Business and Finance Trivia

  • It is illegal in 10 U.S. states to charge extra when a customer wants to use a credit card.
  • Cisco is not an acronym. It's short for San Francisco, where the company was founded.
  • Donald Trump - or companies that bear his name - have declared bankruptcy four times in 1991, 1992, 2004, and again in 2009.
  • The Nike 'swoosh' logo was purchased from the portfolio of a student at Portland State for USD $35.
  • In 2010, Verizon, GE and Boeing all earned over $1 billion, but paid absolutely no federal taxes.
  • One of the highest-priced single purchases ever charged to an American Express card was $2.5 million for a painting by Roy Lichtenstein.
  • Men tend to spend more money when they are not in a relationship.
  • As of 2012, New York City's gross metropolitan product (GMP) of $1.287 trillion tops the GDPs of all but 13 countries.
  • Ingvar Kamprad founded IKEA when he was just 17 years old.
  • Ikea is the world's largest and richest "non-profit charity."
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