This Day in Business History: Burj Khalifa opens

Jan. 4, 2010:  Burj Khalifa in Dubai, U.A.E., opens as the worlds tallest building at 2,717 feet (828m).  At over 160 stories tall, it also has the highest occupied floor in the world.  The building includes 900 residential apartments, office space and a 304 room hotel, as well as an observation deck. Sources: Burj Khalifa…

This Day in Business History: The European Economic Community Is Formed

January 1, 1958: The European Economic Community, known as the Common Market, becomes official. Belgium, France, West Germany, Italy, Luxembourg, and The Netherlands signed the Treaty of Rome in March 1957, which laid the plan for this trade community, and was later joined by the United Kingdom, Denmark, Ireland, Greece, Portugal,and Spain. East Germany also…

This Day in Business History: Happy Birthday, Henry Varnum Poor!

December 8, 1812: Henry Varnum Poor was born on this day and would lay the groundwork for the business information industry. As the editor of the American Railroad Journal, he became aware of the ways that businesses across states were becoming increasingly interconnected. Managers found a lot of value in information about companies and economics in partnering…

Felicia Kane BBA ’18 Wins Big on Ellen!

Felicia Kane, BBA Class of 2018, wanted to surprise her best friend at Emory with tickets to see their favorite show, Ellen, live. Little did she know that her letter to Ellen would inspire the host to do more than just give them seats in the audience! In additional to the chance to “breathe Ellen’s…

This Day in Business History: Dow Jones closed above 5,000

Nov. 21, 1995: The Dow Jones industrial average closed at 5,023.55, surpassing 5,000 for the first time.  Although it took from 1972-1995 for the Dow  to move from 1000 to 5000,  the next few years saw a rapid rise with the Dow increasing to 10,000 in 1999. The Dow Jones Averages, 1885-1995, by Phillis S….

This Day in Business History: Happy Birthday, Peter Drucker!

November 19, 1909: Peter Drucker, widely considered the inventor of of management, was born on this day in 1909. He described himself as a “social ecologist,” and wrote 39 books and numerous articles on how humans interact and communicate with each other. In 2002, he was awarded the Presidential Medal of Freedom. Source: The Drucker Institute…

This Day in Business History: Gillette razor blade patented

November 14, 1904:  King C Gillette patented the Gillette razor blade. This disposable razor was the first safe alternative to the straight razor, which usually required visiting a barber. By selling the replaceable razor blade along with the permanent handle, King established a successful business model still used in razor sales today.   King  founded the…

This Day in Business History: Happy Birthday, James Naismith

November 6, 1861:  James Naismith, credited with inventing the game of basketball, was born in Almonte, Ontario, Canada.  He created the game in 1891 at a YMCA, and later went on to found the University of Kansas basketball program.  Years later, he helped bring basketball at the 1936 Summer Olympic Games.   While there, he presented…