angeles Center
11361 West Pico Blvd.
Los Angeles, CA 90064


Your Dog Advisor
The Best Dog Cooling Mat For Summer

Your Dog Advisor Collection


Leasing News Web App
Download to your Mobile Device

Readers can access the latest edition of Leasing News on their Android mobile device by going to their browser and typing in A web app is available for Android smartphones that opens the news edition in Portrait style, versus a landscape (but can be read either way; however, designed for Portrait viewing).

To add the Android Web App, open www.leasingnews in your mobile device, go to this article, and click on the link below:

You can also ask us to email you the .apk to your mobile device and then follow the directions in the paragraph above.

Your mobile device has a download section, just as your computer has a download section. Find the .apk file and open it. It will automatically be placed with your other Web Aps. Adjust the size to fit your screen.


News Briefs----

US FDA announces emergency authorization
    for convalescent plasma to treat Covid-19

Wedding Reception Leads to 53 Coronavirus Infections
     and 1 Death

As more hospitals merge,
    California eyes stronger oversight

Is Chicago tourism done until 2021? Facing fewer visitors
    and the possibility of losses, some venues are closing early

US home sales hit a 14-year high
     amid coronavirus pandemic

Most mortgage refinancers make this 'huge mistake'
    "Automatically reach for another 30-year mortgage"


You May Have Missed---

Will COVID-19 Force Older Attys To Retire Sooner?


Sports Briefs---

NFL to investigate rash of positive COVID-19 test results
     all linked to New Jersey lab

Cam Newton impresses Patriots coaches with quick pick-up of offense

Patriots sign player who hasn't played football in five years,
    Bill Belichick puts him at a new position

Seahawks' Jackson loses consciousness after hit

Baltimore Ravens release safety Earl Thomas
    after on-field altercation

San Francisco Giants cut Hunter Pence,
    acquire infielder from Tampa Bay Rays in trade

Protesting college football parents haven’t got a clue

Respect for the Black Mamba.


California Nuts Briefs---

Wildfire in Tuolumne County threatening SF’s water,
    power infrastructure

California fires: State, feds agree to thin millions of acres of forests

Los Gatos Chef Withdraws From Consideration For Prestigious Award



“Gimme that Wine”

Another wildfire upends grape harvest in Sonoma, Napa

Wineries Harvest while Wine Country Burns

Lake County winery acquisition deal creates 400,000-case
     California North Coast producer

