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On this day: December 31

Published On: Dec 29 2012 04:25:41 AM CST   Updated On: Dec 31 2012 01:00:00 AM CST

Times Square holds its first New Year's Eve celebration, the board game Monopoly is patented, "Calvin and Hobbes" say goodbye, and the U.S. relinquishes control of the Panama Canal, all on this day.

OTD December 31 - London Eye
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Lee Kindness/Wikimedia Commons

1999: The London Eye, the world's largest Ferris wheel at the time, opens by the banks of the River Thames. The 443-foot tall wheel was surpassed first by the 520-foot Star of Nanchang in China in 2006 and then the 541-foot Singapore Flyer in 2008.

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