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Monday, May 22, 2023


Today's Leasing News Headlines

Florida Commercial Financing Disclosure Law
    By Sloan Schickler, Esq.
New Hires/Promotions in the Leasing Business
    and Related Industries
Leasing and Finance Industry Help Wanted
    Sales Champions! Access Unlimited Income Potential
Recruiter Calls Me Too Much!
    Career Crossroads by Emily Fitzgerald
Top Ten Leasing News Read by Readers
    May 15 - May 19
Report Examines the Franchise Sector and
    the Opportunities for Equipment Finance Companies
ELFA Announces Christopher A. Enbom Will Receive
    David H. Fenig Distinguished Service in Advocacy Award
Terrier Mix
    San Francisco Bay Area, Adopt-a-Dog
News Briefs ---
America’s Biggest Bank Is Everywhere
    —and It Isn’t Done Growing
The real reason America’s nonprofit sector
    is seeing massive growth, and more
The U.S. Needs Minerals for Electric Cars
    Everyone Else Wants Them Too
Exxon Joins Hunt for Lithium in Bet on EV Boom
    Quietly laid plans this year for producing mineral

You May Have Missed ---
Small businesses are beginning to panic
    about a government default

Broker/Funder/Industry Lists | Features (wrilter's columns)
Top Ten Stories Chosen by Readers | Top Stories last six months
Sales Make It Happen

Sports Briefs
   California News
    "Gimme that Wine"
 This Day in History
  SuDoku
   Daily Puzzle
    GasBuddy
     Weather, USA or specific area
      Traffic Live----
       Wordle

######## surrounding the article denotes it is a “press release,” it was not written by Leasing News nor has the information been verified, but from 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.




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Florida Commercial Financing Disclosure Law
By Sloan Schickler, Esq.

On May 4, 2023, the Florida State Legislature enacted the Florida Commercial Financing Disclosure Law (“Law”). The Law will go into effect on July 1, 2023 if signed by the Governor of Florida. As stated in my prior article concerning this Law, it bears some similarities to both California’s and New York’s commercial disclosure laws. The Law exempts banks and leases, and certain transactions with vehicle dealers and rental car companies.

Commercial financing transactions under the proposed law cover: commercial loans; accounts receivable purchase transactions; and commercial open-end credit plans; provided they are for business purposes and not for personal, family or household purposes.

Transactions and entities exempt from the disclosure requirements are: FDIC insured depository institutions and their affiliates and subsidiaries; lenders regulated under the federal Farm Credit Act; transactions secured by real property; a lease; or a purchase money obligation; where the recipient is a vehicle dealer or vehicle rental company or affiliate and the loan or credit plan is for at least $50,000 or a similar transaction offered by a manufacturer or its related entity (captive finance company); a licensed money transmitter; a provider of no more than five commercial financing transaction in the State of Florida during a 12-month period; and transactions over $500,000.

Providers of transactions are required to give written disclosures at or before consummation of the transaction. Providers include persons that enter into agreements with Florida depository institutions to arrange commercial financing transaction between the depository institution and a Florida business through an online lending platform.

Information to be disclosed includes: the total amount of funds to be provided; the disbursement amount after any deductions or withholding which must be itemized; the total amount owed to the lender; the total cost of the financing; the manner, frequency and amount of the payments and if there are variable payments the method used to calculate the payments. Brokers may not obtain advance fees from a business to provide brokering services.

The Law also regulates brokers that arrange commercial finance transactions. It prohibits brokers from taking broker fees in advance of providing the services, making false or misleading representations in connection with the service provided and in its business dealings, and failure to disclose the broker’s name, business address and telephone number in broker advertisements.

The Florida Attorney General has exclusive authority to enforce the Law. The Law does not contain a private right of action for failure to comply. Violations will incur fines of $500 per incident with a maximum of $20,000 in the aggregate for all violations however, after receipt of notice from the Attorney General concerning violations, the fine may be up to $1000 for each incident with an aggregate penalty bumped up to $50,000.


Sloan Schickler
One Rockefeller Plaza, 11th Floor
New York, NY 10020
Direct Dial: 212-262-5297
Facsimile: 212-262-6298
sloan.schickler@schicklerlaw.com
WWW.SCHICKLERLAW

 

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New Hires/Promotions in the Leasing Business
and Related Industries


Justin Berard, CLFP, was hired as Director of Customer Success, Stretch Investments, Inc., Sunnyvale, California. He is located in Laguna Hills, California. Previously, he was Vice President of Sales, Ascentium Capital, Irvine, California; Vice President of Sales, Navitas Credit Corporation (March, 2020 - August, 2022); Senior Account Manager, Amur Equipment Finance (February, 2017 - March, 2020); Vice President, Sales, Ascentium Capital (April, 2014 - February, 2017; National Account Manager, Partners Capital Group (July, 2009 - April, 2014).
https://www.linkedin.com/in/justin-berard-08716415/


Dante Bush was promoted to Senior Financial Consultant, Beacon Funding, Tampa, Florida.  Previously he was Financing Associate (February, 2022 - May, 2023); Universal Bank, Synovus (2020 - February, 2022). He joined Regents Capital Corporation August, 2018, as Account Executive, promoted January, 2019, Senior Account Executive. Full Bio:
https://www.linkedin.com/in/dante-bush-ab7b19108/details/experience/
https://www.linkedin.com/in/dante-bush-ab7b19108/


Erick Dronski was hired as customer Experience, Account Manager, Allied Solutions, LLC, Carmel, Indiana. He is located in Mount Laurel, New Jersey. Previously, he was Account Executive, SpotOn (May, 2022 - May, 2023). He joined Marlin Capital Solutions February, 2019, Customer Service Specialist, promoted December, 2021, Partner Financial Specialist. Full Bio:
https://www.linkedin.com/in/erickdronski/details/experience/
https://www.linkedin.com/in/erickdronski/


Katie Edwards was hired as Siemens Finance Services/Southwest Regional Sales Manager. She is located in Greater Houston, Texas. Previously, she was Texas/Southwest Territory Business Development Officer, Midland Equipment Finance (January, 2019 - May, 2023); Funding Manager, 360 Equipment Finance (January, 2015 - January, 2017).
https://www.linkedin.com/in/katieedwardsusa/