Free Wine App

Wine Prices by vintage


This Day in History

    1675 - Catholic holy orders were conferred by Gabriel Diaz Vara Calderon, Bishop of Santiago de Cuba, on a visit to St. Augustine, Florida. Minor orders were conferred on seven candidates.
(see age of missions: )
    1676 - The first court-martial in a colony was held in Newport, Rhode Island by Governor Walter Clarke, Deputy Governor John Crayton and their assistant, Edmund Calvary, who was the attorney general. Quanpen, a Native American sachem, also known as Sowagonish, was found guilty of participation in King Philip’s War against the colonists and was ordered shot on August 26. Others who had participated in the war were sentenced to various penalties.
    1682 - The Duke of York awarded Englishman William Penn the three "lower counties" in the American colonies which later became the state of Delaware.
(Lower half of: )
    1718 - New Orleans was founded by French settlers from Canada and France. The Canadians generally brought their wives and families with them. French officers, however, usually younger sons of nobility, refused to marry below their rank, inspiring the plea of one of the early governors to France: “Send me wives for my Canadians, they are running in the woods after Indian girls.” Thus Cajuns were born. By the way, Creole means “native,” born in Louisiana and has nothing to do with race.  Cajun is an aberration of Acadian, from whence in Canada they came.
    1781 - A small force of Pennsylvania militia was ambushed and overwhelmed by an American Indian group, which forced George Rogers Clark to abandon his attempt to attack Detroit.
    1814 - British forces invaded and raided Washington, DC for two days, burning the Capital, the president’s house and most other public buildings. President James Madison and other high US government officials fled to safety until British troops (not knowing the strength of their position as military is in disarray) departed the city two days later. They set the fires in retaliation for the American burning of the parliament building in York (Toronto), the capital of Upper Canada.
    1851 - The San Francisco Committee of Vigilance broke down the jailhouse doors, kidnapped the prisoners, and hanged Whittaker and McKenzie from the second story of the Committee's rooms. Sam Brannan addressed the crowd after the hangings.
    1853 - First potato chips prepared by Chef George Crum, Saratoga Springs, NY. Crum was a Native American/African-American chef at the Moon Lake Lodge resort in Saratoga Springs, New York, USA. French fries were popular at the restaurant and one day a diner complained that the fries were too thick. Although Crum made a thinner batch, the customer was sill unsatisfied. Crum finally made fries that were too thin to eat with a fork, hoping to annoy the extremely fussy customer. The customer, surprisingly enough, was happy - and potato chips were invented! Crum's chips were originally called Saratoga Chips and potato crunches. They were soon packaged and sold in New England.  Crum later opened his own restaurant. William Tappendon manufactured and marketed the chips in Cleveland, Ohio, in 1895. In the 1920s, the salesman Herman Lay sold potato chips to the southern USA (selling the chips from the trunk of his car). In 1926, Laura Scudder (who owned a potato chip factory in Monterey Park, California) invented a wax paper potato chip bag to keep the chips fresh and crunchy, making potato chips even more popular.
    1857 – The Panic of 1857 hit the United States, setting off one of the most severe economic crises in United States history.  Caused by the declining international economy, over-expansion of the domestic economy, and because of the interconnectedness of the world economy by the 1850s, the financial crisis that began in late 1857 was the first world-wide economic crisis.  The sinking of the SS Central America contributed to the panic as New York banks were awaiting a much-needed shipment of gold. American banks did not recover until after the Civil War.  After the failure of Ohio Life Insurance and Trust Company, the financial panic quickly spread as businesses began to fail, the railroad industry experienced financial declines and hundreds of workers were laid off.
    1858 – The Richmond Daily Dispatch reported 90 blacks were arrested for learning.
    1862 - The C.S.S. Alabama was commissioned at sea off Portugal's Azore Islands, beginning a career that would see over 60 Union merchant vessels sunk or destroyed by the Confederate raider. The ship was built in secret in the Liverpool shipyards, and a diplomatic crisis between the US government and Britain ensued when the Union uncovered the ship's birth place.
    1869 - Cornelius Swarthout of Troy, NY, was issued a patent for a “waffle iron.”
    1886 - William Gibbs (d. 1967) was born in Philadelphia.  With his brother, they were among the major designers of World War II era warships and cargo vessels, including the Liberty ships. Gibbs was a pioneer in the areas of efficient hull design and propulsion, along with being a staunch advocate for high standards of fire prevention and hull integrity. Although the liberty ships were designed with a priority of production simplicity and economy, other Gibbs designs tended to be sturdy, light, fast, safe, and enduring.
    1887 – Harry Hooper (1887-1974) was born in Bell Station, CA.  Hooper played most of his 17 years with the Boston Red Sox and was inducted into the Baseball Hall of Fame in 1971.  With Duffy Lewis and Tris Speaker, they formed what many believe to be the greatest outfield in MLB history.
    1891 – Thomas Edison patented the motion picture camera
    1893 - Fire in the south of Chicago left 5,000 people homeless.
