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

On this Day

  • Apollo 1 crew, Gus Grissom, Edward White, Roger Chaffee

    NASA

    On this day: January 27

    Mozart is born, Auschwitz is liberated, Elvis releases "Heartbreak Hotel," tragedy claims the crew of Apollo 1, Michael Jackson's hair catches fire, and Steve Jobs unveils the iPad, all on this day.