Event:
Wal Mart announces that, due to the Affordable Care Act, it will increase health benefit costs for all employees and end health benefits for its 30,000 or so workers with fewer than 30 hours per week; the changes will take place in January 2015
More Notable Events on October 7:
1985 PLO terrorists sieze Italian cruise liner Achille Lauro
1963 John F. Kennedy signs ratification for nuclear test ban treaty
1958 Potter Stewart appointed to U.S. Supreme Court
1950 U.S. forces invade Korea by crossing 38th parallel
1931 1st infra-red photograph, Rochester, New York
