On this day: July 18

Published: Jul 17 2012 06:56:46 PM EDT   Updated On: Jul 18 2014 02:00:00 AM EDT

A Nobel Peace Prize winner and astronaut are born, a gymnast reaches Olympic perfection, and an epic superhero hits summer theaters, all on this day.

OTD July 18 - Detroit bankruptcy
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Haljackey/Wikimedia Commons

2013: The city government of Detroit, Michigan, with up to $20 billion in debt, files for the largest municipal bankruptcy in U.S. history, exceeding the $4 billion filing by Jefferson County, Alabama, in 2011. Detroit is also the largest city by population in the U.S. history to file for Chapter 9 bankruptcy, more than twice as large as Stockton, California, which filed in 2012.

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Slideshow Of The Day

  • Ferguson protests

    Lucas Jackson/Reuters

    Teen's shooting death sparks protests in Ferguson

    The police chief in Ferguson, Missouri, is expected to step down as part of the effort by city officials to reform the Police Department, mostly stemming from criticism of the department's handling of Michael Brown's shooting death in August. Take a look at images of the protests surrounding Brown's death.

On this Day

  • Rumble in the Jungle, George Foreman, Muhammad Ali

    Hemdale Film Corporation/Video Techniques Incorporated

    On this day: October 30

    Orson Welles broadcasts "The War of the Worlds," buffalo wings are born, Ali and Foreman square off in the "Rumble in the Jungle," and Michael Jordan returns to the NBA, all on this day.