On this day: July 18

Posted: 6:56 PM EDT Jul 17, 2012   Updated: 2:00 AM EDT Jul 18, 2015

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

On this Day

  • Good Times cast photo

    Sony Pictures Television

    On this day: February 8

    The Boy Scouts of America is founded, the gas chamber is first used in the United States, the first NFL Draft is held, "Good Times" premieres, and women's ice hockey debuts as an Olympic sport, all on this day.