Browsing: Business and Economics

A Brief History On July 16, 1956, the last “Big Top” circus produced by Ringling Bros. and Barnum & Bailey Circus ended its run in Pittsburgh, Pennsylvania, and all subsequent circus productions would be held in arenas instead of the giant tents. Digging Deeper PT Barnum’s “Greatest Show on Earth” had merged with The Cooper and Bailey Circus in 1881, then was bought by the Ringling Brothers in 1907. The two circuses operated separately until 1919. In 1944, the circus suffered a tragedy when the Big Top caught on fire in Hartford, Connecticut, resulting in 167 deaths, though this fire…

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A Brief History On June 27, 2017, a massive cyber attack began on Europe, the USA, and Australia, with Ukraine being the main target.  Businesses, government offices, utilities, banks, and other targets were hit, 80% of which were in Ukraine. Digging Deeper Although disguised to appear as ransomware, the 2 day attacks were found out by Ukrainian investigators to have been perpetrated by Russian agents within Ukrainian territory.  The hackers’ equipment was seized, and it was also discovered this same group was responsible for a 2016 attack against Ukrainian financial institutions and utilities. After the 2014 seizure of the Crimea…

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A Brief History On June 16, 1811, the remaining crew of an American armed fur trading ship purposely blew the ship up after it had been overrun by Native Americans near Vancouver Island. Digging Deeper The wilds of Western North America were dangerous in 1811, and the Tonquin, a 3 masted ship about 94 feet long was armed with 22 guns.  Owned by fur tycoon, John Jacob Astor, Tonquin had been in the Pacific seeking to trade with Native Americans for furs. After establishing Fort Astoria in Oregon, Tonquin sailed for Vancouver Island where a dispute with Tla-o-qui-aht people resulted…

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A Brief History On June 8, 1959, the US Navy teamed up with the United States Post Office Department to attempt to resurrect the concept of sending mail via rocket or missile. Digging Deeper The submarine, USS Barbero, was employed to launch a Regulus cruise missile, normally armed with a nuclear warhead but this time carrying Post Office containers, from the Atlantic Ocean to Naval Station Mayport in Florida. The 22-minute flight of the missile accurately delivered the commemorative “mail” enclosed, each piece addressed to President Eisenhower and other government officials.  While the test was technically successful, no such program…

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A Brief History On May 31, 1921, one of the saddest examples of racial hatred in American history occurred when White Oklahomans attacked a wealthy Black neighborhood of Tulsa, Oklahoma known as the Greenwood District, or just “The Black Wall Street.” Digging Deeper One of the wealthiest Black sections of the US, the area was home to successful African American business owners as well as community leaders.  The trigger for the attack was an alleged incident of assault on a White girl by a Black youth.  Before the riot finally ended on June 1st with the National Guard being called…

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