Business Facts
From business leaders' philanthropy, funny business blunders, to companies making a huge impact in the world - our business fun facts database has them all.
61
A man sued Bank of America for erroneously foreclosing on his home and won. When they didn’t pay the fees, he foreclosed their bank.
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62
As part of an advertising campaign, Molson, a Canadian beer company, strategically placed 'beer fridges' around Europe that only Canadian passports could unlock.
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63
Starbucks uses round tables to make solo coffee drinkers feel less alone.
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64
Ma Yu Ching’s Bucket Chicken House in Kaifeng, China is considered the world’s oldest operating restaurant, first opening in 1153 AD during the Jing Dynasty.
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65
Lentil As Anything, a successful Australian restaurant, allows its customers to pay whatever price they feel like paying for the food.
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66
There’s a KFC for deaf people in Pakistan, India, and Egypt.
10
67
It has been scientifically proven that praise rather than criticism is the best way to help employees improve.
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69
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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70
As of 2014, Apple has enough money to buy Facebook, or Netflix, Tesla, Twitter, Dropbox, Pandora, and Spotify combined - with $59 billion to spare!
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71
The CEO of Japan Airlines makes $90,000 a year, less than the pilots. During an interview, he said "We in Japan learned during the bubble economy that businesses who pursue money first fail. The business world has lost sight of this basic tenet of business ethics."
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72
In the mid-90’s, Coca Cola recalled an advertising poster due to a hidden sexual image.
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73
The co-founder and CEO of SnapChat, 23-year-old Evan Spiegel, turned down an offer of $3 billion from Facebook and then a $4 billion bid from Google.
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74
Carlos Vasquez, a dry cleaner in New York, has a sign outside his shop that reads: If you are unemployed and need an outfit clean for an interview, we will clean it for free.
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75
Richard Branson, founder of the Virgin Group, is dyslexic.
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76
Instead of McDonald's tearing down a ~200-year-old Georgian mansion, citizens of a small NY town forced them to renovate it instead, resulting in a uniquely historic franchise location.
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77
Every year, Louis Vuitton burn all their unsold bags. They burn them in order to prevent them from being priced lower.
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78
In March, 2014, Colorado sold $19 million dollars worth of Cannabis. $1.9 million went to schools and crime fell by 10%.
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79
If you pronounce the names of products wrong in an Apple Store, employees are not allowed to correct you.
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80
Nintendo has banked so much money, they could run a deficit of over $250 million every year and still survive until 2052.
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