    1895 - Birthday of Carol Weiss King (1895-1952), attorney who specialized in outstanding legal briefs. Primarily a researcher, her briefs were argued by other attorneys before the U.S. Supreme Court in at least a dozen major cases that changed immigration laws and deportation regulations as well as the civil rights of those accused of criminal acts, such as the right of a fair trial before a fair jury in one of the Scottsboro Boys appeals.
    1904 – Wee Willie Keeler of the New York Highlanders hit two inside-the-park HRs, helping defeat the St. Louis Browns, 9-1 at Hilltop Park in New York.
    1906 - A cloudburst deluged Guinea, VA, with more than nine inches of rain in just forty minutes.
    1907 – Christy Mathewson pitched for the third day in a row, beating the Pirates, 7-4, allowing just one hit over the last six innings.
    1908 – The New York Giants played a doubleheader, sweeping the Pirates.  In what many believe to be among the first electronic transmissions of a Major League game, the doubleheader was watched in New York on electric diamonds known as "Compton's Baseball Bulletin" at Madison Square Garden and the Gotham Theatre. Bulletins displayed all remaining games.
    1909 - Sax player Paul Webster (1909-66) birthday in Kansas City, MO.  Jazz Trumpeter in Jimmy Lunceford's orchestra 1935-43 and with Cab Calloway 1944-52.
    1912 - Parcel post service was authorized. Previously the weight limit of mail had been four pounds. The rates of the parcel post service depended upon the weight of the package and the distance traveled. This was a boon to mail order catalogues and to people living in the rural areas.
    1912 – New York City threw one of its famed ticker tape parades to honor US Olympians from the 1912 Olympics, among them Jim Thorpe.
    1912 – Alaska became an organized territory of the US.
    1916 – 21 year-old Babe Ruth fired his 7th shutout of the season, a three-hitter that beat the Tigers.
    1925 - Birthday of pianist Louis Teicher (1924-2008) composer of Ferrante and Teicher fame, in Wilkes-Barre, Pa.
    1932 - Amelia Earhart became the first woman to fly across the U.S. non-stop, from Los Angeles to Newark.
    1932 - Charles H. Calhoun, Sr. and Jr., at the third hole of the Washington Golf Club, Washington, GA, while playing with a foursome, both shot a hole in one.     
    1936 – President Franklin Roosevelt authorized the FBI to pursue fascists and communists.
    1938 – Virgil “Fire” Trucks, future Major Leaguer, pitching for Andalusia of the Alabama-Florida League, struck out his 418th batter for the season, the record for organized baseball in the 20th century.
    1939 - Louis "Lepke" Buchalter, leader of Murder, Incorporated, turned himself in to New York City columnist Walter Winchell, who turned the underworld leader in to FBI Director J. Edgar Hoover.
    1943 - No. 1 Billboard Pop Hit:  “In the Blue of the Evening,” Tommy Dorsey Orchestra/Frank Sinatra.
    1944 – Germany’s Army by now has sustained 400,000 men killed, wounded or captured, plus 1,300 tanks, 1,500 artillery, and 3,500 aircraft destroyed.
    1945 - BACON, NICKY DANIEL, Medal of Honor
Rank and organization: Staff Sergeant, U.S. Army, Company B, 4th Battalion, 21st Infantry, 11th Infantry Brigade, Americal Division. Place and date: West of Tam Ky, Republic of Vietnam, 26 August 1968. Entered service at: Phoenix, Ariz. Born: 25 November 1945, Caraway, Ark. Citation: For conspicuous gallantry and intrepidity in action at the risk of his life above and beyond the call of duty. S/Sgt. Bacon distinguished himself while serving as a squad leader with the 1st Platoon, Company B, during an operation west of Tam Ky. When Company B came under fire from an enemy bunker line to the front, S/Sgt. Bacon quickly organized his men and led them forward in an assault. He advanced on a hostile bunker and destroyed it with grenades. As he did so, several fellow soldiers including the 1st Platoon leader, were struck by machine gun fire and fell wounded in an exposed position forward of the rest of the platoon. S/Sgt. Bacon immediately assumed command of the platoon and assaulted the hostile gun position, finally killing the enemy gun crew in a single-handed effort. When the 3d Platoon moved to S/Sgt. Bacon's location, its leader was also wounded. Without hesitation S/Sgt. Bacon took charge of the additional platoon and continued the fight. In the ensuing action he personally killed 4 more enemy soldiers and silenced an antitank weapon. Under his leadership and example, the members of both platoons accepted his authority without question. Continuing to ignore the intense hostile fire, he climbed up on the exposed deck of a tank and directed fire into the enemy position while several wounded men were evacuated. As a result of S/Sgt. Bacon's extraordinary efforts, his company was able to move forward, eliminate the enemy positions, and rescue the men trapped to the front. S/Sgt. Bacon's bravery at the risk of his life was in the highest traditions of the military service and reflects great credit upon himself, his unit, and the U.S. Army.
    1945 – Returning from combat in World War II, Cleveland’s Bob Feller attracted a home crowd of 46,477, who watched him strike out 12 and yield only four hits in a 4-2 win over Detroit’s ‘Prince’ Hal Newhouser. Feller had nine starts during the remainder of the year and his five wins will include a one-hitter and two 4-hitters. With the war now over, fans are clamoring for entertainment and it is clear Feller is still baseball's number one ticket seller.  
    1947 - Margaret Truman, daughter of U.S. President Harry S Truman, presented her first public concert. Margaret sang before 15,000 people at the Hollywood Bowl. The concert did not get great reviews. In fact, the critics didn’t like Margaret’s singing at all. And Margaret’s dad didn’t like the critics, and said so, from the White House.
    1949 - Birthday of American composer Stephen Paulus (1949-2014) in Summit, NJ.

