This Day in Business History: America’s First Five and Dime Store Opens
February 22, 1878: The first F.W. Woolworth store was opened by Frank Winfield Woolworth on February 22, 1878 in Utica,…
This Day in Business History
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This Day in Business History: Warby Parker is Founded
February 15, 2010: February is an auspicious month for the company Warby Parker. In February 2008, 4 MBA students at…
This Day in Business History: St. Valentine’s Day Becomes Big Business
February 14, 1913: Hall Bros. of Kansas City, MO (later known as Hallmark) offers its first valentine postcards. Two years later, a…
This Day in Business History: Facebook Is Founded
Feb 4, 2004: Facebook is founded by Mark Zuckerberg and co-founders Dustin Moskovitz, Chris Hughes and Eduardo Saverin launch Facebook. By…
This Day in Business History: Apple Macintosh Goes on Sale
Jan 24, 1984: The Apple Macintosh computer first goes on sale, featuring a graphical user interface and a mouse. Two days prior…
This Day in Business History: Happy Birthday, André Michelin!
January 16, 1853: André Michelin, founder of Michelin Tire Company, is born in Paris. Michelin took over his family’s failing…
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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...
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...
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...
This Day in Business History: Inventor Garrett Morgan Granted Patent for the Automa ...
November 20, 1923: Patent #1,475,024 was granted to inventor Garrett Augustus Morgan for his automatic traffic signal. Morgan, who had a deep interest in public safety, was inspired to invent a device to control traffic after a tragic collision between an automobile...