The Brands With Billion-Dollar Names
LEAD: In the supermarket, everyday products like Velveeta and Oreos sell for a few dollars or less. In the frantic market where companies are bought and sold, those products are worth billions.
On this day
Revisit the music, news, notable people, and historical moments connected to this date.
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LEAD: In the supermarket, everyday products like Velveeta and Oreos sell for a few dollars or less. In the frantic market where companies are bought and sold, those products are worth billions.
LEAD: Mikhail S. Gorbachev's closest Kremlin associate says the Soviet republics of Estonia, Latvia and Lithuania will not be allowed to print their own currency, conduct their own diplomacy or expect to take any other major steps toward independence.
LEAD: A French company's decision to suspend distribution of an abortion-inducing drug caused a furor here today at a congress of the main international body of gynecologists and obstetricians.
LEAD: Now hear this. Now hear this, all juveniles 18 years old and younger in this pleasant North Shore village. On Halloween eve and Halloween, Oct. 30th and Oct. 31st, between the hours of 7 P.M. and 6 A.M., you will be outlawed from all public places and private property in the village, except your own house or a friend's, unless you are accompanied by your mom or dad, or have a permission slip signed by your mom or dad.
LEAD: The Soviet Finance Minister said today that the Soviet Union has been running large budget deficits for years and predicted that this year the deficit would amount to the official equivalent of $58 billion. It was the first time that the Government had made public this indicator of its economic distress.
Music on My Birthday
The Top 50 albums for the chart week of October 26, 1988, covering October 28, 1988.
Bon Jovi
Guns N' Roses
Soundtrack
Def Leppard
Bobby McFerrin

1988Edd Gould, English cartoonist and animator (died 2012)[†]
Edward Duncan Ernest "Edd" Gould was a British animator, artist, and voice actor. He created Eddsworld, a media franchise consisting of flash animations and web comics featuring fictionalised versions of himself and longtime collaborators Tom Ridgewell, Matt Hargreaves, Tord Larsson and others. After Gould's death in 2012, production of Eddsworld was passed on to Ridgewell who directed a run of further episodes under the title of Eddsworld: Legacy. Following Ridgewell's departure from the series in 2016, it was passed to Hargreaves and Gould's family, returning in 2020 as Eddsworld Beyond.
1988Devon Murray, Irish actor[†]
Devon Michael Murray is an Irish actor, best known for playing Seamus Finnigan in the Harry Potter film series.
1988Jamie xx, English musician, DJ, record producer and remixer[†]
James Thomas Smith, known professionally as Jamie xx, is an English musician, DJ, record producer, and remixer. He is known for both his solo work and as a member of the indie pop band the xx.
In 1988, the world population was approximately 5,141,992,542 people[†]