    1949 – NATO was organized.
    1950 - President Harry Truman orders the Army to take over the railroads to stop a possible strike.
    1950 - Edith Spurlock Sampson (1898-1979), the first African-American delegate to the United Nations when she was appointed alternate delegate to the fifth General Assembly. Her first assignment, on September 28, 1950, was to the Social, Humanitarian and Cultural Committee.

    1950 - HANDRICH, MELVIN O., Medal of Honor
Rank and organization: Master Sergeant, U.S. Army, Company C, 5th Infantry Regiment. Place and date: Near Sobuk San Mountain, Korea, 25 and 26 August 1950. Entered service at: Manawa, Wis. Born: 26 January 1919, Manawa, Wis. G.O. No.: 60, 2 August 1951. Citation: M/Sgt. Handrich, Company C, distinguished himself by conspicuous gallantry and intrepidity above and beyond the call of duty in action. His company was engaged in repulsing an estimated 150 enemy who were threatening to overrun its position. Near midnight on 25 August, a hostile group over 100 strong attempted to infiltrate the company perimeter. M/Sgt. Handrich, despite the heavy enemy fire, voluntarily left the comparative safety of the defensive area and moved to a forward position where he could direct mortar and artillery fire upon the advancing enemy. He remained at this post for 8 hours directing fire against the enemy who often approached to within 50 feet of his position. Again, on the morning of 26 August, another strong hostile force made an attempt to overrun the company's position. With complete disregard for his safety, M/Sgt. Handrich rose to his feet and from this exposed position fired his rifle and directed mortar and artillery fire on the attackers. At the peak of this action he observed elements of his company preparing to withdraw. He perilously made his way across fire-swept terrain to the defense area where, by example and forceful leadership, he reorganized the men to continue the fight. During the action M/Sgt. Handrich was severely wounded. Refusing to take cover or be evacuated, he returned to his forward position and continued to direct the company's fire. Later a determined enemy attack overran M/Sgt. Handrich's position and he was mortally wounded. When the position was retaken, over 70 enemy dead were counted in the area he had so intrepidly defended. M/Sgt. Handrich's sustained personal bravery, consummate courage, and gallant self-sacrifice reflect untold glory upon himself and the heroic traditions of the military service.
    1951 - Top Hits
“Too Young” - Nat King Cole
“Because of You” - Tony Bennett
“My Truly, Truly Fair” - Guy Mitchell
“Hey, Good Lookin’” - Hank Williams
    1951 - St. Louis Browns owner Bill Veeck, one of baseball’s greatest showmen, allowed fans attending a game against the Philadelphia Athletics to participate in the strategy decisions normally made by the team’s manager. More than 1,000 fans were given cards reading ”YES” and “NO” and were asked to vote on what the Browns should do at various points in the game. It worked; St. Louis won, 5-3. With iPads, Androids, and Wi-Fi, guess what Bill Veeck could do today.
    1951 – Returning from a demotion to the minors due to a severe lack of hitting, Mickey Mantle made his first appearance in a 2-0 Yankees win over the Indians.
    1954 – At the height of McCarthyism, President Eisenhower signed the Communist Control Act, outlawing the Communist Party.
    1956 - Little Richard plays the Cotton Club in Lubbock, TX, making an indelible impression on audience member Buddy Holly.
    1957 - The Dodgers use eight pitchers in one game tying a Major League record. Johnny Podres gives up three home runs in the third including Hank Aaron's first grand slam.
    1957 - No. 1 Billboard Pop Hit: “Tammy,” Debbie Reynolds. The song is featured in the film “Tammy and the Bachelor'' and is nominated for an Academy Award.
    1959 - A headline in Billboard reads, "Rock and Roll Ain't Ready For The Ol' Rockin' Chair Yet." The story says rock ‘n’ roll was losing popularity a year ago, but the record buyers now like Elvis Presley, Fats Domino and Lloyd Price along with newcomers, the Drifters, Everly Brothers and Ricky Nelson.
    1959 - Phil Phillips' "Sea Of Love" hits #2 on the pop charts.
    1959 - Top Hits
“The Three Bells” - The Browns
“Sea of Love” - Phil Phillips
“Lavender-Blue” - Sammy Turner
“Waterloo” - Stonewall Jackson
