Business and Finance Trivia

  • Kotex was first manufactured bandages, during WWI.
  • The island of Manhattan (NYC) was purchased from the Algonquin Indians in 1624 for a whopping $24.
  • Only 8% of the world's currency exists as physical cash.
  • Luxottica, a Milan-based company that started in 1961 manufactures sun glasses for almost all top brands like Prada, Tiffany, Coach, Versace, Bulgari, Chanel, Dolce & Gabbana, Ray-Ban and many more.
  • The word 'mortgage' comes from a French word that means "pledge to the death".
  • In 1990, the Soviets gave Pepsi "Stolinchnaya Vodka" and a ship fleet consisting of 10 commercial ships, 17 submarines, a cruiser, a frigate and a destroyer In exchange for Pepsi products!
  • In 1997, Yahoo turned down the offer to buy Google for $1 million.
  • Until 2008, "Walmart de Mexico" was paying its employees with vouchers only redeemable at Walmart.
  • Apple's total sales in 2011 were $128 billion which is more than the gross domestic product of about 160 nations around the world.
  • Bill Hewlett won a coin toss against Dave Packard and that's why HP was called Hewlett-Packard and not Packard-Hewlett.
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