Latest news with #AaronBurr
Chicago Tribune
5 days ago
- General
- Chicago Tribune
Today in History: Aaron Burr shoots Alexander Hamilton in duel
Today is Friday, July 11, the 192nd day of 2024. There are 173 days left in the year. Today in History: On July 11, 1804, Vice President Aaron Burr mortally wounded former Treasury Secretary Alexander Hamilton during a pistol duel in Weehawken, New Jersey. (Hamilton died the next day.) Also on this date: In 1798, the U.S. Marine Corps was formally re-established by a congressional act that also created the U.S. Marine Band. In 1859, Big Ben, the great bell inside the famous London clock tower, chimed for the first time. In 1864, Confederate forces led by Gen. Jubal Early began an abortive invasion of Washington, D.C., and his raid was turned back the next day. In 1914, Babe Ruth made his Major League baseball debut, pitching the Boston Red Sox to a 4-3 victory over Cleveland. In 1921, fighting in the Irish War of Independence ended with a truce. In 1960, Harper Lee's novel 'To Kill a Mockingbird' was published. In 1972, the World Chess Championship opened as grandmasters Bobby Fischer of the United States and defending champion Boris Spassky of the Soviet Union began play in Reykjavik, Iceland. (Fischer won after 21 games.) In 1979, the abandoned U.S. space station Skylab made a spectacular return to Earth, burning up in the atmosphere and showering debris over the Indian Ocean and Australia. In 1991, a Nigeria Airways DC-8 carrying Muslim pilgrims crashed at the Jiddah, Saudi Arabia, international airport, killing all 261 people on board. In 1995, the U.N.-designated 'safe haven' of Srebrenica in Bosnia-Herzegovina fell to Bosnian Serb forces, who subsequently carried out the killings of more than 8,000 Muslim men and boys. In 2006, eight bombs hit a commuter rail network during evening rush hour in Mumbai, India, killing more than 200 people. In 2022, President Joe Biden revealed the first image from NASA's new space telescope, the farthest humanity had ever seen in both time and distance, closer to the dawn of the universe and the edge of the cosmos. Today's Birthdays: Fashion designer Giorgio Armani is 91. Actor Susan Seaforth Hayes is 82. Actor Bruce McGill is 75. Actor Stephen Lang is 73. Actor Mindy Sterling is 72. Actor Sela Ward is 69. Reggae singer Michael Rose (Black Uhuru) is 68. Singer Peter Murphy (Bauhaus) is 68. Actor Mark Lester is 67. Saxophonist Kirk Whalum is 67. Singer Suzanne Vega is 66. Rock guitarist Richie Sambora (Bon Jovi) is 66. Actor Lisa Rinna is 62. Author Jhumpa Lahiri is 58. Wildlife expert Jeff Corwin is 58. Actor Justin Chambers (TV: 'Grey's Anatomy') is 55. Actor Michael Rosenbaum (TV: 'Smallville') is 53. Rapper Lil' Kim is 51. Pro Football Hall of Famer Andre Johnson is 44. Pop-jazz singer-musician Peter Cincotti is 42. Actor Serinda Swan is 41. Actor David Henrie is 36. Actor Connor Paolo is 35. R&B/pop singer Alessia Cara is 29.
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First Post
5 days ago
- First Post
History Today: When Mumbai was rocked by serial train bombings
Terror hit Mumbai on July 11, 2006, after a series of coordinated blasts were carried out on the city's local trains during rush hour. The 11 horrific minutes of chaos and carnage left nearly 200 dead and over 800 injured. Also, on this day in 1804, the famed Burr-Hamilton duel took place read more Mumbai was thrown completely in uproar after the local trains, known as the lifeline of the city on which millions rely on every day, came under attack on July 11, 2006. One of the most shocking and horrific incidents in India's history occurred on this day in 2006. Terror hit Mumbai yet again after a series of coordinated blasts were carried out on the city's local trains during rush hour. The 11 horrific minutes of chaos and carnage left nearly 200 dead and over 800 injured. If you are a history geek who loves to learn about important events from the past, Firstpost Explainers' ongoing series, History Today, will be your one-stop destination to explore key events. STORY CONTINUES BELOW THIS AD Also, on this day in 1804, the famed Burr-Hamilton duel took place. Here are some of the historical events that occurred on this day. Chaos, carnage and bloodshed in Mumbai Eleven minutes of sheer terror. Seven explosions. Mumbai was thrown completely in uproar after the local trains, known as the lifeline of the city on which millions rely on every day, came under attack. The bombs were placed in the first-class compartments of trains leaving Churchgate. The first blasts occurred at Bandra and Mahim stations around 6.20 pm. Everyone held their breath as memories of past attacks in 1993 and 2003 came flooding back. Then, five more explosions on different trains. The authorities revealed that bombs were made of RDX and ammonium nitrate. Mumbai's local trains are known as the city's lifeline. The IEDs were placed in pressure cookers to maximise the blast impact and were detonated using quartz timers. They pointed the finger at the Students' Islamic Movement of India – backed by Pakistan and its powerful Inter-Services Intelligence. The trial took eight years. Over 200 witnesses were called. In the end, a dozen men were found guilty of waging war against the nation, conspiracy and murder, while one was acquitted. Aaron Burr slays Alexander Hamilton in famed duel Before Alexander Hamilton gained renewed fame as a result of the award-winning musical show by Lin-Manuel Miranda, the political figure was perhaps most famous for his notorious duel with Aaron Burr. Which is a shame given that Hamilton was one of the greatest thinkers of his time and one of the original Founding Fathers of America. STORY CONTINUES BELOW THIS AD While the two men were