    1959 - The Browns, who were Jim Brown and his sisters Maxine and Bonnie, had the top tune in the US with "The Three Bells." The record is an English version of a French song originally titled "Les Trois Cloches," written in 1945.
    1959 – In what would eventually lead to construction of Shea Stadium, in Queens, New York City Parks Commissioner Robert Moses allocated $150,000 for a preliminary study on building a stadium.
    1959 - Hiram L Fong was sworn in as the first Chinese-American senator while Daniel K Inouye was sworn in as the first Japanese-American Representative, both from Hawaii.
    1960 - Birthday of Calvin Edward “Cal” Ripken, Jr., former baseball player, born Havre de Grace, MD. Ripken captured the hearts and attention of Major League fans in 1995 as he neared one of the most revered records in baseball – the 2,130 consecutive games played streak held by Lou Gehrig.  On September 6, 1995, Ripken played in his 2,131st consecutive game. The game, televised nationally, was held up for 22 minutes after the game became official in the 5th inning.  He was Rookie of the Year in 1982 and a 1983 World Series champion, all of his career having been played with the Baltimore Orioles.  Ripken is now very involved in the promotion of youth baseball, being the main sponsor of Cal Ripken Youth Baseball, an alternative to Little League Baseball, as well as running the Collegiate Summer Leagues, throughout the US.  He was inducted into the Baseball Hall of Fame in 2007.
    1961 - No. 1 Billboard Pop Hit: “Wooden Heart (Muss I Denn),” Joe Dowell. The song is a cover of a song Elvis Presley sang in the film “G.I. Blues.''
    1961 – Satchel Paige, well into his 50’s, signed with Portland of the PCL. In 25 innings for the Beavers, he will have a 2.88 ERA.
    1963 - Little Stevie Wonder is the first artist to make the Number One position on the pop single chart, the pop albums chart and the R&B singles chart all at one time. In fact, nobody had made the pop single and album charts at the same time. The music from "Wonder World" is the album, "The Twelve Year- Old-Genius" and the single, "Fingertips, Part Two."
    1963 - The Little League World Series is televised for the first time. With ABC's Wide World of Sports providing coverage of the championship game, Grenada Hills (CA) beats Stratford (CT), 2-1.
    1963 - After a couple of flop singles for smaller record companies, The Ronettes scored their only Top Ten hit with their first effort for Phil Spector, "Be My Baby." None of their other records, including "Baby I Love You," "The Best Part of Breaking Up," "Walking In the Rain" and "Is This What I Get for Loving You?" could crack the US Top 20.  In 2004, the song was ranked 22 by Rolling Stone in its list of The 500 Greatest Songs of All Time.  AllMusic wrote, "No less an authority than Brian Wilson has declared 'Be My Baby' the greatest pop record ever made—no arguments here.”  In 1999, it was inducted in the Grammy Hall of Fame, and in 2006, the Library of Congress honored the Ronettes' version by adding it to the US National Recording Registry. In 2017, Billboard named the song #1 on their list of 100 Greatest Girl Group Songs of All Time. 
    1963 - Darlene Love's biggest solo hit, "Wait Til' My Bobby Gets Home" enters the Billboard chart, where it will top out at #26. She had greater success when she sang for The Crystals, The Blossoms and Bob B. Soxx and The Blue Jeans.
    1964 - Taking him up on his telegram invitation to help out in any way he can in America, Beatles manager Brian Epstein meets Elvis Presley manager "Colonel" Tom Parker for the first time when they have lunch at the Beverly Hills Hotel.
    1964 - "Where Did Our Love Go?" by the Supremes topped the charts and stayed there for 2 weeks.
    1966 - The U.S. premiere of the motion picture “Help!,” starring The Beatles, was held for thousands of moviegoers wanting to see the group’s first, color, motion picture. Their first film, “A Hard Day’s Night,” had been produced in black and white.
    1967 - Patti Harrison convinces her husband George and the rest of the Beatles to attend a lecture at the Park Lane Hilton given by Maharishi Mahesh Yogi. They go and send a note to him requesting a private audience. In the meeting, the Beatles offer themselves as disciples. He accepts and invites them to an indoctrination course for spiritual regeneration two days later. They attend along with Mick Jagger and his girlfriend Marianne Faithfull. Brian Epstein is invited but declines. Afterwards, John Lennon compares the experience as "going somewhere without your trousers."
