150 Years in Business History By Jcataldi3 Apr 12, 1861 Civil War Jan 1, 1880 Launce of Bell Atlantic- First telephone company Mar 3, 1885 AT&T Forms Jan 1, 1892 Carnegie Steel Co. Founded Jan 1, 1901 Ramson-Olds paents fist Motor Vehicle assemly line Dec 14, 1903 Wright brothers first flight,-The invention of the airplane Dec 1, 1913 Henry Ford perfects the Motor Vehicle Assembly line Jan 1, 1914 The Panama Canal Opens Aug 1, 1914 WWI Jan 1, 1920 The roaring Twenties -Rise of american corporations Jan 1, 1926 NBC is Formed Sep 4, 1929 The Great Depression Oct 29, 1929 Stock Market Crash-Black Tuesday Jun 25, 1938 Fair Labor Standards Act- Sets First US Minimum Wadge $0.25 Apr 20, 1939 The First Comercial Television Broadcast Dec 8, 1941 WWII Jun 25, 1950 Korean War Apr 7, 1953 First mass produced electric computer- IBM Nov 1, 1955 Vietnam War Jan 31, 1958 Explorer 1 -Americas First Satalite Sep 1, 1958 Bank of America launches First Credit Card Jan 1, 1960 The Rise of the Service Economy Apr 17, 1961 Bay of Pigs Invasion Jan 1, 1962 The First Wal-Mart Opens Oct 14, 1962 The Cuban Missial Crisis Apr 3, 1973 The First Cell Phone- Motarola Jul 1, 1981 Launch of the Internet-NFSNET Oct 19, 1987 Black Monday Crash Feb 26, 1993 Bomb in basement of Twin Towers Jan 1, 1995 The Internet was Comercialized Sep 11, 2001 9/11 Jan 1, 2006 The rise of Green Energy Jul 1, 2007 Apple released first IPhone Jan 1, 2010 Wal-Mart takes over as largest retailer