This Day in Business History

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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...

This Day in Business History: Opening Day at Disneyland

July 17, 1955: On a sunny Anaheim, California Sunday afternoon, Walt Disney opens his first theme park, Disneyland. Offering 5 theme lands with 18 attractions, the park took more than twenty years to plan and cost $17 million to build. Disney’s...