    1967 - Top Hits
“All You Need is Love” - The Beatles
“Pleasant Valley Sunday” - The Monkees
“Baby I Love You” - Aretha Franklin
“I’ll Never Find Another You” - Sonny James
    1967 - Big Brother and the Holding Company, Bo Diddley, Bukka White, and Salvation Army Banned at The San Francisco Avalon Ballroom
Original Poster by Bob Fried
    1967 - Keith Moon, drummer for the Who, drives his Lincoln Continental (not a Rolls Royce, as is often thought), into the swimming pool at the Holiday Inn in Flint, MI to celebrate his 21st birthday, earning the entire band a lifetime ban from the chain.
    1967 - DAY, GEORGE E., Medal of Honor
Rank and organization: Colonel (then Major), U.S. Air Force, Forward Air Controller Pilot of an F-100 aircraft. Place and date: North Vietnam, 26 August 1967. Entered service at: Sioux City, Iowa. Born: 24 February 1925, Sioux City, Iowa. Citation: On 26 August 1967, Col. Day was forced to eject from his aircraft over North Vietnam when it was hit by ground fire. His right arm was broken in 3 places, and his left knee was badly sprained. He was immediately captured by hostile forces and taken to a prison camp where he was interrogated and severely tortured. After causing the guards to relax their vigilance, Col. Day escaped into the jungle and began the trek toward South Vietnam. Despite injuries inflicted by fragments of a bomb or rocket, he continued southward surviving only on a few berries and uncooked frogs. He successfully evaded enemy patrols and reached the Ben Hai River, where he encountered U.S. artillery barrages. With the aid of a bamboo log float, Col. Day swam across the river and entered the demilitarized zone. Due to delirium, he lost his sense of direction and wandered aimlessly for several days. After several unsuccessful attempts to signal U.S. aircraft, he was ambushed and recaptured by the Viet Cong, sustaining gunshot wounds to his left hand and thigh. He was returned to the prison from which he had escaped and later was moved to Hanoi after giving his captors false information to questions put before him. Physically, Col. Day was totally debilitated and unable to perform even the simplest task for himself. Despite his many injuries, he continued to offer maximum resistance. His personal bravery in the face of deadly enemy pressure was significant in saving the lives of fellow aviators who were still flying against the enemy. Col. Day's conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty are in keeping with the highest traditions of the U.S. Air Force and reflect great credit upon himself and the U.S. Armed Forces.
    1967 – Abbie Hoffman and the Yippies (Youth International party) temporarily disrupted trading at the NYSE by throwing dollar bills from the viewing gallery, causing trading to cease as brokers scrambled to grab them.
    1968 - Lightning struck the Crawford County fairgrounds in northwest Pennsylvania killing two persons and injuring 72 others.
    1968 - Steppenwolf's "Born To Be Wild" hits #2 on the pop chart.
    1969 - ANDERSON, RICHARD A., Medal of Honor
Rank and organization: Lance Corporal, U.S. Marine Corps, Company E, 3d Reconnaissance Battalion, 3d Marine Division. Place and date: Quang Tri Province, Republic of Vietnam, 24 August 1969. Entered service at: Houston, Tex. Born: 16 April 1948, Washington, D.C. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty while serving as an assistant team leader with Company E, in connection with combat operations against an armed enemy. While conducting a patrol during the early morning hours L/Cpl. Anderson's reconnaissance team came under a heavy volume of automatic weapons and machine gun fire from a numerically superior and well concealed enemy force. Although painfully wounded in both legs and knocked to the ground during the initial moments of the fierce fire fight, L/Cpl. Anderson assumed a prone position and continued to deliver intense suppressive fire in an attempt to repulse the attackers. Moments later he was wounded a second time by an enemy soldier who had approached to within 8 feet of the team's position. Undaunted, he continued to pour a relentless stream of fire at the assaulting unit, even while a companion was treating his leg wounds. Observing an enemy grenade land between himself and the other marine, L/Cpl. Anderson immediately rolled over and covered the lethal weapon with his body, absorbing the full effects of the detonation. By his indomitable courage, inspiring initiative, and selfless devotion to duty, L/Cpl. Anderson was instrumental in saving several marines from serious injury or possible death. His actions were in keeping with the highest traditions of the Marine Corps and of the U.S. Naval Service. He gallantly gave his life in the service of his country.
