On this day

June 1, 2012

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

Historical Context for June 1, 2012

In 2012, the world population was approximately 7,201,202,485 people[†]

Notable Deaths

2012Faruq Z. Bey, American saxophonist and composer (born 1942)[†]

Faruq Z. Bey was an American jazz saxophonist and composer from Detroit, Michigan. Bey was known for his work with Griot Galaxy, which played distinct compositions, often by Bey. Odd meters and polyrhythms were a frequent feature of the group's tunes, which would give way to free sections. Originally started in 1972, Griot Galaxy settled into its most stable line-up around 1980, when Bey was joined by saxophonists David McMurray and Anthony Holland, as well as bassist Jaribu Shahid and drummer Tani Tabbal. Griot Galaxy played at the 1983 Detroit Montreux Jazz Festival, and toured Europe in the mid-1980s.

Pádraig Faulkner

2012Pádraig Faulkner, Irish educator and politician, 19th Irish Minister of Defence (born 1918)[†]

Pádraig Faulkner was an Irish Fianna Fáil politician who served as Ceann Comhairle of Dáil Éireann from 1980 to 1981, Minister for Defence 1979 to 1980, Minister for Posts and Telegraphs and Minister for Tourism and Transport from 1977 to 1979, Minister for Education from 1969 to 1973, Minister for the Gaeltacht and Minister for Lands from 1968 to 1969 and Parliamentary Secretary to the Minister for the Gaeltacht from 1965 to 1968. He served as a Teachta Dála (TD) for the Louth constituency from 1957 to 1987.

2012Milan Gaľa, Slovak politician (born 1953)[†]

Milan Gaľa was a Slovak politician and Member of the European Parliament (MEP) with the Slovenská demokraticka a krestanska unia, part of the European People's Party and sat on the European Parliament's Committee on Culture and Education.

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Headlines from June 1, 2012

BP to Exit Its Venture in Russia

By Julia Werdigier and Andrew E. Kramer

The British oil company said it had been approached by potential buyers for the venture, which has provided steady income but also been a source of conflict with its Russian partners.

Business995 words

Wall Street Tumbles 2% on Jobs Data

By Christine Hauser

Stocks on Wall Street closed sharply lower and benchmark bond prices marched higher as the latest jobs data in the United States provided evidence that the economy was still struggling.

Business882 words

Picking Stocks After Facebook

By Ron Lieber

Buying an individual company’s stock is a wager on an unknowable future, as Facebook investors will tell you, and it can take decades before you know if you have a winner.

Business1191 words