old-time political rivals, no one had thought it would come to this. After all, Burr was the sitting Vice-President of the United States. Hamilton, who was a major author of the Federalist papers, was himself was a famous and towering figure at the time. The duel was over some allegedly disparaging remarks that Hamilton had made about Burr during a dinner. It was Burr who challenged Hamilton in the 'affair of honour' – the parlance for duelling at the time. Portrait of US Founding Father Alexander Hamilton. Image courtesy: While most such challenges ended with negotiations and compromise, this time the bitterness had gone too far. The fact that duelling had been outlawed didn't stay the hand of either man. Nor did it stop a sitting New York judge William P Van Ness from acting as Burr's second. What happened next has been mired in confusion and lost to history. Hamilton either shot his pistol into the sky on purpose or took aim at Burr and missed. STORY CONTINUES BELOW THIS AD Burr fired back – hitting Hamilton in the abdomen. Hamilton was taken back to New York – where he spent 31 agonising hours with his family before he died. Burr initially fled, but was later indicted. Ultimately, all charges against him were later dropped. Hamilton died, but his policies remain influential on the United States till this day. Burr, on the other hand, became a political pariah. To Kill a Mockingbird is published The literary classic To Kill a Mockingbird by Harper Lee was published on this day in 1960. Lee's story, set during the Great Depression in the small fictional town of Maycomb Alabama, told the tale of Jean Louise Finch and her father Atticus, a prominent lawyer. While Atticus was based on Lee's father, another character in the novel was based on Lee's friend and writer Truman Capote. Capote, incidentally, would himself be hailed for pioneering the true-crime literary genre with his novel In Cold Blood. Mockingbird deals with the story of a black man being falsely accused of raping a white woman and Atticus' defence of the man. The literary classic To Kill a Mockingbird by Harper Lee was published on this day in 1960. The book was a sensation – selling over 30 million copies across the world and be translated into over 40 languages. STORY CONTINUES BELOW THIS AD Lee would be awarded the Pulitzer Prize for her work. The novel was famously adapted into a 1962 movie of the same name starring Gregory Peck as Atticus. Peck would win the Academy Award for his performance and become hailed as an indelible part of film history. This Day, That year 1914: Babe Ruth plays his first Major League Baseball for the Boston Red Sox. It would spark off a glittering career in which Ruth would rewrite all baseball records at the time. 1989: Sir Laurence Olivier, perhaps the greatest English thespian in the 20th Century and the only one who could challenge Marlon Brando's claim to be the world's best actor, passed away near London.
Yahoo
03-07-2025
- Business
- Yahoo
2 Reasons to Like JPM and 1 to Stay Skeptical
Since July 2020, the S&P 500 has delivered a total return of 95.7%. But one standout stock has more than doubled the market - over the past five years, JPMorgan Chase has surged 208% to $292.13 per share. Its momentum hasn't stopped as it's also gained 20.1% in the last six months thanks to its solid quarterly results, beating the S&P by 15.2%. Is now still a good time to buy JPM? Or are investors being too optimistic? Find out in our full research report, it's free. Tracing its roots back to 1799 when its earliest predecessor was founded by Aaron Burr, JPMorgan Chase (NYSE:JPM) is a leading financial services company offering investment banking, consumer banking, commercial banking, and asset management services globally. Markets consistently prioritize net interest income growth over fee-based revenue, recognizing its superior quality and recurring nature compared to the more unpredictable non-interest income streams. JPMorgan Chase's net interest income has grown at a 15% annualized rate over the last four years, better than the broader bank industry. Its growth was driven by both an increase in its outstanding loans and net interest margin, which represents how much a bank earns in relation to its outstanding loan book. Analyzing the long-term change in earnings per share (EPS) shows whether a company's incremental sales were profitable – for example, revenue could be inflated through excessive spending on advertising and promotions. JPMorgan Chase's EPS grew at an astounding 11.9% compounded annual growth rate over the last five years, higher than its 9.7% annualized revenue growth. This tells us the company became more profitable on a per-share basis as it expanded. Topline growth is certainly important, but the overall profitability of this growth matters for the bottom line. For banks, we look at efficiency ratio, which is non-interest expense (salaries, rent, IT, marketing, excluding interest paid out to depositors) as a percentage of total revenue. Markets understand that a bank's expense base depends on its revenue mix and what mostly drives share price performance is the change in this ratio, rather than its absolute value. It's somewhat counterintuitive, but a lower efficiency ratio is better. For the next 12 months, Wall Street expects JPMorgan Chase to become less profitable as it anticipates an efficiency ratio of 54.6% compared to 50% over the past year. JPMorgan Chase's merits more than compensate for its flaws, and with its shares topping the market in recent months, the stock trades at 2.3× forward P/B (or $292.13 per share). Is now a good time to buy? See for yourself in our comprehensive research report, it's free. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today.