By virtue of an act of Congress approved 24 August 1921, the Medal of Honor, emblem of highest ideals and virtues is bestowed in the name of the Congress of the United States upon the unknown American, typifying the gallantry and intrepidity, at the risk of life above and beyond the call of duty, of our beloved heroes who made the supreme sacrifice in the World War. They died in order that others might live (293.8, A.G:O.) (War Department General Orders, No. 59, 13 Dec. 1921, sec. I).     
    1969 - Three-day Wild West Festival at Kezar Stadium in Golden Gate Park, San Francisco with Janis Joplin, Turk Murphy, Jefferson Airplane, the Dead, Country Joe, Santana, Sly and the Family Stone and the Youngbloods.
    1969 - Arlo Guthrie's movie, “Alice's Restaurant,” opens in New York and Los Angeles.
    1969 - John Lennon writes "Cold Turkey," a song about kicking his heroin addiction. He rehearsed the song all afternoon and recorded it that evening with the help of Ringo Starr and Klaus Voorman. When it was released, critics hated it and the BBC refused to play it, yet somehow it still made the UK Top 20 and the US Top 30.
    1970 - "Make It with You" by Bread topped the charts and stayed there for a week.
    1971 - Ernie Banks hits his final home run of his career as the Cubs beat the Reds, 5-4. Mr. Cub's 512th home run comes in the first inning off Jim McGlothlin.
    1971 - Illinois State Attorney Edward Hanrahan and 13 police officers and police officials are indicted on charges of conspiring to obstruct justice by attempting to thwart criminal prosecution of 8 Chicago patrolmen who raided the apartment of Fred Hampton. This follows August 21 when Panther George Jackson is killed in San Quentin prison during an abortive breakout attempt (three prisoners and three guards are killed in the attempt. Six prisoners are subsequently put on trial for the incident (Fleeta Drumgo, David Johnson, Hugo L.A. Pinell (Yogi), Luis Talamantez, Johnny Spain, and Willie Sundiata Tate). Spain was convicted of murder. The others were either acquitted or convicted of assault. In a side to this story: white attorney Stephen M. Bingham is officially charged with murder in deaths of 2 convicts and 3 guards at San Quentin. Bingham is charged with smuggling guns to George Jackson used in an August 21, 1971 San Quentin breakout attempt. Bingham subsequently flees the country, returning in 1984 to face charges. He was acquitted of murder and conspiracy in 1986.
    1973 - No. 1 Billboard Pop Hit:  “Brother Louie,” Stories.
    1974 - Santana's "Greatest Hits" LP enters the charts.
    1975 - Top Hits
“Fallin’ in Love” - Hamilton, Joe Frank & Reynolds
“One of These Nights” - Eagles
“Get Down Tonight” - K.C. & The Sunshine Band
“Rhinestone Cowboy” - Glen Campbell
    1975 - Los Angeles Dodger Davey Lopes set a Major League record when he stole his 38th consecutive base. It was in the 12th inning of a game against the Montreal Expos that Lopes got his famous steal. The Dodgers still lost in 14 innings, 5- 3.
    1978 - Bruce Springsteen appears on the cover of "Rolling Stone."
    1979 - The Cars perform at New York's Central Park for an audience of a half million people
    1981 - Mark David Chapman was sentenced from 20 years to life imprisonment for his self-admitted murder of former Beatle John Lennon.  In 2000, Chapman became eligible for parole, which has since been denied ten times.
    1985 - Huey Lewis and The News reached the top of the charts with "The Power of Love." The song spent 2 weeks at #1 on the Billboard Hot 100.
    1983 - Top Hits
“Every Breath You Take” - The Police
“Sweet Dreams (Are Made of This)” - Eurythmics
“She Works Hard for the Money” - Donna Summer
“Love Song” - The Oak Ridge Boys
    1983 – The Orioles’ Tippy Martinez picked off three runners in the 10th inning as the Blue Jays took long leads trying to take advantage of his new battery mate, Lenn Sakata, an infielder with no professional catching experience pressed into service behind the plate. The converted catcher got revenge as his three-run homer in the bottom of the frame won the game, 7-4.
