Random Business Facts

    60 facts tagged with Business Facts

    In October 1997, when Internet Explorer 4.0 was released, some Microsoft employees left a giant "From the IE team... We Love You" on Netscape's lawn.
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    Hewlett Packard was started at a garage in Palo Alto in 1939.
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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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    Jon Bon Jovi has a restaurant that has no prices; guests pay whatever they can or volunteer in exchange for their meal.
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    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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    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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    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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    John Mackey (Whole Foods CEO)
    John Mackey (Whole Foods CEO)
    In 2006, the CEO of Whole Foods reduced his salary to $1 a year, donated his entire portfolio to charity, and set up a $100,000 fund for staff facing personal problems.
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