In a 5-4 decision, the U.S. Supreme Court rules in Citizens United v. Federal Election Commission that the government cannot restrict the spending of corporations for political campaigns, maintaining that it's their First Amendment right to support candidates as they choose. This decision upsets two previous precedents on the free-speech rights of corporations.
Black Monday in worldwide stock markets. FTSE 100 had its biggest ever one-day points fall, European stocks closed with their worst result since 9/11, and Asian stocks drop as much as 15%.
A jury in Manassas, Va., acquitted Lorena Bobbitt by reason of temporary insanity of maliciously wounding her husband, John, whom she'd accused of sexually assaulting her.
23 cars take part in the first Rally Monte Carlo. Unlike today, the competitors set out from 11 different European locations, heading for the finish line in Monte Carlo.
The Swiss Anabaptist Movement is born when Conrad Grebel, Felix Manz, George Blaurock, and about a dozen others baptize each other in the home of Manz's mother in Zürich, breaking a thousand-year tradition of church-state union.