    1985 - Dwight Gooden of the New York Mets became the youngest pitcher to win 20 games in a season. Gooden defeated the San Diego Padres, 9-3. He was 20 years, nine months and nine days old.
    1987 - Autumn-like weather prevailed across the north central and northeastern U.S. Seven cities reported record low temperatures for the date, including Saint Cloud, MN with a low of 37 degrees. Temperatures in Florida soared to 98 degrees at Pensacola and 99 degrees at Jacksonville. Thunderstorms produced heavy rain in the Southern High Plains Region, with 5.40 inches at Union, NM, and 7.25 inches reported west of Anthony, NM
    1987 - "Who's That Girl" by Madonna topped the charts and stayed there for a week
    1987 - Donny Osmond released "I'm In It For Love," his first single in 10 years. The record did not crack the Billboard Top 40, but Donny would be back with "Soldier of Love," which reached #2 in 1989.
    1989 - Pete Rose is banned from baseball for life by Commissioner Bart Giamatti for gambling, after weeks of legal wrangling.  Although the 5-page document signed by both parties includes no formal findings, Giamatti says that he considers Rose's acceptance of the ban to be a no-contest plea to the charges.  Rose was permitted to withdraw permanently from baseball rather than face further punishment.  Eight days later, Giamatti (b. 1938) died of a heart attack.   In 1991, the Baseball Hall of Fame formally voted to ban those on the "permanently ineligible" list from induction, after previously excluding such players by informal agreement among voters. After years of public denial, Rose admitted in 2004 that he bet on baseball and on the Reds.  The issue of Rose's possible reinstatement and election to the Hall of Fame remains contentious throughout baseball.  On June 22, 2015, ESPN concluded its own investigation of Rose and determined that he had bet on baseball while still a player–manager. The results of the investigation were made public and revealed the records of bets that Rose had made on baseball. U.S. federal authorities had seized the records from one of Rose's associates. Rose is the only person to be placed on the ineligible list by mutual agreement.
    1989 – Voyager 2, launched by NASA in 1977, reached the orbit of Neptune.
    1991 - Tom Petty and the Heartbreakers' "Learning to Fly" hits #28 on the pop singles chart.
    1991 - Top Hits
“(Everything I Do) I Do It for You” - Bryan Adams
“It Ain’t Over ’Til It’s Over” - Lanny Kravitz
“Fading Like a Flower (Every Time You Leave)” - Roxette
“You Know Me Better Than That” - George Strait
    1992 - "End of the Road (From Boomerang)" by Boyz II Men topped the charts and stayed there for 13 weeks.
    1992 – Hurricane Andrew, category 5, flattened Homestead, FL in one of the US’ worst.
    1996 - The New York Yankees dedicated a monument to the late Mickey Mantle at Monument Park in Yankee Stadium. The new monument joined three others honoring Babe Ruth, Lou Gehrig and Miller Huggins. Mantle died August 13, 1995.
    1999 - Mariner Ken Griffey Jr. joins Babe Ruth, Ralph Kiner, Duke Snider, Ernie Banks, Harmon Killebrew and Mark McGwire as the only players to hit 40 homers in four consecutive seasons.
    2006 – Hall of Famer Jerry Rice, according to ESPN, the greatest player in NFL history, officially retired after 21 years.
    2007 - Mark Lindsay of Paul Revere and the Raiders opens Mark Lindsay's Rock And Roll Cafe in his native Portland, OR.
    2008 - Scoring at least one run in every inning, Hawaii wins the Little League World Series beating Mexico, 12-3. To advance to the championship game, Waipahu scored six runs in the last inning (sixth), overcoming a four-run deficit, to beat Lake Charles, Louisiana in the semi-finals, 7-5.
    2011 – Suffering from the debilitating illness that would eventually take his life, Steve Jobs stepped down as Apple CEO in favor of Tim Cook.
    2012 – After his decision not to contest charges of doping by the US Anti-Doping Agency, Lance Armstrong learned the organization has banned him for life and recommended he be stripped of his seven Tour de France titles which were taken soon thereafter.  In a 2013 interview, Armstrong confessed that some of the allegations were true.   
    2012 -  A California state jury rules that Samsung owes Apple over $1 billion for patent infringement.
     2014 - A 6.0 magnitude earthquake struck Napa, CA, the largest earthquake to strike northern California since the 1989 Loma Prieta quake.



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