(Shawn Inglima) The nearly bankrupt operator of the Yankee Stadium parking garages has reached the point of no return. Bronx Parking Development Co. LLC sustained a net loss of $29 million last year and now has more debts than assets, according to a new audit released by the company this month.
The invention of the traffic signals for stop-and-go are the source of much debate, according to the History Channel. Despite the aforementioned adoption of the signals in London in the 19th century, it wasnât until 1923 when inventor Garrett Morgan (he of gas mask mega-fame) patented it.
Garrett Morgan was an inventor and businessman from Cleveland who invented a device called the Morgan safety hood and smoke protector in 1914. On July 25, 1916, Garrett Morgan made national news for using his gas mask to rescue 32 men trapped during an explosion in an underground tunnel 250 feet beneath Lake Erie.