2015 Event Stock markets around the world fall after China reports a low value for its purchasing managers' index, suggesting that the nation's economy is slowing; in the U.S., the Dow Jones Industrial Average drops by 470 points 2014 Event The World Bank reports that India is now the third-largest economy behind the U.S. and China on the basis of purchasing power parity; India replaces Japan, though Japan remains in third place when GDPs are compared on an exchange-rated basis 2014 Event Google sells Motorola Mobility to Lenovo for $2.91 billion after purchasing it three years ago for $12.5 billion, and selling off it's cable-box division for $2.4 billion 1997 Event Anaheim Angels Tony Phillips arrested for purchasing cocaine 1993 Event David Lee Roth arrested in New York City for purchasing marijuana for 1989 Event 1st black owners (Betram Lee and Peter Bynoe) to own a major sports team, purchasing Denver Nuggets for $65m