Friday, November 26, 2010

Today 26 November in Business History

1832 1st streetcar railway in America starts operating
1983 Heathrow Airport, robbed of 6,800 gold bars worth $38.7 million
1984 John W Mercom Jr announces NO Saints are up for sale for $75 million
1990 Matsushita purchases MCA for $6.6 billion

Thursday, November 25, 2010

Today 25 November in Business History

1715 1st English patent granted to an American, for processing corn
1834 Delmonico's, one of NY's finest restaurants, provides a meal of soup, steak, coffee & half a pie for 12 cents
1867 Alfred Nobel invents dynamite
1884 John B Meyenberg of St Louis patents evaporated milk
1983 World's greatest robbery-œ25,000,000 of gold, Heathrow, England
1988 Convention on exploitation of Antarctic mineral resources signed

Wednesday, November 24, 2010

Ireland Low Tax Rate

Ireland economic success was built on a policy of charging corporations only 12.5 percent in income tax, one of the lowest corporate rates in Europe. That rate, which compares with 28 percent or higher in Britain, France, Germany, and the U.S., has lured multinationals to set up manufacturing, research, and service centers in Ireland over the last 20 years.

Companies such as HP, Google, Bank of America, Microsoft have set up their european headquarters in Ireland employing thousands of employees and making exports that total in billions.

Today 24 November in Business History

1949 Britain nationalizes its steel & iron industry\
1971 Dan "DB" Cooper parachutes from a Northwest AL 727 with $200,000

Saturday, November 13, 2010

Today 13 November in Business History

1789 Ben Franklin writes "Nothing . . . certain but death & taxes"
1895 1st shipment of canned pineapple from Hawaii
1933 1st modern sit-down strike, Hormel meat packers, Austin, MN

Thursday, November 11, 2010