2015 Event Puerto Rico fails to make a $58 billion debt payment on bonds issued by the Public Finance Corporation; Governor Alejandro Garcia Padilla warned creditors in June that debt restructuring will be needed to keep the government afloat 2014 Event Sony Corporation's gaming service is back online after a hacking attack disrupted its PlayStation Network; the company is probing whether this incident is related to the attack on its Sony Pictures Division earlier this month 2013 Event A security news site reports that the credit and debit card account stolen from 40 million Target Corporation customers are up for sale on the black market; cards are being sold from around $20 to more than $100 each 2013 Event A data breach at Target Corporation caused the security of 40 million credit and debit cards used at Target stores to be compromised 2013 Event AMR Corporation, the parent company of American Airlines, merges with US Airways Group; American Airlines Group is formed and the public company begins trading on the NASDAQ under the symbol AAL 2013 Event To prevent problems with airbag deployment caused by issues with their electrical system, Toyota Motor Corporation recalls 885,000 vehicles 2013 Event The News Corporation phone hacking scandal results in the company's agreement to pay $139 million to American shareholders 2012 Event Toyota Motor Corporation agrees to pay $1 billion to settle over a dozen lawsuits related to sudden acceleration 2012 Event The Japanese press reveals that Sharp Corporation, an electronics company, will cut 5,000 jobs worldwide 2012 Event New Corporation announces its launch of 'The Sun on Sunday' to replace 'News of the World' which shut down due to a phone hacking controversy 2011 Event Sears Holding Corporation reveals its plan to close over 100 Sears and K-Mart stores in the U.S. 2011 Event The Internet Corporation for Assigned Names and Numbers grants private companies the right to create new website domain suffixes 2011 Event Panasonic Corporation reportedly plans to announce it will cut 40,000 jobs 2003 Death Adam Osborne, author, computer designer, book and software publisher, founded and wrote memoir about Osborne Computer Corporation 1967 Event Lyndon Baines Johnson signs a bill establishing Corporation for Public Broadcasting 1954 Birthday Tobias Picker, born in New York City, New York, composer, awarded Joseph H. Bearns Prize, Guggenheim Fellowship, Award in Music from American Academy of Arts and Letters, composer-in-residence for Houston Symphony, 1985 - 1990, music publisher, Schott Music Corporation 1947 Birthday Hubert Ann Kelly, U.S. singer, Hues Corporation/Rock the boat 1946 Birthday Anthony Mayer, chief executive, Housing Corporation 1942 Event Canadian Broadcasting Corporation authorized for radio service 1939 Birthday Adam Osborne, born in Thailand, author, computer designer, book and software publisher, founded and wrote memoir about Osborne Computer Corporation 1937 Birthday Roger Penske, born in Shaker Heights, Ohio, owner, Penske Racing, auto racing team, the Penske Corporation, corporate director, General Electric 1935 Birthday Desmond Pitcher, CEO, Merseyside Development Corporation 1933 Event U.S. Federal Deposit Insurance Corporation, FDIC, created 1933 Event Federal Home Owners Loan Corporation authorized 1930 Event Grain Stabilization Corporation authorized by Congress 1929 Birthday Amar Bose, born in Philadelphia, Pennsylvania, electrical engineer, Ph.D. from MIT, founder, chairman, Bose Corporation, patented dominantly reflecting sound field mimicking listening space of the audience in a concert hall 1927 Event Gaumont-British Film Corporation forms 1926 Event NBC (National Broadcasting Corporation) forms 1926 Event National Broadcasting Co created by Radio Corporation of America 1924 Event IBM Corporation founded by Thomas Watson 1922 Event British Broadcasting Corporation (BBC) forms 1919 Event Radio Corporation of America (RCA) created 1914 Birthday Donald Stokes, born in Plymouth, England, born Donald Gresham Stokes, Baron Stokes, Lord Stokes, industrialist, life peer in the House of Lords, managing director of British Leyland Motor Corporation 1909 Birthday Arnold Shaw, born in America, composer, songwriter, music business executive for Leeds Music Corporation, later MCA, wrote book on Harry Belafonte, series on 20th century American music 1900 Event U.S. Steel Corporation organizes 1675 Event 1st American commercial corporation chartered (New York Fishing Co) 1661 Event Corporation Act enforced in England
