Business Facts

    Random Business Facts

    There are 75 Business Facts!

    The Shell Oil Company began as a novelty shop in London that sold sea shells.
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    A full-time cashier at Costco makes about $49,000 annually. The average wage at Costco is nearly 20 dollars an hour and 89% of Costco employees are eligible for benefits.
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    The man who created the Thighmaster was once a Bhuddist Monk.
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    A Kodak engineer constructed the first digital camera in 1975. They didn't want to go digital. They went bankrupt in 2012.
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    Lenovo CEO Redistributed His $3M Bonus to 10,000 Employees. Twice.
    As a reward for record profits, the CEO of Lenovo, Yang Yuanqing, received a $3 million bonus, which he redistributed to about 10,000 of Lenovo's employees. He did the same again in 2013.
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    Steve Jobs' annual salary was $1, just enough to keep company health benefits.
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    90% of all restaurants fail during their first year of operation.
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    Warner Chappel Music owns the copyright to the song 'Happy Birthday'. They make over $1 million in royalties every year from the commercial use of the song.
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