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.
1955: The General Motors Corporation becomes the first U.S. corporation to make more than $1 billion in a year.
iStock / gbh007
National Portrait Gallery, London
iStock / mashabuba
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