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Jan 1, 1555
A Company is Born
The Muscovy Company (also called Russian Company or Muscovy Trading Company,Russian: Московская компания), was a trading company chartered in 1555. It was the firstmajor chartered joint stock company, the precursor of the type of business that would soon flourish in England, and became closely associated with such famous names as Henry Hudson and William Baffin. -
The First Multinational
The Dutch East India Company was a chartered company established in 1602, when the States-General of the Netherlands granted it a 21-year monopoly to carry out colonial activities in Asia. It was the first multinational corporation in the world and the first company to issue stock. It was also arguably the world's first megacorporation, possessing quasi-governmental powers, including the ability to wage war, imprison and execute convicts, negotiate treaties, coin money, and establish colonies. -
Great Depression
The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s. It was the longest, most widespread, and deepest depression of the 20th century. -
Economic Miracle
For three decades from 1960, Japan experienced rapid economic growth, which was referred to as the Japanese post-war economic miracle. With average growth rates of 10% in the 1960s, 5% in the 1970s, and 4% in the 1980s, Japan was able to establish and maintain itself as the world's second largest economy from 1968 until 2010, when it was supplanted by the People's Republic of China. -
Diner Club
Diners Club International, founded as Diners Club, is a charge card company formed in 1950 by Frank X. McNamara, Ralph Schneider and Matty Simmons. When it first emerged, it became the first independent credit card company in the world that established an idea of self-sufficient company producing credit cards for travel and entertainment. -
Wal-Mart
The company was founded by Sam Walton in 1962, incorporate on October 31, 1969, and publicly traded on the New York Stock Exchange in 1972. Wal-Mart, headquartered in Bentonville, Arkansas , is the largest majority private employer Walmart is also the largest retailer in the United States. In 2009, it generated 51% of its US$258 billion sales in the U.S. from grocery business. It also owns and operates the Sam's Club retail warehouses in North America -
Santa Clara Valley
The Santa Clara Valley (also known as Silicon Valley) is a valley just south of the San Francisco Bay in Northern California in the United States. Much of Santa Clara County and its county seat, San José, are in the Santa Clara Valley. The valley was originally known as the Valley of Heart’s Delight for the miles and miles of orchards, flowering trees, and plants. Until the 1960s it was the largest fruit production and packing region in the world, with 39 canneries. -
So Long, Pan Am
Pan American World Airways, commonly known as Pan Am, was the principal United States international air carrier from the late 1920s until its collapse on December 4, 1991. Founded in 1927 as a scheduled air mail and passenger service operating between Key West, Florida and Havana, Cuba, the airline became a major company credited with many innovations that shaped the international airline industry,including the widespread use of jet aircraft, jumbo jets, and computerized reservation. -
Marketing Wars
The Cola Wars are a campaign of mutually-targeted television advertisements and marketing campaigns since the 1980s between soft drink manufacturers Coca-Cola Company and PepsiCo Incorporated -
Safety In Numbers
Safety in numbers is the hypothesis that, by being part of a large physical group or mass, an individual is proportionally less likely to be the victim of a mishap, accident, attack, or other bad event. Some related theories also argue (and can show statistically) that mass behaviour (by becoming more predictable and "known" to other people) can reduce accident risks, such as in traffic safety.
