(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.
The electronic traffic light turns 101 on August 5. The first red and green lights were installed in Cleveland, Ohio, on August 5, 1914. The original design, though, came from a Salt Lake City cop named Lester Wire. He came up with the idea in 1912. The momentous occasion of the 101st anniversary of the traffic light is celebrated in the August 5 Google Doodle.