David Feldser was hired as Executive Director, East Region Sales Leader, J.P. Morgan, Charlotte, North Carolina. He is located in Washaw, North Carolina. Previously, he was at Sunlight Financial, starting January, 2021, Business Development Manager, promoted Director, March, 2023; Territory Manager, Wells Fargo Equipment Finance (April, 2018 - January, 2021); Senior Vice President, Wintrust Commercial Finance (January, 2016 - April, 2018); Director, NXT Capital (May, 2015 - May, 2016). Full Bio:
https://www.linkedin.com/in/davidfeldser/details/experience/
https://www.linkedin.com/in/davidfeldser/


Jenifer Santoro was hired as Business Development and Sales, AP Equipment Financing, Portland, Oregon. She is located in Brookfield, Connecticut. Previously, Director, Internal Sales, Mitsubishi HC Capital America, Inc. (April, 2021 - April, 2023); Director, Dealer Relations, Hitachi Capital America Corp (August, 2001 - October, 2021).
https://www.linkedin.com/in/jenifer-santoro-ba919548/



[headlines]
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Leasing and Finance Industry Help Wanted
Highly Trained Operation Staff/Work from Home
Excellent Compensation/Marketing Support



[headlines]
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Recruiter Calls Me Too Much!

Career Crossroads by Emily Fitzgerald

Question: I have been contacted numerous times by a recruiter re: other opportunities. This person doesn’t take” I am not interested,” but he keeps on calling, it seems almost every other week.

Answer: Be courteous – you never know what the future holds! I don’t think you should be rude with anyone, as you don’t know what bridges you will be burning behind you. I would suggest emailing/or texting the recruiter back and letting them know that you are currently not interested in exploring opportunities, and you will keep his number in case things change.

Recruiter will check in with you once in awhile to see how you are doing in your career but not every other week or what appears to be every other week.

You know situations are consistently changing (e.g. moving / lay-off / comp decrease, looking for better quality of life, etc.…)

As a recruiter, I know we appreciate when a potential Candidate is a straight shooter, someone who won’t go down the interview road and then say, “well. I am not really interested in exploring an opportunity.” It is a waste of everyone’s time.

Don’t forget, there are firms (such as ours) that have developed long-term relationships with companies. Often these companies weigh hiring decisions on recruiters’ feedback! Reputation is very important in being respected in the community.

My viewpoint is your relationship with your recruiter should be LONG-TERM. A Recruiter that is only interested in a one-off placement is not a Recruiter planning to be in the industry for a period of time.

My advice: ONLY work with recruiters that are more relationship-driven!

Emily Fitzpatrick
Sr. Recruiter
Recruiters International, Inc.
Phone:  954-885-9241
Cell:  954-612-0567
emily@riirecruit.com

Invite me to connect on LinkedIn
www.linkedin.com/pub/emily-fitzpatrick/4/671/76
Also follow us on Twitter #RIIINFO

Career Crossroads Previous Columns
http://www.leasingnews.org/Conscious-Top%20Stories/crossroad.html



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Top Ten Leasing News Read by Readers
May 15 - May 19

(1) Certified Lease and Finance Professional
Adds 14 New CLFPs
https://leasingnews.org/archives/May2023/05_15.htm#clfp

(2) Story Credit Financing
Business Loans, SBA Loans, Working Capital
https://leasingnews.org/archives/May2023/05_17.htm#sc

(3) An unusually terrible freight market
may get a lot worse
https://www.freightwaves.com/news/an-unusually-terrible-freight-market-may-get-a-lot-worse

(4) Russell H. Wilder, CLFP, Announces Retirement
   Executive Vice President, Chief Credit Officer
ATEL Capital Group, Inc., and Affiliates
https://leasingnews.org/archives/May2023/05_19.htm#russell

  (5)  Bank Failures Put Squeeze on Construction Loans
Which Trickle Down to All Related Businesses
By Leslie Shaver, Senor Reporter, ConstructionDive
https://leasingnews.org/archives/May2023/05_15.htm#bank

(6) The Return to the Office Has Stalled
Offices remain half empty as companies settle into hybrid
https://www.wsj.com/articles/the-return-to-the-office-has-stalled-e0af9741?st=dyzll0368kkn9ee&reflink=desktopwebshare_permalink

(7) The Greatest Wealth Transfer in History Is Here,
With Familiar (Rich) Winners
https://www.nytimes.com/2023/05/14/business/economy/wealth-generations.html

(8) The Top 5 Things NOT to Do on an
Interview (with a Dash of Sarcasm)
https://leasingnews.org/archives/May2023/05_15.htm#5

(9) Why I Became a CLP (June 6, 2006)
Russ Wilder-"The ATEL Credit Man"
https://leasingnews.org/archives/May2023/05_19.htm#why

(10)  Why You!
Sales Makes it Happen by Scott Wheeler, CLFP
https://leasingnews.org/archives/May2023/05_17.htm#why


[headlines]
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##### Press Release ############################

Report Examines the Franchise Sector and
the Opportunities for Equipment Finance Companies

Washington, DC,– Despite economic uncertainties around inflation, labor issues, and a looming recession, more than 80 percent of franchisors anticipate an increase in franchise sales in 2023, according to a new study released by the Equipment Leasing & Finance Foundation (Foundation). The report, “Vertical Market Outlook Series: Franchise,” provides an outlook on the franchise sector in the U.S., including key trends and developments impacting this sector over the next one to two years. It is the eighth release of the Foundation’s forward-looking Vertical Market Outlook Series designed to help readers recognize and understand opportunities and challenges that may affect their businesses.

The report was commissioned by the Foundation and prepared by global advertising, technology, and data company Big Village, which also produced the previous studies in the Vertical Market Outlook Series. The new study presents data and research from a variety of sources, and examines a range of issues, including:

  • Franchise market landscape: composition, costs, advantages, and disadvantages
  • Macroeconomic environment: labor, economic factors, supply chain issues, implementing price increases, shifting demographics
  • Trends, growth segments, and opportunities: financing options, franchise equipment/supply, technology
  • Case studies: hospitality technology and QSR automation


Tom Ware, Foundation Research Committee Chair, commented,
“The study does an excellent job of surveying the franchise landscape, the wide variety of franchises that exist and could benefit from equipment finance, and the economic and demographic trends affecting them.

