$7.4 million USD is stolen from Brinks Armored Car Depot in Rochester, New York in the 5th largest robbery in U.S. history. Four men, Samuel Millar, Father Patrick Moloney, former Rochester Police officer Thomas O'Connor, and Charles McCormick, all of whom have ties to the Provisional Irish Republican Army, are accused.
IBM announces a $4.97 billion loss for 1992, the largest single-year corporate loss in United States history to date.
Iraq disarmament crisis: Iraq refuses to allow UNSCOM inspectors to use its own aircraft to fly into Iraq, and begins military operations in the demilitarized zone between Iraq and Kuwait, and the northern Iraqi no-fly zones. U.S. forces fire approximately 40 Tomahawk cruise missiles at Baghdad factories linked to Iraq's illegal nuclear weapons program. Iraq then informs UNSCOM that it will be able to resume its flights.
February 6 – Former tennis player Arthur Ashe, 49, dies of the AIDS virus in New York. Ashe was believed to have contracted the virus from a blood transfusion during heart surgery 10 years ago.
February 8 – General Motors Corporation sues NBC, after Dateline NBC allegedly rigged 2 crashes showing that some GM pickups can easily catch fire if hit in certain places. NBC settles the lawsuit the following day.
April – The Kuwaiti government claims to uncover an Iraqi assassination plot against former U.S. President George H. W. Bush shortly after his visit to Kuwait. Two Iraqi nationals confess to driving a car-bomb into Kuwait on behalf of the Iraqi Intelligence Service.
April 9 – The rock band Nirvana plays a benefit concert for the Bosnian rape victims at San Francisco's Cow Palace
June 27 – U.S. President Bill Clinton orders a cruise missile attack on Iraqi intelligence headquarters in the Al-Mansur District of Baghdad, in response to the attempted assassination of former U.S. President George H. W. Bush during his visit to Kuwait in mid-April.
October 3 – A large scale battle erupts between U.S. forces and local militia in Mogadishu, Somalia; 18 Americans and over 1,000 Somalis are killed.
October 8 – David Miscavige announces the IRS has granted full tax exemption to the Church of Scientology International and affiliated churches and organizations, ending the Church's 40-year battle with the IRS and resulting in religious recognition in the United States.
October 16 – U.S. President Bill Clinton sends 6 American warships to Haiti, to enforce United Nations trade sanctions against the military-led regime in that country.
October 27 – Wildfires begin in California which eventually destroy over 16,000 acres (65 km2) and 700 homes.