On this day

July 10, 1997

Revisit the news, notable people, and historical moments connected to this date.

Historical Context for July 10, 1997

In 1997, the world population was approximately 5,924,787,816 people[†]

Historical Events

DNA

1997In London, scientists report the findings of the DNA analysis of a Neanderthal skeleton which supports the "out of Africa theory" of human evolution, placing an "African Eve" at 100,000 to 200,000 years ago.[†]

Deoxyribonucleic acid is a polymer composed of two polynucleotide chains that coil around each other to form a double helix. The polymer carries genetic instructions for the development, functioning, growth and reproduction of all known organisms and many viruses. DNA and ribonucleic acid (RNA) are nucleic acids. Alongside proteins, lipids and complex carbohydrates (polysaccharides), nucleic acids are one of the four major types of macromolecules that are essential for all known forms of life.

Miguel Ángel Blanco

1997Miguel Ángel Blanco, a member of Partido Popular (Spain), is kidnapped (and later murdered) in the Basque city of Ermua by ETA members, sparking widespread protests.[†]

Miguel Ángel Blanco Garrido was a Spanish economist and municipal politician and a member of the People's Party, in Ermua, the Basque Country. He was kidnapped and murdered by the Basque separatist group ETA.

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Headlines from July 10, 1997

Nevada Hits Tyson With Fine and Loss Of Boxing License

By Tom Friend

Nevada Athletic Commission revokes Mike Tyson's boxing license and fines him $3 million for biting Evander Holyfield's ears in heavyweight title fight; Tyson can seek reinstatement in year and annually after that, if refused; other states are expected to follow ban; Tyson does not plan appeal; panel members note his failure to attend hearing (M)

Sports Desk1260 words

Deal on Making Ratings for TV Specify Content

By Lawrie Mifflin

Television industry and family advocacy groups agree on expanding industry's six-month-old ratings system to include code letters for violence, sexual content and foul language; Sen John McCain, Rep Edward J Markey and other members of Congress with direct influence over telecommunications law helped spur accord with unusual pledge not to promote law about television content, scheduling or ratings for three years; NBC refuses to add code letters; sees pressure on industry as form of Government coercion that could lead to censorship (M)

National Desk792 words

South African Currency and Growth Rate Are at Risk

By Donald G. McNeil Jr

Decline in gold prices over last few months--and plunge last week to 12-year low--have alarmed many in South Africa, where gold remains keystone of business and the economy; with commodity price of gold in $320-an-ounce range, index of gold-mining shares on Johannesburg Stock Exchange is down roughly 38 percent so far this year; plunge in gold could shake confidence in South Africa's currency, the rand, which has held steady at 4.55 to the dollar; layoffs could undermine confidence in Pres Nelson Mandela's Government, which has promised its constituents jobs, housing, and larger share of national wealth; tables; photo (L)

Business/Financial Desk1478 words

Two Financiers To Form No. 1 Investment Bank in Russia

By Michael R. Gordon

Boris Jordan, American who founded Renaissance Capital, and Vladimir O Potanin, former head of Uneximbank, have joined forces to establish Russia's largest investment bank; new company will merge Renaissance Capital Group with International Company for Finance and Investment, which is now Russia's fifth-largest bank; announcement of merger is important sign for Russia's leaders that at least some Russian bankers believe there is real money to be made by investing at home (M)

Business/Financial Desk816 words

Boom vs. Bungalow In Seaside

By Julie V. Iovine

Building boom in Seaside, picturesque resort development in Florida panhandle, threatens to wrench community's intentionally homey style out of whack; large new houses are dwarfing humble shacklike forebears, much to displeasure of many old-timers; photos (M)

Home Desk1213 words

Manhattan, Where Palms Sway as Brokers Sweat

By Frank Bruni

World Financial Center, Manhattan, is replacing desert palms planted in its glass atrium in 1980's with new trees; trees have greatly shortened life span in alien environment; new trees were found in Arizona and brought first to Florida for acclimatization; photos (M)

Metropolitan Desk1204 words

Hewlett Plans To Cut Prices On Computers

By Laurence Zuckerman

Hewlett-Packard Co, hoping to pre-empt announcement scheduled for July 10 by its rival, Compaq Computer, says it plans to lower prices on its commercial desktop computers by as much as 24 percent, beginning next week; cuts are expected to be followed by Compaq and matched by IBM (L)

Business/Financial Desk749 words

INSIDE

By Unknown Author

Success at Any Price? An immigrant who made his fortune in gas stations used even murder to succeed, officials said. Page B1.

Metropolitan Desk23 words

Apple Computer Ousts Chief In Response to Poor Results

By Steve Lohr

Gilbert F Amelio resigns as chairman and chief executive of ailing Apple Computer Inc; abrupt ouster of turnaround specialist casts doubt on company's future; Ellen Hancock resigns as executive vice president for technology; Steven P Jobs, co-founder and strategic adviser, will assume expanded role in months ahead as company searches for new chief executive; photo (M)

Business/Financial Desk1204 words