 “This study provides timely data and analyses to inform thinking and high-level insight for equipment finance professionals to reference in their strategic planning.”

Download the full report at https://www.leasefoundation.org/industry-resources/vertical-outlook

All Foundation studies are available for free download from the Foundation’s online library at http://store.leasefoundation.org/.

JOIN THE CONVERSATION
Twitter: https://twitter.com/LeaseFoundation
Facebook: https://www.facebook.com/LeaseFoundation
LinkedIn: https://www.linkedin.com/company/10989281/
Vimeo: https://vimeo.com/elffchannel

ABOUT THE FOUNDATION
The Equipment Leasing & Finance Foundation is a 501c3 non-profit organization that propels the equipment finance sector—and its people—forward through industry-specific knowledge, intelligence, and programs that contribute to industry innovation, individual careers, and the overall betterment of the equipment leasing and finance industry. The Foundation is funded through charitable individual and corporate donations. Learn more at. https://www.leasefoundation.org

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


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

ELFA Announces Christopher A. Enbom Will Receive
2023 David H. Fenig Distinguished Service in Advocacy Award

WASHINGTON, D.C. – The Equipment Leasing and Finance Association (ELFA) has selected Christopher A. Enbom, CEO & Chairman of AP Equipment Financing, to receive its 2023 David H. Fenig Distinguished Service in Advocacy Award. The award honors individuals who have made significant contributions to the association’s advocacy efforts to promote sound public policies for the equipment finance industry. Enbom will be formally recognized at ELFA’s Capitol Connections event on Wednesday, May 24.


ELFA President and CEO Ralph Petta, said, “It is an honor to present Chris Enbom with this well-deserved award. As the leading advocate for the equipment finance industry, ELFA could not be successful without the leadership and commitment of members like Chris. We thank him for all he has done to help advance the ELFA advocacy agenda.”

Chris Enbom stated,”“I am extremely pleased to both honor the legacy of David Fenig and be held up as a positive example of advocating for the equipment finance industry. I was 19 when I served as an intern for the Commerce Committee in the Senate. This experience helped shape my views around advocacy. Politics and politicians are often criticized and maligned, but our democratic process is a large part of the power of America. I love our industry and I love supporting our businesses. I am proud of everything the equipment finance business does to help propel the U.S. and world economy. Thank you to the ELFA staff and the ELFA Board for this great honor.”

As an active participant in ELFA for more than two decades, Enbom has supported the industry’s policy objectives in a number of ways. He has been a steadfast participant in the association’s annual Capitol Connections event in Washington, D.C., attending almost every year since 2010. At this event, Enbom has met with members of Congress, highlighting the value of equipment finance to the U.S. economy and the impact of legislative and regulatory proposals on the industry. Enbom’s advocacy efforts haven’t been limited to traveling to Washington; he has embraced building relationships at home as well by hosting a member of Congress at the offices of AP Equipment Financing. He also has played a leadership role in LeasePAC, ELFA’s nonpartisan federal political action committee, serving as Chair of the LeasePAC Committee (2014-2015).

Enbom has represented the equipment finance industry on key advocacy issues, including participating in the Consumer Financial Protection Bureau’s small business review panel regarding Section 1071 of Dodd-Frank in October of 2020. In Washington parlance, this panel is often called the SBREFA panel, as it is required by the Small Business Regulatory Enforcement Fairness Act of 1996. This panel is an important part of the process to gauge the effects of regulations on small businesses. Enbom’s participation provided a critical input to the process: the perspective of an independent equipment finance company.

As an industry thought leader, Enbom has served in multiple leadership roles, including as a member of the ELFA Board of Directors (2013-2015) and as Chair of the ELFA Small Ticket Business Council Steering Committee (2011-2012). Enbom also gives back to the industry as an active supporter of Equipment Leasing & Finance Foundation, serving on the Foundation’s Board of Trustees (2018-2022), Research Committee (2018-present) and Industry Future Council.

In addition to his role as CEO & Chairman of AP Equipment Financing, Enbom is CEO of FMI Equipment, a high-growth equipment dealership headquartered in the Northwest with seven locations. FMI sells many brands, including Morbark chippers, Rayco stump grinders, Takeuchi excavators and skid steers, All Access spider lifts, specialty trucks, Toro skid steers and many other lines. Enbom is also CEO of Tokyo Century (USA), parent company to FMI and AP Equipment Financing.

Enbom founded AP Equipment Financing (legally known as Allegiant Partners Incorporated) in 1998. Prior to starting Allegiant, he was involved in structuring, marketing and closing leases and structured transactions for aircraft, rail and facilities in both Japan and San Francisco. He has a B.A. in political economy from the University of California, Berkeley.

About the Award
The David H. Fenig Distinguished Service in Advocacy Award is named for ELFA’s former Vice President of Federal Government Relations, David H. Fenig, who served as an accomplished and tireless advocate on behalf of the equipment leasing and finance industry from 2004-2011.

About ELFA
The Equipment Leasing and Finance Association (ELFA) is the trade association that represents companies in the $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. ELFA has been equipping business for success for more than 60 years. For more information, please visit https://www.elfaonline.org

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


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Terrier Mix
San Francisco Bay Area, Adopt-a-D0g

Palma

Female
15 lbs.
Fee: $575

Palma is a bronzed beauty who was dealt a bad hand. Now this sweet pup is starting on a clean slate and will be sure to reward you with her love and loyalty. We don’t know her full history, and this cutie is clear about her personal space boundaries.

Once she trusts you she will crave your company, though at a comfortable distance. Her love language is receiving delicious no-hide treats and all kinds of toys. She is learning quite a bit from her furry foster sibling.

Palma is best suited in a home with bigger hoomans, access to a fenced yard and another fluffy sibling who can show her the ropes. She will thrive with a patient owner who is willing to take time to gain trust and help her develop confidence.

If you are looking for an enriching and rewarding experience with a lovely furry companion, Palma is your girl. Fill out the online application and a volunteer will respond within a few days.

