On this day
Revisit the music, news, notable people, and historical moments connected to this date.
Portrait 1080 × 1920 PNG · created on your device
LEAD: Moody's Investors Service downgraded more than $12 billion in debt of Merrill Lynch & Company yesterday, one day after the firm announced that the full cost of its reorganization effort begun last November would be $470 million.
LEAD: The Federal Government's first auction of 40-year bonds since the mid-1950's went poorly yesterday, as investors demanded higher-than-expected interest rates on $5 billion worth of bonds issued by the Resolution Funding Corporation that will be used to finance the bailout of insolvent savings institutions.
LEAD: Gov. Jim Florio's plan to reduce auto-insurance premiums raises two big questions for politicians and drivers. Are insurance companies to be blamed for the high rates? And will the industry foot the bill for lower ones?
LEAD: Corporations are increasingly wrestling with their employees to claim frequent-flier bonuses from airlines as travel costs soar and the economy slows.
LEAD: Cool Welcome for Bonds The Government's first auction of 40-year bonds since 1955 went poorly, as investors demanded interest rates that will cost the U.S. at least $200 million more than expected. Page D1. Bush Acts on Legal Services In an effort to end the bitter battles that have long brought disarray to the agency overseeing legal problems for the poor, President Bush has chosen a new board of directors.
Music on My Birthday
The Top 50 albums for the chart week of January 24, 1990, covering January 24, 1990.
Phil Collins
Paula Abdul
Milli Vanilli
Billy Joel
Janet Jackson
1990Mao Abe, Japanese singer-songwriter and guitarist[†]
Mao Abe is a Japanese singer-songwriter.
1990Madge Bellamy, American actress (born 1899)[†]
Madge Bellamy was an American stage and film actress. She was a popular leading lady in the 1920s and early 1930s. Bellamy's career declined in the sound era and ended following a romantic scandal in the 1940s.
1990Japan launches Hiten, the country's first lunar probe, the first robotic lunar probe since the Soviet Union's Luna 24 in 1976, and the first lunar probe launched by a country other than Soviet Union or the United States.[†]
The Hiten spacecraft, given the English name Celestial Maiden and known before launch as MUSES-A, part of the MUSES Program, was built by the Institute of Space and Astronautical Science of Japan and launched on January 24, 1990. It was Japan's first lunar probe, the first robotic lunar probe since the Soviet Union's Luna 24 in 1976, and the first lunar probe launched by a country other than the Soviet Union or the United States. The spacecraft was named after flying heavenly beings in Buddhism.
In 1990, the world population was approximately 5,327,803,110 people[†]