On this day in history - March 1

What Happened On This Day – March 1

• 1998 Titanic becomes the first film to gross $1 billion

  James Cameron's epic account of the sinking of the Titanic had a budget of $ 200 million and grossed over $ 2 billion in the end.

• 1995 Internet giant Yahoo! is incorporated

  The company was founded in January 1994 as Jerry's guide to the World Wide Web by Jerry Yang and David Filo.

• 1947 The International Monetary Fund (IMF) is formed

  The IMF's primary goal of improving the economies of its member countries has frequently been overshadowed in the past by criticisms about the fund's alleged support of dictatorships and negative impact on the environment.

• 1932 Aviator Charles Lindbergh's son is kidnapped

  The toddler's abduction and death was one of the most publicized crimes of the century.

• 1896 Henri Becquerel discovers radioactivity

  The French physicist made his groundbreaking discovery while trying to prove his erroneous theory that phosphorescent uranium salts absorb sunlight and reemit it as X-rays.