Time, Inc. agrees to sell NYT Cable for $420 million, to a group led by J. Bruce Llewellyn, the largest cable TV acquisition by an African American

Fraternity, Phi Beta Sigma, founded at Howard University, 1914. Among the founders were Langston Taylor, Leonard F. Morse and C.I. Brown. Special charter members included William F. Vincent, I.C. Scruggs and Walter F. Tebles.