Application:
https://www.rescuetheunderdog.com/adoption-application.html

Resucue the Underdog
https://www.rescuetheunderdog.com


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News Briefs---

America’s Biggest Bank Is Everywhere
    —and It Isn’t Done Growing
https://www.wsj.com/articles/americas-biggest-bank-is-everywhereand-it-isnt-done-growing-5ff18360?mod=automatedsf_trending_now_article_pos4

The real reason America’s nonprofit sector
    is seeing massive growth, and more
https://www.washingtonpost.com/business/2023/05/12/force-behind-americas-fast-growing-nonprofit-sector-more/

The U.S. Needs Minerals for Electric Cars
    Everyone Else Wants Them Too.
https://www.nytimes.com/2023/05/21/business/economy/minerals-electric-cars-batteries.html

Exxon Joins Hunt for Lithium in Bet on EV Boom
    Quietly laid plans this year for producing mineral in Arkansas
https://www.wsj.com/articles/exxon-joins-hunt-for-lithium-in-bet-on-ev-boom-1d72cdd6?st=3nsw8zmgjrwg3bm&reflink=desktopwebshare_permalink

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Small businesses are beginning to panic
    about a government default
https://www.washingtonpost.com/business/2023/05/20/debt-ceiling-small-business/

[headlines]
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Sports Briefs---

The Data That Explains LIV Golf vs. the PGA Tour
https://www.wsj.com/articles/pga-championship-liv-golf-pga-tour-rankings-owgr-5df61bf8?st=sybmg6thzqqx9nr&reflink=desktopwebshare_permalink

Is Victor Wembanyama the Best European NBA Prospect Ever?
https://www.theringer.com/nba-draft/2023/5/16/23725034/victor-wembanyama-prospect-analysis-luka-doncic

[headlines]
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California News Briefs---

A’s pledge for Las Vegas ballpark
    would be largest in MLB history
https://www.reviewjournal.com/sports/athletics/as-pledge-for-las-vegas-ballpark-would-be-largest-in-mlb-history-2780506/

Single family residence sells for
$2.8 million in Monte Sereno. California
https://www.eastbaytimes.com/2023/05/19/single-family-residence-sells-for-2-8-million-in-monte-sereno-4/

[headlines]
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Gimme that Wine

 

Gloria Ferrer vineyards a Sonoma County pioneer
     in using AI to monitor crops
https://www.pressdemocrat.com/article/lifestyle/gloria-ferrer-vineyards-a-sonoma-county-pioneer-in-using-ai-to-monitor-crop/

The 15 Best Wines In 2023 So Far
https://www.tastingtable.com/1255933/best-wines-2023/

Archaeologists uncover elaborate ancient
winery among Roman ruins
https://www.thedrinksbusiness.com/2023/04/archaeologists-uncover-elaborate-ancient-winery-among-roman-ruins/

Oregon State researchers make breakthrough in
   understanding the chemistry of wildfire smoke in wine
https://today.oregonstate.edu/news/oregon-state-researchers-make-breakthrough-understanding-chemistry-wildfire-smoke-wine

[headlines]
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This Day in History

     1761 – The first life insurance policy in North America issued in Philadelphia.  
1798 - Canada: Chippewa cede 28,000 acres in Ontario, including present-day site of Toronto, for 101 British pounds.
1802 - Martha Washington (1731-1802), our first First Lady (the title was not coined until after her death), passed away at Mount Vernon.  By 1799, the number of Martha Washington's "dower" slaves had grown to 153; George Washington owned 124 people, and at least a dozen Washington-owned slaves intermarried. Washington's will stipulated that his own slaves were to be set free after his wife's death so that intermarried families would not be broken up.  In January 1801, Martha freed her husband's slaves, just over a year after his death.   A remarkable woman who was also “first in our hearts of her country.” 
http://memory.loc.gov/ammem/today/may22.html
1803 – The first public library opened, in Connecticut.
1804 - The Lewis and Clark Expedition officially began as the Corps of Discovery departed from St. Charles, Missouri.
1807 - Former Vice-President Aaron Burr was on trial for "assembling an armed force...to seize the city of New Orleans...and to separate the Western from the Atlantic states."  He was later acquitted.
1807 - Townsend Speakman first sold fruit-flavored carbonated drinks, in Philadelphia.
1819 - The SS Savannah left Savannah, GA on a voyage to become the first steamship to cross the Atlantic. The ship arrived at Liverpool, England, on June 20.
1842 - Farmers Lester Howe and Henry Wetsel discovered Howe Caverns when they stumbled upon a large gaping hole in the ground.
1843 - 1,000 men, women, and children climbed aboard their wagons and steered their horses west out of the small town of Elm Grove, Missouri. The train comprised more than 100 wagons with a herd of 5,000 oxen and cattle trailing behind. Dr. Elijah White, a Presbyterian missionary who had made the trip the year before, served as guide. The first section of the Oregon Trail ran through the relatively flat country of the Great Plains. Obstacles were few, though the river crossings could be dangerous for wagons. The danger of Indian attacks was a small but genuine risk. To be on the safe side, the pioneers drew their wagons into a circle at night to create a makeshift stockade. If they feared Indians might raid their livestock (the Plains tribes valued the horses, though generally ignored the oxen) they would drive the animals into the enclosure. Although many neophyte pioneers believed Indians were their greatest threat, they quickly learned that they were more likely to be injured or killed by a host of more mundane causes. Obstacles included accidental discharge of firearms, falling off mules or horses, drowning in river crossings, and disease. After entering the mountains, the trail also became much more difficult, with steep ascents and descents over rocky terrain. The pioneers risked injury from overturned and runaway wagons.
Of the 1,000-person party that made the journey in 1843, the vast majority of pioneers on the trail survived to reach their destination in the fertile, well-watered land of western Oregon. The migration of 1844 was smaller than that of the previous season, but in 1845, it jumped to nearly 3,000. Thereafter, migration on the Oregon Trail was an annual event, although the practice of traveling in giant convoys of wagons gave way to many smaller bands of one or two-dozen wagons. The trail was heavily traveled until 1884, when the Union Pacific constructed a railway along the route.
1844 - Mary Cassatt (1844-1926) was born in Allegheny City, PA.  She was the only U.S. painter to exhibit with the French Impressionists. She is known for her paintings of women and children because, some say, such subject matter did not challenge any male egos and it was the price she had to pay to be accepted into the French Impressionists’ school. In fact, she liked to paint women and children and it enabled her to expand in an un-crowded field. The natural posing of her subjects is still unsurpassed. She resided in France most of her life and in her late 50s, began to have eye problems that forced her to stop painting at age 70. Although often described as a "old maid," her diary reveals love affairs - some with women.
http://www.ibiblio.org/wm/paint/auth/cassatt/ 
http://www.metmuseum.org/explore/cassatt/html/indexl.html 
http://www.boston.com/mfa/cassatt/ 
http://www.artcyclopedia.com/artists/cassatt_mary.html 
http://www.nga.gov/collection/gallery/ggcassattptg
/ggcassattptg-main1.html

