This Day in Business History: Happy Birthday Otis Elevator!

August 3, 1811: It’s the birthday of Elisha Graves Otis, born 205 years ago in Halifax, Vt. who found his inspiration while working in a Yonkers, N.Y., factory that needed to move heavy equipment to its upper floor. Using a hoist came with the risk of equipment crashing to the ground if the cable broke, so…

This Day in Business History: Happy Birthday, Milton Friedman!

July 31, 1912: Milton Friedman is born in Brooklyn, NY. Friedman, winner of the 1976 Nobel Prize for Economics, is best known for his scholarship on the free market economy and monetary policy, namely the quantity theory of money which states that the amount of money in circulation has a direct and proportional relationship to prices. Sources: Milton Friedman: A…

This Day in Business History: Ford’s Model A Goes to Market

July 23, 1903: The freshly incorporated Ford Motor Company sells its very first Model A, ushering in a new era of transportation for Americans. Having spent nearly all of its initial cash investment of $28,000 prior to its first sale, in less than two months, the company profited $37,000. Source: Ford Motor Company Website Read…

This Day in Business History: The FDIC Is Founded as a Provision of the Glass-Steagall Act

June 16, 1933: Following the failure of nearly five thousand banks in 1929, which promulgated the Great Depression, the Glass-Steagall Act was signed into law. As a provision, and the Federal Deposit Insurance Corporation was established to protect bank customers’ deposits in the event of future bank failures. Source: The Oxford Encyclopedia of American Business, Labor,…

This Day in Business History: The Birth of CNN and the 24-Hour News Cycle

June 1, 1980: With only 1.7 million viewers, the first 24-hour news cycle channel CNN was launched right here in Atlanta. The low viewership did not stop Ted Turner’s vision, and within three years, CNN gained over 33 million viewers. Now, CNN reaches hundreds of millions of households worldwide, not to mention passengers at every single…

This Day in Business History: The Patent that Changed Fashion

May 20, 1873: Jacob Davis and Levi Strauss, both immigrants to the United States, were granted U.S. patent number 139,121 for Davis’ innovative design using rivets to reinforce stress points in pants. Davis, a tailor in Reno, Nevada, regularly bought fabric from Strauss’s dry goods store in San Francisco and had reached out to him in a…

This Day in Business History: Empire State Building Opens

May 1, 1931: The Empire State Building opens in New York City, standing as the tallest building in the skyline for 40 years.  It is now the fifth tallest building in the United States and the 28th tallest building in the world. Opening during the Great Depression, the building has been a part of many…

Library Resources for Summer Success

As you head off to your internship this summer, remember your librarians are here all summer and happy to help you with research recommendations and search strategies for your projects. You can get started with our internship toolkit. Remember that Emory database licensing agreements allow student usage for coursework, career exploration and personal enrichment. This…

7 Things to Do at the Library before You Graduate from the Bschool

So it’s finally safe to countdown the days to graduation. Congratulations! You’re almost to the finish line. But before you leave, here are some things you want to do at the library before you lose all your awesome student privileges! Check out a Business Kindle: There are over 150 business books, including bestsellers and career books….