What happened on August 18, 1972?

Headlines from August 18, 1972

• ✝️ Pope Congratulates Potter – Pope Paul sent a telegram congratulating Rev. Philip A. Potter on his election as general secretary of the World Council of Churches.
• 🏅 House Honors Athletes – The U.S. Olympic team was honored by the House, receiving praise for their dedication ahead of the upcoming games.
• 🔬 $1 Billion for Research – The Senate approved a bill providing $1.025 billion for scientific research on civilian problems over the next three years.
• 🎓 Yale Honors Ellington – Yale University announced the establishment of a Duke Ellington Fellowship Program to promote Afro-American music studies.
• 🌱 Hybrid Plants Created – Biologists at Brookhaven National Laboratory successfully grew hybrid plants from artificially fused cells of wild tobacco.
• 📈 Corporate Profits Rise – Corporate profits before taxes rose by $4.9 billion to an annual rate of $93.1 billion in the second quarter of 1972.
• 🚀 Soviet Satellite Launched – The Soviet Union successfully launched the 514th satellite in its Cosmos series, as reported by the official news agency.
• ⚖️ FDA Reviews Vaccines – The FDA announced a major review of safety and effectiveness for over 1,100 vaccines and drugs used for disease prevention.
• 📊 Retail Sales Increase – Department store sales rose to an estimated $846 million, up 10% from the previous year, according to the Commerce Department.
• 🏗️ Building Strikes End – Striking cement workers returned to work after reaching tentative contract agreements following a six-week strike.