1849 – Abraham Lincoln received a patent, the only US president to do so, for a device to lift a boat over shoals and obstructions.
1856 - Southern Congressman Preston Brooks savagely beats Northern Senator Charles Sumner in the halls of Congress as tensions rise over the expansion of slavery. Wielding the cane he used for injuries he incurred in a duel over a political debate in 1840, Brooks entered the Senate chamber and attacked Sumner at his desk, which was bolted to the floor. Sumner's legs were pinned by the desk so he could not escape the savage beating. It was not until other congressmen subdued Brooks that Sumner finally escaped. Brooks became an instant hero in the South and supporters sent him many replacement canes. He was vilified in the North and became a symbol of the stereotypically inflexible, uncompromising representative of the slave power. The incident exemplified the growing hostility between the two camps in the prewar years. Sumner did not return to the Senate for three years while he recovered. 
1861 - The first Union solider killed in the Civil War was Bailey Thornsberry Brown, Company B, 2nd West Virginia Volunteer Infantry. He was engaged in obtaining recruits and ambushed by Confederate pickets at Fetterman, near Grafton, WV. 
http://www.callwva.com/facts/discover.cfm
1863 – The War Department established the Bureau of Colored Troops.  The designation United States Colored Troops replaced the varied state titles that had been given to the African American soldiers.  President Lincoln did not authorize use of African Americans in combat until issuance of the Emancipation Proclamation on January 1, 1863: "And I further declare and make known, that such persons of suitable condition, will be received into the armed service of the United States to garrison forts, positions, stations, and other places, and to man vessels of all sorts in said service."  The bureau was to systematize the process of raising black units and securing officers for them. It also served as a clearinghouse of information on these units. Over the course of the next year, the War Department began to change the names of black commands. Instead of state designations, they became United States Colored Troops and the various units became United States Colored Infantry, Artillery, or Cavalry.  The USCT was disbanded in the fall of 1865. In 1867, the Regular Army was set at ten regiments of cavalry and 45 regiments of infantry. The Army was authorized to raise two regiments of black cavalry and four regiments of black infantry who were mostly drawn from USCT veterans.
1872 – President Grant signed the Amnesty Act into law restoring full civil and political rights to all but about 500 Confederate sympathizers.
1884 – One-armed pitcher Hugh Daily, pitching for the Chicago Browns of the Union Association, fanned 13 hitters. He had lost his left hand to a gun accident earlier in his life. Later, on July 7, he struck out 20, a record that would stand until Tom Cheney of the Washington Senators tied it more than 75 years later.  A right-hander who played six seasons for seven different teams, in 1883 and 1884, he won 20 or more games each season, while finishing in the top ten among league leaders in major pitching categories. Daily established the pitching record for strikeouts in a season (later surpassed), tied a record by tossing two consecutive one-hitters, broke the record for one-hitters in a season, and threw a no-hitter. 
1892 - Birthday of Ralph Peer (1892-1960) in Kansas City, Missouri, the most notable talent scout of the 1920's. Peer, who discovered such artists as Jimmie Rodgers and the Carter Family, was appointed recording director for Okeh Records in 1920. He first began recording blues artists, but when the rival Victor Company scored a hit with Wendell Hall's hillbilly song, "It Ain't Gonna Rain No More," in 1923, he was authorized to organize field recording centers throughout the US South. Peer's first session with Fiddlin' John Carson proved to be a landmark in country music. By 1927, Peer was working for Victor records, and in August of that year assured himself a place in country music history by recording the first sessions of both Jimmie Rodgers and the Carter Family. In 1928, Peer formed the Southern Music Publishing Company, which continues today as the Peer-Southern Organization, a multi-million-dollar concern. 
1900 – The Associated Press organized in NYC as a non-profit news cooperative.
1902 - One of the world's deepest lakes, Crater Lake, in south central Oregon, was first discovered in 1853. In 1885, William Gladstone Steele saw the lake and made it his personal goal to establish the lake and surrounding areas as a national park. His goal was attained 17 years late. The lake partly fills a nearly 2,148-foot-deep caldera that was formed around 7,700 years ago by the collapse of the volcano Mount Mazama. There are no rivers flowing into or out of the lake; the evaporation is compensated for by rain and snowfall at a rate such that the total amount of water is replaced every 250 years. With a depth of 1,949 feet, the lake is the deepest in the United States. In the world, it ranks ninth for maximum depth, and third for mean (average) depth.
http://www.crater-lake.com/picture.htm
http://www.nps.gov/crla/
http://www.drizzle.com/~rdpayne/smithbros/
1902 - Marie Poland Fish’s (d. 1989) birthday, Paterson, NJ.  An ichthyologist, at 21, she discovered where eels laid their eggs, a puzzle that for 2,000 years was one of the great mysteries of science. Eels are a staple food source in much of the world and the discovery enabled the enlargement of the crops. In later years, she was awarded U.S. Navy's Distinguished Public Service Award for her work in oceanography and as a marine biologist. Her inventions enabled the Navy to distinguish between large schools of fish and enemy submarines with sonar.
http://www.gso.uri.edu/fishsounds/Notice.html 
http://www.amazon.com/exec/obidos/ASIN/0801811309/fast-bkasin-20/
002-0667839-4443242

