What happened on December 20, 1985?

Headlines from December 20, 1985

• ❤️ First Woman Receives Heart – Mary Lund became the first woman to receive an artificial heart implant, marking a significant milestone in medical history.
• 🌍 Agency Proposes Fund – The International Finance Corporation plans to create a mutual fund to invest in third world stock exchanges, promoting economic growth.
• 🚀 Rocket Liftoff Aborted – A hydraulic pump failure in the space shuttle Columbia's booster rocket halted the countdown seconds before liftoff.
• 📈 Chrysler Spending Plans – Chrysler Corporation announced a record $3.4 billion investment in new-product programs for 1986.
• 📊 Money Fund Assets Rise – Assets of the nation's money market mutual funds increased by $409.4 million, reaching $208.85 billion.
• 🎶 Jewish Music Festival – The Hebrew Arts School's Winter Festival of Jewish Music will celebrate the roots of American popular music.
• 📅 Philippine Elections Approved – The Supreme Court ruled that the presidential election in the Philippines will proceed despite constitutional doubts.
• 💼 Executive Changes Announced – Burlington Northern Inc. appointed Christopher T. Bayley as president and CEO of Glacier Park Co.
• 📉 Businesses Cut Spending – A government survey predicts American businesses will reduce investment spending by 1 percent in 1986.
• 📜 Congress Passes Waste Bill – Congress passed legislation to end threats of shutting down the nation's only radioactive waste dumps.