What happened on February 4, 1987?

Headlines from February 4, 1987

• ⛵ U.S. Regains Cup – Dennis Conner avenged his 1983 loss, winning back the America's Cup for the U.S. with a brilliant final race.
• 🏛️ Clean Water Bill Passed – The House voted to override President Reagan's veto of a $20 billion bill aimed at cleaning up the nation's water.
• 📈 Leading Indicators Surge – The government reported a 2.1% increase in leading economic indicators for December, marking the biggest gain in four years.
• 📊 Pepsico Earnings Rise – Pepsico Inc. reported a 30.6% rise in earnings for its fourth fiscal quarter, driven by lower tax rates and increased sales.
• 🏢 G.M. Mini-Vans Production – General Motors announced plans to produce a new fiberglass-body mini-van at its upstate New York plant, securing jobs.
• 🏛️ Congress Investigates Iran – Congress created select committees to investigate the Iran-contra affair, marking a significant political development.
• 🏆 Falcons Hire Coach – The Atlanta Falcons appointed Marion Campbell as head coach after a six-week search, promoting from within.
• 🎨 Bolshoi Theater Closure – The Bolshoi Theater will close for extensive repairs to modernize its stage facilities and restore its grandeur.
• 📉 Shamrock Reports Loss – Diamond Shamrock Corporation reported a $42.2 million loss in the fourth quarter, following a restructuring announcement.
• 🏦 House Raises Speed Limit – The Senate approved an amendment allowing states to raise the speed limit to 65 mph on rural interstate highways.