1902 - President Theodore Roosevelt signed a treaty with Mexico under which both countries agreed to submit a long-standing dispute over interest payments to the Court of Arbitration at The Hague
1906 – The Wright Brothers patented an aeroplane.
1906 - A British garrison left Esquimalt, on the Pacific coast, after a military occupation that began in 1858: these were the last British soldiers stationed in Canada.
1910 – Johnny Olson (1910-85), the voice of “The Price is Right,” was born in Windom, MN.
1911 - The temperature at Lewiston, Maine soared to 101 degrees. It was the hottest reading ever recorded in New England during the month of May.
1911 – Boston Braves P Cliff Curtis lost his 23rd game in a row.  His Major League career lasted from 1909 to 1913, during which he never had a winning season. 
1914 - Birthday of Le Sony'r Ra, born Herman Poole Blount (d. 1993) and better known as Sun Ra, in Birmingham, AL.  He was a pioneering and innovative jazz musician whose Avant Garde performances mixed elements of theater with his surreal composition and performance style.   http://www.alamhof.org/sunra.htm 
http://www.furious.com/perfect/sunra.html
1915 – Lassen Peak erupted and is the only mountain, other than Mount St. Helens, to erupt in the continental US during the 20th century.
1924 - Birthday of French singer Charles Aznavour (d. 2018) in Paris.
1928 – Singer Jackie Cain’s (1928-2014) birthday in Milwaukee, WI. 
http://www.fantasyjazz.com/catalog/cain_j_cat.html
http://www.jazzvalley.com/musician/jackie.cain
1928 – T. Boone Pickens’ (d. 2019) birthday in Holdenville, OK.  Pickens chaired the hedge fund BP Capital Management. He was a well-known takeover operator and corporate raider during the 1980s. As of November 2016, Pickens had a net worth of $500 million. 
1930 – With the Babe smacking three long HRs in consecutive at-bats, the Yankees went on to hit a total of 14 in that game.
1930 - Birthday of Harvey Bernard Milk (1930-78), gay rights activist and San Francisco city Supervisor, (early nickname "Glimpy Milch) in Woodmere, Long Island, New York.  He was the first openly gay person to be elected to public office in California when he won a seat on the San Francisco Board of Supervisors in 1977.  Milk served almost 11 months in office and was responsible for passing a stringent gay rights ordinance for the city. On November 27, 1978, Milk and Mayor George Moscone were assassinated by Dan White, another city supervisor who had recently resigned but wanted his job back.
http://www.imdb.com/title/tt1013753/
http://harveymilkstory.com/life.html 
1934 - Birthday of pianist and conductor Peter Nero, born Bernard Nierow in Brooklyn.
1937 - British jazz traditionalist Kenny Ball (d. 2013) was born in Ilford, England. He had a string of hits during what was known as the "Traditional Jazz" (Dixieland) craze in Britain in the early 1960's. "Midnight in Moscow" was Ball's only hit in North America. A similar arrangement of the tune is used by Radio Moscow as its signature on English-language shortwave broadcasts. 
1938 – The Brooklyn Dodgers announced plans to install lights at Ebbets Field.  At the first night game ever held at Ebbets Field, on June 15, 1938, Johnny Vander Meer of the Cincinnati Reds threw his second straight no-hitter, becoming the only man to ever throw consecutive no-hitters in the Majors. 
1942 - The Steel Workers Organizing Committee disbanded and a new trade union, the United Steelworkers, was formed.
1942 – Ted Williams enlisted in the Marines as a flight instructor.  In addition to serving in World War II, Williams was recalled to fly during the Korean War.  He narrowly escaped death when his jet fighter, damaged after a strafing, exploded after landing just seconds after Williams was able to escape.
1942 – The Unabomber, Ted Kaczynski, was born in Evergreen Park, IL.  Between 1978 and 1995, he killed three people and injured 23 others in an attempt to start a revolution by conducting a nationwide bombing campaign targeting people involved with modern technology.  Kaczynski was the subject of the longest and most expensive investigation in the history of the Federal Bureau of Investigation. After his arrest in 1996, Kaczynski tried unsuccessfully to dismiss his court-appointed lawyers because they wanted him to plead insanity in order to avoid the death penalty, whereas he did not believe that he was insane. In 1998, a plea bargain was reached under which he pleaded guilty to all charges and was sentenced to life in prison without possibility of parole.
1943 – The man for whom the surgery is named, Tommy John, was born in Terre Haute, IN.  Often forgotten are the 288 games he won in the Majors, the seventh-most by a lefty in Major League history.  That is more than 32 members of the Baseball of Hall of Fame of which John is not a member.
1945 - Army Major Robert B. Staver recommended that the U.S. evacuate German scientists and engineers to help in the development of rocket technology.
1946 – The first rocket to reach edge of space was fired from White Sands Missile Range, NM.
1947 - Congress approved the Truman Doctrine in order to contain Communism after World War II. It provided for US aid to Greece and Turkey. A corollary of this doctrine was the Marshall Plan, which began sending aid to war-torn European countries in 1948.
1950 - Pop lyricist Bernie Taupin was born in Sleaford, England. Taupin has been closely linked throughout his career with rock star Elton John, and for most of the 1970's the two were a virtual hit factory, putting 23 singles in the Billboard Top 40, including five that made number one. Among the chart-toppers were "Crocodile Rock" and "Bennie and the Jets."
1950 - Top Hits
“My Foolish Heart” - The Gordon Jenkins Orchestra (vocal: Eileen Wilson)
“Bewitched” - The Bill Snyder Orchestra
“If I Knew You Were Comin' I'd've Baked a Cake” - Eileen Barton
“Birmingham Bounce” - Red Foley
1952 - San Francisco's first Jazz Festival on Sunday Evening will be headlined by Louis Armstrong and his troupe. Also on the program are the Dave Brubeck Quartet, Anita O'Day and the Four Freshman. 
1953 - Charlie Parker begins the recording session that produced some of his unforgettable albums with strings and voices. This day he cut “Old Folks,” “If I Love Again,” and “In the Still of the Night.” He was a jazz genius and performer. The background may sound “tinny” due to the recording abilities in those days, but Parker's alto saxophone solos shine through today with brilliance and his melodies are quite apparent, something questioned in 1953. I listen to this album quite often and have never been bored hearing it again. In fact, it is really a classic, as each time I play it, I swear it is better and I hear something I did not before.
http://www.cmgww.com/music/parker/ 
http://www.kcpl.lib.mo.us/sc/bio/parker.htm
http://www.amazon.com/exec/obidos/ASIN/B0000046WK/inktomi-musicasin-20/
104-5094193-3483111

