King Charles II of England grants a permanent charter to the Hudson’s Bay Company, made up of the group of French explorers who opened the lucrative North American fur trade to London merchants. The charter conferred on them not only a trading monopoly but also effective control over the vast region surrounding North America’s Hudson Bay.

On May 2, 1918, in a conference of Allied military leaders at Abbeville, France, the U.S., Britain and France argue over the entrance of American troops into World War I.

The modern legend of the Loch Ness Monster is born when a sighting makes local news on May 2, 1933. The newspaper Inverness Courier relates an account of a local couple who claim to have seen “an enormous animal rolling and plunging on the surface.” The story of the “monster” (a moniker chosen by the Courier editor) becomes a media phenomenon, with London newspapers sending correspondents to Scotland and a circus offering a 20,000 pound sterling reward for capture of the beast.

On May 2, 1945, approximately 1 million German soldiers lay down their arms as the terms of the German unconditional surrender, signed at Caserta on April 29, comes into effect. Early this same day, Russian Marshal Georgi K. Zhukov accepts the surrender of the German capital. The Red Army takes 134,000 German soldiers prisoner.

Senator Joseph McCarthy (R-Wisconsin) succumbs to illness exacerbated by alcoholism and passes away at age 48. McCarthy had been a key figure in the anticommunist hysteria popularly known as the “Red Scare” that engulfed the United States in the years following World War II.

On May 2, 1963, in Birmingham, Alabama, more than 1,000 Black school children march through the city in a demonstration against segregation. The goal of the non-violent demonstration, which became known as the "Children’s Crusade" and "Children’s March," was to provoke the city’s civic and business leaders to agree to desegregate.

After nearly five decades as director of the Federal Bureau of Investigation (FBI), J. Edgar Hoover dies, leaving the powerful government agency without the administrator who had been largely responsible for its existence and shape.

Osama bin Laden, the mastermind behind the September 11, 2001, terrorist attacks in the United States, is killed by U.S. forces during a raid on his compound hideout in Pakistan. The notorious, 54-year-old leader of Al Qaeda, the terrorist network of Islamic extremists, had been the target of a nearly decade-long international manhunt.