Yahoo
17-06-2025
- Business
- Yahoo
AmEx Platinum, Chase Sapphire Reserve Battle for Points in Upgrade Grudge Match
Aaron Burr vs. Alexander Hamilton, Optimus Prime vs. Megatron and … AmEx Platinum vs. Chase Sapphire Reserve. The two luxury credit card rivals are going tit-for-tat, with Chase and American Express each announcing overhauls of their cards' perks and appearances. American Express said yesterday it'll roll out 'major updates' to its Platinum credit cards this fall, days after JPMorgan Chase announced a refresh to its Sapphire Reserve credit card set to roll out this summer. The two cards both have steep annual fees that put them in direct competition for a spot in consumers' wallets, and the upcoming updates could shift which one gets thrown down the most at group dinners. READ ALSO: US Flexes Golden Share in Nippon Merger With US Steel and At Paris Air Show, eVTOL Industry Preps for Takeoff American Express launched its Platinum card in 1984, trailblazing the premium, points-based credit card market. Chase crashed the party in 2016 with the Sapphire Reserve card, which went viral for its 100,000-point signup bonus. Last year, Chase was the top credit card issuer, according to Nilson, with $1.3 trillion worth of purchase volume. American Express came in second with purchases totaling $1.2 trillion. Citi, Capital One and Bank of America were distant runners-up. Chase and American Express are jostling for the top spot while offering similar, travel-focused perks. One place the wallet wars are playing out is at the airport: American Express has dozens of 'Centurion' lounges around the world, but as complaints about overcrowding have cropped up, jetsetters have sought alternatives for their pre-flight beer and nap. Chase opened its first Sapphire Reserve lounge two years ago and now has eight clubs up and running. Capital One, whose Venture X Rewards card competes for the same customers, has opened five lounges since 2021. Maxed Out: Americans have about four credit cards on average, per Experian, and credit card debt is still near record highs after cooling off slightly in the first quarter (typical post-holiday pullback). But wallet space is limited when fees are $500+ per card. The Platinum card costs $695 annually, while the Sapphire Reserve rings in at $550. When issuers roll out their card refreshes, it's possible they'll raise prices again. Figuring out how much people are willing to pay for which perks could help one card get a swipe above the competition. This post first appeared on The Daily Upside. To receive delivering razor sharp analysis and perspective on all things finance, economics, and markets, subscribe to our free The Daily Upside newsletter. Sign in to access your portfolio
Yahoo
06-05-2025
- Entertainment
- Yahoo
Vibe Tours Launches Groundbreaking Hamilton Experience That Will Make Broadway Fans Sing in the Streets
New York, New York--(Newsfile Corp. - May 6, 2025) - Vibe Tours, New York City's premier storytelling tour company, announced today the launch of their revolutionary Hamilton-themed tour that promises to transform how tourists experience the Big Apple's rich history. Unlike traditional "factslinging" tours that bore visitors with endless dates and figures, this immersive experience correlates lyrics from Lin-Manuel Miranda's blockbuster musical with the actual streets where Alexander Hamilton and his contemporaries once walked. Vibe Tours To view an enhanced version of this graphic, please visit: The new tour, scheduled to begin next month, takes visitors beyond the typical historical landmarks, diving deep into the scandalous lives of America's founding fathers. Guests will not only learn about Hamilton but will also discover the hidden stories of Aaron Burr, Thomas Jefferson, Eliza Hamilton, and other characters from the hit musical. "We're not your grandmother's tour company," declares the founder of Vibe Tours. "While other companies are pointing at buildings and reciting Wikipedia entries, we're bringing these historical figures to life through their scandals, secrets, and the songs that made them famous again. Our guests have literally broken into spontaneous song during tours." The company's approach has already created viral moments on the streets of Manhattan. During one recent tour, a school choir group erupted into "The Schuyler Sisters" in the middle of the Financial District, causing passersby to stop, listen, and eventually join in. "It was the greatest tour of my life," recalls the guide who witnessed the impromptu performance. "These kids were so wildly talented, and suddenly the whole street was participating. That's the difference between reading about history and actually feeling it." The Hamilton tour reveals shocking historical gems that traditional tours would never touch, including the fact that Hamilton founded the New York Post and would likely have been a Page Six regular in today's world. Visitors will also learn that Hamilton's fatal duel with Aaron Burr wasn't his first brush with this dangerous practice. Another juicy tidbit covered on the tour involves Revolutionary War hero Hercules Mulligan, whose complex life included being both a slave owner and a founder of the New York Manumission Society, which advocated for abolition - the kind of contradiction that makes history fascinating but rarely makes it into standard tours.