1955 – Comedian Jack Benny signed off his last live network radio broadcast after a run of 23 years. Joining Milton Berle and his best friend George Burns, his television shows became as popular as his radio shows, as he brought along with him his announcer Don Wilson; bandleader Phil Harris; Eddie ‘Rochester' Anderson; singer Dennis Day; and his wife, Mary Livingstone.
http://www.liketelevision.com/web1/classictv/jbenny/jbenny2.html
1955 - Police in Bridgeport, Connecticut cancel a dance at the Ritz ballroom featuring Fats Domino. Authorities say the cancellation is because they discovered that "Rock and Roll dances might be featured" and justify their action by citing "a recent near riot at the New Haven Arena" where Rock and Roll dances were held. 
1956 – The last “Bob Hope Show” aired on NBC.
1958 - Jerry Lee Lewis arrives at London's Heathrow Airport to begin his first British tour, along with his new bride, 14-year-old third cousin, Myra. Although advised not to mention it, Lewis answers all questions about his private life, truthfully. The public's shock over Lewis' marriage marks the start of a controversy which eventually ruins his career. The London Morning Star runs an editorial calling Lewis "an undesirable alien" and calls for his deportation, leading to his British tour being cancelled after just 3 of the scheduled 37 performances.  
1958 - Top Hits
“All I Have to Do is Dream” - The Everly Brothers
“Return to Me” - Dean Martin
“Johnny B. Goode” - Chuck Berry
“Just Married” - Marty Robbins
1959 - Benjamin O. Davis, Jr., became the first African-American major general in US Air Force.
1960 - Virtually all coastal towns between the 37th and 44th parallels were severely damaged by a tsunami that struck Hilo, Hawaii.
1961 - The first revolving restaurant was dedicated, The Top of the Needle, located at the 500-foot level of the 500-foot-high steel and glass tower at the Century 21 exposition, Seattle, WA. It contained 260 seats and revolved 360 degrees in an hour. Above the restaurant was an observation deck and above that, a beacon. It was designed by John Graham and Company.  http://www.spaceneedle.com/  Today, there is the Space Needle, privately owned and operated.
1962 – The Yankees’ Roger Maris walked five times, four intentionally.
1963 - Mickey Mantle of the New York Yankees hit a home run off Bill Fisher of the Kansas City Athletics as the Yankees beat the A's, 8-7. Mantle's blast caromed off the rooftop facade at Yankee Stadium and came within a few feet of becoming the only homerun ever hit out of that park.  Teammates and fans claimed the ball was still rising when it hit the 110-foot high facade, then caromed back onto the playing field.  This was but one of three hit off the façade by Mantle in his career, the closest anyone has ever come to hitting one out of Yankee Stadium.
1964 – President Lyndon Johnson announced the goals of his Great Society social reforms to bring an "end to poverty and racial injustice" in America. 
1965 - The Beatles attained their eighth Billboard number one hit with "Ticket to Ride," on which Paul McCartney, not George Harrison, played lead guitar. 
1965 - Jackie DeShannon released "What the World Needs Now Is Love."
1966 - Bruce Springsteen and his band, the Castiles, recorded two songs co-written by Springsteen. The recordings, Springsteen's first, were never released. He and the Castiles did, however, perform several dates at New York's Cafe the following year.
1966 - Top Hits
“Monday Monday” - The Mamas & The Papas
“Rainy Day Women #12 & 35” - Bob Dylan
“When a Man Loves a Woman” - Percy Sledge
“Distant Drums” - Jim Reeves
1967 - Premiere of “Mr. Rogers” on TV. “Won't You Be My Neighbor?” Presbyterian minister, Fred Rogers, hosted this long-running PBS children's program Puppets and human characters interacted in the neighborhood of make-believe. Rogers played the voices of many of the puppets and educated young viewers on a variety of important subjects.  The last episodes of the program were filmed in 2001. Almost 2,000 episodes were produced over the show's history.
http://www.misterrogers.org/
1967 - Florence Ballard made what would be her last appearance with the Supremes, performing "The Happening" on tonight's episode of NBC-TV's “Tonight Show.”  A founding member of the Supremes, she sang on 16 top 40 singles with the group, including ten number-one hits. Ballard struggled with alcoholism, depression, and poverty for three years. She was making an attempt at a musical comeback when she died of a heart attack in February 1976 at the age of 32.  Ballard's death was considered by one critic as "one of rock’s greatest tragedies." Ballard was posthumously inducted into the Rock and Roll Hall of Fame as a member of the Supremes in 1988.
    1968 – The nuclear-powered submarine USS Scorpion sunk with 99 men aboard 400 miles southwest of the Azores.
1970 - The “Guess Who” from the Winnipeg, Canada area earned a gold record for both the album and single, "American Woman." It would be one of three million-seller awards for the group. Their other hits included, "These Eyes," "Laughing" and "No Sugar Tonight." The group, which dates back to 1963, disbanded in 1975, with several reunions since then. 
http://www.canadianbands.com/btopage.html
http://home.golden.net/~flasher/
1972 - President Richard Nixon became the first American president to visit Moscow. Four days later, on May 26, Nixon and Soviet leader Leonid Brezhnev signed a treaty on antiballistic missile systems and an interim agreement on limitation of strategic missiles.
1972 - No. 1 Billboard Pop Hit: "Oh Girl," Chi-Lites.
1974 - President Nixon confessed his role in the Watergate cover-up. 
1974 - Top Hits
“The Streak” - Ray Stevens
“Dancing Machine” - The Jackson 5
“The Entertainer” - Marvin Hamlisch
“Country Bumpkin” - Cal Smith
1977 - Janet Guthrie became the first woman driver to qualify for the Indianapolis 500 with an average speed of more than 188 miles per hour. She lasted only 27 laps in the race, dropping out when her car broke a valve seal.
1979 - Cheap Trick's "Live at Budokan" LP was certified gold in the US. It eventually sold more than one-million copies, delaying the release of the follow-up album, "Dream Police." 
1980 – The highly popular video game “Pac-Man” was released by Namco.
1982 - Top Hits
“Ebony and Ivory” - Paul McCartney with Stevie Wonder
“Don't Talk to Strangers” - Rick Springfield
“I've Never Been to Me” - Charlene
“Just to Satisfy You” - Waylon & Willie
1985 – Pete Rose scored his 2,108th run and passed Hank Aaron as the NL run scoring leader
1985 - “Fortune” Magazine named Sears, Roebuck as the nation's largest retailer for the 21st year in a row.
1985 - No. 1 Billboard Pop Hit: "Everything She Wants," Wham!
1985 - "A View to a Kill," the 14th James Bond film and the last to star Roger Moore, also starring Grace Jones and Christopher Walken (…more cow bells, I need more cow bells!!!), premiered in San Francisco.
1987 - A powerful F4 tornado obliterated the small southwest Texas community of Saragosa, destroying 85 percent of the structures in the town. The tornado claimed 30 lives and injured 121 others in the town of only 183. The twister hurled trucks and automobiles through adobe and wood-frame homes with some blown over 500 feet. Many of the victims were parents or grandparents of children who died sheltering them from flying debris during a ceremony for head start for four-year-olds.
1989 - Nearly 30 years after the "payola" law destroys the career of DJ Alan Freed, it's finally used to convict someone in the record industry: promo man Ralph Tashjian is found guilty of distributing cocaine and money to radio stations to get more airplay for, among others, Bruce Springsteen.
1990 - The Cincinnati Reds intentionally walked outfielder Andre Dawson of the Chicago Cubs a record five times in a 16-inning game. Dawson's five free passes broke the record held by Roger Maris and Garry Templeton. 
1990 - Microsoft unveiled Windows 3.0 at gala events in twenty cities around the world, linked by satellite to a theater in New York City. The show featured a speech by Bill Gates, as well as laser lights, videos, and surround sound. Microsoft spent $10 million publicizing the new release in what was generally regarded as the most expensive software introduction to date. While PIK, IBM, Apple and others tried to promote their operating system, even with 12 floppy disks, Microsoft sold three million copies of Windows 3.0 as it was quite “user friendly.”
1990 - Top Hits
“Vogue” - Madonna
“All I Wanna Do is Make Love to You” - Heart
“Hold On” - Wilson Phillips
“Walkin' Away” - Clint Black
1991 – NFL owners agreed to add two teams – the Carolina Panthers and the Jacksonville Jaguars - to begin play in 1995.
1992 - After almost 30 years as host of the "Tonight" show, Johnny Carson hosted his last show. The show began as a local New York program on Dumont that was purchased by NBC, and Steve Allen was the first host of the network show. Carson became host on October 1, 1962, taking over from Jack Paar, with side kick Ed McMahon and Doc Severinsen, longtime band leader. In a split with the network, David Letterman went to CBS as Jay Leno was chosen to take over the spot.  “The Tonight Show Starring Johnny Carson” was ranked No. 12 on TV Guide’s 50 Greatest TV Shows of All Time and, in 2013, it was ranked No. 22 on their list of 60 Best Series. 
1992 - Replacing Tom Runnells, Felipe Alou is named as the manager of the Montreal Expos. The eventual second-place Montreal club is 17-20 at the time.
1993 - The first movie was broadcast on the Internet by its director David Blair. It was his cult science-fiction film “Wax: Or the Discovery of Television Among the Bees.” Blair uploaded the film in digital video format for viewing world-wide.
http://www.thekitchen.org/MovieCatalog/Titles/Wax.html
http://www.rc3.org/archive/inform/4/9.html
http://www.amazon.com/exec/obidos/ASIN/630303165X/inktomi-videoasin-20/
104-5094193-3483111 

