Event:
Infinity Radio agrees to voluntarily pay $1.7 million to U.S. Treasury
More Notable Events on September 1:
1995 Rock and Roll Hall of Fame opens in Cleveland, Ohio
1985 U.S. - French expedition locates wreckage of Titanic off Newfoundland
1983 Korean Boeing 747 strays into Siberia and is shot down by a Soviet jet
1977 1st TRS-80 Model I computer sold
1858 1st transatlantic cable fails after less than 1 month