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This Month in Business History


Josh Hallett, photographer. CNN - No Bias Here External February 13, 2007. Creative Commons Attribution 2.0 Generic (CC BY 2.0) External

CNN Launched June 1, 1980

At 6 p.m. EST, the Cable News Network debuted from its headquarters in Atlanta, GA as the world's first 24 hour news station. From an initial viewer audience of barely over a million, CNN has grown to a formidable entity with international presence and worldwide renown.

Fair Labor Standards Act was Signed

The Fair Labor Standards Act signed in June 1938, created the right to a minimum wage and overtime pay.

Signing of the Securities Exchange Act of 1934

One June 6, 1934, with the signing of the Securities Exchange Act, President Franklin D. Roosevelt created the Securities and Exchange Commission.