http://fusionanomaly.net/waxorthediscoveryoftelevisionamongthebees.html
1996 - Garth Brooks celebrated his 60-millionth album sold with a 1960s theme party in Nashville. The Recording Industry Association of America said Brooks was the best-selling country artist of all-time and the second-highest selling artist ever in the US. Only the Beatles had sold more. Third place belongs to Billy Joel, who has not released a new song in a decade.
1997 - The hit-making Fleetwood Mac lineup of Mick Fleetwood, John McVie, Christine McVie, Lindsey Buckingham and Stevie Nicks reunited for their first full-fledged public performance in 15 years. The show, on a soundstage at Warner Brothers studio in Burbank, California, was one of two taped for an MTV special and a live album. Nicks stopped the concert - twice - because she forgot the words to "Dreams," Fleetwood Mac's only number-one single.
1998 - A federal judge ruled that United States Secret Service agents can be compelled to testify before a grand jury concerning the Lewinsky scandal involving President Bill Clinton.
2000 - At the ASCAP Pop Music Awards, Steely Dan receives the lifetime songwriting achievement Founders Award.
2001 - For the second time this season, Barry Bonds homers in six consecutive games. His nine homers during this span established a National League mark. Senators' slugger Frank Howard's 1968 feat of hitting 10 homers in six games is the Major League record.
2002 – In Washington, DC, the remains of the missing Chandra Levy were found in Rock Creek Park but were too decomposed to shed any light on her death.
2002 - A jury in Birmingham, Alabama, convicted former Ku Klux Klan member Bobby Frank Cherry of the 1963 murders of four girls in the bombing of the 16th Street Baptist Church.
2003 – Annika Sorenstam became the first woman to play the PGA Tour in 58 years.    
2003 - Arturo Moreno purchases the World Champion LA Angels from Walt Disney for $184 million to become the third owner in the 43-year history of the franchise. The 56-year-old outdoor advertising tycoon, who is a fourth-generation Mexican-American, is the first Hispanic to have a controlling interest in a Major League club.
2004 - Hallam, Nebraska was wiped out by a powerful F4 tornado that broke a width record at an astounding 2.5 miles wide. It also killed one local resident.
2011 - An F5 Tornado struck Joplin, Missouri, killing at least 158 people, the single deadliest US tornado since modern record keeping began in 1950.
2012 - Yahoo! sold its stake in Alibaba Group for $7.1 billion.
2013 - Ibragim Todashev, a suspect under FBI questioning in Orlando, Florida, for his connections to the April, 2013 Boston Marathon bombing, was shot dead after attacking an agent during the course of questioning.  He had allegedly attacked the agent, with a pipe or stick, while writing a statement about the Boston Marathon bombings and a triple homicide in Waltham, MA, on September 11, 2011. The investigators involved in the incident said that Todashev had implicated both himself and Tamerlan Tsarnaev in the Waltham murders before he was killed.

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